NOT LISTED FOR SALE

207 Pleasant St Carson, IA 51525

-- Bed
-- Bath
6,900 Sq Ft
1959 Built

Last Sold May 24, 2024

Last sale price $405,000 $59 Per Sq Ft

5 Days on Market

About This Home

As of May 2024

6 unit apartment building in great condition, with value add potential on the basement units. Offered at a 10% cap rate with potential to go 12% cap by adding egress windows to basement units, and increasing rents. Tenants pay all utilites with electric baseboard heat in all units. Water heaters are electric. Property has been well maintained and high demand to lease units.

Last Listed By

Kody Stowell

Realty One Group Sterling License #S65439000 Listed on: 04/18/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,220

Year Built

  • Built in 1959

Home Design

  • Brick Exterior Construction
  • Composition Roof

Schools

  • Riverside Elementary School
  • Riverside Community Middle School
  • Riverside Community High School

Additional Features

  • 2-Story Property
  • Window Unit Cooling System

Community Details

  • Gross Income $58,500

Listing and Financial Details

  • Tenant pays for electric, water, garbage
  • The owner pays for common area only

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,220

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Inspections: Section 8 Inspected
  • Miscellaneous: Individual Elec Mtrs, Security Deposit, Individual Wtr Mtrs
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Stories: Two
  • Appliances: Dryer - Coin, Window A/C, Washer - Coin, Stove, Refrigerator
  • Features: Carpets, Common Util Room

Beds/Baths

  • Half Bathrooms: None
  • Full Bathrooms: Six
  • Sleeping Rooms: 9+

Exterior Features

  • Roof: Composition
  • Exterior: Brick

Garage/Parking

  • Garage: None
  • Parking: 7 - 10

Utilities

  • Heat Cooling: Window A/C
  • Utilities Paid by Owner: Common Area Only
  • Utilities Paid by Renter: Electric, Water, Garbage

Schools

  • School District: Riverside
  • Elementary School: Riverside
  • Middle School: Riverside Community
  • High School: Riverside Community
  • Elementary School: Riverside
  • High School: Riverside Community
  • Jr High: Riverside Community
  • School District: Riverside

Lot Info

  • Lot Size: 19602sqft

Building Info

  • Year Built: 1959
  • Building Sq Ft: 6900.00

Tax Info

  • Current REIDS Year Paid: N/A
  • Gross Taxes: 3776.00
  • Net Taxes: 3776.00
  • Tax Year: 2022

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $405,000 +1.3% $59 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $399,900 -- $58 / Sq Ft
Source: Southwest Iowa 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 $4,220 $245,700 $18,000 $227,700
2023 $4,130 $245,700 $18,000 $227,700
2022 $4,258 $190,400 $9,000 $181,400
2021 $6,546 $190,400 $9,000 $181,400
2020 $5,076 $190,400 $9,000 $181,400
2019 $4,138 $190,400 $9,000 $181,400
2018 $4,308 $146,000 $9,000 $137,000
2017 $4,460 $142,400 $9,000 $133,400
2015 $4,770 $142,400 $9,000 $133,400
2014 $4,762 $136,620 $8,510 $128,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Iowa Association of Realtors®

MLS Number: 24-683

Southwest Iowa Association of Realtors®