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

Sale Details

Date 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

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

Closed on
Feb 28, 2022
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
$207,995
Interest Rate
0.0355%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 23, 2017
Closed on
Jul 19, 2018
Sold by
Bought by
Seller's Agent
Jill Armstrong
Skogman Realty Co.
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$225,000
Sold Price
$199,000
Premium/Discount to List
-$26,000
-11.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
0.045%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 28, 2015
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
$148,800
Interest Rate
0.038%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 30, 2009
Sold by
Bought by
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$230,000 None Listed On Document
$199,000 None Available
$186,000 None Available
-- None Available
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
Open $207,995
Previous Owner $215,000
Previous Owner $148,800
Previous Owner $200,162
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
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

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 $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

  • Section Image
See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20175678

Iowa City Area Association of REALTORS®

APN: 14221-56001-00000

Your Personal Tour Guide

Ask me questions while you tour the home.