Seller's Agent in 2022
Adam Doughan
Real Broker, LLC
(712) 441-6097
262 Total Sales
255 5th St NE Primghar, IA 51245
11
Beds
10
Baths
6,699
Sq Ft
0.8
Acre Lot
Highlights
- Landscaped with Trees
- Coin Laundry
- Level Lot
- Baseboard Heating
About This Home
As of May 202210-Unit Property. Ranch Style. Great Investment Opportunity. This 10-unit complex is a great opportunity. All ten units are approximately the same size, with about 600 square feet each. The layout of each unit is also very similar… Living: 16x11, Carpet, Entry Closet (Houses Water Heater) Kitchen: 8x7, LVP or Vinyl, Laminate Countertops Dining: 9x9, Carpet, Light Fixture, includes Fridge & Stove Bedroom 1: 12x12, Carpet, Double Closet, Ceiling Fan Bedroom 2: 12×11, Carpet, Closet Full Bathroom: 7×8, LVP or Vinyl, Tub/Shower, Vent, Linen Closet Unit 2 is a two-bedroom unit. Common Room in Building 1: could be turned into Unit 11. 21x19. Plumbed for a sink. Includes 3/4 Bath (8x6) There is a separate shared laundry space in the building 1 that contains a coin-operated washer/dryer. These machines are leased with a company who maintains them and repairs them as well as collects the coins (lease is transferable). The tenants pay for their own electricity. Owner pays for Utilities: $170/mo (garbage, water/sewer, and common space electric) Insurance: $265/mo Taxes: $3644/yr Lawn/Snow Removal: $225/mo Rent Roll: $4350 (plus an additional $450/mo if the community room is turned into Unit 11) There are two different on-site parking pads available for the tenants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,644
Year Built
- Built in 1977
Lot Details
- 34,848 Sq Ft Lot
- Level Lot
- Landscaped with Trees
Parking
- Driveway
Home Design
- 6,699 Sq Ft Home
Utilities
- Window Unit Cooling System
- Baseboard Heating
Community Details
- 10 Units
- Coin Laundry
- Gross Income $4,350
Listing and Financial Details
- Assessor Parcel Number 0000199200
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2022
Closed on
May 31, 2022
Sold by
Bought by
Seller's Agent
Adam Doughan
Real Broker, LLC
Buyer's Agent
Other Other
Other
List Price
$470,000
Sold Price
$395,000
Premium/Discount to List
-$75,000
-15.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
0.051%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 29, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
0.031%
Mortgage Type
Future Advance Clause Open End Mortgage
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Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $395,000 | None Listed On Document | ||
| $110,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $145,000 | ||
| Closed | $316,000 | ||
| Previous Owner | $240,000 | ||
| Previous Owner | $82,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/31/2022 05/31/22 | Sold | $395,000 | -16.0% | $59 / Sq Ft |
| 03/14/2022 03/14/22 | For Sale | $470,000 | -- | $70 / Sq Ft |
Source: Northwest Iowa Regional Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,994 | $444,380 | $25,870 | $418,510 |
| 2024 | $5,994 | $395,390 | $25,870 | $369,520 |
| 2023 | $2,376 | $395,390 | $25,870 | $369,520 |
| 2022 | $2,540 | $126,490 | $12,420 | $114,070 |
| 2021 | $2,540 | $126,490 | $12,420 | $114,070 |
| 2020 | $3,840 | $168,820 | $12,420 | $156,400 |
| 2019 | $3,774 | $167,280 | $0 | $0 |
| 2018 | $3,890 | $167,280 | $0 | $0 |
| 2017 | $1,790 | $67,450 | $0 | $0 |
| 2016 | $2,200 | $67,450 | $0 | $0 |
| 2015 | $2,200 | $67,450 | $0 | $0 |
| 2014 | $2,454 | $67,450 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Doughan
-
Other Other
O
Buyer's Agent in 2022
Other Other
Other
(712) 255-8810
921 Total Sales
Map
Source: Northwest Iowa Regional Board of REALTORS®
MLS Number: 816461
APN: 0000199200
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.
Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.
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