NOT LISTED FOR SALE

408 Broadway St Muscatine, IA 52761

Estimated Value: $69,000 - $159,000

3 Beds
2 Baths
648 Sq Ft
$173/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $70,000 $108 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $767/month

86 Days on Market

Highlights

  • 1 Fireplace
  • Community Playground
  • Property is near shops
  • Living Room
  • Park
  • 2-minute walk to Fourth Street Park

About This Home

As of August 2023

Opportunity for a 2 unit rental. TLC needed. Single car garage with storage above. Large deck wrap around deck on lower unit. Upper unit has a large deck area. Lower unit has two bedrooms, Dining & Living room, Kitchen and one bath. Enclosed porch area on SE Corner. Upper unit has one bedroom, 1 Large Bathroom, Living/Dining, Eat in Kitchen, Pantry and Large hallway Closet. Unit has not been rented recently. Sold As-Is. Buyer and buyers agent to verify sq. ft. and schools. See Agent Remarks for submitting offers.

Last Agent to Sell the Property

Jeff Wallick

Keller Williams Legacy Group Listed on: 04/12/2023

Keller Williams Legacy Group

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,860

Year Built

  • Built in 1900

Lot Details

  • 6,970

Parking

  • 1 Parking Space

Home Design

  • Frame Construction

Interior Spaces

  • 648 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • No Kitchen Appliances

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement
  • Crawl Space

Schools

  • Muscatine Elementary And Middle School
  • Muscatine High School

Utilities

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

Additional Features

  • Lot Dimensions are 70 x 99
  • Property is near shops

Listing and Financial Details

  • Assessor Parcel Number 13021311012

Community Details

Overview

  • 2 Units
  • Muscatine Subdivision

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,860

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: Opportunity for a 2 unit rental. TLC needed. Single car garage with storage above. Large deck wrap around deck on lower unit. Upper unit has a large deck area. Lower unit has two bedrooms, Dining & Living room, Kitchen and one bath. Enclosed porch area on SE Corner. Upper unit has one bedroom, 1 Large Bathroom, Living/Dining, Eat in Kitchen, Pantry and Large hallway Closet. Unit has not been rented recently. Sold As-Is. Buyer and buyers agent to verify sq. ft. and schools. See Agent Remarks for submitting offers.
  • Year Built: 1900
  • Tax Year Report: 2022
  • Subdivision: Muscatine
  • Directions: Park Ave and Right on E 5th Street, Continue to W 5th Street and Turn Left on Broadway Street and right to home across for NW corner of Park
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • Amenities: Park, Playground, Close to Shopping
  • Basement Remarks: Crawl, Stone, Full, Unfinished
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Sq Ft Above: 648
  • Number of Fireplaces: 1
  • Lower Level Sq Ft: 1168

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Gas, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Muscatine
  • Middle School: Muscatine
  • High School: Muscatine
  • High School: Muscatine
  • Jr Middle School: Muscatine
  • Elementary School: Muscatine

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 70 x 99
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 1316
  • Assessor Parcel Number: 13021311012

Multi Family

  • Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2025
Sold by
Payne Austin and Payne Emma
Bought by
Castillo Hector F and Castillo Kim A
Current Estimated Value
$111,771

Purchase Details

Listed on
Apr 12, 2023
Closed on
Aug 10, 2023
Sold by
Cadog Management Group Llc
Bought by
Castillo Hector F and Castillo Kim A
Seller's Agent
Jeff Wallick
Keller Williams Legacy Group
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$89,900
Sold Price
$70,000
Premium/Discount to List
-$19,900
-22.14%
Views
464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.59%
Original Mortgage
$152,500
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2022
Sold by
Muscatine County
Bought by
Cadog Management Group Llc

Purchase Details

Closed on
Oct 12, 2018
Sold by
Wilson David A and Wilson Diana K
Bought by
Dillon William K and Almandinger Patti L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Castillo Hector F -- None Listed On Document
Castillo Hector F $70,000 None Listed On Document
Cadog Management Group Llc $45,101 --
Dillon William K $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castillo Hector F $152,500
Previous Owner Ebbo Eastern Management Llc $15,000,000
Previous Owner Dillon William K $64,000
Previous Owner Wilson Diana K $120,000
Previous Owner Wilson Diana K $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $70,000 -15.2% $108 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
06/20/2023 06/20/23 Price Changed $82,500 -5.2% $127 / Sq Ft
05/12/2023 05/12/23 Price Changed $87,000 -3.2% $134 / Sq Ft
04/12/2023 04/12/23 For Sale $89,900 -- $139 / 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 $1,860 $107,040 $24,150 $82,890
2023 $2,792 $106,816 $24,157 $82,659
2022 $1,564 $85,260 $22,790 $62,470
2021 $1,611 $73,500 $22,790 $50,710
2020 $1,492 $71,350 $20,640 $50,710
2019 $1,756 $79,460 $0 $0
2018 $1,728 $79,330 $0 $0
2017 $1,886 $83,520 $0 $0
2016 $1,888 $83,520 $0 $0
2015 $1,888 $103,590 $0 $0
2014 $2,358 $103,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202302012

Iowa City Area Association of REALTORS®

APN: 1302131012