NOT LISTED FOR SALE

421 N 2nd St Wapello, IA 52653

Estimated Value: $108,000 - $141,000

5 Beds
3 Baths
1,656 Sq Ft
$75/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $113,000 $68 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $773/month

3 Days on Market

About This Home

As of June 2021

Good investment opportunity with this well maintained Triplex in Wapello. Main house is an duplex with a separate structure that features a 2 bedroom apartment and attached garage. All units are metered separately.

Last Agent to Sell the Property

Eric Schlutz

RUHL & RUHL REALTORS License #B43170000 Listed on: 05/10/2021

RUHL & RUHL REALTORS

Last Buyer's Agent

Eric Schlutz

RUHL & RUHL REALTORS License #B43170000 Listed on: 05/10/2021

RUHL & RUHL REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 60 x 149

Parking

  • 1 Car Attached Garage

Home Design

  • 1,656 Sq Ft Home

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 0827254009

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

8,930 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Items That Stay: Refrigerator, Stove
  • Zoning: R-3
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Above Grade Sq Ft: 1656.00
  • Basement YN: Yes

Garage/Parking

  • Garage Type: Attached
  • Garage Stalls Parking: 1.00

Utilities

  • Utilities Providers City Sewer: YES
  • Utilities Providers City Water: YES
  • Utilities Providers Natural Gas: YES
  • Utilities Providers Water Heater: YES
  • Number Electric Meters: 3
  • Number Furnaces: 3
  • Number Water Heaters: 3
  • Number Water Meters: 3

Schools

  • School District: Wapello

Lot Info

  • Prop Grp ID: 19990816212109142258000000
  • Lot Size: 60 x 149

Rental Info

  • Rent Income: 1425.00

Tax Info

  • Gross Taxes: 2306.11
  • Named Parcel Number: 0827254009

Multi Family

  • No. of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Jun 23, 2021
Sold by
Crump Wayne K and Crump Valarie J
Bought by
Cole Gerot Investments Llc
Seller's Agent
Eric Schlutz
RUHL & RUHL REALTORS
Buyer's Agent
Eric Schlutz
RUHL & RUHL REALTORS
List Price
$117,000
Sold Price
$113,000
Premium/Discount to List
-$4,000
-3.42%
Current Estimated Value
$124,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,999
Avg. Annual Appreciation
2.18%
Original Mortgage
$110,000
Outstanding Balance
$17,533
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$107,466
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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Purchase History

Date Buyer Sale Price Title Company
Cole Gerot Investments Llc $113,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Gerot Investments Llc $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2021 06/29/21 Sold $113,000 -3.4% $68 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $117,000 -- $71 / Sq Ft
Source: Muscatine Multiple Listing Service

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 $1,566 $97,410 $12,000 $85,410
2024 $1,572 $91,410 $12,000 $79,410
2023 $1,878 $91,410 $12,000 $79,410
2022 $2,152 $94,340 $6,720 $87,620
2021 $2,134 $94,340 $6,720 $87,620
2020 $2,134 $86,840 $5,810 $81,030
2019 $2,172 $86,840 $5,810 $81,030
2018 $2,316 $86,840 $5,810 $81,030
2017 $2,316 $86,840 $0 $0
2016 $1,636 $86,840 $5,810 $81,030
2015 $1,636 $86,840 $5,810 $81,030
2014 $1,658 $86,840 $5,810 $81,030
Source: Public Records

Agents Affiliated with this Home

  • Eric Schlutz

    Seller's Agent in 2021

    Eric Schlutz

    RUHL & RUHL REALTORS

    (563) 299-4407

    108 Total Sales

    Eric Schlutz
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Map

Source: Muscatine Multiple Listing Service

MLS Number: 21-244

Muscatine Multiple Listing Service

APN: 08-27-254-009

Iowa Louisa County Wapello 52653

421 N 2nd St, Wapello, IA

Not Listed for Sale

MultiFamily

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