NOT LISTED FOR SALE

604 Elk St Sabula, IA 52070

Estimated Value: $43,722 - $266,000

5 Beds
3 Baths
2,802 Sq Ft
$41/Sq Ft Est. Value

Last Sold May 21, 2015

Last sale price $14,000 $5 Per Sq Ft

Est. 728% increase in value since last sale

Current estimated payment $620/month

123 Days on Market

About This Home

As of May 2015

Profitable income property can be yours! This 2-story, 2-unit apartment building has an income potential of $900 per month. The main level apartment has 3 bedrooms and 1 full bath. The upper level apartment has 2 bedrooms and 1 full bath. Tenants pay all utilities.

Last Agent to Sell the Property

Rita walton

Mel Foster Co. Clinton License #S62680000 Listed on: 12/05/2014

Mel Foster Co. Clinton

Co-Listed By

Allan Huizenga

Clockwork Realty License #471.017071

Last Buyer's Agent

Allan Huizenga

Clockwork Realty License #471.017071

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1865

Lot Details

  • 6,273 Sq Ft Lot
  • Level Lot

Home Design

  • Aluminum Siding

Additional Features

  • Washer Hookup
  • Partial Basement
  • Heating System Uses Natural Gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1865

Lot Details

6,273 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Year Built: 1865
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: LOT 7 BLK 22
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Below Grade Bedrooms: 0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Lot Features: Level

Utilities

  • Heating: Natural Gas
  • Laundry Features: Washer Hookup

Lot Info

  • Lot Size Acres: 0.144
  • Lot Dimensions: 6250 sqft

Rental Info

  • Board Number: 30

Tax Info

  • Tax Annual Amount: 930.68
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2021
Sold by
Struve Clayton D
Bought by
Schmidt Darren J and Schmidt Sara A
Current Estimated Value
$115,931

Purchase Details

Listed on
Dec 5, 2014
Closed on
May 21, 2015
Sold by
Knapp Pamela L
Bought by
Struve Clayton D
Seller's Agent
Rita walton
Mel Foster Co. Clinton
Buyer's Agent
Allan Huizenga
Clockwork Realty
List Price
$45,000
Sold Price
$14,000
Premium/Discount to List
-$31,000
-68.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.69%
Original Mortgage
$14,800
Interest Rate
3.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Schmidt Darren J $30,000 None Available
Struve Clayton D $14,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Struve Clayton D $14,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2015 05/21/15 Sold $14,000 -68.9% $5 / Sq Ft
04/07/2015 04/07/15 Pending -- -- --
12/05/2014 12/05/14 For Sale $45,000 -- $16 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $260 $15,200 $15,200 $0
2024 $260 $15,200 $15,200 $0
2023 $290 $15,200 $15,200 $0
2022 $896 $15,200 $15,200 $0
2021 $962 $48,700 $15,200 $33,500
2020 $962 $51,200 $15,200 $36,000
2019 $960 $51,200 $0 $0
2018 $868 $51,200 $0 $0
2017 $868 $52,000 $0 $0
2016 $1,016 $52,000 $0 $0
2015 $1,016 $52,000 $0 $0
2014 $826 $52,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC17724

Midwest Real Estate Data (MRED)

APN: 902220160004000

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