NOT LISTED FOR SALE

409 6th Ave Coralville, IA 52241

8 Beds
4 Baths
724 Sq Ft
1983 Built

Last Sold November 16, 2016

Last sale price $1,950,000 $2,693 Per Sq Ft

250 Days on Market

Highlights

  • Brick or Stone Mason
  • Living Room
  • Heating System Uses Steam
  • West High School Rated A
  • Property is near schools

About This Home

As of November 2016

This 24 unit condo complex is in a great location close to the new downtown area and close to the bus line. Sale includes 409 and 413 6th Ave. These are being sold together. Many updates and many long term tenants. 48 hour notice tenant rights and letter of funds or pre approval required prior to all showings at the request of the seller. No sign is present at the property.

Last Agent to Sell the Property

Lisa Lynes

Ruhl&Ruhl, Realtors Listed on: 03/10/2016

Ruhl&Ruhl, Realtors

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 724 Sq Ft Home
  • Living Room
  • Oven or Range

Location

  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

  • Central Elementary School
  • Northwest Middle School
  • West High School

Utilities

  • Heating System Uses Steam
  • Heating System Mounted To A Wall or Window
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number *

Community Details

Overview

  • 24 Units

Building Details

  • Electric Expense $2,130
  • Insurance Expense $5,002
  • Maintenance Expense $7,714
  • Water Sewer Expense $599
  • Gross Income $197,042

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Broker Loaded
  • Remarks: This 24 unit condo complex is in a great location close to the new downtown area and close to the bus line. Sale includes 409 and 413 6th Ave. These are being sold together. Many updates and many long term tenants. 48 hour notice tenant rights and letter of funds or pre approval required prior to all showings at the request of the seller. No sign is present at the property.
  • T Val: 1950000
  • Year Built: 1983
  • Tax Year Report: 2014
  • Rental Permit: Yes
  • Water Annually: 598.93
  • Directions: From 5th Street south on 6th Ave
  • L O1 Dues Paid: y
  • Amenities: Close to School, Close to Shopping, On Bus Line
  • Possession R: At Closing
  • Possible Finance R: 1031 Exchange, Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Sq Ft Above: 724

Exterior Features

  • Construction: Brick

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Electric Annually: 2130
  • Heating Cooling: Window/Wall Units, Steam/Hotwater

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Central
  • Middle School: Northwest
  • High School: West
  • High School: West
  • Jr Middle School: Northwest
  • Elementary School: Central

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: *
  • Zoning: multi family

Tax Info

  • Gross Tax County City: 29757.34
  • Assessor Parcel Number: *

Multi Family

  • Units Total: 24

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

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2016 11/16/16 Sold $1,950,000 -2.5% $2,693 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $2,000,000 -- $2,762 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20161656

Iowa City Area Association of REALTORS®