NOT LISTED FOR SALE

418 N 2nd Ave E Newton, IA 50208

Estimated Value: $182,918 - $203,000

4 Beds
2 Baths
2,044 Sq Ft
$94/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $125,000 $61 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,278/month

Highlights

  • Deck
  • Eat-In Kitchen
  • Carpet
  • No HOA
  • Forced Air Heating and Cooling System
  • 4-minute walk to Sersland Park

About This Home

As of July 2021

Own a piece of Newton Iowa History! This property stood as the long time home office for the Newton Home Oil Company. This uniquely designed home features the main living room, kitchen, 2 bedrooms, laundry and full bath on the 2nd floor. Main floor consists of two additional bedrooms, full bath and bonus room with cabinets and counter space which could easily be converted into an additional kitchen or craft room. Outside you will find a large back yard with concrete patio and a 2nd story deck off the kitchen. The 2 car detached garage also features a full loft for extra storage. Furnace and air new in 2018 and new asphalt shingles in 2017. Seller will provide a $3000 flooring allowance at closing for an acceptable offer.

Last Agent to Sell the Property

Jeremy Dittmer

Iowa Realty Newton Listed on: 05/26/2021

Last Buyer's Agent

Kenneth Kauzlarich

RE/MAX Precision

RE/MAX Precision

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,863

Year Built

  • Built in 1900

Lot Details

  • 9,240 Sq Ft Lot
  • Lot Dimensions are 66x140

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2,044 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0834137009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,863

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 62.87
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 61.15
  • Termite: Follow Showing Instructions
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: 2nd Flr Laundry, Carpeting, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 980
  • Dining Room: Eat In Kitchen
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 2044
  • Total Sq Ft: 2044

Exterior Features

  • Exterior: Metal Siding
  • Exterior Features: Deck
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Paint

Garage/Parking

  • Driveway: Gravel
  • Garage Sq Ft: 440
  • Garage: 2 Detached
  • Garage Parking Stalls: 2

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Newton

Lot Info

  • Acres: 0.2121
  • Lot S F: 9240
  • Lot Size: 66X140
  • Assessor Parcel Number: 0834137009
  • Zoning: Res

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1862.76
  • Net Taxes: 1862.00
  • Tax Year: 2019

MLS Schools

  • School District: Newton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Jul 8, 2021
Sold by
Balmer Kimberly K and Balmer Michael J
Bought by
Smith Victoria Joy and Smith Andrew J
Seller's Agent
Jeremy Dittmer
Iowa Realty Newton
Buyer's Agent
Kenneth Kauzlarich
RE/MAX Precision
List Price
$133,500
Sold Price
$125,000
Premium/Discount to List
-$8,500
-6.37%
Current Estimated Value
$192,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,480
Avg. Annual Appreciation
10.85%
Original Mortgage
$118,750
Outstanding Balance
$107,747
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$84,733
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
Smith Victoria Joy $125,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Victoria Joy $118,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $125,000 -2.7% $61 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
06/04/2021 06/04/21 Price Changed $128,500 -3.7% $63 / Sq Ft
05/26/2021 05/26/21 For Sale $133,500 -- $65 / Sq Ft
Source: Des Moines Area Association 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 $3,030 $159,940 $20,200 $139,740
2023 $3,014 $159,940 $20,200 $139,740
2022 $1,872 $134,920 $20,200 $114,720
2021 $1,894 $84,110 $20,200 $63,910
2020 $1,894 $80,720 $17,660 $63,060
2019 $1,932 $80,050 $0 $0
2018 $1,932 $80,050 $0 $0
2017 $2,332 $82,230 $0 $0
2016 $2,332 $82,230 $0 $0
2015 $2,350 $86,030 $0 $0
2014 $1,952 $86,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 630049

Des Moines Area Association of REALTORS®

APN: 08-34-137-009