NOT LISTED FOR SALE

424 E 5th St S Newton, IA 50208

Estimated Value: $143,000 - $357,335

-- Bed
3 Baths
1,663 Sq Ft
$147/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $120,000 $72 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,445/month

34 Days on Market

About This Home

As of September 2021

Cash flow 3-plex.

Last Listed By

Crystal Arguello

Realty ONE Group Impact Listed on: 08/13/2021

Realty ONE Group Impact

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,404

Year Built

  • Built in 1870

Lot Details

  • 10,010 Sq Ft Lot
  • Lot Dimensions are 91x110

Home Design

  • 1,663 Sq Ft Home
  • Wood Siding

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0834254015

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,404

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Apartment Style
  • Lp Amt Sq Ft: 72.16
  • Sp Amt Sq Ft: 72.16
  • Year Built: 1870
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • First Floor Full Bathrooms: 3
  • Sq Ft Bsmt: 408
  • Living Area Sq Ft: 1663
  • Total Sq Ft: 1663

Exterior Features

  • Exterior: Wood

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Newton

Lot Info

  • Acres: 0.2298
  • Lot S F: 10010
  • Lot Size: 91X110
  • Assessor Parcel Number: 0834254015
  • Zoning: RL350

Tax Info

  • Gross Taxes: 1404.00
  • Net Taxes: 1404.00

MLS Schools

  • School District: Newton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Sep 20, 2021
Sold by
Pride Real Estates Svcs Llc
Bought by
527 1St Ave 8 Llc
Seller's Agent
Crystal Arguello
Realty ONE Group Impact
Buyer's Agent
Crystal Arguello
Realty ONE Group Impact
List Price
$120,000
Sold Price
$120,000
Total Days on Market
34
Current Estimated Value
$243,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,834
Avg. Annual Appreciation
19.23%
Original Mortgage
$95,000
Interest Rate
2.93%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 13, 2021
Closed on
Jul 30, 2021
Sold by
Dow Prendergast Shawn
Bought by
Pride Real Estate Services Llc
Seller's Agent
Crystal Arguello
Realty ONE Group Impact
Buyer's Agent
Crystal Arguello
Realty ONE Group Impact
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
2.93%
Mortgage Type
Construction

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Newton, IA

  • 510 N 6th Ave E, Newton, IA 50208

    $275,000

    • Studio
    • 3 Baths
    • 1,560 Sq Ft
    • 510 N 6th Ave E
    • Newton, IA

    Income producing triplex with 3 one bedroom/1 bath units that were all refurbished in the last five years. All three units are currently rented. Laundry room on site with coin machines.

    Jeremy Dittmer Iowa Realty Newton

    Section Image
  • 742 S 17th Ave W, Newton, IA 50208

    $239,900

    • Studio
    • 2 Baths
    • 2,352 Sq Ft
    • 742 S 17th Ave W
    • Newton, IA

    Discover a fantastic investment opportunity in Newton with this solid income-producing duplex located at 742 S 17th Ave W. This well-maintained property features two spacious 3-bedroom, 1-bath units—each with its own attached 2-car garage, a rare amenity for a multifamily home in the area. Both units are currently tenant-occupied by long-term residents, each paying $850 per month on

    Ryan Rohlf Keller Williams Legacy Group

    Section Image

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
527 1St Ave 8 Llc $290,000 None Available
Pride Real Estate Services Llc $90,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 527 1St Ave 8 Llc $135,000
Previous Owner Pride Real Estate Services Llc $95,000
Previous Owner Pride Real Estate Svcs Llc $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $120,000 0.0% $72 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $120,000 -- $72 / 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 $1,126 $59,740 $26,950 $32,790
2023 $1,126 $59,740 $26,950 $32,790
2022 $1,994 $53,510 $26,950 $26,560
2021 $1,404 $76,120 $29,940 $46,180
2020 $1,404 $50,000 $13,600 $36,400
2019 $1,652 $51,920 $0 $0
2018 $1,652 $51,920 $0 $0
2017 $1,818 $51,920 $0 $0
2016 $1,818 $51,920 $0 $0
2015 $1,898 $51,920 $0 $0
2014 $1,902 $51,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 635630

Des Moines Area Association of REALTORS®

APN: 08-34-254-015