NOT LISTED FOR SALE

1513 Avenue F Fort Madison, IA 52627

Estimated Value: $66,183 - $77,000

3 Beds
3 Baths
-- Sq Ft
0.25 Acres

Last Sold June 17, 2022

Last sale price $60,000

Est. 20% increase in value since last sale

Current estimated payment $512/month

44 Days on Market

About This Home

As of June 2022

Great Investment Opportunity! Triplex in the heart of town- 2 Upstairs units are both 1 bedroom, 1 bath. Main floor unit is 2 bedroom, 1 bath. Full useable basement with laundry. Large barn in the rear for additional parking. Electric, water and gas are all individually metered for each unit!!

Last Agent to Sell the Property

Carrie Fraise

Fraise Auction & Real Estate License #*** Listed on: 04/04/2022

Last Buyer's Agent

Carrie Fraise

Fraise Auction & Real Estate License #*** Listed on: 04/04/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,474

Year Built

  • Built in 1900

Lot Details

  • 0.25

Parking

  • 1

Home Design

  • Metal Roof

Additional Features

  • Radiant Floor
  • Partial Basement
  • Lot Dimensions are 75x145
  • Forced Air Heating System

Community Details

  • Gross Income $4,800

Listing and Financial Details

  • Tenant pays for cable t.v., electricity, fuel

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,474

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Triplex
  • Year Built: 1900
  • Stories: 2
  • Property Type: Residential Income
  • Road Frontage Type: City Street
  • Co List Office Mls Id: NOC28616
  • Special Features: None

Interior Features

  • Basement: Partial, Concrete, Stone/Rock
  • Owner Pays: Insurance, Repairs, Taxes
  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Roof: Metal
  • Construction Type: Shakes, Wood Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached Garage

Utilities

  • Heating: Forced Air, Radiant
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: SEIA

Schools

  • Junior High Dist: Fort Madison

Lot Info

  • Lot Dimensions: 75x145
  • Lot Size Units: Acres
  • Development Status: 0
  • Lot Size Sq Ft: 10890

Rental Info

  • Tenant Pays: Cable T.V., Electricity, Fuel

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1192

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
Jun 23, 2022
Sold by
Boyd Patricia L
Bought by
Greysteele Properties Llc
Seller's Agent
Carrie Fraise
Fraise Auction & Real Estate
Buyer's Agent
Carrie Fraise
Fraise Auction & Real Estate
List Price
$74,000
Sold Price
$60,000
Premium/Discount to List
-$14,000
-18.92%
Current Estimated Value
$72,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,046
Avg. Annual Appreciation
5.83%
Original Mortgage
$63,000
Outstanding Balance
$60,129
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$11,917
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
Greysteele Properties Llc $60,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greysteele Properties Llc $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $60,000 -10.4% --
05/18/2022 05/18/22 Pending -- -- --
04/28/2022 04/28/22 Price Changed $67,000 -9.5% --
04/04/2022 04/04/22 For Sale $74,000 -- --
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 $1,474 $73,290 $12,120 $61,170
2023 $1,330 $73,290 $12,120 $61,170
2022 $1,102 $57,840 $12,120 $45,720
2021 $1,102 $57,840 $12,120 $45,720
2020 $1,306 $57,840 $12,120 $45,720
2019 $1,386 $57,840 $12,120 $45,720
2018 $1,815 $57,840 $0 $0
2017 $1,550 $57,840 $0 $0
2016 $1,692 $57,840 $0 $0
2015 $1,692 $57,840 $0 $0
2014 $1,914 $59,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6173759

NoCoast MLS

APN: 02-47-15-04-254-0060