NOT LISTED FOR SALE

1203 S Rustin St Sioux City, IA 51106

Morningside Neighborhood

Estimated Value: $265,000 - $286,000

4 Beds
2 Baths
864 Sq Ft
$314/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $188,000 $218 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,809/month

152 Days on Market

Highlights

  • 0.38 Acre Lot
  • Landscaped with Trees
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage

About This Home

As of February 2019

Great investment rental property. Both units have new roofs. Single car garages. #1203 has new refrigerator in 2013 and long term tenant. #1205 has new furnace and AC installed in 2016. Also newer carpet, refrigerator, stove, and water heater. This unit also has a dishwasher. Both units have maintenance free vinyl siding. Tenants own their own washer and dryers that are located in laundry room off kitchen. Both units have sliders to back patio area. Landlord does lawn care and snow removal. Seller has selected United Escrow to close the transaction at no fee to the Buyer.

Last Agent to Sell the Property

Hank Baker

United Real Estate Solutions Listed on: 07/22/2018

United Real Estate Solutions

Last Buyer's Agent

LaNay Welch

Keller Williams Siouxland

Keller Williams Siouxland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,149

Year Built

  • Built in 1993

Lot Details

  • 0.38 Acre Lot
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • 864 Sq Ft Home

Schools

  • Spalding Elementary School
  • East Middle School
  • East High School

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available

Community Details

  • 2 Units
  • Gross Income $16,500

Listing and Financial Details

  • Assessor Parcel Number 894734433024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,149

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Property Features: Trees
  • Legal Description: WEST MORNINGSIDE LOTS 15 & 16 WEST MO RNINGSIDE ADDN AND L OT 12 BLK 4 MARKS 2N D ADDN
  • Year Built: 1993
  • School Middle Junior: East Middle
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 864
  • Main Level Sq Ft: 864
  • Price Per Sq Ft: 217.59

Garage/Parking

  • Garage Type: Attached
  • Internet: Yes
  • Driveway: Concrete
  • Garage Spaces: 2

Utilities

  • Air Conditioning Type: 2 Central
  • Flood Insurance: Unverified
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Type: City

Schools

  • Elementary School: Spalding
  • Middle School: East Middle
  • High School: East High

Lot Info

  • Acres: 0.38
  • Lot Sq Ft: 16,515
  • Parcel Number: 894734433024

Rental Info

  • Paid By Electric: Tenant
  • Paid By Gas: Tenant
  • Paid By Water: Tenant

Tax Info

  • Year: 2018
  • Gross Taxes: 3149
  • Tax Database Id: 1
  • Assessor Parcel Number: 19193-894734433024

Multi Family

  • Rental Income: 1375
  • Electric Separate By Unit: Yes
  • Gross Income: 16500
  • Heat Separate By Unit: Yes
  • Number Of Units: 2
  • Water Separate By Unit: Yes

MLS Schools

  • School Elementary: Spalding
  • School High: East High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2018
Closed on
Feb 1, 2019
Sold by
Schultz Debbra D
Bought by
Espinoza Luis and Espinoza Leticia
Seller's Agent
Hank Baker
United Real Estate Solutions
Buyer's Agent
LaNay Welch
Keller Williams Siouxland
List Price
$199,999
Sold Price
$188,000
Premium/Discount to List
-$11,999
-6%
Current Estimated Value
$271,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,683
Avg. Annual Appreciation
6.67%
Original Mortgage
$141,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Espinoza Luis $188,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinoza Luis $130,000
Closed Espinoza Luis $141,000
Previous Owner Schultz Debra D $138,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $188,000 -6.0% $218 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
07/22/2018 07/22/18 For Sale $199,999 -- $231 / Sq Ft
Source: Northwest Iowa Regional Board 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 $3,952 $227,500 $30,800 $196,700
2023 $3,974 $227,500 $30,800 $196,700
2022 $3,832 $198,100 $28,100 $170,000
2021 $3,832 $194,400 $28,100 $166,300
2020 $3,806 $184,900 $27,100 $157,800
2019 $3,482 $154,200 $0 $0
2018 $3,438 $154,200 $0 $0
2017 $3,438 $138,800 $0 $0
2016 $3,112 $138,800 $0 $0
2015 $3,404 $138,800 $21,300 $117,500
2014 $2,564 $149,600 $45,600 $104,000
Source: Public Records

Agents Affiliated with this Home

  • Hank Baker

    Seller's Agent in 2019

    Hank Baker

    United Real Estate Solutions

    (712) 490-6621

    8 in this area

    91 Total Sales

    Hank Baker
    Section Image
  • LaNay Welch

    Buyer's Agent in 2019

    LaNay Welch

    Keller Williams Siouxland

    (712) 251-7742

    60 in this area

    288 Total Sales

    LaNay Welch
    Section Image
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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 801840

Northwest Iowa Regional Board of REALTORS®

APN: 894734433024

Iowa Woodbury County Sioux City 51106 Morningside

1203 S Rustin St, Sioux City, IA

This home is located at 1203 S Rustin St, Sioux City, IA 51106 since 22 July 2018 and is currently estimated at $271,683, approximately $314 per square foot. This property was built in 1993. 1203 S Rustin St is a home located in Woodbury County with nearby schools including Spalding Park Elementary School, East Middle School, and East 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.

Northwest Iowa Regional Board of REALTORS® Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.

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