NOT LISTED FOR SALE

307 Chicago St Audubon, IA 50025

Estimated Value: $48,000 - $116,000

Studio
1 Bath
1,300 Sq Ft
$61/Sq Ft Est. Value

Sale Details

Date Sold: December 16, 2022

Last sale price $61,500 $47 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $490 / mo

6 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Community Deck or Porch
  • Concrete Block With Brick
  • Forced Air Heating System

About This Home

As of December 2022

Great investment property opportunity! 307 & 309 Chicago St are being sold together as one property. This side-by-side duplex has two 1-bedroom, 1-bath units. Each has a large living room, full bathroom, bedroom and galley kitchen. The full basement has shared access for tenants. A driveway on the east side of the property leads to a 2-car detached garage. Units have historically been continuously rented. Currently the west duplex is vacant, and the east unit will be vacant by the end of November.

Last Agent to Sell the Property

Genelle Deist

Southwest Iowa Real Estate Co License #*** Listed on: 11/07/2022

Last Buyer's Agent

Molly Christensen

Audubon Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,422

Year Built

  • Built in 1941

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 72.5 x 100

Home Design

  • Duplex
  • Concrete Block With Brick
  • Frame Construction
  • Asphalt Shingled Roof
  • Slate

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating System

Community Details

Building Details

  • Insurance Expense $632
  • Maintenance Expense $1,500
  • Gross Income $8,340

Additional Features

  • 2 Units
  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,422

Year Built

Built in 1941

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Accessible: None
  • Construction Status: Previously Owned
  • Legal Description: W 72.5' LOTS 11 & 12 W 1/2 OF DUPLEX BLK 8 ORIGINAL TOWN & W 72.5' LOTS 11 & 12 E 1/2 OF DUPLEX BLK 8 ORIGINAL TOWN
  • Municipality: Audubon
  • Year Built: 1941
  • Stories: 1 Story
  • OFFICELIST_ADDRESS: 307 Chicago Street
  • Distribute To Internet: Yes
  • List Office I D: 175
  • Sales Office I D: 313
  • Selling Agent: 932
  • Street Designation: Street
  • Building Style: Duplex Side x Side
  • Unit 1 Air Conditioning: Window
  • Unit 1 Appliances: Range, Refrigerator, Washer, Dryer
  • Unit 1 Bathrooms Description: Main Floor Full Bath
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Sq Ft: 650
  • Unit 2 Air Conditioning: Central
  • Unit 2 Appliances: Range, Refrigerator, Washer, Dryer
  • Unit 2 Bathrooms Description: Main Floor Full Bath
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Bedrooms: 1
  • Unit 2 Sq Ft: 650
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Number of Ranges: One Per Unit
  • Basement: Full, Concrete Block, Storage Space, Shared Access
  • Price Per S Q F T: 47.31
  • Above Grade Finished Sq Ft: 1300
  • Below Grade Total Sq Ft: 1300
  • Fireplace: No
  • Total Finished Sq Ft: 1300

Exterior Features

  • Exterior: Slate
  • Foundation Size: 1300
  • Road Frontage: City Street, Paved Streets, Curbs, Sidewalks
  • Roof: Asphalt Shingles
  • Construction Type: Frame

Garage/Parking

  • Description: Detached Garage, Driveway - Gravel
  • Fuel: Natural Gas
  • Garage Sq Ft: 400

Utilities

  • Garage Stalls: 2
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected
  • Electric: Circuit Breakers

Condo/Co-op/Association

  • Shared: Deck
  • Common Features: Common Util. Room

Fee Information

  • Expense Repair: 1500
  • Annual Expense: 5054
  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Lot Info

  • Acres: 0.16
  • Geo Update Timestamp: 2022-11-07
  • Total Assessed Value: 32330
  • Assessment Pending: No
  • Homestead Description: None
  • Lot Dimensions: 72.5 x 100
  • Lot Size Sq Ft: 6969.6
  • Lot Size Units: Acres
  • Zoning: Residential-Multi-Family

Multi Family

  • Expense Insurance: 632
  • Expense Maintenance: 1500
  • Expenses: 5054
  • Number Of Refrigerators: One Per Unit
  • Tenant Expenses: Cable T.V., Electricity, Fuel, Lawn, Sewer, Snow Removal, Trash Collection, Water
  • Total Units: 2

Tax Info

  • Tax Year: 2021
  • Gross Taxes: 1422

MLS Schools

  • School District: 414 - Audubon

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
Nov 7, 2022
Closed on
Dec 1, 2022
Sold by
Bought by
Seller's Agent
Genelle Deist
Southwest Iowa Real Estate Co
Buyer's Agent
Molly Christensen
Audubon Real Estate
List Price
$65,000
Sold Price
$61,500
Premium/Discount to List
-$3,500
-5.38%
Views
5
Current Estimated Value
$79,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,062
Avg. Annual Appreciation
7.35%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
$72,500 None Listed On Document
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
12/16/2022 12/16/22 Sold $61,500 -5.4% $47 / Sq Ft
11/13/2022 11/13/22 Pending -- -- --
11/07/2022 11/07/22 For Sale $65,000 -- $50 / Sq Ft
Source: NoCoast MLS

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 $640 $38,000 $4,620 $33,380
2024 $640 $34,600 $4,620 $29,980
2023 $756 $34,600 $4,620 $29,980
2022 $706 $32,330 $4,620 $27,710
2021 $706 $32,330 $4,620 $27,710
2020 $718 $30,590 $4,010 $26,580
2019 $718 $28,190 $0 $0
2018 $690 $28,190 $0 $0
2017 $634 $24,440 $0 $0
2016 $588 $24,440 $0 $0
2015 $588 $24,440 $0 $0
2014 $536 $24,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6303982

NoCoast MLS

APN: 05-05-21-340-170

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