NOT LISTED FOR SALE

310 Cedar St Story City, IA 50248

-- Bed
-- Bath
-- Sq Ft
2 Acres

Last Sold January 30, 2015

Last sale price $590,000

32 Days on Market

Highlights

  • 2 Acre Lot
  • Cooling System Mounted In Outer Wall Opening
  • 1-Story Property
  • Roland-Story Elementary School Rated A-
  • Property near a hospital
  • Carpet

About This Home

As of January 2015

7- 5 Plex Buildings located on 2.63 acres. The roof has been replaced on 4 buildings. Please note that unit #43 is still set up as an apartment, but is currently being used as a laundry room with 2 coin-op washers and 2 coin-op dryers.

Last Agent to Sell the Property

Denny Thompson

FURMAN REALTY License #S24968 Listed on: 10/22/2014

Co-Listed By

Dan Hunziker

Hunziker & Assoc.-Ames

Last Buyer's Agent

Chuck Winkleblack

Hunziker & Assoc.-Boone

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 2

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Flooring

  • Carpet
  • Vinyl

Location

  • Property near a hospital
  • Property is near schools

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 2 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 0112350470

Community Details

Overview

  • 35 Stoves,35 Refrig, 2Washers 2 Dryers Association

Building Details

  • Operating Expense $140,703
  • Gross Income $190,013
  • Net Operating Income $49,310

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Multi-Family
  • Lot Size Acres: 2.0
  • Lot Size: 114622
  • Co List Office Mls Id: HUNZIKER
  • Co List Office Phone: 515-233-4450
  • Directions: Hwy 69 north to 115 st or Broad St. East to market St. Turn right on South on 4th which turns into Larson st. turn left on cedar st.
  • Architectural Style: 1 Story
  • Garage Yn: No
  • Year Built: 1976
  • Water Heater:Electric2: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Floor:Carpet: Yes
  • Floor:Vinyl2: Yes
  • Exterior:Vinyl: Yes
  • Keywords:Architectural Style2: 1 Story
  • Foundation:Slab: Yes
  • Features:Cable TV: Yes
  • Features:Hospital: Yes
  • Annual Expenses: 140703.0
  • Income Expenses Net Income: 49310.0
  • Cooling:Wall Unit(s): Yes
  • Features:School: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet

Exterior Features

  • Construction Type: Vinyl
  • Foundation Details: Slab

Garage/Parking

  • Keywords:Garage Type3: None
  • Keywords:Parking Spaces2: 31 - 50 Spaces

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Name: 35 stoves,35 refrig, 2washers-2 dryers

Schools

  • Junior High Dist: Roland-Story

Lot Info

  • Lot Size Sq Ft: 87120.0
  • Parcel #: 0112350470
  • Zoning: R-3
  • ResoLotSizeUnits: Acres

Rental Info

  • Who Pays Trash: Landlord
  • Who Pays Water: Landlord

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 190013.0
  • Property Net Operating Income: 49310.0
  • Annual Operating Expense: 140703.0

Tax Info

  • Tax Annual Amount: 24176.0

Range of Values:

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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 Change Sq Ft Price
01/30/2015 01/30/15 Sold $590,000 -9.2% --
11/24/2014 11/24/14 Pending -- -- --
10/22/2014 10/22/14 For Sale $650,000 -- --
Source: Central Iowa Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 41185