NOT LISTED FOR SALE

202 University Ave Shenandoah, IA 51601

Estimated Value: $67,000 - $110,624

3 Beds
2 Baths
2,204 Sq Ft
$43/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $66,000 $30 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $658/month

2 Days on Market

About This Home

As of February 2022

Great duplex investment opportunity in the heart of Shenandoah Iowa! Unit 1: 2 bed 1 bath unit with steel ramp for handicapped access, Furnace-2021, AC-2020. Formal dining area and additional eat in kitchen. Unit 2: Spacious 1 Bed 1 Bath with kitchenette and separate exterior entrance and additional storage space above unit 1. Property boasts of newer roof, 1 car garage with carport extension, ample alley parking, fenced in green space and separate meters for water and electricity.

Last Listed By

Jenn Tucker

Better Homes and Gardens Real Estate The Good Life Group License #S69079000 Listed on: 01/20/2022

Better Homes and Gardens Real Estate The Good Life Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,558

Year Built

  • Built in 1900

Lot Details

  • 8,233

Parking

  • 1 Car Garage

Home Design

  • Composition Roof

Schools

  • Shenandoah Elementary And Middle School
  • Shenandoah High School

Additional Features

  • 1.5-Story Property
  • Lot Dimensions are 66.00 x 125.00
  • Air Conditioning

Listing and Financial Details

  • Tenant pays for electric, water, gas, garbage
  • The owner pays for electric, water, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,558

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Inspections: Self Inspected
  • Miscellaneous: Individual Elec Mtrs
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1.5
  • Stories: Two
  • Appliances: Other
  • Features: Fenced, Private Entrance, Patio, Other

Beds/Baths

  • Half Bathrooms: None
  • Full Bathrooms: Two
  • Sleeping Rooms: Three

Exterior Features

  • Roof: Composition
  • Exterior: Other

Garage/Parking

  • Garage: 1
  • Parking: 4 - 6

Utilities

  • Heat Cooling: Central A/C, Other, Gas FA
  • Utilities Paid by Owner: Electric, Water, Gas
  • Utilities Paid by Renter: Electric, Water, Gas, Garbage

Schools

  • School District: Shenandoah
  • Elementary School: Shenandoah
  • Middle School: Shenandoah
  • High School: Shenandoah
  • Elementary School: Shenandoah
  • High School: Shenandoah
  • Jr High: Shenandoah
  • School District: Shenandoah

Lot Info

  • Lot Size: 66.00 x 125.00

Building Info

  • Year Built: 1900
  • Building Sq Ft: 2204.00

Tax Info

  • Current REIDS Year Paid: N
  • Assessed Improvement Value: 62400.00
  • Assessed Land Value: 9310.00
  • Gross Taxes: 1314.09
  • Net Taxes: 1346.43
  • Tax Year: 2020
  • Total Assessed Value: 71710.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Feb 16, 2022
Sold by
Delehant Harold D
Bought by
Kingdom Properties Llc
Seller's Agent
Jenn Tucker
Better Homes and Gardens Real Estate The Good Life Group
Buyer's Agent
Non Nonmember
Nonmember
List Price
$70,000
Sold Price
$66,000
Premium/Discount to List
-$4,000
-5.71%
Total Days on Market
2
Current Estimated Value
$94,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,906
Avg. Annual Appreciation
12.10%

Purchase Details

Closed on
Feb 18, 2020
Sold by
Sickman Morgan M and Gates Morgan M
Bought by
Delehant Harold D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,982
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 26, 2014
Sold by
Sickman Morgan M and Sickman Tyler E
Bought by
Sickman Morgan M and Sickman Tyler E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
4.34%
Mortgage Type
New Conventional

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
Kingdom Properties Llc $66,000 None Listed On Document
Delehant Harold D $71,000 None Available
Sickman Morgan M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kingdom Properties Iowa Llc $261,800
Previous Owner Delehant Harold D $49,982
Previous Owner Sickman Morgan M $61,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $66,000 -5.7% $30 / Sq Ft
01/22/2022 01/22/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $70,000 -- $32 / Sq Ft
Source: Southwest 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 $1,558 $83,640 $9,800 $73,840
2023 $1,558 $83,640 $9,800 $73,840
2022 $1,432 $72,240 $9,800 $62,440
2021 $1,432 $71,710 $9,310 $62,400
2020 $1,150 $60,380 $9,310 $51,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Iowa Association of Realtors®

MLS Number: 22-91

Southwest Iowa Association of Realtors®

APN: 000519479115000