NOT LISTED FOR SALE

227 W Wapello St Agency, IA 52530

-- Bed
-- Bath
13,729 Sq Ft
1.15 Acres

Last Sold July 31, 2018

Last sale price $500,000 $36 Per Sq Ft

61 Days on Market

About This Home

As of July 2018

ATTENTION INVESTORS!--Fantastic opportunity to own this well-maintained and well-managed 18-unit apartment complex near Ottumwa. Separately metered electric/heating. Includes 2 each coin-operated washers and dryers. All units have stoves and refrigerators. 18 units are: 3 1-Bedroom units, 11 2-Bedroom units, & 4 studio apartments. Qualified & serious buyers only please.

Last Agent to Sell the Property

Tammy Dunbar

Fairfield Real Estate Listed on: 05/02/2018

Fairfield Real Estate

Co-Listed By

Karen Hewitt

LIV Real Estate & Property Management

Last Buyer's Agent

Cynthia Grooms

Team Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,300

Year Built

  • Built in 1930

Lot Details

  • 1.15 Acre Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Flat Tile Roof
  • Metal Roof

Interior Spaces

  • 13,729 Sq Ft Home
  • Radiant Floor

Community Details

Overview

  • 18 Units

Building Details

  • Insurance Expense $3,600
  • Maintenance Expense $5,160
  • Trash Expense $1,320
  • Gross Income $99,999

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,300

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: Original Town Lots 1-5 Blk 10 (227 W. Wapello) + Ingram & Ramsey's Add Lots 9 & 10 Ex Pt Sold Bk 487+A parcel of real estate representing an abandoned alleyway bounded by Wash St on N & Wapello St on
  • Municipality: Agency
  • Year Built: 1930
  • Inspections: City Inspected
  • OFFICELIST_ADDRESS: 227 W Wapello
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2018-05-02
  • List Office I D: 708
  • M L Number Foreign: SEIA20169736
  • Sales Office I D: 821
  • Selling Agent: 3453
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Building Style: Apartment
  • Unit 1 Number of Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 36.42
  • Above Grade Finished Sq Ft: 13729
  • Room Types: Unit1 Bedroom 1, Unit1 Bedroom 2, Unit1 Bedroom 3, Unit1 Bedroom 4, Unit1 Dining Room, Unit1 Extra Room 1, Unit1 Extra Room 2, Unit1 Extra Room 3, Unit1 Extra Room 4, Unit1 Extra Room 5, Unit1 Extra Room 6, Unit1 Family Room, Unit1 Kitchen, Unit1 Living Room, Unit2 Bedroom 1, Unit2 Bedroom 2, Unit2 Bedroom 3, Unit2 Bedroom 4, Unit2 Dining Room, Unit2 Extra Room 1, Unit2 Extra Room 2, Unit2 Extra Room 3, Unit2 Extra Room 4, Unit2 Extra Room 5, Unit2 Extra Room 6, Unit2 Family Room, Unit2 Kitchen, Unit2 Living Room, Unit3 Bedroom 1, Unit3 Bedroom 2, Unit3 Bedroom 3, Unit3 Bedroom 4, Unit3 Dining Room, Unit3 Extra Room 1, Unit3 Extra Room 2, Unit3 Extra Room 3, Unit3 Extra Room 4, Unit3 Extra Room 5, Unit3 Extra Room 6, Unit3 Family Room, Unit3 Kitchen, Unit3 Living Room, Unit4 Bedroom 1, Unit4 Bedroom 2, Unit4 Bedroom 3, Unit4 Bedroom 4, Unit4 Dining Room, Unit4 Extra Room 1, Unit4 Extra Room 2, Unit4 Extra Room 3, Unit4 Extra Room 4, Unit4 Extra Room 5, Unit4 Extra Room 6, Unit4 Family Room, Unit4 Kitchen, Unit4 Living Room

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Flat, Metal

Utilities

  • Heating: Radiant

Condo/Co-op/Association

  • Common Features: Security Deposit, Pet Restrictions, Extra Storage

Fee Information

  • Annual Expense: 25500
  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Schools

  • School District: Cardinal

Lot Info

  • Acres: 1.15
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 1.154 acres m/l
  • Lot Size Sq Ft: 50094
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Multi Family

  • Expense Insurance: 3600
  • Expense Maintenance: 5160
  • Expense Trash: 1320
  • Tenant Expenses: Electricity, Fuel
  • Total Units: 18
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

Tax Info

  • Gross Taxes: 3300

MLS Schools

  • School District: 977 - Cardinal
  • School District Name: Cardinal

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
07/31/2018 07/31/18 Sold $500,000 -8.9% $36 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $549,000 -- $40 / Sq Ft
Source: NoCoast MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5428477

NoCoast MLS