NOT LISTED FOR SALE

1526 4th Ave S Fort Dodge, IA 50501

Estimated Value: $61,000 - $66,000

3 Beds
2 Baths
1,973 Sq Ft
$33/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $45,000 $23 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $349/month

93 Days on Market

Highlights

  • Wood Flooring
  • Wood Siding
  • 4-minute walk to Reynolds Park
  • Forced Air Heating and Cooling System

About This Home

As of February 2020

Great investment opportunity on a centrally located duplex! New furnaces approx. Jan 2017, A/C units approx. 8 years ago. Owner owns all appliances besides washer/dryer, which is owned by the bottom tenant. Long term tenants (5 years and 3 years) and they both want to stay. Large rooms and living areas. Nice off street parking, dry basement. Owner pays gas/electric for upstairs tenant, average $140 per month. Separate meters for gas and electric, one water meter. Give Kyle Olson a call at 515-570-1100 for more information!

Last Agent to Sell the Property

Kyle Olson

Exit Realty Frontier Brokerage Phone: 5155701100 License #B61662000 Listed on: 11/02/2019

Exit Realty Frontier

Property Details

Home Type

  • Multi-Family

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50 x 85

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3 Bedrooms
  • 1,973 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway
  • On-Street Parking
  • Open Parking
  • Parking Lot
  • Off-Street Parking

Utilities

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

Community Details

  • 2 Units
  • Fuel Expense $1,680

Listing and Financial Details

  • Total Actual Rent $850

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Reso Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Co List Office Mls Id: 39
  • Carport Y N: No
  • Reso Flooring: Hardwood
  • Garage Yn: No
  • LivingArea: 1973
  • Reso Roof: Asphalt
  • Master Plan Zoning: Residential
  • Financial Info Electric: Both Breaker/Fuse
  • Attribution Contact: 5155701100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Acres: 0.1
  • Construction Type: Wood Siding
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, Paved Driveway, 2 Spaces, Parking Lot, On Street
  • Total Parking Spaces: 2

Utilities

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

Fee Information

  • Annual Fuel Expense: 1680

Schools

  • Junior High Dist: Fort Dodge

Lot Info

  • Lot Dimensions: 50 x 85
  • Lot Size Sq Ft: 4356
  • ResoLotSizeUnits: Square Feet
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 850

Tax Info

  • Tax Annual Amount: 1294.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2022
Sold by
Empire Investing Llc
Bought by
1526 Fourth Ave S Llc
Current Estimated Value
$63,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Outstanding Balance
$29,218
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$33,666

Purchase Details

Closed on
Aug 26, 2022
Sold by
Empire Investing Llc
Bought by
Moore Kyle D and Moore Jessica Christine

Purchase Details

Closed on
Mar 7, 2013
Sold by
Madsen David A
Bought by
Co J N Properties Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2007
Sold by
D And S Rentals
Bought by
J N Properties Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2007
Sold by
Codavid A D And S Rentals and Id Madsen
Bought by
Cojarod J N Properties Lc and Id Nemitz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.45%
Mortgage Type
Purchase Money 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
1526 Fourth Ave S Llc $60,000 --
Moore Kyle D $122,500 None Listed On Document
Co J N Properties Lc -- None Available
J N Properties Lc -- None Available
Cojarod J N Properties Lc $49,375 None Available
J N Properties Lc $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1526 Fourth Ave S Llc $30,000
Previous Owner Empire Investing Llc $60,000
Previous Owner Co J N Properties Lc $51,500
Previous Owner J N Properties Lc $40,000
Previous Owner J N Properties Lc $40,000
Previous Owner Cojarod J N Properties Lc $51,500
Previous Owner Beneke Thomas J $70,374
Previous Owner Beneke Thomas J $57,766
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $45,000 -7.2% $23 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
11/02/2019 11/02/19 For Sale $48,500 -- $25 / 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 $7 $41,860 $5,000 $36,860
2023 $658 $34,480 $5,000 $29,480
2022 $638 $26,940 $5,000 $21,940
2021 $754 $26,940 $5,000 $21,940
2020 $754 $30,240 $5,000 $25,240
2019 $1,294 $47,450 $9,680 $37,770
2018 $1,276 $51,060 $8,800 $42,260
2017 $1,276 $45,360 $0 $0
2016 $1,138 $45,360 $0 $0
2015 $1,138 $45,360 $0 $0
2014 $1,116 $45,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fort Dodge MLS

MLS Number: 19444

APN: 07-20-455-016