NOT LISTED FOR SALE

1590 Locust St Dubuque, IA 52001

Estimated Value: $178,000 - $223,000

4 Beds
4 Baths
3,096 Sq Ft
$64/Sq Ft Est. Value

Last Sold May 15, 2018

Last sale price $18,000 $6 Per Sq Ft

Est. 994% increase in value since last sale

Current estimated payment $1,132/month

About This Home

As of May 2018

A great investment opportunity which features 3 units. Offers one main floor efficiency, and a main floor 1 bedroom unit. The 2 main floor units offer newer drywall, flooring and cabinets. The upper level is down to the studs with the potential of a 3+ bedroom unit. There are also 3 off street paved parking spaces in the rear. Estimated rent for efficiency apt. is $450 and 1 bedroom at $550.

Last Agent to Sell the Property

Brenda Charlson

Remax Advantage License #IL, WI Listed on: 04/24/2018

Remax Advantage

Last Buyer's Agent

Vicki Bechen

Brissey Realty LLC License #IL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,040

Year Built

  • Built in 1881

Lot Details

  • 3,267

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Stone Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Gas Available

Community Details

  • 3 Units
  • Real Estate Tax Expense $1,242

Listing and Financial Details

  • Tenant pays for gas, electric
  • The owner pays for water, trash
  • Assessor Parcel Number 1024336002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,040

Year Built

Built in 1881

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: 2 Story
  • Style2: 2 Story
  • Type: Triplex
  • Year Built: 1881
  • Lvt Date: 04/25/2018
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Estimated Total Above Ground Sq Ft: 3096
  • Estimated Finished Sq Ft: 3096
  • Estimated Sq Ft: 3096
  • Estimated Main Sq Ft: 1284
  • Estimated Upper Sq Ft: 1812
  • Basement: Full

Exterior Features

  • Foundation: Rock
  • Roof: Asp/Composite Shingle
  • Siding: Brick

Garage/Parking

  • Parking: Off Street

Utilities

  • Fuel Type: Gas
  • Heat Type: Forced Air

Schools

  • Elementary School: Prescott
  • Middle School: Washington Jr High
  • High School: Dubuque Senior

Lot Info

  • Lot Size: .08
  • Parcel Id Number: 1024336002
  • Zoning: R2

Rental Info

  • Owner Pays: Water, Trash
  • Tenant Pays: Gas, Electric

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2018
Closed on
May 11, 2018
Sold by
Dubuque Bank & Trust
Bought by
Mid-America Property Management Llc
Seller's Agent
Brenda Charlson
Remax Advantage
Buyer's Agent
Vicki Bechen
Brissey Realty LLC
List Price
$35,000
Sold Price
$18,000
Premium/Discount to List
-$17,000
-48.57%
Current Estimated Value
$197,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,000
Avg. Annual Appreciation
38.12%

Purchase Details

Closed on
Nov 4, 2013
Sold by
Telpy Daniel F
Bought by
Dubuque Historical Properties & Leasing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.24%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 14, 2011
Sold by
Dubuqueland Properties Llc
Bought by
Teply Daniel F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 11, 2011
Sold by
Dubuqueland Properties Llc
Bought by
Teply Daniel F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 2011
Sold by
Helicon Resources Llc
Bought by
Dubuqueland Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 2010
Sold by
Dubuqueland Properties L L C
Bought by
Helicon Resources Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.17%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 22, 2006
Sold by
Dubuqueland Properrties Llc
Bought by
C N I Properties Llc

Purchase Details

Closed on
May 10, 2006
Sold by
Lapke Thomas B
Bought by
Lapke Bonnie J
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
Mid-America Property Management Llc -- None Available
Dubuque Historical Properties & Leasing -- None Available
Teply Daniel F $16,000 None Available
Teply Daniel F $16,000 None Available
Dubuqueland Properties Llc -- None Available
Helicon Resources Llc $85,001 None Available
C N I Properties Llc $80,000 None Available
Dubuqueland Properties Llc $46,000 None Available
Lapke Bonnie J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dubuque Historical Properties & Leasing $50,000
Previous Owner Teply Daniel F $50,000
Previous Owner Teply Daniel F $13,000
Previous Owner Helicon Resources Llc $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2018 05/15/18 Sold $18,000 -48.6% $6 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $35,000 -- $11 / Sq Ft
Source: East Central Iowa Association of REALTORS®

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
2025 $1,040 $73,300 $19,600 $53,700
2024 $1,040 $66,500 $11,700 $54,800
2023 $928 $66,500 $11,700 $54,800
2022 $1,046 $53,700 $11,740 $41,960
2021 $1,046 $53,700 $11,740 $41,960
2020 $1,236 $53,700 $11,740 $41,960
2019 $1,096 $53,700 $11,740 $41,960
2018 $1,160 $44,750 $9,780 $34,970
2017 $1,242 $44,750 $9,780 $34,970
2016 $1,302 $44,390 $9,780 $34,610
2015 $1,302 $44,390 $9,780 $34,610
2014 $1,320 $44,390 $9,780 $34,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Central Iowa Association of REALTORS®

MLS Number: 135012

East Central Iowa Association of REALTORS®

APN: 10-24-336-002