Seller's Agent in 2025
Mark Hanwright
Heartland Properties
(402) 516-6670
3 in this area
264 Total Sales
1029 4th Ave Council Bluffs, IA 51501
Bayless Park Neighborhood
--
Bed
--
Bath
2,354
Sq Ft
8,276
Sq Ft Lot
About This Home
As of March 2025This tri-plex investment property has seen considerable updates both inside and out. Most recently the roof and siding were replaced in 2024, majority of the windows have been replaced with vinyl windows as well. Unit interiors have also seen considerable updates with modern durable finishes that look great and wear well. Current rents are $1200, $1068 and $1034 per month and net income after all expenses estimated at $28,332 for 2024 making this offering a 9.44% CAP! Investors should jump on this stabilized, updated, turn-key investment while it's available as opportunities for great returns like this are few and far between.
Last Agent to Sell the Property
Heartland Properties License #B61001000 Listed on: 12/26/2024
Co-Listed By
Hanwright-Edwards Group
Heartland Properties License #00000000000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,524
Year Built
- Built in 1900
Home Design
- Frame Construction
- Composition Roof
Schools
- Bloomer Elementary School
- Gerald W Kirn Middle School
- Abraham Lincoln High School
Additional Features
- 2-Story Property
- Lot Dimensions are 81x99
- Air Conditioning
Listing and Financial Details
- Tenant pays for - see remarks
- The owner pays for electric, water, gas, garbage
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 26, 2024
Closed on
Mar 31, 2025
Sold by
Robert E And Norma A Peters Family Trust and Peters Robert E
Bought by
Samar Realty Llc
Seller's Agent
Mark Hanwright
Heartland Properties
Buyer's Agent
Mark Hanwright
Heartland Properties
List Price
$300,000
Sold Price
$275,000
Premium/Discount to List
-$25,000
-8.33%
Total Days on Market
64
Views
63
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-35.26%
Original Mortgage
$220,000
Outstanding Balance
$220,000
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving
Estimated Equity
$36,518
Purchase Details
Listed on
Dec 26, 2024
Closed on
Mar 26, 2025
Sold by
Samar Realty Llc
Bought by
Cfnproperties Llc
Seller's Agent
Mark Hanwright
Heartland Properties
Buyer's Agent
Mark Hanwright
Heartland Properties
List Price
$300,000
Sold Price
$275,000
Premium/Discount to List
-$25,000
-8.33%
Views
63
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$220,000
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving
Estimated Equity
$36,518
Purchase Details
Closed on
Oct 9, 2018
Sold by
Peters Robert E and Peters Norma A
Bought by
Samar Realty Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $64,000 | None Listed On Document | |
| Warranty Deed | $275,000 | None Listed On Document | |
| Warranty Deed | $21,250 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $220,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | Sold | $275,000 | -8.3% | $117 / Sq Ft |
| 02/28/2025 02/28/25 | Pending | -- | -- | -- |
| 12/26/2024 12/26/24 | For Sale | $300,000 | -- | $127 / Sq Ft |
Source: Southwest Iowa Association of Realtors®
Tax History Compared to Growth
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 | $2,524 | $126,600 | $25,000 | $101,600 |
| 2023 | $2,524 | $126,600 | $25,000 | $101,600 |
| 2022 | $2,930 | $106,000 | $12,500 | $93,500 |
| 2021 | $4,514 | $106,000 | $12,500 | $93,500 |
| 2020 | $3,406 | $106,000 | $12,500 | $93,500 |
| 2019 | $3,590 | $106,000 | $12,500 | $93,500 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Hanwright
-
H
Seller Co-Listing Agent in 2025
Hanwright-Edwards Group
Heartland Properties
Map
Source: Southwest Iowa Association of Realtors®
MLS Number: 24-2466
APN: 7544 36 151 016
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