NOT LISTED FOR SALE

222 State St Boone, IA 50036

Studio
-- Bath
1,452 Sq Ft
1900 Built

Sale Details

Date Sold: November 19, 2020

Last sale price $79,000 $54 Per Sq Ft

6 Days on Market

Highlights

  • 1 Car Attached Garage
  • Carpet
  • Heating System Uses Natural Gas
  • Central Air

About This Home

As of November 2020

Historic 1900 building converted into three 2-bedroom apartments. Located across from the County Courthouse in the 'West downtown' of Boone. Excellent cash flow. Has always remained fully rented very easily.

Last Agent to Sell the Property

Kelli Excell

NextHome Journey License #B58757 Listed on: 08/07/2020

NextHome Journey

Last Buyer's Agent

Beth Skluzacek

CENTRAL IOWA BOARD OF REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,238

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 22 x 66

Parking

  • 1 Car Attached Garage

Home Design

  • Triplex
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Masonite

Interior Spaces

  • 1,452 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 088426292482069

Community Details

Overview

  • 3 Units
  • Refrigerator X 3, Range X 3 Association

Building Details

  • Operating Expense $6,969
  • Gross Income $16,610
  • Net Operating Income $9,641

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,238

Year Built

Built in 1900

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Multi-Family
  • Lot Size: 22 x 66
  • Directions: Travelling north on Story St, turn west onto Mamie Eisenhower Ave. Continue on Mamie Eisenhower until you come to State Street. Turn left onto State. Property will be on the left side of the road.
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1900
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Laminate: Yes
  • Exterior:Brick: Yes
  • Floor:Vinyl2: Yes
  • Foundation:Brick2: Yes
  • Foundation:Stone2: Yes
  • Exterior:Masonite: Yes
  • Annual Expenses: 6969.0
  • Income Expenses Net Income: 9641.0
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Flooring: Vinyl, Laminate, Carpet
  • Basement:Full2: Yes

Exterior Features

  • Construction Type: Masonite, Brick
  • Foundation Details: Brick/Mortar, Stone

Garage/Parking

  • Garage Spaces: 1.0
  • Keywords:Garage Type3: Attached
  • Keywords:Parking Spaces2: 1 - 5 Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Name: Refrigerator x 3, Range x 3

Schools

  • Junior High Dist: Boone

Lot Info

  • Parcel #: 088426292482069
  • Zoning: L (Multi Res)

Rental Info

  • Who Pays Trash: Landlord
  • Who Pays Water: Landlord

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 16610.0
  • Property Net Operating Income: 9641.0
  • Annual Operating Expense: 6969.0

Tax Info

  • Tax Annual Amount: 1237.61
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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 List to Sale Price per Sq Ft Prior Sale
11/19/2020 11/19/20 Sold $79,000 -55.9% $54 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $179,000 +411.4% $123 / Sq Ft
12/30/2016 12/30/16 Sold $35,000 -29.9% -- View Prior Sale
12/12/2016 12/12/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $49,900 +61.0% --
02/08/2013 02/08/13 Sold $31,000 -20.5% -- View Prior Sale
01/07/2013 01/07/13 Pending -- -- --
10/17/2012 10/17/12 For Sale $39,000 -- --
Source: Central Iowa Board of REALTORS®

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 $1,656 $93,270 $9,010 $84,260
2024 $1,656 $89,894 $5,632 $84,262
2023 $1,136 $89,894 $5,632 $84,262
2022 $1,392 $54,389 $2,816 $51,573
2021 $1,392 $54,389 $2,816 $51,573
2020 $1,304 $44,147 $2,816 $41,331
2019 $1,238 $44,147 $2,816 $41,331
2018 $1,320 $39,654 $2,816 $36,838
2017 $1,320 $39,654 $2,816 $36,838
2016 $1,412 $39,654 $2,816 $36,838
2015 $1,474 $39,654 $0 $0
2014 $1,546 $39,654 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 55640

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