NOT LISTED FOR SALE

806 3rd St Victor, IA 52347

Estimated Value: $82,000 - $88,000

3 Beds
3 Baths
2,436 Sq Ft
$35/Sq Ft Est. Value

Last Sold March 07, 2025

Last sale price $85,500 $35 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $527/month

53 Days on Market

About This Home

As of March 2025

If you are looking for extra income from a rental property, this one is for you! This home has 3 rental units, which 2 have been updated and also has new flooring and paint. All new windows throughout, new broiler system and also new gutters and exterior paint in 2022. This home could also be converted back to a 1 family home with 5 bedrooms and 3.5 bath, the options are unlimited! This property is located on a corner lot with a 2-car detached garage and a second driveway for much more parking. Call you favorite Agent today for a showing because this property will not last long!

Last Agent to Sell the Property

Michele East

East Realty, LLC License #*** Listed on: 12/20/2024

Last Buyer's Agent

Michele East

East Realty, LLC License #*** Listed on: 12/20/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $769

Year Built

  • Built in 1860

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 93' x 75' x 120'

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 2,436 Sq Ft Home
  • 1.5-Story Property

Basement

  • Partial Basement
  • Sump Pump
  • Crawl Space

Utilities

  • Hot Water Heating System

Listing and Financial Details

  • Homestead Exemption

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $120
  • Fuel Expense $117
  • Insurance Expense $83
  • Trash Expense $20
  • Gross Income $10,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$769

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Accessible: None
  • Legal Description: LOT 40 & W1/2 LOT 41 O T
  • Year Built: 1860
  • Stories: 1.5 Stories
  • OFFICELIST_ADDRESS: 806 3rd Street
  • Distribute To Internet: Yes
  • List Office I D: 565
  • Sales Office I D: 565
  • Selling Agent: 2233
  • Building Style: Triplex
  • Unit 1 Air Conditioning: Window
  • Unit 1 Appliances: Range, Refrigerator, Washer, Dryer
  • Unit 1 Bathrooms Description: Main Floor 1/2 Bath, Full Master
  • Unit 1 Dining Room Description: Informal Dining Room
  • Unit 1 Family Room Chars: Main Level
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 1
  • Unit 1 Total Bathrooms: 2
  • Unit 1 Bedrooms: 2
  • Unit 2 Air Conditioning: Window
  • Unit 2 Appliances: Range, Refrigerator
  • Unit 2 Bathrooms Description: Main Floor Full Bath
  • Unit 2 Dining Room Description: Living/Dining Room
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Bedrooms: 1
  • Unit 2 Month Rent: 350
  • Unit 3 Air Conditioning: Window
  • Unit 3 Appliances: Range, Refrigerator
  • Unit 3 Bathrooms Description: Main Floor Full Bath
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Bedrooms: 2
  • Unit 3 Month Rent: 550
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Basement: Partial, Crawl Space, Sump Pump, Concrete Block
  • Price Per S Q F T: 35.1
  • Above Grade Finished Sq Ft: 2436
  • Fireplace: No
  • Total Finished Sq Ft: 2436

Exterior Features

  • Exterior: Brick/Stone, Other

Garage/Parking

  • Fuel: Natural Gas

Utilities

  • Garage Stalls: 2
  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Fee Information

  • Expense Electric: 120
  • Expense Fuel: 117
  • Annual Expense: 5592
  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Lot Info

  • Acres: 0.23
  • Geo Update Timestamp: 2024-12-21
  • Assessment Pending: No
  • Homestead Description: Owner
  • Lot Dimensions: 93' X 75' X 120'
  • Lot Size Sq Ft: 10018.8
  • Lot Size Units: Acres

Multi Family

  • Expense Insurance: 83
  • Expenses: 395
  • Expense Trash: 20
  • Expense Water Sewer: 133
  • Total Units: 3

Tax Info

  • Tax Year: 2024
  • Gross Taxes: 769
  • Net Taxes: 602

MLS Schools

  • School District: 2766 - H-L-V

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2024
Closed on
Mar 7, 2025
Sold by
Koch David A
Bought by
Jmadd Properties Llc
Seller's Agent
Michele East
East Realty, LLC
Buyer's Agent
Michele East
East Realty, LLC
List Price
$96,500
Sold Price
$85,500
Premium/Discount to List
-$11,000
-11.4%
Total Days on Market
53
Views
28
Current Estimated Value
$86,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500
Avg. Annual Appreciation
1.84%
Original Mortgage
$78,121
Outstanding Balance
$77,925
Interest Rate
6.96%
Mortgage Type
Credit Line Revolving
Estimated Equity
$8,075

Purchase Details

Closed on
Oct 14, 2022
Sold by
Schafbuch Scott and Schafbuch Sheryl
Bought by
Koch David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Jmadd Properties Llc $86,000 None Listed On Document
Koch David A $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jmadd Properties Llc $78,121
Previous Owner Koch David A $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Sold $85,500 -11.4% $35 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
12/22/2024 12/22/24 For Sale $96,500 -- $40 / Sq Ft
Source: NoCoast MLS

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 $602 $48,190 $10,080 $38,110
2023 $450 $48,190 $10,080 $38,110
2022 $778 $36,450 $10,080 $26,370
2021 $836 $36,450 $10,080 $26,370
2020 $880 $36,450 $10,080 $26,370
2019 $928 $36,450 $10,080 $26,370
2018 $970 $36,450 $10,080 $26,370
2017 $970 $36,450 $10,080 $26,370
2016 $1,034 $36,450 $10,080 $26,370
2015 -- $36,450 $10,080 $26,370
2014 -- $60,730 $8,910 $51,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6323780

NoCoast MLS

APN: 86-30-0840-0