NOT LISTED FOR SALE

512-514 S 8th Ave Clinton, IA 52732

Clinton Area

Estimated Value: $80,000 - $115,451

4 Beds
3 Baths
5,495 Sq Ft
$17/Sq Ft Est. Value

Sale Details

Date Sold: March 23, 2018

Last sale price $73,000 $13 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $602 / mo

979 Days on Market

About This Home

As of March 2018

Great Addition to Your Rental Portfolio. Two adjacent buildings with a total of 7 rental units. A nice mix with 2 efficiencies, 2 one bedrooms, 1 two bedroom, and 2 three bedroom units. A great addition to your rental portfolio at only about $14K per unit.

Last Agent to Sell the Property

Matthew Brisch

Coldwell Banker Howes & Jefferies REALTORS License #B59416000 Listed on: 06/10/2015

Coldwell Banker Howes & Jefferies REALTORS

Last Buyer's Agent

Kris Whalen

Ruhl&Ruhl REALTORS Clinton License #S38855000

Ruhl&Ruhl REALTORS Clinton

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1889

Lot Details

  • Lot Dimensions are 66x140x66x140

Home Design

  • 5,495 Sq Ft Home

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $1,300
  • Fuel Expense $3,900
  • Water Sewer Expense $4,400
  • Gross Income $27,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1889

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Year Built: 1889
  • Built Before 1978 (Y/N): Yes
  • Legal Description: Clinton W1/2 and E1/2 of Lot 3 BLK 41 in Clinton,
  • Information: Show-Key in Listing Office
  • Estimated Age: Older
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Electric: Separate Meters
  • Heat/Ventilation: Forced Air,Gas

Fee Information

  • Water Sewer Expenses: 4400

Lot Info

  • Lot Dimensions: 66x140x66x140
  • Property Offered: For Sale Only

Building Info

  • BuildingAreaTotal: 5495

Rental Info

  • Board Number: 30

Multi Family

  • Fuel Expense: 3900
  • ElectricExpense: 1300
  • GrossIncome: 27300
  • NumberOfUnitsTotal: 7

Tax Info

  • Tax Annual Amount: 3454

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
Jun 10, 2015
Closed on
Mar 20, 2018
Sold by
Katies Hld Co Llc
Bought by
Seller's Agent
Matthew Brisch
Coldwell Banker Howes & Jefferies REALTORS
Buyer's Agent
Kris Whalen
Ruhl&Ruhl REALTORS Clinton
List Price
$99,900
Sold Price
$73,000
Premium/Discount to List
-$26,900
-26.93%
Current Estimated Value
$92,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,363
Avg. Annual Appreciation
2.83%
Original Mortgage
$60,000
Outstanding Balance
$31,901
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$60,462
Source: Public Records

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
-- --
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 $60,000
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
03/23/2018 03/23/18 Sold $73,000 -26.9% $13 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
06/10/2015 06/10/15 For Sale $99,900 -- $18 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2027 $1,139 --
2026 -- --
2025 $1,135 $26,818 $0 $0
2024 $1,135 $29,523 $0 $0
2023 $1,135 $25,280 $0 $0
2022 $1,086 $18,948 $0 $0
2021 $1,245 $17,522 $0 $0
2019 $1,185 $14,208 $0 $0
2018 $1,147 $13,246 $0 $0
2017 $1,136 $12,337 $0 $0
2016 $1,034 $11,390 $0 $0
2015 $992 $9,845 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4167880

Midwest Real Estate Data (MRED)

APN: 80-2022-0000

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