NOT LISTED FOR SALE

500 Park Ave Muscatine, IA 52761

Estimated Value: $130,000 - $144,000

5 Beds
4 Baths
2,452 Sq Ft
$56/Sq Ft Est. Value

Last Sold March 12, 2020

Last sale price $116,200 $47 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $944/month

9 Days on Market

About This Home

As of March 2020

Seller is licensed agent in the state of Iowa.

Last Agent to Sell the Property

Steve Welk

RUHL & RUHL REALTORS License #B16183000 Listed on: 01/21/2020

RUHL & RUHL REALTORS

Last Buyer's Agent

Pete Hatfield

EXIT REALTY GROUP License #B04593000

EXIT REALTY GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,252

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 86 x 58

Parking

  • 4 Car Garage

Home Design

  • 2,452 Sq Ft Home

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0836177013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,252

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Items That Stay: Refrigerator, Stove
  • Zoning: S-2
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Above Grade Sq Ft: 2452.00

Garage/Parking

  • Garage Stalls Parking: 4.00

Utilities

  • Utilities Providers City Sewer: YES
  • Utilities Providers City Water: YES
  • Utilities Providers Electricity: YES
  • Utilities Providers Heat: Gas
  • Utilities Providers Natural Gas: YES
  • Utilities Providers Water Heater: Gas
  • Number Electric Meters: 4
  • Number Furnaces: 4
  • Number Water Heaters: 4
  • Number Water Meters: 1

Schools

  • School District: Muscatine
  • School District: Muscatine

Lot Info

  • Prop Grp ID: 19990816212109142258000000
  • Lot Size: 86 x 58

Rental Info

  • Rent Income: 22620.00

Tax Info

  • Gross Taxes: 2560.00
  • Named Parcel Number: 0836177013

Multi Family

  • No. of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2016
Sold by
Stanbro David L and Stanbro Amy C
Bought by
Welk Steven R and Welk Debra M
Current Estimated Value
$138,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.43%
Mortgage Type
Future Advance Clause Open End 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
Welk Steven R $82,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Welk Steven R $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Sold $116,200 -8.9% $47 / Sq Ft
01/30/2020 01/30/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $127,500 -- $52 / Sq Ft
Source: Muscatine Multiple Listing Service

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 $2,252 $132,380 $13,060 $119,320
2023 $2,252 $129,394 $13,070 $116,324
2022 $2,572 $116,850 $12,330 $104,520
2021 $2,572 $107,000 $12,330 $94,670
2020 $2,466 $100,160 $5,490 $94,670
2019 $2,560 $87,970 $0 $0
2018 $2,714 $87,970 $0 $0
2017 $2,830 $86,470 $0 $0
2016 $3,032 $86,470 $0 $0
2015 $3,032 $80,910 $0 $0
2014 $2,974 $80,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Muscatine Multiple Listing Service

MLS Number: 20-57

Muscatine Multiple Listing Service

APN: 0836177013