NOT LISTED FOR SALE

2850 Central Ave Dubuque, IA 52001

Estimated Value: $139,000 - $158,000

3 Beds
2 Baths
3,024 Sq Ft
$49/Sq Ft Est. Value

Last Sold March 13, 2015

Last sale price $74,000 $24 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $880/month

121 Days on Market

About This Home

As of March 2015

Put Your Money to Work for You-In this stunning Duplex on Central Ave-In the heart of Downtown-with many updates and Great Cash Flow- Well maintained-$79,900

Last Agent to Sell the Property

Linsy Adams

EXIT Unlimited Listed on: 10/05/2014

Last Buyer's Agent

Jaime Lukens

New Eagle Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 60x90

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

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

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Gas Available

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for gas, water, heat, trash
  • Assessor Parcel Number 1013156004

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $640
  • Utility Expense $2,220
  • Real Estate Tax Expense $1,144
  • Net Operating Income $9,436

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: 2 Story
  • Style2: 2 Story
  • Type: Duplex
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Estimated Total Above Ground Sq Ft: 2016
  • Estimated Finished Sq Ft: 3024
  • Estimated Sq Ft: 3024
  • Estimated Lower Sq Ft: 1008
  • Estimated Main Sq Ft: 1008
  • Estimated Upper Sq Ft: 1008
  • Basement: Full

Exterior Features

  • Foundation: Rock
  • Roof: Asp/Composite Shingle
  • Siding: Brick, Vinyl

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Detached – 2
  • Parking: Off Street
  • Garage Type: Detached

Utilities

  • Cooling: Central Air, Window Unit
  • Fuel Type: Gas
  • Heat Type: Forced Air

Condo/Co-op/Association

  • Amenities: Smoke Detectors

Lot Info

  • Lot Size: 60X90
  • Parcel Id Number: 1013156004
  • Zoning: RESIDENTIAL

Rental Info

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

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2014
Closed on
Mar 13, 2015
Sold by
Richard Properties Llc
Bought by
Avenarius Robertson Llc
Seller's Agent
Linsy Adams
EXIT Unlimited
Buyer's Agent
Jaime Lukens
New Eagle Realty LLC
List Price
$82,900
Sold Price
$74,000
Premium/Discount to List
-$8,900
-10.74%
Current Estimated Value
$142,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,193
Avg. Annual Appreciation
6.65%
Original Mortgage
$55,500
Outstanding Balance
$42,445
Interest Rate
3.64%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$106,439

Purchase Details

Closed on
Feb 10, 2012
Sold by
Gaul Cheryl A
Bought by
Richard Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,300
Interest Rate
3.87%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 6, 2008
Sold by
Koster Mary M and Keuter Mark
Bought by
Keuter Mark and Keuter Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5%
Mortgage Type
Seller Take Back
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
Avenarius Robertson Llc $74,000 None Available
Richard Properties Llc $63,000 None Available
Keuter Mark $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avenarius Robertson Llc $55,500
Previous Owner Richard Properties Llc $65,300
Previous Owner Keuter Mark $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2015 03/13/15 Sold $74,000 -10.7% $24 / Sq Ft
02/03/2015 02/03/15 Pending -- -- --
10/05/2014 10/05/14 For Sale $82,900 -- $27 / 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 $1,722 $119,500 $19,600 $99,900
2024 $1,722 $119,700 $18,400 $101,300
2023 $1,672 $119,700 $18,400 $101,300
2022 $1,500 $90,680 $13,820 $76,860
2021 $1,500 $90,680 $13,820 $76,860
2020 $1,418 $80,790 $13,820 $66,970
2019 $1,420 $79,720 $13,820 $65,900
2018 $1,398 $76,400 $12,900 $63,500
2017 $1,520 $76,400 $12,900 $63,500
2016 $1,520 $78,710 $12,900 $65,810
2015 $1,490 $78,710 $12,900 $65,810
2014 $1,172 $63,670 $12,900 $50,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Central Iowa Association of REALTORS®

MLS Number: 126720

East Central Iowa Association of REALTORS®

APN: 10-13-156-004