NOT LISTED FOR SALE

1115 7th St Boone, IA 50036

Estimated Value: $149,000 - $185,840

Studio
4 Baths
2,190 Sq Ft
$77/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $155,000 $71 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,035/month

5 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating System
  • Carpet

About This Home

As of May 2022

Tidy 4-plex apartment building. Bringing in just shy of $2000/mo rental income. Renters pay Elec, Gas, and Water for own units. Centrally located in Boone, walking distance to Downtown and HyVee. All units occupied, although photos are of empty units.

Last Agent to Sell the Property

Emily Graeve

RE/MAX Generations License #B42755 Listed on: 04/11/2022

RE/MAX Generations

Last Buyer's Agent

Jayce Schorn-Pedro

RE/MAX REAL ESTATE CENTER License #S66743

RE/MAX REAL ESTATE CENTER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,522

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 90 x 60

Home Design

  • Quadruplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,190 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 088426281182026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,522

Year Built

Built in 1900

Lot Details

5,401 Sq Ft Lot

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Multi-Family
  • Lot Size: 90 x 60
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1900
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Floor:Carpet: Yes
  • Floor:Vinyl2: Yes
  • Foundation:Stone2: Yes
  • Cooling:Window Unit(s): Yes
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Flooring: Vinyl, Carpet
  • Basement:Full2: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Keywords:Garage Type3: None
  • Keywords:Parking Spaces2: 1 - 5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Schools

  • Junior High Dist: Boone

Lot Info

  • Parcel #: 088426281182026
  • Zoning: Res

Rental Info

  • Who Pays Trash: Landlord
  • Who Pays Water: Tenant

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1522.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
May 13, 2022
Sold by
1115 7Th St Llc
Bought by
Fitzsimmons Sean
Seller's Agent
Emily Graeve
RE/MAX Generations
Buyer's Agent
Jayce Schorn-Pedro
RE/MAX REAL ESTATE CENTER
List Price
$148,000
Sold Price
$155,000
Premium/Discount to List
$7,000
4.73%
Current Estimated Value
$168,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,210
Avg. Annual Appreciation
2.16%
Original Mortgage
$139,500
Outstanding Balance
$129,209
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$39,001

Purchase Details

Closed on
Apr 3, 2019
Sold by
Brooklynj Llc
Bought by
1115 7Th Street Llc

Purchase Details

Closed on
Mar 19, 2019
Sold by
Brooklyn Llc
Bought by
1115 7Th Street Llc

Purchase Details

Closed on
Feb 14, 2008
Sold by
Mcknight Carl L and Mcknight Dee A
Bought by
Brooklyn Llc
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
Fitzsimmons Sean $155,000 None Listed On Document
1115 7Th Street Llc -- None Listed On Document
1115 7Th Street Llc -- --
1115 7Th Street Llc -- --
Brooklyn Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzsimmons Sean $139,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2022 05/18/22 Sold $155,000 +4.7% $71 / Sq Ft
04/17/2022 04/17/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $148,000 -- $68 / Sq Ft
Source: Central Iowa 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 $1,916 $155,180 $30,590 $124,590
2024 $1,916 $104,040 $19,116 $84,924
2023 $1,300 $104,040 $19,116 $84,924
2022 $1,592 $62,208 $9,558 $52,650
2021 $1,592 $62,208 $9,558 $52,650
2020 $1,610 $54,551 $9,558 $44,993
2019 $1,548 $54,551 $9,558 $44,993
2018 $1,652 $49,617 $9,558 $40,059
2017 $1,652 $49,617 $9,558 $40,059
2016 $1,766 $49,617 $9,558 $40,059
2015 $1,844 $49,617 $0 $0
2014 $1,934 $49,617 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Emily Graeve

    Seller's Agent in 2022

    Emily Graeve

    RE/MAX

    (515) 314-0253

    143 in this area

    243 Total Sales

    Emily Graeve
    Section Image
  • Jayce Schorn-Pedro

    Buyer's Agent in 2022

    Jayce Schorn-Pedro

    RE/MAX

    (515) 451-0347

    13 in this area

    198 Total Sales

    Jayce Schorn-Pedro
    Section Image
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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 59801

APN: 088426281182026

Iowa Boone County Boone 50036

1115 7th St, Boone, IA

Not Listed for Sale

MultiFamily

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