NOT LISTED FOR SALE

1240 University Ave Dubuque, IA 52001

Estimated Value: $298,000 - $391,000

6 Beds
3 Baths
3,801 Sq Ft
$89/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $369,000 $97 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,122/month

5 Days on Market

Highlights

  • Community Spa
  • Forced Air Heating and Cooling System
  • Fenced
  • 2 Car Detached Garage
  • Laundry Facilities
  • Wood Siding

About This Home

As of July 2023

Outstanding duplex in amazing condition centrally located in town. Would make a great owner occupied building or great rental property. Many recent mechanical updates, updated interior and very well maintained. Has one 3 bedroom, 1 bath unit and another 4 bedroom, 2 bath unit with plenty of off street parking and a 1 car garage. Includes a nice fenced yard with a patio area and a hot tub that stays. 3rd floor could be split off into a mother in law suite. **See agent remarks for showing times and availibility

Last Agent to Sell the Property

Karl Dolter

Equity Real Estate Group LLC Listed on: 05/19/2023

Last Buyer's Agent

Karl Dolter

Equity Real Estate Group LLC Listed on: 05/19/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,874

Year Built

  • Built in 1911

Lot Details

  • Lot Dimensions are 50x125
  • Fenced

Home Design

  • Duplex
  • Stone Foundation
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available

Listing and Financial Details

  • Tenant pays for gas, water, electric, trash
  • Assessor Parcel Number 1026231006

Community Details

Recreation

  • Community Spa

Building Details

  • Insurance Expense $1,500
  • Real Estate Tax Expense $3,022
  • Net Operating Income $39,878

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,874

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: 2 Story
  • Style2: 2 Story
  • Type: Duplex
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Dishwasher, Washer, Dryer
  • Estimated Total Above Ground Sq Ft: 3801
  • Estimated Finished Sq Ft: 3801
  • Estimated Sq Ft: 3801
  • Estimated Main Sq Ft: 1622
  • Estimated Upper Sq Ft: 2179
  • Basement: Full

Exterior Features

  • Foundation: Rock
  • Roof: Asp/Composite Shingle
  • Siding: Wood

Garage/Parking

  • Garage Capacity: 1
  • Garage Feature: Electricity
  • Garage Type: Detached – 2
  • Parking: Off Street
  • Garage Type: Detached

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas
  • Heat Type: Forced Air

Condo/Co-op/Association

  • Amenities: Jacuzzi/Hot Tub, Laundry Facilities, Fence

Schools

  • Elementary School: Lincoln
  • Middle School: Washington Jr High
  • High School: Dubuque Senior

Lot Info

  • Lot Size: 50x125
  • Parcel Id Number: 1026231006
  • Zoning: R2

Rental Info

  • Tenant Pays: Gas, Water, Electric, Trash

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Jul 3, 2023
Sold by
Fitzgerald Kyle Geoffrey and Fitzgerald Callie Ann
Bought by
Roche Timothy J and Fitzgerald Meghan R
Seller's Agent
Karl Dolter
Equity Real Estate Group LLC
Buyer's Agent
Karl Dolter
Equity Real Estate Group LLC
List Price
$369,900
Sold Price
$369,000
Premium/Discount to List
-$900
-0.24%
Total Days on Market
5
Views
18
Current Estimated Value
$339,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,982
Avg. Annual Appreciation
-4.08%
Original Mortgage
$376,933
Outstanding Balance
$369,474
Interest Rate
6.57%
Mortgage Type
VA
Estimated Equity
-$29,661

Purchase Details

Closed on
Apr 27, 2006
Sold by
Fury Michael Bernard and Fury Victoria L
Bought by
Fitzgerald Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
8.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Roche Timothy J $369,000 None Listed On Document
Fitzgerald Kyle $106,000 All American Escrow & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roche Timothy J $376,933
Previous Owner Fitzgerald Kyle Geoffrey $176,000
Previous Owner Fitzgerald Kyle $125,000
Previous Owner Fitzgerald Kyle $106,000
Previous Owner Fitzgerald Kyle $26,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $369,000 -0.2% $97 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $369,900 -- $97 / 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 $2,874 $314,200 $29,400 $284,800
2023 $2,874 $205,900 $29,400 $176,500
2022 $2,874 $182,750 $25,410 $157,340
2021 $2,874 $182,750 $25,410 $157,340
2020 $2,984 $176,580 $25,410 $151,170
2019 $2,964 $176,580 $25,410 $151,170
2018 $2,914 $167,890 $24,080 $143,810
2017 $2,726 $167,890 $24,080 $143,810
2016 $2,666 $149,670 $24,080 $125,590
2015 $2,666 $149,670 $24,080 $125,590
2014 $2,538 $146,590 $24,080 $122,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Central Iowa Association of REALTORS®

MLS Number: 147201

East Central Iowa Association of REALTORS®

APN: 10-26-231-006