Seller's Agent in 2021
John Sweeney
Sweeney Real Estate
(563) 568-4170
7 in this area
106 Total Sales
103 S Lawler St Postville, IA 52162
--
Bed
6
Baths
4,140
Sq Ft
4,600
Sq Ft Lot
About This Home
As of December 2021Amazing investment with potential for a better return. Mixed use - two commercial store fronts and 8 residential units with 6 currently rented boasting almost a 20% gross return. The structure is built with mid-century quality and terrazo floors in the common areas. With a little ambition, could bring this to it's maximum potential, currently showing an annual income of over $40,000. Letter of financial commitment and 72 hour notice prior to showings. If you click on "contact agent" on third party sites, you may be redirected to an agent that may have a paid partnership with that site for their lead generation. Contact your experienced commercial agent directly by phone or email.
Last Agent to Sell the Property
Sweeney Real Estate Brokerage Email: office@sweeneyrealestate.com License #S59906 Listed on: 03/12/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,988
Year Built
- Built in 1949
Lot Details
- 4,600 Sq Ft Lot
- Lot Dimensions are 46x100
Home Design
- Brick Exterior Construction
- Concrete Foundation
- Membrane Roofing
- Rubber Roof
Interior Spaces
- 2-Story Property
Parking
- 6 Open Parking Spaces
- No Garage
- Parking Available
Schools
- Postville Elementary And Middle School
- Postville High School
Utilities
- Heating System Uses Steam
Community Details
- 6 Units
- Water Sewer Expense $4,397
Listing and Financial Details
- Tenant pays for electricity
- Assessor Parcel Number 1933351001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 12, 2021
Closed on
Dec 9, 2021
Sold by
Newman Joseph I and Newman Amina S
Bought by
Blackleopard Llc
Seller's Agent
John Sweeney
Sweeney Real Estate
List Price
$240,000
Sold Price
$200,000
Premium/Discount to List
-$40,000
-16.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Outstanding Balance
$181,179
Interest Rate
3.11%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Mar 12, 2021
Closed on
Dec 7, 2021
Sold by
Goldsmith Aaron B
Bought by
Blackleopard Llc
Seller's Agent
John Sweeney
Sweeney Real Estate
List Price
$240,000
Sold Price
$200,000
Premium/Discount to List
-$40,000
-16.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Outstanding Balance
$181,179
Interest Rate
3.11%
Mortgage Type
Future Advance Clause Open End Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Blackleopard Llc | $150,000 | None Available | |
| Blackleopard Llc | $50,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Blackleopard Llc | $195,000 | |
| Closed | Blackleopard Llc | $195,000 | |
| Previous Owner | Newman Joseph I | $124,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/29/2021 12/29/21 | Sold | $200,000 | -7.0% | $48 / Sq Ft |
| 09/27/2021 09/27/21 | Pending | -- | -- | -- |
| 08/24/2021 08/24/21 | Price Changed | $215,000 | -6.5% | $52 / Sq Ft |
| 05/05/2021 05/05/21 | Price Changed | $230,000 | -4.2% | $56 / Sq Ft |
| 03/12/2021 03/12/21 | For Sale | $240,000 | -- | $58 / Sq Ft |
Source: Northeast Iowa Regional Board 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 | $2,384 | $136,200 | $13,800 | $122,400 |
| 2023 | $2,384 | $136,200 | $13,800 | $122,400 |
| 2022 | $2,270 | $103,200 | $13,800 | $89,400 |
| 2021 | $2,320 | $103,200 | $13,800 | $89,400 |
| 2020 | $2,320 | $99,400 | $13,800 | $85,600 |
| 2019 | $3,050 | $99,400 | $0 | $0 |
| 2018 | $3,772 | $122,200 | $0 | $0 |
| 2017 | $3,772 | $54,990 | $0 | $0 |
| 2016 | $3,978 | $122,200 | $0 | $0 |
| 2015 | $2,288 | $54,990 | $0 | $0 |
| 2014 | $4,504 | $122,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20210905
APN: 19-33-351-001
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