NOT LISTED FOR SALE

717 Summit St Center Point, IA 52213

Estimated Value: $157,000 - $204,000

5 Beds
4 Baths
2,666 Sq Ft
$65/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $129,950 $49 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,184/month

2 Days on Market

Highlights

  • Living Room
  • Garage
  • Heating Available
  • Center Point-Urbana Middle School Rated A-

About This Home

As of March 2021

Great investment opportunity! Newer metal roof, updated windows.#1, upstairs 2 bedroom, $550 / mo #2, upstairs efficiency, $275 / mo, #3, North 1 bedroom, $450 / mo, #4, South 1 bedroom, $450 / mo,2-stall Garage, $125 / mo Property sold as is, inspections are for informational purposes only. Showings open on Friday the 12th from 4:30-6pm currently. Water and trash included in rents. Showings open on Friday 2/11/2021 from 4:30pm-6pm currently for agents their clients. All Units Are Rented And Up To Date.

Last Listed By

Alicia Porter

RE/MAX Concepts Listed on: 02/09/2021

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,612

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 60 x 160

Parking

  • Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,666 Sq Ft Home
  • 2-Story Property
  • Living Room

Schools

  • Center Point/Urbana Elementary And Middle School
  • Center Point/Urbana High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Internet Available

Community Details

  • 4 Units
  • Gross Income $22,200

Listing and Financial Details

  • Assessor Parcel Number 050930500600000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,612

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Broker Loaded
  • Photo Code1: Broker Loaded
  • Possible Finance: Cash, Conventional
  • Year Built: 1910
  • Tax Year Report: 2020
  • Subdivision: .
  • Rental Permit: Yes
  • Type Multi Family: 2 Stories
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Sq Ft Above: 2666

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Parking: Garage

Utilities

  • Cooling: Window/Wall Units
  • Heating: Electric
  • Internet: Yes
  • Water Sewer: City Sewer, City Water

Schools

  • Elementary School: Center Point/Urbana
  • Middle School: Center Point/Urbana
  • High School: Center Point/Urbana
  • High School: Center Point/Urbana
  • Jr Middle School: Center Point/Urbana
  • Elementary School: Center Point/Urbana

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 60 X 160
  • Zoning: Multi-Res

Tax Info

  • Gross Tax County City: 2498
  • Assessor Parcel Number: 050930500600000

Multi Family

  • Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2021
Closed on
Mar 14, 2021
Sold by
Tritle Brian M and Tritle Sarah A
Bought by
Ludden Housing Llc
Seller's Agent
Alicia Porter
RE/MAX Concepts
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$129,950
Sold Price
$129,950
Total Days on Market
2
Current Estimated Value
$173,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,350
Avg. Annual Appreciation
7.24%
Original Mortgage
$130,000
Outstanding Balance
$118,427
Interest Rate
2.73%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$54,873

Purchase Details

Closed on
Nov 18, 2008
Sold by
Tritle Brian and Tritle Sarah A
Bought by
Tritle Brian M and Tritle Sarah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.95%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 24, 2003
Sold by
Scheeler Daniel S and Scheeler Teresa
Bought by
Tritle Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 2002
Sold by
Scheeler Dan and Scheeler Teresa
Bought by
Tritle Brian

Purchase Details

Closed on
Jul 7, 2001
Sold by
Jones Kenneth L and Jones Phyllis Rae
Bought by
Scheeler Daniel S and Scheeler Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,764
Interest Rate
7.11%
Mortgage Type
Commercial

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
Ludden Housing Llc $130,000 None Available
Tritle Brian M -- None Available
Tritle Brian $62,000 --
Tritle Brian $62,500 --
Scheeler Daniel S $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ludden Housing Llc $130,000
Previous Owner Tritle Brian M $100,000
Previous Owner Tritle Brian M $10,000
Previous Owner Tritle Brian $64,000
Previous Owner Scheeler Daniel S $80,764
Closed Tritle Brian $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $129,950 0.0% $49 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $129,950 -- $49 / 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
2023 $2,612 $145,100 $21,300 $123,800
2022 $261,200 $121,300 $16,400 $104,900
2021 $2,590 $102,300 $16,400 $85,900
2020 $2,436 $89,900 $16,400 $73,500
2019 $2,498 $85,600 $16,400 $69,200
2018 $2,612 $85,600 $16,400 $69,200
2017 $2,966 $89,300 $16,400 $72,900
2016 $2,966 $89,300 $16,400 $72,900
2015 $2,612 $75,400 $16,400 $59,000
2014 $2,612 $75,400 $16,400 $59,000
2013 $1,424 $75,400 $16,400 $59,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202100885

Iowa City Area Association of REALTORS®

APN: 05093-05006-00000