NOT LISTED FOR SALE

4885 Asbury Rd Dubuque, IA 52002

-- Bed
-- Bath
47,000 Sq Ft
1960 Built

Last Sold July 30, 2021

Last sale price $3,700,000 $79 Per Sq Ft

Highlights

  • Laundry Facilities
  • Carver Elementary School Rated 9+
  • Handicap Modified Features In Community

About This Home

As of July 2021

West end location near shopping, grocery, and restaurants. 41 unit senior living apartment complex. Mix of 1 and 2 bedroom units, new sprinkler system with new fire alarm . 17 units in lower level remodeled with new electric panels, Ptacs, painting carpet, some new cabinets. 24 units complete gut rehab on main floor with new plumbing, electrical, Ptac, flooring etc. Common area, large deck, laundry facilities for residents. Tenant pays electric(heat and AC). Landlord pays water, gas and garbage. ADA entry on both levels. Two acres to rear of property that could be expanded into more apartments or garages.

Last Agent to Sell the Property

Tom Kelzer

River Run Realty LLC Listed on: 09/29/2020

Last Buyer's Agent

Tom Kelzer

River Run Realty LLC Listed on: 09/29/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2-Story Property
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for gas, trash, water
  • Assessor Parcel Number 10202022017

Community Details

Overview

  • 41 Units
  • Handicap Modified Features In Community

Building Details

  • Insurance Expense $16,000
  • Maintenance Expense $15,000
  • Utility Expense $26,600
  • Real Estate Tax Expense $30,000
  • Net Operating Income $368,980

Additional Features

  • Laundry Facilities
  • Building Fire Alarm

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: 2 Story
  • Style2: 2 Story
  • Type: 5 Or More Units
  • Year Built: 1960
  • Lvt Date: 09/30/2020
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Range
  • Estimated Total Above Ground Sq Ft: 30000
  • Estimated Finished Sq Ft: 47000
  • Estimated Sq Ft: 47000
  • Estimated Lower Sq Ft: 17000
  • Estimated Main Sq Ft: 30000
  • Basement: Partial

Exterior Features

  • Foundation: Block
  • Roof: Asp/Composite Shingle
  • Siding: Brick

Garage/Parking

  • Parking: Off Street

Utilities

  • Fuel Type: Electric

Condo/Co-op/Association

  • Amenities: Handicap Access, Fire Alarm, Smoke Detectors, Fire Sprinklers, Laundry Facilities

Schools

  • Elementary School: Carver
  • Middle School: E. Roosevelt Middle
  • High School: S. Hempstead

Lot Info

  • Lot Size: 4.08
  • Parcel Id Number: 10202022017
  • Zoning: Multi Residential

Rental Info

  • Owner Pays: Gas, Trash, Water
  • Tenant Pays: Electric

Multi Family

  • Number Of Units: 41

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 List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $3,700,000 0.0% $79 / Sq Ft
01/05/2021 01/05/21 Off Market $3,700,000 -- --
01/05/2021 01/05/21 Pending -- -- --
09/29/2020 09/29/20 For Sale $3,800,000 -- $81 / Sq Ft
Source: East Central Iowa Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tom Kelzer

    River Run Realty LLC

    (563) 542-2898

    17 Total Sales

    Tom Kelzer
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Map

Source: East Central Iowa Association of REALTORS®

MLS Number: 141021

East Central Iowa Association of REALTORS®
Iowa Dubuque County Dubuque 52002

4885 Asbury Rd, Dubuque, IA

This home is located at 4885 Asbury Rd, Dubuque, IA 52002 since 29 September 2020. This property was built in 1960. 4885 Asbury Rd is a home located in Dubuque County with nearby schools including Carver Elementary School, Eleanor Roosevelt Middle School, and Hempstead High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Central Iowa Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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