NOT LISTED FOR SALE
4 Beds
3 Baths
2,000 Sq Ft
1956 Built

Sale Details

Date Sold: May 7, 2019

Last sale price $135,000 $68 Per Sq Ft

4 Days on Market

Highlights

  • Brick or Stone Mason
  • Property is near schools
  • Dining Room
  • Living Room
  • Central Air
  • Heating System Uses Gas

About This Home

As of May 2019

Investor Alert! Four flex located within walking distance to Coe College and Mercy Hospital. Many updates within the building including a remodeled studio apartment. Units 1-3 leased with hardwood floors throughout. Unit 4 is a studio apartment that was recently remodeled and marketed for rent. Basement has coin laundry and storage for tenants. Initial showings are being set up for April 7th from 1:30-3:30pm to avoid disrupting tenants. Offers will be presented to seller on April 8th at 5pm.

Last Agent to Sell the Property

Bryant Nicholson

Affinity Real Estate Services Listed on: 04/03/2019

Affinity Real Estate Services

Last Buyer's Agent

Bryant Nicholson

Affinity Real Estate Services Listed on: 04/03/2019

Affinity Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Home Design

  • Brick or Stone Mason
  • Poured Concrete

Interior Spaces

  • 2,000 Sq Ft Home
  • Living Room
  • Dining Room
  • Oven or Range

Finished Basement

  • Sump Pump
  • Block Basement Construction

Location

  • Property is near schools

Schools

  • Johnson Elementary School
  • Mckinley Middle School
  • Metro High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 142243001300000

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $900
  • Fuel Expense $900
  • Insurance Expense $1,200
  • Maintenance Expense $1,200
  • Water Sewer Expense $1,800
  • Gross Income $24,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: Investor Alert! Four flex located within walking distance to Coe College and Mercy Hospital. Many updates within the building including a remodeled studio apartment. Units 1-3 leased with hardwood floors throughout. Unit 4 is a studio apartment that was recently remodeled and marketed for rent. Basement has coin laundry and storage for tenants. Initial showings are being set up for April 7th from 1:30-3:30pm to avoid disrupting tenants. Offers will be presented to seller on April 8th at 5pm.
  • Year Built: 1956
  • Rental Permit: Yes
  • Water Annually: 1800
  • Directions: I-380 to exit 20B to 7th Street Eastbond, 4-plex is the on the corner of 5th and 17th.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to School
  • Basement Remarks: Block, Poured Concrete, Sump Pump, Finished
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Sq Ft Above: 2000
  • Lower Level Sq Ft: 436

Exterior Features

  • Construction: Brick

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Electric Annually: 900
  • Gas Annually: 900
  • Heating Cooling: Window/Wall Units, Electric, Gas, Central

Condo/Co-op/Association

  • Fees Include: None

Schools

  • High School: Metro
  • Jr Middle School: Mckinley
  • Elementary School: Johnson

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: .083
  • Zoning: Multi-Res

Tax Info

  • Assessor Parcel Number: 142243001300000

Multi Family

  • Units Total: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2016
Closed on
Sep 14, 2016
Sold by
Bought by
Seller's Agent
John Foster
EXIT Realty Hawkeye
Buyer's Agent
Terry Stone
Home Navigator Real Estate
List Price
$112,900
Sold Price
$73,000
Premium/Discount to List
-$39,900
-35.34%

Purchase Details

Closed on
Mar 19, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 30, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,320
Interest Rate
0.0625%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$111,500 None Available
$132,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $106,320
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2019 05/07/19 Sold $135,000 -3.5% $68 / Sq Ft
04/03/2019 04/03/19 For Sale $139,900 +91.6% $70 / Sq Ft
09/15/2016 09/15/16 Sold $73,000 -35.3% $37 / Sq Ft View Prior Sale
08/23/2016 08/23/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $112,900 -- $56 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,412 $160,500 $8,100 $152,400
2024 $2,748 $149,100 $8,100 $141,000
2023 $2,748 $136,300 $8,100 $128,200
2022 $2,852 $130,300 $8,100 $122,200
2021 $2,848 $116,900 $8,100 $108,800
2020 $2,848 $107,900 $7,200 $100,700
2019 $2,976 $104,800 $7,200 $97,600
2018 $3,110 $104,800 $7,200 $97,600
2017 $3,110 $104,600 $7,200 $97,400
2016 $3,448 $104,600 $7,200 $97,400
2015 $3,904 $113,622 $7,200 $106,422
2014 $3,904 $97,014 $5,832 $91,182
2013 $3,528 $97,014 $5,832 $91,182
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20192065

Iowa City Area Association of REALTORS®
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