NOT LISTED FOR SALE

126 N Commerce St Monroe, IA 50170

Estimated Value: $47,081

-- Bed
4 Baths
2,820 Sq Ft
$17/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $37,000 $13 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $338/month

16 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 1-minute walk to Monroe Town Square
  • No HOA
  • Carpet

About This Home

As of November 2023

Have you been looking for an Investment property that allows you to gain equity by making updates and repairs? If so, this may be the right venture for you. This investment property is zoned residential and commercial. It has 4 apartments (2, 2 bedroom apartments and 2, 1 bedroom apartments) and a 1672 square feet Monroe, IA square store front. Don't miss this opportunity. Call for your showing today.

Last Agent to Sell the Property

Chris Behun

Iowa Realty Newton Listed on: 10/17/2023

Last Buyer's Agent

Chris Behun

Iowa Realty Newton Listed on: 10/17/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 2,904 Sq Ft Lot
  • Lot Dimensions are 22x132
  • Corner Lot

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2,820 Sq Ft Home
  • 2-Story Property
  • Stove
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 1736234005

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 20.57
  • Sp Amt Sq Ft: 13.12
  • Termite: Call Listing Agent
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 3
  • Stoves Total: 4
  • Interior Amenities: Carpeting, Vinyl Floors
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • First Floor Full Bathrooms: 4
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1672
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 2820
  • Total Sq Ft: 2820

Exterior Features

  • Exterior: See Remarks
  • Foundation: Block
  • Street Feature: Asphalt
  • Trim: Vinyl

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: See Remarks, Window Unit
  • Heat: Gas Forced Air
  • Separate Meters: 5

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Pcm (Prairie City-Monroe)

Lot Info

  • Acres: 0.0700
  • Lot S F: 2904
  • Lot Shape: Corner Lot
  • Lot Size: 22X132
  • Assessor Parcel Number: 1736234005
  • Zoning: Res

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Insurance Tenant, Taxes Owner, Water Tenant

Tax Info

  • Gross Taxes: 978.00
  • Net Taxes: 978.00
  • Tax Year: 2023

Multi Family

  • Total Units: 5

MLS Schools

  • School District: Pcm (Prairie City-Monroe)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Nov 21, 2023
Sold by
Muttilainen Esa and Muttilainen Linda
Bought by
Perrin Gale
Seller's Agent
Chris Behun
Iowa Realty Newton
Buyer's Agent
Chris Behun
Iowa Realty Newton
List Price
$58,000
Sold Price
$37,000
Premium/Discount to List
-$21,000
-36.21%
Views
15
Current Estimated Value
$47,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,081

Purchase Details

Listed on
Jul 20, 2017
Closed on
Aug 31, 2017
Sold by
Kingery Frank and Kingery Vicky
Bought by
Muttilainen Esa
Seller's Agent
Kathy Macy
RE/MAX Concepts
Buyer's Agent
Kathy Macy
RE/MAX Concepts
List Price
$34,900
Sold Price
$28,500
Premium/Discount to List
-$6,400
-18.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Original Mortgage
$29,465
Interest Rate
3.93%
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
Perrin Gale $37,000 None Listed On Document
Muttilainen Esa -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muttilainen Esa $29,465
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2023 11/22/23 Sold $37,000 -36.2% $13 / Sq Ft
11/02/2023 11/02/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $58,000 +103.5% $21 / Sq Ft
08/31/2017 08/31/17 Sold $28,500 -18.3% $6 / Sq Ft View Prior Sale
08/31/2017 08/31/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $34,900 -- $8 / 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
2025 $1,056 $72,730 $4,400 $68,330
2024 $1,056 $65,660 $4,400 $61,260
2023 $1,056 $65,660 $4,400 $61,260
2022 $1,312 $51,520 $4,400 $47,120
2021 $444 $46,710 $3,510 $43,200
2020 $1,406 $46,710 $3,510 $43,200
2019 $1,004 $0 $0 $0
2018 $1,520 $67,380 $0 $0
2017 $1,266 $0 $0 $0
2016 $2,052 $61,430 $0 $0
2015 $2,022 $0 $0 $0
2014 $2,066 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Behun

    Seller's Agent in 2023

    Chris Behun

    Iowa Realty Newton

    (641) 521-7091

    125 Total Sales

    Chris Behun
    Section Image
  • Kathy Macy

    Seller's Agent in 2017

    Kathy Macy

    RE/MAX

    (641) 521-1495

    65 Total Sales

    Kathy Macy
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 683851

Des Moines Area Association of REALTORS®

APN: 17-36-234-005

Iowa Jasper County Monroe 50170

126 N Commerce St, Monroe, IA

This home is located at 126 N Commerce St, Monroe, IA 50170 since 17 October 2023 and is currently priced at $47,081, approximately $16 per square foot. This property was built in 1900. 126 N Commerce St is a home located in Jasper County with nearby schools including PCM High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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