NOT LISTED FOR SALE

120 N Washington St Edgewood, IA 52042

-- Bed
-- Bath
5,310 Sq Ft
7,318 Sq Ft Lot

Last Sold February 15, 2024

Last sale price $225,000 $42 Per Sq Ft

31 Days on Market

About This Home

As of February 2024

Now is the time to start building your retirement plan and this is a great first purchase! Two retail spaces and 6 apartments to get you started in house farming. This mostly rented unit has endless possibilities. Edgewood is an industrial driven town which means rentals are in demand. Showings would need 24 hours notice to see the entire building however there is one apartment not rented and one retail space that can be toured without 2 hour notice.

Last Agent to Sell the Property

Susan Meyer

EXIT Unlimited Listed on: 12/05/2023

EXIT Unlimited

Last Buyer's Agent

Outside MLS

UNKNOWN OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,150

Year Built

  • Built in 1900

Lot Details

  • 7,318

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Stone Foundation
  • Rolled or Hot Mop Roof
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partial Basement
  • Range

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Gas Available

Listing and Financial Details

  • Tenant pays for gas, electric, heat
  • The owner pays for water, trash
  • Assessor Parcel Number 24-35-380-007

Community Details

Overview

  • 8 Units

Building Details

  • Insurance Expense $3,955
  • Maintenance Expense $1,700
  • Utility Expense $4,074
  • Real Estate Tax Expense $2,275
  • Net Operating Income $17,612

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,150

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: 2 Story
  • Style2: 2 Story
  • Type: 5 Or More Units
  • Year Built: 1900
  • Lvt Date: 12/06/2023
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Estimated Total Above Ground Sq Ft: 5310
  • Estimated Finished Sq Ft: 5310
  • Estimated Sq Ft: 5310
  • Estimated Main Sq Ft: 3966
  • Estimated Upper Sq Ft: 1344
  • Basement: Partial

Exterior Features

  • Foundation: Block, Rock
  • Roof: Flat, Rolled, Rubber
  • Siding: Brick, Vinyl

Garage/Parking

  • Parking: On Street, Off Street

Utilities

  • Fuel Type: Gas
  • Heat Type: Forced Air

Schools

  • Elementary School: Ed-Co
  • Middle School: Ed-Co
  • High School: Ed-Co

Lot Info

  • Parcel Id Number: 24-35-380-007
  • Zoning: c- m

Rental Info

  • Owner Pays: Water, Trash
  • Tenant Pays: Gas, Electric, Heat

Multi Family

  • Number Of Units: 8

Range of Values:

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Average Value
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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

Mortgage History

Date Status Borrower Loan Amount
Closed Bonnieandclyde Llc $224,602
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $225,000 -24.7% $42 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
12/05/2023 12/05/23 For Sale $299,000 -- $56 / Sq Ft
Source: East Central Iowa 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 $2,150 $152,420 $20,314 $132,106
2023 $2,276 $125,239 $20,314 $104,925
2022 $2,048 $113,401 $18,468 $94,933
2021 $2,464 $113,401 $18,468 $94,933
2020 $2,464 $123,214 $13,178 $110,036
2019 $2,462 $123,214 $13,178 $110,036
2018 $2,462 $114,639 $12,461 $102,178
2017 $2,542 $114,639 $12,461 $102,178
2015 $2,150 $108,048 $11,745 $96,303
2014 $2,826 $108,048 $11,745 $96,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Central Iowa Association of REALTORS®

MLS Number: 148503

East Central Iowa Association of REALTORS®

APN: 22-24-35-380-007