Seller's Agent in 2024
Tonya Vakulskas
Keller Williams Okoboji
(712) 899-6328
1 in this area
135 Total Sales
1111 7th St Sioux City, IA 51105
Midtown Sioux City NeighborhoodEstimated Value: $170,000 - $202,000
5
Beds
3
Baths
2,280
Sq Ft
$79/Sq Ft
Est. Value
Highlights
- Forced Air Heating and Cooling System
- Level Lot
- 4-minute walk to Midcity Park
About This Home
As of January 2024Discover this triplex that not only makes financial sense but also boasts a solid cash flow. Each unit comes equipped with individual electrical and water meters, ensuring efficiency in utility management. Tenants are responsible for their own heating expenses, streamlining your operational costs. The landlord sweetens the deal by providing a washer and dryer for tenant convenience. The first-floor unit showcases two bedrooms in updated condition, while the second floor echoes the same with two bedrooms. The third floor offers a unique touch with one bedroom and a contemporary feel, adding a touch of modernity to the property. Benefit from off-street parking, a valuable amenity for both you and your tenants. This investment opportunity is not just a property; it's a smart financial move. Crunch the numbers, and you'll see how well this investment pencils out. Don't miss out on this chance to enhance your portfolio!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,256
Year Built
- Built in 1900
Lot Details
- 2,756 Sq Ft Lot
- Stone Retaining Walls
- Level Lot
Home Design
- 2,280 Sq Ft Home
Schools
- Irving Elementary School
- North Middle School
- North High School
Utilities
- Forced Air Heating and Cooling System
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 19193-894728282010
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $480
- Gross Income $23,400
- Net Operating Income $18,700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2023
Closed on
Dec 14, 2023
Sold by
Raymer And Raymer Properties Llc
Bought by
Perez Yesenia R Balderas
Seller's Agent
Tonya Vakulskas
Keller Williams Okoboji
Buyer's Agent
Aaron Tyler
Keller Williams Siouxland
List Price
$165,000
Sold Price
$158,000
Premium/Discount to List
-$7,000
-4.24%
Views
61
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,760
Avg. Annual Appreciation
1.44%
Original Mortgage
$118,500
Outstanding Balance
$116,964
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$44,720
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Perez Yesenia R Balderas | $158,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Perez Yesenia R Balderas | $118,500 | |
| Previous Owner | Raymer Jared R | $58,758 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/02/2024 01/02/24 | Sold | $158,000 | -4.2% | $69 / Sq Ft |
| 11/25/2023 11/25/23 | Pending | -- | -- | -- |
| 11/08/2023 11/08/23 | For Sale | $165,000 | -- | $72 / Sq Ft |
Source: Northwest Iowa Regional Board of REALTORS®
Tax History Compared to Growth
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 | $2,268 | $130,600 | $6,600 | $124,000 |
| 2023 | $2,256 | $130,600 | $6,600 | $124,000 |
| 2022 | $2,528 | $112,500 | $6,100 | $106,400 |
| 2021 | $2,528 | $89,300 | $6,100 | $83,200 |
| 2020 | $2,056 | $78,000 | $5,300 | $72,700 |
| 2019 | $1,934 | $65,000 | $0 | $0 |
| 2018 | $2,052 | $65,000 | $0 | $0 |
| 2017 | $2,016 | $61,300 | $0 | $0 |
| 2016 | $2,130 | $61,300 | $0 | $0 |
| 2015 | $2,080 | $61,300 | $4,800 | $56,500 |
| 2014 | $2,260 | $56,600 | $4,200 | $52,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Aaron Tyler
Keller Williams Siouxland
(712) 253-4139
4 in this area
272 Total Sales
Map
Source: Northwest Iowa Regional Board of REALTORS®
MLS Number: 822902
APN: 894728282010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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