NOT LISTED FOR SALE
5 Beds
4 Baths
1,755 Sq Ft
8,400 Sq Ft Lot

Sale Details

Date Sold: December 31, 2020

Last sale price $72,000 $41 Per Sq Ft

48 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Wood Siding
  • Covered Patio or Porch

About This Home

As of December 2020

Great investment opportunity!! Includes off street parking spaces. If all apartment units are rented gross income would be $1,935 monthly. This home is on a corner and also has an address of 1106 W 3rd St. Long-term tenant in 1106 W 3rd with access to half of basement including laundry. 3 other units currently Vacant.

Last Agent to Sell the Property

Heather Brady

Coldwell Banker Elevated Real Estate License #S6150700 Listed on: 10/02/2020

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 140 x 60
  • Corner Lot

Home Design

  • Quadruplex
  • Block Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Laundry on lower level

Parking

  • 4 Open Parking Spaces
  • No Garage
  • On-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Irving Elementary School
  • Central Middle School
  • West High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, heat
  • Assessor Parcel Number 891326304005

Community Details

Overview

  • 4 Units

Building Details

  • Water Sewer Expense $1,350
  • Gross Income $23,220
  • Net Operating Income $17,253

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

8,400 Sq Ft Lot

Listing Details

  • Parcel Number: 891326304005
  • Year Built: 1900
  • Property Sub-Type: Fourplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Lower Level
  • ResoLotFeatures: Corner Lot
  • Lot Size Acres: 0.193
  • Road Frontage Type: Hard Surface Road
  • Co List Office Phone: 319-277-2121
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1755
  • Architectural Style: Two Story, Quadruplex
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Below Grade Sq Ft: 915

Exterior Features

  • Construction Type: Wood Siding
  • Exterior Features: Porch-Covered
  • Siding: Wood

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: None, Street Parking

Utilities

  • Cooling: Window Unit(s)
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Garbage in Rent, Gas Individual Meters, Master Metered, Separate Meters, Water in Rent
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 1350

Schools

  • Elementary School: Irving Elementary
  • High School: West High
  • Middle Or Junior School: Central

Lot Info

  • Zoning: R-4
  • Lot Dimensions: 140 x 60
  • Lot Size Sq Ft: 8400
  • Additional Parcels: No

Rental Info

  • Tenant Pays: Electricity, Heat
  • Lease Term: Over 9 Months

Multi Family

  • Gross Income: 23220
  • Number Of Units Total: 4
  • Net Operating Income: 17253

Tax Info

  • Tax Annual Amount: 2069

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
Oct 2, 2020
Closed on
Dec 31, 2020
Sold by
Bought by
Seller's Agent
Heather Brady
Coldwell Banker Elevated Real Estate
List Price
$74,900
Sold Price
$72,000
Premium/Discount to List
-$2,900
-3.87%

Purchase Details

Closed on
Feb 28, 2012
Sold by
Bought by

Purchase Details

Closed on
Jun 5, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 28, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,250
Interest Rate
7.45%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$72,000 Title Services Corporation
$72,000 None Available
$14,000 Black Hawk County Abstract &
$85,000 Black Hawk County Abstract C
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $76,250
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
12/31/2020 12/31/20 Sold $72,000 -3.9% $41 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $74,900 -- $43 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

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 $2,252 $107,440 $9,110 $98,330
2024 $2,252 $103,800 $9,110 $94,690
2023 $1,576 $103,800 $9,110 $94,690
2022 $2,116 $71,780 $9,110 $62,670
2021 $2,254 $71,780 $9,110 $62,670
2020 $2,466 $71,780 $9,110 $62,670
2019 $424 $62,670 $0 $62,670
2018 $2,718 $62,670 $0 $62,670
2017 $2,863 $62,670 $0 $62,670
2016 $2,520 $62,510 $0 $62,510
2015 $2,520 $62,510 $0 $62,510
2014 $2,674 $71,620 $9,110 $62,510
Source: Public Records

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20205009

Northeast Iowa Regional Board of REALTORS®
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