NOT LISTED FOR SALE

115 E 2nd St Tiffin, IA 52340

Estimated Value: $270,000 - $359,000

4 Beds
2 Baths
3,280 Sq Ft
$93/Sq Ft Est. Value

Last Sold November 14, 2014

Last sale price $175,172 $53 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,053/month

14 Days on Market

Highlights

  • Deck
  • 3 Car Garage
  • Fenced
  • Hot Water Heating System

About This Home

As of November 2014

What a great investment opportunity in a great location!! Duplex with a 2 bdm/1 bath & 3 bdm/1 bath unit. The 3 bdm unit has an updated kitchen, bath, & main floor windows. The 2 bdm unit has a spacious kitchen and living area. Each unit has a mudroom off the back leading to the rear entrance. Unit 115.5 (3 bdm) has a front porch as well. Tenants pay all utilities & preform yard maintenance. Portion of the shared yard is fenced. 3 car detached garage is seperated for 3 seperate users.*48 hr notice to show. Unit 115.5 (3 bdm) is rented through April 2015. Please ask about the monthly/yearly expenses.

Last Agent to Sell the Property

Timothy Lehman

Edge Realty Group, Inc Listed on: 09/17/2014

Edge Realty Group, Inc

Co-Listed By

Stacy Schroeder

Edge Realty Group, Inc

Last Buyer's Agent

Timothy Lehman

Edge Realty Group, Inc Listed on: 09/17/2014

Edge Realty Group, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,674

Year Built

  • 1900

Lot Details

  • Lot Dimensions are 68 x 120
  • Fenced

Parking

  • 3 Car Garage

Home Design

  • 3,280 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,674

Year Built

1900

Lot Details

0

Listing Details

  • City Name: Tiffin
  • Gross Tax: 2674
  • List User Cell Phone: 319-331-7900
  • Miscellaneous: Basement, Deck/Patio, Fencing, Garage
  • Net Tax: 2674
  • Noof Units Three Bedroom: 1
  • Noof Units Two Bedroom: 1
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.97861
  • Ratio Close Price By Original Li: 0.97861
  • Ratio Current Price By Sq Ft: 53.41
  • Total Sq Ft: 3280
  • Style St: Side/Side
  • Tax Roll Number: 0628458001
  • Tenants Responsibilities Include: Electricity, Gas, Water
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: MULTI
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Cooling: Hot Water Heat, Window/Wall Air

Schools

  • Elementary School: Clear Creek/Amana
  • Middle School: Clear Creek/Amana
  • High School: Clear Creek/Amana

Lot Info

  • Lot Size: 68 X 120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2014
Closed on
Nov 14, 2014
Sold by
Miller Brian J and Diaz Marcks Shellie J
Bought by
Klein Matthew B and Klein Jodi L
Seller's Agent
Timothy Lehman
Edge Realty Group, Inc
Buyer's Agent
Timothy Lehman
Edge Realty Group, Inc
List Price
$179,000
Sold Price
$175,172
Premium/Discount to List
-$3,828
-2.14%
Current Estimated Value
$306,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,295
Avg. Annual Appreciation
4.71%
Original Mortgage
$148,900
Outstanding Balance
$104,244
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$183,714
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
Klein Matthew B $175,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klein Matthew B $15,550
Open Klein Matthew B $148,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2014 11/14/14 Sold $175,172 -2.1% $53 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
09/17/2014 09/17/14 For Sale $179,000 -- $55 / Sq Ft
Source: Cedar Rapids Area 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 $4,600 $244,100 $54,600 $189,500
2023 $4,172 $244,100 $54,600 $189,500
2022 $4,128 $207,800 $35,100 $172,700
2021 $4,144 $207,800 $35,100 $172,700
2020 $4,144 $199,600 $35,100 $164,500
2019 $3,982 $199,600 $35,100 $164,500
2018 $3,898 $191,400 $35,100 $156,300
2017 $3,898 $191,400 $35,100 $156,300
2016 $3,648 $177,700 $35,100 $142,600
2015 $3,648 $177,700 $35,100 $142,600
2014 $2,786 $139,000 $25,000 $114,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1406486

Cedar Rapids Area Association of REALTORS®

APN: 0628458001