NOT LISTED FOR SALE

220 5th St NE Mason City, IA 50401

Estimated Value: $41,000 - $145,000

5 Beds
3 Baths
-- Sq Ft
9,191 Sq Ft Lot

Last Sold August 31, 2023

Last sale price $30,000

Est. 224% increase in value since last sale

Current estimated payment $570/month

161 Days on Market

About This Home

As of August 2023

Investment opportunity! Triplex with 2 units currently rented. One unit has 3 bedrooms, 1 bath and the other two units are 1 bedroom, 1 bath. Off-street parking.

Last Agent to Sell the Property

Timothy Latham

HILDEBRAND REAL ESTATE License #S44162 Listed on: 02/06/2023

Last Buyer's Agent

Timothy Latham

HILDEBRAND REAL ESTATE License #S44162 Listed on: 02/06/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 9,191

Home Design

  • Triplex
  • Block Foundation
  • Asphalt Roof
  • Slate

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Gas Range
  • Lot Dimensions are 74x124

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for electric, gas, heat, snow removal, trash, water
  • Assessor Parcel Number 070335801000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: MULTI-FAMILY
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Kitchen Appliances: Gas Range, Refrigerator

Exterior Features

  • Construction: Slate
  • Foundation: Block
  • Roof: Asphalt

Utilities

  • Flood Insurance: Not Required
  • Heat: Forced Air, Gas
  • Utilities Sewer: City
  • Water: City

Lot Info

  • Total Assessed Value: 37880
  • Estimated Lot Sq Ft: 74x124
  • Parcel Number: 070335801000

Rental Info

  • Owner Pays: Electric, Gas, Heat, Snow Removal, Trash, Water

Tax Info

  • Year: 2021
  • Taxes: 904

Multi Family

  • Multi Family Type: Tri-Plex
  • Number Of Units: 3

MLS Schools

  • School District: Mason City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Aug 22, 2023
Sold by
Td Young Rentals Llc
Bought by
Waite Lincoln
Seller's Agent
Timothy Latham
HILDEBRAND REAL ESTATE
Buyer's Agent
Timothy Latham
HILDEBRAND REAL ESTATE
List Price
$60,000
Sold Price
$30,000
Premium/Discount to List
-$30,000
-50%
Views
423
Current Estimated Value
$97,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,333
Avg. Annual Appreciation
72.44%
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
Waite Lincoln $30,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $30,000 -25.0% --
07/17/2023 07/17/23 Pending -- -- --
04/14/2023 04/14/23 Price Changed $40,000 -14.9% --
03/23/2023 03/23/23 Price Changed $47,000 -21.7% --
02/06/2023 02/06/23 For Sale $60,000 -- --
Source: Mason City Multiple Listing Service

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 $734 $45,790 $18,850 $26,940
2023 $750 $45,790 $18,850 $26,940
2022 $904 $37,880 $14,500 $23,380
2021 $1,160 $37,290 $14,500 $22,790
2020 $1,159 $44,690 $14,500 $30,190
2019 $1,154 $0 $0 $0
2018 $1,214 $0 $0 $0
2017 $1,272 $0 $0 $0
2016 $1,212 $0 $0 $0
2015 $1,212 $0 $0 $0
2014 $1,252 $0 $0 $0
2013 $1,302 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Timothy Latham

    Seller's Agent in 2023

    Timothy Latham

    HILDEBRAND REAL ESTATE

    (641) 425-0363

    172 Total Sales

    Timothy Latham
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Map

Source: Mason City Multiple Listing Service

MLS Number: 230054

Mason City Multiple Listing Service

APN: 07-03-358-01-000

Iowa Cerro Gordo County Mason City 50401

220 5th St NE, Mason City, IA

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