NOT LISTED FOR SALE

231 Broadway St Grand River, IA 50108

Estimated Value: $151,000 - $194,000

2 Beds
2.5 Baths
3,432 Sq Ft
$52/Sq Ft Est. Value

Last Sold November 08, 2023

Last sale price $182,000 $53 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,041/month

103 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heat Pump System
  • Patio
  • Vinyl Flooring
  • 3-minute walk to Barber Creek Wildlife Management

About This Home

As of November 2023

Here is an opportunity to own a rare property in Grand River, Iowa (west off I35). The historical two story, brick building was the Grand River Opera House over 100 years ago and later a hotel. It boasts over 3400 square feet of finished space that has many possible uses. The property was purchased to be used as a store front on the main floor and spacious loft/living space on the 2nd. In addition, the main floor has an apartment with 1 bedroom, 1 full bath, small bar and kitchen with laundry hook up. Currently the 2nd floor has a 2nd bedroom, a loft, 1.5 bathrooms with laundry and a large kitchen with new custom cabinets, countertops and walk in pantry The current owners kept a lot of the original/historical finishes but added many new/high end features when they renovated. The next owner has endless possible uses from a VRBO, grocery store, bakery, salon, boutique, party venue. Let the imagination run wild. It is 10 minutes from Sun Valley Lake and only an hour from West Des Moines. There are also over 6,000 acres of public hunting ground only 4.5 miles away. All information obtained from sellers and public record. Contract option available.

Last Agent to Sell the Property

Kane Mccuen

RE/MAX Precision Listed on: 05/12/2023

RE/MAX Precision

Last Buyer's Agent

Kane Mccuen

RE/MAX Precision Listed on: 05/12/2023

RE/MAX Precision

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $972

Year Built

  • Built in 1880

Lot Details

  • 3,006

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Metal Roof

Interior Spaces

  • 3,432 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Crawl Space

Kitchen

  • Built-In Oven
  • Stove
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0133277006

Home Details

Home Type

Single Family

Est. Annual Taxes

$972

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 50.99
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 53.03
  • Termite: Call Listing Agent
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: 2nd Flr Laundry, Vinyl Floors
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • Second Floor Half Bathrooms: 1
  • Basement Description: Crawl Space
  • Included Items: Cooktop, Dishwasher, Dryer, Microwave, Stove, Wall Oven, Washer
  • Living Area Sq Ft: 3432
  • Total Sq Ft: 3432

Exterior Features

  • Exterior: Brick
  • Exterior Features: Open Patio
  • Foundation: Brick
  • Roof: Metal, See Remarks
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete, Gravel

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Heat Pump

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Central Decatur

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Lot Info

  • Lot Shape: Regular
  • Assessor Parcel Number: 0133277006
  • Zoning: REs

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 972.00
  • Net Taxes: 672.00

MLS Schools

  • School District: Central Decatur

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Nov 8, 2023
Sold by
Mcgriff Kevin and Mcgriff Larayne
Bought by
Morse Grant and Stewart Addison
Seller's Agent
Kane Mccuen
RE/MAX Precision
Buyer's Agent
Kane Mccuen
RE/MAX Precision
List Price
$199,000
Sold Price
$182,000
Premium/Discount to List
-$17,000
-8.54%
Views
92
Current Estimated Value
$179,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,208
Avg. Annual Appreciation
-6.72%
Original Mortgage
$145,600
Outstanding Balance
$143,925
Interest Rate
8.23%
Mortgage Type
New Conventional
Estimated Equity
$17,087
Source: Public Records

Range of Values:

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Average Value
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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
Morse Grant $182,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morse Grant $145,600
Closed Complete Properties Llc $135,000
Closed Hauge Kirk $160,000
Previous Owner Mcgriff Kevin $56,214
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 Sold $182,000 +4.0% $53 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
07/27/2023 07/27/23 Price Changed $175,000 -12.1% $51 / Sq Ft
05/12/2023 05/12/23 For Sale $199,000 -- $58 / Sq Ft
Source: Des Moines Area 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
2024 $684 $60,440 $1,250 $59,190
2023 $988 $60,440 $1,250 $59,190
2022 $972 $62,066 $592 $61,474
2021 $1,044 $62,066 $592 $61,474
2020 $1,064 $62,066 $592 $61,474
2019 $178 $4,076 $0 $0
2018 $178 $4,076 $0 $0
2017 $178 $4,076 $0 $0
2016 $176 $4,076 $0 $0
2015 $176 $3,672 $0 $0
2014 $328 $3,672 $0 $0
2013 $156 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 673110

Des Moines Area Association of REALTORS®

APN: 0133277006