NOT LISTED FOR SALE

315 Main St Middletown, IA 52638

Estimated Value: $84,000 - $91,000

2 Beds
5 Baths
2,080 Sq Ft
$42/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $79,900 $38 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $568/month

4 Days on Market

About This Home

As of February 2023

GREAT INCOME PROPERTY! This tri-plex has just been spiffed up with new vinyl siding and is ready for new owners! The 1st unit is a 2 bedroom apartment on the main floor with laundry hookups. 2nd unit is an efficiency apartment on the main level. 3rd unit is a 3 bedroom apartment on the 2nd floor with laundry hookups. Two of the units have recently been completely refreshed! Building rents for $1,390/month or $16,680/annually.

Last Agent to Sell the Property

Amber Mason

Century 21/Property Profession Listed on: 01/26/2023

Century 21/Property Profession

Last Buyer's Agent

Amber Mason

Century 21/Property Profession Listed on: 01/26/2023

Century 21/Property Profession

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $804

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Triplex
  • Vinyl Siding

Interior Spaces

  • 2,080 Sq Ft Home
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Community Details

Overview

  • 3 Units

Building Details

  • Trash Expense $432
  • Gross Income $16,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$804

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Accessible: None
  • Legal Description: 25-70-4 SW COR SW SE
  • Municipality: Middletown
  • Year Built: 1900
  • Stories: 2 Stories
  • OFFICELIST_ADDRESS: 315 Main Street
  • Distribute To Internet: Yes
  • List Office I D: 838
  • Sales Office I D: 838
  • Selling Agent: 3544
  • Street Designation: Street
  • Building Style: Triplex
  • Unit 1 Bathrooms Three Quarter: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Living Room Level: Main
  • Unit 2 Air Conditioning: Window
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Total Bathrooms: 1
  • Unit 2 Bedrooms: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Basement: Crawl Space
  • Price Per S Q F T: 38.41
  • Above Grade Finished Sq Ft: 2080
  • Fireplace: No
  • Total Finished Sq Ft: 2080

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Fuel: Electric, Natural Gas

Utilities

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

Association/Amenities

  • Complex/Development/Subdivision: MIDDLETOWN

Fee Information

  • Annual Expense: 1332
  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Lot Info

  • Acres: 0.13
  • Geo Update Timestamp: 2023-01-26
  • Total Assessed Value: 37500
  • Assessment Pending: Unknown
  • Homestead Description: None
  • Lot Dimensions: .13
  • Lot Size Sq Ft: 5662.8
  • Lot Size Units: Acres

Multi Family

  • Expense Trash: 432
  • Expense Water Sewer: 900
  • Total Units: 3

Tax Info

  • Tax Year: 2021
  • Gross Taxes: 804

MLS Schools

  • School District: 1602 - Danville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Feb 11, 2023
Sold by
Crj Llc
Bought by
Holaday Properties Llc
Seller's Agent
Amber Mason
Century 21/Property Profession
Buyer's Agent
Amber Mason
Century 21/Property Profession
List Price
$79,900
Sold Price
$79,900
Total Days on Market
4
Views
27
Current Estimated Value
$87,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,453
Avg. Annual Appreciation
4.23%

Purchase Details

Closed on
Jul 26, 2012
Sold by
Gerdner Richard P and Gerdner Edna M
Bought by
Jones Ryan J and Jones Caroline L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Holaday Properties Llc $80,000 --
Jones Ryan J $12,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crj Llc $75,000
Previous Owner Jones Ryan J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2023 02/13/23 Sold $79,900 0.0% $38 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $79,900 -- $38 / Sq Ft
Source: NoCoast MLS

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 $1,102 $80,000 $4,500 $75,500
2023 $602 $80,000 $4,500 $75,500
2022 $804 $37,500 $4,500 $33,000
2021 $804 $37,500 $4,500 $33,000
2020 $972 $37,500 $4,500 $33,000
2019 $1,052 $37,500 $0 $0
2018 $1,940 $37,500 $4,500 $33,000
2017 $858 $27,500 $0 $0
2016 $896 $27,500 $0 $0
2015 $896 $27,500 $0 $0
2014 $910 $28,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6305335

NoCoast MLS

APN: 09-25-451-002