$79,000
SOLD NOV 19, 2020

222 State St Boone, IA 50036

-- Bed
-- Bath
1,452 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

56% Below List Price

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

Member Non

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

  • 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

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.
  • Architectural Style: 2 Story
  • Garage Yn: Yes
  • 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
  • Keywords:Architectural Style2: 2 Story
  • 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

  • Keywords:Garage Capacity3: 1 Car
  • 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

Range of Values:

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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
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% --
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% --
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kelli Excell

    Seller's Agent in 2020

    Kelli Excell

    NextHome Journey

    (515) 451-6876

    3 in this area

    62 Total Sales

    Kelli Excell
    Section Image

  • M

    Buyer's Agent in 2020

    Member Non

    CENTRAL IOWA BOARD OF REALTORS

  • Emily Graeve

    Seller's Agent in 2016

    Emily Graeve

    RE/MAX

    (515) 314-0253

    174 in this area

    285 Total Sales

    Emily Graeve
    Section Image
  • Nate Nerem

    Seller's Agent in 2013

    Nate Nerem

    Nerem & Associates

    (515) 432-5650

    90 in this area

    143 Total Sales

    Nate Nerem
    Section Image

  • M

    Buyer's Agent in 2013

    Michael Sunstrom

    Nerem & Associates

See All Agents

Map

Source: Central Iowa Board of REALTORS®

MLS Number: 55640

Iowa Boone County Boone 50036

222 State St, Boone, IA

This home is located at 222 State St, Boone, IA 50036 and is currently priced at $79,000, approximately $54 per square foot. This property was built in 1900. 222 State St is a home located in Boone County with nearby schools including Boone High School, Sacred Heart School, and Trinity Lutheran School.

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