$43,000
SOLD JUL 11, 2025

513 N Elm St Cresco, IA 52136

3 Beds
2 Baths
956 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$45 Per Sq Ft

14% Below List Price

8 Days on Market

About This Home

As of July 2025

Great investment opportunity or own your home with income. This duplex has vinyl siding and an asphalt roof. The main floor apartment has 2 bedrooms and basement access. The second floor apartment has one bedroom with potential for a second. A garage is located on the east end of the home with alley access. This home could be converted back to single family if desired. Property is being sold as-is along with any remaining personal property.

Last Agent to Sell the Property

Steven Burke

Burke Real Estate License #B44679 Listed on: 06/03/2025

Last Buyer's Agent

Steven Burke

Burke Real Estate License #B44679 Listed on: 06/03/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50' x 150'

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Stone Basement
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • Garage
  • 1 Open Parking Space

Schools

  • Cresco Elementary And Middle School
  • Cresco High School

Utilities

  • Forced Air Heating System
  • Wall Furnace

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, water
  • Assessor Parcel Number 320030703000000

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Parcel Number: 320030703000000
  • Year Built: 1907
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Dryer Hookup-Gas, Washer Hookup
  • Lot Size Acres: 0.172
  • Co List Office Phone: 563-547-2554
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 956
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Stone/Rock
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 676

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 1
  • Parking Features: Garage, Parking Pad, Attached
  • Garage Spaces: 1

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas, Wall Furnace
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Schools

  • Elementary School: Cresco
  • High School: Cresco
  • Middle Or Junior School: Cresco

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 50' X 150'
  • Lot Size Sq Ft: 7500

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas, Heat, Water
  • Lease Term: Other

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2025
Closed on
Jul 10, 2025
Sold by
Rickard Teressa Ann
Bought by
J & P Premier Properties Llp
Seller's Agent
Steven Burke
Burke Real Estate
Buyer's Agent
Steven Burke
Burke Real Estate
List Price
$49,900
Sold Price
$43,000
Premium/Discount to List
-$6,900
-13.83%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12249.27%
Original Mortgage
$82,500
Outstanding Balance
$82,361
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$30,306

Purchase Details

Closed on
Sep 11, 2012
Sold by
Rickard William John
Bought by
Rickard Teressa Ann
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 Type Sale Price Title Company
Fiduciary Deed $43,000 None Listed On Document
Fiduciary Deed $43,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $82,500 Credit Line Revolving
Closed $82,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Sold $43,000 -13.8% $45 / Sq Ft
06/11/2025 06/11/25 Pending -- -- --
06/03/2025 06/03/25 For Sale $49,900 -- $52 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

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 $1,396 $75,780 $7,500 $68,280
2023 $1,190 $75,780 $7,500 $68,280
2022 $1,070 $62,490 $7,500 $54,990
2021 $1,028 $62,490 $7,500 $54,990
2020 $1,006 $57,270 $7,500 $49,770
2019 $970 $53,680 $0 $0
2018 $956 $53,680 $0 $0
2017 $980 $52,860 $0 $0
2016 $980 $52,860 $0 $0
2015 $980 $52,860 $0 $0
2014 $1,000 $52,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20252563

Northeast Iowa Regional Board of REALTORS®

APN: 320-03-07-03-000-000