NOT LISTED FOR SALE

1249 5th Ave N Fort Dodge, IA 50501

Estimated Value: $70,000 - $78,722

3 Beds
2 Baths
1,504 Sq Ft
$50/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $56,500 $38 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $410/month

2 Days on Market

About This Home

As of October 2022

Great investment property to add to your portfolio, or a great home to start your property management! 2 unit's total. Main floor unit - 1-bedroom, full bath, large dining/family room, large living room, larger kitchen, enclosed side porch. Upstairs unit - 2 bedrooms, newer carpet and flooring, full bath, living/family room. For a private showing call/text: Patrick McKinney 515-570-6971

Last Agent to Sell the Property

Patrick McKinney

RE/MAX of Fort Dodge Brokerage Phone: 5159553828 License #S68908000 Listed on: 08/22/2022

RE/MAX of Fort Dodge

Last Buyer's Agent

Patrick McKinney

RE/MAX of Fort Dodge Brokerage Phone: 5159553828 License #S68908000 Listed on: 08/22/2022

RE/MAX of Fort Dodge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $900

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 3 Bedrooms
  • 1,504 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Garage
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Total Actual Rent $1,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Co List Office Mls Id: 6
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Other
  • Unit Levels: Two
  • LivingArea: 1504
  • Reso Roof: Asphalt
  • Master Plan Zoning: Residential
  • Financial Info Electric: Circuit Breakers
  • Attribution Contact: 5159553828
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Unit 1: Refrigerator,Stove - E,Microwave, Unit 2: Refrigerator,Stove - G,Microwave, Unit 3: None, Unit 4: None, Water Heater: Gas
  • Basement: Full
  • Total Bedrooms: 3
  • Total Bedrooms: 10

Exterior Features

  • Acres: 0.09
  • Construction Type: Other
  • Exterior Features: Other
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Other, 1 Space, On Street
  • Total Parking Spaces: 2

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: City Water

Schools

  • Junior High Dist: Duncombe

Lot Info

  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Square Feet
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 1100

Tax Info

  • Tax Annual Amount: 900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2025
Sold by
Apex Investment Group Llc
Bought by
Advance Design Properties Llc
Current Estimated Value
$75,181

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
Outstanding Balance
$60,000
Interest Rate
5.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$27,333

Purchase Details

Listed on
Aug 22, 2022
Closed on
Oct 17, 2022
Sold by
Klein Bradley C and Klein Lindsay C
Bought by
Apex Investment Group Llc
Seller's Agent
Patrick McKinney
RE/MAX of Fort Dodge
Buyer's Agent
Patrick McKinney
RE/MAX of Fort Dodge
List Price
$65,000
Sold Price
$56,500
Premium/Discount to List
-$8,500
-13.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.39%
Original Mortgage
$42,375
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2005
Sold by
Rossow Eldon F and Rossow Karen F
Bought by
Nemitz Jarod R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
5.75%
Mortgage Type
New Conventional
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
Advance Design Properties Llc $220,000 None Listed On Document
Apex Investment Group Llc $56,500 --
Nemitz Jarod R $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Advance Design Properties Llc $60,000
Previous Owner Apex Investment Group Llc $500,000
Previous Owner Apex Investment Group Llc $42,375
Previous Owner Klein Bradley $60,000
Previous Owner Nemitz Jarod R $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $56,500 -13.1% $38 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $65,000 -- $43 / Sq Ft
Source: Fort Dodge 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 $13 $63,310 $6,260 $57,050
2023 $868 $63,310 $6,260 $57,050
2022 $840 $35,470 $6,260 $29,210
2021 $906 $35,470 $6,260 $29,210
2020 $906 $36,320 $6,260 $30,060
2019 $920 $37,670 $8,650 $29,020
2018 $906 $36,270 $7,860 $28,410
2017 $906 $42,660 $0 $0
2016 $1,070 $42,660 $0 $0
2015 $1,070 $42,660 $0 $0
2014 $1,050 $42,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fort Dodge MLS

MLS Number: 22399

APN: 07-20-179-012