NOT LISTED FOR SALE

1300 2nd St Perry, IA 50220

Estimated Value: $79,251

Studio
9 Baths
7,020 Sq Ft
$11/Sq Ft Est. Value

Sale Details

Date Sold: August 21, 2025

Last sale price $79,000 $11 Per Sq Ft

Current estimated payment $478 / mo

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

Lot Details

  • 3,920

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

3,920 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2025
Closed on
Aug 28, 2025
Sold by
Bought by
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
$79,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251
Avg. Annual Appreciation
0.41%
Original Mortgage
$79,000
Outstanding Balance
$78,656
Interest Rate
6.75%
Mortgage Type
Credit Line Revolving
Estimated Equity
$595

Purchase Details

Closed on
May 11, 2021
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$79,000 None Listed On Document
$29,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $79,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $688 $38,570 $9,800 $28,770
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

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 713311

Des Moines Area Association of REALTORS®

APN: 02-10-306-009

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