NOT LISTED FOR SALE

2710 Avenue K Fort Madison, IA 52627

Estimated Value: $56,000 - $85,000

3 Beds
2 Baths
1,903 Sq Ft
$39/Sq Ft Est. Value

Last Sold November 14, 2014

Last sale price $60,000 $32 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $506/month

1 Day on Market

About This Home

As of November 2014

This up a down duplex is the perfect money maker for any investor OR live in one and rent the other to pay your mortgage. The bottom unit is 2 bedroom and 1 bath. The upstairs unit is 1 bedroom and 1 bath. Total monthly income is currently $900.00. Owner pays gas only. Listing agent also have interest in this property.

Last Agent to Sell the Property

Tonya Lorence

Lorence Enterprises LLC Listed on: 11/06/2014

Last Buyer's Agent

Tonya Lorence

Lorence Enterprises LLC Listed on: 11/06/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,172

Year Built

  • Built in 1890

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 120.00

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,903 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Hot Water Heating System

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,172

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: #3822 2710 AVE K FG ADD BLK 20 E15'
  • Municipality: Fort Madison
  • Year Built: 1890
  • OFFICELIST_ADDRESS: 2710 Avenue K
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2014-11-06
  • List Office I D: 852
  • M L Number Foreign: SEIA23005932
  • Sales Office I D: 852
  • Selling Agent: 2270
  • Share Listings With: Broker Reciprocity, CoreLogic Listing License, Homes.com, Realtor.com, RPR Listing License
  • Building Style: Duplex Other
  • Unit 1 Annual Rent: 6000
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Month Rent: 500
  • Unit 1 Number of Units: 1
  • Unit 2 Annual Rent: 4800
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Total Bathrooms: 1
  • Unit 2 Bedrooms: 1
  • Unit 2 Month Rent: 400
  • Unit 2 Number of Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Price Per S Q F T: 31.53
  • Above Grade Finished Sq Ft: 1903
  • Room Types: Unit1 Bedroom 1, Unit1 Bedroom 2, Unit1 Bedroom 3, Unit1 Bedroom 4, Unit1 Dining Room, Unit1 Extra Room 1, Unit1 Extra Room 2, Unit1 Extra Room 3, Unit1 Extra Room 4, Unit1 Extra Room 5, Unit1 Extra Room 6, Unit1 Family Room, Unit1 Kitchen, Unit1 Living Room, Unit2 Bedroom 1, Unit2 Bedroom 2, Unit2 Bedroom 3, Unit2 Bedroom 4, Unit2 Dining Room, Unit2 Extra Room 1, Unit2 Extra Room 2, Unit2 Extra Room 3, Unit2 Extra Room 4, Unit2 Extra Room 5, Unit2 Extra Room 6, Unit2 Family Room, Unit2 Kitchen, Unit2 Living Room, Unit3 Bedroom 1, Unit3 Bedroom 2, Unit3 Bedroom 3, Unit3 Bedroom 4, Unit3 Dining Room, Unit3 Extra Room 1, Unit3 Extra Room 2, Unit3 Extra Room 3, Unit3 Extra Room 4, Unit3 Extra Room 5, Unit3 Extra Room 6, Unit3 Family Room, Unit3 Kitchen, Unit3 Living Room, Unit4 Bedroom 1, Unit4 Bedroom 2, Unit4 Bedroom 3, Unit4 Bedroom 4, Unit4 Dining Room, Unit4 Extra Room 1, Unit4 Extra Room 2, Unit4 Extra Room 3, Unit4 Extra Room 4, Unit4 Extra Room 5, Unit4 Extra Room 6, Unit4 Family Room, Unit4 Kitchen, Unit4 Living Room

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Other

Utilities

  • Heating: Hot Water

Condo/Co-op/Association

  • Common Features: Carpets, Hardwood

Fee Information

  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Schools

  • School District: Fort Madison

Lot Info

  • Acres: 0.11
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 40.00 X 120.00
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Multi Family

  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

MLS Schools

  • School District: 2322 - Fort Madison
  • School District Name: Fort Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2023
Sold by
Lorence Enterprises Llc
Bought by
M T Properties Llc
Current Estimated Value
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,299
Outstanding Balance
$408,967
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$325,634

Purchase Details

Closed on
Nov 27, 2007
Sold by
Armstrong Terriell J
Bought by
Mcvey Gray E and Mcvey Barbara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
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
M T Properties Llc $415,500 None Listed On Document
Mcvey Gray E $32,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M T Properties Llc $415,299
Previous Owner Lorence Enterprises Llc $235,750
Previous Owner Mcvey Gray E $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2014 11/14/14 Sold $60,000 0.0% $32 / Sq Ft
11/07/2014 11/07/14 Pending -- -- --
11/06/2014 11/06/14 For Sale $60,000 -- $32 / Sq Ft
Source: NoCoast MLS

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 $1,172 $58,280 $7,600 $50,680
2023 $1,330 $70,950 $7,600 $63,350
2022 $1,142 $57,790 $7,600 $50,190
2021 $1,142 $57,790 $7,600 $50,190
2020 $1,136 $54,490 $8,060 $46,430
2019 $1,106 $54,490 $8,060 $46,430
2018 $1,140 $51,400 $0 $0
2017 $1,082 $47,140 $0 $0
2016 $1,028 $47,140 $0 $0
2015 $1,028 $42,580 $0 $0
2014 -- $42,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5428754

NoCoast MLS

APN: 02-47-15-05-378-0060