$75,000
SOLD JAN 27, 2022

1307 Locust St Atlantic, IA 50022

-- Bed
-- Bath
-- Sq Ft
5,400 Sq Ft Lot

Recently Sold

21% Below List Price

49 Days on Market

About This Home

As of January 2022

Duplex investment property currently fully occupied with $450/M rent each side. Spacious home with lots of storage. Large kitchen, formal dining and living rooms. Two fireplaces on the main level. Tenants pay water and power. Do not disturb the tenants. All information approximate.

Last Agent to Sell the Property

Bradley Sindt

Capital Estates, PLLC License #20210335 Listed on: 10/18/2021

Last Buyer's Agent

Bradley Sindt

Capital Estates, PLLC License #20210335 Listed on: 10/18/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,604

Year Built

  • Built in 1905

Lot Details

  • 5,400 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Brick Foundation

Schools

  • Lewis Central Elementary And Middle School
  • Thomas Jefferson High School

Utilities

  • Heating System Uses Gas
  • Radiant Heating System

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 300005520001000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,604

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Parcel Number: 300005520001000
  • Property Sub Type: Multi Family
  • Year Built: 1905
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.124
  • Lot Size: 5,400 sq ft
  • Ownership: Fee Simple
  • Directions: USE GPS
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Fireplace: No
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Brick/Mortar
  • Fencing: None
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Heating: Gas, Radiant
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Thomas Jefferson
  • Elementary School: Lewis Central
  • Junior High Dist: Council Bluffs
  • Middle Or Junior School: Lewis Central

Lot Info

  • Lot Features: Up to 1/4 Acre.
  • Lot Size Sq Ft: 5400
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1604

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jan 28, 2022
Sold by
Hansen Wilbur L and Hansen Sharon M
Bought by
Johnston Paul Joseph and Johnston Laura Ann
Buyer's Agent
Norma Hemphill
Meyer & Gross Real Estate Co
List Price
$89,500
Sold Price
$89,500
Current Estimated Value
$113,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,514
Avg. Annual Appreciation
4.96%
Original Mortgage
$56,250
Interest Rate
3.56%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $75,000 Lorence & Wiederstein P L L C
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $56,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $89,500 0.0% --
01/28/2022 01/28/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $89,500 +19.3% --
01/27/2022 01/27/22 Sold $75,000 -21.1% --
12/06/2021 12/06/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $95,000 -- --
Source: Great Plains Regional MLS

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 $1,662 $92,400 $8,370 $84,030
2023 $1,662 $92,400 $8,370 $84,030
2022 $1,634 $77,540 $8,370 $69,170
2021 $1,634 $77,540 $8,370 $69,170
2020 $1,578 $71,240 $8,370 $62,870
2019 $1,440 $70,030 $0 $0
2018 $1,418 $70,030 $0 $0
2017 $1,602 $75,620 $0 $0
2016 $1,576 $75,620 $0 $0
2015 $1,560 $75,620 $0 $0
2014 $1,572 $75,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22124991

Great Plains Regional MLS

APN: 300005520001000