NOT LISTED FOR SALE

24 5th Ave NE Oelwein, IA 50662

Estimated Value: $35,000 - $106,000

4 Beds
3 Baths
1,051 Sq Ft
$61/Sq Ft Est. Value

Last Sold May 10, 2016

Last sale price $30,000 $29 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $457/month

6 Days on Market

Highlights

  • Porch
  • Ceiling Fan
  • Garage
  • Landscaped with Trees

About This Home

As of May 2016

Come on in and check out this great investment property! All three apartments are currently rented and under contract. It has a two bedroom upstairs, studio apartment below and one bedroom on the north side. This house has hardwood floors, updated windows, siding, plumbing & heating. The upstairs apartment is $425, Studio $370, one bedroom $450. All our apartment include heat, water, garbage. The one bedroom includes electric due to section 8 payment. The upstairs apartment is working on section 8 right now so it will get increased if electric is to be added to theirs too. Owner is a licensed Real Estate Agent in the state of Iowa

Last Agent to Sell the Property

Angie Andersen

Berkshire Hathaway Home Services One Realty Centre License #S62933000 Listed on: 04/12/2016

Berkshire Hathaway Home Services One Realty Centre

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1898

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Landscaped with Trees

Home Design

  • Triplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Interior and Exterior Basement Entry
  • Washer and Gas Dryer Hookup

Parking

  • Garage
  • 2 Open Parking Spaces
  • On-Street Parking

Outdoor Features

  • Porch

Schools

  • Oelwein Elementary And Middle School
  • Oelwein High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • 3 Units
  • Water Sewer Expense $139

Listing and Financial Details

  • Tenant pays for electricity, lawn care, snow removal
  • Assessor Parcel Number 1821283012

Property Details

Home Type

Multi-Family

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Parcel Number: 1821283012
  • Year Built: 1898
  • Property Sub-Type: Triplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Dryer Hookup-Gas, Washer Hookup
  • Road Frontage Type: Hard Surface Road
  • Co List Office Phone: 319-233-7000
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1051
  • Architectural Style: Two Story
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Entrance-Inside, Entrance-Outside, Floor Drain
  • Below Grade Sq Ft: 1051

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Porch, Trees
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: Detached, Garage, On Street

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 139

Schools

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

Lot Info

  • Zoning: R-3
  • Lot Dimensions: 50x130
  • Lot Size Sq Ft: 6500

Rental Info

  • Tenant Pays: Electricity, Lawn Care, Snow Removal
  • Lease Term: Over 9 Months

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1512

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2024
Sold by
Fji-Ii Holdings Llc
Bought by
Fji-Ii-Sd1 Holdings Llc
Current Estimated Value
$64,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,297,400
Outstanding Balance
$1,275,739
Interest Rate
6.61%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,211,245

Purchase Details

Closed on
Dec 30, 2022
Sold by
Winter Ronald L and Winter Barbara A
Bought by
Fji-Ii Holdings Llc

Purchase Details

Closed on
Dec 28, 2022
Sold by
Fji Holdings Llc
Bought by
Fji-Ii Holdings Llc

Purchase Details

Closed on
Aug 19, 2022
Sold by
Vjt Properties Llc
Bought by
Fji Holdings Llc

Purchase Details

Listed on
Apr 12, 2016
Closed on
May 9, 2016
Sold by
Andersen Jeff and Andersen Angela
Bought by
Vjt Properties Llc
Seller's Agent
Angie Andersen
Berkshire Hathaway Home Services One Realty Centre
List Price
$35,900
Sold Price
$30,000
Premium/Discount to List
-$5,900
-16.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%
Source: Public Records

Range of Values:

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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
Fji-Ii-Sd1 Holdings Llc -- Title Services Corporation
Fji-Ii Holdings Llc $414,000 --
Fji-Ii Holdings Llc $1,000 --
Fji Holdings Llc $51,500 --
Vjt Properties Llc $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fji-Ii-Sd1 Holdings Llc $1,297,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2016 05/10/16 Sold $30,000 -16.4% $29 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $35,900 -- $34 / 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
2024 $1,262 $66,570 $3,710 $62,860
2023 $1,262 $66,570 $3,710 $62,860
2022 $1,116 $50,860 $3,710 $47,150
2021 $1,116 $44,620 $3,710 $40,910
2020 $1,178 $44,620 $3,710 $40,910
2019 $1,228 $42,210 $0 $0
2018 $1,290 $42,210 $0 $0
2017 $1,382 $42,210 $0 $0
2016 $1,444 $42,210 $0 $0
2015 $1,444 $0 $0 $0
2014 $1,610 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20161976

Northeast Iowa Regional Board of REALTORS®

APN: 18-21-283-012