NOT LISTED FOR SALE

107 7th Ave Charles City, IA 50616

Estimated Value: $78,000 - $86,000

5 Beds
4 Baths
1,462 Sq Ft
$57/Sq Ft Est. Value

Last Sold October 15, 2023

Last sale price $82,000 $56 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $620/month

Highlights

  • Enclosed Patio or Porch
  • Ceiling Fan
  • Heating System Uses Steam
  • Balcony
  • Garage
  • Level Lot

About This Home

As of October 2023

Investment opportunity! 4-plex located close to downtown with an easy walk to shopping, entertainment, recreation, and churches. The main floor offers a large 2-bedroom apartment and 1-bedroom efficiency apartment. The 2-bedroom apartment has access to the full basement with laundry, storage and utilities. Additional basement access through optional shared outside entry. The second floor has two 2-bedroom apartments and hallway laundry. A walk-up attic offers more space for storage. All apartments include range/oven and refrigerator. There is a 2-car garage for parking or storage (additional rent potential). 3 paved off-street parking spots are available from the alley, and street parking is available on 7th Avenue and B Street. Come see the potential here!

Last Agent to Sell the Property

Veronica Litterer

Stewart Realty Company License #B61954000 Listed on: 10/13/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,571

Year Built

  • Built in 1910

Lot Details

  • 8,496 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Laundry on lower level

Basement

  • Stone Basement
  • Interior and Exterior Basement Entry

Parking

  • Garage
  • 3 Open Parking Spaces
  • Parking Available
  • On-Street Parking

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Schools

  • Charles City Elementary And Middle School
  • Charles City High School

Utilities

  • Heating System Uses Steam
  • Radiant Heating System

Community Details

  • 4 Units
  • Water Sewer Expense $2,104

Listing and Financial Details

  • Assessor Parcel Number 120635400800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,571

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Parcel Number: 120635400800
  • Year Built: 1910
  • Property Sub-Type: Fourplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: 2nd Floor, Lower Level
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.195
  • Road Frontage Type: Hard Surface Road
  • Co List Office Phone: 641-228-1111
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1462
  • Architectural Style: Two Story, Quadruplex
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Entrance-Inside, Entrance-Outside, Stone/Rock
  • Below Grade Sq Ft: 1402

Exterior Features

  • Construction Type: Aluminum Siding
  • Exterior Features: Balcony/Loft, Sidewalk, Porch-Covered, Porch-Enclosed
  • Siding: Aluminum

Garage/Parking

  • Open Parking Spaces: 3
  • Parking Features: Garage, On Street, Parking Area, Detached

Utilities

  • Cooling: Ceiling Fan(s), None
  • Heating: Radiant, Steam
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Electric in Rent, Elec Individual Meters, Garbage in Rent, Gas in Rent, Water in Rent
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 2104

Schools

  • Elementary School: Charles City
  • High School: Charles City
  • Middle Or Junior School: Charles City

Lot Info

  • Zoning: R-2
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 8496
  • Additional Parcels: No

Rental Info

  • Tenant Pays: None
  • Lease Term: Over 9 Months

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1571

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2017
Closed on
Nov 15, 2018
Sold by
Brant Linda J and Harris Murray E
Bought by
Gonzalez Aimee
Seller's Agent
Veronica Litterer
Stewart Realty Company
List Price
$69,000
Sold Price
$79,000
Premium/Discount to List
$10,000
14.49%
Current Estimated Value
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,000
Avg. Annual Appreciation
0.74%
Original Mortgage
$77,569
Outstanding Balance
$69,536
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$13,464
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gonzalez Aimee $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Aimee $77,569
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2023 10/15/23 Sold $82,000 -3.5% $56 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $85,000 +7.6% $58 / Sq Ft
12/21/2018 12/21/18 Sold $79,000 0.0% $54 / Sq Ft
10/24/2018 10/24/18 Off Market $79,000 -- --
04/26/2018 04/26/18 Price Changed $79,000 +14.5% $54 / Sq Ft
07/17/2017 07/17/17 For Sale $69,000 -- $47 / 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 $1,592 $89,450 $8,500 $80,950
2023 $1,384 $89,450 $8,500 $80,950
2022 $1,654 $74,480 $8,500 $65,980
2021 $1,702 $74,480 $8,500 $65,980
2020 $1,702 $74,480 $8,500 $65,980
2019 $1,570 $60,560 $10,440 $50,120
2018 $1,576 $56,000 $10,440 $45,560
2017 $1,576 $56,000 $10,440 $45,560
2016 $1,728 $56,000 $10,440 $45,560
2015 $1,728 $56,000 $10,440 $45,560
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20235214

Northeast Iowa Regional Board of REALTORS®

APN: 12-06-354-008-00