NOT LISTED FOR SALE

215 1/2 W 7th St Muscatine, IA 52761

4 Beds
2 Baths
1,883 Sq Ft
1900 Built

Last Sold May 03, 2019

Last sale price $62,500 $33 Per Sq Ft

64 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Laundry Room
  • Combination Kitchen and Dining Room
  • Living Room
  • Forced Air Heating and Cooling System
  • Ceiling Fan

About This Home

As of May 2019

Great investment opportunity with fully rented duplex. 2 bed/1 bath in each unit. Each unit includes some updated flooring, central air, washer/dryer. Downstairs unit currently rented for $700/month, upstairs unit currently rented for $675/month. Home needs some cosmetic updates but is structurally solid. New metal roof 2014, new central air 2013. Property is being sold as-is, seller will not make any concessions or repairs. 24 hour notice required for showings. Sale is part of a 1031 exchange.

Last Agent to Sell the Property

Erin Elliott

Keller Williams Legacy Group Listed on: 01/18/2019

Keller Williams Legacy Group

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Parking

  • 3 Parking Spaces

Home Design

  • Poured Concrete

Interior Spaces

  • 1,883 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room Downstairs
  • Living Room
  • Combination Kitchen and Dining Room
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

  • Muscatine Elementary And Middle School
  • Muscatine High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 0835335010

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1883
  • Homebuilder: unknown
  • Owner Name L F Mi: Owner of record
  • Ownership Type: Income/Investment
  • Photo Code: Complete
  • Remarks: New 80 yr Steel roof installed 2016. 215 W 7th -New furnace inducer 2019. 215-1/2 W 7th - New furnace 2016, new AC 2016. Private entrances for each unit. Both units have a washer and dryer that is part of the sale. Tenants maintain yard. All utils split except electric which is paid by landlord. Home could be converted back to single family home. Verify schools with district. One owner is licensed to sell real estate in Iowa. *contact listing agent for showings*
  • Year Built: 1900
  • Tax Year Report: 2017
  • Subdivision: unknown
  • Directions: Drive SW on W 8th St, south on Pine, E on W 7th.
  • L O1 Dues Paid: y
  • Amenities: Sidewalks
  • Basement Remarks: Poured Concrete, Full
  • Fireplace Type Location: None
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Great investment opportunity with fully rented duplex. 2 bed/1 bath in each unit. Each unit includes some updated flooring, central air, washer/dryer. Downstairs unit currently rented for $700/month, upstairs unit currently rented for $675/month. Home needs some cosmetic updates but is structurally solid. New metal roof 2014, new central air 2013. Property is being sold as-is, seller will not make any concessions or repairs. 24 hour notice required for showings. Sale is part of a 1031 exchange.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Upper: 2
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1883
  • Total Full Baths: 2
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Closet, Laundry Room, Basement, Upstairs
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Garage/Parking

  • Parking Spaces: 3 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Ceiling Fans, Electric, Gas, Central, Forced Air

Schools

  • Elementary School: Muscatine
  • Middle School: Muscatine
  • High School: Muscatine
  • High School: Muscatine
  • Jr Middle School: Muscatine
  • Elementary School: Muscatine

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Zoning: residential

Rental Info

  • Lease Value: 62500

Tax Info

  • Gross Tax County City: 1884
  • Assessor Parcel Number: 0835335010

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $62,500 -34.2% $33 / Sq Ft
03/23/2019 03/23/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $95,000 -- $50 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20190521

Iowa City Area Association of REALTORS®