NOT LISTED FOR SALE

Estimated Value: $82,000 - $145,000

-- Bed
8 Baths
11,037 Sq Ft
$11/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $370,000 $34 Per Sq Ft

Current estimated payment $826/month

41 Days on Market

About This Home

As of December 2021

Great investment opportunity! 6 rental houses plus a duplex, Seller pays utilities on 2 units, $300-$400 monthly, which is included in total expenses. Buyer to verify square footage.

Last Agent to Sell the Property

Deb Larson

Cardinal City Realty, Inc. Listed on: 10/26/2021

Last Buyer's Agent

Beau Braunger

NAI United

NAI United

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,284

Year Built

  • Built in 1920

Lot Details

  • 0.5 Acre Lot

Parking

  • 3 Car Garage

Home Design

  • 11,037 Sq Ft Home

Listing and Financial Details

  • Assessor Parcel Number 894728231003

Community Details

Overview

  • 7 Units

Building Details

  • Gross Income $59,640
  • Net Operating Income $45,048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,284

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Legal Description: SIOUX CITY EAST LOT 4 BLK 100, SIOUX CITY EAST LOT 3 BLK 100 , SIOUX CITY EAST S 45 FT LOT 2 BLK 100
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 11037
  • Main Level Sq Ft: 5537
  • Sq Ft Below Grade Finishe: 5500
  • Price Per Sq Ft: 33.52

Garage/Parking

  • Garage Spaces: 3

Utilities

  • Sewer Type: City
  • Water Type: City

Lot Info

  • Acres: 0.5
  • Parcel Number: 894728231003

Rental Info

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

Tax Info

  • Gross Taxes: 5284

Multi Family

  • Rental Income: 4970
  • Electric Separate By Unit: Yes
  • Gross Income: 59640
  • Heat Separate By Unit: Yes
  • Number Of Units: 7
  • Water Separate By Unit: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2021
Closed on
Dec 21, 2021
Sold by
Oligmueller Rentals Inc
Bought by
Pickle Properties Sux Floyd Llc Iowa
Seller's Agent
Deb Larson
Cardinal City Realty, Inc.
Buyer's Agent
Beau Braunger
NAI United
List Price
$420,000
Sold Price
$370,000
Premium/Discount to List
-$50,000
-11.9%
Total Days on Market
41
Current Estimated Value
$120,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$249,732
Avg. Annual Appreciation
-27.80%
Original Mortgage
$336,836
Outstanding Balance
$305,716
Interest Rate
2.98%
Mortgage Type
Construction
Estimated Equity
-$185,448
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
Pickle Properties Sux Floyd Llc Iowa $370,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pickle Properties Sux Floyd Llc Iowa $336,836
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $370,000 -11.9% $34 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $420,000 +394.1% $38 / Sq Ft
04/24/2012 04/24/12 Sold $85,000 -29.2% --
03/19/2012 03/19/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $120,000 -- --
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 $1,806 $104,000 $11,700 $92,300
2023 $1,524 $104,000 $11,700 $92,300
2022 $1,498 $76,000 $10,700 $65,300
2021 $1,498 $76,000 $10,700 $65,300
2020 $1,460 $69,500 $3,800 $65,700
2019 $1,398 $0 $0 $0
2018 $1,380 $61,900 $0 $0
2017 $1,380 $51,300 $0 $0
2016 $1,150 $51,300 $0 $0
2015 $1,154 $51,300 $3,400 $47,900
2014 $1,154 $50,700 $4,200 $46,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 815328

Northwest Iowa Regional Board of REALTORS®

APN: 894728231004