NOT LISTED FOR SALE

909 8th Ave de Witt, IA 52742

Estimated Value: $110,000 - $179,326

7 Beds
4 Baths
2,284 Sq Ft
$67/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $111,000 $49 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,014/month

5 Days on Market

About This Home

As of May 2017

EXCELLENT REAL ESTATE CASH FLOW OPPORTUNITY IN DEWITT IA. CLASSIC OLDER HOME ON A DOUBLE LOT CONVERTED INTO A CASH COW 3 PLEX. (1) 1 BR, (2) 2 BR, ALL UNITS HAVE SEPARATE GAS/ELEC AND WATER METERS. TENANT PAYS ALL UTILITIES!!!! MANY UPDATES, NEW ROOF 2008, NEW ELECTRICAL, EXTERIOR 2008, 3 NEW HOT WATER HEATERS, 3 NEW GAS FURNACES, NICE SHED FOR OWNER OR TENANT STORAGE. PROPERTY IS CONSTANTLY LEASED. ALL UNDER LEASES CURRENTLY. 2 UNITS RECENTLY UPDATED INTERIOR AND RELEASED. ALL UNITS SOLD WITH APPLIANCES. SELLER IS RETIRING FROM PROP MANAGEMENT AND IS RELOCATING.

Last Agent to Sell the Property

Grant McCaulley

eXp Realty License #475.155783 Listed on: 03/31/2017

eXp Realty

Last Buyer's Agent

Jane Mason

Ruhl&Ruhl REALTORS DeWitt License #S36547000

Ruhl&Ruhl REALTORS DeWitt

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 0.3

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Central High School

Listing and Financial Details

  • Tenant pays for all utilities, gas & electric, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: LOT 1 & E1/2 OF LOT 2 BLK 18
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Price Per Sq Ft: 48.6
  • Total Sq Ft: 2284

Exterior Features

  • Exterior: Stucco
  • Road Access: Paved

Utilities

  • Heating Cooling: Forced Air, Gas

Schools

  • High School: Central
  • High School: Central

Lot Info

  • Estimated Lot Size: 13068
  • Estimated Number of Acres: 0.3
  • Lot Description: Corner, Level
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: All Utilities, Gas & Electric, Water
  • Gross Annual Rent Income: 17100

Tax Info

  • Annual Taxes: 3142
  • Parcel Id Number Tax Id: 2002030000
  • Tax Year: 2014

Multi Family

  • Total Number Units: 3
  • Gross Annual Income: 17100
  • Total Number Electric Meters: 3
  • Total Number Gas Meters: 3
  • Total Number Heating Units: 3
  • Total Number Water Heaters: 3
  • Total Number Water Meters: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2021
Sold by
Kleinsmith Kasey L
Bought by
Gregoire Kasey L and Stock Patrick S
Current Estimated Value
$152,109

Purchase Details

Closed on
Jan 4, 2011
Sold by
Anderson Glenn
Bought by
Zinga Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,500
Interest Rate
4.85%
Mortgage Type
Credit Line Revolving
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
Gregoire Kasey L -- None Available
Zinga Andrea -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Stock Patrick S $105,000
Previous Owner Zinga Andrea $68,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2017 05/01/17 Sold $111,000 +1.0% $49 / Sq Ft
04/05/2017 04/05/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $109,900 -- $48 / Sq Ft
Source: RMLS Alliance

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 $2,220 $120,640 $35,340 $85,300
2023 $2,038 $120,640 $35,340 $85,300
2022 $2,468 $103,180 $35,340 $67,840
2021 $2,752 $103,180 $35,340 $67,840
2020 $240 $103,180 $35,340 $67,840
2019 $2,755 $92,200 $0 $0
2018 $2,716 $92,200 $0 $0
2017 $2,716 $92,200 $0 $0
2016 $2,978 $92,200 $0 $0
2015 $2,978 $92,200 $0 $0
2014 $3,142 $92,200 $0 $0
2013 $3,344 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4181155

RMLS Alliance

APN: 20-0203-0000