NOT LISTED FOR SALE

1401 Michael Ave Grinnell, IA 50112

Estimated Value: $205,000 - $295,000

2 Beds
2 Baths
1,872 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 07, 2017

Last sale price $191,500 $102 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,694/month

483 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating System
  • Carpet

About This Home

As of June 2017

Super duplex. Very well kept duplex with high occupancy rate. Each unit has 2 bedrooms, garage and large storage/bonus room. Live in one unit and rent the other one out!

Last Agent to Sell the Property

Tammy Kriegel

Patriot Realty Listed on: 02/03/2016

Last Buyer's Agent

Andy Erselius

AE Realty, Inc License #***

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,190

Year Built

  • Built in 2001

Lot Details

  • 10,454

Home Design

  • Duplex

Interior Spaces

  • 2 Full Bathrooms
  • 1,872 Sq Ft Home
  • 1-Story Property
  • Carpet

Additional Features

  • 10,454 Sq Ft Lot
  • Forced Air Heating System

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,190

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: per abstract
  • Municipality: Grinnell
  • Year Built: 2001
  • Stories: 1 Story
  • Inspections: Self Inspected
  • OFFICELIST_ADDRESS: 1401 Michael Avenue
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2016-02-03
  • List Office I D: 429
  • M L Number Foreign: MIR34018154
  • Sales Office I D: 537
  • Selling Agent: 1998
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Avenue
  • Building Style: Duplex Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 102.3
  • Above Grade Finished Sq Ft: 1872
  • Room Types: Unit1 Bedroom 1, Unit1 Bedroom 2, Unit1 Bedroom 3, Unit1 Bedroom 4, Unit1 Dining Room, Unit1 Extra Room 1, Unit1 Extra Room 2, Unit1 Extra Room 3, Unit1 Extra Room 4, Unit1 Extra Room 5, Unit1 Extra Room 6, Unit1 Family Room, Unit1 Kitchen, Unit1 Living Room, Unit2 Bedroom 1, Unit2 Bedroom 2, Unit2 Bedroom 3, Unit2 Bedroom 4, Unit2 Dining Room, Unit2 Extra Room 1, Unit2 Extra Room 2, Unit2 Extra Room 3, Unit2 Extra Room 4, Unit2 Extra Room 5, Unit2 Extra Room 6, Unit2 Family Room, Unit2 Kitchen, Unit2 Living Room, Unit3 Bedroom 1, Unit3 Bedroom 2, Unit3 Bedroom 3, Unit3 Bedroom 4, Unit3 Dining Room, Unit3 Extra Room 1, Unit3 Extra Room 2, Unit3 Extra Room 3, Unit3 Extra Room 4, Unit3 Extra Room 5, Unit3 Extra Room 6, Unit3 Family Room, Unit3 Kitchen, Unit3 Living Room, Unit4 Bedroom 1, Unit4 Bedroom 2, Unit4 Bedroom 3, Unit4 Bedroom 4, Unit4 Dining Room, Unit4 Extra Room 1, Unit4 Extra Room 2, Unit4 Extra Room 3, Unit4 Extra Room 4, Unit4 Extra Room 5, Unit4 Extra Room 6, Unit4 Family Room, Unit4 Kitchen, Unit4 Living Room

Exterior Features

  • Exterior: Other

Utilities

  • Heating: Forced Air

Condo/Co-op/Association

  • Common Features: Carpets, Security Deposit, Patio, Pet Restrictions, Private Entrance, W/D Hookups

Fee Information

  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Schools

  • School District: Grinnell-Newburg

Lot Info

  • Acres: 0.24
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Size Sq Ft: 10454.4
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Multi Family

  • Tenant Expenses: Electricity, Fuel, Trash Collection, Water
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

MLS Schools

  • School District: 2709 - Grinnell-Newburg
  • School District Name: Grinnell-Newburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2016
Closed on
Jun 1, 2017
Sold by
Zandbergen Donna B Van and Thilgen Robert J
Bought by
Kalia Vikas
Seller's Agent
Tammy Kriegel
Patriot Realty
Buyer's Agent
Andy Erselius
AE Realty, Inc
List Price
$206,000
Sold Price
$191,500
Premium/Discount to List
-$14,500
-7.04%
Current Estimated Value
$252,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,203
Avg. Annual Appreciation
3.39%
Original Mortgage
$153,200
Outstanding Balance
$79,957
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$172,746
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Kalia Vikas $191,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalia Vikas $153,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2017 06/07/17 Sold $191,500 -7.0% $102 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
02/03/2016 02/03/16 For Sale $206,000 -- $110 / Sq Ft
Source: NoCoast MLS

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 $4,190 $254,440 $45,960 $208,480
2023 $3,830 $254,440 $45,960 $208,480
2022 $3,796 $202,530 $37,840 $164,690
2021 $3,796 $191,070 $35,700 $155,370
2020 $3,716 $191,070 $35,700 $155,370
2019 $3,770 $191,070 $35,700 $155,370
2018 $3,708 $191,070 $35,700 $155,370
2017 $3,786 $191,070 $35,700 $155,370
2016 $3,568 $191,070 $35,700 $155,370
2015 -- $180,700 $32,680 $148,020
2014 -- $206,840 $32,680 $174,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5469891

NoCoast MLS

APN: 180-3167800