NOT LISTED FOR SALE

101 and 103 8th Ave NE Oelwein, IA 50662

Estimated Value: $155,152 - $188,000

2 Beds
1 Bath
1,824 Sq Ft
$97/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $155,000 $85 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,207/month

Highlights

  • 1-Story Property
  • Landscaped
  • Wood Siding

About This Home

As of August 2022

Well-kept, clean, quite spacious duplex in a great neighborhood/location. Approx. 912 SF each unit. Both units has a carport and storage compartment. Stove, fridge, microwave, washer/dryer stay. No basement. Both occupied. Great rental investment or back to single family. Updates include: Roof in 2018, flooring and paint in 2017, newer windows. No a/c, 2 window units and radiant heat. Call today for your personal showing.

Last Listed By

Noelle Coleman

EXIT Realty Unlimited Oelwein License #S59842 Listed on: 06/27/2022

EXIT Realty Unlimited Oelwein

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,125

Year Built

  • Built in 1972

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 72x167
  • Landscaped

Home Design

  • Duplex
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,824 Sq Ft Home
  • 1-Story Property

Laundry

  • Laundry on main level
  • Laundry in Kitchen

Parking

  • Carport
  • Paved Parking
  • On-Street Parking

Schools

  • Oelwein Elementary And Middle School
  • Oelwein High School

Utilities

  • Window Unit Cooling System
  • Radiant Heating System

Community Details

  • 2 Units
  • Water Sewer Expense $60

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, lawn care, snow removal, trash collection, water
  • Assessor Parcel Number 1822152003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,125

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Parcel Number: 1822152003
  • Year Built: 1972
  • Property Sub-Type: Duplex
  • ResoLaundryFeatures: 1st Floor, In Kitchen
  • ResoLotFeatures: Multiple Houses
  • Lot Size Acres: 0.28
  • Road Frontage Type: Paved Streets
  • Co List Office Phone: 319-283-5700
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1824
  • Architectural Style: One Story, Duplex
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None

Exterior Features

  • Construction Type: Wood Siding
  • Exterior Features: Sidewalk, Landscaping, School Bus Service
  • Siding: Wood

Garage/Parking

  • Parking Features: Carport, Paved, Street Parking

Utilities

  • Cooling: Window Unit(s)
  • Heating: Radiant
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Gas Individual Meters, Separate Meters, Water - Multiple Meters
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 60

Schools

  • Elementary School: Oelwein
  • High School: Oelwein
  • Middle Or Junior School: Oelwein

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 72x167
  • Lot Size Sq Ft: 12024

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas, Heat, Lawn Care, Snow Removal, Trash Collection, Water
  • Lease Term: Other

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Aug 17, 2022
Sold by
Smk Forever Llc
Bought by
Skeleton Key Rental Llc
Seller's Agent
Noelle Coleman
EXIT Realty Unlimited Oelwein
List Price
$160,000
Sold Price
$155,000
Premium/Discount to List
-$5,000
-3.12%
Total Days on Market
0
Current Estimated Value
$176,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,288
Avg. Annual Appreciation
1.81%
Original Mortgage
$155,401
Outstanding Balance
$139,602
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$23,145

Purchase Details

Closed on
Sep 13, 2016
Sold by
Klendworth Miles W and Klendworth Susan K
Bought by
S M K Forever Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,150
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2016
Sold by
Hmk Properties Llc
Bought by
Smk Forever Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,150
Interest Rate
3.43%
Mortgage Type
Commercial

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
Skeleton Key Rental Llc $155,000 --
S M K Forever Llc -- None Available
Smk Forever Llc $79,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skeleton Key Rental Llc $155,401
Previous Owner Smk Forever Llc Smk $114,886
Previous Owner Smk Forever Llc $67,150
Previous Owner Hmk Properties Llc $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2022 08/18/22 Sold $155,000 -3.1% $85 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $160,000 -- $88 / Sq Ft
Source: Northeast Iowa Regional Board 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
2024 $2,744 $144,740 $16,180 $128,560
2023 $69 $144,740 $16,180 $128,560
2022 $1,730 $81,480 $13,480 $68,000
2021 $1,730 $81,480 $13,480 $68,000
2020 $2,124 $96,260 $14,860 $81,400
2019 $1,812 $82,100 $0 $0
2018 $1,772 $82,100 $0 $0
2017 $2,138 $94,610 $0 $0
2016 $2,088 $94,610 $0 $0
2015 $2,088 $0 $0 $0
2014 $2,058 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20222955

Northeast Iowa Regional Board of REALTORS®

APN: 18-22-152-003