Seller's Agent in 2022
Chris Amos
Rubey Realty
(712) 623-5041
117 in this area
148 Total Sales
301 2nd Ave Red Oak, IA 51566
Estimated Value: $117,000 - $179,000
6
Beds
3
Baths
2,632
Sq Ft
$56/Sq Ft
Est. Value
About This Home
As of February 2022301 2nd Ave Red Oak is a multi-unit building with 3 apartments. There are 2 apartments on the lower level and 1 apartment upstairs. All units have separate AC, furnace, hot water heater and metered for own water, electric and gas. There is common area coin-operated laundry on the main level for all units. Unit one on the main level (south) is 1-bedroom, 1-bath. Unit two on the main level (north) is 2-bedroom, 1-bath. The upper unit is 3-bedrooms, 1-bath with vaulted ceilings and a deck. The upper unit can be entered from inside the building or the steps on the outside. All units are very clean with nice layout and lots of storage areas. The owner pays garbage for all units, maintains heat and air conditioning for the common areas and is responsible for yard upkeep and snow removal. The building had new roof in 2015 and has maintenance free vinyl siding. All units are SIRHA approved and passed Red Oak Rental Code inspection in 2018. This is a great opportunity for any investor.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,300
Year Built
- Built in 1900
Lot Details
- 7,200 Sq Ft Lot
- Lot Dimensions are 60x120
Home Design
- Triplex
- Vinyl Siding
Interior Spaces
- 2,632 Sq Ft Home
- Partial Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- Gravel Driveway
- Shared Driveway
Utilities
- Forced Air Heating System
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $456
- Fuel Expense $276
- Insurance Expense $625
- Trash Expense $300
- Gross Income $18,480
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/22/2022 02/22/22 | Sold | $118,000 | -9.2% | $45 / Sq Ft | |
| 01/10/2022 01/10/22 | Pending | -- | -- | -- | |
| 11/30/2021 11/30/21 | For Sale | $130,000 | +19.3% | $49 / Sq Ft | |
| 12/15/2020 12/15/20 | Sold | $109,000 | -8.0% | $41 / Sq Ft | View Prior Sale |
| 10/23/2020 10/23/20 | Pending | -- | -- | -- | |
| 10/22/2020 10/22/20 | For Sale | $118,500 | -- | $45 / Sq Ft |
Source: NoCoast MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $2,680 | $156,220 | $4,500 | $151,720 |
| 2024 | $2,680 | $114,180 | $4,500 | $109,680 |
| 2023 | $1,946 | $114,180 | $4,500 | $109,680 |
| 2022 | $2,154 | $72,150 | $4,500 | $67,650 |
| 2021 | $2,300 | $72,150 | $4,500 | $67,650 |
| 2020 | $2,300 | $72,150 | $4,500 | $67,650 |
| 2019 | $2,502 | $72,150 | $4,500 | $67,650 |
| 2018 | $2,586 | $72,150 | $0 | $0 |
| 2017 | $2,586 | $72,150 | $0 | $0 |
| 2015 | $3,150 | $84,880 | $0 | $0 |
| 2014 | $3,394 | $73,810 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Amos
Map
Source: NoCoast MLS
MLS Number: NOC6131899
APN: 600-62-94-400110-00
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