NOT LISTED FOR SALE

309 W Adams Ave Fairfield, IA 52556

Estimated Value: $141,000 - $167,000

5 Beds
2 Baths
2,606 Sq Ft
$59/Sq Ft Est. Value

Last Sold April 02, 2020

Last sale price $95,000 $36 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,017/month

25 Days on Market

About This Home

As of April 2020

Nice triplex with new roof in 2016. Good rental history with two long-term tenants. Electric could be separately metered. Walking distance to library, shopping, & downtown. Be sure to look at this one when expanding your income portfolio.

Last Agent to Sell the Property

Tammy Dunbar

Fairfield Real Estate Listed on: 01/20/2020

Fairfield Real Estate

Last Buyer's Agent

Tammy Dunbar

Fairfield Real Estate Listed on: 01/20/2020

Fairfield Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,832

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 43x132

Home Design

  • Triplex
  • Wood Siding

Interior Spaces

  • 2,606 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $4,350
  • Insurance Expense $541
  • Gross Income $23,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,832

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: NEW PLAT E 43' 6 12
  • Municipality: Fairfield
  • Year Built: 1900
  • Stories: 2 Stories
  • Inspections: City Inspected
  • OFFICELIST_ADDRESS: 309 W Adams Avenue
  • Co Selling Office I D: 708
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2020-01-20
  • List Office I D: 708
  • Sales Office I D: 708
  • Selling Agent: 3822
  • Share Listings With: Broker Reciprocity, CoreLogic Listing License, Homes.com, Realtor.com, RPR Listing License
  • Street Designation: Avenue
  • Building Style: Triplex
  • Unit 1 Annual Rent: 9000
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Month Rent: 750
  • Unit 1 Number of Units: 1
  • Unit 1 Rooms Total: 4
  • Unit 2 Annual Rent: 8400
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Total Bathrooms: 1
  • Unit 2 Bedrooms: 2
  • Unit 2 Month Rent: 700
  • Unit 2 Number of Units: 1
  • Unit 2 Rooms Total: 4
  • Unit 3 Annual Rent: 5700
  • Unit 3 Bedrooms: 1
  • Unit 3 Month Rent: 475
  • Unit 3 Number of Units: 1
  • Unit 3 Rooms Total: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 2
  • Basement: Full
  • Price Per S Q F T: 36.45
  • Above Grade Finished Sq Ft: 2606
  • Room Types: Unit1 Bedroom 1, Unit1 Bedroom 2, Unit1 Bedroom 3, Unit1 Bedroom 4, Unit1 Dining Room, Unit1 Extra Room 1, Unit1 Extra Room 2, Unit1 Extra Room 3, Unit1 Extra Room 4, Unit1 Extra Room 5, Unit1 Extra Room 6, Unit1 Family Room, Unit1 Kitchen, Unit1 Living Room, Unit2 Bedroom 1, Unit2 Bedroom 2, Unit2 Bedroom 3, Unit2 Bedroom 4, Unit2 Dining Room, Unit2 Extra Room 1, Unit2 Extra Room 2, Unit2 Extra Room 3, Unit2 Extra Room 4, Unit2 Extra Room 5, Unit2 Extra Room 6, Unit2 Family Room, Unit2 Kitchen, Unit2 Living Room, Unit3 Bedroom 1, Unit3 Bedroom 2, Unit3 Bedroom 3, Unit3 Bedroom 4, Unit3 Dining Room, Unit3 Extra Room 1, Unit3 Extra Room 2, Unit3 Extra Room 3, Unit3 Extra Room 4, Unit3 Extra Room 5, Unit3 Extra Room 6, Unit3 Family Room, Unit3 Kitchen, Unit3 Living Room, Unit4 Bedroom 1, Unit4 Bedroom 2, Unit4 Bedroom 3, Unit4 Bedroom 4, Unit4 Dining Room, Unit4 Extra Room 1, Unit4 Extra Room 2, Unit4 Extra Room 3, Unit4 Extra Room 4, Unit4 Extra Room 5, Unit4 Extra Room 6, Unit4 Family Room, Unit4 Kitchen, Unit4 Living Room

Exterior Features

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Wood
  • Foundation Size: 1438

Garage/Parking

  • Fuel: Natural Gas, Electric

Utilities

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

Association/Amenities

  • Complex/Development/Subdivision: Fairfield

Fee Information

  • Expense Electric: 4350.46
  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Schools

  • School District: Unknown
  • School District Number: 999
  • School District Phone: 999-999-9999

Lot Info

  • Acres: 0.13
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 43x132
  • Lot Size Sq Ft: 5662.8
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: Yes
  • Rental License Type: Standard

Multi Family

  • Expense Insurance: 541
  • Expense Water Sewer: 2026.38
  • Total Units: 3
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

Tax Info

  • Tax With Assessments: 1832
  • Tax Year: 2018
  • Gross Taxes: 1832

MLS Schools

  • School District: 999 - Unknown
  • School District Name: Unknown

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2020 04/02/20 Sold $95,000 -24.0% $36 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $125,000 -- $48 / Sq Ft
Source: NoCoast MLS

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 $2,396 $144,400 $7,100 $137,300
2024 $2,396 $124,100 $7,100 $117,000
2023 $2,658 $124,100 $7,100 $117,000
2022 $3,062 $128,300 $9,600 $118,700
2021 $3,062 $95,000 $7,100 $87,900
2020 $1,738 $95,000 $7,100 $87,900
2019 $1,832 $81,000 $0 $0
2018 $1,756 $81,000 $0 $0
2017 $1,756 $100,900 $0 $0
2016 $2,218 $100,900 $0 $0
2015 $1,918 $84,800 $0 $0
2014 $1,918 $84,800 $0 $0
2013 $1,922 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5432797

NoCoast MLS

APN: 06-25-354-009