NOT LISTED FOR SALE

Estimated Value: $150,000 - $192,000

3 Beds
2 Baths
1,152 Sq Ft
$143/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $57,450 $50 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $1,010/month

82 Days on Market

Highlights

  • Central Air
  • Grundy Center High School Rated A-
  • Wood Siding

About This Home

As of January 2023

A terrific multi-unit opportunity! This home in Grundy Center packs great features into separate apartments! Upon entering this home is a drop zone shared by the main level and upper level apartment. From here, both units are separated by separate locked entrances. The main level is spacious and features a large living room with an electric masonry fireplace flanked by built-in bookshelves. This area is connected to a dining space and to the large kitchen with plenty of cabinetry. Completing this level is a large bedroom, full bathroom and a laundry room. The upper level apartment has great living spaces and plenty of storage! This apartment has a living room open to the kitchen, a large bedroom, bathroom and separate laundry hookups. Heading to the basement level, you will find a separate kitchen, bathroom, laundry area and two non-conforming bedrooms, plus options for a living room and separate entrance. This property is currently zoned for two apartments, but all three units have separate electrical bills. Packed with potential, this is a great chance to own a multi unit investment property in Grundy Center! Schedule a tour today!

Last Agent to Sell the Property

Amy Wienands

AWRE, EXP Realty, LLC License #B34553 Listed on: 09/20/2022

AWRE, EXP Realty, LLC

Co-Listed By

Mary Gillett

AWRE, EXP Realty, LLC License #S62368000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,224

Year Built

  • Built in 1900

Lot Details

  • 7,920 Sq Ft Lot
  • Lot Dimensions are 60x132

Home Design

  • Duplex
  • Concrete Foundation
  • Block Foundation
  • Asphalt Roof
  • Wood Siding

Parking

  • 2 Open Parking Spaces
  • Parking Available

Schools

  • Grundy Center Elementary And Middle School
  • Grundy Center High School

Additional Features

  • Laundry on lower level
  • Central Air

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 871712280003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,224

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Parcel Number: 871712280003
  • Year Built: 1900
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: 1st Floor, 2nd Floor, Lower Level
  • Co List Office Mls Id: NBR197
  • Co List Office Phone: 319-269-2477
  • Co List Office Phone: 319-269-2477
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1152
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Concrete
  • Below Grade Sq Ft: 325

Exterior Features

  • Construction Type: Wood Siding
  • Siding: Wood

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: Detached, Parking Area

Utilities

  • Cooling: Central Air
  • Sewer: City Sewer
  • Utilities: Other
  • Water Source: City

Schools

  • Elementary School: Grundy Center
  • High School: Grundy Center
  • Middle Or Junior School: Grundy Center

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 60x132
  • Lot Size Sq Ft: 7920

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: Other

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2025
Sold by
Iverson Carol Jean
Bought by
Carol J Iverson Revocable Trust and Iverson
Current Estimated Value
$164,718
Source: Public Records

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 Buyer Sale Price Title Company
Carol J Iverson Revocable Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iverson Samuel J $68,900
Previous Owner Iverson Samuel J $0
Previous Owner Iverson Samuel J $70,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $57,450 -11.5% $50 / Sq Ft
12/11/2022 12/11/22 Pending -- -- --
12/09/2022 12/09/22 For Sale $64,900 0.0% $56 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
11/07/2022 11/07/22 Price Changed $64,900 -7.2% $56 / Sq Ft
10/26/2022 10/26/22 Price Changed $69,900 -12.5% $61 / Sq Ft
10/06/2022 10/06/22 Price Changed $79,900 -11.1% $69 / Sq Ft
09/20/2022 09/20/22 For Sale $89,900 -- $78 / 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 $1,674 $115,800 $9,360 $106,440
2023 $1,816 $115,800 $9,360 $106,440
2022 $1,756 $93,850 $8,190 $85,660
2021 $1,756 $93,850 $8,190 $85,660
2020 $1,524 $88,440 $8,190 $80,250
2019 $1,476 $88,440 $8,190 $80,250
2018 $1,456 $82,630 $8,190 $74,440
2017 $1,408 $82,630 $8,190 $74,440
2016 $1,408 $0 $0 $0
2015 $1,408 $0 $0 $0
2014 $1,670 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20224459

Northeast Iowa Regional Board of REALTORS®

APN: 871712412011