NOT LISTED FOR SALE

305 Hill St East Dubuque, IL 61025

Estimated Value: $875,337

-- Bed
-- Bath
3,072 Sq Ft
$285/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $678,000 $221 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,074/month

35 Days on Market

Highlights

  • Laundry Facilities
  • East Dubuque Junior High School Rated 9+
  • Radiant Heating System

About This Home

As of May 2017

Don't miss this great investment opportunity! Excellent returns and rental history. Features 16 units in total. There are 4 buildings each containing 3 - 2 bedroom apartments and 1 - 1 bedroom apartment. There are laundry facilities in each building and a large off street parking lot for all units. All units ( except 1 with a long term tenant) have been nicely updated by current owners within the last 10 years. Units are all electric which tenant pays. Good location at the corner of Hill & Plum Streets in East Dubuque.

Last Agent to Sell the Property

Brenda Charlson

Remax Advantage License #IL, WI Listed on: 01/18/2017

Remax Advantage

Last Buyer's Agent

Ryan Anglese

Ruhl & Ruhl Realtors License #IL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,657

Year Built

  • Built in 1976

Lot Details

  • 1.01

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Range

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for water, trash
  • Assessor Parcel Number 0550479006

Community Details

Building Details

  • Insurance Expense $4,171
  • Maintenance Expense $2,000
  • Utility Expense $4,741
  • Real Estate Tax Expense $14,836
  • Net Operating Income $65,812

Additional Features

  • 16 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,657

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: 2 Story
  • Style2: 2 Story
  • Type: 5 Or More Units
  • Year Built: 1976
  • Lvt Date: 01/18/2017
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Estimated Total Above Ground Sq Ft: 3072
  • Estimated Finished Sq Ft: 3072
  • Estimated Sq Ft: 3072
  • Estimated Main Sq Ft: 1536
  • Estimated Upper Sq Ft: 1536
  • Basement: Zero

Exterior Features

  • Foundation: Slab
  • Roof: Asp/Composite Shingle
  • Siding: Vinyl

Garage/Parking

  • Garage Feature: No Features
  • Parking: Off Street

Utilities

  • Cooling: Wall Unit
  • Fuel Type: Electric
  • Heat Type: Radiant

Condo/Co-op/Association

  • Amenities: Laundry Facilities

Schools

  • Elementary School: East Dubuque
  • Middle School: East Dubuque
  • High School: East Dubuque

Lot Info

  • Lot Size: 1.01
  • Parcel Id Number: 0550479006
  • Zoning: R4

Rental Info

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

Multi Family

  • Number Of Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2017
Closed on
May 1, 2017
Sold by
Rh Stewart Properties Llc
Bought by
Rca Home Solutions Llc
Seller's Agent
Brenda Charlson
Remax Advantage
Buyer's Agent
Ryan Anglese
Ruhl & Ruhl Realtors
List Price
$740,000
Sold Price
$678,000
Premium/Discount to List
-$62,000
-8.38%
Current Estimated Value
$875,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,337
Avg. Annual Appreciation
2.58%
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
Rca Home Solutions Llc $639,000 Attorney Only
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2017 05/01/17 Sold $678,000 -8.4% $221 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $740,000 -- $241 / 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
2024 $15,657 $220,465 $13,465 $207,000
2023 $17,560 $227,961 $24,793 $203,168
2022 $17,560 $214,572 $23,337 $191,235
2021 $16,490 $214,572 $23,337 $191,235
2020 $15,838 $202,790 $22,056 $180,734
2019 $14,208 $185,795 $5,061 $180,734
2018 $14,546 $185,795 $5,061 $180,734
2017 $14,422 $185,795 $5,061 $180,734
2016 $14,201 $185,795 $5,061 $180,734
2015 $14,835 $186,348 $5,060 $181,288
2014 $14,204 $186,348 $5,060 $181,288
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Central Iowa Association of REALTORS®

MLS Number: 131951

East Central Iowa Association of REALTORS®

APN: 05-504-790-06