$160,000
SOLD MAR 28, 2025

702 N 4th Ave Washington, IA 52353

4 Beds
2 Baths
1,590 Sq Ft
7,275 Sq Ft Lot

Recently Sold

$101 Per Sq Ft

42 Days on Market

Highlights

  • Living Room
  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • Property is near schools

About This Home

As of March 2025

Great opportunity to add to your income properties or get your first one with this well cared for up and down duplex. Both units are 2 bed 1 bath with central AC and both have separate access to the coin operated laundry room new in 2020. New furnace, AC, refrigerator, and fresh paint in 2024 for the upper unit. Some newer flooring in both units and new roof in 2020. Gas and electric metered separately and the rent included water/trash. Both units recently leased for $775/month. Off street parking.

Last Agent to Sell the Property

Tim Elliott

Elliott Realty Group Listed on: 02/10/2025

Last Buyer's Agent

Abbi Patterson

KALONA REALTY, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,070

Year Built

  • Built in 1900

Parking

  • 3 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 1,590 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Oven or Range

Laundry

  • Dryer
  • Washer

Schools

  • Washington Elementary And Middle School
  • Washington High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available

Additional Features

  • Lot Dimensions are 55x132
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number 11-17-209-010

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $415
  • Insurance Expense $1,254
  • Water Sewer Expense $2,046
  • Gross Income $12,814

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,070

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: Great opportunity to add to your income properties or get your first one with this well cared for up and down duplex. Both units are 2 bed 1 bath with central AC and both have separate access to the coin operated laundry room new in 2020. New furnace, AC, refrigerator, and fresh paint in 2024 for the upper unit. Some newer flooring in both units and new roof in 2020. Gas and electric metered separately and the rent included water/trash. Both units recently leased for $775/month. Off street parking.
  • Year Built: 1900
  • Tax Year Report: 2023
  • Rental Permit: Yes
  • Water Annually: 2046
  • Directions: From East Washington Street, north on 4th Ave
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Close to School
  • Basement Remarks: Full, Unfinished
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator, Dryer, Washer
  • Sq Ft Above: 1590
  • Lower Level Sq Ft: 687

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 3 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Electric Annually: 415
  • Heating Cooling: Ceiling Fans, Electric, Gas, Central, Forced Air

Schools

  • Elementary School: Washington
  • Middle School: Washington
  • High School: Washington
  • High School: Washington
  • Jr Middle School: Washington
  • Elementary School: Washington

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 55x132
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 2069.54
  • Assessor Parcel Number: 11-17-209-010

Multi Family

  • Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2025
Closed on
Mar 27, 2025
Sold by
Home To Be Real Estate Properties Llc
Bought by
Elder Danette and Elder James
Seller's Agent
Tim Elliott
Elliott Realty Group
Buyer's Agent
Abbi Patterson
KALONA REALTY, INC.
List Price
$160,000
Sold Price
$160,000
Views
69
Current Estimated Value
$147,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,447
Avg. Annual Appreciation
-27.67%
Original Mortgage
$128,000
Outstanding Balance
$128,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$19,553

Purchase Details

Closed on
May 27, 2005
Sold by
Mylar Inc
Bought by
Boshart Christopher and Boshart Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
5.82%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Similar Home in Washington, IA

  • 1606 N 3rd Ave, Washington, IA 52353

    $167,700

    • 2 Beds
    • 1 Bath
    • 1,206 Sq Ft
    • 1606 N 3rd Ave
    • Washington, IA

    Spacious 2-bedroom with vaulted ceilings, electric fireplace and an eat-in kitchen. located on the North end of Washington nestled on a cozy lot with mature trees. Sliders in the main bedroom open up to a deck overlooking the backyard. Perfect, one level living space with a full, 4' crawlspace, attached garage with extra storage.

    Patty Elliott Elliott Realty Group

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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $160,000 None Listed On Document
Warranty Deed $67,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $128,000 New Conventional
Previous Owner $35,000 New Conventional
Previous Owner $86,750 Commercial
Previous Owner $54,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $160,000 0.0% $101 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
02/27/2025 02/27/25 For Sale $160,000 0.0% $101 / Sq Ft
02/21/2025 02/21/25 Pending -- -- --
02/10/2025 02/10/25 For Sale $160,000 -- $101 / Sq Ft
Source: Iowa City Area Association 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 $2,070 $99,900 $12,900 $87,000
2023 $1,852 $99,900 $12,900 $87,000
2022 $1,792 $76,800 $12,900 $63,900
2021 $1,792 $76,800 $12,900 $63,900
2020 $1,700 $73,100 $12,900 $60,200
2019 $1,750 $73,100 $0 $0
2018 $1,708 $73,600 $0 $0
2017 $1,578 $67,000 $0 $0
2016 $1,534 $67,000 $0 $0
2015 $1,534 $67,000 $0 $0
2014 $1,496 $67,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202501000

Iowa City Area Association of REALTORS®

APN: 11-17-209-010