NOT LISTED FOR SALE

122 Shepard St Gilbert, IA 50105

-- Bed
-- Bath
-- Sq Ft
1973 Built

Last Sold August 27, 2013

Last sale price $157,500

143 Days on Market

Highlights

  • Storage
  • Property is near schools
  • Wood Siding
  • Gilbert Elementary School Rated A
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of August 2013

Great investment property. Apartments alwasy rented. 5-1 bdrm, 1 bath units. 1-2 bdrm, 1 bath units. 12 x12 storage shed. Seller is related to LR.

Last Agent to Sell the Property

Denny Thompson

FURMAN REALTY License #S24968 Listed on: 03/21/2013

Last Buyer's Agent

Jason Miller

Weichert, Realtors®-Miller & Clark Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Home Design

  • Block Foundation
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Storage

Flooring

  • Carpet
  • Vinyl

Location

  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0504387125

Community Details

Overview

  • 6 Units
  • 6 Stove, 6 Ref. Association

Building Details

  • Operating Expense $10,957
  • Gross Income $28,740
  • Net Operating Income $17,783

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Six Plex
  • Prop. Type: Multi-Family
  • Lot Size: 9900
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1973
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Vinyl2: Yes
  • Foundation:Concrete Block: Yes
  • Annual Expenses: 10957.0
  • Income Expenses Net Income: 17783.0
  • Features:School: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet
  • Features:Storage Units: Yes

Exterior Features

  • Construction Type: Wood Siding
  • Foundation Details: Block

Garage/Parking

  • Keywords:Garage Type3: None
  • Keywords:Parking Spaces2: 6 - 10 Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Name: 6 stove, 6 ref.

Schools

  • Junior High Dist: Gilbert

Lot Info

  • Parcel #: 0504387125
  • Zoning: R

Rental Info

  • Who Pays Trash: Landlord
  • Who Pays Water: Landlord

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 28740.0
  • Property Net Operating Income: 17783.0
  • Annual Operating Expense: 10957.0

Tax Info

  • Tax Annual Amount: 4520.0
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Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2013 08/27/13 Sold $157,500 -6.3% --
08/12/2013 08/12/13 Pending -- -- --
03/21/2013 03/21/13 For Sale $168,000 -- --
Source: Central Iowa Board of REALTORS®

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
2025 $4,258 $259,700 $34,700 $225,000
2024 $4,086 $241,800 $34,700 $207,100
2023 $3,468 $241,800 $34,700 $207,100
2022 $4,034 $177,100 $24,800 $152,300
2021 $4,436 $177,100 $24,800 $152,300
2020 $4,527 $177,100 $24,800 $152,300
2019 $4,522 $177,100 $24,800 $152,300
2018 $4,584 $158,300 $22,300 $136,000
2017 $4,584 $158,300 $22,300 $136,000
2016 $4,750 $145,300 $22,300 $123,000
2015 $4,750 $145,300 $22,300 $123,000
2014 $4,156 $124,800 $22,300 $102,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 37369

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