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

10,454 Sq Ft Lot

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
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Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $2,818 $176,110 $10,010 $166,100
2024 $2,694 $167,950 $10,010 $157,940
2023 $1,884 $167,950 $10,010 $157,940
2022 $2,198 $107,630 $6,260 $101,370
2021 $2,198 $107,630 $6,260 $101,370
2019 $2,502 $103,020 $0 $0
2018 $2,578 $103,020 $0 $0
2017 $2,578 $98,410 $0 $0
2016 $2,786 $98,410 $0 $0
2015 $2,786 $93,810 $0 $0
2014 $2,292 $93,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6312107

NoCoast MLS
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