NOT LISTED FOR SALE

406 E State St Jefferson, IA 50129

Estimated Value: $65,000 - $107,000

2 Beds
1 Bath
1,302 Sq Ft
$67/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $60,000 $46 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $539/month

197 Days on Market

About This Home

As of December 2021

Great Investment Opportunity. This property contains two separate dwellings with separate gas and electric meters. Downstairs is a two-bedrm space with many upgrades including new LVT flooring, carpet, paint, fixtures, plumbing, toilet and 100 Amp breaker box. Upstairs is a brand new one-bedroom apartment with a tile walk in shower. This property endured an accidental fire and much the property has been rebuilt down to the studs. New roof, sidings, gutters and some windows. Large cornet lot.

Last Agent to Sell the Property

Amanda Bills

Jefferson Iowa Realty License #*** Listed on: 05/11/2021

Jefferson Iowa Realty

Last Buyer's Agent

Amanda Bills

Jefferson Iowa Realty License #*** Listed on: 05/11/2021

Jefferson Iowa Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $548

Year Built

  • Built in 1900

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 66x132

Parking

  • Uncovered Parking

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,302 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$548

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: ORIGINAL - LOT 108 BLK 13
  • Municipality: Jefferson
  • Year Built: 1900
  • Stories: 1.5 Stories
  • OFFICELIST_ADDRESS: 406 E State Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2021-05-11
  • List Office I D: 200
  • Sales Office I D: 200
  • Selling Agent: 947
  • Share Listings With: Broker Reciprocity, CoreLogic Listing License, Homes.com, Realtor.com, RPR Listing License
  • Street Designation: Street
  • Building Style: Duplex Up and Down
  • Unit 1 B1 Level: Main
  • Unit 1 B2 Level: Main
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Dining Room Level: Main
  • Unit 1 Kitchen Level: Main
  • Unit 1 Living Room Level: Main
  • Unit 1 Number of Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Basement: Full
  • Price Per S Q F T: 46.08
  • Above Grade Finished Sq Ft: 1302
  • Room Types: Unit1 Bedroom 1, Unit1 Bedroom 2, Unit1 Bedroom 3, Unit1 Bedroom 4, Unit1 Dining Room, Unit1 Extra Room 1, Unit1 Extra Room 2, Unit1 Extra Room 3, Unit1 Extra Room 4, Unit1 Extra Room 5, Unit1 Extra Room 6, Unit1 Family Room, Unit1 Kitchen, Unit1 Living Room, Unit2 Bedroom 1, Unit2 Bedroom 2, Unit2 Bedroom 3, Unit2 Bedroom 4, Unit2 Dining Room, Unit2 Extra Room 1, Unit2 Extra Room 2, Unit2 Extra Room 3, Unit2 Extra Room 4, Unit2 Extra Room 5, Unit2 Extra Room 6, Unit2 Family Room, Unit2 Kitchen, Unit2 Living Room, Unit3 Bedroom 1, Unit3 Bedroom 2, Unit3 Bedroom 3, Unit3 Bedroom 4, Unit3 Dining Room, Unit3 Extra Room 1, Unit3 Extra Room 2, Unit3 Extra Room 3, Unit3 Extra Room 4, Unit3 Extra Room 5, Unit3 Extra Room 6, Unit3 Family Room, Unit3 Kitchen, Unit3 Living Room, Unit4 Bedroom 1, Unit4 Bedroom 2, Unit4 Bedroom 3, Unit4 Bedroom 4, Unit4 Dining Room, Unit4 Extra Room 1, Unit4 Extra Room 2, Unit4 Extra Room 3, Unit4 Extra Room 4, Unit4 Extra Room 5, Unit4 Extra Room 6, Unit4 Family Room, Unit4 Kitchen, Unit4 Living Room

Exterior Features

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Description: Uncovered/Open
  • Fuel: Natural Gas

Utilities

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

Fee Information

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

Schools

  • School District: Greene County
  • School District Number: 3195
  • School District Phone: 515-386-4168

Lot Info

  • Acres: 0.21
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 66X132
  • Lot Size Sq Ft: 9147.6
  • Lot Size Units: Acres

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Tax Info

  • Tax With Assessments: 548
  • Tax Year: 2020
  • Gross Taxes: 548

Multi Family

  • Total Units: 2
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

MLS Schools

  • School District: 3195 - Greene County
  • School District Name: Greene County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Dec 20, 2021
Sold by
Cozad William B and Cozad Jennifer L
Bought by
Sampson Farms Llc
Seller's Agent
Amanda Bills
Jefferson Iowa Realty
Buyer's Agent
Amanda Bills
Jefferson Iowa Realty
List Price
$79,000
Sold Price
$60,000
Premium/Discount to List
-$19,000
-24.05%
Current Estimated Value
$86,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,625
Avg. Annual Appreciation
10.68%
Original Mortgage
$54,000
Outstanding Balance
$19,821
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$66,804

Purchase Details

Listed on
May 11, 2021
Closed on
Dec 16, 2021
Sold by
Cozad Rebecca C
Bought by
Cozad William B
Seller's Agent
Amanda Bills
Jefferson Iowa Realty
Buyer's Agent
Amanda Bills
Jefferson Iowa Realty
List Price
$79,000
Sold Price
$60,000
Premium/Discount to List
-$19,000
-24.05%

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
Outstanding Balance
$19,821
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$66,804
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
Sampson Farms Llc $60,000 None Listed On Document
Cozad William B -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sampson Farms Llc $54,000
Closed Cozad William B $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $60,000 -18.9% $46 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
08/16/2021 08/16/21 Price Changed $74,000 -6.3% $57 / Sq Ft
07/26/2021 07/26/21 For Sale $79,000 0.0% $61 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $79,000 0.0% $61 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $79,000 -- $61 / 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 $726 $37,500 $13,200 $24,300
2023 $568 $38,100 $13,200 $24,900
2022 $556 $25,000 $8,300 $16,700
2021 $560 $25,000 $8,300 $16,700
2020 $560 $24,200 $8,300 $15,900
2019 $620 $26,400 $0 $0
2018 $602 $26,400 $0 $0
2017 $628 $28,800 $0 $0
2016 $606 $28,800 $0 $0
2015 $606 $28,800 $0 $0
2014 $608 $28,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5755681

NoCoast MLS

APN: 11-08-191-005