$185,000
SOLD DEC 1, 2025

325 E Main St Washington, IA 52353

5 Beds
4 Baths
3,199 Sq Ft
10,062 Sq Ft Lot

Recently Sold

$58 Per Sq Ft

8% Below List Price

60 Days on Market

Highlights

  • 2 Fireplaces
  • Property is near schools
  • Forced Air Heating and Cooling System
  • Living Room

About This Home

As of December 2025

Fully rented triplex close to downtown featuring a new roof (2021), two furnaces (2019), and freshly repainted exterior. The upstairs 3-bedroom unit renting for $1,050 has been updated with a new kitchen, LVP flooring throughout, and in-unit laundry. The two main-level units rent for $825, and $625.

Last Agent to Sell the Property

Mike Pilarczyk

Real Broker LLC Listed on: 10/02/2025

Co-Listed By

Thuy Nguyen

Real Broker LLC

Last Buyer's Agent

Hayley Hershberger

KALONA REALTY, INC.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1896

Lot Details

  • Lot Dimensions are 72 x 140

Parking

  • 3 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 3,199 Sq Ft Home
  • 2 Fireplaces
  • Living Room
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Location

  • Property is near schools
  • Property is near shops

Schools

  • Washington Elementary And Middle School
  • Washington High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 11-17-411-004

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $1,500
  • Fuel Expense $2,358
  • Insurance Expense $2,648
  • Water Sewer Expense $3,300
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: Fully rented triplex close to downtown featuring a new roof (2021), two furnaces (2019), and freshly repainted exterior. The upstairs 3-bedroom unit renting for $1,050 has been updated with a new kitchen, LVP flooring throughout, and in-unit laundry. The two main-level units rent for $825, and $625.
  • Year Built: 1896
  • Rental Permit: Yes
  • Water Annually: 3300
  • Directions: From downtown E on Main Street, property is on corner of E Main & S 4th Ave.
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Close to School, Close to Shopping
  • Basement Remarks: Unfinished, See Remarks
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Dryer, Microwave, Washer
  • Sq Ft Above: 3199
  • Number of Fireplaces: 2

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 3 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Electric Annually: 1500
  • Gas Annually: 2358
  • Heating Cooling: Electric, Gas, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

  • High School: Washington
  • Jr Middle School: Washington
  • Elementary School: Washington

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 72 x 140
  • Zoning: Res 3+

Tax Info

  • Assessor Parcel Number: 11-17-411-004

Multi Family

  • Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2025
Closed on
Nov 30, 2025
Sold by
Craig Hunter C and Craig Megan
Bought by
Jmm Rentals Llc
Seller's Agent
Mike Pilarczyk
Real Broker LLC
Buyer's Agent
Hayley Hershberger
KALONA REALTY, INC.
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%
Views
115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.98%
Original Mortgage
$185,000
Outstanding Balance
$185,000
Interest Rate
6.19%
Mortgage Type
New Conventional
Estimated Equity
$3,608

Purchase Details

Listed on
Jun 14, 2022
Closed on
Aug 1, 2022
Sold by
Voss Daniel M and Widmer Beth
Bought by
Craig Hunter C
Seller's Agent
Patty Elliott
Century 21 Trinity
Buyer's Agent
Patty Elliott
Century 21 Trinity
List Price
$140,000
Sold Price
$126,000
Premium/Discount to List
-$14,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.23%
Original Mortgage
$113,400
Interest Rate
5.81%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $185,000 None Listed On Document
Warranty Deed $126,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $185,000 New Conventional
Previous Owner $113,400 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2025 12/01/25 Sold $185,000 -7.5% $58 / Sq Ft
10/02/2025 10/02/25 For Sale $200,000 +58.7% $63 / Sq Ft
08/11/2022 08/11/22 Price Changed $126,000 0.0% $84 / Sq Ft
08/02/2022 08/02/22 Sold $126,000 -10.0% $84 / Sq Ft View Prior Sale
07/21/2022 07/21/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $140,000 -- $94 / Sq Ft
Source: Iowa City 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
2025 $2,708 $138,500 $24,200 $114,300
2024 $2,708 $127,800 $24,200 $103,600
2023 $3,406 $127,800 $24,200 $103,600
2022 $3,882 $141,300 $24,200 $117,100
2021 $3,882 $141,300 $24,200 $117,100
2020 $3,816 $126,800 $24,200 $102,600
2019 $3,670 $116,300 $0 $0
2018 $3,772 $114,800 $0 $0
2017 $3,772 $112,600 $0 $0
2016 $3,992 $112,500 $0 $0
2015 $3,992 $94,600 $0 $0
2014 $3,412 $94,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202506156

Iowa City Area Association of REALTORS®

APN: 11-17-411-004