NOT LISTED FOR SALE

306 2nd St SE Independence, IA 50644

Independence Area

Estimated Value: $125,000 - $147,493

5 Beds
2 Baths
837 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: May 10, 2022

Last sale price $98,000 $117 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $909 / mo

Highlights

  • Porch
  • Garage
  • Wood Siding
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

Entered for statistical purposes only. Downtown duplex. South apartment has living room, kitchen & 1/2 bath on main floor. 2 bedrooms & full bath up. North apartment has living room, kitchen & full bath on main floor & 2 bedrooms up. Both apartments have access to the full basement with laundry hookups. Rents are $625/mo on south side and $700/mo. on north side which includes use of 2-stall detached garage. Landlord pays all utilities, tenants responsible for lawn & snow removal. Newer roof, windows & electrical. Stainless appliances included in both units. Shared water heater.

Last Agent to Sell the Property

Curt Martin

RE/MAX Independence Realty Brokerage Phone: 563-920-8212 License #B56021000 Listed on: 04/07/2022

RE/MAX Independence Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,506

Year Built

  • Built in 1900

Lot Details

  • 6,307 Sq Ft Lot
  • Lot Dimensions are 53' x 119'

Home Design

  • Duplex
  • Block Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Interior Basement Entry
  • Laundry on lower level

Parking

  • Garage
  • 2 Open Parking Spaces
  • On-Street Parking
  • Off-Site Parking

Outdoor Features

  • Porch

Schools

  • Independence Elementary And Middle School
  • Independence High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for lawn care, snow removal
  • Assessor Parcel Number 1004278020

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $3,112
  • Gross Income $1,325

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,506

Year Built

Built in 1900

Lot Details

6,307 Sq Ft Lot

Listing Details

  • Parcel Number: 1004278020
  • Year Built: 1900
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.145
  • Road Frontage Type: Hard Surface Road
  • Attribution Contact: CELL: 563-920-8212
  • Co List Office Phone: 319-334-5703
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 837
  • Architectural Style: Two Story, Duplex
  • Reso Roof: Metal
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Entrance-Inside
  • Below Grade Sq Ft: 816

Exterior Features

  • Construction Type: Wood Siding
  • Exterior Features: Sidewalk, Porch
  • Siding: Wood

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: Detached, Garage, Off Site, On Street

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Electric in Rent, Garbage in Rent, Gas in Rent, Water in Rent
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 3112

Schools

  • Elementary School: Independence
  • High School: Independence
  • Middle Or Junior School: Independence

Lot Info

  • Zoning: C-1
  • Lot Dimensions: 53' x 119'
  • Lot Size Sq Ft: 6307

Rental Info

  • Tenant Pays: Lawn Care, Snow Removal
  • Lease Term: Over 9 Months,Month to Month

Multi Family

  • Gross Income: 1325
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1506

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
May 9, 2022
Sold by
Bought by
Seller's Agent
Curt Martin
RE/MAX Independence Realty
List Price
$98,000
Sold Price
$98,000
Current Estimated Value
$139,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,623
Avg. Annual Appreciation
8.84%

Purchase Details

Closed on
May 4, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
0.0656%
Mortgage Type
New Conventional
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$98,000 Brian C Eddy Of Robert & Eddy
$50,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner --
Previous Owner $55,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/10/2022 05/10/22 Sold $98,000 0.0% $117 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $98,000 -- $117 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,800 $104,440 $12,340 $92,100
2024 $1,800 $89,830 $11,020 $78,810
2023 $1,746 $89,830 $11,020 $78,810
2022 $1,518 $72,140 $8,750 $63,390
2021 $1,506 $72,140 $8,750 $63,390
2020 $1,506 $66,260 $7,950 $58,310
2019 $1,468 $66,260 $7,950 $58,310
2018 $1,406 $63,720 $7,950 $55,770
2017 $1,390 $63,720 $7,950 $55,770
2016 $1,370 $62,130 $4,740 $57,390
2015 $1,370 $62,130 $4,740 $57,390
2014 $1,396 $62,130 $4,740 $57,390
Source: Public Records

Agents Affiliated with this Home

  • Curt Martin

    Seller's Agent in 2022

    Curt Martin

    RE/MAX

    (563) 920-8212

    1 in this area

    153 Total Sales

    Curt Martin
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20221959

Northeast Iowa Regional Board of REALTORS®

APN: 10.04.278.020

Iowa Buchanan County Independence 50644

306 2nd St SE, Independence, IA

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Northeast Iowa Regional Board of REALTORS® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Northeast Iowa Regional Board of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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