NOT LISTED FOR SALE
-- Beds
-- Baths
10,000 Sq Ft
0.98 Acre Lot

Sale Details

Date Sold: November 28, 2022

Last sale price $2,800,000 $280 Per Sq Ft

81 Days on Market

Highlights

  • 42,689 Sq Ft lot
  • Laundry Room
  • 3-minute walk to Marshalltown Parks & Rec

About This Home

As of November 2022

57 unit, 4 story all brick apartment building in Marshalltown. All 1BD/1BA units. Low vacancy. Elevator, owned laundry, secure entry, excellent onsite management/maintenance. Electricity sub-metered and billed to tenants. 2 new boilers 2019.

Last Agent to Sell the Property

Jack Nooren

Focus Real Estate Advisors License #B33552000 Listed on: 07/01/2022

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,053

Year Built

  • Built in 1968

Lot Details

  • 42,689 Sq Ft Lot
  • Lot Dimensions are 267x183
  • Additional Parcels

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 10,000 Sq Ft Home
  • Brick Basement
  • Laundry Room

Parking

  • 37 Open Parking Spaces
  • No Garage
  • Parking Available
  • On-Street Parking

Schools

  • Marshalltown Elementary And Middle School
  • Marshalltown High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • 57 Units
  • Water Sewer Expense $13,000

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 841826335016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,053

Year Built

Built in 1968

Lot Details

0.98 Acres

Listing Details

  • Parcel Number: 841826335016
  • Year Built: 1968
  • Property Sub-Type: Multi-Family 5+
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Laundry Room
  • Co List Office Phone: 858-750-5000
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 10000
  • Reso Roof: Flat, Tar & Gravel
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Brick/Mortar

Exterior Features

  • Construction Type: Brick
  • Siding: Brick

Garage/Parking

  • Open Parking Spaces: 37
  • Parking Features: None, Parking Space, Street Parking

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gas
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 13000

Schools

  • Elementary School: Marshalltown
  • High School: Marshalltown
  • Middle Or Junior School: Marshalltown

Lot Info

  • Zoning: R-3
  • Lot Dimensions: 267x183
  • Lot Size Sq Ft: 42689
  • Additional Parcels: Yes

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: Over 9 Months

Multi Family

  • Number Of Units Total: 57

Tax Info

  • Tax Annual Amount: 16053

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Oct 28, 2022
Sold by
Hauser Richard L and Hauser Connie
Bought by
Seller's Agent
Jack Nooren
Focus Real Estate Advisors
List Price
$2,968,000
Sold Price
$2,800,000
Premium/Discount to List
-$168,000
-5.66%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2022
Closed on
Oct 26, 2022
Sold by
Grant Park Llc
Bought by
Judge Mike A and Kleinman Lauri E
Seller's Agent
Jack Nooren
Focus Real Estate Advisors
List Price
$2,968,000
Sold Price
$2,800,000
Premium/Discount to List
-$168,000
-5.66%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2013
Sold by
Marshalltown Senior Citizens Associates
Bought by
Grant Park Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$32,000 --
Judge Mike A $2,800,000 --
Grant Park Llc $1,490,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $4,500,000
Closed Judge Michael $1,500,000
Previous Owner Grant Park Llc $1,100,000
Previous Owner Grant Park Llc $1,275,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/28/2022 11/28/22 Sold $2,800,000 -5.7% $280 / Sq Ft
09/27/2022 09/27/22 For Sale $2,968,000 0.0% $297 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $2,968,000 -- $297 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $29,290 $1,610,040 $59,440 $1,550,600
2024 $29,290 $1,516,300 $59,440 $1,456,860
2023 $24,558 $1,516,300 $59,440 $1,456,860
2022 $29,262 $1,097,010 $59,440 $1,037,570
2021 $30,938 $1,097,010 $59,440 $1,037,570
2020 $30,937 $1,097,010 $59,440 $1,037,570
Source: Public Records

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20223023

Northeast Iowa Regional Board of REALTORS®

APN: 0726335016

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