NOT LISTED FOR SALE

1806 2nd St Nevada, IA 50201

Estimated Value: $197,000 - $263,000

4 Beds
2 Baths
1,712 Sq Ft
$134/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $215,000 $126 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,499/month

33 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Forced Air Heating and Cooling System
  • Central Elementary School Rated A-
  • Laundry Room

About This Home

As of May 2024

Check out this well-maintained, clean duplex for sale! This location is fast and convenient, it's just two blocks north of Old Lincoln Highway. It's an easy commute to work for offices located outside of Nevada. The unit on the right side is currently vacant; it's clean and bright, and ready for a new tenant or owner. Here's a great opportunity to live in your own duplex! Did you know there are owner-occupied loans available that only require a 5% down payment? The left unit is occupied by a reliable tenant that's lived there for 10+ years! There are 2 attached single car garages, separating the two units - which is great for privacy. Plenty of parking available on the large driveway. Maintenance-free vinyl siding. Half the windows/sliding doors are newer. Tenant pays for all utilities. All appliances included. Both sides of the duplex have the same floorplan; 2 BR one full bath with washer/dryer in a main floor closet with attached one car garage.

Last Agent to Sell the Property

Angie Shirk-Tewes

United Real Estate Profess Listed on: 03/01/2024

United Real Estate Profess

Last Buyer's Agent

Marc Olson

Re/max Concepts-Nevada

Re/max  Concepts-Nevada

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,896

Year Built

  • Built in 1992

Lot Details

  • 8,400

Home Design

  • 1,712 Sq Ft Home
  • Duplex
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • 2 Kitchens
  • Stove
  • Cooktop
  • Dishwasher

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Additional Features

  • 2 Full Bathrooms
  • 8,400 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Gross Income $17,770

Listing and Financial Details

  • Assessor Parcel Number 1106325700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,896

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Duplex
  • Lp Amt Sq Ft: 134.29
  • Sp Amt Sq Ft: 125.58
  • Termite: Call Listing Agent
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Disposals: 1
  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: 1st Flr Laundry
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Kitchens: 2
  • Laundry: Yes
  • Storage: No
  • Included Items: Cooktop, Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1712
  • Total Sq Ft: 1712

Exterior Features

  • Exterior: Vinyl Siding
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Attached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: y

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Schools

  • School District: Nevada

Lot Info

  • Acres: 0.1928
  • Lot S F: 8400
  • Assessor Parcel Number: 1106325700
  • Zoning: R

Rental Info

  • Deposit: No
  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Water Tenant

Tax Info

  • Gross Taxes: 2896.00
  • Net Taxes: 2896.00

MLS Schools

  • School District: Nevada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
May 31, 2024
Sold by
Lennon David M
Bought by
Unknown
Seller's Agent
Angie Shirk-Tewes
United Real Estate Profess
Buyer's Agent
Marc Olson
Re/max Concepts-Nevada
List Price
$229,900
Sold Price
$215,000
Premium/Discount to List
-$14,900
-6.48%
Views
54
Current Estimated Value
$229,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,672
Avg. Annual Appreciation
4.33%
Original Mortgage
$172,000
Outstanding Balance
$170,035
Interest Rate
7.22%
Mortgage Type
Credit Line Revolving
Estimated Equity
$56,579

Purchase Details

Closed on
Jan 21, 2013
Sold by
Luing Rebecca L and Luing Rodney
Bought by
Lennon David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,800
Interest Rate
3.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2010
Sold by
Luing Roger L
Bought by
Luing Rebecca L
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
Unknown $215,000 None Listed On Document
Lennon David M $118,500 None Available
Luing Rebecca L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Unknown $172,000
Previous Owner Lennon David M $94,800
Previous Owner Luing Rebecca L $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $215,000 -6.5% $126 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $229,900 -- $134 / 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 $2,974 $183,800 $39,000 $144,800
2023 $2,896 $183,800 $39,000 $144,800
2022 $2,876 $147,200 $36,000 $111,200
2021 $2,988 $147,600 $36,000 $111,600
2020 $2,902 $144,600 $33,000 $111,600
2019 $2,902 $144,600 $33,000 $111,600
2018 $2,678 $124,700 $33,000 $91,700
2017 $2,678 $124,700 $33,000 $91,700
2016 $2,580 $120,600 $27,000 $93,600
2015 $2,580 $120,600 $27,000 $93,600
2014 $2,572 $118,400 $27,000 $91,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 690394

Des Moines Area Association of REALTORS®

APN: 11-06-325-700