Seller's Agent in 2018
Nathan Ammons
Hawkeye Farm Mgmt & Real Estat
(641) 777-2861
26 in this area
129 Total Sales
Estimated Value: $80,000 - $130,000
7
Beds
2
Baths
--
Sq Ft
8,712
Sq Ft Lot
About This Home
As of March 2018Quality investment opportunity in Albia, IA. Large home on a nice lot that has been converted and used as a duplex for many years. This duplex offers 2 bedrooms, 1 bath on the main floor and a small 1-2-bedroom apartment upstairs. Each unit has its own kitchen and laundry hook up, and all appliances are owned by the tenants. This property has had major updates in the last 5-7 years such as roof and siding, and includes two newer furnaces. Utilities are split, and tenants pay their own gas, water and electric. Monthly rent for the main floor is $400/month and upstairs is $275/month; both are currently rented with annual taxes of $1,402.00. Total annual income generates a solid return on investment and great potential to add to a current investment portfolio or for a first-time investor.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 66x132
Home Design
- Duplex
- Vinyl Siding
Additional Features
- 1.5-Story Property
- Forced Air Heating System
Community Details
Overview
- 2 Units
Building Details
- Maintenance Expense $12
- Trash Expense $2,160
- Gross Income $8,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 26, 2017
Closed on
Mar 1, 2018
Sold by
Randall Mike and Randall Marridee
Bought by
Henderson John F and Henderson Lacey L
Seller's Agent
Nathan Ammons
Hawkeye Farm Mgmt & Real Estat
Buyer's Agent
Wanda Flahive
Hawkeye Farm Mgmt & Real Estat
List Price
$45,000
Sold Price
$41,000
Premium/Discount to List
-$4,000
-8.89%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,667
Avg. Annual Appreciation
13.62%
Original Mortgage
$150,000
Outstanding Balance
$128,614
Interest Rate
4.22%
Mortgage Type
Unknown
Estimated Equity
-$21,525
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Henderson John F | $40,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Henderson John F | $150,000 | |
| Previous Owner | Randall Mike E | $6,069 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/01/2018 03/01/18 | Sold | $41,000 | -8.9% | -- |
| 02/05/2018 02/05/18 | Pending | -- | -- | -- |
| 12/26/2017 12/26/17 | For Sale | $45,000 | -- | -- |
Source: NoCoast MLS
Tax History Compared to Growth
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 | $1,544 | $73,240 | $14,060 | $59,180 |
| 2023 | $1,468 | $73,240 | $14,060 | $59,180 |
| 2022 | $1,388 | $63,680 | $10,820 | $52,860 |
| 2021 | $1,330 | $63,680 | $10,820 | $52,860 |
| 2020 | $1,338 | $54,290 | $9,240 | $45,050 |
| 2019 | $1,434 | $53,260 | $0 | $0 |
| 2018 | $1,434 | $53,260 | $0 | $0 |
| 2017 | $1,410 | $51,120 | $0 | $0 |
| 2016 | $1,408 | $51,120 | $0 | $0 |
| 2015 | $1,364 | $49,290 | $0 | $0 |
| 2014 | $1,364 | $49,290 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nathan Ammons
-
Wanda Flahive
Buyer's Agent in 2018
Wanda Flahive
Hawkeye Farm Mgmt & Real Estat
(641) 777-2419
43 in this area
66 Total Sales
Map
Source: NoCoast MLS
MLS Number: NOC5428448
APN: 210-426-00-2000000
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