NOT LISTED FOR SALE

1408 Valley St Burlington, IA 52601

Estimated Value: $55,000 - $61,000

3 Beds
1 Bath
1,489 Sq Ft
$38/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2024

Last sale price $48,000 $32 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $397 / mo

176 Days on Market

Highlights

  • Main Floor Bedroom
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • Living Room
  • Dining Room

About This Home

As of January 2024

3 bedroom, 1 bathroom home with lots of natural light. Located close to downtown Burlington. Income property opportunity with current rental permit. Call for a showing today!

Last Agent to Sell the Property

Kristin Masden

Diamond Realty Inc License #*** Listed on: 05/29/2023

Co-Listed By

Bennett Masden

Diamond Realty Inc

Last Buyer's Agent

Jon Salvador

Century 21/Property Professionals

Century 21/Property Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 43'x43'x78'x78'

Parking

  • 1 Car Detached Garage

Home Design

  • Metal Siding

Interior Spaces

  • 1,489 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Legal Description: 2 PEASLEY SUB 71-72-73
  • Municipality: Burlington
  • Year Built: 1900
  • OFFICELIST_ADDRESS: 1408 Valley Street
  • Distribute To Internet: Yes
  • List Office I D: 855
  • Sales Office I D: 838
  • Selling Agent: 3455
  • Street Designation: Street
  • Building Style: 1.5 Story
  • Bedroom 1 Level: Main
  • Special Features: None
  • Stories: 1

Interior Features

  • Common Walls: No
  • Appliances: Range, Refrigerator
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Total Bathrooms: 1
  • Basement: Unfinished
  • Dining Room: Dining Room
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Price Per S Q F T: 32.24
  • Above Grade Finished Sq Ft: 1309
  • Above Grade Finished Sq Ft: 1489
  • Fireplace: Yes
  • Total Finished Sq Ft: 1489
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Upper
  • Dining Room Level: Main
  • Living Room Level: Main

Exterior Features

  • Exterior: Metal

Garage/Parking

  • Description: Detached Garage
  • Fuel: Natural Gas, Electric

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 1
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Association/Amenities

  • Complex/Development/Subdivision: PEASLEY SUB 71-72-73

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.08
  • Geo Update Timestamp: 2023-05-30
  • Total Assessed Value: 55300
  • Assessment Pending: Unknown
  • Homestead Description: None
  • Lot Dimensions: 43'x43'x78'x78'
  • Lot Size Sq Ft: 3485
  • Lot Size Units: Acres

Rental Info

  • Rental License: Yes
  • Rental License Type: Standard

Tax Info

  • Tax Year: 2021
  • Gross Taxes: 1496
  • Net Taxes: 1496

MLS Schools

  • School District: 882 - Burlington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2023
Closed on
Jan 12, 2024
Sold by
Gourehzar Tedis
Bought by
Sills Taylor A
Seller's Agent
Kristin Masden
Diamond Realty Inc
Buyer's Agent
Jon Salvador
Century 21/Property Professionals
List Price
$60,000
Sold Price
$48,000
Premium/Discount to List
-$12,000
-20%
Views
825
Current Estimated Value
$57,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,274
Avg. Annual Appreciation
8.17%
Original Mortgage
$45,600
Outstanding Balance
$44,730
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$12,544

Purchase Details

Closed on
Mar 23, 2022
Sold by
High Velocity Rei Llc
Bought by
518 Maiden St Llc

Purchase Details

Closed on
Mar 22, 2022
Sold by
518 Maiden St Llc
Bought by
Gourehzar Tedis

Purchase Details

Closed on
Aug 3, 2016
Sold by
Qc Rental Props Llc
Bought by
High Velocity Rel Llc
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sills Taylor A $48,000 None Listed On Document
518 Maiden St Llc $48,000 None Listed On Document
Gourehzar Tedis $58,500 None Listed On Document
High Velocity Rel Llc $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sills Taylor A $45,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2024 01/15/24 Sold $48,000 -11.1% $32 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
06/21/2023 06/21/23 Price Changed $54,000 -10.0% $36 / Sq Ft
05/29/2023 05/29/23 For Sale $60,000 -- $40 / Sq Ft
Source: NoCoast MLS

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 $1,116 $55,100 $4,800 $50,300
2024 $1,116 $57,400 $4,800 $52,600
2023 $1,108 $57,400 $4,800 $52,600
2022 $1,126 $55,300 $4,800 $50,500
2021 $1,496 $55,300 $4,800 $50,500
2020 $1,200 $55,300 $4,800 $50,500
2019 $1,234 $55,300 $4,800 $50,500
2018 $1,236 $53,600 $5,000 $48,600
2017 $1,208 $51,300 $0 $0
2016 $1,168 $51,300 $0 $0
2015 $1,168 $51,300 $0 $0
2014 $1,184 $48,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6308248

NoCoast MLS

APN: 11-32-383-020

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