$2,736,000
SOLD AUG 31, 2024
-- Bed
-- Bath
11,780 Sq Ft
0.64 Acres

Recently Sold

$232 Per Sq Ft

251% Above List Price

57 Days on Market

Highlights

  • 28,044 Sq Ft lot
  • Central Air
  • Garage

About This Home

As of August 2024

Great investment opportunity! 12 well-maintained units. Eleven units are two bed, one bath. One unit is one bed, one bath. All units are leased. There is a laundry room in the building.

Last Agent to Sell the Property

Leeann Sires

EPM, Iowa License #S67606000

Last Buyer's Agent

Matt Matthias

Caliber Group Property Management Co License #B686640

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,219

Year Built

  • Built in 1976

Home Design

  • 11,780 Sq Ft Home
  • Slab Foundation
  • Asphalt Roof
  • Rubber Roof
  • Vinyl Siding

Parking

  • Garage
  • 12 Open Parking Spaces
  • Parking Available

Schools

  • Kittrell Elementary School
  • Hoover Intermediate
  • West High School

Additional Features

  • Laundry in Hall
  • 0.64 Acre Lot
  • Central Air

Community Details

  • 12 Units
  • Water Sewer Expense $466

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas
  • Assessor Parcel Number 881302151114

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,219

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Parcel Number: 881302151114
  • Year Built: 1976
  • Property Sub-Type: Multi-Family 5+
  • ResoLaundryFeatures: In Hall
  • Co List Office Phone: 319-560-3543
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 11780
  • Reso Roof: Rubber, Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 12
  • Parking Features: Garage, Parking Space, Detached

Utilities

  • Cooling: Central Air
  • Sewer: City Sewer
  • Utilities: Separate Meters
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 466

Schools

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

Lot Info

  • Zoning: R-3
  • Lot Dimensions: Common
  • Lot Size Sq Ft: 28044

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas
  • Lease Term: 6 Months or Less,Over 9 Months,Month to Month

Multi Family

  • Number Of Units Total: 12

Tax Info

  • Tax Annual Amount: 14219

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2024 08/31/24 Sold $2,736,000 +250.8% $232 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $780,000 -68.2% $66 / Sq Ft
08/27/2021 08/27/21 Sold $2,450,000 -2.0% $52 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $2,500,000 +4.2% $53 / Sq Ft
06/06/2017 06/06/17 Sold $2,400,000 +14.3% $51 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $2,100,000 -- $45 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

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 $1,232 $61,650 $3,170 $58,480
2023 $2,044 $61,650 $3,170 $58,480
2022 $1,154 $53,950 $3,510 $50,440
2021 $1,222 $53,950 $3,510 $50,440
2020 $1,202 $53,950 $3,510 $50,440
2019 $1,202 $53,950 $3,510 $50,440
2018 $1,108 $49,740 $3,510 $46,230
2017 $1,046 $49,740 $3,510 $46,230
2016 $1,034 $45,540 $3,510 $42,030
2015 $1,034 $45,540 $3,510 $42,030
2014 $1,052 $45,540 $3,510 $42,030
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $2,188,800 Credit Line Revolving
Closed $1,920,000 Purchase Money Mortgage
Source: Public Records

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20242322

Northeast Iowa Regional Board of REALTORS®

APN: 8813-02-151-114