NOT LISTED FOR SALE

321 S 8th St Burlington, IA 52601

Estimated Value: $64,000 - $110,000

4 Beds
5 Baths
2,628 Sq Ft
$36/Sq Ft Est. Value

Last Sold March 29, 2021

Last sale price $50,000 $19 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $630/month

306 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • Carpet

About This Home

As of March 2021

Here's your chance to add to your investment portfolio! 4-plex opportunity that's ready to go. The main floor has an efficiency unit & a 1 bedroom unit. The top floor has another efficiency unit & a 2 bedroom/2 bathroom unit. Coin Laundry on-site for all tenants. Secure building with a common entry.

Last Agent to Sell the Property

Jon Salvador

Century 21/Property Profession Listed on: 05/27/2020

Century 21/Property Profession

Last Buyer's Agent

Larisa Conner

Ruhl & Ruhl, REALTORS

Ruhl & Ruhl, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,069

Year Built

  • Built in 1870

Lot Details

  • 3,659 Sq Ft Lot
  • Lot Dimensions are 35x105

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Wood Siding

Interior Spaces

  • 2,628 Sq Ft Home
  • Carpet
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,069

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: BURLINGTON BARRETS SUB BLOCK:950 LOT:13 N 15'& S 1/2 LOT 14
  • Municipality: Burlington
  • Year Built: 1870
  • Stories: 2 Stories
  • OFFICELIST_ADDRESS: 321 S 8th Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2020-05-28
  • List Office I D: 838
  • Sales Office I D: 561
  • Selling Agent: 4486
  • Share Listings With: Broker Reciprocity, CoreLogic Listing License, Homes.com, Realtor.com, RPR Listing License
  • Street Designation: Street
  • Building Style: Quadruplex
  • Unit 1 Air Conditioning: Window
  • Unit 1 Appliances: Range, Refrigerator
  • Unit 1 Fireplace Chars: Living Room
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Total Bathrooms: 2
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplace Number: 1
  • Unit 1 Month Rent: 800
  • Unit 1 Number of Units: 1
  • Unit 1 Rooms Total: 6
  • Unit 1 Sq Ft: 1
  • Unit 2 Appliances: Range, Refrigerator
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Total Bathrooms: 1
  • Unit 2 Bedrooms: 1
  • Unit 2 Month Rent: 450
  • Unit 2 Number of Units: 2
  • Unit 2 Rooms Total: 2
  • Unit 2 Sq Ft: 1
  • Unit 3 Appliances: Range, Refrigerator
  • Unit 3 Fireplace Chars: Living Room
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Total Bathrooms: 1
  • Unit 3 Bedrooms: 1
  • Unit 3 Fireplace Number: 1
  • Unit 3 Month Rent: 650
  • Unit 3 Number of Units: 1
  • Unit 3 Rooms Total: 4
  • Unit 3 Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: One Per Unit
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Basement: Full
  • Price Per S Q F T: 19.03
  • Above Grade Finished Sq Ft: 2628
  • 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

Garage/Parking

  • Description: On-Street Parking Only
  • Fuel: Natural Gas, Electric

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Condo/Co-op/Association

  • Shared: Coin-op Laundry Owned
  • Common Features: Blinds/Shades, Carpets, Private Entrance

Association/Amenities

  • Complex/Development/Subdivision: Barrets Sub

Fee Information

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

Schools

  • School District: Burlington
  • School District Phone: 319-753-6791

Lot Info

  • Acres: 0.08
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 35x105
  • Lot Size Sq Ft: 3659.04
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Multi Family

  • Number Of Refrigerators: One Per Unit
  • Tenant Expenses: Cable T.V., Electricity, Fuel
  • Total Units: 4
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

Tax Info

  • Tax With Assessments: 1069
  • Tax Year: 2019
  • Gross Taxes: 1069

MLS Schools

  • School District: 882 - Burlington
  • School District Name: Burlington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2021
Sold by
Jamie Billings
Bought by
Greysteele Properties Llc
Current Estimated Value
$94,000

Purchase Details

Listed on
May 27, 2020
Closed on
Mar 2, 2021
Sold by
Sourwine Ronald Gerald and Sourwine Reta Jean
Bought by
Billings Jamie
Seller's Agent
Jon Salvador
Century 21/Property Profession
Buyer's Agent
Larisa Conner
Ruhl & Ruhl, REALTORS
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.13%
Original Mortgage
$52,000
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Greysteele Properties Llc -- None Listed On Document
Billings Jamie $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Billings Jamie $52,000
Previous Owner Billings Jamie $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2021 03/29/21 Sold $50,000 -16.5% $19 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $59,900 0.0% $23 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
12/28/2020 12/28/20 For Sale $59,900 +19.8% $23 / Sq Ft
12/26/2020 12/26/20 Off Market $50,000 -- --
11/30/2020 11/30/20 For Sale $59,900 +19.8% $23 / Sq Ft
11/28/2020 11/28/20 Off Market $50,000 -- --
08/19/2020 08/19/20 For Sale $59,900 0.0% $23 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $59,900 -- $23 / 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
2024 $1,430 $73,600 $4,700 $68,900
2023 $1,250 $73,600 $4,700 $68,900
2022 $1,366 $57,000 $4,700 $52,300
2021 $1,366 $57,000 $4,700 $52,300
2020 $1,070 $38,100 $4,700 $33,400
2019 $1,156 $38,100 $0 $0
2018 $1,166 $38,100 $4,700 $33,400
2017 $1,166 $35,700 $0 $0
2016 $1,260 $35,700 $0 $0
2015 $1,260 $35,700 $0 $0
2014 $1,330 $32,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5573697

NoCoast MLS

APN: 16-05-261-014