NOT LISTED FOR SALE

205 E Main St Letts, IA 52754

Estimated Value: $150,000 - $168,000

-- Bed
3 Baths
1,440 Sq Ft
$111/Sq Ft Est. Value

Last Sold March 01, 2018

Last sale price $79,000 $55 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,038/month

109 Days on Market

About This Home

As of March 2018

Attention Investors! This duplex is ready to rent, has a positive cash flow and utilities are separated. The lower level unit is a 2 bedroom, 1 1/2 bath and is all brand new. Open concept arrangement with washer/dryer hookups in bathroom. This unit also has a partially finished basement with family room and 1/2 bath. The upper unit is a remodeled 2 bedroom one bath with washer/dryer connections. There is a 3 stall garage which could be rented for extra income, used by the apartments, or kept by the owner for personal use. This is a nice clean property!

Last Listed By

Steve Armstrong

RE/MAX PROFESSIONALS License #B58800000-Steve Armstrong S58801000-Dave Armstrong S66322000-Mandy Kemper Listed on: 10/16/2017

RE/MAX PROFESSIONALS

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,736

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Above Grade Sq Ft: 1440.00

Garage/Parking

  • Garage Type: Detached
  • Garage Stalls Parking: 3.00

Utilities

  • Utilities Providers City Sewer: YES
  • Utilities Providers City Water: YES
  • Utilities Providers Heat: Gas
  • Utilities Providers Natural Gas: YES
  • Utilities Providers Water Heater: Electric
  • Number Electric Meters: 2
  • Number Furnaces: 2
  • Number Water Heaters: 2
  • Number Water Meters: 2

Schools

  • School District: L & M
  • School District: L & M

Lot Info

  • Prop Grp ID: 19990816212109142258000000
  • Lot Size: 60 x 142

Multi Family

  • No. of Units: 2

Tax Info

  • Named Parcel Number: 0427128017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2020
Sold by
Ziegenhorn Stacie J and Ziegenhorn William
Bought by
Quigley Drake
Total Days on Market
109
Current Estimated Value
$160,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Outstanding Balance
$103,151
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$57,129

Range of Values:

Collateral Analytics

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ICE

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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
Quigley Drake $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quigley Drake $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2018 03/01/18 Sold $79,000 -24.7% $55 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
10/16/2017 10/16/17 For Sale $104,900 -- $73 / Sq Ft
Source: Muscatine Multiple Listing Service

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 $1,736 $127,520 $9,240 $118,280
2023 $1,736 $127,520 $9,240 $118,280
2022 $1,658 $106,010 $9,240 $96,770
2021 $1,378 $106,010 $9,240 $96,770
2020 $1,378 $77,220 $9,240 $67,980
2019 $1,168 $77,220 $9,240 $67,980
2018 $1,134 $62,910 $9,240 $53,670
2017 $1,134 $63,030 $0 $0
2016 $1,034 $63,030 $9,240 $53,790
2015 $1,034 $63,030 $9,240 $53,790
2014 $966 $62,830 $6,160 $56,670
Source: Public Records

Agents Affiliated with this Home

  • Steve Armstrong

    Seller's Agent in 2018

    Steve Armstrong

    RE/MAX

    (563) 299-8596

    407 Total Sales

    Steve Armstrong
    Section Image
  • Eric Schlutz

    Buyer's Agent in 2018

    Eric Schlutz

    RUHL & RUHL REALTORS

    (563) 299-4407

    112 Total Sales

    Eric Schlutz
    Section Image
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Map

Source: Muscatine Multiple Listing Service

MLS Number: 17-834

Muscatine Multiple Listing Service

APN: 04-06-228-001

Iowa Louisa County Letts 52754

205 E Main St, Letts, IA

Homes for Sale in Letts, IA

This home is located at 205 E Main St, Letts, IA 52754 since 16 October 2017 and is currently estimated at $160,326, approximately $111 per square foot. This property was built in 1900. 205 E Main St is a home located in Louisa County with nearby schools including Louisa-Muscatine Elementary School and Louisa-Muscatine 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.

Muscatine Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.