NOT LISTED FOR SALE

523 4th Ave S Clinton, IA 52732

Estimated Value: $83,059 - $91,000

2 Beds
2 Baths
1,885 Sq Ft
$46/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $62,500 $33 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $546/month

8 Days on Market

About This Home

As of August 2020

EXCELLENT 4 UNIT APARTMENT COMPLEX! All 4 units are separated for utilities. Updated thermal pane windows, roof total tear off 2005 approximately. Make this established income property your next investment!!!

Last Agent to Sell the Property

Monica Laufenberg

Coldwell Banker Howes & Jefferies REALTORS License #S39064000/475.128496 Listed on: 06/10/2020

Coldwell Banker Howes & Jefferies REALTORS

Last Buyer's Agent

Monica Laufenberg

Coldwell Banker Howes & Jefferies REALTORS License #S39064000/475.128496 Listed on: 06/10/2020

Coldwell Banker Howes & Jefferies REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1900

Lot Details

  • 7,013

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Clinton High School

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,100

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story | Conversion
  • Legal Description: CLINTON E 30' OF LOT 20 & W 20' OF LOT 21 BLK 38
  • Lvt Date: 06/10/2020
  • Year Built: 1900
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Price Per Sq Ft: 33.16
  • Total Sq Ft: 1885

Exterior Features

  • Exterior: Aluminum Siding
  • Road Access: Curbs & Gutters, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: On-Street Parking
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Electric, Forced Air, Gas, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Water Sewer Expenses: 2160

Schools

  • High School: Clinton High
  • High School: Clinton High

Lot Info

  • Estimated Lot Size: 50 x 140
  • Lot Description: Level
  • Subdivision: Clinton
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 12000
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 1100
  • Parcel Id Number Tax Id: 80-19370000
  • Tax Year: 2018

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 36000
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 4
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Aug 31, 2020
Sold by
Steinhauer Karl W
Bought by
L & B Rental Properties Llc
Seller's Agent
Monica Laufenberg
Coldwell Banker Howes & Jefferies REALTORS
Buyer's Agent
Monica Laufenberg
Coldwell Banker Howes & Jefferies REALTORS
List Price
$69,900
Sold Price
$62,500
Premium/Discount to List
-$7,400
-10.59%
Current Estimated Value
$86,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,265
Avg. Annual Appreciation
5.98%
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
L & B Rental Properties Llc $62,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $62,500 -10.6% $33 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $69,900 -- $37 / Sq Ft
Source: RMLS Alliance

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 $1,054 $56,630 $8,630 $48,000
2023 $1,038 $56,630 $8,630 $48,000
2022 $1,240 $48,150 $7,500 $40,650
2021 $966 $48,150 $7,500 $40,650
2020 $966 $35,000 $7,500 $27,500
2019 $1,100 $35,000 $0 $0
2018 $1,842 $56,070 $0 $0
2017 $2,144 $56,070 $0 $0
2016 $2,008 $56,070 $0 $0
2015 $2,008 $56,070 $0 $0
2014 $2,100 $56,070 $0 $0
2013 $2,240 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4212256

RMLS Alliance

APN: 80-1937-0000