NOT LISTED FOR SALE

500 N Main St Fairfield, IA 52556

Estimated Value: $152,000 - $202,000

8 Beds
4 Baths
3,500 Sq Ft
$50/Sq Ft Est. Value

Last Sold January 04, 2013

Last sale price $57,000 $16 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $965/month

10 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 2-minute walk to Fairfield IA Town Square
  • Hot Water Heating System

About This Home

As of January 2013

4 Unit Income Property!!! Located close to the downtown! Property being sold as-is!

Last Agent to Sell the Property

Heather Marek

Homegirl Realty Listed on: 11/21/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24

Year Built

  • Built in 1891

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 3,500 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Hot Water Heating System

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: to be taken from abstract
  • Municipality: Fairfield
  • Year Built: 1891
  • OFFICELIST_ADDRESS: 500 N Main Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2012-11-21
  • List Office I D: 702
  • M L Number Foreign: SEIA28006487
  • Sales Office I D: 1
  • Selling Agent: 1
  • Share Listings With: Broker Reciprocity
  • Street Designation: Street
  • Building Style: Duplex Other
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Number of Units: 1
  • Unit 1 Sq Ft: 1272
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Total Bathrooms: 1
  • Unit 2 Bedrooms: 2
  • Unit 2 Number of Units: 1
  • Unit 2 Sq Ft: 1153
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Total Bathrooms: 1
  • Unit 3 Bedrooms: 2
  • Unit 3 Number of Units: 1
  • Unit 3 Sq Ft: 700
  • Unit 4 Bathrooms Full: 1
  • Unit 4 Total Bathrooms: 1
  • Unit 4 Bedrooms: 2
  • Unit 4 Number of Units: 1
  • Unit 4 Sq Ft: 1200
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4
  • Price Per S Q F T: 16.29
  • Above Grade Finished Sq Ft: 3500
  • Room Types: Unit1 Bedroom 1, Unit1 Bedroom 2, Unit1 Bedroom 3, Unit1 Bedroom 4, Unit1 Dining Room, Unit1 Extra Room 1, Unit1 Extra Room 2, Unit1 Extra Room 3, Unit1 Extra Room 4, Unit1 Extra Room 5, Unit1 Extra Room 6, Unit1 Family Room, Unit1 Kitchen, Unit1 Living Room, Unit2 Bedroom 1, Unit2 Bedroom 2, Unit2 Bedroom 3, Unit2 Bedroom 4, Unit2 Dining Room, Unit2 Extra Room 1, Unit2 Extra Room 2, Unit2 Extra Room 3, Unit2 Extra Room 4, Unit2 Extra Room 5, Unit2 Extra Room 6, Unit2 Family Room, Unit2 Kitchen, Unit2 Living Room, Unit3 Bedroom 1, Unit3 Bedroom 2, Unit3 Bedroom 3, Unit3 Bedroom 4, Unit3 Dining Room, Unit3 Extra Room 1, Unit3 Extra Room 2, Unit3 Extra Room 3, Unit3 Extra Room 4, Unit3 Extra Room 5, Unit3 Extra Room 6, Unit3 Family Room, Unit3 Kitchen, Unit3 Living Room, Unit4 Bedroom 1, Unit4 Bedroom 2, Unit4 Bedroom 3, Unit4 Bedroom 4, Unit4 Dining Room, Unit4 Extra Room 1, Unit4 Extra Room 2, Unit4 Extra Room 3, Unit4 Extra Room 4, Unit4 Extra Room 5, Unit4 Extra Room 6, Unit4 Family Room, Unit4 Kitchen, Unit4 Living Room

Exterior Features

  • Exterior: Other
  • Road Frontage: Other
  • Roof: Other

Utilities

  • Garage Stalls: 2
  • Heating: Forced Air, Hot Water

Condo/Co-op/Association

  • Common Features: Carpets, Hardwood

Fee Information

  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Schools

  • School District: Fairfield

Lot Info

  • Acres: 0.2
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 66 X 132
  • Lot Size Sq Ft: 8712
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Multi Family

  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

MLS Schools

  • School District: 2169 - Fairfield
  • School District Name: Fairfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2012
Closed on
Nov 29, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Clark Rachel
Seller's Agent
Heather Marek
Homegirl Realty
List Price
$62,500
Sold Price
$57,000
Premium/Discount to List
-$5,500
-8.8%
Current Estimated Value
$176,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,667
Avg. Annual Appreciation
9.38%
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
Clark Rachel $57,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Brenton $1,114,673
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2013 01/04/13 Sold $57,000 -8.8% $16 / Sq Ft
12/01/2012 12/01/12 Pending -- -- --
11/21/2012 11/21/12 For Sale $62,500 -- $18 / Sq Ft
Source: NoCoast MLS

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 $24 $131,700 $14,900 $116,800
2023 $2,830 $131,700 $14,900 $116,800
2022 $3,260 $136,600 $20,100 $116,500
2021 $3,260 $101,200 $14,900 $86,300
2020 $2,746 $101,200 $14,900 $86,300
2019 $2,570 $86,300 $0 $0
2018 $2,648 $86,300 $0 $0
2017 $2,648 $98,400 $0 $0
2016 $2,772 $81,300 $0 $0
2015 $2,068 $56,600 $0 $0
2014 $2,068 $56,900 $0 $0
2013 $2,252 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5429273

NoCoast MLS

APN: 06-25-157-008