NOT LISTED FOR SALE

1124 Locust St Dubuque, IA 52001

Estimated Value: $232,000 - $248,000

4 Beds
4 Baths
3,552 Sq Ft
$68/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $177,500 $50 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,571/month

13 Days on Market

About This Home

As of November 2019

Check out this fabulous investment opportunity in this 4 unit complex with excellent rental history! The building is located by the public library, restaurants, and many other well known establishments! The Property contains 3 units with 2 bedrooms & 1 bath, and 1 unit with 1 bedroom & 1 bath!

Last Agent to Sell the Property

Jill Conrad

EXIT Unlimited Listed on: 09/26/2019

Last Buyer's Agent

Jared Althoff

Keller Williams Legacy Group

Keller Williams Legacy Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,102

Year Built

  • Built in 1900

Lot Details

  • 2,352

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Shingle Roof

Interior Spaces

  • 2-Story Property
  • Range

Utilities

  • Heating Available

Listing and Financial Details

  • Tenant pays for water, electric, heat, trash
  • Assessor Parcel Number 1024454005

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,200
  • Utility Expense $950
  • Real Estate Tax Expense $2,851
  • Net Operating Income $24,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,102

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: 2 Story
  • Style2: 2 Story
  • Type: Four Plex
  • Year Built: 1900
  • Lvt Date: 09/26/2019
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Estimated Total Above Ground Sq Ft: 3136
  • Estimated Finished Sq Ft: 3552
  • Estimated Sq Ft: 3552
  • Estimated Lower Sq Ft: 416
  • Estimated Main Sq Ft: 1158
  • Estimated Upper Sq Ft: 1978

Exterior Features

  • Roof: Asp/Composite Shingle
  • Siding: Brick

Garage/Parking

  • Parking: On Street

Utilities

  • Fuel Type: Electric

Lot Info

  • Lot Size: 2,335
  • Parcel Id Number: 1024454005
  • Zoning: OR -mulifamily

Rental Info

  • Tenant Pays: Water, Electric, Heat, Trash

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Nov 19, 2019
Sold by
Bal Properties Llc
Bought by
River City Property Management Llc
Seller's Agent
Jill Conrad
EXIT Unlimited
Buyer's Agent
Jared Althoff
Keller Williams Legacy Group
List Price
$180,000
Sold Price
$177,500
Premium/Discount to List
-$2,500
-1.39%
Current Estimated Value
$239,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,167
Avg. Annual Appreciation
4.55%
Original Mortgage
$180,000
Outstanding Balance
$160,779
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$68,221

Purchase Details

Listed on
Apr 22, 2019
Closed on
May 31, 2019
Sold by
Merrick Investment Group Llc
Bought by
Bal Properties Llc
Seller's Agent
Jamie Blake
Remax Advantage
Buyer's Agent
Jill Conrad
EXIT Unlimited
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.81%
Original Mortgage
$165,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 16, 2006
Sold by
Dubuqueland Properties Llc
Bought by
Valle Carmelo and Valle Carmen

Purchase Details

Closed on
Oct 13, 2006
Sold by
Cj Management Ii Llc
Bought by
Dubuqueland Properties Llc

Purchase Details

Closed on
Oct 10, 2006
Sold by
Smith Daniel M and Smith Janice M
Bought by
Cj Management Ii Llc

Purchase Details

Closed on
Dec 30, 2004
Sold by
Smith Daniel M and Smith Janice M
Bought by
Cj Management Llc
Source: Public Records

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
River City Property Management Llc $177,500 None Available
Bal Properties Llc $165,000 None Available
Valle Carmelo $128,000 None Available
Dubuqueland Properties Llc $123,500 None Available
Cj Management Ii Llc -- None Available
Cj Management Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open River City Property Management Llc $180,000
Previous Owner Bal Properties Llc $165,000
Previous Owner Merrick Investment Group Llc $151,535
Previous Owner Bm Properties Llc $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2019 11/20/19 Sold $177,500 -1.4% $50 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $180,000 +9.1% $51 / Sq Ft
05/31/2019 05/31/19 Sold $165,000 0.0% $46 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $165,000 -- $46 / Sq Ft
Source: East Central Iowa Association of REALTORS®

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 $3,102 $222,200 $16,800 $205,400
2023 $3,102 $222,200 $16,800 $205,400
2022 $3,142 $161,320 $16,810 $144,510
2021 $3,142 $161,320 $16,810 $144,510
2020 $3,212 $161,320 $16,810 $144,510
2019 $2,850 $139,640 $16,810 $122,830
2018 $3,016 $116,370 $14,010 $102,360
2017 $3,232 $116,370 $14,010 $102,360
2016 $3,232 $115,510 $14,010 $101,500
2015 $3,388 $115,510 $14,010 $101,500
2014 $3,432 $115,510 $14,010 $101,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jill Conrad

    EXIT Unlimited

    Section Image
  • Jamie Blake

    Seller's Agent in 2019

    Jamie Blake

    RE/MAX

    (563) 543-6637

    153 Total Sales

    Section Image
  • Jared Althoff

    Buyer's Agent in 2019

    Jared Althoff

    Keller Williams Legacy Group

    (563) 543-8199

    190 Total Sales

    Section Image
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Map

Source: East Central Iowa Association of REALTORS®

MLS Number: 138754

East Central Iowa Association of REALTORS®

APN: 10-24-454-005

Iowa Dubuque County Dubuque 52001

1124 Locust St, Dubuque, IA

This home is located at 1124 Locust St, Dubuque, IA 52001 since 26 September 2019 and is currently estimated at $242,333, approximately $68 per square foot. This property was built in 1900. 1124 Locust St is a home located in Dubuque County with nearby schools including Prescott Elementary School, George Washington Middle School, and Dubuque Senior High School.

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.

East Central Iowa Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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