$154,000
SOLD MAY 29, 2026

104 1st Ave E Unit 1 Newton, IA 50208

Studio
15 Baths
514 Sq Ft
0.34 Acre Lot

Sale Details

Date Sold: May 29, 2026

$300 Per Sq Ft

15,399,900% Above List Price

34 Days on Market

About This Home

As of May 2026

ONLINE ONLY AUCTION – • Online-Only Bidding: register at www.bidheritage.hibid.com • Offering: All 15 condo units as (1) portfolio package • Online Bidding Ends: April 30th at 6:00 PM (CT)
The Jewel Condominiums, a second-level multifamily development located directly across from the courthouse. Offering includes 15 deeded condo units (11 one-bedroom, 4 efficiency) Ten units are nearly complete while five units are taken to the studs and ready for finishing. Common areas have been updated, and a new roof was installed in 2025. Property features elevator access, two secured entrances (1st Ave & 1st St), city water/sewer, electric heat, and central A/C.
Project is currently vacant, providing flexibility for an investor to complete construction and implement a lease-up or resale strategy. Strong small-market rental demand and walkable downtown location enhance long-term potential.
It is highly encouraged that prospective bidders tour the property and conduct their own assessment, prior to bidding. The Property will be open for preview on the following dates. • Saturday, April 11th at 10:00am to 12:00pm (CST)
• Saturday, April 25th at 10:00am to 12:00pm (CST)
To arrange a private tour of the property, please contact listing agent. All information is believed to be accurate but not guaranteed. Buyers should conduct their own due diligence and personally inspect the property prior to bidding. Property is being offered at auction in “As Is” condition.

Last Agent to Sell the Property

Scot Bergman

Agency Iowa Listed on: 04/01/2026

Last Buyer's Agent

Scot Bergman

Agency Iowa Listed on: 04/01/2026

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

HOA Fees

  • $1,021 Monthly HOA Fees

Home Design

  • 514 Sq Ft Home
  • Brick Exterior Construction

Additional Features

  • 15 Full Bathrooms
  • Forced Air Heating and Cooling System

Community Details

  • 15 Units
  • Association Phone (641) 792-4160

Listing and Financial Details

  • Assessor Parcel Number 0834142001

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0.34 Acres

HOA Fees

$1,021 per month

Listing Details

  • Property Type: Multi-Family
  • Style: Apartment Style
  • Sp Amt Sq Ft: 299.61
  • Termite: Call Listing Agent
  • Unit: 1
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 15.00
  • Full Bathrooms: 15
  • First Floor Full Bathrooms: 11
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Living Area Sq Ft: 514
  • Total Sq Ft: 514

Exterior Features

  • Exterior: Brick
  • Street Feature: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Electric Forced Air

Condo/Co-op/Association

  • Association Fee: 12250.0000
  • Association Fee Term: Year
  • Association Fee: Yes

Association/Amenities

  • HOA Name: Jewel Condominium HOA
  • Management Firm: Self
  • Management Firm Phone: (641) 792-4160

Lot Info

  • Assessor Parcel Number: 0834142001
  • Zoning: Resid

Tax Info

  • Gross Taxes: 7552.00
  • Net Taxes: 7552.00

Multi Family

  • Total Units: 15

MLS Schools

  • School District: Newton

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
Apr 1, 2026
Closed on
May 26, 2026
Sold by
Bought by
Seller's Agent
Scot Bergman
Agency Iowa
Buyer's Agent
Scot Bergman
Agency Iowa
List Price
$1
Sold Price
$154,000
Premium/Discount to List
$153,999
15399900%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17458.59%

Purchase Details

Closed on
Jan 20, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,636
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,636
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
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

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 Type Sale Price Title Company
Warranty Deed $154,000 None Listed On Document
Warranty Deed $159,000 None Available
Quit Claim Deed -- 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 Loan Amount Loan Type
Previous Owner $150,636 Purchase Money Mortgage
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
05/29/2026 05/29/26 Sold $154,000 +15399900.0% $300 / Sq Ft
05/05/2026 05/05/26 Pending -- -- --
04/01/2026 04/01/26 For Sale $1 -- $0 / Sq Ft
Source: Des Moines Area Association 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 $3,888 $21,980 $1,000 $20,980
2024 $3,888 $26,080 $1,000 $25,080
2023 $2,894 $26,080 $1,000 $25,080
2022 $476 $21,950 $1,000 $20,950
2021 $290 $20,680 $1,000 $19,680
2020 $290 $11,960 $1,000 $10,960
2019 $260 $10,370 $0 $0
2018 $260 $10,370 $0 $0
2017 $704 $10,370 $0 $0
2016 $256 $10,370 $0 $0
2015 $250 $10,370 $0 $0
2014 $242 $10,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 737444

Des Moines Area Association of REALTORS®

APN: 08-34-142-001

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