NOT LISTED FOR SALE

128 3rd St NW Mason City, IA 50401

Estimated Value: $142,000 - $157,559

5 Beds
4 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold March 31, 2023

Last sale price $140,000

Est. 6% increase in value since last sale

Current estimated payment $888/month

174 Days on Market

Highlights

  • Building Patio
  • Forced Air Heating System
  • 5-minute walk to Central Park

About This Home

As of March 2023

Seller to offer $2,000 credit to buyer with acceptable offer to buy down rate! Lots of recent updates on this 4-plex with great cash flow. Recent updates include: gutters, privacy fence, light fixtures, windows for one unit, and some new flooring. Blocks away from Central Park and downtown Mason City. The basement is large and clean with potential to finish into a 5th unit or laundry area with a separate entrance. Appliances that are in the units have been provided for the tenants and are included with the sale. This 4-plex features, 2 units on the main floor and 2 units upstairs. The main floor includes a large 2-bedroom unit, and one large studio unit. Upstairs there are two 1-bedroom units. The 2-bedroom unit has access to the large, covered porch, the privacy fenced in yard and private parking. Currently, 3 of the units are rented out. Annual rent for all units is $29,700. Call today for a showing of this great investment property!

Last Agent to Sell the Property

Cassidy Harris

CENTURY 21 PREFERRED License #S64169 Listed on: 08/16/2022

CENTURY 21 PREFERRED

Last Buyer's Agent

Cassidy Harris

CENTURY 21 PREFERRED License #S64169 Listed on: 08/16/2022

CENTURY 21 PREFERRED

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,324

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 100x66

Parking

  • Private Parking

Home Design

  • Quadruplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Kitchen

  • Stove

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 4 Units
  • Building Patio
  • Net Operating Income $25,000

Listing and Financial Details

  • The owner pays for electric, gas, heat, trash, water
  • Assessor Parcel Number 070922700600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,324

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: MULTI-FAMILY
  • Condition: Good
  • Year Built: 1910
  • Miscellaneous: Security Deposit
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Kitchen Appliances: Refrigerator, Stove

Exterior Features

  • Construction: Vinyl Siding
  • Foundation: Block
  • Roof: Asphalt

Garage/Parking

  • Garage Parking: Private Parking
  • Parking: Street Parking & Driveway

Utilities

  • Air Conditioner: Window Unit(s)
  • Flood Insurance: Not Required
  • Heat: Forced Air, Gas
  • Utilities Sewer: City
  • Water: City

Condo/Co-op/Association

  • Amenities: Patio / Deck, Smoke Detectors

Schools

  • School District: Mason City

Lot Info

  • Total Assessed Value: $70,150
  • Estimated Lot Sq Ft: 100x66
  • Number Of Acres: 0.15
  • Parcel Number: 070922700600
  • Zoning: Z2 - Sub-Urban District

Rental Info

  • Annual Rent: 29,700
  • Owner Pays: Electric, Gas, Heat, Trash, Water

Tax Info

  • Year: 2021
  • Taxes: $1,640

Multi Family

  • Multi Family Type: Quad
  • Number Of Units: 4

MLS Schools

  • School District: Mason City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Mar 30, 2023
Sold by
Guarino Christopher J
Bought by
Rmfs Properties Llc
Seller's Agent
Cassidy Harris
CENTURY 21 PREFERRED
Buyer's Agent
Cassidy Harris
CENTURY 21 PREFERRED
List Price
$157,000
Sold Price
$140,000
Premium/Discount to List
-$17,000
-10.83%
Views
208
Current Estimated Value
$148,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,390
Avg. Annual Appreciation
2.28%
Original Mortgage
$140,000
Outstanding Balance
$130,119
Interest Rate
5.56%
Estimated Equity
$18,271

Purchase Details

Listed on
Oct 5, 2021
Closed on
Mar 28, 2022
Sold by
Word and Ashley
Bought by
Guarino Christopher J and Guarino Patricia G
Seller's Agent
Nancy Hagen
Progressive Real Estate RN,LLC
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$134,900
Sold Price
$127,000
Premium/Discount to List
-$7,900
-5.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%
Original Mortgage
$95,250
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2019
Closed on
Dec 13, 2019
Sold by
Campbell Brian L and Campbell Merrilee L
Bought by
Word Brett
Seller's Agent
Erin Runde
RUNDE REAL ESTATE & PROPERTY MANAGEMENT
Buyer's Agent
Erin Runde
RUNDE REAL ESTATE & PROPERTY MANAGEMENT
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.26%
Original Mortgage
$85,000
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Closed on
Sep 2, 2014
Sold by
North Iowa Transition Center Inc
Bought by
Campbell Brian L and Campbell Merrilee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,600
Interest Rate
4.1%
Mortgage Type
Commercial
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
Rmfs Properties Llc $140,000 --
Guarino Christopher J $127,000 Laird Law Firm Plc
Word Brett -- None Available
Campbell Brian L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rmfs Properties Llc $140,000
Previous Owner Guarino Christopher J $95,250
Previous Owner Word Brett $85,000
Previous Owner Campbell Brian L $41,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2023 03/31/23 Sold $140,000 -4.8% --
11/11/2022 11/11/22 Price Changed $147,000 -6.4% --
08/16/2022 08/16/22 For Sale $157,000 +23.6% --
03/29/2022 03/29/22 Sold $127,000 -5.9% $57 / Sq Ft View Prior Sale
03/28/2022 03/28/22 Pending -- -- --
11/17/2021 11/17/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $134,900 0.0% $61 / Sq Ft
10/05/2021 10/05/21 For Sale $134,900 +58.7% $61 / Sq Ft
12/16/2019 12/16/19 Sold $85,000 0.0% -- View Prior Sale
10/07/2019 10/07/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $85,000 -- --
Source: Mason City Multiple Listing Service

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 $1,324 $82,660 $17,160 $65,500
2023 $1,388 $82,660 $17,160 $65,500
2022 $1,640 $70,150 $13,200 $56,950
2021 $1,640 $67,700 $13,200 $54,500
2020 $1,291 $49,760 $13,200 $36,560
2019 $1,384 $0 $0 $0
2018 $1,456 $0 $0 $0
2017 $1,526 $0 $0 $0
2016 $1,542 $0 $0 $0
2015 $1,542 $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cassidy Harris

    Seller's Agent in 2023

    Cassidy Harris

    CENTURY 21 PREFERRED

    (641) 420-1346

    170 Total Sales

    Cassidy Harris
    Section Image
  • Nancy Hagen

    Seller's Agent in 2022

    Nancy Hagen

    Progressive Real Estate RN,LLC

    (515) 419-3017

    53 Total Sales

    Nancy Hagen
    Section Image

  • O

    Buyer's Agent in 2022

    OUTSIDE AGENT

    OTHER

    5,729 Total Sales

    OUTSIDE AGENT
    Section Image

  • E

    Seller's Agent in 2019

    Erin Runde

    RUNDE REAL ESTATE & PROPERTY MANAGEMENT

    Section Image
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Map

Source: Mason City Multiple Listing Service

MLS Number: 220601

Mason City Multiple Listing Service

APN: 07-09-227-00-600

Iowa Cerro Gordo County Mason City 50401

128 3rd St NW, Mason City, IA

This home is located at 128 3rd St NW, Mason City, IA 50401 since 16 August 2022 and is currently estimated at $148,390. This property was built in 1910. 128 3rd St NW is a home located in Cerro Gordo County with nearby schools including Mason City High School, North Iowa Christian School, and Mason City Seventh Day Adventi.

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.

Mason City Multiple Listing Service 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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