NOT LISTED FOR SALE
8 Beds
4 Baths
3,938 Sq Ft
1910 Built

Last Sold July 31, 2018

Last sale price $199,000 $51 Per Sq Ft

183 Days on Market

Highlights

  • Living Room
  • Property is near schools, shops, and bus stop
  • 3-minute walk to Redmond Park
  • Park
  • Forced Air Heating System

About This Home

As of July 2018

Fully rented 6 unit apartment building consisting of one building with 2 units and one building with 4 units. Several units have been updated. All units are 2 BR 1BA. Coin laundry included in the gross revenue. Requires 24 hour notice to show due to tenants. Units rent for as follows: 1635 Grande Unit A - $495 Unit B - $650 Unit C - $650 and Unit D $550. 345 17th and 347 17th rent for $600 each. Landlord pays gas & water/sewer for units A-D. The remaining units landlord pays water/sewer.

Last Agent to Sell the Property

Jill Armstrong

Skogman Realty Co. Listed on: 10/23/2017

Skogman Realty Co.

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Home Design

  • Poured Concrete

Interior Spaces

  • 3,938 Sq Ft Home
  • Living Room
  • Oven or Range

Schools

  • Grantwood-Cr Elementary School
  • Mckinley Middle School
  • Washington High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Internet Available

Additional Features

  • Lot Dimensions are 85x140
  • Property is near schools, shops, and bus stop

Listing and Financial Details

  • Assessor Parcel Number 14221-56001-00000

Community Details

Overview

  • 6 Units
  • Bever Park Subdivision

Recreation

  • Park

Building Details

  • Electric Expense $1,750
  • Fuel Expense $2,750
  • Insurance Expense $2,780
  • Maintenance Expense $2,779
  • Water Sewer Expense $867
  • Gross Income $43,140

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: Fully rented 6 unit apartment building consisting of one building with 2 units and one building with 4 units. Several units have been updated. All units are 2 BR 1BA. Coin laundry included in the gross revenue. Requires 24 hour notice to show due to tenants. Units rent for as follows: 1635 Grande Unit A - $495 Unit B - $650 Unit C - $650 and Unit D $550. 345 17th and 347 17th rent for $600 each. Landlord pays gas & water/sewer for units A-D. The remaining units landlord pays water/sewer.
  • Year Built: 1910
  • Subdivision: Bever Park
  • Rental Permit: Yes
  • Water Annually: 867.02
  • Directions: 1st Ave NE then turn right onto 12th St SE then turn left onto 3rd Ave SE follow to Park Ave SE and make a right. then turn left onto 17th St. SE.
  • L O1 Dues Paid: y
  • Amenities: Park, Sidewalks, Street Lights, Close to School, Close to Shopping, On Bus Line
  • Basement Remarks: Poured Concrete
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Sq Ft Above: 3938

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Electric Annually: 1750
  • Gas Annually: 2750
  • Heating Cooling: Window/Wall Units, Electric, Gas, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

  • High School: Washington
  • Jr Middle School: Mckinley
  • Elementary School: Grantwood-CR

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 85x140
  • Zoning: Apartment

Tax Info

  • Assessor Parcel Number: 14221-56001-00000

Multi Family

  • Units Total: 6
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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 List to Sale Price per Sq Ft
07/31/2018 07/31/18 Sold $199,000 -11.6% $51 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
10/23/2017 10/23/17 For Sale $225,000 -- $57 / Sq Ft
Source: Iowa City Area Association of REALTORS®

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 $4,236 $319,600 $26,800 $292,800
2024 $5,516 $299,300 $26,800 $272,500
2023 $5,516 $299,300 $26,800 $272,500
2022 $5,748 $261,500 $26,800 $234,700
2021 $5,788 $235,600 $26,800 $208,800
2020 $5,788 $219,200 $23,800 $195,400
2019 $5,830 $205,300 $23,800 $181,500
2018 $6,092 $205,300 $23,800 $181,500
2017 $3,972 $172,400 $23,800 $148,600
2016 $3,972 $186,900 $23,800 $163,100
2015 $4,426 $207,965 $23,800 $184,165
2014 $4,426 $207,965 $23,800 $184,165
2013 $4,330 $207,965 $23,800 $184,165
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20175678

Iowa City Area Association of REALTORS®

APN: 14221-56001-00000

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