NOT LISTED FOR SALE

104 N Neptune St Marathon, IA 50565

6 Beds
4 Baths
2,688 Sq Ft
0.39 Acres

Last Sold April 10, 2023

Last sale price $150,000 $56 Per Sq Ft

78 Days on Market

About This Home

As of April 2023

4-Unit Property.  Exterior Parking.  Great Investment Opportunity. Looking for your next investment opportunity?  This 4-unit complex is fully occupied and is a great investment. There are two one-bedroom units and two two-bedroom units.  All units have a living space, kitchen/dining, full bathroom, and either one or two bedrooms. Market Rates are as follows: Unit 104-1: 2 Bed, 1 Bath, $500/mo (effective 11/1) Unit 104-2: 1 Bed, 1 Bath, $400/mo (effective 11.1) Unit 104-3: 1 Bed, 1 Bath, $400/mo (effective 11.1) Unit 104-4: 2 Bed, 1 Bath, $500/mo (effective 11/1) Market Rent Roll: $1,800 Actual Rent Roll: $1,700 There is a separate shared laundry space that contains a coin-operated washer and dryer.  This yield approximately $100/month. Tenant pay for: Water/Sewer Electric Garbage Pet: $20/month Owner pays for: Electric/Water/Sewer for Common Spaces: $200/month Insurance: $137.50/month Taxes: approx $722/year Lawn/Snow Removal: $75/month Security deposits will be included upon closing. There is ample exterior parking available for tenants.

Last Agent to Sell the Property

Adam Doughan

Real Broker, LLC License #S64819 Listed on: 11/16/2022

Last Buyer's Agent

Joyce Rasmus

Rasmus Realty & Auction License #B43050

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $722

Year Built

  • Built in 1972

Lot Details

  • 0.39 Acre Lot

Home Design

  • 2,688 Sq Ft Home

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Internet Available

Community Details

  • 4 Units
  • Coin Laundry

Listing and Financial Details

  • Assessor Parcel Number 0421253002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$722

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Legal Description: 09-06 MARATHON CORP. & LOT 10 & N20' LOT 8
  • Year Built: 1972
  • Audio Surveillance: No
  • Current Leases Available: Yes
  • Video Surveillance: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2688
  • Main Level Sq Ft: 2688
  • Price Per Sq Ft: 55.8

Garage/Parking

  • Internet: Yes
  • Off Street Parking: 4

Utilities

  • Air Conditioning Type: Window Unit
  • Fuel Type: Electric
  • Heat Type: Baseboard
  • Sewer Type: City
  • Water Type: City
  • Coin Operated Laundry: Yes

Lot Info

  • Acres: 0.39
  • Parcel Number: 0421253002
  • Zoning: Multi-Res

Rental Info

  • Paid By Electric: Tenant
  • Paid By Gas: Owner
  • Paid By Water: Tenant

Tax Info

  • Year: 2021
  • Gross Taxes: 722

Multi Family

  • Rental Income: 1700
  • Electric Separate By Unit: Yes
  • Heat Separate By Unit: Yes
  • Number Of Units: 4
  • Water Separate By Unit: Yes

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $150,000 -5.7% $56 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
11/16/2022 11/16/22 For Sale $159,000 -- $59 / Sq Ft
Source: Northwest Iowa Regional Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Adam Doughan

    Seller's Agent in 2023

    Adam Doughan

    Real Broker, LLC

    (712) 441-6097

    268 Total Sales

    Adam Doughan
    Section Image
  • Joyce Rasmus

    Buyer's Agent in 2023

    Joyce Rasmus

    Rasmus Realty & Auction

    (712) 229-1202

    122 Total Sales

    Joyce Rasmus
    Section Image
See All Agents

Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 819417

Northwest Iowa Regional Board of REALTORS®
Iowa Buena Vista County Marathon 50565

104 N Neptune St, Marathon, IA

This home is located at 104 N Neptune St, Marathon, IA 50565 since 16 November 2022. This property was built in 1972. 104 N Neptune St is a home located in Buena Vista County with nearby schools including Laurens-Marathon Elementary School, Laurens-Marathon Middle School, and Laurens-Marathon High School.

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.

Northwest Iowa Regional Board of REALTORS® Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.

Nearby Homes