NOT LISTED FOR SALE

1616 Lincoln Ave Dubuque, IA 52001

Estimated Value: $171,000 - $267,000

4 Beds
3 Baths
3,006 Sq Ft
$77/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $228,000 $76 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,500/month

2 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Fenced
  • Parking Storage or Cabinetry
  • Laundry Facilities

About This Home

As of June 2023

Endless opportunities in this duplex that offers 3 beds 2.5 baths 2 car garage and a full finished basement on one side with the other side offering a 3 room apartment with kitchen, bathroom, bedroom area, living area, front porch with small front yard space, and on street parking. Plenty of beautiful updates in this well maintained turn key income property. Side entry to full basement with living area, bathroom, kitchen area, and laundry has potential with the right modifications to be another unit for more income. The opportunities are endless here so come take a look today before its gone!

Last Agent to Sell the Property

Brianna Bresnahan

Remax Advantage Listed on: 04/20/2023

Remax Advantage

Last Buyer's Agent

Vania Riedl

Remax Advantage

Remax Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,444

Year Built

  • Built in 1929

Lot Details

  • Lot Dimensions are 50x100
  • Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Garage Drain
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Gas Available

Listing and Financial Details

  • Tenant pays for gas, water, electric, trash
  • Assessor Parcel Number 1118153003

Community Details

Building Details

  • Insurance Expense $1,033
  • Real Estate Tax Expense $2,578
  • Net Operating Income $16,489

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,444

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style2: 1.5 Story
  • Type: Duplex
  • Year Built: 1929
  • Lvt Date: 04/20/2023
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Dishwasher, Microwave
  • Estimated Total Above Ground Sq Ft: 1856
  • Estimated Finished Sq Ft: 3006
  • Estimated Sq Ft: 3006
  • Estimated Lower Sq Ft: 1150
  • Estimated Main Sq Ft: 1237
  • Estimated Upper Sq Ft: 619
  • Basement: Full

Exterior Features

  • Foundation: Pour
  • Roof: Asp/Composite Shingle
  • Siding: Vinyl

Garage/Parking

  • Garage Capacity: 2
  • Garage Feature: Cabinets, Electricity, Floor Drain
  • Garage Type: Detached – 2
  • Parking: Off Street
  • Garage Type: Detached

Utilities

  • Cooling: Central Air, Window Unit
  • Fuel Type: Gas
  • Heat Type: Forced Air

Condo/Co-op/Association

  • Amenities: Laundry Facilities, Fence

Schools

  • Elementary School: Marshall
  • Middle School: Jefferson Jr High
  • High School: S. Hempstead

Lot Info

  • Lot Size: 50x100
  • Parcel Id Number: 1118153003
  • Zoning: Residential

Rental Info

  • Tenant Pays: Gas, Water, Electric, Trash

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
May 31, 2023
Sold by
Mess Shelly M
Bought by
Blankenship Christopher J and Blankenship Bethany
Seller's Agent
Brianna Bresnahan
Remax Advantage
Buyer's Agent
Vania Riedl
Remax Advantage
List Price
$228,500
Sold Price
$228,000
Premium/Discount to List
-$500
-0.22%
Views
42
Current Estimated Value
$237,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,867
Avg. Annual Appreciation
5.02%
Original Mortgage
$193,800
Outstanding Balance
$189,634
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$64,567
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
Blankenship Christopher J $228,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blankenship Christopher J $193,800
Previous Owner Mess Shelley M $102,000
Previous Owner Mess Shelley M $50,000
Previous Owner Mess Shelley M $62,000
Previous Owner Mess Shelley M $50,000
Previous Owner Mess Shelley M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $228,000 -0.2% $76 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $228,500 -- $76 / 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
2024 $2,444 $210,500 $21,300 $189,200
2023 $2,444 $194,200 $21,300 $172,900
2022 $2,430 $155,940 $15,000 $140,940
2021 $2,430 $155,940 $15,000 $140,940
2020 $2,390 $143,220 $15,000 $128,220
2019 $2,396 $143,220 $15,000 $128,220
2018 $2,250 $137,340 $14,000 $123,340
2017 $2,166 $131,640 $14,000 $117,640
2016 $2,118 $120,660 $14,000 $106,660
2015 $2,118 $120,660 $14,000 $106,660
2014 $2,060 $120,660 $14,000 $106,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Central Iowa Association of REALTORS®

MLS Number: 146968

East Central Iowa Association of REALTORS®

APN: 11-18-153-003