Great investment opportunity! 2 Units - each with two bedrooms and 1 bathroom. The main level was recently rented for $800/mo and the upper level recently rented at $800/mo. This property could easily be converted back to single family with 3 bedrooms on the upper level and 1 bedroom plus an office on the main level. Beautiful details in this well maintained home with wide painted woodwork, working pocket door, stained glass window and open staircase. Many updates include: sealed the foundation with water tight paint, newer window a/c units, replaced two registers downstairs, replaced knobs on all registers, repairs as needed on the boiler system, sealed plumbing pipes in the basement, and hired Boyse to replace the sewer lines from the street to house and added a clean out 7 years ago. Seller pays for the utilities averaging $300/mo. Great corner lot with a usable yard and close to the park.
Sold for $155,000
$155,000
701 7th Ave, Wellman, IA 52356
4beds
1,642sqft
Single Family Residence, Residential
Built in 1900
0.29 Acres Lot
$191,200 Zestimate®
$94/sqft
$1,593 Estimated rent
Home value
$191,200
$174,000 - $208,000
$1,593/mo
Zestimate® history
Owner options
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$1,593/mo
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$1,593/mo
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$1,062/mo
Est. payment
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$1,062/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Jessica Hochstedler Yoder 319-430-3311,
KALONA REALTY, INC.
Bought with:
Ruhl&Ruhl, Realtors
Source: Iowa City Area AOR,MLS#: 202401613
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Radiant
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Range Or Oven, Refrigerator
- Laundry: Lower Level, In Basement, Main Level
Features
- Primary On Main Level, Entrance Foyer, Breakfast Area
- Flooring: Carpet, Wood, Vinyl, Laminate
- Basement: Partial,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,642
- Total interior livable area: 1,642 sqft
- Finished area above ground: 1,642
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Front Porch
Lot
- Size: 0.29 Acres
- Dimensions: 100 x 124
- Features: Less Than Half Acre, Corner Lot, Level, Sloped
Details
- Parcel number: 0113454009
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Frame, Vinyl
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Community
- Community features: Sidewalks, Street Lights, Near Shopping, Close To School
Location
- Region: Wellman
- Subdivision: none
Other
Other facts
- Listing terms: Conventional,Cash
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2024 | Sold | $155,000-3.1%$94/sqft |
Source:  Iowa City Area AOR #202401613 Report a problem | ||
| 5/13/2024 | Price change | $159,900-5.9%$97/sqft |
Source: Iowa City Area AOR #202401615 Report a problem | ||
| 4/18/2024 | Price change | $169,900-5.6%$103/sqft |
Source: Iowa City Area AOR #202401613 Report a problem | ||
| 3/22/2024 | Listed for sale | $179,900+79.9%$110/sqft |
Source: Iowa City Area AOR #202401613 Report a problem | ||
| 4/27/2009 | Sold | $100,000$61/sqft |
Source: Public Record Report a problem | ||
| 12/27/2005 | Sold | $100,000$61/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,826 +4.5% | $173,400 +8% |
| 2024 | $2,704 +0.6% | $160,500 |
| 2023 | $2,688 +1.7% | $160,500 +16.8% |
| 2022 | $2,642 +5.8% | $137,400 |
| 2021 | $2,496 -0.5% | $137,400 +9.1% |
| 2020 | $2,508 +0.8% | $125,900 |
| 2019 | $2,488 +9.6% | $125,900 +4.8% |
| 2018 | $2,270 | $120,100 +14.9% |
| 2017 | $2,270 +10.8% | $104,500 |
| 2016 | $2,048 -0.7% | $104,500 |
| 2015 | $2,062 +3.6% | $104,500 -0.9% |
| 2014 | $1,990 +8.9% | $105,500 |
| 2013 | $1,828 +1.4% | $105,500 |
| 2012 | $1,802 -3.4% | -- |
| 2011 | $1,866 +3.9% | -- |
| 2010 | $1,796 +4.8% | -- |
| 2009 | $1,714 -1.7% | -- |
| 2008 | $1,744 +17.8% | -- |
| 2007 | $1,480 | -- |
Find assessor info on the county website
Neighborhood: 52356
Nearby schools
GreatSchools rating
- 5/10Wellman Elementary SchoolGrades: PK-K,3-4Distance: 0.2 mi
- 7/10Mid-Prairie Middle SchoolGrades: 5-8Distance: 7.2 mi
- 5/10Mid-Prairie High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: MidPrairie
- Middle: MidPrairie
- High: MidPrairie
Source: Iowa City Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Iowa
- Washington County
- Wellman
- 52356
- 701 7th Ave
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