NOT LISTED FOR SALE

414 W Stoneman St Postville, IA 52162

Estimated Value: $93,000 - $131,000

6 Beds
1 Bath
2,560 Sq Ft
$42/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $80,000 $31 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $762/month

14 Days on Market

About This Home

As of September 2021

INVESTMENT OPPORTUNITY to be sold as a packaged deal: This great multi-parcel rental property consists of a duplex at 414 W. Stoneman St. with three-bedrooms in each unit for $89,000.00, 368 W. Stoneman St. has 6, two-bedroom units for $289,000.00 and there are three buildings at 610 & 612 W. Post St. with 14, one-bedroom units priced at $489,000.00. This total package of 22 units is being offered at $867,000.00. These properties have a very low vacancy rate and offer a 10% rate of return. Take advantage of this very rare opportunity to own multiple properties with a great cash flow. Please see individual property listings for more details. A pre-approval letter or financial commitment is required prior to all showings.

Last Agent to Sell the Property

Tade Kerndt

Viking Realtors License #B38984000 Listed on: 08/02/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,537

Year Built

  • Built in 1977

Lot Details

  • 8,816 Sq Ft Lot
  • Lot Dimensions are 115x73x115x80

Home Design

  • 2,560 Sq Ft Home
  • Duplex
  • Metal Roof
  • Vinyl Siding

Parking

  • 4 Open Parking Spaces
  • No Garage
  • Parking Available
  • On-Street Parking

Schools

  • Postville Elementary And Middle School
  • Postville High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Assessor Parcel Number 1932406007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,537

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Parcel Number: 1932406007
  • Year Built: 1977
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: None
  • Lot Size Acres: 0.2
  • Co List Office Phone: 563-382-8453
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2560
  • Reso Roof: Metal
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: None, Parking Area, Parking Space, Street Parking

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Separate Meters
  • Water Source: City

Schools

  • Elementary School: Postville
  • High School: Postville
  • Middle Or Junior School: Postville

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 115x73x115x80
  • Lot Size Sq Ft: 8816

Rental Info

  • Tenant Pays: Electricity, Gas, Heat
  • Lease Term: Other

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1537

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Sep 29, 2021
Sold by
Tidy Wave Inc
Bought by
Next Level Holdings Llc Series 4
Seller's Agent
Tade Kerndt
Viking Realtors
List Price
$89,000
Sold Price
$80,000
Premium/Discount to List
-$9,000
-10.11%
Current Estimated Value
$108,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,000
Avg. Annual Appreciation
7.98%
Original Mortgage
$624,000
Outstanding Balance
$570,909
Interest Rate
2.88%
Estimated Equity
-$462,909
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 Buyer Sale Price Title Company
Next Level Holdings Llc Series 4 $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Next Level Holdings Llc Series 4 $624,000
Closed Next Level Holdings Llc $624,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2021 09/29/21 Sold $80,000 -10.1% $31 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $89,000 -- $35 / Sq Ft
Source: Northeast Iowa Regional Board 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
2024 $2,070 $114,100 $11,200 $102,900
2023 $1,998 $114,100 $11,200 $102,900
2022 $1,526 $78,700 $11,200 $67,500
2021 $1,606 $75,300 $11,200 $64,100
2020 $1,083 $75,300 $11,200 $64,100
2019 $1,450 $68,700 $0 $0
2018 $1,408 $68,700 $0 $0
2017 $1,408 $66,500 $0 $0
2016 $1,370 $66,500 $0 $0
2015 $1,370 $66,500 $0 $0
2014 $1,404 $66,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tade Kerndt

    Seller's Agent in 2021

    Tade Kerndt

    Viking Realtors

    (563) 380-1415

    8 in this area

    64 Total Sales

    Tade Kerndt
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20213695

Northeast Iowa Regional Board of REALTORS®

APN: 19-32-406-007

Iowa Allamakee County Postville 52162

414 W Stoneman St, Postville, IA

This home is located at 414 W Stoneman St, Postville, IA 52162 since 02 August 2021 and is currently estimated at $108,000, approximately $42 per square foot. This property was built in 1977. 414 W Stoneman St is a home located in Allamakee County with nearby schools including Cora B. Darling Elementary/Middle School, John R. Mott High School, and Bais Chaya Mushka-Oholei Menachem Torah Ed Prog.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northeast Iowa Regional Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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