Seller's Agent in 2025
Garrick Olerud
NextHome Prime Real Estate
(608) 632-1043
740 Total Sales
271 Main St NW New Albin, IA 52160
--
Bed
--
Bath
5,000
Sq Ft
9,148
Sq Ft Lot
About This Home
As of August 2025Great investment opportunity in the heart of New Albin! With the only public laundromat in town, this property offers onsite laundry for the tenants as well as additional income potential from the local community. This well-maintained 5-plex features four 2-bedroom, 1-bath units and one spacious 3-bedroom, 1-bath unit, offering solid rental income potential. Each unit provides comfortable living spaces with functional layouts, and the property has a strong rental history. Whether you're looking to expand your portfolio or start investing, this multi-family property is a smart choice with room for continued growth. Current rental income of $3,300/month.
Last Agent to Sell the Property
NextHome Prime Real Estate License #58612-90 Listed on: 06/03/2025
Last Buyer's Agent
NextHome Prime Real Estate License #58612-90 Listed on: 06/03/2025
Property Details
Home Type
- Multi-Family
Lot Details
- 9,148 Sq Ft Lot
Home Design
- 5,000 Sq Ft Home
- Vinyl Siding
- Stucco Exterior
Listing and Financial Details
- Tenant pays for sewer, water, electricity, heat, gas
- Assessor Parcel Number 0311127002
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
Jun 3, 2025
Closed on
Aug 22, 2025
Sold by
Bought by
Seller's Agent
Garrick Olerud
NextHome Prime Real Estate
Buyer's Agent
Garrick Olerud
NextHome Prime Real Estate
List Price
$330,000
Sold Price
$300,000
Premium/Discount to List
-$30,000
-9.09%
Views
22
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,207
Interest Rate
0.0592%
Mortgage Type
Credit Line Revolving
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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 |
|---|---|---|---|
| $300,000 | None Listed On Document |
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 | $134,207 | ||
| Previous Owner | $50,000 | ||
| Previous Owner | $220,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 08/22/2025 08/22/25 | Sold | $300,000 | -9.1% | $60 / Sq Ft | |
| 06/03/2025 06/03/25 | For Sale | $330,000 | +20.0% | $66 / Sq Ft | |
| 11/08/2023 11/08/23 | Sold | $275,000 | 0.0% | $48 / Sq Ft | View Prior Sale |
| 09/15/2023 09/15/23 | Pending | -- | -- | -- | |
| 05/26/2023 05/26/23 | For Sale | $274,900 | -- | $48 / Sq Ft |
Source: Metro MLS
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 | $3,794 | $258,800 | $9,300 | $249,500 |
| 2024 | $3,794 | $232,100 | $9,300 | $222,800 |
| 2023 | $3,668 | $232,100 | $9,300 | $222,800 |
| 2022 | $2,830 | $124,300 | $9,300 | $115,000 |
| 2021 | $2,760 | $124,300 | $9,300 | $115,000 |
| 2020 | $2,760 | $118,900 | $9,300 | $109,600 |
| 2019 | $2,674 | $118,900 | $0 | $0 |
| 2018 | $3,352 | $119,900 | $0 | $0 |
| 2017 | $3,352 | $119,900 | $0 | $0 |
| 2016 | $3,784 | $119,900 | $0 | $0 |
| 2015 | $3,784 | $119,900 | $0 | $0 |
| 2014 | $4,152 | $119,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Garrick Olerud
-
Bruce Kilmer
Seller's Agent in 2023
Bruce Kilmer
Coldwell Banker River Valley, REALTORS
(608) 778-1336
46 Total Sales
-
N
Buyer's Agent in 2023
NON MLS-LAC
NON MLS
Map
Source: Metro MLS
MLS Number: 1920544
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