NOT LISTED FOR SALE

1527 3rd Ave S Fort Dodge, IA 50501

Estimated Value: $112,029

5 Beds
3 Baths
3,622 Sq Ft
$31/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $105,000 $29 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $621/month

25 Days on Market

Highlights

  • Window Unit Cooling System
  • Ceiling Fan
  • 3-minute walk to Reynolds Park
  • Forced Air Heating System

About This Home

As of December 2022

Attention investors and motivated buyers...this building has 3 apartments that are fully leased and a retail space for storage or a new project for you! Updated plumbing, electrical, roof and furnaces as of 2016-2017! Perfect opportunity for an investor! Call the listing agent; Madie Eastwood for a viewing! 515-571-8998.

Last Agent to Sell the Property

Madeline Eastwood

Eastwood Realty LLC Brokerage Phone: 5159554663 License #S70562000 Listed on: 10/11/2022

Last Buyer's Agent

Madeline Eastwood

Eastwood Realty LLC Brokerage Phone: 5159554663 License #S70562000 Listed on: 10/11/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,222

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50.00 x 70.00

Home Design

  • Block Foundation
  • Asphalt Roof
  • Rubber Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 5 Bedrooms
  • 3,622 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 5 Parking Spaces
  • No Garage
  • Parking Lot
  • Off-Street Parking

Additional Homes

  • Separate Apartment

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Community Sewer or Septic

Listing and Financial Details

  • Total Actual Rent $2,050

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $3,300
  • Water Sewer Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,222

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Co List Office Mls Id: 36
  • Carport Y N: No
  • Garage Yn: No
  • Reso Interior Features: Sump Pump, Ceiling Fan(s)
  • Unit Levels: Two
  • LivingArea: 3622
  • Reso Other Structures: Apartment
  • Reso Roof: Asphalt, Rubber
  • Master Plan Zoning: Commercial
  • Financial Info Electric: Circuit Breakers
  • Attribution Contact: 5159554663
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Unit 1: Refrigerator,Stove - E, Unit 2: Refrigerator,Stove - E, Unit 3: Refrigerator,Stove - E, Unit 4: None, Water Heater: Gas,Other
  • Basement: Full
  • Total Bedrooms: 5
  • Total Bedrooms: 14

Exterior Features

  • Acres: 0.08
  • Construction Type: Vinyl Siding, Stucco
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Parking Lot
  • Total Parking Spaces: 5

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: City Water

Fee Information

  • Annual Fuel Expense: 3300
  • Trash Expense: 540
  • Annual Water Sewer Expense: 1500

Schools

  • Junior High Dist: Other

Lot Info

  • Lot Dimensions: 50.00 x 70.00
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Square Feet
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 2050

Tax Info

  • Tax Annual Amount: 2222

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Nov 29, 2022
Sold by
Affordable Rentals Llc
Bought by
Hanus Real Estate Llc
Seller's Agent
Madeline Eastwood
Eastwood Realty LLC
Buyer's Agent
Madeline Eastwood
Eastwood Realty LLC
List Price
$139,000
Sold Price
$105,000
Premium/Discount to List
-$34,000
-24.46%
Current Estimated Value
$112,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,029
Avg. Annual Appreciation
1.82%
Original Mortgage
$105,000
Outstanding Balance
$94,813
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$15,387

Purchase Details

Closed on
May 10, 2016
Sold by
Royal Properties Llc
Bought by
Affordable Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,600
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
May 29, 2015
Sold by
Royal Properties Llc
Bought by
Affordable Rentals Llc
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
Hanus Real Estate Llc $105,000 --
Affordable Rentals Llc -- None Available
Affordable Rentals Llc $22,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanus Real Estate Llc $105,000
Closed Hanus Real Estate Llc $105,000
Previous Owner Affordable Rentals Llc $75,000
Previous Owner Affordable Rentals Llc $29,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Sold $105,000 -24.5% $29 / Sq Ft
11/06/2022 11/06/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $139,000 -- $38 / 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 $22 $107,510 $7,590 $99,920
2023 $1,890 $99,180 $7,000 $92,180
2022 $1,960 $77,240 $7,000 $70,240
2021 $1,668 $77,240 $7,000 $70,240
2020 $1,668 $62,050 $8,750 $53,300
2019 $1,508 $62,050 $8,750 $53,300
2018 $1,534 $53,270 $9,590 $43,680
2017 $1,534 $53,270 $0 $0
2016 $2,130 $53,270 $0 $0
2015 $2,130 $48,600 $0 $0
2014 $1,930 $48,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fort Dodge MLS

MLS Number: 22509

APN: 07-20-455-006