NOT LISTED FOR SALE

107 W Main St Fertile, IA 50434

Estimated Value: $82,000 - $104,666

4 Beds
2 Baths
1,475 Sq Ft
$63/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $25,000 $17 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $506/month

271 Days on Market

About This Home

As of July 2020

INCOME PRODUCING INVESTMENT PROPERTY...with this duplex in downtown Fertile at a no frills price! Todays low interest rates mean high investment. Step up to this golden opportunity and start building equity. Unit #107 has 1 bedroom, 1 bath, refrigerator, stove and has 575 sq. ft.#107 1/2 has 900 sq. ft. , 3 bedrooms, 1 bath, refrigerator & stove. both units have hookups for washer & dryer. Existing washers and dryers belong to tenants. Both units are rented on month to month basis. Property is in an Estate and will be sold in as is, where is condition with no warranties or guarantees expressed or implied.

Last Agent to Sell the Property

Julie McQuaid

McQuaid Agency Listed on: 09/21/2019

Last Buyer's Agent

Julie McQuaid

McQuaid Agency Listed on: 09/21/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 8,843

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,475 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $88
  • Trash Expense $1,440
  • Gross Income $9,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: parcel# 0934284016 and parcel# 0934284007.
  • Municipality: Fertile
  • Year Built: 1930
  • Stories: 1.5 Stories
  • OFFICELIST_ADDRESS: 107 W Main Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2019-09-21
  • List Office I D: 1108
  • M L Number Foreign: NCIR62020146
  • Sales Office I D: 1108
  • Selling Agent: 3577
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Street
  • Building Style: Duplex Other
  • Unit 1 Appliances: Range, Refrigerator
  • Unit 1 Annual Rent: 4200
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Month Rent: 350
  • Unit 1 Number of Units: 1
  • Unit 1 Rooms Total: 1
  • Unit 1 Sq Ft: 575
  • Unit 2 Appliances: Range, Refrigerator
  • Unit 2 Annual Rent: 4800
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Total Bathrooms: 1
  • Unit 2 Bedrooms: 3
  • Unit 2 Month Rent: 400
  • Unit 2 Number of Units: 1
  • Unit 2 Rooms Total: 1
  • Unit 2 Sq Ft: 900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Basement: Partial Finished
  • Price Per S Q F T: 16.95
  • Above Grade Finished Sq Ft: 1475
  • 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

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Brick/Stone
  • Road Frontage: Sidewalks, Other
  • Roof: Other

Garage/Parking

  • Description: On-Street Parking Only
  • Fuel: Natural Gas

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Condo/Co-op/Association

  • Common Features: Private Entrance, W/D Hookups

Fee Information

  • Expense Electric: 88
  • Annual Expense: 2282.04
  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Schools

  • School District: Forest City
  • School District Phone: 641-585-2323

Lot Info

  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 2 parcels
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Multi Family

  • Expense Trash: 1440
  • Tenant Expenses: Cable T.V., Electricity, Fuel
  • Total Units: 2
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

Tax Info

  • Tax Year: 2018
  • Gross Taxes: 842

MLS Schools

  • School District: 2295 - Forest City
  • School District Name: Forest City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2021
Sold by
A & M Concepts Limited Liability Company
Bought by
Haugen Darcy M
Current Estimated Value
$78,233
Source: Public Records

Range of Values:

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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
Haugen Darcy M -- Gerald M Stambaugh Laird Law F
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2020 07/16/20 Sold $25,000 -47.9% $17 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
04/30/2020 04/30/20 Price Changed $48,000 -12.6% $33 / Sq Ft
09/21/2019 09/21/19 For Sale $54,900 -- $37 / 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 $892 $58,254 $7,698 $50,556
2023 $894 $58,254 $7,698 $50,556
2022 $838 $51,495 $3,019 $48,476
2021 $852 $51,495 $3,019 $48,476
2020 $852 $49,388 $3,019 $46,369
2019 $826 $31,553 $3,019 $28,534
2018 $852 $29,265 $3,351 $25,914
2017 $832 $29,265 $3,351 $25,914
2016 $842 $29,265 $0 $0
2015 $842 $26,365 $0 $0
2014 $758 $26,365 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5467039

NoCoast MLS

APN: 0934284016