NOT LISTED FOR SALE

1520 Jeffreys Dr Osceola, IA 50213

Estimated Value: $721,565

-- Bed
36 Baths
17,011 Sq Ft
$42/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $640,000 $38 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,723/month

87 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Tile Flooring

About This Home

As of May 2022

Amazing opportunity for converting 35 room former hotel to efficiency or 1 bedrooms units. Onsite parking, utilities, master metered, lots of room for upside. USDA financing market available. Broker has financial interest.

Last Listed By

Ryan Wiederstein

WB Realty Company Listed on: 01/03/2022

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1970

Lot Details

  • 1.79 Acre Lot
  • Irregular Lot

Home Design

  • 17,011 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 36 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System

Community Details

  • No Home Owners Association
  • 36 Units

Listing and Financial Details

  • Assessor Parcel Number 13089

Property Details

Home Type

Apartment

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Apartment Style
  • Lp Amt Sq Ft: 40.86
  • Sp Amt Sq Ft: 37.62
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Carpeting, Tile Floors
  • Total Bathrooms: 36.00
  • Full Bathrooms: 36
  • First Floor Full Bathrooms: 1
  • Full Bathrooms: 35
  • Living Area Sq Ft: 17011
  • Total Sq Ft: 17011

Exterior Features

  • Exterior: Brick, Frame, Wood
  • Foundation: Poured
  • Paved: Yes
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Off Street Parking: yes

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central, Window Unit
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Schools

  • School District: Outside School District

Lot Info

  • Acres: 1.7900
  • Lot S F: 77972
  • Lot Shape: Irregular
  • Assessor Parcel Number: 13089
  • Zoning: com

Rental Info

  • Furnished: Yes
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Landlord, Electric Owner, Gas Landlord, Gas Owner, Insurance Landlord, Janitor Owner, Misc Exp Landlord, Taxes Owner, Water Landlord

Tax Info

  • Gross Taxes: 21586.00
  • Net Taxes: 21586.00
  • Tax Year: 2021

Multi Family

  • Total Units: 36

MLS Schools

  • School District: Outside School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2022
Closed on
May 2, 2022
Sold by
Osc Jv21 Llc
Bought by
Iowa Multi Llc
Seller's Agent
Ryan Wiederstein
WB Realty Company
Buyer's Agent
Alison Frank
Platinum Realty LLC
List Price
$695,000
Sold Price
$640,000
Premium/Discount to List
-$55,000
-7.91%
Total Days on Market
87
Current Estimated Value
$721,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,565
Original Mortgage
$90,000
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 15, 2021
Sold by
Rikita Llc
Bought by
Osc Jv21 Llc

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
Iowa Multi Llc $640,000 None Listed On Document
Osc Jv21 Llc $365,000 Johnston Tyler J
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Iowa Multi Llc $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $640,000 -7.9% $38 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $695,000 -- $41 / 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 $28,646 $798,070 $169,750 $628,320
2023 $22,864 $798,070 $169,750 $628,320
2022 $21,242 $647,970 $115,520 $532,450
2021 $21,586 $647,970 $115,520 $532,450
2020 $21,604 $647,970 $115,520 $532,450
2019 $21,394 $647,970 $0 $0
2018 $21,292 $647,970 $0 $0
2017 $21,292 $647,970 $0 $0
2016 $21,790 $647,970 $0 $0
2014 $21,408 $593,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 643650

Des Moines Area Association of REALTORS®

APN: 13089