NOT LISTED FOR SALE

206 E Hammond St Red Oak, IA 51566

Estimated Value: $45,000 - $431,000

8 Beds
4 Baths
2,659 Sq Ft
$57/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $34,000 $13 Per Sq Ft

Est. 347% increase in value since last sale

Current estimated payment $885/month

21 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 2-minute walk to Fountain Park Farmer's Mkt

About This Home

As of June 2016

This 4 apartment building has two (2) bedroom units and two (1) bedroom units. The property has a good rental history and is presently totally occupied, Both main floor units have washer and dryer hookup and the NW unit has use of the garage. Be sure to call for details on this excellent investment property.

Last Agent to Sell the Property

Chris Amos

Rubey Realty License #*** Listed on: 04/28/2016

Last Buyer's Agent

Charles Thomas

Thomas Realty License #***

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,040 Sq Ft Lot
  • Lot Dimensions are 45 x 112

Parking

  • 1 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 2,659 Sq Ft Home
  • Carpet

Utilities

  • Forced Air Heating System

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $504
  • Gross Income $26,460

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: L 3 B 27, Original Plat, City of Red OakMontgomery County, Iowa
  • Municipality: Red Oak
  • Year Built: 1900
  • Stories: 2 Stories
  • Inspections: Self Inspected
  • OFFICELIST_ADDRESS: 206 E Hammond Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2016-04-28
  • List Office I D: 352
  • M L Number Foreign: WCIR20151087
  • Sales Office I D: 162
  • Selling Agent: 1107
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Street
  • Building Style: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 12.79
  • Above Grade Finished Sq Ft: 2659
  • 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

  • Exterior: Other
  • Road Frontage: Sidewalks, Other

Utilities

  • Garage Stalls: 1
  • Heating: Forced Air

Condo/Co-op/Association

  • Common Features: Carpets, Security Deposit

Fee Information

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

Schools

  • School District: Red Oak

Lot Info

  • Acres: 0.12
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 45 x 112
  • Lot Size Sq Ft: 5040
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Multi Family

  • Expense Insurance: 504
  • Tenant Expenses: None
  • Total Units: 4
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

Tax Info

  • Gross Taxes: 1924

MLS Schools

  • School District: 5463 - Red Oak
  • School District Name: Red Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2020
Sold by
Eickemeyer Chris Bobbie
Bought by
Berkshire Hathaway 206 Mo Land Trust
Current Estimated Value
$152,016
Source: Public Records

Range of Values:

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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
Berkshire Hathaway 206 Mo Land Trust $40,000 None Listed On Document
Berkshire Hathaway 206 Mo Land Trust $40,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2016 06/15/16 Sold $34,000 -24.4% $13 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $45,000 -- $17 / 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
2025 $950 $23,000 $4,410 $18,590
2024 $950 $40,450 $4,410 $36,040
2023 $910 $40,450 $4,410 $36,040
2022 $1,008 $33,750 $4,410 $29,340
2021 $1,076 $33,750 $4,410 $29,340
2020 $1,076 $33,750 $4,410 $29,340
2019 $1,170 $33,750 $4,410 $29,340
2018 $1,210 $33,750 $0 $0
2017 $1,210 $33,750 $0 $0
2015 $1,672 $45,020 $0 $0
2014 $1,800 $39,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5428238

NoCoast MLS

APN: 600-62-81-610030-00