NOT LISTED FOR SALE

315 W 4th St S Newton, IA 50208

Estimated Value: $95,542 - $187,000

-- Bed
3 Baths
2,402 Sq Ft
$52/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $90,000 $37 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $784/month

7 Days on Market

Highlights

  • 3 Kitchens
  • Laundry Room
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of March 2024

This multi unit investment property boasts three, 2 bedroom 1 bath apartments. Monthly income is $1,475 not including income from the coin laundry machines. Ideally located within walking distance of shopping, entertainment, parks, and more.

Last Agent to Sell the Property

Seth Walker

RE/MAX Concepts Listed on: 01/22/2024

RE/MAX Concepts

Last Buyer's Agent

Tony Berry

RE/MAX Concepts

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,236

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Interior Spaces

  • 3 Full Bathrooms
  • 2,402 Sq Ft Home
  • 2-Story Property
  • 3 Kitchens
  • Laundry Room
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0834159004

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $1,475

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,236

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 39.55
  • Sp Amt Sq Ft: 37.47
  • Termite: Follow Showing Instructions
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 3
  • Stoves Total: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Second Floor Full Bathrooms: 3
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 781
  • Kitchens: 3
  • Laundry: Yes
  • Living Area Sq Ft: 2402
  • Total Sq Ft: 2402

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Schools

  • School District: Newton

Lot Info

  • Acres: 0.2000
  • Lot S F: 8712
  • Lot Size: 66X132
  • Assessor Parcel Number: 0834159004
  • Zoning: R

Rental Info

  • Deposit: No
  • Furnished: No
  • Landlord Tenant Utilities: Electric Landlord, Gas Landlord, Water Landlord

Tax Info

  • Gross Taxes: 1236.00
  • Net Taxes: 1236.00

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Newton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Mar 21, 2024
Sold by
Keynetic Homes Llc
Bought by
Berry Tony
Seller's Agent
Seth Walker
RE/MAX Concepts
Buyer's Agent
Tony Berry
RE/MAX Concepts
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%
Views
18
Current Estimated Value
$124,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,136
Avg. Annual Appreciation
7.01%
Original Mortgage
$67,500
Outstanding Balance
$66,801
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$31,556

Purchase Details

Closed on
Dec 27, 2011
Sold by
Bank Lowa
Bought by
Nehring Carey T and Nehring Janine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,250
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2011
Sold by
Newrealty Llc
Bought by
Bank Iowa

Purchase Details

Closed on
Aug 6, 2009
Sold by
Halferty Kendra D and Halferty Alan R
Bought by
Newrealty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
5.28%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 2, 2008
Sold by
States Resources Corp
Bought by
Halferty Kendra D
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
Berry Tony $90,000 None Listed On Document
Nehring Carey T $23,500 United Land Title Co
Bank Iowa -- United Land Title Co
Newrealty Llc -- None Available
Halferty Kendra D $37,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berry Tony $67,500
Previous Owner Nehring Carey T $13,250
Previous Owner Newrealty Llc $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $90,000 -5.3% $37 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $95,000 -- $40 / 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 $1,192 $63,300 $23,100 $40,200
2023 $1,192 $63,300 $23,100 $40,200
2022 $1,230 $55,650 $23,100 $32,550
2021 $844 $46,980 $23,100 $23,880
2020 $844 $30,070 $10,490 $19,580
2019 $990 $31,100 $0 $0
2018 $990 $31,100 $0 $0
2017 $1,090 $31,100 $0 $0
2016 $1,090 $31,100 $0 $0
2015 $1,138 $31,100 $0 $0
2014 $1,140 $31,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 688077

Des Moines Area Association of REALTORS®

APN: 08-34-159-004