NOT LISTED FOR SALE

1220 4th St Nevada, IA 50201

Estimated Value: $178,000 - $221,000

4 Beds
2 Baths
1,726 Sq Ft
$119/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $183,000 $106 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,293/month

4 Days on Market

Highlights

  • No HOA
  • Central Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of April 2023

Come see this beautiful 2 story home that is currently being used as a rental property. There are two units. The main unit has been freshly painted and boasts lots of natural light. There is an attached mother-in-law suite that is used as the second unit. Make this your next home or new investment property!

Last Agent to Sell the Property

Samuel Brant

RE/MAX Real Estate Center Listed on: 02/16/2023

RE/MAX Real Estate Center

Co-Listed By

Collin Fett

RE/MAX Real Estate Center

Last Buyer's Agent

Gilbert Gonzales

RE/MAX Precision

RE/MAX Precision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,689

Year Built

  • Built in 1916

Lot Details

  • 8,400

Parking

  • Gravel Driveway

Home Design

  • Stone Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,726 Sq Ft Home
  • 2-Story Property
  • Stove
  • Unfinished Basement

Laundry

  • Dryer
  • Washer

Additional Features

  • 8,400 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1106385440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,689

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 107.13
  • Sp Amt Sq Ft: 106.03
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Description: Unfinished
  • Sq Ft Bsmt: 526
  • Included Items: Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1726
  • Total Sq Ft: 1726

Exterior Features

  • Foundation: Stone
  • Roof: Asphalt Shingle

Garage/Parking

  • Driveway: Gravel

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Nevada

Lot Info

  • Acres: 0.1928
  • Lot S F: 8400
  • Assessor Parcel Number: 1106385440
  • Zoning: res

Tax Info

  • Gross Taxes: 2689.46
  • Net Taxes: 2690.00

MLS Schools

  • School District: Nevada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 27, 2023
Sold by
1319 7Th St Nevada Llc
Bought by
Olson Lory Renae
Seller's Agent
Samuel Brant
RE/MAX Real Estate Center
Buyer's Agent
Gilbert Gonzales
RE/MAX Precision
List Price
$184,900
Sold Price
$183,000
Premium/Discount to List
-$1,900
-1.03%
Views
29
Current Estimated Value
$205,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,443
Avg. Annual Appreciation
4.10%
Original Mortgage
$179,685
Interest Rate
6.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 2021
Sold by
Melohn Janelle and Call Grace
Bought by
1319 7Th St Nevada Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 11, 2021
Sold by
Melohn and Grace
Bought by
1319 7Th St Nevada Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 2021
Sold by
Melohn Janelle and Call Grace
Bought by
Melohn Janelle and Call Grace

Purchase Details

Closed on
Apr 22, 2015
Sold by
Melohn Chad
Bought by
Melohn Janelle and Beil Janelle
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Olson Lory Renae $183,000 None Listed On Document
1319 7Th St Nevada Llc $150,000 None Available
1319 7Th St Nevada Llc $150,000 Rowe James G
Melohn Janelle -- None Available
Melohn Janelle -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Lory Renae $205,000
Closed Olson Lory Renae $179,685
Previous Owner 1319 7Th St Nevada Llc $120,000
Previous Owner 1319 7Th St Nevada Llc $120,000
Previous Owner Melohn Janelle M $73,946
Previous Owner Beil Janelle M $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $183,000 -1.0% $106 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $184,900 -- $107 / Sq Ft
Source: Des Moines Area 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 -- $162,300 $39,000 $123,300
2023 $2,108 $162,300 $39,000 $123,300
2022 $2,690 $107,100 $36,000 $71,100
2021 $2,620 $138,000 $36,000 $102,000
2020 $2,544 $126,800 $33,000 $93,800
2019 $2,544 $126,800 $33,000 $93,800
2018 $2,360 $118,600 $33,000 $85,600
2017 $2,360 $118,600 $33,000 $85,600
2016 $2,136 $108,500 $24,000 $84,500
2015 $2,136 $108,500 $24,000 $84,500
2014 $2,042 $102,700 $24,000 $78,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 667764

Des Moines Area Association of REALTORS®

APN: 11-06-385-440