NOT LISTED FOR SALE

436 S Central St Forest City, IA 50436

Estimated Value: $163,777 - $183,000

-- Bed
1 Bath
1,234 Sq Ft
$144/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $155,000 $126 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,174/month

4 Days on Market

Highlights

  • No Interior Steps
  • Forest City Middle School Rated A-
  • Forced Air Heating System

About This Home

As of July 2023

This unique property, currently rented as an upper/lower duplex, would make a great addition to an investment portfolio. Or, w/two finished levels, the duplex offers an opportunity for a buyer to live in one unit, & rent out the second unit. Building stairs between the two levels (if possible) would convert the duplex back into a single family residence. Exterior updates between 2019-2021 include a poured foundation, retaining wall, windows, front steps, & back yard pavers to the upper level 3-seasons room. Both 1,234 SF, the units offer spacious living & dining areas, two BRs, a full bath, & a dedicated laundry room. The UL is finished in a traditional style, while the totally updated LL has a clean, modern look. Off-street parking is available for both units. Each unit includes an updated furnace, central a/c, stove, refrigerator, microwave & washer/dryer. The tenants are responsible for paying their utilities. Info regarding rents, leases & landlord responsibilities is available.

Last Agent to Sell the Property

Janet Haugen

Realty ONE Group Black Diamond Listed on: 06/20/2023

Last Buyer's Agent

Janet Haugen

Realty ONE Group Black Diamond Listed on: 06/20/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,172

Year Built

  • Built in 1950

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 62' x 155'

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,234 Sq Ft Home
  • Basement Fills Entire Space Under The House

Additional Features

  • No Interior Steps
  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,172

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Accessible: No Stairs Internal
  • Legal Description: 36 98 24 Lot 7 Clarks Addition Block 11, Forest City, Winnebago County, IA - Per Assessor's Site
  • Municipality: Forest City
  • Year Built: 1950
  • Stories: 2 Stories
  • OFFICELIST_ADDRESS: 436 S Central Street
  • Distribute To Internet: Yes
  • List Office I D: 2760
  • Sales Office I D: 2760
  • Selling Agent: 3539
  • Street Designation: Street
  • Building Style: Duplex Up and Down
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Number of Ranges: One Per Unit
  • Basement: Full
  • Price Per S Q F T: 125.61
  • Above Grade Finished Sq Ft: 1234
  • Below Grade Finished Sq Ft: 1234
  • Below Grade Total Sq Ft: 1234
  • Fireplace: No
  • Total Finished Sq Ft: 1234

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt Shingles
  • Construction Type: Frame

Garage/Parking

  • Fuel: Natural Gas

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected
  • Electric: Circuit Breakers

Condo/Co-op/Association

  • Common Features: Security Deposit, Private Entrance, Vinyl/Laminate, W/D Hookups

Fee Information

  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Lot Info

  • Acres: 0.22
  • Geo Update Timestamp: 2023-06-24
  • Total Assessed Value: 133560
  • Assessment Pending: Unknown
  • Homestead Description: None
  • Lot Dimensions: 62' x 155'
  • Lot Size Sq Ft: 9583.2
  • Lot Size Units: Acres
  • Zoning: Residential-Single Family

Multi Family

  • Number Of Refrigerators: One Per Unit
  • Tenant Expenses: Electricity, Fuel, Sewer, Snow Removal, Trash Collection, Water
  • Total Units: 2

Tax Info

  • Tax Year: 2023
  • Gross Taxes: 2172

MLS Schools

  • School District: 2295 - Forest City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2009
Sold by
Buffington Andrew J and Buffington Keila S
Bought by
Determann Nicolas and Clausen Nicole
Current Estimated Value
$177,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,500
Interest Rate
5.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2008
Sold by
Knudtson Brian R and Knudtson Carmen L
Bought by
Buffington Andrew J and Buffington Keila S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
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
Determann Nicolas $67,000 None Available
Buffington Andrew J $142,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grok Llc $70,000
Closed Determann Nicolas R $20,000
Closed Determann Nicolas $68,500
Previous Owner Buffington Andrew J $17,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $155,000 +3.3% $126 / Sq Ft
07/02/2023 07/02/23 For Sale $150,000 -3.2% $122 / Sq Ft
06/27/2023 06/27/23 Off Market $155,000 -- --
06/27/2023 06/27/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $150,000 -- $122 / Sq Ft
Source: NoCoast MLS

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 $2,454 $133,560 $24,410 $109,150
2023 $2,410 $133,560 $24,410 $109,150
2022 $2,172 $107,950 $20,990 $86,960
2021 $2,182 $107,950 $20,990 $86,960
2020 $2,168 $102,810 $19,990 $82,820
2019 $1,982 $97,920 $0 $0
2018 $1,984 $97,920 $19,040 $78,880
2017 $1,924 $97,920 $19,040 $78,880
2016 $1,840 $91,970 $0 $0
2015 $1,840 $87,590 $0 $0
2014 $1,648 $87,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6309034

NoCoast MLS

APN: 1136307005