NOT LISTED FOR SALE
6 Beds
3 Baths
2,112 Sq Ft
3,920 Sq Ft Lot

Last Sold May 02, 2022

Last sale price $345,000 $163 Per Sq Ft

23 Days on Market

Highlights

  • Living Room
  • Property is near schools
  • Heating System Uses Gas
  • City High School Rated A-

About This Home

As of May 2022

Northside single family home converted into three unit investment property. Units #2 & #3 currently rented through July 2022 at $995/month and $675/month, respectively. Unit #1 rented through July 2023 at $1495/month. Leases include all utilities (gas, electric, water, and internet). One level could be owner occupied after July 2022 if so desired.

Last Agent to Sell the Property

Teague Case

Westwinds Real Estate Services, Inc. Listed on: 03/28/2022

Last Buyer's Agent

Tom Kaut

Urban Acres Real Estate

Urban Acres Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 50x80

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 2,112 Sq Ft Home
  • Living Room
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Location

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

Schools

  • Mann Elementary School
  • Southeast Middle School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1010157017

Community Details

Overview

  • 3 Units
  • Northside Historic Subdivision

Building Details

  • Electric Expense $1,175
  • Fuel Expense $1,175
  • Insurance Expense $1,400
  • Maintenance Expense $4,500
  • Water Sewer Expense $1,500
  • Gross Income $37,980

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Broker Loaded
  • Remarks: Northside single family home converted into three unit investment property. Units #2 & #3 currently rented through July 2022 at $995/month and $675/month, respectively. Unit #1 rented through July 2023 at $1495/month. Leases include all utilities (gas, electric, water, and internet). One level could be owner occupied after July 2022 if so desired.
  • Year Built: 1940
  • Tax Year Report: 2020
  • Subdivision: Northside Historic
  • Rental Permit: Yes
  • Water Annually: 1500
  • Directions: South on Dubuque St. left on Church St. right on N. Gilbert then left on N. Van Buren.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to School, Close to Shopping, On Bus Line
  • Basement Remarks: Block, Full
  • Possession R: Negotiable
  • Possible Finance R: 1031 Exchange, Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Sq Ft Above: 2112
  • Lower Level Sq Ft: 450

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 2 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Electric Annually: 1175
  • Gas Annually: 1175
  • Heating Cooling: Window/Wall Units, Electric, Gas, Radiant

Schools

  • Elementary School: Mann
  • Middle School: Southeast
  • High School: City
  • High School: City
  • Jr Middle School: Southeast
  • Elementary School: Mann

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 50x80
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 8574
  • Assessor Parcel Number: 1010157017

Multi Family

  • Units Total: 3

Range of Values:

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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 Change Sq Ft Price
05/02/2022 05/02/22 Sold $345,000 -2.8% $163 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $355,000 -- $168 / 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: 202201699

Iowa City Area Association of REALTORS®

APN: 1010157017