NOT LISTED FOR SALE

1007 E Corning St Red Oak, IA 51566

Estimated Value: $40,715 - $158,000

3 Beds
3 Baths
1,632 Sq Ft
$61/Sq Ft Est. Value

Last Sold August 06, 2013

Last sale price $20,000 $12 Per Sq Ft

Est. 397% increase in value since last sale

Current estimated payment $608/month

1,192 Days on Market

About This Home

As of August 2013

Wanted: Investors CENTRAL LOCATION AND GREAT INVESTMENT PROPERTY. B-for bargain-C for sure. You could be living rent free and let the tenants pay your mortgage. A bit of repair here and there and you are ready for the next renters. This 3 bedroom 3 bath home a look and prepare to be the next owner. Rent income is $300 for Basement $400 Main floor and upstairs rents for $350. Call United Group with ask for more details.

Last Agent to Sell the Property

Marty Barnett

United Group Inc - Red Oak Listed on: 12/07/2009

United Group Inc - Red Oak

Last Buyer's Agent

Marty Barnett

United Group Inc - Red Oak Listed on: 12/07/2009

United Group Inc - Red Oak

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1905

Lot Details

  • 7,320 Sq Ft Lot
  • Lot Dimensions are 61 x 120

Parking

  • 1 Car Garage

Home Design

  • 1,632 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Hot Water Heating System

Property Details

Home Type

Apartment

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: Bishops SD W 16.25' lot 3 & E/2 Lot 4
  • Municipality: Red Oak
  • Year Built: 1905
  • Stories: 2 Stories
  • OFFICELIST_ADDRESS: 1007 E Corning Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2009-12-07
  • List Office I D: 183
  • M L Number Foreign: WCIR17002582
  • Sales Office I D: 183
  • Selling Agent: 640
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Street
  • Building Style: Apartment
  • Unit 1 Annual Rent: 3600
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Month Rent: 300
  • Unit 1 Number of Units: 1
  • Unit 1 Sq Ft: 780
  • Unit 2 Annual Rent: 4800
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Total Bathrooms: 1
  • Unit 2 Bedrooms: 1
  • Unit 2 Month Rent: 400
  • Unit 2 Number of Units: 1
  • Unit 2 Sq Ft: 780
  • Unit 3 Annual Rent: 4200
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Total Bathrooms: 1
  • Unit 3 Bedrooms: 1
  • Unit 3 Month Rent: 350
  • Unit 3 Number of Units: 1
  • Unit 3 Sq Ft: 780
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Price Per S Q F T: 12.25
  • Above Grade Finished Sq Ft: 1632
  • Room Types: Unit1 Bedroom 1, Unit1 Bedroom 2, Unit1 Bedroom 3, Unit1 Bedroom 4, Unit1 Dining Room, Unit1 Extra Room 1, Unit1 Extra Room 2, Unit1 Extra Room 3, Unit1 Extra Room 4, Unit1 Extra Room 5, Unit1 Extra Room 6, Unit1 Family Room, Unit1 Kitchen, Unit1 Living Room, Unit2 Bedroom 1, Unit2 Bedroom 2, Unit2 Bedroom 3, Unit2 Bedroom 4, Unit2 Dining Room, Unit2 Extra Room 1, Unit2 Extra Room 2, Unit2 Extra Room 3, Unit2 Extra Room 4, Unit2 Extra Room 5, Unit2 Extra Room 6, Unit2 Family Room, Unit2 Kitchen, Unit2 Living Room, Unit3 Bedroom 1, Unit3 Bedroom 2, Unit3 Bedroom 3, Unit3 Bedroom 4, Unit3 Dining Room, Unit3 Extra Room 1, Unit3 Extra Room 2, Unit3 Extra Room 3, Unit3 Extra Room 4, Unit3 Extra Room 5, Unit3 Extra Room 6, Unit3 Family Room, Unit3 Kitchen, Unit3 Living Room, Unit4 Bedroom 1, Unit4 Bedroom 2, Unit4 Bedroom 3, Unit4 Bedroom 4, Unit4 Dining Room, Unit4 Extra Room 1, Unit4 Extra Room 2, Unit4 Extra Room 3, Unit4 Extra Room 4, Unit4 Extra Room 5, Unit4 Extra Room 6, Unit4 Family Room, Unit4 Kitchen, Unit4 Living Room

Exterior Features

  • Exterior: Other

Utilities

  • Garage Stalls: 1
  • Heating: Hot Water

Condo/Co-op/Association

  • Common Features: Patio

Fee Information

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

Lot Info

  • Acres: 0.17
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 61 X 120
  • Lot Size Sq Ft: 7320
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Multi Family

  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

Tax Info

  • Gross Taxes: 1912

MLS Schools

  • School District: 5463 - Red Oak
  • School District Name: Red Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2009
Closed on
Aug 1, 2013
Sold by
Herrick Melvin S and Herrick Elizabeth L
Bought by
1007 E Corning Llc
Seller's Agent
Marty Barnett
United Group Inc - Red Oak
Buyer's Agent
Marty Barnett
United Group Inc - Red Oak
List Price
$55,000
Sold Price
$20,000
Premium/Discount to List
-$35,000
-63.64%
Current Estimated Value
$99,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,429
Avg. Annual Appreciation
13.79%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
1007 E Corning Llc $20,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2013 08/06/13 Sold $20,000 -63.6% $12 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
12/07/2009 12/07/09 For Sale $55,000 -- $34 / 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
2025 $1,038 $27,480 $11,400 $16,080
2024 $1,038 $44,220 $11,400 $32,820
2023 $1,032 $41,970 $9,150 $32,820
2022 $1,142 $38,250 $9,150 $29,100
2021 $1,220 $38,250 $9,150 $29,100
2020 $1,220 $38,250 $9,150 $29,100
2019 $1,326 $38,250 $9,150 $29,100
2018 $1,370 $38,250 $0 $0
2017 $1,370 $38,250 $0 $0
2015 $1,848 $49,800 $0 $0
2014 $1,992 $44,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Marty Barnett

    United Group Inc - Red Oak

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Map

Source: NoCoast MLS

MLS Number: NOC5428111

NoCoast MLS

APN: 600-62-82-530110-00

Iowa Montgomery County Red Oak 51566

1007 E Corning St, Red Oak, IA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NoCoast MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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