NOT LISTED FOR SALE

305 NE 2nd St Grimes, IA 50111

Estimated Value: $225,000 - $283,493

-- Bed
2 Baths
1,276 Sq Ft
$206/Sq Ft Est. Value

Last Sold July 10, 2019

Last sale price $175,000 $137 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,870/month

54 Days on Market

Highlights

  • No HOA
  • Dallas Center - Grimes High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of July 2019

Two unit split foyer duplex rental property on a dead end street in Grimes. Each unit features 2br/1 ba. Fully occupied. Off street parking lot/spaces behind unit. Seller requires purchase to be combined with 4 unit townhouse property next door under listing #582904. Opportunity to view both properties will be Thursday 5/23 from 3-5PM. No individual showings available.

Last Agent to Sell the Property

Brenda Garrison

Realty ONE Group Impact Listed on: 05/17/2019

Realty ONE Group Impact

Last Buyer's Agent

John Brummett

RE/MAX Precision

RE/MAX Precision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,888

Lot Details

  • 0.27

Home Design

  • 1,276 Sq Ft Home
  • Split Foyer
  • Asphalt Shingled Roof
  • Vinyl Siding

Additional Features

  • 2 Full Bathrooms
  • 0.27 Acre Lot
  • Forced Air Heating and Cooling System
  • Finished Basement

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 311/00207-005-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,888

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Split Foyer
  • Lp Amt Sq Ft: 148.90
  • Sp Amt Sq Ft: 137.15
  • Termite: Call Listing Agent
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Basement Description: Finished
  • Sq Ft Bsmt: 1232
  • Sq Ft Fin Bsmt: 1232
  • Living Area Sq Ft: 1276
  • Total Sq Ft: 1276

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Dallas Center-Grimes

Lot Info

  • Acres: 0.2660
  • Assessor Parcel Number: 311/00207-005-001
  • Zoning: R-3

Rental Info

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

Tax Info

  • Gross Taxes: 3888.00
  • Net Taxes: 3888.00
  • Tax Year: 2018

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Dallas Center-Grimes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Jul 9, 2019
Sold by
Liker Nicholas and Liker Sara
Bought by
Grimm Osborn L and Grimm Shannon D
Seller's Agent
Brenda Garrison
Realty ONE Group Impact
Buyer's Agent
John Brummett
RE/MAX Precision
List Price
$190,000
Sold Price
$175,000
Premium/Discount to List
-$15,000
-7.89%
Current Estimated Value
$263,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,123
Avg. Annual Appreciation
8.61%

Purchase Details

Closed on
Sep 27, 2017
Sold by
Peggs Gary L and Peggs Nancy J
Bought by
Liker Nicholas and Liker Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,750
Interest Rate
3.89%
Mortgage Type
New Conventional
Source: Public Records

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
Grimm Osborn L $175,000 None Available
Liker Nicholas $149,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liker Nicholas $111,750
Previous Owner Peggs Gary L $124,500
Previous Owner Peggs Gary L $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2019 07/10/19 Sold $175,000 -7.9% $137 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $190,000 -- $149 / 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 $4,848 $259,300 $49,200 $210,100
2023 $4,366 $259,300 $49,200 $210,100
2022 $4,396 $198,900 $39,400 $159,500
2021 $3,990 $198,900 $39,400 $159,500
2020 $3,928 $174,700 $34,500 $140,200
2019 $3,676 $174,700 $34,500 $140,200
2018 $4,220 $153,300 $29,900 $123,400
2017 $3,952 $170,300 $29,900 $140,400
2016 $3,790 $155,700 $26,900 $128,800
2015 $3,790 $155,700 $26,900 $128,800
2014 $3,618 $156,300 $26,200 $130,100
Source: Public Records

Agents Affiliated with this Home

  • Brenda Garrison

    Seller's Agent in 2019

    Brenda Garrison

    Realty ONE Group Impact

    (515) 240-3238

    2 in this area

    70 Total Sales

    Brenda Garrison
    Section Image
  • John Brummett

    Buyer's Agent in 2019

    John Brummett

    RE/MAX

    (515) 778-7733

    4 in this area

    183 Total Sales

    John Brummett
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 582905

Des Moines Area Association of REALTORS®

APN: 311-00207005001

Iowa Polk County Grimes 50111

305 NE 2nd St, Grimes, IA

This home is located at 305 NE 2nd St, Grimes, IA 50111 since 17 May 2019 and is currently estimated at $263,123, approximately $206 per square foot. 305 NE 2nd St is a home located in Polk County with nearby schools including Heritage Elementary School, Dallas Center-Grimes Middle School, and Dallas Center - Grimes High School.

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.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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