NOT LISTED FOR SALE

122 Shepard St Gilbert, IA 50105

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

Sale Details

Date 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 Sq Ft Lot

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
  • Levels:Two2: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Exterior: Wood Siding: Yes

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
0.0438%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 9, 2017
Sold by
Bought by

Purchase Details

Listed on
Mar 21, 2013
Closed on
Aug 23, 2013
Sold by
Bought by
Seller's Agent
Denny Thompson
FURMAN REALTY
Buyer's Agent
Jason Miller
Weichert, Realtors®-Miller & Clark Agency
List Price
$168,000
Sold Price
$157,500
Premium/Discount to List
-$10,500
-6.25%
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- None Available
$157,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $228,000
Previous Owner $85,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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