NOT LISTED FOR SALE

108 N Marshall St Burlington, IA 52601

Estimated Value: $69,553 - $90,000

2 Beds
2 Baths
1,160 Sq Ft
$66/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $72,000 $62 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $475/month

38 Days on Market

About This Home

As of December 2023

DUPLEX INCOME PROPERTY - Up and down duplex with many updates including a new roof. Each floor is a 1 bedroom apartment, both featuring large living rooms, a kitchen, bedroom and bath. Includes a 1 car garage. Both units are currently rented and the property has an active rental permit. Located a short ways from the Mississippi River and many local dining, shopping and entertainment options in downtown Burlington. Contact your agent today for a tour!

Last Agent to Sell the Property

Andy Crowner

RE/MAX Real Estate Specialists Listed on: 10/13/2023

RE/MAX Real Estate Specialists

Last Buyer's Agent

Andy Crowner

RE/MAX Real Estate Specialists Listed on: 10/13/2023

RE/MAX Real Estate Specialists

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $720

Year Built

  • Built in 1903

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30' x 117'

Parking

  • 1 Car Garage

Home Design

  • 1,160 Sq Ft Home
  • Duplex
  • Asphalt Shingled Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Gross Income $1,125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$720

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Accessible: None
  • Legal Description: 89 SMITH ADD N30'
  • Municipality: Burlington
  • Year Built: 1903
  • Stories: 2 Stories
  • OFFICELIST_ADDRESS: 108 N Marshall Street
  • Distribute To Internet: Yes
  • List Office I D: 698
  • Sales Office I D: 698
  • Selling Agent: 4624
  • Street Designation: Street
  • Building Style: Duplex Up and Down
  • Unit 1 Appliances: Range, Refrigerator
  • Unit 1 Annual Rent: 6900
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Living Room Level: Main
  • Unit 1 Month Rent: 575
  • Unit 1 Number of Units: 1
  • Unit 2 Appliances: Range, Refrigerator
  • Unit 2 Annual Rent: 6600
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Bedrooms: 1
  • Unit 2 Living Room Level: Upper
  • Unit 2 Month Rent: 550
  • Unit 2 Number of Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Number of Ranges: Two
  • Basement: Full, Storage Space
  • Price Per S Q F T: 62.07
  • Above Grade Finished Sq Ft: 1160
  • Fireplace: No
  • Total Finished Sq Ft: 1160

Exterior Features

  • Exterior: Vinyl
  • Road Frontage: City Street
  • Roof: Asphalt Shingles, Age 8 Years or Less

Garage/Parking

  • Fuel: Natural Gas

Utilities

  • Garage Stalls: 1
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Association/Amenities

  • Complex/Development/Subdivision: SMITHS ADD

Fee Information

  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Lot Info

  • Acres: 0.08
  • Geo Update Timestamp: 2023-10-13
  • Total Assessed Value: 35400
  • Assessment Pending: No
  • Homestead Description: None
  • Lot Dimensions: 30' x 117'
  • Lot Size Sq Ft: 3484.8
  • Lot Size Units: Acres

Rental Info

  • Rental License: Yes
  • Rental License Type: Standard

Multi Family

  • Number Of Refrigerators: Two
  • Tenant Expenses: Cable T.V., Electricity, Fuel, Sewer, Trash Collection, Water
  • Total Units: 2

Tax Info

  • Tax Year: 2021
  • Gross Taxes: 720
  • Net Taxes: 710

MLS Schools

  • School District: 882 - Burlington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Dec 21, 2023
Sold by
Arya Enterprises Inc
Bought by
Brincks Logan J and Brinks Megan N
Seller's Agent
Andy Crowner
RE/MAX Real Estate Specialists
Buyer's Agent
Andy Crowner
RE/MAX Real Estate Specialists
List Price
$79,900
Sold Price
$72,000
Premium/Discount to List
-$7,900
-9.89%
Views
57
Current Estimated Value
$76,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,638
Avg. Annual Appreciation
3.90%
Original Mortgage
$61,200
Outstanding Balance
$60,488
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$16,150

Purchase Details

Closed on
Dec 15, 2022
Sold by
Hunt Ronald W and Hunt Margaret E
Bought by
Arya Enterprises Inc
Source: Public Records

Range of Values:

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Average Value
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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
Brincks Logan J $72,000 None Listed On Document
Arya Enterprises Inc $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brincks Logan J $61,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $72,000 -9.9% $62 / Sq Ft
10/13/2023 10/13/23 For Sale $79,900 -- $69 / Sq Ft
Source: NoCoast MLS

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 $664 $56,100 $4,200 $51,900
2023 $710 $39,100 $4,200 $34,900
2022 $720 $35,400 $4,200 $31,200
2021 $720 $35,400 $4,200 $31,200
2020 $768 $35,400 $4,200 $31,200
2019 $958 $35,400 $4,200 $31,200
2018 $958 $41,600 $4,400 $37,200
2017 $958 $39,600 $0 $0
2016 $902 $39,600 $0 $0
2015 $902 $39,600 $0 $0
2014 $914 $39,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6312285

NoCoast MLS

APN: 16-05-127-004