$28,500
SOLD AUG 31, 2017

126 N Commerce St Monroe, IA 50170

-- Bed
4 Baths
4,488 Sq Ft
2,905 Sq Ft Lot

Recently Sold

$6 Per Sq Ft

18% Below List Price

42 Days on Market

Highlights

  • 4 Kitchens
  • Forced Air Heating System
  • 1-minute walk to Monroe Town Square
  • No HOA

About This Home

As of November 2023

Great investment property. The 4 rental units have tenants so you can turn a profit immediately. There is portion of the building that needs work, but with repairs could be made into another rental unit. Buy today for a fast turn around of profit.

Last Agent to Sell the Property

Kathy Macy

RE/MAX Concepts Listed on: 07/20/2017

RE/MAX Concepts

Last Buyer's Agent

Kathy Macy

RE/MAX Concepts Listed on: 07/20/2017

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 2,905 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4,488 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • 4 Kitchens

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association

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: 7.78
  • Sp Amt Sq Ft: 6.35
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • First Floor Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Basement Description: Partial
  • Kitchens: 4
  • Laundry: No
  • Storage: No
  • Living Area Sq Ft: 4488
  • Total Sq Ft: 4488

Exterior Features

  • Exterior: Brick
  • Foundation: Concrete Block
  • Paved: Yes
  • Sidewalk: Y

Utilities

  • Air Conditioner: Window Unit
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Schools

  • School District: See Remarks

Lot Info

  • Acres: 0.0667
  • Lot S F: 2905
  • Assessor Parcel Number: 1736234005
  • Zoning: RES

Rental Info

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

Tax Info

  • Gross Taxes: 2022.00
  • Net Taxes: 2022.00

MLS Schools

  • School District: See Remarks

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 Type Sale Price Title Company
Warranty Deed $37,000 None Listed On Document
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $29,465 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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

    123 Total Sales

    Section Image
  • Kathy Macy

    Seller's Agent in 2017

    Kathy Macy

    RE/MAX

    (641) 521-1495

    69 Total Sales

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 544461

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 and is currently priced at $28,500, approximately $6 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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