NOT LISTED FOR SALE

1008 Rhomberg Ave Dubuque, IA 52001

Estimated Value: $140,413 - $203,000

4 Beds
4 Baths
3,356 Sq Ft
$52/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $145,000 $43 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,085/month

About This Home

As of May 2021

Investors this one will not last long! Its a wonderful 4 plex with great rental history. All the major stuff has been done so its a great turn key investment ready to make you money from day one. Some of the updates include new roof and sheeting in 2012. New windows in 2013. Lead abatement program in 2013.New vinyl plank flooring through out all of the building. Electrical all updated in 2019. Great off street parking in rear. Don't miss out on this investment with approximately a 13% cap rate.

Last Agent to Sell the Property

Jerry Elbert

EXIT Unlimited Listed on: 03/18/2021

EXIT Unlimited

Last Buyer's Agent

Jerry Elbert

EXIT Unlimited Listed on: 03/18/2021

EXIT Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,900

Year Built

  • Built in 1906

Lot Details

  • 7,579

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Block Foundation
  • Composition Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Partial Basement
  • Range

Utilities

  • Radiator
  • Hot Water Heating System
  • Gas Available

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for gas, water, electric, heat, trash
  • Assessor Parcel Number 1118351005

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1
  • Utility Expense $4
  • Real Estate Tax Expense $1
  • Net Operating Income $19

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,900

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: 2 Story
  • Style2: 2 Story
  • Type: Four Plex
  • Year Built: 1906
  • Lvt Date: 03/18/2021
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Estimated Total Above Ground Sq Ft: 2744
  • Estimated Finished Sq Ft: 3356
  • Estimated Sq Ft: 3356
  • Estimated Lower Sq Ft: 612
  • Estimated Main Sq Ft: 1372
  • Estimated Upper Sq Ft: 1372
  • Basement: Partial

Exterior Features

  • Foundation: Block
  • Roof: Asp/Composite Shingle
  • Siding: Aluminum

Garage/Parking

  • Parking: Off Street

Utilities

  • Fuel Type: Gas
  • Heat Type: Hot Water

Schools

  • Elementary School: Marshall
  • Middle School: Jefferson Jr High
  • High School: S. Hempstead

Lot Info

  • Lot Size: .17
  • Parcel Id Number: 1118351005
  • Zoning: multi-family

Rental Info

  • Owner Pays: Gas, Water, Electric, Heat, Trash
  • Tenant Pays: Electric

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
May 20, 2021
Sold by
Harker Brian D and Harker Cynthia L
Bought by
1008 Rhomberg Avenue Llc
Seller's Agent
Jerry Elbert
EXIT Unlimited
Buyer's Agent
Jerry Elbert
EXIT Unlimited
List Price
$149,000
Sold Price
$145,000
Premium/Discount to List
-$4,000
-2.68%
Current Estimated Value
$175,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,353
Avg. Annual Appreciation
4.38%
Original Mortgage
$116,000
Outstanding Balance
$104,795
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$70,558

Purchase Details

Closed on
Mar 31, 2010
Sold by
Mcdermott Phillip A and Mcdermott Mia B
Bought by
Harker Brian D and Harker Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,625
Interest Rate
4.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
1008 Rhomberg Avenue Llc $145,000 None Available
Harker Brian D $75,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1008 Rhomberg Avenue Llc $116,000
Previous Owner Harker Brian D $56,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold $145,000 -2.7% $43 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $149,000 -- $44 / Sq Ft
Source: East Central Iowa Association of REALTORS®

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 $1,900 $167,300 $34,000 $133,300
2024 $1,900 $132,100 $20,400 $111,700
2023 $1,844 $132,100 $20,400 $111,700
2022 $1,805 $118,020 $20,420 $97,600
2021 $1,668 $85,680 $20,420 $65,260
2020 $1,972 $85,680 $20,420 $65,260
2019 $1,784 $85,680 $20,420 $65,260
2018 $1,886 $72,790 $17,020 $55,770
2017 $2,018 $72,790 $17,020 $55,770
2016 $2,018 $72,150 $17,020 $55,130
2015 $2,116 $72,150 $17,020 $55,130
2014 $2,144 $72,150 $17,020 $55,130
Source: Public Records

Agents Affiliated with this Home

  • Jerry Elbert

    Seller's Agent in 2021

    Jerry Elbert

    EXIT Unlimited

    (319) 541-3381

    70 Total Sales

    Jerry Elbert
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Map

Source: East Central Iowa Association of REALTORS®

MLS Number: 141945

East Central Iowa Association of REALTORS®

APN: 11-18-351-005

Iowa Dubuque County Dubuque 52001

1008 Rhomberg Ave, Dubuque, IA

This home is located at 1008 Rhomberg Ave, Dubuque, IA 52001 since 18 March 2021 and is currently estimated at $175,353, approximately $52 per square foot. This property was built in 1906. 1008 Rhomberg Ave is a home located in Dubuque County with nearby schools including Marshall Elementary School, Thomas Jefferson Middle School, and Hempstead 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.

East Central Iowa Association of REALTORS® 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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