NOT LISTED FOR SALE

Estimated Value: $46,000 - $66,000

2 Beds
1 Bath
936 Sq Ft
$63/Sq Ft Est. Value

Last Sold October 24, 2016

Last sale price $35,000 $37 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $417/month

173 Days on Market

About This Home

As of October 2016

Great investment property. Currently rented for $400 each unit. One side is updated with new laminate floors and painted throughout. Five properties can be sold as package (1400 Colorado, 107 Dearborn, 719 - 723 W 5th Street, 729 W 5th Street, 1118 W 4th Street) Seller request no yard sign.

Last Agent to Sell the Property

Alex Tosic

RE/MAX Concepts - Waterloo License #S643830 Listed on: 03/09/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 5,820 Sq Ft Lot
  • Lot Dimensions are 60x97

Home Design

  • Duplex
  • Concrete Foundation
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Interior Basement Entry

Parking

  • 3 Open Parking Spaces
  • No Garage

Schools

  • Highland Elementary School
  • George Washington Carver Academy Middle School
  • East High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, lawn care, snow removal, trash collection, water
  • Assessor Parcel Number 89230302026

Community Details

Overview

  • 2 Units
  • Linden Place Subdivision

Building Details

  • Water Sewer Expense $210

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

5,820 Sq Ft Lot

Listing Details

  • Parcel Number: 89230302026
  • Year Built: 1938
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: None
  • Road Frontage Type: Paved Road
  • Co List Office Phone: 319-232-7100
  • MLS Status: Closed
  • Subdivision Name: LINDEN PLACE
  • Above Grade Finished Sq Ft: 936
  • Architectural Style: One Story
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Concrete, Entrance-Inside
  • Below Grade Sq Ft: 936

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 3
  • Parking Features: None, Gravel

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gas
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 210

Schools

  • Elementary School: Highland Elementary
  • High School: East High
  • Middle Or Junior School: George Washington Carver Academy

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 60x97
  • Lot Size Sq Ft: 5820

Rental Info

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

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 968

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2016
Closed on
Oct 24, 2016
Sold by
Duratovic Samir
Bought by
Riverside Investments Llc
Seller's Agent
Alex Tosic
RE/MAX Concepts - Waterloo
List Price
$45,000
Sold Price
$35,000
Premium/Discount to List
-$10,000
-22.22%
Current Estimated Value
$58,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,667
Avg. Annual Appreciation
5.62%
Original Mortgage
$46,400
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 2012
Sold by
Hoop Jennifer Lynn and Munoz Jennifer Lynn
Bought by
Rogers Michael J and Rogers Kristen M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Riverside Investments Llc $35,000 None Available
Rogers Michael J $121,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Riverside Investments Llc $46,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2016 10/24/16 Sold $35,000 -22.2% $37 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $45,000 -- $48 / 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
2025 $1,234 $64,550 $8,350 $56,200
2024 $1,234 $56,880 $8,350 $48,530
2023 $1,048 $56,880 $8,350 $48,530
2022 $1,020 $47,730 $8,350 $39,380
2021 $1,022 $47,730 $8,350 $39,380
2020 $1,004 $45,090 $6,530 $38,560
2019 $1,004 $45,090 $6,530 $38,560
2018 $1,006 $45,090 $6,530 $38,560
2017 $1,006 $45,090 $6,530 $38,560
2016 $1,022 $45,090 $6,530 $38,560
2015 $1,022 $45,090 $6,530 $38,560
2014 $968 $41,880 $6,530 $35,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20161660

Northeast Iowa Regional Board of REALTORS®

APN: 8912-30-302-026

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