$103,670
SOLD MAR 10, 2017

715 W 4th St Boone, IA 50036

-- Bed
1 Bath
1,536 Sq Ft
0.4 Acres

Recently Sold

$67 Per Sq Ft

11% Below List Price

92 Days on Market

Highlights

  • 2 Kitchens
  • Ranch Style House
  • Forced Air Heating and Cooling System
  • 0.4 Acre Lot
  • No HOA

About This Home

As of March 2017

In a time when rentals are in high demand and interest rates are still pretty low, this duplex would be a wise choice for a smart investor. Each unit has two bedrooms and a bathroom with laundry set up. Large basement space under each unit with bonus rooms, family rooms and lots of storage space. Here s an opportunity to let your money work for you!

Last Agent to Sell the Property

Lora Olerich

Heartland Realty Listed on: 11/14/2016

Last Buyer's Agent

Lora Olerich

Heartland Realty Listed on: 11/14/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,203

Year Built

  • Built in 1979

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 132 x 132

Home Design

  • 1,536 Sq Ft Home
  • Ranch Style House
  • Asphalt Shingled Roof

Additional Features

  • 2 Kitchens
  • 1 Full Bathroom
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 088426291282009

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,203

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 76.11
  • Sp Amt Sq Ft: 67.49
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Sq Ft Bsmt: 1536
  • Kitchens: 2
  • Living Area Sq Ft: 1536
  • Total Sq Ft: 1536

Exterior Features

  • Roof: Asphalt Shingle
  • Street Feature: Asphalt

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Boone

Lot Info

  • Acres: 0.4000
  • Lot S F: 17424
  • Lot Size: 132 x 132
  • Assessor Parcel Number: 088426291282009
  • Zoning: Res

Rental Info

  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Water Landlord

Tax Info

  • Gross Taxes: 2203.00
  • Net Taxes: 2202.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Boone

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2017
Closed on
Mar 9, 2017
Sold by
Cornerstone Christian
Bought by
D And T Boone Homes Lc
Seller's Agent
Lora Olerich
Heartland Realty
Buyer's Agent
Member Non
CENTRAL IOWA BOARD OF REALTORS
List Price
$116,900
Sold Price
$103,670
Premium/Discount to List
-$13,230
-11.32%
Current Estimated Value
$182,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,053
Avg. Annual Appreciation
6.76%
Original Mortgage
$82,900
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 2016
Sold by
Peterson David F and Peterson Cindi A
Bought by
Cornerstone Christian Missionary Allianc
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $185,000 New Conventional
Closed $82,900 Commercial
Closed $82,900 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2017 03/10/17 Sold $103,670 0.0% $67 / Sq Ft
03/10/2017 03/10/17 Sold $103,670 -11.3% $67 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
01/27/2017 01/27/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $116,900 0.0% $76 / Sq Ft
11/14/2016 11/14/16 For Sale $116,900 -- $76 / Sq Ft
Source: Des Moines 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 $2,634 $143,041 $33,454 $109,587
2023 $2,484 $143,041 $33,454 $109,587
2022 $2,582 $118,870 $21,188 $97,682
2021 $2,582 $118,870 $21,188 $97,682
2020 $2,490 $109,141 $21,188 $87,953
2019 $2,480 $109,141 $21,188 $87,953
2018 $2,460 $104,704 $0 $0
2017 $2,460 $95,915 $21,188 $74,727
2016 $2,202 $95,915 $21,188 $74,727
2015 $2,208 $95,915 $0 $0
2014 $2,142 $95,915 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 528821

Des Moines Area Association of REALTORS®

APN: 088426291282009