NOT LISTED FOR SALE

499 W Hilton St Marengo, IA 52301

Estimated Value: $77,000 - $89,000

6 Beds
2 Baths
2,409 Sq Ft
$34/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $15,000 $6 Per Sq Ft

Est. 449% increase in value since last sale

Current estimated payment $538/month

1 Day on Market

Highlights

  • Living Room
  • 1-Story Property
  • Property is near schools

About This Home

As of August 2021

Investment Opportunity! Look at this 3-unit multifamily property! All 3 units are 2 bed 1 bath units, with one unit currently occupied, all on separate electric meters. With some TLC this property has potential for positive cash flow! Priced to sell, and is being sold AS IS. *Property is part of an Estate and not all expenses and details are readily available.

Last Agent to Sell the Property

Trent Forrest

Iowa Elite Marketing Group Listed on: 07/15/2021

Last Buyer's Agent

Trent Forrest

Iowa Elite Marketing Group Listed on: 07/15/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,074

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 70x90

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,409 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Oven or Range
  • Washer and Dryer Hookup

Basement

  • Exterior Basement Entry
  • Block Basement Construction

Parking

  • On-Street Parking
  • Off-Street Parking

Location

  • Property is near schools
  • Property is near shops

Schools

  • Iowa Valley Elementary And Middle School
  • Iowa Valley High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Separate Meters
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 7310-0904-1

Community Details

Overview

  • 3 Units
  • Gardners Subdivision

Building Details

  • Gross Income $4,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,074

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Photo Code1: Broker Loaded
  • Possible Finance: Cash, Conventional
  • Year Built: 1900
  • Tax Year Report: 2019
  • Subdivision: GARDNERS
  • Type Multi Family: 1 Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Sq Ft Above: 2409
  • Basement: Concrete, Entrance-Outside
  • Laundry: Hookups In Unit

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Parking: Off Street, Street

Utilities

  • Cooling: Window/Wall Units
  • Heating: Gas
  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Utilities Available: Electricity Ind. Meters, Garbage in Rent

Condo/Co-op/Association

  • Amenities: Sidewalks, Street Lights, Close to Market, Close to School, Close to Shopping

Schools

  • Elementary School: Iowa Valley
  • Middle School: Iowa Valley
  • High School: Iowa Valley
  • High School: Iowa Valley
  • Jr Middle School: Iowa Valley
  • Elementary School: Iowa Valley

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 70x90
  • Zoning: Urban/Multi-Res

Tax Info

  • Gross Tax County City: 1100
  • Assessor Parcel Number: 7310-0904-1

Multi Family

  • Units Total: 3

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
08/04/2021 08/04/21 Sold $15,000 -63.4% $6 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $41,000 -- $17 / Sq Ft
Source: Iowa City Area Association 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
2024 $1,074 $55,430 $9,450 $45,980
2023 $952 $55,430 $9,450 $45,980
2022 $950 $41,680 $9,450 $32,230
2021 $1,031 $41,680 $9,450 $32,230
2020 $1,100 $41,680 $9,450 $32,230
2019 $1,260 $41,680 $9,450 $32,230
2018 $1,242 $41,680 $9,450 $32,230
2017 $1,262 $41,680 $9,450 $32,230
2016 $1,286 $41,680 $9,450 $32,230
2015 -- $41,680 $9,450 $32,230
2014 -- $41,980 $11,620 $30,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202104139

Iowa City Area Association of REALTORS®

APN: 73-10-0904-1