NOT LISTED FOR SALE

2283 South Way Unit 2285 South Way Dr. Dubuque, IA 52002

Estimated Value: $160,000 - $310,000

6 Beds
2 Baths
2,248 Sq Ft
$110/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $175,000 $78 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,683/month

4 Days on Market

Highlights

  • 2 Car Attached Garage
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of July 2019

Great opportunity to own this all brick side-by-side duplex on Dubuque's westend! This would make a great owner occupy property or a great property to add to your investment portfolio. Rents are currently $850.00/side. Tenants pay all utilities. Both units offer 1-2 bedrooms, full bathroom, laundry and an attached 1 car garage. Property is in great condition and has great rental history. Must see!

Last Agent to Sell the Property

Ryan Anglese

Ruhl & Ruhl Realtors License #IL Listed on: 04/29/2019

Last Buyer's Agent

Ronald McCarthy

American Realty of Dubuque, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,672

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 70 x 113

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Shingle Roof

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available

Listing and Financial Details

  • Tenant pays for gas, water, electric, heat, trash
  • Month-to-Month Lease Term
  • Assessor Parcel Number 1021207037

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,000
  • Real Estate Tax Expense $3,450
  • Net Operating Income $15,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,672

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: 1 Story
  • Style2: 1 Story
  • Type: Duplex
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Refrigerator, Range, Dishwasher, Microwave, Disposal, Washer, Dryer
  • Estimated Total Above Ground Sq Ft: 1248
  • Estimated Finished Sq Ft: 2248
  • Estimated Sq Ft: 2248
  • Estimated Lower Sq Ft: 1000
  • Estimated Main Sq Ft: 1248
  • Basement: Full

Exterior Features

  • Foundation: Pour
  • Roof: Asp/Composite Shingle
  • Siding: Brick

Garage/Parking

  • Garage Capacity: 2
  • Garage Feature: Electricity
  • Garage Type: Attached – 2
  • Parking: Off Street
  • Garage Type: Attached

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas
  • Heat Type: Forced Air

Condo/Co-op/Association

  • Amenities: Smoke Detectors

Schools

  • Elementary School: Kennedy
  • Middle School: E. Roosevelt Middle
  • High School: S. Hempstead

Lot Info

  • Lot Size: 70 x 113
  • Parcel Id Number: 1021207037
  • Zoning: R

Rental Info

  • Tenant Pays: Gas, Water, Electric, Heat, Trash

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
Jul 1, 2019
Sold by
Sherman Management Llc
Bought by
Home4rent Llc
Seller's Agent
Ryan Anglese
Ruhl & Ruhl Realtors
Buyer's Agent
Ronald McCarthy
American Realty of Dubuque, Inc.
List Price
$190,000
Sold Price
$175,000
Premium/Discount to List
-$15,000
-7.89%
Total Days on Market
4
Current Estimated Value
$246,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,481
Avg. Annual Appreciation
6.36%

Purchase Details

Closed on
Oct 31, 2018
Sold by
Sherman Brian L and Sherman Sarah H
Bought by
Sherman Management Llc
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
Home4rent Llc $175,000 None Available
Sherman Management Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2019 07/01/19 Sold $175,000 -7.9% $78 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $190,000 -- $85 / Sq Ft
Source: East Central 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 $3,672 $263,100 $36,400 $226,700
2023 $3,672 $263,100 $36,400 $226,700
2022 $3,536 $213,760 $32,760 $181,000
2021 $3,536 $213,760 $32,760 $181,000
2020 $3,498 $194,900 $32,760 $162,140
2019 $3,502 $196,680 $32,760 $163,920
2018 $3,450 $188,400 $32,760 $155,640
2017 $3,390 $188,400 $32,760 $155,640
2016 $3,320 $175,520 $32,760 $142,760
2015 $3,320 $175,520 $32,760 $142,760
2014 $3,130 $170,030 $32,760 $137,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Central Iowa Association of REALTORS®

MLS Number: 137468

East Central Iowa Association of REALTORS®

APN: 10-21-207-037