NOT LISTED FOR SALE

511 Oak St Atlantic, IA 50022

Estimated Value: $98,000 - $201,000

5 Beds
2 Baths
2,893 Sq Ft
$52/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $85,000 $29 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,075/month

84 Days on Market

About This Home

As of January 2020

Great investment opportunity! This two unit rental has had a lot of updates and remodeling done. Two SPACIOUS all electric apartments, one up and one down. The upstairs apartment features 3 bedrooms, 1 bath, 1800 square feet, appliances, new central air is in 2010 (attic). The downstairs features 2 bedrooms, 1 bath, 1500 square feet, appliances, newer central air in 2008. Appliances include dishwasher, range (electric), and refrigerator . Separate private entrances. There is also a one car attached garage, currentlybeing used by the upstairs tenant. This is really a very nice investment property where all the costly improvements have been made for you. It would also make a beautiful huge one family home. Call a Realtor today to set up your personal tour.

Last Agent to Sell the Property

Phyllis Stakey

CENTURY 21 Dement Realty Listed on: 10/07/2019

Last Buyer's Agent

Lana Westphalen

Meyer & Gross Real Estate Co License #***

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1890

Lot Details

  • 5,220 Sq Ft Lot
  • Lot Dimensions are 58' x 90'

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,893 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • On-Street Parking

Utilities

  • Hot Water Heating System

Community Details

  • 2 Units

Property Details

Home Type

Apartment

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: The East 90 feet of Lot 6 and the East 90 feet of South 8 feet of Lot 5, Block 38 in the City of Atlantic, Cass County, Iowa.
  • Municipality: Atlantic
  • Year Built: 1890
  • Stories: 2 Stories
  • OFFICELIST_ADDRESS: 511 Oak Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2019-10-07
  • List Office I D: 235
  • M L Number Foreign: WCIR20158615
  • Sales Office I D: 235
  • Selling Agent: 983
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Street
  • Building Style: Apartment
  • Unit 1 Annual Rent: 7200
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Month Rent: 600
  • Unit 1 Number of Units: 1
  • Unit 1 Rooms Total: 6
  • Unit 1 Sq Ft: 1800
  • Unit 2 Annual Rent: 7200
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Total Bathrooms: 1
  • Unit 2 Bedrooms: 2
  • Unit 2 Month Rent: 600
  • Unit 2 Number of Units: 1
  • Unit 2 Rooms Total: 7
  • Unit 2 Sq Ft: 1500
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 2
  • Basement: Partial
  • Price Per S Q F T: 29.38
  • Above Grade Finished Sq Ft: 2893
  • 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

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Vinyl
  • Foundation Size: 1201
  • Road Frontage: Sidewalks, Other
  • Roof: Other

Garage/Parking

  • Description: On-Street Parking Only
  • Fuel: Natural Gas

Utilities

  • Garage Stalls: 1
  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Condo/Co-op/Association

  • Common Features: Extra Storage

Fee Information

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

Schools

  • School District: Atlantic
  • School District Phone: 712-243-4252

Lot Info

  • Acres: 0.12
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 58' x 90'
  • Lot Size Sq Ft: 5220
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Tax Info

  • Tax Year: 2018
  • Gross Taxes: 2474

Multi Family

  • Tenant Expenses: Electricity, Other, Trash Collection, Water
  • Total Units: 2
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

MLS Schools

  • School District: 387 - Atlantic
  • School District Name: Atlantic

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2023
Sold by
Christensen Frederick D and Christensen Vicki L
Bought by
Christensen Living Trust and Christensen
Current Estimated Value
$154,461

Purchase Details

Closed on
Jul 19, 2023
Sold by
Oak Tree Properties Llc
Bought by
Garside William A

Purchase Details

Closed on
Jul 18, 2023
Sold by
Wolfe Gary G and Wolfe Pamela J
Bought by
Ccj Enterprises Llc

Purchase Details

Closed on
Jul 10, 2023
Sold by
Aden Scot Alan and Aden Lori L
Bought by
Weigel Jeffrey S and Weigel Jean L

Purchase Details

Listed on
Oct 7, 2019
Closed on
Jan 24, 2020
Sold by
Jones Erik M and Jones Sara E
Bought by
Mt Cass Rentals Llc
Seller's Agent
Phyllis Stakey
CENTURY 21 Dement Realty
Buyer's Agent
Lana Westphalen
Meyer & Gross Real Estate Co
List Price
$99,500
Sold Price
$85,000
Premium/Discount to List
-$14,500
-14.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%
Original Mortgage
$85,000
Interest Rate
3.74%
Mortgage Type
New Conventional
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
Christensen Living Trust -- None Listed On Document
Garside William A $10,000 None Listed On Document
Ccj Enterprises Llc $23,000 None Listed On Document
Weigel Jeffrey S $330,000 None Listed On Document
Mt Cass Rentals Llc $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mt Cass Rentals Llc $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2020 01/24/20 Sold $85,000 -14.6% $29 / Sq Ft
12/30/2019 12/30/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $99,500 -- $34 / 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 $2,666 $146,340 $5,390 $140,950
2023 $2,810 $146,340 $5,390 $140,950
2022 $2,764 $131,150 $5,390 $125,760
2021 $2,764 $131,150 $5,390 $125,760
2020 $2,628 $118,580 $5,390 $113,190
2019 $2,474 $105,690 $0 $0
2018 $2,444 $105,690 $0 $0
2017 $2,010 $84,180 $0 $0
2016 $1,982 $84,180 $0 $0
2015 $1,964 $84,180 $0 $0
2014 $1,984 $84,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5428319

NoCoast MLS

APN: 300005328001000