$73,000
SOLD SEP 15, 2016
5 Beds
4 Baths
2,000 Sq Ft
1956 Built

Recently Sold

$36 Per Sq Ft

35% Below List Price

207 Days on Market

Highlights

  • Living Room
  • Central Air
  • Heating System Uses Gas
  • Property is near schools

About This Home

As of May 2019

Turn-Key Income Property! Excellent location. Walking distance from Coe College and Mercy Hospital. Hardwood floors. Basement Storage for all units. Active Rental Permit. Active units filled. Perfect to start a property management business, to make some extra cash, or flip. 48 Hours Notice to Show.

Last Agent to Sell the Property

John Foster

EXIT Realty Hawkeye Listed on: 01/29/2016

Co-Listed By

Terry Stone

NextHome Navigator

NextHome Navigator

Last Buyer's Agent

Terry Stone

NextHome Navigator

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 60x60x60x60

Home Design

  • Poured Concrete

Interior Spaces

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

Finished Basement

  • Partial Basement
  • Sump Pump
  • Block Basement Construction
  • Crawl Space

Location

  • Property is near schools
  • Property is near shops

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
  • Wellington Heights Subdivision

Building Details

  • Security
  • Electric Expense $250
  • Fuel Expense $250
  • Insurance Expense $1,016
  • Maintenance Expense $173
  • Water Sewer Expense $1,500
  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: Turn-Key Income Property! Excellent location. Walking distance from Coe College and Mercy Hospital. Hardwood floors. Basement Storage for all units. Active Rental Permit. Active units filled. Perfect to start a property management business, to make some extra cash, or flip. 48 Hours Notice to Show.
  • Year Built: 1956
  • Tax Year Report: 2015
  • Subdivision: Wellington Heights
  • Rental Permit: Yes
  • Water Annually: 1500
  • Directions: From I-380 - Exit 20B to 7th St. Eastbound - Left onto 5th Ave. - 10 blocks to corner of 5th and 17th.
  • L O1 Dues Paid: y
  • Amenities: Security, Sidewalks, Street Lights, Close to School, Close to Shopping
  • Basement Remarks: Block, Poured Concrete, Crawl, Sump Pump, Finished, Partial
  • 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

Garage/Parking

  • Parking Spaces: None

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Electric Annually: 250
  • Gas Annually: 250
  • Heating Cooling: Window/Wall Units, Electric, Gas, Central

Condo/Co-op/Association

  • Fees Include: None

Schools

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

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 60x60x60x60
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 3904
  • Assessor Parcel Number: 142243001300000

Multi Family

  • Units Total: 4

Range of Values:

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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
05/07/2019 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
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 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: 20160611

Iowa City Area Association of REALTORS®