NOT LISTED FOR SALE

311 E Railroad St Wayland, IA 52654

9 Beds
4 Baths
4,960 Sq Ft
10,454 Sq Ft Lot

Last Sold March 01, 2024

Last sale price $250,100 $50 Per Sq Ft

123 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating System
  • Baseboard Heating

About This Home

As of March 2024

Clean, easily maintained 4-Plex investment property. Good cash flow. 3 Units are 3 bedroom, 1 bath. 1 Unit is 2 bedroom, 1 bath.

Last Agent to Sell the Property

June Lowenberg

Miller Realty Listed on: 10/07/2023

Last Buyer's Agent

June Lowenberg

Miller Realty Listed on: 10/07/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,198

Year Built

  • Built in 1975

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 87x120

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 4,960 Sq Ft Home
  • 1-Story Property

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,600
  • Maintenance Expense $850
  • Gross Income $34,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,198

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Accessible: None
  • Legal Description: WAYLAND LAND CO LT 8 & W26.62' LT 7
  • Municipality: Wayland
  • Year Built: 1975
  • Stories: 1 Story
  • OFFICELIST_ADDRESS: 311 E Railroad Street
  • Distribute To Internet: Yes
  • List Office I D: 864
  • Sales Office I D: 864
  • Selling Agent: 2771
  • Street Designation: Street
  • Building Style: Apartment
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Month Rent: 925
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Bedrooms: 3
  • Unit 2 Month Rent: 600
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Bedrooms: 2
  • Unit 3 Month Rent: 725
  • Unit 4 Bathrooms Full: 1
  • Unit 4 Bedrooms: 3
  • Unit 4 Month Rent: 600
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Basement: Slab
  • Price Per S Q F T: 50.42
  • Above Grade Finished Sq Ft: 4960
  • Fireplace: No
  • Total Finished Sq Ft: 4960

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Fuel: Electric, Natural Gas

Utilities

  • Heating: Forced Air, Baseboard
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Fee Information

  • Expense Repair: 850
  • Annual Expense: 1884
  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Lot Info

  • Acres: 0.24
  • Geo Update Timestamp: 2023-10-07
  • Total Assessed Value: 107630
  • Assessment Pending: No
  • Homestead Description: None
  • Lot Dimensions: 87X120
  • Lot Size Sq Ft: 10454.4
  • Lot Size Units: Acres

Multi Family

  • Expense Insurance: 1600
  • Expense Maintenance: 850
  • Expenses: 157
  • Total Units: 4

Tax Info

  • Tax Year: 2021
  • Gross Taxes: 2198
  • Net Taxes: 1884

MLS Schools

  • School District: 6700 - Waco

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
03/01/2024 03/01/24 Sold $250,100 -1.9% $50 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
10/07/2023 10/07/23 For Sale $255,000 -- $51 / Sq Ft
Source: NoCoast MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • June Lowenberg

    Seller's Agent in 2024

    June Lowenberg

    Miller Realty

    (641) 233-8939

    129 Total Sales

    June Lowenberg
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Map

Source: NoCoast MLS

MLS Number: NOC6312107

NoCoast MLS

Iowa Henry County Wayland 52654

311 E Railroad St, Wayland, IA

This home is located at 311 E Railroad St, Wayland, IA 52654 since 07 October 2023. This property was built in 1975. 311 E Railroad St is a home located in Henry County with nearby schools including WACO Elementary School and WACO 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.

NoCoast MLS 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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