NOT LISTED FOR SALE

1724 S 12th St Burlington, IA 52601

Estimated Value: $81,000 - $101,000

4 Beds
2 Baths
1,763 Sq Ft
$51/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $61,500 $35 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $592/month

6 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • Carpet

About This Home

As of September 2019

Perfect income producing property. Features two apartments--2 bedroom, 1 bath downstairs - one bedroom, 1 bathroom upstairs. Backyard partially fenced. Downstairs apartment has current, long term tenant. Hair salon is downstairs- in need of major updates. Storage shed and downstairs appliances go with tenant.

Last Agent to Sell the Property

Mark Miller

Ruhl & Ruhl, REALTORS Listed on: 08/04/2019

Ruhl & Ruhl, REALTORS

Co-Listed By

Susan Lee

Ruhl & Ruhl, REALTORS

Last Buyer's Agent

Sue Champion

RE/MAX Real Estate Specialists

RE/MAX Real Estate Specialists

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,272

Year Built

  • Built in 1926

Lot Details

  • 5,120 Sq Ft Lot
  • Lot Dimensions are 40x128

Home Design

  • Wood Siding

Interior Spaces

  • 1,763 Sq Ft Home
  • Carpet

Utilities

  • Forced Air Heating System

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,200
  • Gross Income $7,200

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,272

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: 22-3 Madison Avenue Addition
  • Municipality: Burlington
  • Year Built: 1926
  • Stories: 2 Stories
  • Inspections: City Inspected
  • OFFICELIST_ADDRESS: 1724 S 12th Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2019-08-04
  • List Office I D: 561
  • M L Number Foreign: SEIA20175289
  • Sales Office I D: 698
  • Selling Agent: 2358
  • Share Listings With: Broker Reciprocity, Realtor.com, RPR Listing License
  • Street Designation: Street
  • Building Style: Apartment
  • Unit 1 Number of Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 34.88
  • Above Grade Finished Sq Ft: 1763
  • 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: Wood
  • Road Frontage: Other
  • Roof: Other

Utilities

  • Heating: Forced Air

Condo/Co-op/Association

  • Common Features: Carpets, Fenced

Fee Information

  • Annual Expense: 3312
  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Schools

  • School District: Burlington

Lot Info

  • Acres: 0.12
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 40x128
  • Lot Size Sq Ft: 5120
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Multi Family

  • Expense Insurance: 1200
  • Expense Water Sewer: 70
  • Tenant Expenses: Electricity, Fuel
  • Total Units: 2
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

Tax Info

  • Gross Taxes: 1272

MLS Schools

  • School District: 882 - Burlington
  • School District Name: Burlington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2019
Closed on
Sep 10, 2019
Sold by
Wordsworth Douglas and Wordsworth Julie
Bought by
Crowner Michael L
Seller's Agent
Mark Miller
Ruhl & Ruhl, REALTORS
Buyer's Agent
Sue Champion
RE/MAX Real Estate Specialists
List Price
$69,900
Sold Price
$61,500
Premium/Discount to List
-$8,400
-12.02%
Current Estimated Value
$90,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,833
Avg. Annual Appreciation
6.79%
Original Mortgage
$345,616
Outstanding Balance
$304,772
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
-$214,105
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Crowner Michael L $61,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crowner Michael L $345,616
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2019 09/20/19 Sold $61,500 -12.0% $35 / Sq Ft
08/10/2019 08/10/19 Pending -- -- --
08/04/2019 08/04/19 For Sale $69,900 -- $40 / Sq Ft
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 $1,192 $70,200 $6,800 $63,400
2023 $1,192 $70,200 $6,800 $63,400
2022 $1,252 $61,500 $6,800 $54,700
2021 $1,252 $61,500 $6,800 $54,700
2020 $1,114 $61,500 $6,800 $54,700
2019 $1,272 $51,300 $6,800 $44,500
2018 $1,274 $55,300 $7,800 $47,500
2017 $1,274 $55,700 $0 $0
2016 $1,268 $55,700 $0 $0
2015 $1,268 $55,700 $0 $0
2014 $1,284 $55,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: NoCoast MLS

MLS Number: NOC5428597

NoCoast MLS

APN: 16-08-263-007