NOT LISTED FOR SALE

Estimated Value: $105,000 - $160,000

5 Beds
3 Baths
1,700 Sq Ft
$78/Sq Ft Est. Value

Last Sold October 22, 2013

Last sale price $40,000 $24 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $922/month

314 Days on Market

About This Home

As of October 2013

New roof water heater & furnace. Updated electrical & plumbing. 1 unit completely remodeled 1 unit needs minor rehab. 1 unit rented. Owner pays water, sewer, gas & electrical. Tenants pay own electric. Additional four lots can be included with this triplex, 3 are adjoining property and one is across the street. Parcels F0051-49, F32069, F0051-46, F0051-47. Possible redevelopment opportunity.

Last Agent to Sell the Property

Jesse Hammes

Real Broker, LLC License #S57235000 Listed on: 11/02/2012

Last Buyer's Agent

PAAR-NON RMLSA AGENT

Non-MLS License #0000000000

Property Details

Property Type

  • Other

Year Built

  • Built in 1900

Lot Details

  • 4,792

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for real estate taxes, insurance, snow/lawn, gas, electric, heating, cooling, water/sewer

Property Details

Property Type

Other

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Style: Conversion
  • Sub Type: Multi-Family
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood
  • Total Sq Ft: 2301
  • Estimated Lot Sq Ft: 4,800 sqft

Exterior Features

  • Exterior Finish: Aluminum
  • Frontage Access: Paved 2Lane, Inside Lot
  • Insulation: Unknown
  • Prv Patio Deck: Yes
  • Roof Construction: Comp Shingle, Membrane
  • Wall Construction: Aluminum, Frame

Utilities

  • Cooling: None
  • Heating: Forced Air, Gas

Association/Amenities

  • Amenities: Cable

Lot Info

  • Zoning: Commercial
  • Geo Subdivision: IA

Rental Info

  • Owner Pays: Real Estate Taxes, Insurance, Snow/Lawn, Gas, Electric, Heating, Cooling, Water/Sewer
  • Sale Lease Includes: Building, Land
  • Tenant Pays: Electric
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 1288
  • Parcel Id Number Tax Id: F32058/F32059
  • Tax Incentive: Tax Abatemnt
  • Tax Year: 2011

Multi Family

  • Total Number Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2012
Closed on
Oct 21, 2013
Sold by
Schwen Christopher L and Schwen Stacy D
Bought by
Mad Ventures Llc
Seller's Agent
Jesse Hammes
Real Broker, LLC
Buyer's Agent
PAAR-NON RMLSA AGENT
Non-MLS
List Price
$59,700
Sold Price
$40,000
Premium/Discount to List
-$19,700
-33%
Total Days on Market
314
Current Estimated Value
$132,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,000
Avg. Annual Appreciation
10.81%
Original Mortgage
$150,000
Outstanding Balance
$113,985
Interest Rate
4.33%
Mortgage Type
Credit Line Revolving
Estimated Equity
$18,015

Purchase Details

Closed on
May 31, 2008
Sold by
Priester Dudley B and Priester Jean H
Bought by
Schwenn Christopher L and Schwenn Stacy D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mad Ventures Llc $40,000 None Available
Schwenn Christopher L $15,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mad Ventures Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2013 10/22/13 Sold $40,000 -33.0% $24 / Sq Ft
09/12/2013 09/12/13 Pending -- -- --
11/02/2012 11/02/12 For Sale $59,700 -- $35 / Sq Ft
Source: RMLS Alliance

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 $2,176 $113,800 $9,600 $104,200
2023 $1,560 $124,770 $9,600 $115,170
2022 $1,540 $73,040 $9,600 $63,440
2021 $1,540 $71,760 $9,600 $62,160
2020 $1,558 $71,760 $9,600 $62,160
2019 $1,484 $66,110 $9,600 $56,510
2018 $1,537 $66,110 $9,600 $56,510
2017 $1,522 $66,960 $9,600 $57,360
2016 $1,336 $59,800 $0 $0
2015 $1,310 $31,100 $0 $0
2014 $1,116 $31,100 $0 $0
2013 $1,186 $0 $0 $0
2012 -- $31,100 $8,900 $22,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7028217

RMLS Alliance

APN: F0051-48