NOT LISTED FOR SALE

415 Avenue E Fort Madison, IA 52627

Estimated Value: $126,000 - $145,000

4 Beds
4 Baths
-- Sq Ft
0.33 Acres Lot

Sale Details

Date Sold: March 18, 2022

Last sale price $108,000

Est. 25% increase in value since last sale

Current estimated payment $928 / mo

About This Home

As of March 2022

Great Income Property! The major work has been done- renovations have been made to all 4 of these spacious 1200+ sq. ft. 2 bedroom units. Updated kitchens and baths help make these super nice apartments in a great location across from Old Settler's Park. Call Today for more information!

Last Agent to Sell the Property

Carrie Fraise

Fraise Auction & Real Estate License #*** Listed on: 03/07/2022

Last Buyer's Agent

Carrie Fraise

Fraise Auction & Real Estate License #*** Listed on: 03/07/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1870

Lot Details

  • 0.33

Parking

  • 4

Home Design

  • Brick Exterior Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Additional Features

  • Lot Dimensions are 100x145
  • Hot Water Heating System

Community Details

  • Gross Income $34,524

Listing and Financial Details

  • Tenant pays for cable t.v., electricity

Property Details

Home Type

Multi-Family

Year Built

Built in 1870

Lot Details

0.33 Acres

Parking

4

Listing Details

  • Property Sub Type: Quadruplex
  • Year Built: 1870
  • Stories: 2
  • Property Type: Residential Income
  • Co List Office Mls Id: NOC28616
  • Special Features: VirtualTour

Interior Features

  • Basement: Full, Unfinished, Storage Space
  • Owner Pays: Insurance, Lawn Care, Snow Removal, Taxes, Trash Collection, Water

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Detached Garage, Garage

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: SEIA

Schools

  • Junior High Dist: Fort Madison

Lot Info

  • Lot Dimensions: 100x145
  • Lot Size Units: Acres
  • Development Status: 0

Rental Info

  • Tenant Pays: Cable T.V., Electricity

Tax Info

  • Tax Year: 2021

Multi Family

  • Maintenance Expense: 3500
  • Property Net Operating Income: 18132
  • Annual Operating Expense: 16392

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
Mar 17, 2022
Sold by
Volkan Properties 1 Llc
Bought by
415 Avenue E Llc
Seller's Agent
Carrie Fraise
Fraise Auction & Real Estate
Buyer's Agent
Carrie Fraise
Fraise Auction & Real Estate
List Price
$160,000
Sold Price
$108,000
Premium/Discount to List
-$52,000
-32.5%
Current Estimated Value
$134,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,707
Avg. Annual Appreciation
5.51%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
415 Avenue E Llc $108,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2022 03/18/22 Sold $108,000 -32.5% --
03/07/2022 03/07/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $160,000 -- --
Source: NoCoast MLS

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 $2,623 $109,440 $16,160 $93,280
2024 $2,318 $115,180 $16,160 $99,020
2023 $2,088 $115,180 $16,160 $99,020
2022 $1,176 $90,740 $16,160 $74,580
2021 $1,176 $50,470 $16,160 $34,310
2020 $2,206 $81,820 $16,160 $65,660
2019 $2,318 $81,820 $16,160 $65,660
2018 $2,632 $81,820 $0 $0
2017 $2,572 $81,820 $0 $0
2016 $2,766 $81,820 $0 $0
2015 $2,766 $81,820 $0 $0
2014 $2,632 $71,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6160670

NoCoast MLS

APN: 02-47-15-03-251-0150

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