NOT LISTED FOR SALE

104 E 5th St Muscatine, IA 52761

Estimated Value: $102,000 - $130,745

4 Beds
2 Baths
1,600 Sq Ft
$71/Sq Ft Est. Value

Last Sold April 11, 2022

Last sale price $85,000 $53 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $757/month

About This Home

As of April 2022

Very nice duplex with vinyl siding and great curb appeal. Main level unit is 1 bedroom 1 bathroom with basement access for laundry and rents for $550 per month. The upper unit has a tenant that has been there over 10 years and it has 3 bedrooms and 1 bathroom with basement access and laundry facilities and rents for $550 per month. One stall off street parking, partially fenced yard and a shared front porch. City inspection is good through 12/01/22. Annual gross income $13,200 less $3,000 for taxes and insurance. Net income of $10,200. 24 hour notice to show, no interior photos.

Last Agent to Sell the Property

Daniel Oien

First Choice Real Estate LLC License #B44442000 Listed on: 01/28/2022

Last Buyer's Agent

Daniel Oien

First Choice Real Estate LLC License #B44442000 Listed on: 01/28/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,538

Year Built

  • Built in 1900

Lot Details

  • 2,657

Unfinished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Muscatine Elementary School
  • Muscatine High School

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,538

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Conversion
  • Legal Description: 35-77-2W E 42' 8" N 62' LOT 9 BLK 77
  • Lvt Date: 01/29/2022
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available, Hi-Speed Internet Availbl
  • Basement: Full, Unfinished
  • Price Per Sq Ft: 53.13
  • Total Sq Ft: 1600

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Curbs & Gutters, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: On-Street Parking, Parking Slab
  • Number Parking Spaces: 1

Utilities

  • Heating Cooling: Forced Air, Gas, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Units Hook-Ups

Schools

  • Elementary School: Muscatine
  • Middle School: Louisa Muscatine
  • High School: Muscatine
  • Elementary School: Muscatine
  • High School: Muscatine

Lot Info

  • Estimated Lot Size: 43' x 62'
  • Lot Description: Level
  • Zoning: Residential
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 13200
  • Lease Information: Various Terms

Tax Info

  • Annual Taxes: 1538
  • Parcel Id Number Tax Id: 0835455004
  • Tax Year: 2021

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 13200
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

MLS Schools

  • Middle School: Louisa Muscatine

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2016
Closed on
Mar 17, 2016
Sold by
Lessenger Brian and Lessenger Elvin W
Bought by
Avis Donald G
Seller's Agent
GERI STUART
RE/MAX PROFESSIONALS
Buyer's Agent
Steve Armstrong
RE/MAX PROFESSIONALS
List Price
$75,900
Sold Price
$70,000
Premium/Discount to List
-$5,900
-7.77%
Current Estimated Value
$113,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,686
Avg. Annual Appreciation
5.00%
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
Avis Donald G $70,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2022 04/11/22 Sold $85,000 -14.9% $53 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $99,900 +42.7% $62 / Sq Ft
03/21/2016 03/21/16 Sold $70,000 -7.8% $44 / Sq Ft View Prior Sale
02/18/2016 02/18/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $75,900 -- $47 / Sq Ft
Source: RMLS Alliance

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 $1,818 $100,670 $8,040 $92,630
2024 $1,818 $100,280 $8,040 $92,240
2023 $1,852 $101,156 $8,024 $93,132
2022 $1,366 $92,100 $7,570 $84,530
2021 $1,366 $66,990 $7,570 $59,420
2020 $1,508 $71,740 $7,570 $64,170
2019 $1,488 $67,390 $0 $0
2018 $1,468 $67,390 $0 $0
2017 $1,626 $71,990 $0 $0
2016 $1,628 $71,990 $0 $0
2015 $1,628 $64,790 $0 $0
2014 $1,474 $64,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4229975

RMLS Alliance

APN: 0835455004