NOT LISTED FOR SALE

1411 Avenue C Fort Madison, IA 52627

Estimated Value: $72,000 - $78,000

2 Beds
2 Baths
1,704 Sq Ft
$44/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $49,000 $29 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $517/month

127 Days on Market

About This Home

As of February 2014

This is an up and down duplex. Both units are big one bedroom, 1 bath units that are all electric. Garage in back is rented out as well. Bottom currently rents for $400 and the top $375. Listing agent is also owner of Lorence Enterprises, LLC

Last Agent to Sell the Property

Tonya Lorence

Lorence Enterprises LLC Listed on: 10/11/2013

Last Buyer's Agent

Tonya Lorence

Lorence Enterprises LLC Listed on: 10/11/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,318

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 31.50 x 154.50

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,704 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Hot Water Heating System

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,318

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: #1651 1411 AVE C W31 1/2' E181 1/2'
  • Municipality: Fort Madison
  • Year Built: 1900
  • OFFICELIST_ADDRESS: 1411 Avenue C
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2013-10-11
  • List Office I D: 852
  • M L Number Foreign: SEIA23005556
  • Sales Office I D: 852
  • Selling Agent: 2270
  • Share Listings With: Broker Reciprocity, CoreLogic Listing License, Homes.com, Realtor.com, RPR Listing License
  • Building Style: Duplex Other
  • Unit 1 Annual Rent: 4800
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Month Rent: 400
  • Unit 1 Number of Units: 1
  • Unit 2 Annual Rent: 4500
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Total Bathrooms: 1
  • Unit 2 Bedrooms: 1
  • Unit 2 Month Rent: 375
  • Unit 2 Number of Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Price Per S Q F T: 28.76
  • Above Grade Finished Sq Ft: 1704
  • Room Types: Unit1 Bedroom 1, Unit1 Bedroom 2, Unit1 Bedroom 3, Unit1 Bedroom 4, Unit1 Dining Room, Unit1 Extra Room 1, Unit1 Extra Room 2, Unit1 Extra Room 3, Unit1 Extra Room 4, Unit1 Extra Room 5, Unit1 Extra Room 6, Unit1 Family Room, Unit1 Kitchen, Unit1 Living Room, Unit2 Bedroom 1, Unit2 Bedroom 2, Unit2 Bedroom 3, Unit2 Bedroom 4, Unit2 Dining Room, Unit2 Extra Room 1, Unit2 Extra Room 2, Unit2 Extra Room 3, Unit2 Extra Room 4, Unit2 Extra Room 5, Unit2 Extra Room 6, Unit2 Family Room, Unit2 Kitchen, Unit2 Living Room, Unit3 Bedroom 1, Unit3 Bedroom 2, Unit3 Bedroom 3, Unit3 Bedroom 4, Unit3 Dining Room, Unit3 Extra Room 1, Unit3 Extra Room 2, Unit3 Extra Room 3, Unit3 Extra Room 4, Unit3 Extra Room 5, Unit3 Extra Room 6, Unit3 Family Room, Unit3 Kitchen, Unit3 Living Room, Unit4 Bedroom 1, Unit4 Bedroom 2, Unit4 Bedroom 3, Unit4 Bedroom 4, Unit4 Dining Room, Unit4 Extra Room 1, Unit4 Extra Room 2, Unit4 Extra Room 3, Unit4 Extra Room 4, Unit4 Extra Room 5, Unit4 Extra Room 6, Unit4 Family Room, Unit4 Kitchen, Unit4 Living Room

Exterior Features

  • Exterior: Other
  • Roof: Other

Utilities

  • Garage Stalls: 2
  • Heating: Hot Water, Other

Condo/Co-op/Association

  • Common Features: Carpets, Extra Storage

Fee Information

  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Schools

  • School District: Fort Madison

Lot Info

  • Acres: 0.11
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 31.50 X 154.50
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Multi Family

  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

MLS Schools

  • School District: 2322 - Fort Madison
  • School District Name: Fort Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2023
Sold by
Lorence Enterprises Llc
Bought by
M T Properties Llc
Current Estimated Value
$74,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,299
Outstanding Balance
$408,967
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$329,634

Purchase Details

Closed on
Apr 2, 2008
Sold by
Mcvey Gary and Mcvey Barbara
Bought by
Lorence Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,750
Interest Rate
5.04%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
M T Properties Llc $415,500 None Listed On Document
Lorence Enterprises Llc $16,735 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M T Properties Llc $415,299
Previous Owner Lorence Enterprises Llc $235,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $49,000 0.0% $29 / Sq Ft
02/15/2014 02/15/14 Pending -- -- --
10/11/2013 10/11/13 For Sale $49,000 -- $29 / Sq Ft
Source: NoCoast 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 $1,318 $55,140 $6,490 $48,650
2023 $1,226 $66,460 $6,490 $59,970
2022 $1,054 $53,320 $6,490 $46,830
2021 $1,054 $53,320 $6,490 $46,830
2020 $1,052 $50,520 $6,880 $43,640
2019 $1,024 $50,520 $6,880 $43,640
2018 $1,058 $47,660 $0 $0
2017 $1,058 $43,790 $0 $0
2014 $800 $36,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5428744

NoCoast MLS

APN: 02-47-15-04-206-0110