$110,000
SOLD JUL 14, 2025

1518 3rd Ave N Fort Dodge, IA 50501

3 Beds
2 Baths
2,075 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$53 Per Sq Ft

8% Below List Price

4 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Ceiling Fan
  • Fenced Yard
  • Forced Air Heating and Cooling System

About This Home

As of July 2025

Turnkey income property near Reynolds Park & Duncombe Elementary School. This well-maintained 2-story duplex is the perfect opportunity for investors or owner-occupants. An enclosed front porch welcomes you to the main floor, 1+ bedroom apartment with gorgeous hardwood floors, rich oak colonnades, beautiful trim & a large kitchen equipped with all appliances. Upstairs, a 2 BR apartment with spacious bedrooms & a functional layout. Both units benefit from newer mechanicals & separate utilities. A well manicured exterior offers permanent siding, updated windows, a fenced yard, oversized 2 stall ‘heated' garage, and 3 additional off-street parking spaces. This property checks all the boxes for an income-producing asset that is truly move-in ready. $119,500 - Call Kati Lemberg (515) 571-3530.

Last Agent to Sell the Property

Kati Lemberg

Coldwell Banker Associated Realtors Brokerage Phone: 5159557000 License #B45212000 Listed on: 05/27/2025

Coldwell Banker Associated Realtors

Last Buyer's Agent

Jason Fitzgerald

Coldwell Banker Associated Realtors License #S72937000

Coldwell Banker Associated Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,225

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 141
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3 Bedrooms
  • 2,075 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,225

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Co List Office Mls Id: 8
  • Carport Y N: No
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Reso Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • LivingArea: 2075
  • Reso Roof: Asphalt
  • Financial Info Electric: Circuit Breakers
  • Attribution Contact: 5159557000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Unit 1: Dishwasher,Dryer,Refrigerator,Stove - G,Washer, Unit 2: Refrigerator,Stove - G, Unit 3: None, Unit 4: None, Water Heater: Gas
  • Basement: Full
  • Total Bedrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Fencing: Fenced Yard
  • Acres: 0.16
  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Car, Detached, Garage Door Opener, 2 Spaces, Garage
  • Total Parking Spaces: 5

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: City Water

Schools

  • Junior High Dist: Duncombe

Lot Info

  • Lot Dimensions: 50 x 141
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Square Feet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2225.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2025
Closed on
Jul 10, 2025
Sold by
Palmer Linda J
Bought by
Vitera Andrew
Seller's Agent
Kati Lemberg
Coldwell Banker Associated Realtors
Buyer's Agent
Jason Fitzgerald
Coldwell Banker Associated Realtors
List Price
$119,500
Sold Price
$110,000
Premium/Discount to List
-$9,500
-7.95%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
467.26%
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 Type Sale Price Title Company
Fiduciary Deed $110,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $120,000 New Conventional
Previous Owner $30,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Sold $110,000 -7.9% $53 / Sq Ft
06/01/2025 06/01/25 Pending -- -- --
05/27/2025 05/27/25 For Sale $119,500 -- $58 / 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 $17 $116,600 $12,500 $104,100
2023 $2,194 $116,600 $12,500 $104,100
2022 $1,962 $107,400 $12,500 $94,900
2021 $1,968 $107,400 $12,500 $94,900
2020 $1,968 $102,260 $12,500 $89,760
2019 $2,260 $123,280 $12,100 $111,180
2018 $2,220 $112,070 $11,000 $101,070
2017 $2,220 $90,540 $0 $0
2016 $1,838 $90,540 $0 $0
2015 $1,838 $90,540 $0 $0
2014 $1,644 $90,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fort Dodge MLS

MLS Number: 26230

APN: 07-20-257-016