NOT LISTED FOR SALE

504 N Court St Fairfield, IA 52556

Estimated Value: $150,000 - $222,000

3 Beds
4 Baths
3,552 Sq Ft
$52/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $90,000 $25 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $965/month

83 Days on Market

Highlights

  • Hot Water Heating System
  • Wood Siding
  • 2-minute walk to Utopia Park

About This Home

As of May 2014

RARE INVESTMENT OPPORTUNITY Excellent income $1,370 a month from this well-built fully rented 3,500 sq. ft. 4-unit property in convenient location, close to major amenities. Tenants pay all utilities. Radiator heat. Although currently spacious 1 bed apartments, 3 of the 4 apartments could be upgraded to have a 2nd bedroom = higher income. Some infrastructure updates needed. Roof new in 2005, exterior painted 2010. Mostly wood floors, some carpeted. Very solid stone/block foundation. Coin washing machine. Big porch for bikes etc. East-facing. Close to Everybody's, BP gas station, Sondheim Center, Courthouse. Owner can live 'free' in one unit. Alley to south with parking. Full feature sheet available from list office. All expenses for 2012.

Last Agent to Sell the Property

Andrew Edlin

Miller Realty Listed on: 11/14/2013

Last Buyer's Agent

Andrew Edlin

Miller Realty Listed on: 11/14/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31

Year Built

  • Built in 1890

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132

Home Design

  • 3,552 Sq Ft Home
  • Duplex
  • Wood Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Hot Water Heating System

Community Details

  • 4 Units
  • Insurance Expense $84

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: Henn Williams 2 15 City of Fairfield
  • Municipality: Fairfield
  • Year Built: 1890
  • Stories: 2 Stories
  • OFFICELIST_ADDRESS: 504 N Court Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2013-11-14
  • List Office I D: 848
  • M L Number Foreign: SEIA22015368
  • Sales Office I D: 848
  • Selling Agent: 3802
  • Share Listings With: Broker Reciprocity
  • Street Designation: Street
  • Building Style: Duplex Other
  • Unit 1 Annual Rent: 197280
  • Unit 1 Full Bathrooms: 4
  • Unit 1 Total Bathrooms: 4
  • Unit 1 Bedrooms: 3
  • Unit 1 Month Rent: 16440
  • Unit 1 Number of Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Price Per S Q F T: 25.34
  • Above Grade Finished Sq Ft: 3552
  • Room Types: Unit1 Bedroom 1, Unit1 Bedroom 2, Unit1 Bedroom 3, Unit1 Bedroom 4, Unit1 Dining Room, Unit1 Extra Room 1, Unit1 Extra Room 2, Unit1 Extra Room 3, Unit1 Extra Room 4, Unit1 Extra Room 5, Unit1 Extra Room 6, Unit1 Family Room, Unit1 Kitchen, Unit1 Living Room, Unit2 Bedroom 1, Unit2 Bedroom 2, Unit2 Bedroom 3, Unit2 Bedroom 4, Unit2 Dining Room, Unit2 Extra Room 1, Unit2 Extra Room 2, Unit2 Extra Room 3, Unit2 Extra Room 4, Unit2 Extra Room 5, Unit2 Extra Room 6, Unit2 Family Room, Unit2 Kitchen, Unit2 Living Room, Unit3 Bedroom 1, Unit3 Bedroom 2, Unit3 Bedroom 3, Unit3 Bedroom 4, Unit3 Dining Room, Unit3 Extra Room 1, Unit3 Extra Room 2, Unit3 Extra Room 3, Unit3 Extra Room 4, Unit3 Extra Room 5, Unit3 Extra Room 6, Unit3 Family Room, Unit3 Kitchen, Unit3 Living Room, Unit4 Bedroom 1, Unit4 Bedroom 2, Unit4 Bedroom 3, Unit4 Bedroom 4, Unit4 Dining Room, Unit4 Extra Room 1, Unit4 Extra Room 2, Unit4 Extra Room 3, Unit4 Extra Room 4, Unit4 Extra Room 5, Unit4 Extra Room 6, Unit4 Family Room, Unit4 Kitchen, Unit4 Living Room

Exterior Features

  • Exterior: Other, Wood
  • Roof: Other

Utilities

  • Heating: Hot Water

Fee Information

  • Annual Expense: 5676
  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Schools

  • School District: Fairfield

Lot Info

  • Acres: 0.2
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 66 X 132
  • Lot Size Sq Ft: 8712
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Multi Family

  • Expense Insurance: 84
  • Total Units: 4
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

MLS Schools

  • School District: 2169 - Fairfield
  • School District Name: Fairfield

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Inga E Frick Revocable Trust $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $90,000 -14.3% $25 / Sq Ft
02/05/2014 02/05/14 Pending -- -- --
11/14/2013 11/14/13 For Sale $105,000 -- $30 / Sq Ft
Source: NoCoast MLS

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 $31 $165,800 $13,200 $152,600
2023 $3,056 $165,800 $13,200 $152,600
2022 $2,884 $142,300 $13,200 $129,100
2021 $2,884 $142,300 $13,200 $129,100
2020 $2,272 $108,300 $13,200 $95,100
2019 $2,452 $108,500 $0 $0
2018 $2,164 $108,500 $0 $0
2017 $2,164 $104,400 $0 $0
2016 $1,834 $92,100 $0 $0
2015 $3,444 $87,000 $0 $0
2014 $2,982 $87,000 $0 $0
2013 $3,444 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: NoCoast MLS

MLS Number: NOC5428675

NoCoast MLS

APN: 06-25-180-006