NOT LISTED FOR SALE

1842 Central Ave Dubuque, IA 52001

-- Bed
-- Bath
5,177 Sq Ft
2,483 Sq Ft Lot

Last Sold November 13, 2020

Last sale price $178,270 $34 Per Sq Ft

217 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • 3-minute walk to Orange Park

About This Home

As of November 2020

Fully rented 1705 sq ft RETAIL SPACE plus 4 Apartments above. All brick 3 story Investment Bldg. July 2020 New rubber roof with 18 yr material & 12yr labor warranty. 1-2BR & 3-1BR, coin operated laundry on 2nd floor, full basement, 2 off street parking spaces, separate utilities. Tenants pay all utilities except water/trash owner pays this. The retail space is a gas furnace & central cooling the cost is included in the utility expenses along with the electric for the retail space. Also see MLS#139317 Multi Family 4 Plex. 3-1BR apts & 1-2BR. 1705sq ft. Retail space is calculated at $700 mon. $179,543

Last Agent to Sell the Property

Pamela Helmer

Ruhl & Ruhl Realtors Listed on: 01/27/2020

Ruhl & Ruhl Realtors

Last Buyer's Agent

Steve Davis

Equity Real Estate Group LLC License #IL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,450

Year Built

  • Built in 1900

Lot Details

  • 2,483

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Stone Foundation
  • Rolled or Hot Mop Roof
  • Rubber Roof

Interior Spaces

  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Range

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Gas Available

Listing and Financial Details

  • Tenant pays for gas, electric, heat
  • The owner pays for water, trash
  • Assessor Parcel Number 1024256004

Community Details

Building Details

  • Insurance Expense $2,000
  • Maintenance Expense $1,200
  • Utility Expense $8,400
  • Real Estate Tax Expense $3,352
  • Net Operating Income $21,588

Additional Features

  • 4 Units
  • Laundry Facilities
  • Building Fire Escape

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,450

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Four Plex
  • Year Built: 1900
  • Lvt Date: 01/27/2020
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Estimated Total Above Ground Sq Ft: 5177
  • Estimated Finished Sq Ft: 5177
  • Estimated Sq Ft: 5177
  • Estimated Main Sq Ft: 1705
  • Estimated Upper Sq Ft: 3472
  • Basement: Full

Exterior Features

  • Foundation: Rock
  • Roof: Rolled, Rubber
  • Siding: Brick

Garage/Parking

  • Garage Feature: No Features
  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • Amenities: Smoke Detectors, Fire Escape, Laundry Facilities

Schools

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

Lot Info

  • Lot Size: .06
  • Parcel Id Number: 1024256004
  • Zoning: Commercial/Multi Family

Rental Info

  • Owner Pays: Water, Trash
  • Tenant Pays: Gas, Electric, Heat

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2022
Sold by
May Liesl S
Bought by
Pottebaum Ricky L

Purchase Details

Listed on
Jan 27, 2020
Closed on
Nov 13, 2020
Sold by
King Joel Alexander and Ekaterina Dresviankina
Bought by
Pottebaum Ricky L and May Liesl S
Seller's Agent
Pamela Helmer
Ruhl & Ruhl Realtors
Buyer's Agent
Steve Davis
Equity Real Estate Group LLC
List Price
$168,543
Sold Price
$178,270
Premium/Discount to List
$9,727
5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Sep 15, 2018
Closed on
Oct 3, 2018
Sold by
Dublinz 4 Llc
Bought by
King Joel Alexander
Seller's Agent
Pamela Helmer
Ruhl & Ruhl Realtors
Buyer's Agent
Pamela Helmer
Ruhl & Ruhl Realtors
List Price
$159,000
Sold Price
$135,000
Premium/Discount to List
-$24,000
-15.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.08%

Purchase Details

Closed on
Jul 23, 2013
Sold by
Four Green Fields Lp
Bought by
Dublinz 4 Llc

Purchase Details

Closed on
Mar 1, 2013
Sold by
Lakeview Investments Llc
Bought by
Four Green Fields Lp

Purchase Details

Closed on
Nov 5, 2009
Sold by
Oberhoffer David and Oberhoffer Cynthia
Bought by
Oberhoffer Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,146
Interest Rate
5.11%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 26, 2009
Sold by
Anthony Scott M and Anthony Amy Nicole
Bought by
Oberhoffer David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,146
Interest Rate
5.11%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Pottebaum Ricky L -- None Listed On Document
Pottebaum Ricky L $178,500 None Available
King Joel Alexander $135,000 None Available
Dublinz 4 Llc -- None Available
Four Green Fields Lp $155,000 None Available
Four Green Fields Lp $150,000 None Available
Oberhoffer Llc -- None Available
Oberhoffer David $88,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pottebaum Ricky L $183,000
Previous Owner Oberhoffer Llc $88,146
Previous Owner Oberhoffer David $88,000
Previous Owner Anthony Scott M $225,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $178,270 0.0% $34 / Sq Ft
08/31/2020 08/31/20 Off Market $178,270 -- --
08/31/2020 08/31/20 Pending -- -- --
07/29/2020 07/29/20 Price Changed $179,543 +6.5% $35 / Sq Ft
07/13/2020 07/13/20 For Sale $168,543 0.0% $33 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $168,543 +24.8% $33 / Sq Ft
10/05/2018 10/05/18 Sold $135,000 -15.1% $26 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
09/15/2018 09/15/18 For Sale $159,000 -- $31 / 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 $2,450 $175,500 $18,000 $157,500
2023 $2,450 $175,500 $18,000 $157,500
2022 $3,118 $136,050 $18,000 $118,050
2021 $3,118 $136,050 $18,000 $118,050
2020 $2,824 $136,050 $18,000 $118,050
2019 $3,352 $136,050 $18,000 $118,050
2018 $3,450 $153,733 $15,774 $137,959
2017 $3,692 $153,733 $15,774 $137,959
2016 $3,692 $153,733 $15,774 $137,959
2015 -- $153,733 $15,774 $137,959
2014 $2,690 $146,190 $15,000 $131,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Central Iowa Association of REALTORS®

MLS Number: 139315

East Central Iowa Association of REALTORS®

APN: 10-24-256-004