NOT LISTED FOR SALE

407 W State St Marshalltown, IA 50158

Estimated Value: $113,000 - $135,000

4 Beds
2 Baths
2,841 Sq Ft
$45/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $83,500 $29 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $900/month

44 Days on Market

About This Home

As of May 2020

Spectacular duplex with major updates including roof, siding, insulation, windows, paint and more! Each unit has 2 bedrooms, 1 bath, formal dining, living room, laundry hookup and off street parking. Great income with owner paying only garbage. Don't wait, call today to see this great income investment!

Last Agent to Sell the Property

Paula Price

No Limits Real Estate License #*** Listed on: 02/25/2020

Last Buyer's Agent

Jamie Bland

1st Rate Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 60 x 180

Home Design

  • 2,841 Sq Ft Home
  • Duplex
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Additional Features

  • Unfinished Basement

Community Details

  • 2 Units
  • Community Deck or Porch
  • Gross Income $13,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: JEROME'S ADD LOT 4 BLK 6
  • Municipality: Marshalltown
  • Year Built: 1915
  • Stories: 2 Stories
  • Inspections: City Inspected
  • OFFICELIST_ADDRESS: 407 W State Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2020-02-26
  • List Office I D: 409
  • Sales Office I D: 409
  • Selling Agent: 2001
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Street
  • Building Style: Duplex Side x Side
  • Unit 1 Air Conditioning: Central
  • Unit 1 Amenities: Deck, Walk-Up Attic, Sun Room, Washer/Dryer Hookup
  • Unit 1 Appliances: Range, Refrigerator
  • Unit 1 Bathrooms Description: Upper Level Full Bath
  • Unit 1 Dining Room Description: Separate/Formal Dining Rm
  • Unit 1 Fireplace Chars: Living Room, Other, Wood Burning
  • Unit 1 Annual Rent: 7200
  • Unit 1 B1 Level: Upper
  • Unit 1 B2 Level: Upper
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Dining Room Level: Main
  • Unit 1 E1 Level: Main
  • Unit 1 E1 Name: Sun Room
  • Unit 1 Fireplace Number: 1
  • Unit 1 Kitchen Level: Main
  • Unit 1 Living Room Level: Main
  • Unit 1 Month Rent: 600
  • Unit 1 Number of Units: 1
  • Unit 1 Rooms Total: 7
  • Unit 2 Air Conditioning: Window
  • Unit 2 Appliances: Range, Refrigerator
  • Unit 2 Dining Room Description: Separate/Formal Dining Rm
  • Unit 2 Annual Rent: 6600
  • Unit 2 B1 Level: Upper
  • Unit 2 B2 Level: Upper
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Total Bathrooms: 1
  • Unit 2 Bedrooms: 2
  • Unit 2 Dining Room Level: Main
  • Unit 2 Kitchen Level: Main
  • Unit 2 Living Room Level: Main
  • Unit 2 Month Rent: 550
  • Unit 2 Number of Units: 1
  • Unit 2 Rooms Total: 6
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: Two
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Basement: Unfinished
  • Price Per S Q F T: 29.39
  • Above Grade Finished Sq Ft: 2841
  • Below Grade Total Sq Ft: 1349
  • 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

Garage/Parking

  • Description: Driveway - Other Surface
  • Fuel: Natural Gas

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected
  • Electric: Circuit Breakers

Condo/Co-op/Association

  • Shared: Deck

Association/Amenities

  • Complex/Development/Subdivision: Jeromes Add

Fee Information

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

Schools

  • School District: Unknown
  • School District Phone: 999-999-9999

Lot Info

  • Acres: 0.25
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 60 x 180
  • Lot Size Sq Ft: 10890
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Multi Family

  • Number Of Refrigerators: Two
  • Tenant Expenses: Electricity, Fuel, Water
  • Total Units: 2
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

Tax Info

  • Tax With Assessments: 2162
  • Tax Year: 2019
  • Gross Taxes: 2162

MLS Schools

  • School District: 999 - Unknown
  • School District Name: Unknown

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Weatherly Properties Llc $83,500
Closed Calderon Ernesto $66,750
Closed Calderon Ernesto $58,400
Closed Calderon Ernesto $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2020 05/01/20 Sold $83,500 -7.1% $29 / Sq Ft
04/09/2020 04/09/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $89,900 0.0% $32 / Sq Ft
03/01/2020 03/01/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $89,900 -- $32 / 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 $2,286 $125,280 $25,160 $100,120
2023 $2,322 $125,280 $25,160 $100,120
2022 $2,348 $103,710 $14,660 $89,050
2021 $2,312 $103,710 $14,660 $89,050
2020 $2,313 $98,130 $14,660 $83,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5491767

NoCoast MLS

APN: 8418-26-357-015