$15,250
SOLD OCT 31, 2018

410 E 5th St Atlantic, IA 50022

-- Bed
-- Bath
1,837 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$8 Per Sq Ft

66% Below List Price

363 Days on Market

About This Home

As of January 2024

Investment Opportunity! This home is divided into 3 apartments. Each have one bedroom. Gas stove, refrigerator and window a/c are all included in each apartment. Property is being sold in as is condition. Call a Realtor today!

Last Agent to Sell the Property

Donna Muell

Meyer & Gross Real Estate Co Listed on: 08/22/2017

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1880

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Home Design

  • Wood Siding

Interior Spaces

  • 1,837 Sq Ft Home
  • 1.5-Story Property

Utilities

  • Hot Water Heating System

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $561
  • Maintenance Expense $1,548
  • Trash Expense $420
  • Gross Income $15,000

Property Details

Home Type

Apartment

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: East 50' of Lots 5 & 6, Block 23, City of Atlantic, Cass County, Iowa.
  • Municipality: Atlantic
  • Year Built: 1880
  • Stories: 1.5 Stories
  • OFFICELIST_ADDRESS: 410 E 5th
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2017-08-22
  • List Office I D: 235
  • M L Number Foreign: WCIR20154063
  • Sales Office I D: 293
  • Selling Agent: 1478
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Building Style: Apartment
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 8.3
  • Above Grade Finished Sq Ft: 1837
  • 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

  • Exterior: Wood
  • Road Frontage: Sidewalks, Other

Utilities

  • Heating: Hot Water

Condo/Co-op/Association

  • Common Features: Other/See Remarks

Fee Information

  • Annual Expense: 7520.64
  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Schools

  • School District: Atlantic

Lot Info

  • Acres: 0.12
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 5000
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Multi Family

  • Expense Insurance: 561
  • Expense Maintenance: 1548
  • Expense Trash: 420
  • Expense Water Sewer: 34.58
  • Tenant Expenses: Cable T.V.
  • Total Units: 3
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

Tax Info

  • Gross Taxes: 1246

MLS Schools

  • School District: 387 - Atlantic
  • School District Name: Atlantic

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
Jan 24, 2024
Sold by
Clinton-Reinke Terri
Bought by
Flynn Kristina
Seller's Agent
Norma Hemphill
Meyer & Gross Real Estate Co
Buyer's Agent
Norma Hemphill
Meyer & Gross Real Estate Co
List Price
$50,000
Sold Price
$50,000
Views
717
Current Estimated Value
$98,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,050
Avg. Annual Appreciation
57.94%

Purchase Details

Listed on
Aug 22, 2017
Closed on
Oct 30, 2018
Sold by
Johnson Wayne and Johnson Georgia
Bought by
Clinton-Reinke Terri
Seller's Agent
Donna Muell
Meyer & Gross Real Estate Co
List Price
$45,000
Sold Price
$15,250
Premium/Discount to List
-$29,750
-66.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.43%
Original Mortgage
$11,438
Interest Rate
4.7%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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 $50,000 None Listed On Document
Warranty Deed $15,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $11,438 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Price Changed $100,000 -9.1% $54 / Sq Ft
02/12/2025 02/12/25 For Sale $110,000 +120.0% $60 / Sq Ft
01/24/2024 01/24/24 Sold $50,000 0.0% $27 / Sq Ft
01/02/2024 01/02/24 For Sale $50,000 0.0% $27 / Sq Ft
01/01/2024 01/01/24 Off Market $50,000 -- --
12/31/2023 12/31/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $50,000 0.0% $27 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $50,000 0.0% $27 / Sq Ft
08/12/2023 08/12/23 Off Market $50,000 -- --
06/09/2023 06/09/23 Price Changed $50,000 -16.7% $27 / Sq Ft
05/19/2023 05/19/23 Price Changed $60,000 -13.0% $33 / Sq Ft
02/21/2023 02/21/23 For Sale $69,000 +352.5% $38 / Sq Ft
10/31/2018 10/31/18 Sold $15,250 -66.1% $8 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
08/22/2017 08/22/17 For Sale $45,000 -- $24 / 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 $588 $32,280 $4,850 $27,430
2023 $570 $32,280 $4,850 $27,430
2022 $660 $26,600 $4,850 $21,750
2021 $312 $26,600 $4,850 $21,750
2020 $778 $27,610 $4,850 $22,760
2019 $1,110 $36,010 $0 $0
2018 $1,178 $36,010 $0 $0
2017 $1,246 $36,010 $0 $0
2016 $1,316 $36,010 $0 $0
2015 $1,356 $36,010 $0 $0
2014 $1,482 $36,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5428279

NoCoast MLS

APN: 300005900001000