NOT LISTED FOR SALE

205 3rd Ave NE Independence, IA 50644

Estimated Value: $121,000 - $148,000

3 Beds
2 Baths
1,303 Sq Ft
$102/Sq Ft Est. Value

Last Sold October 25, 2024

Last sale price $135,000 $104 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $870/month

51 Days on Market

About This Home

As of October 2024

Great Investor opportunity awaits! Nice up/down duplex in great location near downtown Independence. Main level has two bedrooms, one full bathroom, large kitchen, dining room and living room. Upper level has one large bedroom, two bathrooms, kitchen and living room area. All utilities paid for by renters except for gas/heat paid for by owner. Lots of recent updates including windows, electric and flooring!

Last Agent to Sell the Property

Nicolas Moran

Realty ONE Group Movement License #B70513000 Listed on: 07/19/2024

Realty ONE Group Movement

Co-Listed By

Luann Gerber

Realty ONE Group Movement License #B63548000

Last Buyer's Agent

Angie Andersen

Berkshire Hathaway Home Services One Realty Centre License #S62933000

Berkshire Hathaway Home Services One Realty Centre

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,110

Year Built

  • Built in 1874

Lot Details

  • 7,700 Sq Ft Lot
  • Lot Dimensions are 70x110

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Brick Basement
  • Laundry on main level

Parking

  • Garage
  • Over 1 Space Per Unit
  • On-Street Parking

Schools

  • Independence Elementary And Middle School
  • Independence High School

Utilities

  • Window Unit Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, trash collection, water
  • Assessor Parcel Number 0634458017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,110

Year Built

Built in 1874

Lot Details

0

Listing Details

  • Parcel Number: 0634458017
  • Year Built: 1874
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: 1st Floor
  • Co List Office Mls Id: NBR511
  • Co List Office Phone: 319-243-3425
  • Co List Office Phone: 319-243-3425
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1303
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Brick/Mortar
  • Below Grade Sq Ft: 1276

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Parking Features: Garage, Over 1 Space, Street Parking, Detached

Utilities

  • Cooling: Window Unit(s)
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Gas in Rent, Water - Multiple Meters
  • Water Source: City

Schools

  • Elementary School: Independence
  • High School: Independence
  • Middle Or Junior School: Independence

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 70x110
  • Lot Size Sq Ft: 7700

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Trash Collection, Water
  • Lease Term: 6 Months or Less,Month to Month

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Oct 21, 2024
Sold by
Goodwin David and Goodwin Amy
Bought by
Clocksin Philip L
Seller's Agent
Nicolas Moran
Realty ONE Group Movement
Buyer's Agent
Angie Andersen
Berkshire Hathaway Home Services One Realty Centre
List Price
$135,000
Sold Price
$135,000
Views
47
Current Estimated Value
$133,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,709
Avg. Annual Appreciation
-1.06%
Original Mortgage
$116,000
Outstanding Balance
$113,232
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$20,059

Purchase Details

Closed on
Apr 22, 2020
Sold by
Anerucab Advusirs Group
Bought by
Dvde Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Clocksin Philip L $135,000 None Listed On Document
Dvde Llc $83,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clocksin Philip L $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2024 10/25/24 Sold $135,000 0.0% $104 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $135,000 +31.1% $104 / Sq Ft
05/31/2023 05/31/23 Sold $103,000 -6.3% $79 / Sq Ft View Prior Sale
04/24/2023 04/24/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $109,900 -- $84 / Sq Ft
Source: Northeast 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
2025 $2,076 $119,880 $23,000 $96,880
2024 $2,076 $103,630 $20,530 $83,100
2023 $2,412 $124,090 $20,530 $103,560
2022 $2,110 $100,240 $16,300 $83,940
2021 $2,100 $100,240 $16,300 $83,940
2020 $2,100 $92,330 $14,940 $77,390
2019 $1,784 $92,330 $14,940 $77,390
2018 $1,704 $89,210 $14,940 $74,270
2017 $1,636 $89,210 $14,940 $74,270
2016 $1,606 $84,900 $8,080 $76,820
2015 $1,606 $84,900 $8,080 $76,820
2014 $1,638 $84,900 $8,080 $76,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20243124

Northeast Iowa Regional Board of REALTORS®

APN: 06.34.458.017