NOT LISTED FOR SALE

303 & 307 E 16th St N Newton, IA 50208

-- Bed
8 Baths
7,000 Sq Ft
0.56 Acres

Last Sold December 26, 2018

Last sale price $208,000 $30 Per Sq Ft

22 Days on Market

Highlights

  • 8 Kitchens
  • No HOA
  • Forced Air Heating and Cooling System
  • 0.56 Acre Lot
  • Laundry Room

About This Home

As of December 2018

8 unit apartment complex with two, 2 story buildings. 4 units in each building. All are 2 bedroom, 1 bath units. Tenants pay electric and owner pays heat and water, although each unit has a separate furnace.
Units currently rent for $425.00 per month. 2 units are currently vacant and can be easily shown. Occupied units require 48 hour notice. There are coin-op laundrys in each building.
Concrete parking for 16 cars.

Last Agent to Sell the Property

Daniel Birkenholz

Birkenholz Real Estate Listed on: 11/29/2018

Last Buyer's Agent

Brad Lowe

Spire Real Estate

Spire Real Estate

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1966

Lot Details

  • 0.56 Acre Lot
  • Irregular Lot

Parking

  • Driveway

Home Design

  • 7,000 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash

Additional Features

  • 8 Kitchens
  • 8 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 0835127013

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Recreation

  • Snow Removal

Building Details

  • Gross Income $3,400

Property Details

Home Type

Apartment

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Apartment Style
  • Lp Amt Sq Ft: 22.86
  • Sp Amt Sq Ft: 29.71
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 8
  • Stoves Total: 8
  • Interior Amenities: 1st Flr Laundry, Smoke Detector
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Second Floor Full Bathrooms: 8
  • Basement Description: Slab
  • Kitchens: 8
  • Laundry: Yes
  • Living Area Sq Ft: 7000
  • Total Sq Ft: 7000

Exterior Features

  • Exterior: Brick
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Off Street Parking: yes

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Services: Exterior Maint./Bldg., Lawn Care, Snow Removal, Taxes, Trash Service

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.5600
  • Lot S F: 24394
  • Lot Shape: Irregular
  • Assessor Parcel Number: 0835127013
  • Zoning: R-2

Rental Info

  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Landlord, Taxes Owner, Water Owner

Tax Info

  • Gross Taxes: 7466.00
  • Net Taxes: 7466.00
  • Tax Year: 2017

Multi Family

  • Total Units: 8

MLS Schools

  • School District: Newton

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2018 12/26/18 Sold $208,000 +30.0% $30 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
11/29/2018 11/29/18 For Sale $160,000 -- $23 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Daniel Birkenholz

    Seller's Agent in 2018

    Daniel Birkenholz

    Birkenholz Real Estate

    (641) 521-6939

    22 in this area

    45 Total Sales

    Daniel Birkenholz
    Section Image
  • Brad Lowe

    Buyer's Agent in 2018

    Brad Lowe

    Spire Real Estate

    (515) 373-8331

    2 in this area

    31 Total Sales

    Brad Lowe
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 573391

Des Moines Area Association of REALTORS®
Iowa Jasper County Newton 50208

303 & 307 E 16th St N, Newton, IA

Not Listed for Sale

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