NOT LISTED FOR SALE

611 Jefferson St Burlington, IA 52601

Estimated Value: $338,558

3 Beds
1 Bath
2,420 Sq Ft
$140/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $152,250 $63 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,175/month

31 Days on Market

About This Home

As of May 2022

SALE SUBJECT ALSO PURCHASING 609 JEFFERSON MLS# 6172146 . These buildings are attached with 609 on east side, 611 on west. Owner contracts for (3) parking spaces at $90 per month, provides a dumpster emptied once per week and provides snow removal for the common exterior stairs used by residential tenants for entrance on south side of buildings. Parking, trash and snow removal are provided at one cost for both buildings. All tenants pay gas, electric, water & sewer in this building. Prospective buyers need to provide bank letter of prequalification and provide 24 hr notice.

Last Agent to Sell the Property

Marc Gillette

Diamond Realty Inc Listed on: 04/04/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,384

Year Built

  • Built in 1880

Lot Details

  • 2,439

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,420 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 2,439 Sq Ft Lot
  • Forced Air Heating System

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $1
  • Fuel Expense $1
  • Insurance Expense $1
  • Maintenance Expense $1
  • Trash Expense $1
  • Gross Income $24,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,384

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: BURLINGTON BURLINGTON ORIGINAL CITY LOT:795 W40' N1/2 & W 20' LOT 796
  • Municipality: Burlington
  • Year Built: 1880
  • Stories: More Than 2 Stories
  • OFFICELIST_ADDRESS: 611 Jefferson Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2022-04-05
  • List Office I D: 855
  • Sales Office I D: 1
  • Selling Agent: 1
  • Share Listings With: Broker Reciprocity, CoreLogic Listing License, Homes.com, Realtor.com, RPR Listing License
  • Street Designation: Street
  • Building Style: Other
  • Unit 1 B1 Level: Upper
  • Unit 1 B2 Level: Upper
  • Unit 1 B3 Level: Upper
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Kitchen Level: Lower
  • Unit 1 Living Room Level: Lower
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Basement: Full
  • Price Per S Q F T: 62.91
  • Above Grade Finished Sq Ft: 2420
  • 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: Brick/Stone

Garage/Parking

  • Fuel: Natural Gas

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Association/Amenities

  • Complex/Development/Subdivision: Burlington

Fee Information

  • Expense Caretaker: 1
  • Expense Electric: 1
  • Expense Fuel: 1
  • Expense Repair: 1
  • Annual Expense: 1
  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Schools

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

Lot Info

  • Acres: 0.06
  • Assessment Pending: Unknown
  • Homestead Description: Other
  • Lot Dimensions: 1x1
  • Lot Size Sq Ft: 2439.36
  • Lot Size Units: Acres

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: Yes
  • Rental License Type: Standard

Multi Family

  • Expense Insurance: 1
  • Expense Maintenance: 1
  • Expenses: 1
  • Expense Trash: 1
  • Expense Water Sewer: 1
  • Total Units: 3
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

Tax Info

  • Tax With Assessments: 2384
  • Tax Year: 2021
  • Gross Taxes: 2384

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
May 3, 2022
Sold by
Redtail Equity Llc
Bought by
Caston Josh and Caston Jennifer
Seller's Agent
Marc Gillette
Diamond Realty Inc
List Price
$169,900
Sold Price
$152,250
Premium/Discount to List
-$17,650
-10.39%
Current Estimated Value
$338,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,308
Avg. Annual Appreciation
25.82%
Original Mortgage
$344,000
Outstanding Balance
$304,417
Interest Rate
4.4%
Estimated Equity
$34,141

Purchase Details

Closed on
Dec 5, 2014
Sold by
Shockley Thomas L and Shockley Rebecca R
Bought by
Redtail Equity Llc Series A
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Caston Josh $305,000 None Listed On Document
Redtail Equity Llc Series A $212,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caston Josh $344,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold $152,250 -10.4% $63 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $169,900 -- $70 / 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
2025 $4,798 $226,800 $6,100 $220,700
2024 $4,798 $208,600 $4,800 $203,800
2023 $2,034 $193,500 $4,400 $189,100
2022 $2,210 $93,800 $4,400 $89,400
2021 $2,210 $93,800 $4,400 $89,400
2020 $2,448 $93,800 $4,400 $89,400
2019 $2,614 $93,800 $4,400 $89,400
2018 $2,654 $93,800 $4,400 $89,400
2017 $2,672 $0 $0 $0
2016 $2,706 $0 $0 $0
2015 $2,706 $0 $0 $0
2014 $1,654 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6172209

NoCoast MLS

APN: 16-05-231-005