NOT LISTED FOR SALE

1500 Grove St Burlington, IA 52601

Estimated Value: $75,000 - $94,205

1 Bed
1 Bath
1,080 Sq Ft
$76/Sq Ft Est. Value

Last Sold March 16, 2023

Last sale price $65,000 $60 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $548/month

4 Days on Market

About This Home

As of March 2023

Great opportunity for a 2-unit rental. These 2 units are mirror images both units are one bedroom. 1500 rents for $460. 1502 rents for $500. Tenants pay for gas and electricity. The owner pays Burlington Water Works. There is an open basement area that has hookups for 2 laundry areas and plenty of space for storage.

Last Agent to Sell the Property

Kim Crews

RE/MAX Real Estate Specialists Listed on: 02/28/2023

Last Buyer's Agent

Melissa Schwenker

Ruhl & Ruhl, REALTORS

Ruhl & Ruhl, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,280

Year Built

  • Built in 1969

Lot Details

  • 6,534

Home Design

  • Duplex

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Additional Features

  • 6,534 Sq Ft Lot
  • Forced Air Heating System

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $635
  • Maintenance Expense $700
  • Gross Income $11,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,280

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Accessible: None
  • Legal Description: 50 CARSTEEN & ISAACS E 3'4" ON GROVE ST & LOT 51
  • Municipality: Burlington
  • Year Built: 1969
  • Stories: 1 Story
  • OFFICELIST_ADDRESS: 1500 Grove Street
  • Distribute To Internet: Yes
  • List Office I D: 698
  • Sales Office I D: 561
  • Selling Agent: 2813
  • Street Designation: Street
  • Building Style: Duplex Side x Side
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Basement: Full
  • Price Per S Q F T: 60.19
  • Above Grade Finished Sq Ft: 1080
  • Fireplace: No
  • Total Finished Sq Ft: 1080

Exterior Features

  • Exterior: Other

Garage/Parking

  • Fuel: Natural Gas

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Association/Amenities

  • Complex/Development/Subdivision: CARSTEEN & ISAACS

Fee Information

  • Expense Repair: 1295
  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Lot Info

  • Acres: 0.15
  • Geo Update Timestamp: 2023-03-02
  • Total Assessed Value: 62900
  • Assessment Pending: No
  • Homestead Description: None
  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 6534
  • Lot Size Units: Acres

Multi Family

  • Expense Insurance: 635
  • Expense Maintenance: 700
  • Expenses: 4490
  • Expense Water Sewer: 1860
  • Total Units: 2

Tax Info

  • Tax Year: 2021
  • Gross Taxes: 1280

MLS Schools

  • School District: 882 - Burlington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Mar 16, 2023
Sold by
Wiegard Mary E
Bought by
Pardall Stacy A
Seller's Agent
Kim Crews
RE/MAX Real Estate Specialists
Buyer's Agent
Melissa Schwenker
Ruhl & Ruhl, REALTORS
List Price
$67,500
Sold Price
$65,000
Premium/Discount to List
-$2,500
-3.7%
Views
15
Current Estimated Value
$82,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,301
Avg. Annual Appreciation
9.46%
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
Pardall Stacy A $65,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2023 03/16/23 Sold $65,000 -3.7% $60 / Sq Ft
03/04/2023 03/04/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $67,500 -- $63 / 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
2025 $1,358 $75,500 $7,300 $68,200
2024 $1,358 $69,900 $7,300 $62,600
2023 $1,262 $69,900 $7,300 $62,600
2022 $1,280 $62,900 $7,300 $55,600
2021 $1,280 $62,900 $7,300 $55,600
2020 $1,364 $62,900 $7,300 $55,600
2019 $1,362 $62,900 $7,300 $55,600
2018 $1,364 $59,200 $8,800 $50,400
2017 $1,372 $58,200 $0 $0
2016 $1,326 $58,200 $0 $0
2015 $1,326 $58,200 $0 $0
2014 $1,342 $53,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kim Crews

    RE/MAX

    (319) 209-0897

    38 in this area

    62 Total Sales

    Kim Crews
    Section Image
  • Melissa Schwenker

    Buyer's Agent in 2023

    Melissa Schwenker

    Ruhl & Ruhl, REALTORS

    (319) 759-0874

    98 in this area

    154 Total Sales

    Melissa Schwenker
    Section Image
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Map

Source: NoCoast MLS

MLS Number: NOC6305989

NoCoast MLS

APN: 16-05-310-036

Iowa Des Moines County Burlington 52601

1500 Grove St, Burlington, IA

This home is located at 1500 Grove St, Burlington, IA 52601 since 28 February 2023 and is currently estimated at $82,301, approximately $76 per square foot. This property was built in 1969. 1500 Grove St is a home located in Des Moines County with nearby schools including Burlington Community High School, Burlington Notre Dame Catholic Elementary School, and Burlington Notre Dame Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NoCoast MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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