NOT LISTED FOR SALE

240 E 5th St S Unit 250 Newton, IA 50208

Estimated Value: $197,000 - $239,559

-- Bed
2 Baths
1,680 Sq Ft
$131/Sq Ft Est. Value

Last Sold November 03, 2022

Last sale price $180,000 $107 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,569/month

6 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Forced Air Heating and Cooling System
  • Ranch Style House

About This Home

As of November 2022

Great duplex investment opportunity! Live in one place and rent out the other, or use both
sides as rental properties. Each unit having 840 sq ft of liv area, a full basement, 2 bedrooms, 1 bath, a
deck and a 1-car attached garage. Close to many amenities.

Last Listed By

Gary Johnson

Ellen Fitzpatrick Real Estate Listed on: 10/15/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,314

Year Built

  • Built in 1979

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 132x66

Home Design

  • 1,680 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof

Kitchen

  • 2 Kitchens
  • Stove

Parking

  • 1 Car Attached Garage
  • Driveway

Additional Features

  • 2 Full Bathrooms
  • Forced Air Heating and Cooling System
  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0834251019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,314

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 118.45
  • Sp Amt Sq Ft: 107.14
  • Termite: Call Listing Agent
  • Unit: 250
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1680
  • Kitchens: 2
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 1680
  • Total Sq Ft: 1680

Exterior Features

  • Exterior: See Remarks
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Attached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Newton

Lot Info

  • Acres: 0.2000
  • Lot S F: 8712
  • Lot Shape: Regular
  • Lot Size: 132X66
  • Assessor Parcel Number: 0834251019
  • Zoning: Res

Tax Info

  • Gross Taxes: 3314.00
  • Net Taxes: 3314.00

MLS Schools

  • School District: Newton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2022
Closed on
Nov 3, 2022
Sold by
Pjc Family Trust
Bought by
Jeffrey Paul Homes Llc
Seller's Agent
Gary Johnson
Ellen Fitzpatrick Real Estate
Buyer's Agent
Jeff Davis
Goodall Properties LLC
List Price
$199,000
Sold Price
$180,000
Premium/Discount to List
-$19,000
-9.55%
Total Days on Market
6
Views
3
Current Estimated Value
$219,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,390
Avg. Annual Appreciation
16.67%
Original Mortgage
$0
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2021
Sold by
Childers Phylis J
Bought by
Childers Phyllis J and Pjc Family Trust

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
Jeffrey Paul Homes Llc $180,000 --
Childers Phyllis J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jeffrey Paul Homes Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2022 11/03/22 Sold $180,000 -9.5% $107 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
10/15/2022 10/15/22 For Sale $199,000 -- $118 / 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 $4,218 $223,880 $32,800 $191,080
2023 $4,218 $223,880 $32,800 $191,080
2022 $3,314 $162,610 $32,800 $129,810
2021 $3,010 $148,990 $32,800 $116,190
2020 $3,010 $128,300 $20,900 $107,400
2019 $2,678 $110,890 $0 $0
2018 $2,678 $110,890 $0 $0
2017 $2,680 $110,890 $0 $0
2016 $2,680 $110,890 $0 $0
2015 $2,616 $110,890 $0 $0
2014 $2,516 $110,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 662135

Des Moines Area Association of REALTORS®

APN: 08-34-251-019