NOT LISTED FOR SALE

106, 108, & 110 E Douglas St Knoxville, IA 50138

Estimated Value: $51,000 - $161,768

-- Bed
3 Baths
1,810 Sq Ft
$58/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $122,500 $68 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $635/month

149 Days on Market

Highlights

  • 3 Kitchens
  • Laundry Room
  • Forced Air Heating System
  • No HOA
  • Storage
  • 3-minute walk to Auld Park

About This Home

As of January 2021

This turn-key 3-unit property with 100% occupancy is ready for the savvy investor! Property consists of a duplex with two 1-bed/1-bath units, plus a small house with 2-beds/1-bath. The duplex has vinyl siding and features an entryway facing the parking that leads to the laundry and storage area plus to the hallway between the units. The house sits behind the duplex across a small yard, and is brick with a quaint little fenced in yard off the back stoop. Both buildings have been inspected for the presence of lead-based paint, and are qualified for low-income housing tenants. There are 3-4 off-street parking spaces between the buildings adjacent to the yard, and a small shed provides extra storage for maintenance equipment. See property disclosures and information sheet uploaded with listing for more details on numerous updates. Don't wait! This is a great time to invest in rental properties!

Last Agent to Sell the Property

Annie Leonard

Iowa Realty Knoxville Listed on: 08/19/2020

Iowa Realty Knoxville

Last Buyer's Agent

Karen Dahm

Century 21 Signature

Century 21 Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,069

Year Built

  • Built in 1952

Lot Details

  • 6,840 Sq Ft Lot
  • Lot Dimensions are 57x120

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,810 Sq Ft Home
  • Drapes & Rods
  • Storage
  • Fire and Smoke Detector

Kitchen

  • 3 Kitchens
  • Stove

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 0957500100, 0957500000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $410
  • Gross Income $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,069

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Duplex
  • Lp Amt Sq Ft: 77.29
  • Sp Amt Sq Ft: 67.68
  • Termite: Under Maint Pest Inspection
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 3
  • Stoves Total: 3
  • Interior Amenities: 1st Flr Laundry, Carpeting, Drapes/Curtains, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • First Floor Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Basement Description: Slab
  • Kitchens: 3
  • Laundry: Yes
  • Storage: Yes
  • Included Items: Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1810
  • Total Sq Ft: 1810

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Foundation: See Remarks
  • Roof: Metal
  • Sidewalk: Y
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete, Gravel
  • Off Street Parking: yes

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Fee Information

  • Total Expense: 410

Schools

  • School District: Knoxville

Lot Info

  • Acres: 0.1600
  • Lot S F: 6840
  • Lot Shape: Regular
  • Lot Size: 57x120
  • Assessor Parcel Number: 0957500100, 0957500000
  • Zoning: R

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Insurance Tenant, Taxes Owner, Water Landlord, Water Tenant

Tax Info

  • Gross Taxes: 2068.70
  • Net Taxes: 2070.00
  • Tax Year: 2019

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Knoxville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Jan 13, 2021
Sold by
Hr Petersen Properties Llc
Bought by
Maasmeti Holdings Llc and Miabkenajuth Llc
Seller's Agent
Annie Leonard
Iowa Realty Knoxville
Buyer's Agent
Karen Dahm
Century 21 Signature
List Price
$139,900
Sold Price
$122,500
Premium/Discount to List
-$17,400
-12.44%
Current Estimated Value
$100,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,272
Avg. Annual Appreciation
-3.29%
Source: Public Records

Range of Values:

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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
Maasmeti Holdings Llc $122,500 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $122,500 -12.4% $68 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
08/19/2020 08/19/20 For Sale $139,900 -- $77 / Sq Ft
Source: Des Moines Area Association 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 $978 $50,550 $17,100 $33,450
2023 $1,083 $50,550 $17,100 $33,450
2022 $976 $43,680 $15,110 $28,570
2021 $976 $41,200 $14,250 $26,950
2020 $908 $38,030 $14,250 $23,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 612241

Des Moines Area Association of REALTORS®

APN: 0957500000