NOT LISTED FOR SALE

897 W Locust St Dubuque, IA 52001

Estimated Value: $212,000 - $223,448

4 Beds
2 Baths
2,700 Sq Ft
$81/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $200,000 $74 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,391/month

7 Days on Market

About This Home

As of February 2024

Great investment! All brick duplex built in 1964 available near college that offers 2 bedroom, 1 bath units with off street parking and the potential for value add. Basement could be finished for additional bedrooms and baths and even higher rents. Currently month to month rents which could be raised. Tenants pay all utilities. 24 hour notice to show.

Last Agent to Sell the Property

Karl Dolter

Equity Real Estate Group LLC Listed on: 11/27/2023

Last Buyer's Agent

Karl Dolter

Equity Real Estate Group LLC Listed on: 11/27/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,822

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 50x179

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Shingle Roof

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Range

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available

Listing and Financial Details

  • Tenant pays for gas, water, electric, heat, trash
  • Assessor Parcel Number 1023278035

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,514
  • Maintenance Expense $1,150
  • Real Estate Tax Expense $2,835
  • Net Operating Income $10,701

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,822

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: 1 Story
  • Style2: 1 Story
  • Type: Duplex
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Refrigerator, Range, Washer, Dryer
  • Estimated Total Above Ground Sq Ft: 1800
  • Estimated Finished Sq Ft: 2700
  • Estimated Sq Ft: 2700
  • Estimated Lower Sq Ft: 900
  • Estimated Main Sq Ft: 1800
  • Basement: Full

Exterior Features

  • Foundation: Pour
  • Roof: Asp/Composite Shingle
  • Siding: Brick

Garage/Parking

  • Garage Feature: No Features
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas
  • Heat Type: Forced Air

Condo/Co-op/Association

  • Amenities: Smoke Detectors

Schools

  • Elementary School: Irving
  • Middle School: Washington Jr High
  • High School: Dubuque Senior

Lot Info

  • Lot Size: 50x179
  • Parcel Id Number: 1023278035
  • Zoning: R2A

Rental Info

  • Tenant Pays: Gas, Water, Electric, Heat, Trash

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Feb 22, 2024
Sold by
Schromen Loren K
Bought by
Safe Place Llc
Seller's Agent
Karl Dolter
Equity Real Estate Group LLC
Buyer's Agent
Karl Dolter
Equity Real Estate Group LLC
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%
Views
51
Current Estimated Value
$218,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,112
Avg. Annual Appreciation
5.43%

Purchase Details

Closed on
Sep 27, 2011
Sold by
Conlan Opal and Conlan Opal L
Bought by
Schromen Loren K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
4.14%
Mortgage Type
New Conventional
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
Safe Place Llc $200,000 None Listed On Document
Schromen Loren K $136,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schromen Loren K $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $200,000 -7.0% $74 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $215,000 -- $80 / Sq Ft
Source: East Central Iowa 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
2025 $2,822 $221,000 $24,900 $196,100
2024 $2,822 $196,200 $23,400 $172,800
2023 $2,738 $196,200 $23,400 $172,800
2022 $2,720 $164,420 $17,550 $146,870
2021 $2,720 $164,420 $17,550 $146,870
2020 $2,658 $149,440 $17,550 $131,890
2019 $2,664 $149,440 $17,550 $131,890
2018 $2,622 $143,250 $15,210 $128,040
2017 $2,484 $143,250 $15,210 $128,040
2016 $2,484 $128,650 $15,210 $113,440
2015 $2,434 $128,650 $15,210 $113,440
2014 $2,368 $128,650 $15,210 $113,440
Source: Public Records

Agents Affiliated with this Home

  • Karl Dolter

    Seller's Agent in 2024

    Karl Dolter

    Equity Real Estate Group LLC

    (563) 542-6829

    326 Total Sales

    Karl Dolter
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Map

Source: East Central Iowa Association of REALTORS®

MLS Number: 148462

East Central Iowa Association of REALTORS®

APN: 10-23-278-035

Iowa Dubuque County Dubuque 52001

897 W Locust St, Dubuque, IA

This home is located at 897 W Locust St, Dubuque, IA 52001 since 27 November 2023 and is currently estimated at $218,112, approximately $80 per square foot. This property was built in 1964. 897 W Locust St is a home located in Dubuque County with nearby schools including Irving Elementary School, George Washington Middle School, and Dubuque Senior High 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.

East Central Iowa Association 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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