NOT LISTED FOR SALE

1725 Muscatine Ave Unit A & B Iowa City, IA 52240

Creekside Neighborhood

Estimated Value: $210,000 - $238,000

4 Beds
2 Baths
1,560 Sq Ft
$146/Sq Ft Est. Value

Last Sold April 23, 2024

Last sale price $218,000 $140 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,506/month

19 Days on Market

Highlights

  • Living Room
  • Property is near a bus stop
  • 4-minute walk to James Alan McPherson Park
  • City High School Rated A-
  • Central Air

About This Home

As of April 2024

Three Duplexes for Sale in Iowa City. Three fully leased duplexes on the east side of Iowa City all close to each other for easy management. These up-down units are in good shape and they rent easily. Along the bus line for easy access for tenants. Buy an individual duplex or purchase all three duplexes as a package at a discounted sale price. Active rental permit on all the units. Tenants pay for all utilities and the Landlord provides snow and lawn care. A minimum notice of 48 hours for all showings. Pics are of the upper unit only. Contact agent for showings.

Last Agent to Sell the Property

Mark Lynch

Skogman Realty Co. Listed on: 02/09/2024

Skogman Realty Co.

Last Buyer's Agent

Chris Lehman

Edge Realty Group

Edge Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,562

Year Built

  • Built in 1958

Lot Details

  • 6,011

Home Design

  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,560 Sq Ft Home
  • Living Room

Schools

  • Longfellow Elementary School
  • Southeast Middle School

Utilities

  • Central Air
  • Internet Available

Additional Features

  • Lot Dimensions are 75 x 80
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 1014135007

Community Details

Overview

  • 2 Units
  • East Iowa City N 1/2 Lot Subdivision

Building Details

  • Insurance Expense $830
  • Maintenance Expense $1,000
  • Gross Income $21,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,562

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: Three Duplexes for Sale in Iowa City. Three fully leased duplexes on the east side of Iowa City all close to each other for easy management. These up-down units are in good shape and they rent easily. Along the bus line for easy access for tenants. Buy an individual duplex or purchase all three duplexes as a package at a discounted sale price. Active rental permit on all the units. Tenants pay for all utilities and the Landlord provides snow and lawn care. A minimum notice of 48 hours for all showings. Pics are of the upper unit only. Contact agent for showings.
  • Year Built: 1958
  • Tax Year Report: 2022
  • Subdivision: EAST IOWA CITY N 1/2 LOT
  • Rental Permit: Yes
  • Directions: Duplex is off of Muscatine Ave.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • Amenities: On Bus Line
  • Basement Remarks: Slab
  • Possession R: Negotiable
  • Possible Finance R: 1031 Exchange, Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Sq Ft Above: 1560

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: None

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Central

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Longfellow
  • Middle School: Southeast
  • High School: City
  • High School: City
  • Jr Middle School: Southeast
  • Elementary School: Longfellow

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 75 X 80
  • Zoning: RS8

Tax Info

  • Gross Tax County City: 3337
  • Assessor Parcel Number: 1014135007

Multi Family

  • Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Apr 19, 2024
Sold by
Pennlan Llc
Bought by
Vu An Dac Hong and Nguyen Chinh Duy
Seller's Agent
Mark Lynch
Skogman Realty Co.
Buyer's Agent
Chris Lehman
Edge Realty Group
List Price
$220,000
Sold Price
$218,000
Premium/Discount to List
-$2,000
-0.91%
Views
63
Current Estimated Value
$228,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,088
Avg. Annual Appreciation
3.10%
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
Vu An Dac Hong $218,000 None Listed On Document
Vu An Dac Hong $218,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2024 04/23/24 Sold $218,000 -0.9% $140 / Sq Ft
03/21/2024 03/21/24 Off Market $220,000 -- --
02/09/2024 02/09/24 For Sale $220,000 -- $141 / Sq Ft
Source: Iowa City Area 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 $3,562 $195,080 $49,280 $145,800
2024 $3,518 $186,980 $49,280 $137,700
2023 $3,338 $186,980 $49,280 $137,700
2022 $3,188 $153,980 $46,810 $107,170
2021 $3,190 $153,980 $46,810 $107,170
2020 $3,190 $147,510 $44,350 $103,160
2019 $2,956 $147,510 $44,350 $103,160
2018 $2,956 $134,540 $39,420 $95,120
2017 $2,924 $134,540 $39,420 $95,120
2016 $2,800 $132,850 $39,420 $93,430
2015 $2,800 $129,930 $39,420 $90,510
2014 $2,768 $127,950 $39,420 $88,530
Source: Public Records

Agents Affiliated with this Home

  • Mark Lynch

    Seller's Agent in 2024

    Mark Lynch

    Skogman Realty Co.

    (319) 331-0409

    2 in this area

    76 Total Sales

    Mark Lynch
    Section Image
  • Chris Lehman

    Buyer's Agent in 2024

    Chris Lehman

    Edge Realty Group

    (319) 330-8230

    7 in this area

    110 Total Sales

    Chris Lehman
    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202400752

Iowa City Area Association of REALTORS®

APN: 1014135007

Iowa Johnson County Iowa City 52240 Creekside

1725 Muscatine Ave Unit A & B, Iowa City, IA

This home is located at 1725 Muscatine Ave Unit A & B, Iowa City, IA 52240 since 09 February 2024 and is currently estimated at $228,088, approximately $146 per square foot. This property was built in 1958. 1725 Muscatine Ave Unit A & B is a home located in Johnson County with nearby schools including Longfellow Elementary School, Southeast Junior High School, and City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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