NOT LISTED FOR SALE

1112 7th Ave N Clear Lake, IA 50428

Estimated Value: $211,000 - $406,000

4 Beds
2 Baths
2,200 Sq Ft
$120/Sq Ft Est. Value

Last Sold February 18, 2014

Last sale price $62,000 $28 Per Sq Ft

Est. 328% increase in value since last sale

Current estimated payment $1,679/month

384 Days on Market

About This Home

As of February 2014

Always rented! Great location! Good buy! 1110- $350/month, 1112-$400/month.New windows, new furnace, ceiling fans, utility shed, 60 day notice. Tenants pay all utilities.

Last Listed By

Rhonda Clark

Lake-Iowa Realty Listed on: 12/11/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,212

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 140 x 63

Home Design

  • 2,200 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,212

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Municipality: Clear Lake
  • Year Built: 1900
  • Stories: 2 Stories
  • OFFICELIST_ADDRESS: 1112 7th Avenue N
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2012-12-11
  • List Office I D: 904
  • M L Number Foreign: NCIR61019765
  • Sales Office I D: 1168
  • Selling Agent: 3859
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Avenue
  • Building Style: Duplex Other
  • Unit 1 Annual Rent: 4200
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Month Rent: 350
  • Unit 1 Number of Units: 1
  • Unit 2 Annual Rent: 4800
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Total Bathrooms: 1
  • Unit 2 Bedrooms: 2
  • Unit 2 Month Rent: 400
  • Unit 2 Number of Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Price Per S Q F T: 28.18
  • Above Grade Finished Sq Ft: 2200
  • Room Types: Unit1 Bedroom 1, Unit1 Bedroom 2, Unit1 Bedroom 3, Unit1 Bedroom 4, Unit1 Dining Room, Unit1 Extra Room 1, Unit1 Extra Room 2, Unit1 Extra Room 3, Unit1 Extra Room 4, Unit1 Extra Room 5, Unit1 Extra Room 6, Unit1 Family Room, Unit1 Kitchen, Unit1 Living Room, Unit2 Bedroom 1, Unit2 Bedroom 2, Unit2 Bedroom 3, Unit2 Bedroom 4, Unit2 Dining Room, Unit2 Extra Room 1, Unit2 Extra Room 2, Unit2 Extra Room 3, Unit2 Extra Room 4, Unit2 Extra Room 5, Unit2 Extra Room 6, Unit2 Family Room, Unit2 Kitchen, Unit2 Living Room, Unit3 Bedroom 1, Unit3 Bedroom 2, Unit3 Bedroom 3, Unit3 Bedroom 4, Unit3 Dining Room, Unit3 Extra Room 1, Unit3 Extra Room 2, Unit3 Extra Room 3, Unit3 Extra Room 4, Unit3 Extra Room 5, Unit3 Extra Room 6, Unit3 Family Room, Unit3 Kitchen, Unit3 Living Room, Unit4 Bedroom 1, Unit4 Bedroom 2, Unit4 Bedroom 3, Unit4 Bedroom 4, Unit4 Dining Room, Unit4 Extra Room 1, Unit4 Extra Room 2, Unit4 Extra Room 3, Unit4 Extra Room 4, Unit4 Extra Room 5, Unit4 Extra Room 6, Unit4 Family Room, Unit4 Kitchen, Unit4 Living Room

Fee Information

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

Schools

  • School District: Clear Lake

Lot Info

  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 140 X 63
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Multi Family

  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

Tax Info

  • Gross Taxes: 1212

MLS Schools

  • School District: 1233 - Clear Lake
  • School District Name: Clear Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2012
Closed on
Feb 9, 2014
Sold by
Williams Bryan J and Williams Tamara S
Bought by
Heller William P and Heller Jennifer T
Seller's Agent
Rhonda Clark
Lake-Iowa Realty
Buyer's Agent
Jennifer Heller
Hall Realty
List Price
$85,000
Sold Price
$62,000
Premium/Discount to List
-$23,000
-27.06%
Total Days on Market
384
Current Estimated Value
$265,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,050
Avg. Annual Appreciation
12.75%
Original Mortgage
$62,000
Outstanding Balance
$48,156
Interest Rate
4.54%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$191,554

Range of Values:

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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
Heller William P $62,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heller William P $30,000
Open Heller William P $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2014 02/18/14 Sold $62,000 -27.1% $28 / Sq Ft
12/30/2013 12/30/13 Pending -- -- --
12/11/2012 12/11/12 For Sale $85,000 -- $39 / 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 $2,340 $196,720 $28,920 $167,800
2023 $2,438 $176,980 $28,920 $148,060
2022 $1,888 $155,720 $22,490 $133,230
2021 $1,792 $121,600 $22,490 $99,110
2020 $1,792 $113,760 $22,490 $91,270
2019 $1,622 $0 $0 $0
2018 $1,224 $0 $0 $0
2017 $1,282 $0 $0 $0
2016 $1,266 $0 $0 $0
2015 $1,266 $0 $0 $0
2014 $1,038 $0 $0 $0
2013 $1,284 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5466922

NoCoast MLS

APN: 06-07-357-02-100