Seller's Agent in 2025
Steve Davis
Equity Real Estate Group LLC
(563) 542-3519
47 Total Sales
3130 Lake Ridge Dr Unit 3150 Lake Ridge Driv Dubuque, IA 52003
--
Bed
--
Bath
12,837
Sq Ft
2024
Built
About This Home
As of June 2025New multi-family opportunity in Dubuque, Iowa with the ability to add value with an additional building. Plans are approved and the construction docs and finish specs could be conveyed to the new owner. With professional management in place, Building 1 is fully leased, Building 2 is just completed with strong pre-leasing activity. The complex offers great quality stock to a market that continues to show strong demand and leasing activity.
Last Agent to Sell the Property
Equity Real Estate Group LLC License #IL Listed on: 04/28/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2024
Parking
- Off-Street Parking
Home Design
- Poured Concrete
- Composition Shingle Roof
- Vinyl Siding
Kitchen
- Range
- Microwave
- Dishwasher
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Gas Available
Listing and Financial Details
- Tenant pays for gas, water, electric
- The owner pays for trash
- Assessor Parcel Number 1034132024
Community Details
Overview
- 28 Units
- Handicap Modified Features In Community
Building Details
- Insurance Expense $20,000
- Manager Expense $6
- Utility Expense $3,600
- Net Operating Income $329,680
Security
- Building Fire Alarm
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2025
Closed on
Jun 20, 2025
Sold by
Bm Properties Llc
Bought by
Cal5 Llc
Seller's Agent
Steve Davis
Equity Real Estate Group LLC
Buyer's Agent
Steve Davis
Equity Real Estate Group LLC
List Price
$4,500,000
Sold Price
$3,640,000
Premium/Discount to List
-$860,000
-19.11%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,136,996
Avg. Annual Appreciation
-94.76%
Purchase Details
Closed on
Oct 27, 2023
Sold by
Hansel Jeffrey S and Hansel Julie
Bought by
Bm Properties Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,640,000 | None Listed On Document | |
| Warranty Deed | $435,000 | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | Sold | $3,640,000 | -19.1% | $284 / Sq Ft |
| 05/04/2025 05/04/25 | Pending | -- | -- | -- |
| 04/28/2025 04/28/25 | For Sale | $4,500,000 | -- | $351 / Sq Ft |
Source: East Central Iowa Association of REALTORS®
Tax History Compared to Growth
Agents Affiliated with this Home
-
Steve Davis
Map
Source: East Central Iowa Association of REALTORS®
MLS Number: 151897
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