NOT LISTED FOR SALE

1005 E 7th St Muscatine, IA 52761

Estimated Value: $100,000 - $139,576

3 Beds
2 Baths
1,830 Sq Ft
$63/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $87,000 $48 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $762/month

8 Days on Market

About This Home

As of December 2021

This is a great investment property! The upstairs unit has 1 bedroom, 1 bathroom, rents for approximately $550/month. The downstairs unit has 2 bedrooms, 1 bath and is currently rented for $600.00. All utilities are split.

Last Agent to Sell the Property

Steve Armstrong

RE/MAX PROFESSIONALS License #B58800000-Steve Armstrong S58801000-Dave Armstrong S66322000-Mandy Kemper Listed on: 10/21/2021

RE/MAX PROFESSIONALS

Last Buyer's Agent

LYNDSAY KRINGS

RUHL & RUHL REALTORS License #S62441000

RUHL & RUHL REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,818

Year Built

  • Built in 1918

Lot Details

  • Lot Dimensions are 30 x 140

Parking

  • Attached Garage

Home Design

  • 1,830 Sq Ft Home

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0836151011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,818

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Zoning: R4
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Above Grade Sq Ft: 1830.00
  • Basement YN: Yes

Garage/Parking

  • Garage Type: Attached

Utilities

  • Utilities Providers City Sewer: YES
  • Utilities Providers Electricity: YES
  • Utilities Providers Heat: Gas
  • Utilities Providers Natural Gas: YES
  • Utilities Providers Water Heater: Gas
  • Number Furnaces: 2 GFA
  • Number Water Heaters: 2 Gas

Schools

  • School District: Muscatine
  • School District: Muscatine

Lot Info

  • Prop Grp ID: 19990816212109142258000000
  • Lot Size: 30 x 140

Rental Info

  • Rent Income: 1150.00

Tax Info

  • Gross Taxes: 1337.50
  • Named Parcel Number: 0836151011

Multi Family

  • No. of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Dec 8, 2021
Sold by
Evans James D and Evans Betsy L
Bought by
Rangel Sabino and Rangel Griselda
Seller's Agent
Steve Armstrong
RE/MAX PROFESSIONALS
Buyer's Agent
LYNDSAY KRINGS
RUHL & RUHL REALTORS
List Price
$92,000
Sold Price
$87,000
Premium/Discount to List
-$5,000
-5.43%
Current Estimated Value
$114,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,644
Avg. Annual Appreciation
7.45%
Original Mortgage
$87,680
Outstanding Balance
$80,675
Interest Rate
3.14%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$33,969
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rangel Sabino $87,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rangel Sabino $87,680
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2021 12/08/21 Sold $87,000 -5.4% $48 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $92,000 -- $50 / Sq Ft
Source: Muscatine Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,818 $106,150 $7,470 $98,680
2024 $1,818 $100,240 $7,470 $92,770
2023 $1,738 $99,799 $7,473 $92,326
2022 $1,412 $84,990 $7,050 $77,940
2021 $1,412 $69,240 $7,050 $62,190
2020 $1,312 $62,400 $5,250 $57,150
2019 $1,374 $62,190 $0 $0
2018 $1,356 $62,190 $0 $0
2017 $1,328 $58,840 $0 $0
2016 $1,330 $58,840 $0 $0
2015 $1,330 $56,410 $0 $0
2014 $1,284 $56,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Armstrong

    Seller's Agent in 2021

    Steve Armstrong

    RE/MAX

    (563) 299-8596

    405 Total Sales

    Steve Armstrong
    Section Image
  • LYNDSAY KRINGS

    Buyer's Agent in 2021

    LYNDSAY KRINGS

    RUHL & RUHL REALTORS

    (319) 471-0219

    64 Total Sales

    LYNDSAY KRINGS
    Section Image
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Map

Source: Muscatine Multiple Listing Service

MLS Number: 21-648

Muscatine Multiple Listing Service

APN: 0836151011

Iowa Muscatine County Muscatine 52761

1005 E 7th St, Muscatine, IA

This home is located at 1005 E 7th St, Muscatine, IA 52761 since 21 October 2021 and is currently estimated at $114,644, approximately $62 per square foot. This property was built in 1918. 1005 E 7th St is a home located in Muscatine County with nearby schools including Jefferson Elementary School, Central Middle School, and Muscatine High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Muscatine Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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