NOT LISTED FOR SALE

1622 W 3rd St Unit & 214 West St Sioux City, IA 51103

West Side Sioux City Neighborhood

Estimated Value: $105,000 - $159,562

-- Bed
1 Bath
3,616 Sq Ft
$35/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $160,000 $44 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $806/month

211 Days on Market

About This Home

As of June 2023

This listing includes 1622-24 W 3rd St and 214 West St. 4 total units. Well maintained investment opportunity. The seller has renovated the exterior with new exterior paint and windows. The interior of the units vary, but many are updated with new paint, flooring, and fixtures.

Last Agent to Sell the Property

Nic Madsen

Gateway Real Estate Advisors Listed on: 10/06/2022

Last Buyer's Agent

Nic Madsen

Gateway Real Estate Advisors Listed on: 10/06/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,236

Year Built

  • Built in 1940

Lot Details

  • 0.41 Acre Lot

Parking

  • 4 Car Garage

Home Design

  • 3,616 Sq Ft Home

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 894729159001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,236

Year Built

Built in 1940

Lot Details

0

Parking

4

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Legal Description: Parcels 894729159001; 894729159010
  • Year Built: 1940
  • Audio Surveillance: No
  • Current Leases Available: Yes
  • Video Surveillance: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3616
  • Main Level Sq Ft: 1808
  • Sq Ft 2nd Level: 1808
  • Price Per Sq Ft: 44.25

Garage/Parking

  • Garage Spaces: 4

Lot Info

  • Acres: 0.41
  • Parcel Number: 894729159001
  • Zoning: NC.4

Rental Info

  • Paid By Electric: Tenant
  • Paid By Gas: Tenant
  • Paid By Water: Owner

Multi Family

  • Rental Income: 2800
  • Electric Separate By Unit: Yes
  • Heat Separate By Unit: Yes
  • Number Of Units: 4

Tax Info

  • Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Jun 2, 2023
Sold by
Rich Dad Properties Llc
Bought by
Pinnacle Ventures Llc
Seller's Agent
Nic Madsen
Gateway Real Estate Advisors
Buyer's Agent
Nic Madsen
Gateway Real Estate Advisors
List Price
$210,000
Sold Price
$160,000
Premium/Discount to List
-$50,000
-23.81%
Total Days on Market
211
Views
747
Current Estimated Value
$125,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,859
Avg. Annual Appreciation
-11.51%
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
Pinnacle Ventures Llc $160,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rich Dad Properties Llc $80,000
Previous Owner Sun Kent C $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $160,000 -23.8% $44 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $210,000 0.0% $58 / Sq Ft
04/04/2023 04/04/23 Price Changed $210,000 +31.3% $58 / Sq Ft
04/01/2023 04/01/23 Off Market $160,000 -- --
10/06/2022 10/06/22 For Sale $250,000 -- $69 / Sq Ft
Source: Northwest Iowa Regional Board 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 $1,236 $71,200 $5,000 $66,200
2023 $662 $71,200 $5,000 $66,200
2022 $506 $33,000 $4,500 $28,500
2021 $506 $25,700 $4,500 $21,200
2020 $698 $34,300 $2,500 $31,800
2019 $776 $34,400 $0 $0
2018 $768 $34,400 $0 $0
2017 $768 $30,900 $0 $0
2016 $692 $30,900 $0 $0
2015 $674 $30,900 $1,800 $29,100
2014 $674 $29,600 $3,000 $26,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 819003

Northwest Iowa Regional Board of REALTORS®

APN: 894729159002