NOT LISTED FOR SALE

2494 Central Ave Dubuque, IA 52001

Estimated Value: $124,000 - $178,000

4 Beds
2 Baths
2,328 Sq Ft
$63/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $82,000 $35 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $898/month

4 Days on Market

About This Home

As of April 2021

Great opportunity with a well-maintained duplex! 2494 Central Avenue is a turnkey property for a mult-family investor or an extremely economical home for an owner-occupant. Traditional woodwork, hardwood floors, open concept living and dining room, front and rear access and a cozy home feel make this a desirable option. The property has newer windows, updated electrical, separate utilities, off-street parking, yard space and is radon mitigated. The full basement has a bonus area including a bar and laundry. Quick possession is available. Minimum of 24 hours notice to show.

Last Agent to Sell the Property

Steve Davis

Equity Real Estate Group LLC License #IL Listed on: 03/09/2021

Last Buyer's Agent

Tom Sitzmann

Realty Pros LTD. License #IL

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 4,487

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Composition Shingle Roof
  • Asbestos Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available

Listing and Financial Details

  • Tenant pays for gas, electric, heat
  • The owner pays for water, trash
  • Assessor Parcel Number 1013378002

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $800
  • Utility Expense $1,400
  • Real Estate Tax Expense $1,638
  • Net Operating Income $8,762

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: 2 Story
  • Style2: 2 Story
  • Type: Duplex
  • Year Built: 1926
  • Lvt Date: 03/09/2021
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Microwave, Washer, Dryer
  • Estimated Total Above Ground Sq Ft: 2328
  • Estimated Finished Sq Ft: 2328
  • Estimated Sq Ft: 2328
  • Estimated Main Sq Ft: 1164
  • Estimated Upper Sq Ft: 1164
  • Basement: Full

Exterior Features

  • Foundation: Rock
  • Roof: Asp/Composite Shingle
  • Siding: Cement Asbestos

Garage/Parking

  • Garage Feature: No Features
  • Parking: Off Street

Utilities

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

Lot Info

  • Lot Size: 0.10
  • Parcel Id Number: 1013378002
  • Zoning: R

Rental Info

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

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Apr 30, 2021
Sold by
Degenhardt Laura L and Degenhardt Melvin R
Bought by
Ogilvy Rentals Llc
Seller's Agent
Steve Davis
Equity Real Estate Group LLC
Buyer's Agent
Tom Sitzmann
Realty Pros LTD.
List Price
$90,000
Sold Price
$82,000
Premium/Discount to List
-$8,000
-8.89%
Current Estimated Value
$146,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,838
Avg. Annual Appreciation
13.14%

Purchase Details

Closed on
May 8, 2019
Sold by
Mcgeough Jean M and Degenhardt Laura L
Bought by
Mcgeough Jean M and Degenhardt Laura L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ogilvy Rentals Llc $82,000 None Available
Mcgeough Jean M -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $82,000 -8.9% $35 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $90,000 -- $39 / 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
2025 $1,661 $130,100 $16,300 $113,800
2024 $1,661 $111,400 $14,300 $97,100
2023 $1,615 $111,400 $14,300 $97,100
2022 $1,687 $98,380 $12,240 $86,140
2021 $1,687 $98,380 $12,240 $86,140
2018 $1,593 $87,300 $11,420 $75,880
2017 $1,741 $83,780 $11,420 $72,360
Source: Public Records

Agents Affiliated with this Home

  • Steve Davis

    Seller's Agent in 2021

    Steve Davis

    Equity Real Estate Group LLC

    (563) 542-3519

    49 Total Sales

    Steve Davis
    Section Image
  • Tom Sitzmann

    Buyer's Agent in 2021

    Tom Sitzmann

    Realty Pros LTD.

    (563) 580-1415

    50 Total Sales

    Tom Sitzmann
    Section Image
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Map

Source: East Central Iowa Association of REALTORS®

MLS Number: 141879

East Central Iowa Association of REALTORS®

APN: 10-13-378-002

Iowa Dubuque County Dubuque 52001

2494 Central Ave, Dubuque, IA

Not Listed for Sale

MultiFamily

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