NOT LISTED FOR SALE

1423 5th Ave S Fort Dodge, IA 50501

Estimated Value: $105,000 - $118,000

4 Beds
3 Baths
1,721 Sq Ft
$64/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $110,000 $64 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $580/month

56 Days on Market

About This Home

As of June 2024

Affordable fully leased triplex for sale! Currently bringing in $1810/month in rents. Property has been well taken care of. Newer siding, windows, roof, and flooring. Don't miss out on this budget friendly opportunity. Call Edward Johll at 515-408-0156 to take a look!

Last Agent to Sell the Property

Edward Johll

RE/MAX of Fort Dodge Brokerage Phone: 5159553828 License #566201000 Listed on: 02/22/2024

RE/MAX of Fort Dodge

Last Buyer's Agent

Megan Peterson

RE/MAX of Fort Dodge License #S70441000

RE/MAX of Fort Dodge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,322

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50 x 170

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 4 Bedrooms
  • 1,721 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • Parking Lot

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 3 Units
  • Water Sewer Expense $1,560

Listing and Financial Details

  • Total Actual Rent $1,810

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,322

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Co List Office Mls Id: 6
  • Carport Y N: No
  • Garage Yn: No
  • Reso Interior Features: Other
  • Unit Levels: Two
  • LivingArea: 1721
  • Reso Roof: Asphalt
  • Financial Info Electric: Circuit Breakers, Separate Meters
  • Attribution Contact: 5159553828
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Unit 1: Microwave,Refrigerator,Stove - E, Unit 2: Microwave,Refrigerator,Stove - E, Unit 3: Microwave,Refrigerator,Stove - E, Unit 4: Other, Water Heater: Gas
  • Basement: Full
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.2
  • Construction Type: Vinyl Siding
  • Exterior Features: Other
  • Foundation Details: Stone, Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, 1 Space, Parking Lot

Utilities

  • Cooling: Wall Unit(s), None
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: City Water

Fee Information

  • Trash Expense: 360
  • Annual Water Sewer Expense: 1560

Schools

  • Junior High Dist: Fort Dodge

Lot Info

  • Lot Dimensions: 50 x 170
  • Lot Size Sq Ft: 8712
  • ResoLotSizeUnits: Square Feet
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 1810

Tax Info

  • Tax Annual Amount: 1322

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
May 15, 2024
Sold by
Romashov Kirill and Romashov Megan
Bought by
Khaliki Apartments Llc
Seller's Agent
Edward Johll
RE/MAX of Fort Dodge
Buyer's Agent
Megan Peterson
RE/MAX of Fort Dodge
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%
Views
22
Current Estimated Value
$104,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,232
Avg. Annual Appreciation
-4.16%
Original Mortgage
$82,500
Outstanding Balance
$81,759
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$22,866

Purchase Details

Listed on
Jun 12, 2023
Closed on
Jul 28, 2023
Sold by
Klein Bradley C and Klein Lindsay C
Bought by
Romashov Kirill and Romashov Megan
Seller's Agent
Patrick McKinney
RE/MAX of Fort Dodge
Buyer's Agent
Edward Johll
RE/MAX of Fort Dodge
List Price
$110,000
Sold Price
$103,000
Premium/Discount to List
-$7,000
-6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$77,250
Interest Rate
6.71%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Khaliki Apartments Llc $110,000 None Listed On Document
Romashov Kirill $103,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khaliki Apartments Llc $82,500
Previous Owner Romashov Kirill $77,250
Previous Owner Jn Properties Lc $9,064
Previous Owner Jn Properties Lc $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $110,000 -8.3% $64 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $119,900 0.0% $70 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $119,900 +16.4% $70 / Sq Ft
08/10/2023 08/10/23 Sold $103,000 -6.4% $60 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $110,000 -- $64 / Sq Ft
Source: Fort Dodge 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 $14 $84,470 $6,630 $77,840
2023 $1,322 $68,900 $6,630 $62,270
2022 $1,508 $54,070 $6,630 $47,440
2021 $1,220 $54,070 $6,630 $47,440
2020 $1,220 $40,860 $5,300 $35,560
2019 $1,366 $40,860 $5,300 $35,560
2018 $1,446 $40,860 $5,300 $35,560
2017 $1,446 $49,110 $0 $0
2016 $1,912 $49,110 $0 $0
2015 $1,912 $49,110 $0 $0
2014 $1,950 $37,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fort Dodge MLS

MLS Number: 23366

APN: 07-29-128-005