NOT LISTED FOR SALE

1240 University Ave Dubuque, IA 52001

Estimated Value: $360,211 - $407,000

6 Beds
3 Baths
3,801 Sq Ft
$100/Sq Ft Est. Value

Sale Details

Date Sold: July 7, 2023

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

Est. 3% increase in value since last sale

Current estimated payment $2,428 / mo

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

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

Year Built

Built in 1911

Lot Details

6,229 Sq Ft Lot

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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Jul 3, 2023
Sold by
Bought by
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%
Views
17
Current Estimated Value
$379,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,803
Avg. Annual Appreciation
0.96%
Original Mortgage
$376,933
Outstanding Balance
$364,004
Interest Rate
6.57%
Mortgage Type
VA
Estimated Equity
$15,799

Purchase Details

Closed on
Apr 27, 2006
Sold by
Bought by

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$369,000 None Listed On Document
$106,000 All American Escrow & Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $471,048
Closed $376,933
Closed $176,000
Closed $125,000
Closed $26,500
Closed $106,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,518 $368,200 $30,800 $337,400
2024 $4,518 $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

  • Karl Dolter

    Seller's Agent in 2023

    Karl Dolter

    Equity Real Estate Group LLC

    (563) 542-6829

    341 Total Sales

    Karl Dolter
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Map

Source: East Central Iowa Association of REALTORS®

MLS Number: ECR147201

East Central Iowa Association of REALTORS®

APN: 10-26-231-006

Iowa Dubuque County Dubuque 52001

1240 University Ave, Dubuque, IA

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.

East Central Iowa Association of REALTORS® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of East Central Iowa Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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