NOT LISTED FOR SALE

547 S Central Ave Burlington, IA 52601

Estimated Value: $88,000 - $165,323

6 Beds
6 Baths
1,248 Sq Ft
$108/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $132,000 $106 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $862/month

182 Days on Market

About This Home

As of October 2020

Great income producing duplex. Side by side with each unit have 3 upstairs bedrooms, 2.5 bathrooms and mainfloor kitchen and family room with an attached garage. Subject to Lenders approval.

Last Agent to Sell the Property

Melissa Schwenker

Ruhl & Ruhl, REALTORS Listed on: 03/11/2020

Ruhl & Ruhl, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,040

Year Built

  • Built in 2017

Lot Details

  • 6,882

Parking

  • 4 Car Garage

Home Design

  • 1,248 Sq Ft Home
  • Duplex
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms

Additional Features

  • 6,882 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Units
  • Gross Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,040

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: BURLINGTON BARRETS ADD BLOCK:55 LOT:29 & N 5' LOT 30
  • Municipality: Burlington
  • Year Built: 2017
  • Stories: 2 Stories
  • OFFICELIST_ADDRESS: 547-549 S Central Avenue
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2020-03-11
  • List Office I D: 561
  • Sales Office I D: 1
  • Selling Agent: 1
  • Share Listings With: Broker Reciprocity, Realtor.com, RPR Listing License
  • Street Designation: Avenue
  • Building Style: Duplex Side x Side
  • Unit 1 Annual Rent: 10500
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Half Bathrooms: 1
  • Unit 1 Total Bathrooms: 3
  • Unit 1 Bedrooms: 3
  • Unit 1 Month Rent: 875
  • Unit 1 Number of Units: 1
  • Unit 1 Rooms Total: 7
  • Unit 2 Annual Rent: 10500
  • Unit 2 Full Bathrooms: 2
  • Unit 2 Half Bathrooms: 1
  • Unit 2 Total Bathrooms: 3
  • Unit 2 Bedrooms: 3
  • Unit 2 Month Rent: 875
  • Unit 2 Number of Units: 1
  • Unit 2 Rooms Total: 7
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 6
  • Basement: None
  • Half Bathrooms: 2
  • Price Per S Q F T: 105.77
  • Above Grade Finished Sq Ft: 1248
  • 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

Garage/Parking

  • Fuel: Natural Gas

Utilities

  • Garage Stalls: 4
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected, City Water - In Street

Association/Amenities

  • Complex/Development/Subdivision: Barrets Add

Fee Information

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

Schools

  • School District: Burlington
  • School District Phone: 319-753-6791

Lot Info

  • Acres: 0.16
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Size Sq Ft: 6882.48
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Tax Info

  • Tax With Assessments: 3040
  • Tax Year: 2019
  • Gross Taxes: 3040

Multi Family

  • Total Units: 2
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

MLS Schools

  • School District: 882 - Burlington
  • School District Name: Burlington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Oct 21, 2020
Sold by
Whispering Pines Investments Llc
Bought by
Prima Invest Llc
Seller's Agent
Melissa Schwenker
Ruhl & Ruhl, REALTORS
List Price
$149,950
Sold Price
$132,000
Premium/Discount to List
-$17,950
-11.97%
Current Estimated Value
$134,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,581
Avg. Annual Appreciation
0.40%
Original Mortgage
$105,600
Outstanding Balance
$94,349
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$40,232

Purchase Details

Closed on
Jun 14, 2010
Sold by
Cratton M L and Cratton Carrie J
Bought by
City Of Burlington
Source: Public Records

Range of Values:

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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
Prima Invest Llc $132,000 None Available
City Of Burlington -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prima Invest Llc $105,600
Previous Owner Whispering Pines Investments Llc $60,000
Previous Owner Whispering Pines Investments Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $132,000 -2.2% $106 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
07/21/2020 07/21/20 Price Changed $134,950 -3.6% $108 / Sq Ft
05/28/2020 05/28/20 Price Changed $139,950 -3.4% $112 / Sq Ft
05/18/2020 05/18/20 Price Changed $144,950 -3.3% $116 / Sq Ft
03/11/2020 03/11/20 For Sale $149,950 -- $120 / 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 $1,548 $146,200 $7,000 $139,200
2023 $1,548 $146,200 $7,000 $139,200
2022 $1,264 $144,600 $7,000 $137,600
2021 $1,264 $144,600 $7,000 $137,600
2020 $750 $144,600 $7,000 $137,600
2019 $3,040 $144,600 $7,000 $137,600
2018 $150 $132,100 $6,500 $125,600
2017 $150 $6,500 $0 $0
2016 $148 $6,500 $0 $0
2015 $148 $6,500 $0 $0
2014 $150 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Schwenker

    Seller's Agent in 2020

    Melissa Schwenker

    Ruhl & Ruhl, REALTORS

    (319) 759-0874

    100 in this area

    156 Total Sales

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Map

Source: NoCoast MLS

MLS Number: NOC5502778

NoCoast MLS

APN: 16-05-332-031

Iowa Des Moines County Burlington 52601

547 S Central Ave, Burlington, IA

This home is located at 547 S Central Ave, Burlington, IA 52601 since 11 March 2020 and is currently estimated at $134,581, approximately $107 per square foot. This property was built in 2017. 547 S Central Ave is a home located in Des Moines County with nearby schools including Burlington Community High School, Great River Christian School, and Burlington Notre Dame Catholic Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NoCoast MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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