NOT LISTED FOR SALE

325 E Main St Washington, IA 52353

Estimated Value: $137,000 - $170,000

5 Beds
4 Baths
1,493 Sq Ft
$99/Sq Ft Est. Value

Last Sold August 02, 2022

Last sale price $126,000 $84 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,048/month

37 Days on Market

Highlights

  • 3 Fireplaces
  • Intercom
  • Forced Air Heating and Cooling System
  • Double Oven
  • Living Room
  • Ceiling Fan

About This Home

As of August 2022

Three-unit apartment building full of character with natural woodwork, hardwood floors, original lead glass windows and three fireplaces. Apartment one has a long-term tenant (11 years) and features 1 bedroom, an office, living room & eat-in kitchen. Apartment 2 has a beautiful front porch, 1-bedroom, new carpet and fresh paint, the upstairs apartment has 3 bedrooms 1.5 baths. All apartments have access to the basement with the laundry room. New roof, newer gas forced air furnaces, new deck.

Last Agent to Sell the Property

Patty Elliott

Elliott Realty Group Listed on: 06/14/2022

Last Buyer's Agent

Patty Elliott

Elliott Realty Group Listed on: 06/14/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,648

Year Built

  • Built in 1896

Lot Details

  • Lot Dimensions are 72x140

Home Design

  • Frame Construction

Interior Spaces

  • 1,493 Sq Ft Home
  • Ceiling Fan
  • 3 Fireplaces
  • Living Room
  • Basement Fills Entire Space Under The House
  • Intercom

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Trash Compactor

Schools

  • Washington Elementary And Middle School
  • Washington High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1117411004

Community Details

Overview

  • 3 Units

Building Details

  • Security
  • Fuel Expense $2,439
  • Insurance Expense $1,380
  • Maintenance Expense $1,200
  • Water Sewer Expense $3,000
  • Gross Income $22,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,648

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: Three-unit apartment building full of character with natural woodwork, hardwood floors, original lead glass windows and three fireplaces. Apartment one has a long-term tenant (11 years) and features 1 bedroom, an office, living room & eat-in kitchen. Apartment 2 has a beautiful front porch, 1-bedroom, new carpet and fresh paint, the upstairs apartment has 3 bedrooms 1.5 baths. All apartments have access to the basement with the laundry room. New roof, newer gas forced air furnaces, new deck.
  • Year Built: 1896
  • Tax Year Report: 2020
  • Rental Permit: Yes
  • Water Annually: 3000
  • Directions: Highway 92 into Washington, turn North on 4th Avenue, and West on East Main.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Security, Sidewalks, Street Lights
  • Basement Remarks: Full
  • Possession R: At Closing
  • Possible Finance R: Cash
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Oven, Double Oven, Intercom/Radio, Microwave, Trash Compactor
  • Sq Ft Above: 1493
  • Number of Fireplaces: 3
  • Lower Level Sq Ft: 1634

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: None

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Gas Annually: 2438.64
  • Heating Cooling: Ceiling Fans, Gas, Central, Forced Air

Schools

  • Elementary School: Washington
  • Middle School: Washington
  • High School: Washington
  • High School: Washington
  • Jr Middle School: Washington
  • Elementary School: Washington

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 72X140
  • Zoning: Residential

Rental Info

  • Lease Value: 126000

Tax Info

  • Gross Tax County City: 3607.07
  • Assessor Parcel Number: 1117411004

Multi Family

  • Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Aug 1, 2022
Sold by
Voss Daniel M and Widmer Beth
Bought by
Craig Hunter C
Seller's Agent
Patty Elliott
Elliott Realty Group
Buyer's Agent
Patty Elliott
Elliott Realty Group
List Price
$140,000
Sold Price
$126,000
Premium/Discount to List
-$14,000
-10%
Total Days on Market
37
Current Estimated Value
$147,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,991
Avg. Annual Appreciation
5.77%
Original Mortgage
$113,400
Outstanding Balance
$109,359
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$38,632
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
Craig Hunter C $126,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craig Hunter C $113,400
Previous Owner Voss Daniel M $96,105
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Price Changed $126,000 0.0% $84 / Sq Ft
08/02/2022 08/02/22 Sold $126,000 -10.0% $84 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $140,000 -- $94 / Sq Ft
Source: Iowa City Area Association of REALTORS®

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 $2,648 $127,800 $24,200 $103,600
2023 $3,406 $127,800 $24,200 $103,600
2022 $3,882 $141,300 $24,200 $117,100
2021 $3,882 $141,300 $24,200 $117,100
2020 $3,816 $126,800 $24,200 $102,600
2019 $3,670 $116,300 $0 $0
2018 $3,772 $114,800 $0 $0
2017 $3,772 $112,600 $0 $0
2016 $3,992 $112,500 $0 $0
2015 $3,992 $94,600 $0 $0
2014 $3,412 $94,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patty Elliott

    Seller's Agent in 2022

    Patty Elliott

    Elliott Realty Group

    (319) 548-1576

    109 Total Sales

    Patty Elliott
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202203678

Iowa City Area Association of REALTORS®

APN: 11-17-411-004

Iowa Washington County Washington 52353

325 E Main St, Washington, IA

This home is located at 325 E Main St, Washington, IA 52353 since 14 June 2022 and is currently estimated at $147,991, approximately $99 per square foot. This property was built in 1896. 325 E Main St is a home located in Washington County with nearby schools including Stewart Elementary School, Lincoln Upper Elementary School, and Washington Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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