$22,500
SOLD APR 30, 2025

418 2nd St Gladbrook, IA 50635

-- Bed
-- Bath
2,400 Sq Ft
3,136 Sq Ft Lot

Recently Sold

$9 Per Sq Ft

74% Below List Price

552 Days on Market

Highlights

  • Deck
  • Zoned Heating and Cooling
  • Level Lot
  • Laundry Room

About This Home

As of April 2025

Bldg contains 2 offices, 1 barber shop & restrooms on main floor. Upper level contains 3 Apartments! 1 w/2 bdrm and 2 -1 bdrm. Coin-Op Laundry. Some updates to apartments & bldg. Parking spaces in back. Deck area.

Last Agent to Sell the Property

Andrea Stocker

Appraisal & Real Estate Services License #S40545 Listed on: 09/11/2023

Last Buyer's Agent

asdf asdf

NON-MEMBER License #nonmem

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,120 Sq Ft Lot
  • Lot Dimensions are 24'x130'
  • Level Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Membrane Roofing
  • Rubber Roof
  • Block Exterior

Interior Spaces

  • 2-Story Property

Laundry

  • Laundry Room
  • Laundry on upper level

Basement

  • Brick Basement
  • Interior Basement Entry

Parking

  • 2 Open Parking Spaces
  • No Garage
  • Paved Parking
  • Off-Site Parking

Schools

  • Gladbrook-Reinbeck Elementary And Middle School
  • Gladbrook-Reinbeck High School

Additional Features

  • Deck
  • Zoned Heating and Cooling

Community Details

  • 6 Units

Listing and Financial Details

  • Tenant pays for electricity, heat
  • Assessor Parcel Number 0509408006

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

3,120 Sq Ft Lot

Listing Details

  • Parcel Number: 0509408006
  • Year Built: 1900
  • PropertyType: Residential Income
  • ResoLaundryFeatures: 2nd Floor, Laundry Room
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.072
  • Road Frontage Type: Hard Surface Road
  • Co List Office Phone: 319-478-2990
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2400
  • Unit Levels: Two
  • Reso Roof: Flat, Membrane, Rubber
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Brick/Mortar, Entrance-Inside, Floor Drain
  • Below Grade Sq Ft: 2400

Exterior Features

  • Construction Type: Block, Brick
  • Patio And Porch Features: Deck
  • Siding: Brick

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: Off Site, Parking Pad, Paved, None

Utilities

  • Cooling: Central Air, Zoned
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Garbage in Rent, Water in Rent
  • Water Source: Public

Schools

  • Elementary School: Gladbrook-Reinbeck
  • High School: Gladbrook-Reinbeck
  • Middle Or Junior School: Gladbrook-Reinbeck

Lot Info

  • Zoning: C
  • Lot Dimensions: 24'X130'
  • Lot Size Sq Ft: 3120
  • Additional Parcels: No

Rental Info

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

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 974

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2023
Closed on
Apr 24, 2025
Sold by
Alejo Petra Maria
Bought by
Gonzales Juan Manuel Rivas and Rivera Janerys Marie
Seller's Agent
Andrea Stocker
Appraisal & Real Estate Services
Buyer's Agent
asdf asdf
NON-MEMBER
List Price
$84,950
Sold Price
$22,500
Premium/Discount to List
-$62,450
-73.51%
Views
252
Current Estimated Value
$50,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,812
Avg. Annual Appreciation
152.18%

Purchase Details

Listed on
Jan 24, 2017
Closed on
May 30, 2017
Sold by
Dewitt Michael and Dewitt Barbara
Bought by
Alejo Jerry Dean and Alejo Petra Maria
Seller's Agent
Andrea Stocker
Appraisal & Real Estate Service
Buyer's Agent
Andrea Stocker
Appraisal & Real Estate Service
List Price
$39,900
Sold Price
$30,000
Premium/Discount to List
-$9,900
-24.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.57%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $22,500 None Listed On Document
Warranty Deed $30,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2025 04/30/25 Sold $22,500 -59.1% $9 / Sq Ft
03/16/2025 03/16/25 Pending -- -- --
03/11/2025 03/11/25 Price Changed $54,950 -14.1% $23 / Sq Ft
08/22/2024 08/22/24 Price Changed $63,950 -7.3% $27 / Sq Ft
06/07/2024 06/07/24 Price Changed $68,950 -8.0% $29 / Sq Ft
04/15/2024 04/15/24 Price Changed $74,950 -6.3% $31 / Sq Ft
03/18/2024 03/18/24 Price Changed $79,950 -5.9% $33 / Sq Ft
09/11/2023 09/11/23 For Sale $84,950 +183.2% $35 / Sq Ft
06/01/2017 06/01/17 Sold $30,000 -24.8% $4 / Sq Ft View Prior Sale
05/11/2017 05/11/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $39,900 -- $6 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

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 $630 $39,750 $1,150 $38,600
2023 $656 $39,750 $1,150 $38,600
2022 $974 $37,390 $1,150 $36,240
2021 $980 $36,881 $1,410 $35,471
2020 $10 $36,881 $1,410 $35,471
2019 $1,010 $35,705 $0 $0
2018 $1,048 $35,705 $0 $0
2017 $1,048 $34,110 $0 $0
2016 $736 $27,136 $920 $26,216
2015 $620 $27,136 $920 $26,216
2014 $620 $32,370 $1,150 $31,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20233865

Northeast Iowa Regional Board of REALTORS®

APN: 05.09.406.008

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