$221,950
$8K PRICE DROP

425 27th Ave Unit 29 Amana, IA 52203

Estimated payment $1,670/month

Total Views 21,653
-- Bed
-- Bath
2,143 Sq Ft
$104 Price per Sq Ft

Highlights

  • Deck
  • Patio
  • Forced Air Heating and Cooling System

About This Home

Unique investment opportunity in the peaceful setting near the Amana Colonies Golf Course, one of Iowa's finest golf venues. Originally built as a stay and play unit now being used as a dual family residence. Most likely long term tenants. Each unit has 2 bedrooms and 2 baths a great view of the Iowa river valley and the Lilly lake. A recent assessment for the purpose of building reserves for roof replacement was approved and can be paid over a five year period at $1400/ yr or $116.70/mo. Very peaceful neighborhood with great neighbors. Tenants require 24 hour notice to show

Listing Agent

Terry Knake

SKOGMAN REALTY COMMERCIAL Listed on: 11/08/2024

SKOGMAN REALTY COMMERCIAL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,104

Year Built

  • Built in 2006

HOA Fees

  • $195 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,143 Sq Ft Home
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio

Schools

  • Amana Elementary School
  • Clear Creek/Amana Middle School
  • Clear Creek/Amana High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 102100029

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $7,126
  • Gross Income $22,200
  • Net Operating Income $15,074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,104

Year Built

Built in 2006

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Association Fee Frequency: Monthly
  • Property Type: Residential
  • Property Sub-Type: Multi Family
  • Reso Pets Allowed: Yes
  • Co List Office Phone: 319-363-8286
  • MLS Status: Active
  • Directions: Take 1st Lt N of Amana Colonies Golf Course
  • Year Built: 2006
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walk-Out Access
  • Basement: Yes

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: Parking Space(s)
  • Total Parking Spaces: 4.0

Utilities

  • Utilities: Separate Meters
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 195.0
  • Association: Yes

Schools

  • Elementary School: Amana
  • High School: Clear Creek/Amana
  • Middle Or Junior School: Clear Creek/Amana

Lot Info

  • Lot Dimensions: Common
  • ResoLotSizeUnits: Acres
  • Parcel Number: 102100029

Rental Info

  • Owner Pays: Water

Multi Family

  • Gross Income: 22200.0
  • Net Operating Income: 15074.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 7126.0
  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 3104.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Price Changed $221,950 0.0% $104 / Sq Ft
05/09/2025 05/09/25 For Sale $221,950 -1.4% $104 / Sq Ft
04/30/2025 04/30/25 Off Market $225,000 -- --
02/10/2025 02/10/25 Price Changed $225,000 -2.2% $105 / Sq Ft
11/08/2024 11/08/24 For Sale $229,950 +43.7% $107 / Sq Ft
07/28/2017 07/28/17 Sold $160,000 -4.5% $75 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $167,500 -- $78 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2407777

Cedar Rapids Area Association of REALTORS®