NOT LISTED FOR SALE

1603 2nd Ave S Denison, IA 51442

Estimated Value: $108,000 - $118,303

3 Beds
2 Baths
-- Sq Ft
10,500 Sq Ft Lot

Last Sold August 01, 2017

Last sale price $61,000

Est. 86% increase in value since last sale

Current estimated payment $741/month

243 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 2-minute walk to Washington Park
  • Hot Water Heating System

About This Home

As of August 2017

Excellent investment property! This property is a duplex with a long term renter on main floor. This well kept property has lots of updates such as, Newer roof, newer furnace, new water main in 2001, New sewer line through house into yard, some replacement windows, recently remodeled kitchen and bath, new overhead garage door and more! call for more details or a personal tour!

Last Agent to Sell the Property

Roger Preul

McCord Insurance & Real Estate License #*** Listed on: 12/01/2016

Last Buyer's Agent

Roger Preul

McCord Insurance & Real Estate License #*** Listed on: 12/01/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,438

Year Built

  • Built in 1898

Lot Details

  • 10,500 Sq Ft Lot
  • Lot Dimensions are 70x150

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1.5-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Hot Water Heating System

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,200
  • Gross Income $9,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,438

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: BLK 116 N 10' LOT 11 & LOT 12
  • Municipality: Denison
  • Year Built: 1898
  • Stories: 1.5 Stories
  • Inspections: City Inspected
  • OFFICELIST_ADDRESS: 1603 2nd Avenue S
  • Co Selling Office I D: 189
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2016-12-01
  • List Office I D: 222
  • M L Number Foreign: WCIR20152415
  • Sales Office I D: 222
  • Selling Agent: 858
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Avenue
  • Building Style: Duplex Other
  • Unit 1 Annual Rent: 4920
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Month Rent: 410
  • Unit 1 Number of Units: 1
  • Unit 1 Sq Ft: 1096
  • Unit 2 Annual Rent: 4500
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Total Bathrooms: 1
  • Unit 2 Bedrooms: 1
  • Unit 2 Month Rent: 375
  • Unit 2 Number of Units: 1
  • Unit 2 Sq Ft: 640
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Room Types: Unit1 Bedroom 1, Unit1 Bedroom 2, Unit1 Bedroom 3, Unit1 Bedroom 4, Unit1 Dining Room, Unit1 Extra Room 1, Unit1 Extra Room 2, Unit1 Extra Room 3, Unit1 Extra Room 4, Unit1 Extra Room 5, Unit1 Extra Room 6, Unit1 Family Room, Unit1 Kitchen, Unit1 Living Room, Unit2 Bedroom 1, Unit2 Bedroom 2, Unit2 Bedroom 3, Unit2 Bedroom 4, Unit2 Dining Room, Unit2 Extra Room 1, Unit2 Extra Room 2, Unit2 Extra Room 3, Unit2 Extra Room 4, Unit2 Extra Room 5, Unit2 Extra Room 6, Unit2 Family Room, Unit2 Kitchen, Unit2 Living Room, Unit3 Bedroom 1, Unit3 Bedroom 2, Unit3 Bedroom 3, Unit3 Bedroom 4, Unit3 Dining Room, Unit3 Extra Room 1, Unit3 Extra Room 2, Unit3 Extra Room 3, Unit3 Extra Room 4, Unit3 Extra Room 5, Unit3 Extra Room 6, Unit3 Family Room, Unit3 Kitchen, Unit3 Living Room, Unit4 Bedroom 1, Unit4 Bedroom 2, Unit4 Bedroom 3, Unit4 Bedroom 4, Unit4 Dining Room, Unit4 Extra Room 1, Unit4 Extra Room 2, Unit4 Extra Room 3, Unit4 Extra Room 4, Unit4 Extra Room 5, Unit4 Extra Room 6, Unit4 Family Room, Unit4 Kitchen, Unit4 Living Room

Exterior Features

  • Exterior: Other
  • Road Frontage: Sidewalks, Other

Utilities

  • Garage Stalls: 1
  • Heating: Forced Air, Hot Water

Condo/Co-op/Association

  • Common Features: Carpets, Drapes/Curtains, W/D Hookups

Fee Information

  • Annual Expense: 1200
  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Schools

  • School District: Denison

Lot Info

  • Acres: 0.24
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 70x150
  • Lot Size Sq Ft: 10500
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Multi Family

  • Expense Insurance: 1200
  • Tenant Expenses: Electricity, Fuel, Trash Collection, Water
  • Total Units: 2
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

MLS Schools

  • School District: 1701 - Denison
  • School District Name: Denison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2016
Closed on
Aug 1, 2017
Sold by
Haase Partners Llc
Bought by
Reis Kevin
Seller's Agent
Roger Preul
McCord Insurance & Real Estate
Buyer's Agent
Roger Preul
McCord Insurance & Real Estate
List Price
$69,900
Sold Price
$61,000
Premium/Discount to List
-$8,900
-12.73%
Current Estimated Value
$113,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,434
Avg. Annual Appreciation
6.61%
Original Mortgage
$40,000
Outstanding Balance
$33,772
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$68,244
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
Reis Kevin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reis Kevin $40,000
Closed Reis Kevin $40,000
Closed Reis Kevin --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2017 08/01/17 Sold $61,000 -12.7% --
08/01/2017 08/01/17 Pending -- -- --
12/01/2016 12/01/16 For Sale $69,900 -- --
Source: NoCoast 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 $1,438 $79,700 $14,280 $65,420
2023 $1,402 $79,700 $14,280 $65,420
2022 $1,252 $65,010 $10,000 $55,010
2021 $1,250 $58,500 $10,000 $48,500
2020 $1,236 $54,590 $10,000 $44,590
2019 $1,224 $51,970 $10,000 $41,970
2018 $1,198 $51,970 $10,000 $41,970
2017 $1,210 $51,970 $10,000 $41,970
2016 $1,172 $51,160 $0 $0
2015 $1,172 $51,760 $0 $0
2014 $1,170 $51,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5428258

NoCoast MLS

APN: 1311411001