114 3rd Ave W Cresco, IA 52136
Estimated Value: $118,000 - $156,255
4
Beds
2
Baths
2,501
Sq Ft
$53/Sq Ft
Est. Value
Highlights
- Deck
- Enclosed patio or porch
- Water Softener is Owned
- 2 Car Detached Garage
- Forced Air Heating and Cooling System
- Level Lot
About This Home
As of April 2020Investment Opportunity with two rental incomes! Continually rented for 10 years! Well maintained with over $45,000 of updates and improvements in the last few years. Duplex home with two rented apartments: 1. Newly remodeled (2016) upstairs apartment with two bedrooms, one bath, with washer/dryer hookups, one side of 22 x 24 detached garage. New carpet/vinyl flooring throughout; new walls/insulation, newly painted, new combination windows with new blinds. New FA furnace and central AC; new hot water heater. Kitchen has refrigerator, stove, dishwasher and microwave. Rents for $500 per month. 2. Downstairs apartment with two bedrooms, one bath, two sun porches and backyard deck, washer/dryer hookups, one side of 22 x 24 detached garage. Carpet new in 2014, freshly cleaned in 2018. New bath walls and vinyl flooring. Painted throughout in 2018. New FA furnace and central AC in 2016. New hot water heater in 2016. Kitchen has refrigerator, stove, dishwasher and microwave. Rents for $500 per month. 2016 entire house was weather-proofed. Newer sewer lines to home. 2018 new roof on front porch. This house has craftsman-style woodwork throughout, large rooms with high ceilings. Ceiling fans in many of the rooms. Stucco home, close to downtown Cresco, churches and recreation center. Both apartments are currently rented. Great location next to Library, churches, main street and fitness center. This house has had $45,000 of updates and improvements and a great investment opportunity!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,018
Year Built
- Built in 1913
Lot Details
- 7,500 Sq Ft Lot
- Lot Dimensions are 50 x 150
- Level Lot
- Property is zoned C-2
Parking
- 2 Car Detached Garage
Home Design
- 2,501 Sq Ft Home
- Asphalt Roof
- Stucco
Kitchen
- Free-Standing Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Washer and Gas Dryer Hookup
Unfinished Basement
- Stone Basement
- Interior and Exterior Basement Entry
- Sump Pump
Outdoor Features
- Deck
- Enclosed patio or porch
Schools
- Cresco Elementary And Middle School
- Cresco High School
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Heating System Uses Gas
- Gas Water Heater
- Water Softener is Owned
Listing and Financial Details
- Total Actual Rent $1,000
- Assessor Parcel Number 320010312000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 23, 2019
Closed on
Mar 27, 2020
Sold by
Nosbisch Mary K and Roberg Margaret A
Bought by
Jamie D & Associates Llc
Seller's Agent
Joan Rollins
AJ Realty, Inc.
List Price
$99,900
Sold Price
$92,000
Premium/Discount to List
-$7,900
-7.91%
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
$40,564
Avg. Annual Appreciation
10.01%
Original Mortgage
$91,000
Interest Rate
3.4%
Mortgage Type
New Conventional
Similar Home in Cresco, IA
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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 |
|---|---|---|---|
| Jamie D & Associates Llc | $92,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jamie D & Associates Llc | $245,852 | |
| Closed | Jamie D & Associates Llc | $91,000 | |
| Previous Owner | Nosbisch Mary Kay | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/06/2020 04/06/20 | Sold | $92,000 | -7.9% | $37 / Sq Ft |
| 02/29/2020 02/29/20 | Pending | -- | -- | -- |
| 11/23/2019 11/23/19 | For Sale | $99,900 | -- | $40 / Sq Ft |
Source: Northeast 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 | $2,242 | $123,040 | $7,500 | $115,540 |
| 2023 | $2,242 | $123,040 | $7,500 | $115,540 |
| 2022 | $2,012 | $100,690 | $7,500 | $93,190 |
| 2021 | $1,930 | $100,690 | $7,500 | $93,190 |
| 2020 | $1,898 | $91,400 | $7,500 | $83,900 |
| 2019 | $1,832 | $85,340 | $0 | $0 |
| 2018 | $1,816 | $85,340 | $0 | $0 |
| 2017 | $2,358 | $106,740 | $0 | $0 |
| 2016 | $2,368 | $106,740 | $0 | $0 |
| 2015 | $2,368 | $89,080 | $0 | $0 |
| 2014 | $2,018 | $89,080 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joan Rollins
Seller's Agent in 2020
Joan Rollins
AJ Realty, Inc.
(563) 380-5364
88 Total Sales
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20196253
APN: 320-01-03-12-000-000
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