$180,000
SOLD FEB 29, 2024
-- Bed
-- Bath
1,316 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$137 Per Sq Ft

1 Day on Market

About This Home

As of February 2024

Turnkey investment property ready for tenants day 1! Recently completed updates include new cabinetry, quartz countertops, fixtures, showers and flooring throughout. All new sewer waste and drain lines replaced in 2023 along with new 100 amp panels & service. Plenty of off-street parking in rear and includes carport for each unit. Separate utility services for each side. Seller is a licensed agent in the state of Iowa.

Last Agent to Sell the Property

Lyndsay Schaben

Better Homes and Gardens Real Estate The Good Life Group License #S63217000 Listed on: 02/15/2024

Better Homes and Gardens Real Estate The Good Life Group

Last Buyer's Agent

Matt Markel

NextHome In The Bluffs License #S66856000

NextHome In The Bluffs

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,398

Year Built

  • Built in 1960

Home Design

  • Brick Exterior Construction
  • Composition Roof

Schools

  • Edison Elementary School
  • Woodrow Wilson Middle School
  • Thomas Jefferson High School

Additional Features

  • 1-Story Property
  • Window Unit Cooling System

Listing and Financial Details

  • Tenant pays for electric, water, gas
  • The owner pays for garbage

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,398

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Inspections: City Inspected
  • Miscellaneous: Individual Elec Mtrs, Individual Wtr Mtrs, Individual Gas Mtrs
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: One
  • Appliances: Dryer, Window A/C, Washer, Stove, Refrigerator
  • Features: Carpets, W/D Hookups, Private Entrance, Fenced

Beds/Baths

  • Half Bathrooms: None
  • Full Bathrooms: Two
  • Sleeping Rooms: None

Exterior Features

  • Roof: Composition
  • Exterior: Brick

Garage/Parking

  • Garage: None
  • Parking: 4 - 6

Utilities

  • Heat Cooling: Gas FA, Window A/C
  • Utilities Paid by Owner: Garbage
  • Utilities Paid by Renter: Electric, Water, Gas

Schools

  • School District: Council Bluffs
  • Elementary School: Edison
  • Middle School: Woodrow Wilson
  • High School: Thomas Jefferson
  • Elementary School: Edison
  • High School: Thomas Jefferson
  • Jr High: Woodrow Wilson
  • School District: Council Bluffs

Lot Info

  • Lot Size: .12

Building Info

  • Year Built: 1960
  • Building Sq Ft: 1316.00

Tax Info

  • Current REIDS Year Paid: N/A
  • Gross Taxes: 2634.00
  • Net Taxes: 2634.00
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Feb 23, 2024
Sold by
Schaben Properties Llc
Bought by
Carter Monty Lavell
Seller's Agent
Lyndsay Schaben
Better Homes and Gardens Real Estate The Good Life Group
Buyer's Agent
Matt Markel
NextHome In The Bluffs
List Price
$180,000
Sold Price
$180,000
Views
17
Current Estimated Value
$178,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,943
Avg. Annual Appreciation
0.20%
Original Mortgage
$126,000
Outstanding Balance
$123,218
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$57,306

Purchase Details

Listed on
Nov 6, 2019
Closed on
Nov 18, 2019
Sold by
Luedecker Janice L
Bought by
Schaben Properties Llc
Seller's Agent
Memory Mescher
NP Dodge Real Estate - Council Bluffs
Buyer's Agent
Lyndsay Schaben
Better Homes and Gardens Real Estate The Good Life Group
List Price
$99,000
Sold Price
$99,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.99%
Original Mortgage
$79,200
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 2, 2006
Sold by
Patten Randolph G and Patten Jeanne M
Bought by
Luedecker Janice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
6.36%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $180,000 Midwest Title
Warranty Deed $99,000 None Available
Warranty Deed $92,000 Mrt
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $126,000 New Conventional
Previous Owner $79,200 Future Advance Clause Open End Mortgage
Previous Owner $70,808 New Conventional
Previous Owner $73,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $180,000 0.0% $137 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $180,000 +81.8% $137 / Sq Ft
11/20/2019 11/20/19 Sold $99,000 0.0% $75 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $99,000 -- $75 / Sq Ft
Source: Southwest 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 $2,398 $140,400 $17,500 $122,900
2023 $2,398 $120,300 $17,500 $102,800
2022 $2,584 $110,100 $19,100 $91,000
2021 $3,770 $110,100 $19,100 $91,000
2020 $2,360 $95,000 $15,300 $79,700
2019 $2,162 $95,000 $15,300 $79,700
2018 $2,122 $84,127 $9,529 $74,598
2017 $2,146 $84,127 $9,529 $74,598
2015 $2,098 $84,127 $9,529 $74,598
2014 $2,100 $84,127 $9,529 $74,598
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Iowa Association of Realtors®

MLS Number: 24-242

Southwest Iowa Association of Realtors®

APN: 7544-34-254-004