NOT LISTED FOR SALE

2131 N 2nd St Clinton, IA 52732

Estimated Value: $73,030 - $137,000

5 Beds
3 Baths
3,056 Sq Ft
$32/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $54,500 $18 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $624/month

About This Home

As of August 2020

Schedule a tour today + buy the property right away = start earning very steady rental income! This property is in great condition and ready to create a revenue stream for you. Wonderful and charming unique aspects of this home keep this 120 year old home a destination for rental income. Oversized rooms, high ceilings, wonderful and unique woodwork create a place that people will want to live & provide income for you! This triplex unit is ready to go! When full, it generates $20,400 of annual income! Need at least 24 hours advance notice for showing requests. This property is one of several for sale by the same owner - ask about bundling multiple properties together! All measurements are approx. & to be verified by buyer & buyer Realtor

Last Agent to Sell the Property

Dennis Lauver

Coldwell Banker Howes & Jefferies REALTORS License #B63532000/475.165634 Listed on: 02/05/2020

Coldwell Banker Howes & Jefferies REALTORS

Last Buyer's Agent

Dennis Lauver

Coldwell Banker Howes & Jefferies REALTORS License #B63532000/475.165634 Listed on: 02/05/2020

Coldwell Banker Howes & Jefferies REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,405

Schools

  • Eagle Heights Elementary School
  • Clinton High School

Additional Features

  • Unfinished Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Conversion
  • Legal Description: LYONS, TOWN OF BGN NW COR OF LOT 7 TH E 106' TH S 40.37' TH SW 28.26' TH W 41' TH S 22' TH W 45' N 8
  • Lvt Date: 02/05/2020
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 3
  • Number Refrigerators: 3
  • Basement: Unfinished
  • Price Per Sq Ft: 17.83
  • Total Sq Ft: 3056

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Curbs & Gutters, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: On-Street Parking
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Forced Air
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 420
  • Gas Expense: 1386
  • Water Sewer Expenses: 2394

Schools

  • Elementary School: Eagle Heights
  • Middle School: Clinton
  • High School: Clinton High
  • Elementary School: Eagle Heights
  • High School: Clinton High

Lot Info

  • Estimated Lot Size: 7726
  • Estimated Number of Acres: 0.17
  • Lot Description: Corner, Level
  • Zoning: Residential
  • Subdivision: Lyons
  • Geo Subdivision: IA

Rental Info

  • Gross Annual Rent Income: 20400

Tax Info

  • Annual Taxes: 2758
  • Parcel Id Number Tax Id: 86-17005000
  • Tax Year: 2018

Multi Family

  • Total Number Units: 3
  • Gross Annual Income: 20400
  • Total Number Central Air Units: 1
  • Total Number Electric Meters: 3
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Clinton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2011
Sold by
Nation Holdings Llc
Bought by
J Rock Properties Llc
Current Estimated Value
$97,008
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
J Rock Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed J Rock Properties Llc $47,245
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $54,500 -7.6% $18 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $59,000 -- $19 / Sq Ft
Source: RMLS Alliance

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 $1,338 $72,880 $16,560 $56,320
2023 $1,900 $72,880 $16,560 $56,320
2022 $2,002 $77,770 $13,870 $63,900
2021 $2,497 $77,770 $13,870 $63,900
2020 $358 $83,940 $13,870 $70,070
2019 $2,636 $83,940 $0 $0
2018 $2,843 $83,940 $0 $0
2017 $2,902 $83,940 $0 $0
2016 $3,006 $83,940 $0 $0
2015 $3,006 $83,940 $0 $0
2014 $3,144 $83,940 $0 $0
2013 $3,352 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4209164

RMLS Alliance

APN: 86-1700-5000