NOT LISTED FOR SALE

335 E Elder St Dike, IA 50624

Studio
-- Bath
3,300 Sq Ft
0.6 Acre Lot

Sale Details

Date Sold: September 1, 2023

Last sale price $480,000 $145 Per Sq Ft

105 Days on Market

About This Home

As of September 2023

Great income producing property. 2 units at $550.00 per month, 5 units at $650.00 per month and 1 unit at $750.00 per month. Tenants pay own electric and tenants are starting to go on shared water and gas usage system. Property has been weel maintained and some updated have been made. Definitely don't miss this opportunity to jump start your portfolio with this one!

Last Agent to Sell the Property

James Snider

Premier Farm Realty Group License #B67825000 Listed on: 04/06/2023

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,168

Year Built

  • Built in 1964

Lot Details

  • 26,010 Sq Ft Lot
  • Lot Dimensions are 153 x 170

Home Design

  • 3,300 Sq Ft Home
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Parking

  • 16 Open Parking Spaces
  • No Garage
  • Parking Available

Schools

  • Dike / New Hartford Elementary And Middle School
  • Dike / New Hartford High School

Additional Features

  • Laundry on main level
  • Central Air

Community Details

  • 8 Units
  • Water Sewer Expense $458

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 881505179008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,168

Year Built

Built in 1964

Lot Details

0.6 Acres

Listing Details

  • Parcel Number: 881505179008
  • Year Built: 1964
  • Property Sub-Type: Multi-Family 5+
  • PropertyType: Residential Income
  • ResoLaundryFeatures: 1st Floor
  • Co List Office Phone: 641-228-4262
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3300
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 16
  • Parking Features: Parking Area, None

Utilities

  • Cooling: Central Air
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 458

Schools

  • Elementary School: Dike / New Hartford
  • High School: Dike / New Hartford
  • Middle Or Junior School: Dike / New Hartford

Lot Info

  • Zoning: H-C 20
  • Lot Dimensions: 153 X 170
  • Lot Size Sq Ft: 26010

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: Month To Month

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 5168

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Aug 28, 2023
Sold by
Bought by
Seller's Agent
James Snider
Premier Farm Realty Group
List Price
$499,900
Sold Price
$480,000
Premium/Discount to List
-$19,900
-3.98%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$377,929
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2021
Closed on
Feb 15, 2021
Sold by
Bought by
Seller's Agent
Phillip Shirk
AWRE-Commercial & Development
List Price
$380,000
Sold Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%
Original Mortgage
$382,423
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,794
Interest Rate
4.14%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 31, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,250
Interest Rate
6.45%
Mortgage Type
Commercial
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$480,000 None Listed On Document
$380,000 --
$282,000 None Available
$205,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $390,000
Previous Owner $382,423
Previous Owner $382,423
Previous Owner $240,000
Previous Owner $281,794
Previous Owner --
Previous Owner $174,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2023 09/01/23 Sold $480,000 -4.0% $145 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $499,900 0.0% $151 / Sq Ft
07/11/2023 07/11/23 Price Changed $499,900 -2.0% $151 / Sq Ft
04/23/2023 04/23/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $510,000 +34.2% $155 / Sq Ft
02/16/2021 02/16/21 Sold $380,000 0.0% $115 / Sq Ft View Prior Sale
02/16/2021 02/16/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $380,000 +26.7% $115 / Sq Ft
10/01/2018 10/01/18 Sold $300,000 0.0% $91 / Sq Ft View Prior Sale
10/01/2018 10/01/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $300,000 -- $91 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,588 $404,850 $34,060 $370,790
2024 $6,588 $373,530 $34,060 $339,470
2023 $6,262 $373,530 $34,060 $339,470
2022 $5,168 $343,650 $31,630 $312,020
2021 $5,168 $241,400 $19,540 $221,860
2020 $4,782 $201,060 $19,540 $181,520
2019 $4,868 $201,060 $0 $0
2018 $4,916 $201,060 $0 $0
2017 $5,598 $201,060 $0 $0
2016 $5,598 $201,060 $0 $0
2015 $5,598 $201,060 $0 $0
2014 $5,970 $201,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20231226

Northeast Iowa Regional Board of REALTORS®
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