NOT LISTED FOR SALE

201 E Grimes Ave Fairfield, IA 52556

Estimated Value: $116,000 - $130,000

3 Beds
3 Baths
1,710 Sq Ft
$72/Sq Ft Est. Value

Last Sold December 17, 2012

Last sale price $32,800 $19 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $684/month

103 Days on Market

About This Home

As of December 2012

Great investment opportunity! Currently producing $1250 income per month. This triplex has three one-bedroom units, two on the main level, and one upstairs. Each unit has a refrigerator and stove which stay. Newer metal roof. Don't miss your chance to own this property!

Last Listed By

Michael Goehring

Greiner Real Estate & Auction Listed on: 07/11/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18

Year Built

  • Built in 1880

Lot Details

  • 5,280

Home Design

  • 1,710 Sq Ft Home
  • Duplex
  • Metal Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 5,280 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: HENN WILLIAMS S 80' 4 2
  • Municipality: Fairfield
  • Year Built: 1880
  • Stories: 2 Stories
  • OFFICELIST_ADDRESS: 201 E Grimes
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2012-07-11
  • List Office I D: 747
  • M L Number Foreign: SEIA22014884
  • Sales Office I D: 708
  • Selling Agent: 3822
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Building Style: Duplex Other
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Number of Units: 1
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Total Bathrooms: 1
  • Unit 2 Bedrooms: 1
  • Unit 2 Number of Units: 1
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Total Bathrooms: 1
  • Unit 3 Bedrooms: 1
  • Unit 3 Number of Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Price Per S Q F T: 19.18
  • Above Grade Finished Sq Ft: 1710
  • 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

Exterior Features

  • Roof: Metal

Utilities

  • Heating: Forced Air

Fee Information

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

Schools

  • School District: Fairfield

Lot Info

  • Acres: 0.12
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Size Sq Ft: 5280
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Multi Family

  • Total Units: 3
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

MLS Schools

  • School District: 2169 - Fairfield
  • School District Name: Fairfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2020
Sold by
Clark Brenton J and Clark Rachel M
Bought by
Levi Kevin K
Total Days on Market
103
Current Estimated Value
$123,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$338,342
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
-$213,009

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
Levi Kevin K $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levi Kevin K $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2012 12/17/12 Sold $32,800 -27.1% $19 / Sq Ft
10/22/2012 10/22/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $45,000 -- $26 / Sq Ft
Source: NoCoast MLS

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 $18 $100,300 $11,900 $88,400
2023 $2,168 $100,300 $11,900 $88,400
2022 $2,498 $104,700 $16,100 $88,600
2021 $2,498 $77,500 $11,900 $65,600
2020 $1,116 $41,100 $11,900 $29,200
2019 $1,112 $37,300 $0 $0
2018 $1,144 $37,300 $0 $0
2017 $1,144 $37,300 $0 $0
2016 $1,272 $37,300 $0 $0
2015 $1,256 $34,400 $0 $0
2014 $1,256 $34,200 $0 $0
2013 $1,354 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5428666

NoCoast MLS

APN: 06-25-191-002