NOT LISTED FOR SALE

Estimated Value: $68,000 - $382,000

1 Bed
1 Bath
2,044 Sq Ft
$139/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $375,000 $183 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $1,654/month

161 Days on Market

Highlights

  • Deck
  • Forced Air Heating and Cooling System
  • Garage
  • Laundry closet

About This Home

As of April 2024

Being sold as a package with 1113–1121 W. 7th St. The list price is for both properties together. Fantastic investment opportunity! Also includes attached house (1127 W 7th St) The house consists of three bedrooms. Unit 605 comes equipped with two bedrooms and an attached single garage. The other three units all have one bedroom. Interior updating in the house and all apartment units except 605. A new roof was installed on the house in 2018 and on the four-plex in 2014. Contact agent for info on income/rents. Units have been condo'd for tax purposes. Schedule your tour and add these two income-producing five-plex properties to your portfolio today!

Last Listed By

Eli Berregaard

Oakridge Real Estate License #S67391000 Listed on: 10/10/2023

Oakridge Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,751

Year Built

  • Built in 1964

Lot Details

  • 7,040 Sq Ft Lot
  • Lot Dimensions are 60x142.5

Home Design

  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2,044 Sq Ft Home
  • Exterior Basement Entry
  • Laundry closet

Parking

  • Garage
  • 5 Open Parking Spaces
  • Parking Available
  • On-Street Parking

Outdoor Features

  • Deck

Schools

  • Irving Elementary School
  • Central Middle School
  • West High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • 5 Units
  • Water Sewer Expense $2,734

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Assessor Parcel Number 891326456015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,751

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Parcel Number: 891326456015
  • Year Built: 1964
  • Property Sub-Type: Multi-Family 5+
  • ResoLaundryFeatures: Laundry Closet
  • Lot Size Acres: 0.16
  • Road Frontage Type: Hard Surface Road
  • Co List Office Mls Id: NBR49
  • Co List Office Phone: 319-277-5005
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2044
  • Architectural Style: Apartments (5+ Units)
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Entrance-Outside

Exterior Features

  • Construction Type: Aluminum Siding
  • Exterior Features: Sidewalk, Deck
  • Siding: Aluminum

Garage/Parking

  • Open Parking Spaces: 5
  • Parking Features: Garage, On Street, Parking Area, Attached

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Utilities: Elec Individual Meters, Gas Individual Meters, Water in Rent
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 2733.81

Schools

  • Elementary School: Irving Elementary
  • High School: West High
  • Middle Or Junior School: Central

Lot Info

  • Zoning: R-3
  • Lot Dimensions: 60x142.5
  • Lot Size Sq Ft: 7040

Rental Info

  • Tenant Pays: Electricity, Gas, Heat
  • Lease Term: Over 9 Months,Month to Month

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 3750.91

Range of Values:

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Average Value
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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

Mortgage History

Date Status Borrower Loan Amount
Closed Rog Equity Partners Llc $281,260
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $375,000 -6.0% $183 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
12/05/2023 12/05/23 Price Changed $399,000 -3.9% $195 / Sq Ft
10/09/2023 10/09/23 For Sale $415,000 +141.3% $203 / Sq Ft
08/21/2020 08/21/20 Sold $172,000 -4.4% $129 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
05/05/2020 05/05/20 Price Changed $179,900 -5.3% $135 / Sq Ft
03/11/2020 03/11/20 For Sale $189,900 -- $142 / 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 $1,010 $50,560 $2,120 $48,440
2023 $708 $50,560 $2,120 $48,440
2022 $690 $32,240 $2,110 $30,130
2021 $730 $32,240 $2,110 $30,130
2020 $718 $32,240 $2,110 $30,130
2019 $718 $32,240 $2,110 $30,130
2018 $718 $32,240 $2,110 $30,130
2017 $718 $32,240 $2,110 $30,130
2016 $732 $32,240 $2,110 $30,130
2015 $732 $32,240 $2,110 $30,130
2014 $746 $32,240 $2,110 $30,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20234308

Northeast Iowa Regional Board of REALTORS®

APN: 8913-26-456-015