NOT LISTED FOR SALE

703 and 705 3rd St SE Oelwein, IA 50662

Estimated Value: $141,000 - $224,000

2 Beds
1 Bath
976 Sq Ft
$186/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $140,000 $143 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,227/month

3 Days on Market

Highlights

  • Porch
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Investors Dream House or keep the way it is as a DUPLEX. Great income, great location, great renters. Super clean and well-kept 4 bedroom/2 each side with 1 bath each. Over 950SF each. Looks bigger than it is. Super close to Hospital, Wellness Center, High School, bike trails and parks. Cute kitchen with side door, spacious living room and bedrooms, 1st floor laundry and huge basement. Lots of storage down there! Call for more information and for your personal showing!

Last Agent to Sell the Property

Brian J Batterson

EXIT Realty Unlimited Oelwein License #B45080 Listed on: 04/11/2022

EXIT Realty Unlimited Oelwein

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,444

Year Built

  • Built in 1967

Lot Details

  • 7,035 Sq Ft Lot
  • Lot Dimensions are 70x103

Home Design

  • Duplex
  • Concrete Foundation
  • Block Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Interior Basement Entry
  • Laundry on main level

Parking

  • On-Street Parking
  • Parking Garage Space

Schools

  • Oelwein Elementary And Middle School
  • Oelwein High School

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, trash collection, water
  • Assessor Parcel Number 1822351003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,444

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Parcel Number: 1822351003
  • Year Built: 1967
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: 1st Floor, Laundry Closet
  • Lot Size Acres: 0.16
  • Road Frontage Type: Paved Streets
  • Co List Office Phone: 319-283-5700
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 976
  • Architectural Style: One Story, Duplex
  • Reso Roof: Metal
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Concrete, Entrance-Inside, Floor Drain
  • Below Grade Sq Ft: 976

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Sidewalk, Porch
  • Siding: Vinyl

Garage/Parking

  • Parking Features: Multiple, Parking Garage, Street Parking

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Gas Individual Meters, Separate Meters, Water - Multiple Meters
  • Water Source: City

Schools

  • Elementary School: Oelwein
  • High School: Oelwein
  • Middle Or Junior School: Oelwein

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 70x103
  • Lot Size Sq Ft: 7035

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas, Heat, Trash Collection, Water
  • Lease Term: 9 Months or Less,Other

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2444

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2024
Sold by
Summerset Properties Llc
Bought by
Even Homes Llc
Current Estimated Value
$181,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$138,219
Interest Rate
6.62%
Mortgage Type
VA
Estimated Equity
$43,607

Purchase Details

Listed on
Apr 11, 2022
Closed on
Aug 30, 2022
Sold by
Krueger Mariah and Krueger Matthew
Bought by
Summerset Properties Llc
Seller's Agent
Brian J Batterson
EXIT Realty Unlimited Oelwein
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%

Purchase Details

Listed on
Apr 11, 2022
Closed on
Jun 29, 2022
Sold by
Hallberg Partnership Llc
Bought by
Krueger Matthew P and Krueger Mariah J
Seller's Agent
Brian J Batterson
EXIT Realty Unlimited Oelwein
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2007
Sold by
Baker Ronald D and Baker Marlene A
Bought by
Lehmann Bruce T and Lehmann Sarah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.79%
Mortgage Type
Seller Take Back
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
Even Homes Llc $180,000 None Listed On Document
Even Homes Llc $180,000 None Listed On Document
Summerset Properties Llc -- None Listed On Document
Summerset Properties Llc -- None Listed On Document
Summerset Properties Llc -- --
Krueger Matthew P $140,000 None Listed On Document
Lehmann Bruce T $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Even Homes Llc $144,000
Closed Even Homes Llc $144,000
Previous Owner Krueger Matthew P $105,000
Previous Owner Lehmann Bruce T $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Sold $140,000 -6.7% $143 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $150,000 -- $154 / 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
2025 $3,108 $183,370 $11,470 $171,900
2024 $3,108 $160,570 $11,470 $149,100
2023 $2,046 $160,570 $11,470 $149,100
2022 $2,030 $104,580 $9,560 $95,020
2021 $2,030 $104,580 $9,560 $95,020
2020 $2,444 $119,350 $7,640 $111,710
2019 $2,018 $99,920 $0 $0
2018 $1,968 $99,920 $0 $0
2017 $1,974 $95,880 $0 $0
2016 $1,922 $95,880 $0 $0
2015 $1,922 $0 $0 $0
2014 $1,890 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Brian J Batterson

    RE/MAX

    (563) 920-8233

    18 in this area

    19 Total Sales

    Brian J Batterson
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20221447

Northeast Iowa Regional Board of REALTORS®

APN: 18-22-351-003

Iowa Fayette County Oelwein 50662

703 and 705 3rd St SE, Oelwein, IA

This home is located at 703 and 705 3rd St SE, Oelwein, IA 50662 since 11 April 2022 and is currently estimated at $181,826, approximately $186 per square foot. This property was built in 1967. 703 and 705 3rd St SE is a home located in Fayette County with nearby schools including Little Husky Learning Center, Wings Park Elementary School, and Parkside Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northeast Iowa Regional Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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