NOT LISTED FOR SALE

469 Main St Lansing, IA 52151

Estimated Value: $154,000 - $178,000

3 Beds
2 Baths
1,092 Sq Ft
$152/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $145,000 $133 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,100/month

61 Days on Market

Highlights

  • Patio
  • Forced Air Heating System
  • Heating System Uses Steam
  • Kee High School Rated A-
  • Garage

About This Home

As of March 2024

Are you looking for your next investment property? Look no further at this River Town Duplex with over 4 streams of income! This property features 2 apartment rentals for a total of 5 bedrooms. 2 separate detached garages (1 stall & 2 stall). A pass-through driveway from Main Street to the back alley is an excellent feature for parking and/or getting to the garages! Large fenced-in side yard.

Last Agent to Sell the Property

Jack Sweeney

Sweeney Real Estate Brokerage Email: office@sweeneyrealestate.com License #B027410 Listed on: 12/14/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,118

Year Built

  • Built in 1873

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 75x120

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Stone Basement

Parking

  • Garage
  • 3 Open Parking Spaces

Outdoor Features

  • Patio

Schools

  • Lansing Elementary And Middle School
  • Lansing High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Steam
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, heat, water
  • Assessor Parcel Number 0829406003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,118

Year Built

Built in 1873

Lot Details

0

Listing Details

  • Parcel Number: 0829406003
  • Year Built: 1873
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: None
  • Lot Size Acres: 0.21
  • Road Frontage Type: Hard Surface Road
  • Attribution Contact: office@sweeneyrealestate.com
  • Co List Office Phone: 563-568-4170
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1092
  • Architectural Style: Two Story
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Stone/Rock
  • Below Grade Sq Ft: 868

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Patio
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 3
  • Parking Features: Garage, Detached

Utilities

  • Cooling: None
  • Heating: Forced Air, Gas, Steam
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Gas Individual Meters, Water - Multiple Meters
  • Water Source: City

Schools

  • Elementary School: Lansing
  • High School: Lansing
  • Middle Or Junior School: Lansing

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 75x120
  • Lot Size Sq Ft: 9000

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Heat, Water
  • Lease Term: Over 9 Months

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2023
Closed on
Mar 27, 2024
Sold by
Jnj Investments Llc
Bought by
Hammell Nicholas R and Hammell Melissa L
Seller's Agent
Jack Sweeney
Sweeney Real Estate
List Price
$170,000
Sold Price
$145,000
Premium/Discount to List
-$25,000
-14.71%
Views
66
Current Estimated Value
$165,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,744
Avg. Annual Appreciation
9.32%
Original Mortgage
$155,000
Outstanding Balance
$115,878
Interest Rate
6.26%
Mortgage Type
Credit Line Revolving
Estimated Equity
$49,866
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
Hammell Nicholas R $145,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammell Nicholas R $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2024 03/29/24 Sold $145,000 -14.7% $133 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
12/14/2023 12/14/23 For Sale $170,000 +36.0% $156 / Sq Ft
01/25/2021 01/25/21 Sold $125,000 -10.4% $114 / Sq Ft View Prior Sale
01/04/2021 01/04/21 Pending -- -- --
12/15/2020 12/15/20 Price Changed $139,500 -6.7% $128 / Sq Ft
10/06/2020 10/06/20 For Sale $149,500 -- $137 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

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
2025 $2,620 $169,600 $23,900 $145,700
2024 $2,620 $149,300 $14,000 $135,300
2023 $3,480 $195,100 $14,000 $181,100
2022 $3,118 $152,500 $14,000 $138,500
2021 $3,166 $152,500 $14,000 $138,500
2020 $3,166 $146,100 $14,000 $132,100
2019 $2,834 $128,100 $0 $0
2018 $2,786 $128,100 $0 $0
2017 $2,786 $117,700 $0 $0
2016 $2,404 $117,700 $0 $0
2015 $2,404 $117,700 $0 $0
2014 $2,226 $116,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20235210

Northeast Iowa Regional Board of REALTORS®

APN: 08-29-406-003