NOT LISTED FOR SALE

1390 Daleview Dr Marion, IA 52302

-- Bed
-- Bath
4,608 Sq Ft
1993 Built

Last Sold July 27, 2023

Last sale price $437,500 $95 Per Sq Ft

6 Days on Market

Highlights

  • Deck
  • Forced Air Cooling System
  • Garage
  • Starry Elementary School Rated A-

About This Home

As of July 2023

4 unit Townhouse complex in Marion fully leased with great tenants. Units are all 2 bed, 1.5 bath, spacious 1,150 SF, with 1 stall attached garage and patios, individual washer/dryers and no HOA. Newer roof/siding and in a great location off Hwy 100! Do not approach tenants under any circumstances or walk the property without an appointment. Showings will be permitted by providing proof of financing with the current operating economics, 48 hr notice is also required. Upside potential as most rents are below market and units can be sold off individually in the future as they are all separate parcels. Tenants currently pay all utilities except for garbage (private service) and LL handles snow/lawn care. Clean city rental inspection in late 2022. Selling entity includes the listing agent who is a licensed real estate agent in Iowa.

Last Agent to Sell the Property

Karl Hoffman

SKOGMAN REALTY COMMERCIAL Listed on: 05/25/2023

SKOGMAN REALTY COMMERCIAL

Last Buyer's Agent

Matt Ford

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,706

Year Built

  • 1993

Parking

  • Garage

Home Design

  • 4,608 Sq Ft Home
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Community Details

  • Gross Income $43,000

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,706

Year Built

1993

Lot Details

0

Listing Details

  • City Name: Marion
  • Expense Info: Owner Provided
  • Gross Tax: 7706
  • Last City Inspection: 2022
  • List User Cell Phone: 319-573-4509
  • Miscellaneous: Deck/Patio, Garage
  • Net Tax: 7706
  • Noof Units Two Bedroom: 4
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.97460
  • Ratio Close Price By Original Li: 0.97460
  • Ratio Current Price By Sq Ft: 94.94
  • Total Sq Ft: 4608
  • Style St: Side/Side
  • Taxable Value Tv: 465000.00
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1993

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Lot Info

  • Lot Size: Irr

Multi Family

  • Gross Income: 43000

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2023 07/27/23 Sold $437,500 -2.5% $95 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $448,900 -- $97 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Karl Hoffman

    Seller's Agent in 2023

    Karl Hoffman

    SKOGMAN REALTY COMMERCIAL

    (319) 366-6427

    19 in this area

    140 Total Sales

    Karl Hoffman
    Section Image
  • Matt Ford

    Buyer's Agent in 2023

    Matt Ford

    SKOGMAN REALTY

    (319) 270-8747

    20 in this area

    97 Total Sales

    Matt Ford
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2303365

Cedar Rapids Area Association of REALTORS®
Iowa Linn County Marion 52302

1390 Daleview Dr, Marion, IA

Not Listed for Sale

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