NOT LISTED FOR SALE

1323 Garfield Ave Dubuque, IA 52001

Estimated Value: $275,000 - $322,000

6 Beds
5 Baths
3,597 Sq Ft
$85/Sq Ft Est. Value

Sale Details

Date Sold: September 27, 2019

Last sale price $225,000 $63 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,934 / mo

2 Days on Market

About This Home

As of September 2019

Beautiful stone exterior. 4 Plex. Utilities separate. 4 furnaces, coin laundry. Tenant #1 has been there 14 years. Rents could be projected higher. Some hardwood floors. Tenants mow the yard & shovel the snow. Fully rented. 24 HOUR NOTICE TO SHOW. 4 detached garages, good rent. Great location & rental history. Great investment. 2 furnaces in attic, 2 furnaces in basement.

Last Agent to Sell the Property

Dianne Heim

Remax Advantage Listed on: 08/22/2019

Remax Advantage

Last Buyer's Agent

Paula Bodish

Remax Advantage License #IL

Remax Advantage

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 8,276

Parking

  • 3 Car Detached Garage

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Stone Foundation
  • Composition Shingle Roof
  • Rubber Roof
  • Stone Siding

Interior Spaces

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

Kitchen

  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Gas Available

Listing and Financial Details

  • Tenant pays for gas, electric, heat
  • The owner pays for water, heat
  • Assessor Parcel Number 1118306010

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,100
  • Maintenance Expense $1,200
  • Utility Expense $3,145
  • Real Estate Tax Expense $3,960
  • Net Operating Income $25,515

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Style: 2 Story
  • Style2: 2 Story
  • Type: Four Plex
  • Year Built: 1904
  • Lvt Date: 08/22/2019
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Dishwasher, Washer, Dryer
  • Estimated Total Above Ground Sq Ft: 3597
  • Estimated Finished Sq Ft: 3597
  • Estimated Sq Ft: 3597
  • Estimated Main Sq Ft: 2067
  • Estimated Upper Sq Ft: 1530
  • Basement: Full

Exterior Features

  • Foundation: Rock
  • Roof: Asp/Composite Shingle, Rubber
  • Siding: Brick, Stone

Garage/Parking

  • Garage Capacity: 4
  • Garage Feature: No Features
  • Garage Type: Detached – 3+
  • Garage Type: Detached

Utilities

  • Cooling: Central Air, Window Unit
  • Fuel Type: Gas
  • Heat Type: Forced Air

Lot Info

  • Lot Size: .19 acres
  • Parcel Id Number: 1118306010
  • Zoning: R3

Rental Info

  • Owner Pays: Water, Heat
  • Tenant Pays: Gas, Electric, Heat

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2019
Closed on
Sep 27, 2019
Sold by
Rs Homes Llc
Bought by
Mzh Garfield Holdings Llc
Seller's Agent
Dianne Heim
Remax Advantage
Buyer's Agent
Paula Bodish
Remax Advantage
List Price
$249,000
Sold Price
$225,000
Premium/Discount to List
-$24,000
-9.64%
Current Estimated Value
$306,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,333
Avg. Annual Appreciation
4.82%
Original Mortgage
$180,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 8, 2017
Closed on
Nov 10, 2017
Sold by
Olberding Randy L and Olberding Julie A
Bought by
Rs Homes Llc
Seller's Agent
The Adams Team
Remax Advantage
Buyer's Agent
Dianne Heim
Remax Advantage
List Price
$209,000
Sold Price
$200,000
Premium/Discount to List
-$9,000
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%

Purchase Details

Closed on
Sep 26, 2005
Sold by
Arensdrof Ronald M and Arensdrof Kathleen M
Bought by
Olberding Randy L and Olberding Julie A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mzh Garfield Holdings Llc $225,000 None Available
Rs Homes Llc -- None Available
Olberding Randy L $168,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mzh Garfield Holdings Llc $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2019 09/27/19 Sold $225,000 -9.6% $63 / Sq Ft
08/24/2019 08/24/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $249,000 +24.5% $69 / Sq Ft
11/10/2017 11/10/17 Sold $200,000 -4.3% $56 / Sq Ft View Prior Sale
09/27/2017 09/27/17 Pending -- -- --
09/08/2017 09/08/17 For Sale $209,000 -- $58 / Sq Ft
Source: East Central Iowa Association of REALTORS®

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
2025 $3,718 $282,000 $49,600 $232,400
2024 $3,718 $258,600 $29,700 $228,900
2023 $3,729 $258,600 $29,700 $228,900
2022 $3,754 $192,710 $29,740 $162,970
2021 $3,754 $192,710 $29,740 $162,970
2020 $4,434 $192,710 $29,740 $162,970
2019 $3,960 $192,710 $29,740 $162,970
2018 $3,506 $161,660 $24,780 $136,880
2017 $3,760 $135,260 $24,780 $110,480
2016 $3,942 $134,370 $24,780 $109,590
2015 $3,942 $134,370 $24,780 $109,590
2014 $3,994 $134,370 $24,780 $109,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Central Iowa Association of REALTORS®

MLS Number: ECR138500

East Central Iowa Association of REALTORS®

APN: 11-18-306-010

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