NOT LISTED FOR SALE

232 1st St SW Mason City, IA 50401

Estimated Value: $90,000 - $126,000

4 Beds
2 Baths
-- Sq Ft
3,354 Sq Ft Lot

Last Sold March 01, 2021

Last sale price $80,000

Est. 34% increase in value since last sale

Current estimated payment $670/month

About This Home

As of March 2021

Nice side by side apartment unit, separate meters for utilities Close to downtown. This apartment has been well taken care of with several updates.

Last Agent to Sell the Property

Timothy Latham

HILDEBRAND REAL ESTATE License #S44162 Listed on: 01/21/2021

Last Buyer's Agent

Erin Runde

RUNDE REAL ESTATE & PROPERTY MANAGEMENT License #B57603

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $958

Year Built

  • Built in 1926

Lot Details

  • 3,354

Home Design

  • Duplex
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • Double Hung Windows
  • Stove

Additional Features

  • Lot Dimensions are 56x60
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, gas, heat, water, separate meters
  • The owner pays for separate meters
  • Assessor Parcel Number 070927600500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$958

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: MULTI-FAMILY
  • Condition: Good
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Windows: Double Hung
  • Kitchen Appliances: Refrigerator, Stove

Exterior Features

  • Construction: Frame
  • Foundation: Block, Stone
  • Roof: Asphalt

Utilities

  • Air Conditioner: Central
  • Flood Insurance: Not Required
  • Heat: Forced Air
  • Utilities Sewer: City
  • Water: City
  • Separate Electric: Yes
  • Separate Heat: Yes

Schools

  • School District: Mason City

Lot Info

  • Total Assessed Value: 48090
  • Estimated Lot Sq Ft: 56x60
  • Parcel Number: 070927600500
  • Zoning: RG/GENERAL RES

Rental Info

  • Annual Rent: 13200
  • Owner Pays: Separate Meters
  • Tenant Pays: Electric, Gas, Heat, Water, Separate Meters

Tax Info

  • Year: 2019
  • Taxes: 958

Multi Family

  • Multi Family Type: Duplex - Side / Side
  • Number Of Units: 2

MLS Schools

  • School District: Mason City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Feb 28, 2021
Sold by
Blanchard Peter L and Blanchard Amanda R
Bought by
Flaherty Shane M and Flaherty Ashley D
Seller's Agent
Timothy Latham
HILDEBRAND REAL ESTATE
Buyer's Agent
Erin Runde
RUNDE REAL ESTATE & PROPERTY MANAGEMENT
List Price
$84,000
Sold Price
$80,000
Premium/Discount to List
-$4,000
-4.76%
Current Estimated Value
$107,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,376
Avg. Annual Appreciation
6.52%
Original Mortgage
$97,037
Outstanding Balance
$86,987
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$20,389

Purchase Details

Closed on
Jun 10, 2014
Sold by
Blanchard Raymond L and Blanchard Mary T
Bought by
Blanchard Peter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
4.2%
Mortgage Type
New Conventional
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
Flaherty Shane M $80,000 None Available
Blanchard Peter L $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flaherty Shane M $97,037
Previous Owner Blanchard Peter L $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2021 03/01/21 Sold $80,000 -4.8% --
01/21/2021 01/21/21 For Sale $84,000 -- --
Source: Mason City Multiple Listing Service

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 $1,274 $79,550 $7,210 $72,340
2023 $1,306 $79,550 $7,210 $72,340
2022 $1,344 $65,930 $5,540 $60,390
2021 $1,042 $65,300 $5,540 $59,760
2020 $1,043 $48,090 $5,540 $42,550
2019 $942 $0 $0 $0
2018 $866 $0 $0 $0
2017 $888 $0 $0 $0
2016 $864 $0 $0 $0
2015 $864 $0 $0 $0
2014 $948 $0 $0 $0
2013 $912 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Timothy Latham

    Seller's Agent in 2021

    Timothy Latham

    HILDEBRAND REAL ESTATE

    (641) 425-0363

    172 Total Sales

    Timothy Latham
    Section Image

  • E

    Buyer's Agent in 2021

    Erin Runde

    RUNDE REAL ESTATE & PROPERTY MANAGEMENT

    Section Image
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Map

Source: Mason City Multiple Listing Service

MLS Number: 210031

Mason City Multiple Listing Service

APN: 07-09-276-00-500

Iowa Cerro Gordo County Mason City 50401

232 1st St SW, Mason City, IA

This home is located at 232 1st St SW, Mason City, IA 50401 since 21 January 2021 and is currently estimated at $107,376. This property was built in 1926. 232 1st St SW is a home located in Cerro Gordo County with nearby schools including Mason City High School, North Iowa Christian School, and Mason City Seventh Day Adventi.

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.

Mason City Multiple Listing Service 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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