NOT LISTED FOR SALE

317 Central Ave SW Unit 315-317 Le Mars, IA 51031

Estimated Value: $198,000 - $231,069

6 Beds
5 Baths
3,168 Sq Ft
$68/Sq Ft Est. Value

Last Sold October 22, 2018

Last sale price $149,500 $47 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,344/month

12 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of October 2018

Great investment opportunity in Le Mars. This property is a duplex split down the middle with a shared two stall garage. Each unit has 3 bedrooms, 1 full bath, a 1/2 bath and a 1/4 bath. One of the units does has some finish in the basement. Each unit is occupied with a tenant currently. 24 hr noticed required before showings.

Last Agent to Sell the Property

Jim Gergeni

Century 21 ProLink - Le Mars Listed on: 09/11/2018

Century 21 ProLink - Le Mars

Last Buyer's Agent

Kylie Petty

Century 21 ProLink - Le Mars

Century 21 ProLink - Le Mars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,130

Year Built

  • Built in 1910

Lot Details

  • 4,800 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 3,168 Sq Ft Home

Schools

  • Lemars Elementary And Middle School
  • Lemars High School

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 12-16-178-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,130

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Property Features: Level Lot
  • Legal Description: Lots 8 & 9 Blk 42 Le Mars
  • Year Built: 1910
  • School Middle Junior: LeMars
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3168
  • Main Level Sq Ft: 1584
  • Sq Ft 2nd Level: 1584
  • Price Per Sq Ft: 47.19

Garage/Parking

  • Garage Type: Detached
  • Internet: Yes
  • Garage Spaces: 2

Utilities

  • Air Conditioning Type: Central
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Type: City

Schools

  • Elementary School: LeMars
  • Middle School: LeMars
  • High School: LeMars

Lot Info

  • Acres: 0.11
  • Lot Sq Ft: 4800
  • Parcel Number: 12-16-178-016

Rental Info

  • Paid By Electric: Tenant
  • Paid By Gas: Tenant
  • Paid By Water: Tenant

Tax Info

  • Year: 2017
  • Gross Taxes: 2130
  • Tax Database Id: 1
  • Assessor Parcel Number: 19149-1216178016

Multi Family

  • Rental Income: 1100
  • Electric Separate By Unit: Yes
  • Heat Separate By Unit: Yes
  • Number Of Units: 2
  • Water Separate By Unit: Yes

MLS Schools

  • School Elementary: LeMars
  • School High: LeMars

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2018
Closed on
Oct 22, 2018
Sold by
Bomgaars Mary K and Bomgarrs William J
Bought by
Schultz Tyler J
Seller's Agent
Jim Gergeni
Century 21 ProLink - Le Mars
Buyer's Agent
Kylie Petty
Century 21 ProLink - Le Mars
List Price
$175,000
Sold Price
$149,500
Premium/Discount to List
-$25,500
-14.57%
Current Estimated Value
$215,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,767
Avg. Annual Appreciation
4.79%
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
Schultz Tyler J $75,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2018 10/22/18 Sold $149,500 -14.6% $47 / Sq Ft
09/23/2018 09/23/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $175,000 -- $55 / Sq Ft
Source: Northwest Iowa Regional Board 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 $2,440 $206,260 $18,360 $187,900
2023 $2,268 $190,750 $12,240 $178,510
2022 $2,246 $153,320 $12,240 $141,080
2021 $2,176 $153,320 $12,240 $141,080
2020 $2,176 $141,450 $12,240 $129,210
2019 -- $141,450 $12,240 $129,210
2018 -- $130,390 $12,240 $118,150
2017 -- $129,630 $0 $0
2016 -- $129,630 $0 $0
2015 -- $117,830 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 802527

Northwest Iowa Regional Board of REALTORS®

APN: 12-16-178-016