NOT LISTED FOR SALE

1037 E 17th St N Unit 4 Newton, IA 50208

Estimated Value: $290,000 - $318,594

-- Bed
5 Baths
2,759 Sq Ft
$110/Sq Ft Est. Value

Last Sold May 28, 2019

Last sale price $255,000 $92 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,060/month

330 Days on Market

Highlights

  • 4 Kitchens
  • Laundry Room
  • Forced Air Heating and Cooling System
  • No HOA
  • Storage

About This Home

As of May 2019

Meticulously maintained 4-Plex Investment property. Unit #4 is a 3 BR, 2 Bath 1884 sq ft unit with fireplace & 2 car attached garage that rents for $1050 per month with a 1 year lease. This could also be an owner's unit. Two daylight lower level 1 BR, 1 bath units at 750 sq ft each rent for $475 & $455. One upper 1 Bedroom, 1 bath unit at 915 sq ft rents for $525. All units include appliances & attached garages w remotes. Beautifully landscaped yard with wrap around deck. Coin operated laundry & work room & storage area in lower level. Tenant pays electric & gas. Landlord pays water. All units are rented with receipts at $2505.00 per month.

Last Listed By

Jo Jenkins

RE/MAX Concepts Listed on: 07/02/2018

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,508

Year Built

  • Built in 1978

Lot Details

  • 10,202 Sq Ft Lot
  • Lot Dimensions are 85 x 120

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,759 Sq Ft Home
  • 1.5-Story Property
  • Storage
  • Laundry Room
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • 4 Kitchens
  • Stove
  • Dishwasher

Parking

  • 4 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0826326047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,508

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 97.50
  • Sp Amt Sq Ft: 92.42
  • Unit: 4
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Dishwashers: 4
  • Disposals: 4
  • Refrigerators: 4
  • Stoves Total: 4
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • First Floor Full Bathrooms: 3
  • Third Floor Full Bathrooms: 2
  • Basement Description: Daylight Window, Finished
  • Sq Ft Bsmt: 1664
  • Sq Ft Fin Bsmt: 1500
  • Kitchens: 4
  • Laundry: Yes
  • Storage: Yes
  • Included Items: Dishwasher, Refrigerator, Stove
  • Living Area Sq Ft: 2759
  • Total Sq Ft: 2759

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Concrete Block
  • Paved: Yes
  • Roof: Asphalt Shingle
  • Sidewalk: Y
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 4+ Detached
  • Off Street Parking: 5

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Newton

Lot Info

  • Acres: 0.2342
  • Lot S F: 10202
  • Lot Shape: Regular
  • Lot Size: 85 X 120
  • Assessor Parcel Number: 0826326047
  • Zoning: R

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Landlord, Misc Exp Landlord, Water Landlord

Tax Info

  • Gross Taxes: 5508.00
  • Net Taxes: 5302.00

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Newton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2020
Sold by
Clevenger Properties Llc
Bought by
Dittmer Jeremy T and Dittmer Jacquelyn J
Total Days on Market
330
Current Estimated Value
$303,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,345
Outstanding Balance
$104,554
Interest Rate
3.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$201,975

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
Dittmer Jeremy T $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dittmer Jeremy T $116,345
Previous Owner Clevenger Properties Llc $191,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2019 05/28/19 Sold $255,000 -10.5% $92 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
07/02/2018 07/02/18 For Sale $285,000 -- $103 / Sq Ft
Source: Des Moines Area Association of REALTORS®

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 $4,524 $250,620 $32,980 $217,640
2023 $4,524 $250,620 $32,980 $217,640
2022 $5,652 $209,200 $32,980 $176,220
2021 $4,010 $223,320 $37,100 $186,220
2020 $4,010 $150,080 $13,110 $136,970
2019 $4,798 $157,290 $0 $0
2018 $4,798 $157,290 $0 $0
2017 $5,302 $157,290 $0 $0
2016 $5,302 $157,290 $0 $0
2015 $5,546 $157,290 $0 $0
2014 $5,564 $157,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 564619

Des Moines Area Association of REALTORS®

APN: 08-26-326-047