NOT LISTED FOR SALE

Estimated Value: $152,985 - $212,000

4 Beds
2 Baths
768 Sq Ft
$243/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $128,000 $167 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,275/month

34 Days on Market

Highlights

  • Patio
  • Forced Air Heating and Cooling System
  • Storage Shed
  • 1-Story Property
  • Fenced

About This Home

As of April 2016

HERE IS AN AWESOME OPPORTUNITY FOR AN INVESTOR OR OWNER OCCUPANT!! Here is how this ranch style 2 br duplex would benefit an investor: You would have a place that rents for $650 on both sides (of course rent is up to you), you would have the enjoyment of owning a place that has a newer roof, furnaces, water heaters, A/C units, windows, siding, 1036 has a new kitchen (cabinets and all) and newer appliances (1034 now has a brand new refrigerator), newer bathroom finishes, newer carpet, new driveways, spacious and clean basements (1036 currently has carpet in the basement, but still needs final finishes), and 1034 has a renter occupant on a 1 year lease. INSTANT CASH FLOW!!! This duplex is very well maintained by the owners and even by the tenant (He keeps a very clean place for a bachelor). Here is how the owner occupant can benefit from owning this duplex: All you would have to do is move right into the 1036 side and enjoy all the new items listed above. Don't forget, you would have a place that starts right out paying for itself with 1034 being renter occupied under a 1 year lease. HOW COOL IS THAT!!! Plus, you are literally seconds away from shopping, restaurant, and grocery amenities. Plus the school is right down the street. Definitely call now to see it!!

Last Agent to Sell the Property

Keith Owens, ABR,CNE,SPS

Berkshire Hathaway Home Services One Realty Centre License #S58633 Listed on: 01/15/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,058

Year Built

  • Built in 1976

Lot Details

  • 9,520 Sq Ft Lot
  • Lot Dimensions are 70x136
  • Fenced

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement

Laundry

  • Laundry on lower level
  • Washer and Gas Dryer Hookup

Parking

  • 2 Open Parking Spaces
  • No Garage
  • Parking Available
  • On-Street Parking

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Kittrell Elementary School
  • Hoover Intermediate
  • West High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, snow removal, trash collection, water
  • Assessor Parcel Number 881302152005

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $7,800
  • Net Operating Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,058

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Parcel Number: 881302152005
  • Year Built: 1976
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Dryer Hookup-Gas, Lower Level, Washer Hookup
  • Lot Size Acres: 0.219
  • Co List Office Phone: 319-233-7000
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 768
  • Architectural Style: One Story, Duplex
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Partially Finished
  • Below Grade Sq Ft: 768

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Fenced Yard, Patio, Storage Shed
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: None, On Street, Parking Area

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • 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

Schools

  • Elementary School: Kittrell Elementary
  • High School: West High
  • Middle Or Junior School: Hoover Intermediate

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 70x136
  • Lot Size Sq Ft: 9520
  • Additional Parcels: No

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas, Heat, Snow Removal, Trash Collection, Water
  • Lease Term: Over 9 Months

Multi Family

  • Gross Income: 7800
  • Number Of Units Total: 2
  • Net Operating Income: 15600

Tax Info

  • Tax Annual Amount: 3058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
Chanemar Llc
Bought by
Crf Rentals Llc
Current Estimated Value
$186,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,249
Outstanding Balance
$124,826
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$63,509

Purchase Details

Closed on
Aug 1, 2018
Sold by
A & B Rentals Llc
Bought by
Chanerman Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 15, 2016
Closed on
Apr 1, 2016
Sold by
Vannote Howard M and Van Note Janet M
Bought by
A & B Rentals Llc
Seller's Agent
Keith Owens, ABR,CNE,SPS
Berkshire Hathaway Home Services One Realty Centre
List Price
$141,000
Sold Price
$128,000
Premium/Discount to List
-$13,000
-9.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%
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
Crf Rentals Llc $138,500 None Available
Chanerman Llc $131,000 --
A & B Rentals Llc $128,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crf Rentals Llc $135,249
Previous Owner Chanerman Llc $121,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2016 04/01/16 Sold $128,000 -9.2% $167 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $141,000 -- $184 / 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 $3,450 $159,010 $24,260 $134,750
2023 $3,380 $159,010 $24,260 $134,750
2022 $3,042 $142,250 $24,260 $117,990
2021 $2,970 $142,250 $24,260 $117,990
2020 $2,922 $131,150 $19,060 $112,090
2019 $2,922 $131,150 $19,060 $112,090
2018 $2,924 $131,150 $19,060 $112,090
2017 $3,036 $131,150 $19,060 $112,090
2016 $3,000 $132,220 $19,060 $113,160
2015 $3,000 $132,220 $19,060 $113,160
2014 $3,058 $132,220 $19,060 $113,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20160226

Northeast Iowa Regional Board of REALTORS®

APN: 8813-02-152-005