NOT LISTED FOR SALE

430 7th Ave S Clinton, IA 52732

Estimated Value: $94,741 - $506,000

5 Beds
-- Bath
1,897 Sq Ft
$109/Sq Ft Est. Value

Last Sold May 04, 2012

Last sale price $73,000 $38 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $1,208/month

About This Home

As of May 2012

Great Investment Property with an outstanding rental history. MUST SEE the interior to appreciate. Very nice 2-story, 5-unit complex. The main house has 4 units, while the 5th unit is a detached bungalow (560 sq. ft.). The property has all new vinyl windows and all new electrical wiring. The roof was installed in 2001. Each unit contains its own high-efficiency furnace. Three new gas water heaters have recently been installed. The tenants pay gas and electric. This property is very clean and very well maintained.

Last Agent to Sell the Property

Steve Riojas

Ruhl&Ruhl REALTORS Clinton License #S60799000/475.135281 Listed on: 03/05/2012

Last Buyer's Agent

Steve Riojas

Ruhl&Ruhl REALTORS Clinton License #S60799000/475.135281 Listed on: 03/05/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,276

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Clinton Elementary School
  • Clinton High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric only, gas only

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: CLINTON LOT 5 BLK 31
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Full
  • Price Per Sq Ft: 38.48
  • Total Sq Ft: 1897

Exterior Features

  • Exterior: Wood Siding
  • Road Access: Curbs & Gutters, Paved

Garage/Parking

  • Number Parking Spaces: 5

Utilities

  • Heating Cooling: Forced Air, Gas, No Cooling, Water Heater - Gas
  • Water Sewer Expenses: 1158

Schools

  • Elementary School: Clinton
  • Middle School: Clinton
  • High School: Clinton High
  • Elementary School: Clinton
  • High School: Clinton High

Lot Info

  • Estimated Lot Size: 8400 sqft
  • Estimated Number of Acres: 0.193
  • Lot Description: Level
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: Electric Only, Gas Only
  • Gross Annual Rent Income: 2150
  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 2180.79
  • Parcel Id Number Tax Id: 008-80-17420000

Multi Family

  • Total Number Units: 5
  • Total Number Electric Meters: 5
  • Total Number Heating Units: 5
  • Total Number Water Heaters: 5
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Clinton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2019
Sold by
Mcintyre Rhonda
Bought by
Clinton City Of
Current Estimated Value
$207,435

Purchase Details

Closed on
May 13, 2019
Sold by
Mcintyre Rhonda
Bought by
Clinton City Of

Purchase Details

Listed on
Mar 5, 2012
Closed on
May 4, 2012
Sold by
Herrera Michael T and Herrera Diane
Bought by
Co Illowa Investments Llc
Seller's Agent
Steve Riojas
Ruhl&Ruhl REALTORS Clinton
Buyer's Agent
Steve Riojas
Ruhl&Ruhl REALTORS Clinton
List Price
$84,900
Sold Price
$73,000
Premium/Discount to List
-$11,900
-14.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,481
Interest Rate
4.08%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2005
Sold by
Herrera Jesse E
Bought by
Herrera Michael T
Source: Public Records

Range of Values:

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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
Clinton City Of $10,647 --
Clinton City Of $10,647 --
Co Illowa Investments Llc $73,000 None Available
Herrera Michael T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Co Illowa Investments Llc $68,481
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2012 05/04/12 Sold $73,000 -14.0% $38 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $84,900 -- $45 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

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
2024 -- $8,280 $0 $0
2023 $1,342 $7,200 $0 $0
2022 $1,342 $7,200 $0 $0
2021 $1,440 $52,090 $9,000 $43,090
2020 $1,440 $52,090 $9,000 $43,090
2019 $1,712 $0 $0 $0
2018 $2,981 $0 $0 $0
2017 $6,420 $0 $0 $0
2016 $1,866 $0 $0 $0
2015 $1,866 $52,090 $0 $0
2014 $1,952 $52,090 $0 $0
2013 $2,080 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC15177

RMLS Alliance

APN: 80-1742-0000