NOT LISTED FOR SALE

464 N 3rd St Sheffield, IA 50475

8 Beds
4 Baths
-- Sq Ft
1978 Built

Sale Details

Date Sold: August 11, 2023

Last sale price $240,000 $0 Per Sq Ft

3 Days on Market

About This Home

As of August 2023

Well kept four plex with many updates. All two bedroom units with coin laundry. Enjoy minimal landlord expenses as the tenant is responsible for their own gas and electric being metered separately. Updates include a new roof in 2019, All four new furnaces in 2022, one new A/C unit and a new water heater in June. Units are well maintained by tenants and all tenants are current on rent. Building is under property management. Insurance $2144 Water $74/mo Trash $70/mo Gross Income $$2300/mo (all tenants pay $575/mo) Listing agent has ownership interest. Owner is a licensed real estate broker in the state of Iowa.

Last Agent to Sell the Property

Erin Runde

RUNDE REAL ESTATE & PROPERTY MANAGEMENT License #B57603 Listed on: 07/03/2023

Last Buyer's Agent

Erin Runde

RUNDE REAL ESTATE & PROPERTY MANAGEMENT License #B57603 Listed on: 07/03/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,862

Year Built

  • Built in 1978

Home Design

  • Quadruplex
  • Block Foundation
  • Frame Construction
  • Vinyl Siding

Utilities

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

Additional Features

  • Stove
  • Lot Dimensions are 152x177

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electric, gas, heat, separate meters
  • The owner pays for snow removal, trash, water
  • Assessor Parcel Number 0304327001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,862

Year Built

Built in 1978

Listing Details

  • Class: MULTI-FAMILY
  • Type: MULTI-FAMILY
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Kitchen Appliances: Refrigerator, Stove

Exterior Features

  • Construction: Frame, Vinyl Siding
  • Foundation: Block

Garage/Parking

  • Garage Parking: Off Street Parking

Utilities

  • Air Conditioner: Central
  • Flood Insurance: Not Required
  • Heat: Forced Air, Gas
  • Separate Electric: Yes
  • Separate Heat: Yes

Lot Info

  • Total Assessed Value: 139000
  • Estimated Lot Sq Ft: 152x177
  • Parcel Number: 0304327001
  • Zoning: RG/GENERAL RES

Rental Info

  • Owner Pays: Snow Removal, Trash, Water
  • Tenant Pays: Electric, Gas, Heat, Separate Meters

Tax Info

  • Year: 2021
  • Taxes: 2862

Multi Family

  • Multi Family Type: Quad
  • Number Of Units: 4

MLS Schools

  • School District: Sheffield

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2023
Closed on
Aug 9, 2023
Sold by
Bought by
Seller's Agent
Erin Runde
RUNDE REAL ESTATE & PROPERTY MANAGEMENT
Buyer's Agent
Erin Runde
RUNDE REAL ESTATE & PROPERTY MANAGEMENT
List Price
$240,000
Sold Price
$240,000
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
0.0671%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0467%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 28, 2013
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$240,000 None Listed On Document
$175,000 Laird Law Firm Plc
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $410,000
Closed $200,000
Closed $115,000
Closed $65,000
Closed $82,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/11/2023 08/11/23 Sold $240,000 0.0% --
07/03/2023 07/03/23 For Sale $240,000 -- --
Source: Mason City Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,432 $152,100 $16,600 $135,500
2024 $2,432 $139,000 $16,600 $122,400
2023 $2,312 $139,000 $16,600 $122,400
2022 $2,862 $117,800 $16,600 $101,200
2021 $2,862 $117,800 $16,600 $101,200
2020 $3,026 $117,800 $16,600 $101,200
2019 $2,356 $94,700 $0 $0
2018 $2,440 $94,700 $0 $0
2017 $2,440 $94,700 $0 $0
2016 $2,736 $94,700 $0 $0
2015 $2,736 $94,700 $0 $0
2014 $2,918 $94,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mason City Multiple Listing Service

MLS Number: 230430

Mason City Multiple Listing Service
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