NOT LISTED FOR SALE

1820 S 13th Ave E Newton, IA 50208

4 Beds
12 Baths
11,964 Sq Ft
1.37 Acres

Last Sold January 10, 2020

Last sale price $780,000 $65 Per Sq Ft

50 Days on Market

About This Home

As of January 2020

Multi-family investment property in pristine condition. Quail Ridge is a 12 unit multi-family property on 1.37 acres. The SE Newton location allows easy I-80 access for commuters and is close to retail, the YMCA, 30 acre park and more. All 12 units have 2 bedrooms, 1 3/4 baths, great room with fireplace, laundry hook ups and a deck or patio. There are 3 floor plans all with an open concept, over sized closets and the master bedroom having a 3/4 bath. There are 2 garages providing 12 garage spaces total. The large parking lot provides 15 unassigned parking spaces. This property has been professionally maintained. Tenants pay their own utilities and owner provides trash/recycling containers. 100% occupancy for 2018 and only $365 vacancy in 2019.

Last Listed By

Lynn Mawe

RE/MAX Partners Realty, Grinnell Listed on: 10/31/2019

RE/MAX Partners Realty, Grinnell

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $15,420

Year Built

  • Built in 1995

Lot Details

  • 1.37

Parking

  • 12 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 11,964 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 1.37 Acre Lot
  • Forced Air Heating System

Community Details

Overview

  • 12 Units

Building Details

  • Insurance Expense $6,072
  • Maintenance Expense $252
  • Trash Expense $1,680
  • Gross Income $8,775

Property Details

Home Type

Apartment

Est. Annual Taxes

$15,420

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: Per abstract or recorded deed for Jasper County parcel #0835379026
  • Municipality: Newton
  • Year Built: 1995
  • Stories: 2 Stories
  • OFFICELIST_ADDRESS: 1820 S 13th Avenue E
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2019-10-31
  • List Office I D: 395
  • M L Number Foreign: MIR35017866
  • Sales Office I D: 558
  • Selling Agent: 2137
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Avenue
  • Building Style: Apartment
  • Unit 1 Amenities: Patio
  • Unit 1 Appliances: Range, Dishwasher, Refrigerator
  • Unit 1 Annual Rent: 8400
  • Unit 1 Bathrooms Three Quarter: 1
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 2
  • Unit 1 Bedrooms: 2
  • Unit 1 Month Rent: 700
  • Unit 1 Number of Units: 4
  • Unit 1 Sq Ft: 997
  • Unit 2 Amenities: Patio
  • Unit 2 Appliances: Range, Dishwasher, Refrigerator
  • Unit 2 Annual Rent: 9000
  • Unit 2 Three Quarter Bathroom: 1
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Total Bathrooms: 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Month Rent: 750
  • Unit 2 Number of Units: 2
  • Unit 2 Sq Ft: 997
  • Unit 3 Annual Rent: 8700
  • Unit 3 Month Rent: 725
  • Unit 3 Number of Units: 4
  • Unit 3 Sq Ft: 997
  • Unit 4 Annual Rent: 9600
  • Unit 4 Month Rent: 800
  • Unit 4 Number of Units: 2
  • Unit 4 Sq Ft: 997
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Price Per S Q F T: 65.2
  • Above Grade Finished Sq Ft: 11964
  • 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
  • Three Quarter Bathrooms: 6

Exterior Features

  • Exterior: Vinyl
  • Road Frontage: Sidewalks, Other

Utilities

  • Garage Stalls: 12
  • Heating: Forced Air

Condo/Co-op/Association

  • Common Features: Carpets, Private Entrance, W/D Hookups

Fee Information

  • Annual Expense: 37008
  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Schools

  • School District: Newton

Lot Info

  • Acres: 1.37
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 203.73x293.53 +or-
  • Lot Size Sq Ft: 59851
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Multi Family

  • Expense Insurance: 6072
  • Expense Maintenance: 252
  • Expense Trash: 1680
  • Tenant Expenses: Electricity, Fuel, Water
  • Total Units: 12
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

Tax Info

  • Gross Taxes: 15420

MLS Schools

  • School District: 4725 - Newton
  • School District Name: Newton

Range of Values:

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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 Change Sq Ft Price
01/10/2020 01/10/20 Sold $780,000 +0.6% $65 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $775,000 +56.6% $65 / Sq Ft
08/05/2013 08/05/13 Sold $495,000 -5.2% $41 / Sq Ft
06/06/2013 06/06/13 Pending -- -- --
06/01/2013 06/01/13 For Sale $522,000 -- $44 / Sq Ft
Source: NoCoast MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lynn Mawe

    Seller's Agent in 2020

    Lynn Mawe

    RE/MAX

    (641) 990-1206

    153 Total Sales

    Lynn Mawe
    Section Image
  • Matt Karjalahti

    Seller Co-Listing Agent in 2020

    Matt Karjalahti

    RE/MAX

    (641) 260-0672

    144 Total Sales

    Matt Karjalahti
    Section Image
  • Jonell Wittkop

    Buyer's Agent in 2020

    Jonell Wittkop

    1st Rate Real Estate

    (641) 750-7064

    100 Total Sales

    Jonell Wittkop
    Section Image

  • O

    Seller's Agent in 2013

    Outside Listing Agent

    Outside Listing Office

  • S

    Buyer's Agent in 2013

    Susanne Otcheck-Hulin

    Iowa Realty Co., Inc

    (641) 990-5280

    1 Total Sale

    Susanne Otcheck-Hulin
    Section Image
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Map

Source: NoCoast MLS

MLS Number: NOC5469983

NoCoast MLS

Iowa Jasper County Newton 50208

1820 S 13th Ave E, Newton, IA

Homes for Sale in Newton, IA

This home is located at 1820 S 13th Ave E, Newton, IA 50208 since 31 October 2019. This property was built in 1995. 1820 S 13th Ave E is a home located in Jasper County with nearby schools including Berg Middle School, Newton Senior High School, and Newton Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.

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