Seller's Agent in 2024
Steven Burke
Burke Real Estate
(507) 251-0644
69 Total Sales
500 Pike St Ridgeway, IA 52165
--
Bed
--
Bath
12,802
Sq Ft
2.21
Acre Lot
Highlights
- Laundry closet
- Baseboard Heating
- Wood Siding
About This Home
As of October 2024Great investment opportunity! Three apartment buildings with a total of 18 units. The buildings have a total of 8 two bedroom and 10 one bedroom apartments. The apartments have exterior entrances and off-street parking. Coin operated laundry is located in each building. A lit sidewalk leads from the parking lots to each apartment. Ridgeway is a quiet rural community located in between Decorah and Cresco, Iowa, There is currently a housing shortage in the area. This fully occupied property has been well maintained and is ready for new owners. Financial information and appraisal available to qualified buyers with a signed NDA. West Building - Age: 1978 Square Footage: 5,264 Number of Apartments: 8 Center Building - Age: 1974 Square Footage: 3,377 Number of Apartments: 5 East Building - Age: 1972 Square Footage: 4,161 Number of Apartments: 5
Last Agent to Sell the Property
Burke Real Estate License #B44679 Listed on: 09/06/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 2.21 Acre Lot
- Additional Parcels
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Wood Siding
Interior Spaces
- 12,802 Sq Ft Home
- Crawl Space
- Laundry closet
Parking
- 10 Open Parking Spaces
- No Garage
- Parking Available
- Paved Parking
Schools
- Crestwood Elementary School
- Cresco Middle School
- Cresco High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Baseboard Heating
Community Details
- 18 Units
Listing and Financial Details
- Tenant pays for electricity, heat
- Assessor Parcel Number 092322700500
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 6, 2024
Closed on
Oct 17, 2024
Sold by
Bought by
Seller's Agent
Steven Burke
Burke Real Estate
Buyer's Agent
Steven Burke
Burke Real Estate
List Price
$900,000
Sold Price
$633,000
Premium/Discount to List
-$267,000
-29.67%
Views
15
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,000
Outstanding Balance
$423,151
Interest Rate
6.12%
Mortgage Type
New Conventional
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Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $633,000 | None Listed On Document |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $443,000 | ||
| Closed | $443,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2024 10/31/24 | Sold | $633,000 | -29.7% | $49 / Sq Ft |
| 09/25/2024 09/25/24 | Pending | -- | -- | -- |
| 09/06/2024 09/06/24 | For Sale | $900,000 | -- | $70 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | -- | $418,000 | $43,200 | $374,800 |
| 2024 | -- | $547,550 | $27,000 | $520,550 |
| 2023 | -- | $547,550 | $27,000 | $520,550 |
| 2022 | $0 | $423,440 | $22,500 | $400,940 |
| 2021 | $0 | $397,140 | $24,080 | $373,060 |
| 2020 | $0 | $397,140 | $24,080 | $373,060 |
| 2019 | $0 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
| 2016 | -- | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Burke
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20244005
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Listings courtesy of Northeast Iowa Regional Board of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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