$79,000
SOLD AUG 21, 2025

1300 2nd St Perry, IA 50220

-- Bed
9 Baths
7,020 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$11 Per Sq Ft

31% Below List Price

120 Days on Market

Highlights

  • 7 Kitchens
  • No HOA
  • 4-minute walk to Caboose Park

About This Home

As of August 2025

Prime Mixed-Use Investment Opportunity in Downtown Perry! The FOXY THEATER is in the National Register of Historic Places.

Located at 1300 2nd Street, this expansive mixed-use property offers incredible redevelopment potential. The main level features 7,020 sq. ft. with two commercial spaces, while city-approved plans allow for the construction of seven residential units across both levels. Once fully developed, this property could offer up to 12,000 sq. ft. of commercial and residential space.

The building has been completely gutted, except for one completed apartment unit, providing a blank slate for investors and developers. Please note: there is currently no structural flooring, and a waiver must be signed before showings. A new roof was installed in 2024, adding long-term value to this project.

This is a rare opportunity to transform a historic downtown property into a thriving mixed-use destination!

Last Agent to Sell the Property

Fernando Aveiga

EXP Realty, LLC Listed on: 03/12/2025

EXP Realty, LLC

Last Buyer's Agent

Mike & Kenzie Julich

Agency Iowa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $700

Year Built

  • Built in 1912

Home Design

  • 7,020 Sq Ft Home

Additional Features

  • 7 Kitchens
  • 9 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0210306009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$700

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Lp Amt Sq Ft: 16.38
  • Sp Amt Sq Ft: 11.25
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 9.00
  • Full Bathrooms: 9
  • First Floor Full Bathrooms: 7
  • Full Bathrooms: 2
  • Kitchens: 7
  • Living Area Sq Ft: 7020
  • Total Sq Ft: 7020

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Assessor Parcel Number: 0210306009
  • Zoning: Com

Tax Info

  • Gross Taxes: 700.00
  • Net Taxes: 700.00

MLS Schools

  • School District: Perry

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2025
Closed on
Aug 28, 2025
Sold by
Decornejo Maria D Andrade and Vazquez Bulmaro Cornejo
Bought by
Stranger Plans Llc
Seller's Agent
Fernando Aveiga
EXP Realty, LLC
Buyer's Agent
Mike & Kenzie Julich
Agency Iowa
List Price
$115,000
Sold Price
$79,000
Premium/Discount to List
-$36,000
-31.3%
Views
64
Current Estimated Value
$112,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,700
Original Mortgage
$79,000
Outstanding Balance
$78,932
Interest Rate
6.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 11, 2021
Sold by
Dorman James C and Dorman Jillene E
Bought by
Vazquez Bulmaro Cornejo and Cornejo Maria D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $79,000 None Listed On Document
Warranty Deed $29,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $79,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2025 08/21/25 Sold $79,000 -31.3% $11 / Sq Ft
07/10/2025 07/10/25 Pending -- -- --
03/12/2025 03/12/25 For Sale $115,000 -- $16 / 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 $604 $35,780 $9,800 $25,980
2023 $604 $35,780 $9,800 $25,980
2022 $322 $26,600 $9,800 $16,800
2021 $322 $13,730 $9,800 $3,930
2020 $2,348 $13,380 $9,800 $3,580
2019 $2,598 $79,696 $8,330 $71,366
2018 $2,598 $83,895 $8,330 $75,565
2017 $2,634 $83,895 $8,330 $75,565
2016 $2,960 $92,293 $8,330 $83,963
2015 $2,748 $119,590 $0 $0
2014 $2,748 $119,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 713311

Des Moines Area Association of REALTORS®

APN: 02-10-306-009