NOT LISTED FOR SALE

225 1st St E Newhall, IA 52315

Estimated Value: $207,000 - $475,966

1 Bed
1 Bath
7,718 Sq Ft
$48/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $245,000 $32 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,979/month

205 Days on Market

About This Home

As of May 2014

JUST TO START, TWO 100 GALLON HOT WATER HEATERS NEW, 2 YEARS AGO. NEW CONCRETE PARKING LOT. NEW CONCRETE SIDEWALK. NEW COIN OPERATED WASHER AND DRYER 1 1/2 YEARS AGO. 8 OF 9 WINDOW AIR CONDITIONS NEW RECENTLY. NEW SECURITY LOCKS. ROOF REPLACED 3 YEARS AGO WITH AN ADDITIONAL 21" OF INSULATION ADDED. NEW SOUTH SLOPE CABLE THROUGHOUT. ALL APPLIANCES NEW WITHIN THE LAST 3 YEARS. NEW FIRE/CARBON DIOXIDE ALARMS. NEW FIRE EXTINGUISHERS. EXCELLENT RENTAL HISTORY. PLEASE NOTE--48 HOURS NOTICE TO SHOW.

Last Agent to Sell the Property

Jack Lyster

SKOGMAN REALTY COMMERCIAL Listed on: 09/18/2013

Last Buyer's Agent

Kristi Whitham

SKOGMAN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,804

Year Built

  • 1973

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 142

Home Design

  • 7,718 Sq Ft Home
  • Brick Exterior Construction
  • Metal Construction or Metal Frame

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,804

Year Built

1973

Lot Details

0

Listing Details

  • Acres: 0.1600
  • City Name: Newhall
  • Condo Co-Op YN: Yes
  • Expense Info: Owner Provided
  • Gross Tax: 3804
  • List User Cell Phone: 319-270-5300
  • Miscellaneous: Common Laundry-Owned, Parking Spaces, Sep. Meter – Electric, Sep. Meter – Gas
  • Net Tax: 3804
  • Noof Units One Bedroom: 3
  • Noof Units Two Bedroom: 6
  • Property Sub Types: 5+ Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.87814
  • Ratio Close Price By Original Li: 0.79545
  • Ratio Current Price By Sq Ft: 31.74
  • Total Sq Ft: 7718
  • Style St: Flat/Apartment
  • Tax Roll Number: 16002210
  • Tenants Responsibilities Include: Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: RES
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1973

Exterior Features

  • Construction Methods: Metal Frame
  • Exterior: Brick

Utilities

  • Heating Cooling: Gas Heat, Window/Wall Air

Lot Info

  • Lot Size: 50 X 142

Rental Info

  • Owner Pays: Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2013
Closed on
May 27, 2014
Sold by
Day Nancy C
Bought by
Newhall Llc
Seller's Agent
Jack Lyster
SKOGMAN REALTY COMMERCIAL
Buyer's Agent
Kristi Whitham
SKOGMAN REALTY
List Price
$308,000
Sold Price
$245,000
Premium/Discount to List
-$63,000
-20.45%
Current Estimated Value
$372,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,492
Avg. Annual Appreciation
3.66%
Original Mortgage
$196,000
Outstanding Balance
$149,431
Interest Rate
4.34%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$223,061

Purchase Details

Closed on
Oct 11, 2007
Sold by
Sarll Brian and Sarll Linda Christine
Bought by
Sknv Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,750
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2006
Sold by
Pruess Harlan R and Pruess Ginger
Bought by
Ira Anthony E Schubert and Guaranty Bank And Trust Co
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Newhall Llc $245,000 None Available
Sknv Revocable Trust $255,000 None Available
Ira Anthony E Schubert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newhall Llc $196,000
Previous Owner Sknv Revocable Trust $216,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold $245,000 -20.5% $32 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
09/18/2013 09/18/13 For Sale $308,000 -- $40 / Sq Ft
Source: Cedar Rapids Area Association 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 $510 $41,500 $0 $41,500
2024 $510 $37,600 $1,700 $35,900
2023 $490 $37,600 $1,700 $35,900
2022 $484 $33,500 $1,400 $32,100
2021 $484 $33,500 $1,400 $32,100
2020 $472 $31,600 $1,300 $30,300
2019 $464 $31,600 $1,300 $30,300
2018 $446 $30,200 $1,200 $29,000
2017 $446 $30,200 $1,200 $29,000
2016 $428 $26,600 $1,100 $25,500
2015 $428 $26,600 $1,100 $25,500
2014 $436 $27,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1306515

Cedar Rapids Area Association of REALTORS®

APN: 16002200