$69,000
SOLD MAY 5, 2014

1315-1317 Marshall St Boone, IA 50036

-- Bed
-- Bath
2,736 Sq Ft
10,803 Sq Ft Lot

Recently Sold

$25 Per Sq Ft

14% Below List Price

52 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Carpet

About This Home

As of December 2023

Great money maker, in good condition, renters pay heat, lights, garbage, water and sewer. NO SHOWINGS UNTIL THURSDAY DUE TO FLU.

Last Agent to Sell the Property

John Nerem

Nerem & Associates License #B05744 Listed on: 01/31/2014

Last Buyer's Agent

Emily Graeve

RE/MAX at the National

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • Lot Dimensions are 60x180

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2,736 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0884261428295

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,668
  • Gross Income $12,000
  • Net Operating Income $9,332

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi-Family
  • Lot Size: 60x180
  • Architectural Style: 2 Story
  • Garage Yn: Yes
  • Year Built: 1918
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Vinyl2: Yes
  • Exterior:Vinyl: Yes
  • Keywords:Architectural Style2: 2 Story
  • Annual Expenses: 2668.0
  • Income Expenses Net Income: 9332.0
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet

Exterior Features

  • Construction Type: Vinyl
  • Foundation Details: Other

Garage/Parking

  • Keywords:Garage Capacity3: 2 Car
  • Keywords:Garage Type3: Detached
  • Keywords:Parking Spaces2: 6 - 10 Spaces

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: Boone

Lot Info

  • Parcel #: 0884261428295
  • Zoning: R-2

Rental Info

  • Who Pays Trash: Tenant
  • Who Pays Water: Tenant

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 12000.0
  • Property Net Operating Income: 9332.0
  • Annual Operating Expense: 2668.0

Tax Info

  • Tax Annual Amount: 2668.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Jul 11, 2019
Sold by
Waltz Properties Llc
Bought by
Wisener Properties Llc
Seller's Agent
Emily Graeve
RE/MAX Generations
Buyer's Agent
Collin Fett
RE/MAX REC
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Current Estimated Value
$196,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,677
Avg. Annual Appreciation
3.51%
Original Mortgage
$128,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2014
Closed on
May 1, 2014
Sold by
Peterson David F and Peterson Cindi A
Bought by
Waltz Properties Llc
Seller's Agent
John Nerem
Nerem & Associates
Buyer's Agent
Emily Graeve
RE/MAX at the National
List Price
$79,900
Sold Price
$69,000
Premium/Discount to List
-$10,900
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.59%
Original Mortgage
$55,200
Interest Rate
4.33%
Mortgage Type
Commercial
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 -- --
Warranty Deed $69,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $148,000 Commercial
Closed $128,000 New Conventional
Previous Owner $55,200 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $186,000 -7.0% $68 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $199,900 +24.9% $73 / Sq Ft
07/12/2019 07/12/19 Sold $160,000 -3.0% $58 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $165,000 +139.1% $60 / Sq Ft
05/05/2014 05/05/14 Sold $69,000 -13.6% $25 / Sq Ft
03/25/2014 03/25/14 Pending -- -- --
01/31/2014 01/31/14 For Sale $79,900 -- $29 / Sq Ft
Source: Central Iowa 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 $2,622 $147,848 $19,080 $128,768
2023 $2,658 $147,848 $19,080 $128,768
2022 $2,670 $122,883 $9,540 $113,343
2021 $2,670 $122,883 $9,540 $113,343
2020 $2,524 $110,635 $9,540 $101,095
2019 $1,954 $110,635 $9,540 $101,095
2018 $1,938 $82,494 $0 $0
2017 $1,738 $73,615 $9,540 $64,075
2016 $1,690 $73,615 $9,540 $64,075
2015 $2,146 $93,196 $0 $0
2014 $2,080 $93,196 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 39340

APN: 088426214282095