$67,000
SOLD JAN 31, 2012

122 S Main St Fairfield, IA 52556

6 Beds
3 Baths
1,980 Sq Ft
3,828 Sq Ft Lot

Recently Sold

$34 Per Sq Ft

11% Below List Price

632 Days on Market

About This Home

As of January 2012

Good Investment property with good income. 2 bedrooms in each unit that rents for $470.00 per unit. Basement apartment has washer and dryer and pays $30.00 more per month for the extra water. Heat and water paid for by owners. New roof in 2009,New energy efficient boiler and insulation in 2007, some new windows in 2005. All large windows on the main floor were replaced in 2011

Last Agent to Sell the Property

Rose Kennedy

Village Realty Listed on: 04/07/2010

Last Buyer's Agent

Patricia Hamilton

Fairfield Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19

Year Built

  • Built in 1900

Lot Details

  • 3,828 Sq Ft Lot
  • Lot Dimensions are 44 x 87

Home Design

  • 1,980 Sq Ft Home
  • Duplex
  • Stucco Exterior

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Hot Water Heating System

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: Old Plat S 44'Lot 8 & S 44'of E21'Lot 7
  • Municipality: Fairfield
  • Year Built: 1900
  • Stories: 2 Stories
  • OFFICELIST_ADDRESS: 122 S Main Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2010-04-07
  • List Office I D: 516
  • M L Number Foreign: SEIA22013914
  • Sales Office I D: 848
  • Selling Agent: 3261
  • Share Listings With: Broker Reciprocity
  • Street Designation: Street
  • Building Style: Duplex Other
  • Unit 1 Full Bathrooms: 3
  • Unit 1 Total Bathrooms: 3
  • Unit 1 Bedrooms: 6
  • Unit 1 Number of Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 3
  • Price Per S Q F T: 33.84
  • Above Grade Finished Sq Ft: 1980
  • 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

  • Exterior: Other, Stucco
  • Roof: Other

Utilities

  • Heating: Hot Water, Other

Fee Information

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

Schools

  • School District: Fairfield

Lot Info

  • Acres: 0.09
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 44 X 87
  • Lot Size Sq Ft: 3828
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Multi Family

  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

MLS Schools

  • School District: 2169 - Fairfield
  • School District Name: Fairfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2010
Closed on
Jan 31, 2012
Sold by
Cgs Properties Llc
Bought by
Freeman Solutions Llc
Seller's Agent
Rose Kennedy
Village Realty
Buyer's Agent
Patricia Hamilton
Fairfield Real Estate
List Price
$75,000
Sold Price
$67,000
Premium/Discount to List
-$8,000
-10.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$53,000
Outstanding Balance
$37,032
Interest Rate
3.93%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$117,178

Purchase Details

Closed on
Sep 7, 2006
Sold by
Jim Bobs Furniture & Appliance Inc
Bought by
Cgs Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.77%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $67,000 None Available
Warranty Deed $53,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $53,000 Future Advance Clause Open End Mortgage
Previous Owner $60,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2025 01/01/25 For Sale $165,000 +146.3% $83 / Sq Ft
01/31/2012 01/31/12 Sold $67,000 -10.7% $34 / Sq Ft
12/30/2011 12/30/11 Pending -- -- --
04/07/2010 04/07/10 For Sale $75,000 -- $38 / 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 $19 $100,900 $8,400 $92,500
2023 $2,178 $100,900 $8,400 $92,500
2022 $2,508 $105,100 $11,300 $93,800
2021 $2,508 $77,900 $8,400 $69,500
2020 $2,114 $77,900 $8,400 $69,500
2019 $2,052 $68,900 $0 $0
2018 $2,114 $68,900 $0 $0
2017 $2,114 $82,900 $0 $0
2016 $2,826 $82,900 $0 $0
2015 $2,138 $58,500 $0 $0
2014 $2,138 $58,500 $0 $0
2013 $2,316 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5428646

NoCoast MLS

APN: 06-25-353-012