NOT LISTED FOR SALE

1527 Central Ave Dubuque, IA 52001

Estimated Value: $209,887

Studio
-- Bath
11,226 Sq Ft
$19/Sq Ft Est. Value

Last Sold November 12, 2019

Last sale price $140,000 $12 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,245/month

29 Days on Market

About This Home

As of November 2019

Three story Comercial/Multi-family brick building in high traffic area. 2 store fronts and 8 apartments. Currently fully rented. 6 -1 bedroom apartments rent for $600 each and 2 efficiencies rent at $400 mo. Total yearly gross income $66,600. Utilities are separated but currently paid by landlord.

Last Agent to Sell the Property

Tom Kelzer

River Run Realty LLC Listed on: 09/03/2019

Last Buyer's Agent

Tom Kelzer

River Run Realty LLC Listed on: 09/03/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1887

Lot Details

  • 5,140

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Rubber Roof

Interior Spaces

  • Partial Basement
  • Fire and Smoke Detector
  • Range

Utilities

  • Forced Air Heating System
  • Gas Available

Listing and Financial Details

  • The owner pays for gas, water, electric
  • Month-to-Month Lease Term
  • Assessor Parcel Number 1024403015

Community Details

Overview

  • 8 Units

Building Details

  • Insurance Expense $3
  • Utility Expense $15
  • Real Estate Tax Expense $1
  • Net Operating Income $27

Property Details

Home Type

Multi-Family

Year Built

Built in 1887

Lot Details

5,140 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Type: 5 Or More Units
  • Year Built: 1887
  • Lvt Date: 09/03/2019
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Estimated Total Above Ground Sq Ft: 8079
  • Estimated Finished Sq Ft: 11226
  • Estimated Sq Ft: 11226
  • Estimated Lower Sq Ft: 3147
  • Estimated Main Sq Ft: 4932
  • Estimated Upper Sq Ft: 3147
  • Basement: Partial

Exterior Features

  • Foundation: Rock
  • Roof: Rubber
  • Siding: Brick

Garage/Parking

  • Parking: Off Street

Utilities

  • Fuel Type: Gas
  • Heat Type: Forced Air

Condo/Co-op/Association

  • Amenities: Smoke Detectors

Lot Info

  • Lot Size: 5120 SF
  • Parcel Id Number: 1024403015
  • Zoning: Commercial Multi Resident

Rental Info

  • Owner Pays: Gas, Water, Electric

Multi Family

  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2018
Sold by
P And H Investments Lc
Bought by
Dbq Investments Llc
Current Estimated Value
$209,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,504
Interest Rate
3%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Aug 8, 2017
Sold by
P & H Investments Lc
Bought by
Pettie Danny and Pettie Libbie

Purchase Details

Closed on
Oct 31, 2014
Sold by
Yankee 3 Llc
Bought by
P & H Investments Llc

Purchase Details

Closed on
Oct 1, 2008
Sold by
P & H Investments Lc
Bought by
Yankee 3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,821
Interest Rate
6.52%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Dbq Investments Llc $80,504 None Available
Pettie Danny $90,000 None Available
P & H Investments Llc -- None Available
Yankee 3 Llc $454,821 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dbq Investments Llc $80,504
Previous Owner Yankee 3 Llc $429,821
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2019 11/12/19 Sold $140,000 -12.4% $12 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
09/03/2019 09/03/19 For Sale $159,900 -- $14 / Sq Ft
Source: East Central Iowa Association of REALTORS®

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 $2,004 $161,000 $41,500 $119,500
2024 $2,004 $139,300 $36,900 $102,400
2023 $1,946 $139,300 $36,900 $102,400
2022 $2,180 $123,180 $36,860 $86,320
2021 $2,180 $122,080 $36,860 $85,220
2020 $2,654 $131,830 $36,860 $94,970
2019 $1,936 $131,830 $36,860 $94,970
2018 $4,593 $117,122 $32,748 $84,374
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Central Iowa Association of REALTORS®

MLS Number: ECR138583

East Central Iowa Association of REALTORS®

APN: 10-24-403-015

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