NOT LISTED FOR SALE

229 Manawa Ave Council Bluffs, IA 51501

Lake Manawa Neighborhood

Estimated Value: $157,000 - $182,000

4 Beds
2 Baths
1,496 Sq Ft
$115/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $109,900 $73 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,134/month

1 Day on Market

About This Home

As of August 2021

Great investment opportunity in this multi-family property located near Lake Manawa with convenient access to shopping and interstate. Both 2 bedroom/ 1 bath units are occupied by long term tenants. Utilities split and paid by tenants except garbage. Property includes off street parking and is on a dead end road. Sold as is.

Last Agent to Sell the Property

Blake Hunter

BHHS Ambassador - CB License #S68246000 Listed on: 07/08/2021

BHHS Ambassador - CB

Last Buyer's Agent

Jay Kathol

BHHS Ambassador - CB License #S44104000

BHHS Ambassador - CB

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,700

Year Built

  • Built in 1957

Lot Details

  • 3,049

Home Design

  • Frame Construction
  • Composition Roof

Schools

  • Lewis Central Elementary And Middle School
  • Lewis Central High School

Additional Features

  • 1-Story Property
  • Window Unit Cooling System

Listing and Financial Details

  • Tenant pays for electric, water, gas
  • The owner pays for garbage

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,700

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Inspections: Self Inspected
  • Miscellaneous: Individual Elec Mtrs, Individual Wtr Mtrs, Individual Gas Mtrs
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: One
  • Appliances: Stove
  • Features: Carpets, W/D Hookups, Private Entrance

Beds/Baths

  • Half Bathrooms: None
  • Full Bathrooms: Two
  • Sleeping Rooms: Four

Exterior Features

  • Roof: Composition
  • Exterior: Frame

Garage/Parking

  • Garage: None
  • Parking: 1 - 3

Utilities

  • Heat Cooling: Gas FA, Window A/C
  • Utilities Paid by Owner: Garbage
  • Utilities Paid by Renter: Electric, Water, Gas

Schools

  • School District: Lewis Central
  • Elementary School: Lewis Central
  • Middle School: Lewis Central
  • High School: Lewis Central
  • Elementary School: Lewis Central
  • High School: Lewis Central
  • Jr High: Lewis Central
  • School District: Lewis Central

Lot Info

  • Lot Size: .07

Building Info

  • Year Built: 1957
  • Building Sq Ft: 1496.00

Tax Info

  • Current REIDS Year Paid: N/A
  • Gross Taxes: 1492.00
  • Net Taxes: 1492.00
  • Tax Year: 1492

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2022
Sold by
Red Ladder Llc
Bought by
Red Ladder Rentals Llc
Current Estimated Value
$171,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Outstanding Balance
$181,440
Interest Rate
7%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$9,522

Purchase Details

Listed on
Jul 8, 2021
Closed on
Jul 20, 2021
Sold by
Grimm Nathan A and Grimm Allison E
Bought by
Red Ladder Llc
Seller's Agent
Blake Hunter
BHHS Ambassador - CB
Buyer's Agent
Jay Kathol
BHHS Ambassador - CB
List Price
$109,900
Sold Price
$109,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%

Purchase Details

Closed on
Mar 26, 2018
Sold by
Grimm Todd A and Grimm Tammy D
Bought by
Grimm Nathan A and Grimm Allison E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.38%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Red Ladder Rentals Llc -- None Listed On Document
Red Ladder Llc $110,000 None Available
Grimm Nathan A $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Red Ladder Rentals Llc $187,000
Previous Owner Grimm Nathan A $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2021 08/02/21 Sold $109,900 0.0% $73 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $109,900 -- $73 / Sq Ft
Source: Southwest Iowa Association of Realtors®

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
2025 $2,700 $185,200 $15,000 $170,200
2024 $2,700 $150,300 $13,000 $137,300
2023 $2,614 $150,300 $13,000 $137,300
2022 $1,710 $101,000 $12,500 $88,500
2021 $2,588 $83,900 $12,500 $71,400
2020 $1,506 $83,900 $12,500 $71,400
2019 $1,566 $67,532 $7,558 $59,974
2018 $1,532 $67,532 $7,558 $59,974
2017 $1,556 $67,532 $7,558 $59,974
2015 $1,532 $67,532 $7,558 $59,974
2014 $2,063 $67,532 $7,558 $59,974
Source: Public Records

Agents Affiliated with this Home

  • Blake Hunter

    Seller's Agent in 2021

    Blake Hunter

    BHHS Ambassador - CB

    (402) 681-8280

    3 in this area

    147 Total Sales

    Blake Hunter
    Section Image
  • Jay Kathol

    Buyer's Agent in 2021

    Jay Kathol

    BHHS Ambassador - CB

    (402) 618-2454

    10 in this area

    222 Total Sales

    Jay Kathol
    Section Image
See All Agents

Map

Source: Southwest Iowa Association of Realtors®

MLS Number: 21-1285

Southwest Iowa Association of Realtors®

APN: 7444-13-202-001

Iowa Pottawattamie County Council Bluffs 51501 Lake Manawa

229 Manawa Ave, Council Bluffs, IA

This home is located at 229 Manawa Ave, Council Bluffs, IA 51501 since 08 July 2021 and is currently estimated at $171,918, approximately $114 per square foot. This property was built in 1957. 229 Manawa Ave is a home located in Pottawattamie County with nearby schools including E.A. Kreft Primary School, Titan Hill Intermediate School, and Lewis Central Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest Iowa Association of Realtors® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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