NOT LISTED FOR SALE

16 E 1st St Spencer, IA 51301

7 Beds
7 Baths
1,625 Sq Ft
5,368 Sq Ft Lot

Last Sold July 21, 2022

Last sale price $115,000 $71 Per Sq Ft

3 Days on Market

About This Home

As of July 2022

Investor opportunity! Fully-occupied seven unit building that includes four efficiency apartments and three one-bedroom apartments. Each apartment rents for between $450 and $550 per month.

Last Agent to Sell the Property

Kate Padilla

eXp Realty LLC License #S68295 Listed on: 05/19/2022

eXp Realty LLC

Last Buyer's Agent

Bridget Johnson

NextHome at the Lakes License #S67411

NextHome at the Lakes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,432

Year Built

  • Built in 1915

Lot Details

  • 5,368 Sq Ft Lot
  • Lot Dimensions are 44 x 122

Home Design

  • Quadruplex
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,625 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 963618138007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,432

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Property Attached: No
  • Type: Quadruplex
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 7
  • Basement Style: Full
  • Total Sq Ft: 2625
  • Above Grade Finished: 1625
  • Fireplace: No
  • Basement Features: Finished-Partial

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Flood Zone: No
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Type: None

Utilities

  • Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public/City

Lot Info

  • Parcel Number: 963618138007
  • Estimated Acres: 0.12
  • Estimated Lot Dimensions: 44 x 122
  • Lot Sq Ft: 5368

Rental Info

  • Furnished: No

Multi Family

  • Number Of Units: 7

Tax Info

  • Tax Amount: 1432
  • Tax Classification: Homestead
  • Tax Year: 2020

MLS Schools

  • School District: Spencer

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2022 07/21/22 Sold $115,000 0.0% $71 / Sq Ft
05/22/2022 05/22/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $115,000 +62.0% $71 / Sq Ft
11/30/2018 11/30/18 Sold $71,000 -16.5% $28 / Sq Ft View Prior Sale
10/15/2018 10/15/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $85,000 -- $34 / Sq Ft
Source: Iowa Great Lakes Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kate Padilla

    Seller's Agent in 2022

    Kate Padilla

    eXp Realty LLC

    (712) 363-0332

    22 in this area

    30 Total Sales

    Kate Padilla
    Section Image
  • Bridget Johnson

    Buyer's Agent in 2022

    Bridget Johnson

    NextHome at the Lakes

    (712) 330-1089

    4 in this area

    45 Total Sales

    Bridget Johnson
    Section Image
  • Kari Stave

    Seller's Agent in 2018

    Kari Stave

    EXIT Realty Midwest- Spencer/Emmetsburg

    (712) 363-2691

    109 in this area

    156 Total Sales

    Kari Stave
    Section Image

  • D

    Buyer's Agent in 2018

    Dawn Heaton

    Northwest Iowa Realty

    Section Image
See All Agents

Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 220481

Iowa Great Lakes Board of REALTORS®
Iowa Clay County Spencer 51301

16 E 1st St, Spencer, IA

Not Listed for Sale

MultiFamily

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Iowa Great Lakes Board of REALTORS® 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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