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1000 Franklin Street

1000 Franklin Street, Burlington, IA 52601
Property in Des Moines
Sold Nov 12, 2019
$30,000
$22,000 by Farmers & Merchants Bank
Mortgage
Sold Oct 24, 2019
$22,000
$22,000 by Farmers & Merchants Bank
Mortgage
1000 Franklin Street in Burlington, IA was first built in 1870 and is 154 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1000 Franklin Street has 2,349 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,003 sqft and has been categorized as a full basement. In total, the area measurement of the land is 11,021 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 520 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as poor. The exterior walls of the home are made of wood. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a radiant heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1000 Franklin Street sold most recently in Nov 11, 2019 for a total of $30,000. If you work out the math, that's approximately a cost of $12.77 per sqft. Before that, the property was also sold for $22,000 in Oct 1, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $470 in taxes each year. The initial year of tax delinquency occurred in 2017. 1000 Franklin Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $32,700. If we break it down further, the land itself was valued at $14,500. Improvements to the property, however, were assessed at a total of $18,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Poor
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,003
  • Garage Type: Detached
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,021
  • Total Building Area: 2,349
  • Building Area: 2,349
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Radiant
  • Heated Square Feet: 2,349
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SCHRAMMS SUB
  • Land Acres: 0.253
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 15 & 16 BLK 987 SCHRAMMS SUB

Ownership

  • Current Owner : ANDREWS DONALD
  • Previous Owner : CA PROPERTIES LLC
  • Owner Before Previous Owner: FMBT PROPERTIES LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Burlington Community School District
  • School Tax School District: BURLINGTON SD
  • Census Tract: 000200

Geography

  • Assessors Map Reference: MB: 11-32C
  • District: 001
  • Parcel: 11-32-260-017
  • Block: 987
  • Lot: 15
  • Municipality: BURLINGTON
  • Latitude: 40.8188
  • Longitude: -91.1083

    Address

  • Full Address: 1000 Franklin St
  • Address - House Number: 1000
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: IA
  • City Name: Burlington
  • Carrier Code: C019
  • 4-Digit Zip Code: 4864
  • Zip Code: 52601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $470
  • Intital Tax Deliquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.4807
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 3
  • Final Value: 107,870
  • High Value: 159,727
  • Low Value: 56,012

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $22,000
  • First Open Lien Mortgage Lender: FARMERS & MERCHANTS BANK
  • First Open Lien Mortgage Recording Date: Oct 24, 2019
  • First Open Lien Mortgage Loan Amount: $22,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $32,700
  • Market Land Value: $14,500
  • Market Improvement Value: $18,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,700
  • Assessed Land Value: $14,500
  • Assessed Improvements Value: $18,200

    Sales

  • Current Sale Contract Date: Nov 11, 2019
  • Current Sale Recording Date: Nov 12, 2019
  • Current Sale Transaction ID: 11706766886
  • Current Sale Price: $30,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019-005406
  • Previous Sale Recording Date: Oct 24, 2019
  • Previous Sale Contract Date: Oct 01, 2019
  • Previous Sale Amount: $22,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FARMERS & MERCHANTS BANK
  • Previous Mortgage Transaction Date: Oct 24, 2019
  • Previous Mortgage Loan Amount: $22,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Burlington



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Frequently Asked Questions

What neighborhood is 1000 Franklin Street located in?
The 1000 Franklin Street is a located in the neighborhood of Des Moines in Burlington, Burlington.
What is the average sales price for listings in 1000 Franklin Street?
The average sales price for units in 1000 Franklin Street is $0 currently.

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