Seller's Agent in 2018
Tiffini Brockway
RE/MAX
(319) 671-0110
181 in this area
248 Total Sales
521 N 7th St Unit 523 Burlington, IA 52601
Estimated Value: $226,000 - $440,050
7
Beds
7
Baths
5,171
Sq Ft
$67/Sq Ft
Est. Value
Highlights
- 0.33 Acre Lot
- Forced Air Heating System
- 4-minute walk to North Hill Park
About This Home
As of June 2018Stunning, one-of-a-kind property in the Heritage Hill Historic District. Extensive renovations in '07-'08 (roof, mechanical systems, bathrooms and kitchen) and great care make this an incredible rental/income opportunity! The 2 bedroom, 3 bathroom, 3,800 sq ft home is owner occupied with 4 additional rental units. 523A (located on main floor) is a 1 bedroom unit with a private covered porch- could also be visitor or in-law suite. 523B (upper level) is a 2 bedroom, 1 bathroom unit. Carriage house (west of main home) has 2 efficiency units: 711 Court st (lower level) and 521D (upper level which has also been used as owner's office). In total, there are 7 bedrooms and 7 bathrooms. Detached 3 car garage (built in '08) with workshops above.You have to see this one to appreciate everything it offers!
Last Agent to Sell the Property
RE/MAX Real Estate Specialists Listed on: 10/06/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,056
Year Built
- Built in 1855
Lot Details
- 0.33 Acre Lot
- Lot Dimensions are 117.5 x 121.4
Home Design
- 5,171 Sq Ft Home
- Quadruplex
- Brick Exterior Construction
- Rubber Roof
- Metal Roof
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Full Bathrooms
Parking
- 3 Car Garage
- On-Street Parking
Utilities
- Forced Air Heating System
Community Details
- 5 Units
- Gross Income $21,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 4, 2021
Sold by
Herron Michael Thomas and Mcentyre Herron Richard
Bought by
Bellarhys Company Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,679
Outstanding Balance
$165,261
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$180,756
Purchase Details
Listed on
Oct 6, 2017
Closed on
May 29, 2018
Sold by
Simeon Russell House Coop
Bought by
Mcentyre Richard S and Herron Michael T
Seller's Agent
Tiffini Brockway
RE/MAX Real Estate Specialists
Buyer's Agent
Tiffini Brockway
RE/MAX Real Estate Specialists
List Price
$340,000
Sold Price
$295,000
Premium/Discount to List
-$45,000
-13.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.17%
Original Mortgage
$187,200
Interest Rate
4.5%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 23, 2013
Sold by
Morrison Bruce J and Morrison Sandra J
Bought by
Simeon Russell House Cooperative
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bellarhys Company Llc | -- | None Listed On Document | |
| Bellarhys Co Llc | -- | None Available | |
| Mcentyre Richard S | $295,000 | -- | |
| Simeon Russell House Cooperative | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bellarhys Co Llc | $184,679 | |
| Previous Owner | Mcentyre Richard S | $187,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/01/2018 06/01/18 | Sold | $295,000 | -13.2% | $57 / Sq Ft |
| 04/09/2018 04/09/18 | Pending | -- | -- | -- |
| 10/06/2017 10/06/17 | For Sale | $340,000 | -- | $66 / Sq Ft |
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 |
|---|---|---|---|---|
| 2025 | $7,056 | $349,700 | $41,100 | $308,600 |
| 2024 | $7,056 | $363,200 | $29,400 | $333,800 |
| 2023 | $4,878 | $363,200 | $29,400 | $333,800 |
| 2022 | $5,544 | $268,800 | $29,400 | $239,400 |
| 2021 | $5,544 | $256,700 | $29,400 | $227,300 |
| 2020 | $6,134 | $256,700 | $29,400 | $227,300 |
| 2019 | $4,798 | $208,540 | $0 | $0 |
| 2018 | $4,310 | $259,500 | $29,400 | $230,100 |
| 2017 | $4,310 | $168,000 | $0 | $0 |
| 2016 | $3,536 | $155,260 | $0 | $0 |
| 2015 | $3,536 | $141,020 | $0 | $0 |
| 2014 | $3,252 | $120,680 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tiffini Brockway
Map
Source: NoCoast MLS
MLS Number: NOC5428437
APN: 11-32-480-008
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