NOT LISTED FOR SALE

1802 State St Unit A & B Granger, IA 50109

Estimated Value: $179,000 - $258,000

2 Beds
1 Bath
-- Sq Ft
5,354 Sq Ft Lot

Last Sold March 02, 2015

Last sale price $185,000

Est. 11% increase in value since last sale

Current estimated payment $1,342/month

178 Days on Market

Highlights

  • 2 Kitchens
  • Ranch Style House
  • Storage
  • Woodward-Granger Elementary School Rated 9+
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of March 2015

Vacant duplex in need of a good owner/investor! Brand new roof just installed. A side has new carpet and flooring throughout main living areas. Stove like new. Very well kept with only 1 renter other than original owner. B side has all new carpet and flooring throughout the main living area with a brand new (never used) stove and refrigerator, and washer/dryer already in unit. Each side has 2 very nice sized bedrooms and 2 baths (front bathroom standing shower only), it's own garage, and enclosed back porch. Investor CAP rate at 10.9%...amazing deal! Small town living within minutes of the metro area. Come check it out today!

Last Agent to Sell the Property

Angela Fisher

Century 21 Signature Listed on: 09/04/2014

Century 21 Signature

Last Buyer's Agent

Robert Nevitt

Nevitt Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,600

Year Built

  • Built in 1992

Lot Details

  • 5,354

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1 Bathroom
  • Storage
  • Laundry Room
  • Crawl Space
  • 2 Kitchens

Additional Features

  • 5,354 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0801383011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,600

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 38.00
  • Sp Amt Sq Ft: 35.00
  • Unit: A & B
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 1.00
  • Partial Bath Total: 1
  • Full Bathrooms: 1
  • Basement Description: Crawl Space
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes
  • Partial Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Foundation: Concrete Block
  • Paved: Yes

Garage/Parking

  • Garage: 2 Attached

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: 1

Condo/Co-op/Association

  • Manager: No

Schools

  • School District: Woodward-Granger

Lot Info

  • Acres: 0.1200
  • Lot S F: 5354
  • Assessor Parcel Number: 0801383011
  • Zoning: R

Rental Info

  • Deposit: No
  • Furnished: No
  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Tenant, Misc Exp Tenant, Water Tenant

Tax Info

  • Gross Taxes: 4600.00
  • Net Taxes: 4600.00
  • Assessor Parcel Number: 1802STATESTA & BDALLASWOODWARD50109
  • Tax Year: 2014

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Woodward-Granger

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2023
Sold by
Schultz Megann A
Bought by
Koch Ryan and Koch Shannon
Current Estimated Value
$204,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Outstanding Balance
$149,168
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$55,359

Purchase Details

Closed on
Jun 15, 2018
Sold by
Grubbs Properties Llc
Bought by
Schultz Megann A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
4.49%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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
Koch Ryan $174,000 --
Schultz Megann A $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koch Ryan $154,000
Previous Owner Schultz Megann A $121,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2015 03/02/15 Sold $185,000 -11.9% --
03/01/2015 03/01/15 Pending -- -- --
09/04/2014 09/04/14 For Sale $209,900 -- --
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 $3,086 $174,800 $19,640 $155,160
2023 $3,086 $174,800 $19,640 $155,160
2022 $2,598 $156,660 $19,640 $137,020
2021 $2,598 $136,110 $19,640 $116,470
2020 $2,602 $130,120 $19,640 $110,480
2019 $2,452 $130,120 $19,640 $110,480
2018 $2,452 $115,660 $18,460 $97,200
2017 $2,682 $115,660 $18,460 $97,200
2016 $2,570 $112,360 $18,460 $93,900
2015 $2,348 $106,070 $0 $0
2014 $2,348 $106,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 442163

Des Moines Area Association of REALTORS®

APN: 08-01-383-011