$172,000
SOLD AUG 21, 2020
-- Bed
-- Bath
1,334 Sq Ft
7,040 Sq Ft Lot

Recently Sold

$129 Per Sq Ft

9% Below List Price

96 Days on Market

About This Home

As of April 2024

Great investment opportunity! All units currently rented. Also includes house (1127 W 7th St) The house consists of three bedrooms. Unit 605 comes equipped with two bedrooms and garage attached. Other three units are all one bedroom. New roof on house in 2018, and new roof on four plex in 2014. Contact agent for info on income/rents. Units have been condo'd for tax purposes.

Last Agent to Sell the Property

Dan Berregaard

Oakridge Real Estate License #B40431 Listed on: 03/11/2020

Oakridge Real Estate

Co-Listed By

Eli Berregaard

Oakridge Real Estate License #S67391000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,866

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

  • 1,334 Sq Ft Home
  • Exterior Basement Entry

Parking

  • 5 Open Parking Spaces
  • Parking Available

Schools

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

Utilities

  • Central Air
  • Window Unit Cooling System

Listing and Financial Details

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

Community Details

Overview

  • 5 Units

Building Details

  • Water Sewer Expense $1,610
  • Operating Expense $7,970
  • Gross Income $33,600
  • Net Operating Income $25,630

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,866

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Parcel Number: 891326456015
  • Year Built: 1964
  • Property Sub-Type: Multi-Family 5+
  • PropertyType: Residential Income
  • ResoLaundryFeatures: None
  • 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: 1334
  • Reso Roof: Asphalt
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Entrance-Outside

Exterior Features

  • Construction Type: Aluminum Siding
  • Siding: Aluminum

Garage/Parking

  • Open Parking Spaces: 5
  • Parking Features: Attached, Parking Area

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 1610

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: Month To Month

Multi Family

  • Gross Income: 33600
  • Operating Expense: 7970
  • Number Of Units Total: 5
  • Net Operating Income: 25630

Tax Info

  • Tax Annual Amount: 3866

Range of Values:

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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 Loan Amount Loan Type
Closed $281,260 VA
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: NBR20201156

Northeast Iowa Regional Board of REALTORS®

APN: 8913-26-456-015