NOT LISTED FOR SALE

300 Bartlett St Muscatine, IA 52761

Estimated Value: $101,000 - $123,000

4 Beds
2 Baths
1,536 Sq Ft
$73/Sq Ft Est. Value

Last Sold March 13, 2019

Last sale price $76,250 $50 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $820/month

About This Home

As of March 2019

Annual Rent: $12,600. Annual Insurance: $800. Annual Taxes: $1,844. Net Income: $9,956. Cap Rate: 11.7%. Duplex with 2) 2 bedroom, 1 bathroom units. Both currently rented. Listing Agent is a partner with the Seller in other ventures. Listing agent has no ownership in this property. Photo is from the MAGIC website due to weather.

Last Agent to Sell the Property

Daniel Oien

FIRST CHOICE REAL ESTATE License #B44442000 Listed on: 02/02/2019

Last Buyer's Agent

Daniel Oien

FIRST CHOICE REAL ESTATE License #B44442000 Listed on: 02/02/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,430

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 50x136

Parking

  • 2 Car Garage

Home Design

  • 1,536 Sq Ft Home

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0835179001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,430

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Items That Stay: Refrigerator, Stove
  • Zoning: Residential
  • Insurance: 800.00
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Above Grade Sq Ft: 1536.00

Garage/Parking

  • Garage Type: Detached
  • Garage Stalls Parking: 2.00

Utilities

  • Utilities Providers Cable Tv: MPW
  • Utilities Providers City Sewer: MPW
  • Utilities Providers City Water: MPW
  • Utilities Providers Electricity: MPW
  • Utilities Providers Heat: Gas
  • Utilities Providers Internet: MPW
  • Utilities Providers Natural Gas: Alliant Energy
  • Utilities Providers Water Heater: Electric
  • Number Electric Meters: 2
  • Number Furnaces: 2
  • Number Water Heaters: 2
  • Number Water Meters: 2

Schools

  • School District: Muscatine
  • School District: Muscatine

Lot Info

  • Prop Grp ID: 19990816212109142258000000
  • Lot Size: 50x136

Rental Info

  • Rent Income: 12600.00

Tax Info

  • Gross Taxes: 1844.00
  • Named Parcel Number: 0835179001

Multi Family

  • No. of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2024
Sold by
Kelly Timothy R and Kelly Stephanie S
Bought by
Lazy River Campground Llc
Current Estimated Value
$111,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,723
Outstanding Balance
$481,735
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$353,533

Purchase Details

Listed on
Feb 2, 2019
Closed on
Mar 13, 2019
Sold by
R & R Apartments Inc
Bought by
Kelly Timothy R and Kelly Stephanie S
Seller's Agent
Daniel Oien
FIRST CHOICE REAL ESTATE
Buyer's Agent
Daniel Oien
FIRST CHOICE REAL ESTATE
List Price
$85,000
Sold Price
$76,250
Premium/Discount to List
-$8,750
-10.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.46%
Original Mortgage
$76,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2007
Sold by
Lorentzen Mitchell R and Lorentzen Mary E
Bought by
R & R Apartments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.55%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Lazy River Campground Llc -- None Listed On Document
Kelly Timothy R $76,500 None Available
R & R Apartments Inc $68,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lazy River Campground Llc $495,723
Previous Owner Kelly Timothy R $76,250
Previous Owner R & R Apartments Inc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2019 03/13/19 Sold $76,250 -10.3% $50 / Sq Ft
02/02/2019 02/02/19 Pending -- -- --
02/02/2019 02/02/19 For Sale $85,000 -- $55 / Sq Ft
Source: Muscatine Multiple Listing Service

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 $2,430 $120,380 $17,570 $102,810
2023 $2,090 $120,119 $17,575 $102,544
2022 $1,946 $105,340 $16,580 $88,760
2021 $1,946 $95,330 $16,580 $78,750
2020 $1,912 $90,960 $16,580 $74,380
2019 $1,876 $84,950 $0 $0
2018 $1,844 $84,640 $0 $0
2017 $1,912 $84,640 $0 $0
2016 $1,914 $84,640 $0 $0
2015 $1,914 $83,360 $0 $0
2014 $1,898 $83,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Muscatine Multiple Listing Service

MLS Number: 19-62

Muscatine Multiple Listing Service

APN: 0835179001