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501 16th Avenue

501 16th Avenue, Moline, IL 61265
Property in Old Towne
Sold Apr 17, 2023
$88,150
$90,000 by Blue Grass Savings Bank
Mortgage Due Nov 01, 2028
Sold Nov 27, 2019
$31,000
$70,186 by Senb Bank
Mortgage Due Nov 27, 2024
501 16th Avenue in Moline, IL was first built in 1874 and is 150 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. The basement is 1,156 sqft and has been categorized as a full basement. In total, the area measurement of the land is 8,229 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 416 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 501 16th Avenue sold most recently in Apr 12, 2023 for a total of $88,150. If you work out the math, that's approximately a cost of $76.25 per sqft. Before that, the property was also sold for $31,000 in Oct 7, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,794 in taxes each year. The initial year of tax delinquency occurred in 2022. 501 16th Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $30,703. If we break it down further, the land itself was valued at $6,045. Improvements to the property, however, were assessed at a total of $24,658. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1874
  • Effective Year Built: 1874
  • Bedroom Count: 4
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,156
  • Garage Type: Garage
  • Garage Square Area: 416
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,229
  • Total Building Area: 1,156
  • Gross Building Area: 1,156
  • Building Area: 1,156
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DAEBELLIEHNS ADD
  • Land Acres: 0.19
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 11 BLOCK 3 DAEBELLIEHNS ADD

Ownership

  • Current Owner : DOWD CAMERON
  • Current Owner 2: DOWD STEPHANIE
  • Previous Owner : QCA HOLDINGS LLC SERIES 1
  • Owner Before Previous Owner: VANDEMOORTEL ANNE M
  • Owner Before Previous Owner 2: VANDEMOORTEL GARY W
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Moline Unit School District 40
  • Census Tract: 022200

Zoning

  • Zoning: MOL

Geography

  • District: 08
  • Section: 6
  • Parcel: 17-06-211-009
  • Block: 3
  • Lot: 11
  • Municipality: MOLINE
  • Latitude: 41.4973
  • Longitude: -90.53

    Address

  • Full Address: 501 16th Ave
  • Address - House Number: 501
  • Address - Street Name: 16th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Moline
  • Carrier Code: C007
  • 4-Digit Zip Code: 2943
  • Zip Code: 61265

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,794
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 08001

    Appraisal Valuation

  • Standard Deviation: 0.3755
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 24
  • Final Value: 219,166
  • High Value: 301,466
  • Low Value: 136,865

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $90,000
  • First Open Lien Mortgage Lender: BLUE GRASS SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Nov 01, 2023
  • First Open Lien Mortgage Loan Amount: $90,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2028

    Market Valuation

  • Market Total Value: $92,109
  • Market Land Value: $18,135
  • Market Improvement Value: $73,974

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,703
  • Assessed Land Value: $6,045
  • Assessed Improvements Value: $24,658

    Sales

  • Current Sale Contract Date: Apr 12, 2023
  • Current Sale Recording Date: Apr 17, 2023
  • Current Sale Transaction ID: 11905200117
  • Current Sale Price: $88,150
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4639
  • Previous Sale Recording Date: Nov 27, 2019
  • Previous Sale Contract Date: Oct 07, 2019
  • Previous Sale Amount: $31,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EQUITY TRUST CO
  • First Mortgage Transaction Date: Apr 17, 2023
  • First Mortgage Loan Amount: $90,000
  • First Mortgage Terms: 5
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 14, 2023

    Previous Mortgages

  • Previous Mortgage Lender: SENB BANK
  • Previous Mortgage Transaction Date: Nov 27, 2019
  • Previous Mortgage Loan Amount: $70,186
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 27, 2024

About Old Towne



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Frequently Asked Questions

What neighborhood is 501 16th Avenue located in?
The 501 16th Avenue is a located in the neighborhood of Old Towne in Old Towne, Moline.
What is the average sales price for listings in 501 16th Avenue?
The average sales price for units in 501 16th Avenue is $0 currently.

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