NOT LISTED FOR SALE

1011 High St Grinnell, IA 50112

Estimated Value: $178,000 - $269,000

5 Beds
4 Baths
2,231 Sq Ft
$104/Sq Ft Est. Value

Last Sold May 06, 2013

Last sale price $122,000 $55 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,535/month

95 Days on Market

About This Home

As of May 2013

Great investment property. 4-plex close to Grinnell College and downtown. Good cash flow many improvements and well maintained. Newer windows in 1999, new siding and gutters in 2000. Each unit has its own hot water heater. Newer plumbing throughout. 400 amp service w/5 meters. Tenant pays utilities and water landlord pays for lawn and snow removal.

Last Agent to Sell the Property

Robin Marcinik

Grinnell Realty LLC Listed on: 01/21/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,282

Year Built

  • Built in 1900

Lot Details

  • 7,841

Parking

  • 1 Car Garage

Home Design

  • 2,231 Sq Ft Home
  • Duplex

Additional Features

  • 4 Full Bathrooms
  • 7,841 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • Insurance Expense $1,428

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,282

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: Grinnell N 60'EX RY lot 11 BlK 25
  • Municipality: Grinnell
  • Year Built: 1900
  • Stories: 2 Stories
  • Inspections: Self Inspected
  • OFFICELIST_ADDRESS: 1011 High Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2013-01-21
  • List Office I D: 585
  • M L Number Foreign: MIR34016445
  • Sales Office I D: 585
  • Selling Agent: 1921
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Street
  • Building Style: Duplex Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 54.68
  • Above Grade Finished Sq Ft: 2231
  • 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: Forced Air, Other

Condo/Co-op/Association

  • Common Features: Security Deposit, Other/See Remarks, Private Entrance

Fee Information

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

Schools

  • School District: Grinnell-Newburg

Lot Info

  • Acres: 0.18
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Size Sq Ft: 7840.8
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Multi Family

  • Expense Insurance: 1428
  • Tenant Expenses: Electricity, Fuel, Trash Collection, Water
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2021
Sold by
Waite Barbara T and Hurley Erin D
Bought by
Jackson Family Llc
Current Estimated Value
$231,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Outstanding Balance
$146,395
Interest Rate
3.09%
Mortgage Type
Commercial
Estimated Equity
$79,519

Purchase Details

Listed on
Jan 21, 2013
Closed on
May 6, 2013
Sold by
Sumner Joseph J and Sumner Janell L
Bought by
Waite Barbara T
Seller's Agent
Robin Marcinik
Grinnell Realty LLC
List Price
$129,900
Sold Price
$122,000
Premium/Discount to List
-$7,900
-6.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Source: Public Records

Range of Values:

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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
Jackson Family Llc $197,000 None Available
Waite Barbara T $122,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Family Llc $157,600
Closed Jackson Family Llc $157,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2013 05/06/13 Sold $122,000 -6.1% $55 / Sq Ft
04/26/2013 04/26/13 Pending -- -- --
01/21/2013 01/21/13 For Sale $129,900 -- $58 / 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 $3,282 $199,340 $18,530 $180,810
2023 $2,934 $199,340 $18,530 $180,810
2022 $3,424 $155,140 $15,680 $139,460
2021 $3,424 $155,140 $15,680 $139,460
2020 $3,284 $130,470 $14,250 $116,220
2019 $2,686 $130,470 $14,250 $116,220
2018 $2,838 $103,280 $14,030 $89,250
2017 $2,966 $103,280 $14,030 $89,250
2016 $3,162 $103,280 $14,030 $89,250
2015 -- $103,280 $14,030 $89,250
2014 -- $88,690 $13,850 $74,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5469862

NoCoast MLS

APN: 180-0710400