NOT LISTED FOR SALE

1005 High St Grinnell, IA 50112

Estimated Value: $124,000 - $148,000

5 Beds
2 Baths
2,064 Sq Ft
$66/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $107,000 $52 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $980/month

16 Days on Market

About This Home

As of August 2022

Here is your next investment property opportunity! Duplex that is one block from Grinnell College and in close proximity to downtown Grinnell. The first floor unit is 3 bedrooms, 1 bathroom with in-unit laundry. The second floor unit is 2 bedrooms, 1 bathroom with deck access. Property had the kitchens and bathrooms remodeled in 2019. Call today for a showing!

Last Agent to Sell the Property

Bennett Wiltfang

RE/MAX Partners Realty, Grinnell Listed on: 06/14/2022

RE/MAX Partners Realty, Grinnell

Last Buyer's Agent

Matt Karjalahti

RE/MAX Partners Realty, Grinnell License #***

RE/MAX Partners Realty, Grinnell

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,444

Year Built

  • Built in 1900

Lot Details

  • 0.32

Home Design

  • Duplex
  • Concrete Block With Brick
  • Asphalt Shingled Roof

Interior Spaces

  • 2,064 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 0.32 Acre Lot
  • Forced Air Heating System

Community Details

  • 2 Units
  • Gross Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,444

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: GRINNELL S 15' LOT 11 & ALL LOT 12 BLOCK 25
  • Municipality: Grinnell
  • Year Built: 1900
  • Stories: 2 Stories
  • OFFICELIST_ADDRESS: 1005 High Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2022-06-14
  • List Office I D: 395
  • Sales Office I D: 395
  • Selling Agent: 2136
  • Street Designation: Street
  • Building Style: Duplex Up and Down
  • Unit 1 Air Conditioning: Window
  • Unit 1 Appliances: Range, Refrigerator, Washer, Dryer
  • Unit 1 Annual Rent: 12600
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Month Rent: 1050
  • Unit 1 Number of Units: 1
  • Unit 2 Air Conditioning: Window
  • Unit 2 Appliances: Range, Refrigerator
  • Unit 2 Annual Rent: 8400
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Total Bathrooms: 1
  • Unit 2 Bedrooms: 2
  • Unit 2 Month Rent: 700
  • Unit 2 Number of Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: Two
  • Bedrooms: 5
  • Total Bathrooms: 2
  • Basement: Full, Concrete Block
  • Price Per S Q F T: 51.84
  • Above Grade Finished Sq Ft: 2064
  • Below Grade Total Sq Ft: 1012
  • Fireplace: No
  • Total Finished Sq Ft: 2064

Exterior Features

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Other
  • Roof: Asphalt Shingles

Garage/Parking

  • Fuel: Natural Gas

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Association/Amenities

  • Complex/Development/Subdivision: Grinnell

Fee Information

  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Schools

  • School District: Grinnell-Newburg
  • School District Number: 2709
  • School District Phone: 641-236-2700

Lot Info

  • Acres: 0.32
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Size Sq Ft: 13939.2
  • Lot Size Units: Acres

Green Features

  • Certification: No

Rental Info

  • Availability: Available
  • Rental License: No

Multi Family

  • Number Of Refrigerators: Two
  • Total Units: 2

Tax Info

  • Tax With Assessments: 1444
  • Tax Year: 2021
  • Gross Taxes: 1444

MLS Schools

  • School District: 2709 - Grinnell-Newburg
  • School District Name: Grinnell-Newburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Jul 29, 2022
Sold by
Md Home Services Llc
Bought by
Rozendaal William A and Rozendaal Norma J
Seller's Agent
Bennett Wiltfang
RE/MAX Partners Realty, Grinnell
Buyer's Agent
Matt Karjalahti
RE/MAX Partners Realty, Grinnell
List Price
$125,900
Sold Price
$107,000
Premium/Discount to List
-$18,900
-15.01%
Current Estimated Value
$157,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,292
Avg. Annual Appreciation
15.64%
Original Mortgage
$100,000
Outstanding Balance
$96,418
Interest Rate
5.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
$69,991

Purchase Details

Closed on
Oct 2, 2007
Sold by
Durbala Michael P and Durbala Sandra J
Bought by
Md Home Services Llc
Source: Public Records

Range of Values:

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Average Value
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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
Rozendaal William A $107,000 --
Md Home Services Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rozendaal William A $100,000
Previous Owner Md Homes Services Llc $87,000
Previous Owner Md Homes Services Llc $44,364
Previous Owner Durbala Michael P $69,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $107,000 -15.0% $52 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $125,900 -- $61 / Sq Ft
Source: NoCoast MLS

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 $1,744 $105,890 $28,070 $77,820
2023 $1,726 $105,890 $28,070 $77,820
2022 $1,710 $91,280 $22,890 $68,390
2021 $1,710 $86,110 $21,590 $64,520
2020 $1,414 $72,700 $21,590 $51,110
2019 $1,434 $72,700 $21,590 $51,110
2018 $1,410 $72,700 $21,590 $51,110
2017 $1,440 $72,700 $21,590 $51,110
2016 $1,312 $72,700 $21,590 $51,110
2015 -- $66,450 $21,260 $45,190
2014 -- $66,450 $21,260 $45,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6219794

NoCoast MLS

APN: 180-0639400