NOT LISTED FOR SALE

1203 Fremont St Marshalltown, IA 50158

Estimated Value: $89,000 - $110,000

5 Beds
3 Baths
900 Sq Ft
$108/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $85,000 $94 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $669/month

30 Days on Market

About This Home

As of April 2022

Investor alert, this fully rented triplex offers lots of cash flow at 1,775 per month. Each unit is registered with the city, with certificates good through February 2024. 24 hour notice required for showings. Agent is related to the seller.

Last Agent to Sell the Property

Wesley Upah

Wedmore Realty LLC Listed on: 02/28/2022

Last Buyer's Agent

Wesley Upah

Wedmore Realty LLC Listed on: 02/28/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,594

Year Built

  • Built in 1925

Lot Details

  • 7,405

Home Design

  • Triplex
  • Vinyl Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 7,405 Sq Ft Lot
  • Forced Air Heating System

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,320
  • Maintenance Expense $1,000
  • Trash Expense $816
  • Gross Income $21,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,594

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: ELECTRIC ADD LOT 19 EX PARCEL A BLK 4
  • Municipality: Marshalltown
  • Year Built: 1925
  • Stories: 1.5 Stories
  • OFFICELIST_ADDRESS: 1203 Fremont Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2022-03-04
  • List Office I D: 499
  • Sales Office I D: 499
  • Selling Agent: 4845
  • Share Listings With: Broker Reciprocity, CoreLogic Listing License, Homes.com, Realtor.com, RPR Listing License
  • Street Designation: Street
  • Building Style: Triplex
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Month Rent: 650
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Total Bathrooms: 1
  • Unit 2 Bedrooms: 2
  • Unit 2 Month Rent: 575
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Total Bathrooms: 1
  • Unit 3 Bedrooms: 1
  • Unit 3 Month Rent: 550
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Basement: Full
  • Price Per S Q F T: 94.44
  • Above Grade Finished Sq Ft: 900
  • 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: Vinyl

Garage/Parking

  • Fuel: Natural Gas

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Water: City Water/Connected

Condo/Co-op/Association

  • Shared: None

Association/Amenities

  • Complex/Development/Subdivision: Electric Add

Fee Information

  • Annual Expense: 2136
  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Schools

  • School District: Marshalltown
  • School District Number: 4104
  • School District Phone: 641-754-1000

Lot Info

  • Acres: 0.17
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Size Sq Ft: 7405.2
  • Lot Size Units: Acres

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: Yes
  • Rental License Type: Standard

Multi Family

  • Expense Insurance: 1320
  • Expense Maintenance: 1000
  • Expense Trash: 816
  • Total Units: 3
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

Tax Info

  • Tax With Assessments: 1594
  • Tax Year: 2021
  • Gross Taxes: 1594

MLS Schools

  • School District: 4104 - Marshalltown
  • School District Name: Marshalltown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Jan 28, 2021
Sold by
Switzer Tom and Switzer Thomas W
Bought by
To Ni Properties Llc
Seller's Agent
Paula Price
No Limits Real Estate
Buyer's Agent
Paula Price
1st Rate Real Estate
List Price
$50,000
Sold Price
$50,000
Total Days on Market
30
Current Estimated Value
$97,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,023
Avg. Annual Appreciation
16.42%
Original Mortgage
$45,000
Interest Rate
2.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 2013
Sold by
Hagele Deanna L
Bought by
Hagele Douglas M
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
To Ni Properties Llc $50,000 None Available
Hagele Douglas M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaidez Bryan $63,750
Closed Toni Properties Llc $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $85,000 0.0% $94 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $85,000 +70.0% $94 / Sq Ft
01/29/2021 01/29/21 Sold $50,000 0.0% $33 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $50,000 -- $33 / 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 $1,512 $82,910 $18,480 $64,430
2023 $1,236 $82,910 $18,480 $64,430
2022 $1,472 $55,220 $10,720 $44,500
2021 $1,594 $55,220 $10,720 $44,500
2020 $1,593 $56,490 $10,720 $45,770
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NoCoast MLS

MLS Number: NOC6157479

NoCoast MLS

APN: 8418-27-379-029