$185,000
SOLD DEC 30, 2024

501 N 2nd Ave W Newton, IA 50208

-- Bed
3 Baths
2,048 Sq Ft
0.32 Acres

Recently Sold

$90 Per Sq Ft

18% Below List Price

122 Days on Market

About This Home

As of December 2024

Great opportunity for rental property and to renovate the upstairs larger unit! Live in the larger one and rent out the others. Pay for your mortgage! Two units that are rented have been remodeled. Upstairs has been started, just needs the finishing touches. Each unit has a mini split for heat and air.

Last Agent to Sell the Property

Caren Clevenger

Iowa Realty Newton

Co-Listed By

Heather Engbers

Iowa Realty Newton

Last Buyer's Agent

Jeremy Dittmer

Iowa Realty Newton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 1900

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 106x132

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3 Bathrooms
  • 2,048 Sq Ft Home
  • 2-Story Property

Kitchen

  • 2 Kitchens
  • Stove
  • Microwave

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 0833228013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,600

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 109.86
  • Sp Amt Sq Ft: 90.33
  • Termite: Call Listing Agent
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 3.00
  • Partial Bath Total: 3
  • Basement Description: Crawl Space, Partial
  • Sq Ft Bsmt: 701
  • Kitchens: 2
  • Included Items: Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 2048
  • Partial Bathrooms: 1
  • Partial Bathrooms: 1
  • Partial Bathrooms: 1
  • Total Sq Ft: 2048

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Tile
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Gravel
  • Garage: 2 Detached
  • Off Street Parking: Yes

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: See Remarks
  • Heat: See Remarks
  • Separate Meters: 3

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Newton

Lot Info

  • Acres: 0.3200
  • Lot S F: 13992
  • Lot Size: 106X132
  • Assessor Parcel Number: 0833228013
  • Zoning: C-N

Tax Info

  • Gross Taxes: 1600.00
  • Net Taxes: 1600.00

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Newton

Map

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

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $185,000 -17.8% $90 / Sq Ft
12/02/2024 12/02/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $225,000 +800.0% $110 / Sq Ft
03/20/2018 03/20/18 Sold $25,000 -49.0% $13 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
11/10/2017 11/10/17 For Sale $49,000 -- $25 / Sq Ft
Source: Des Moines Area Association of REALTORS®

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 $1,548 $82,160 $29,150 $53,010
2023 $1,548 $82,160 $29,150 $53,010
2022 $2,030 $72,080 $29,150 $42,930
2021 $1,880 $77,440 $31,800 $45,640
2020 $1,880 $67,000 $27,810 $39,190
2019 $1,578 $0 $0 $0
2018 $1,578 $0 $0 $0
2017 $1,578 $0 $0 $0
2016 $1,578 $0 $0 $0
2015 $1,540 $0 $0 $0
2014 $1,946 $0 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $186,442 Credit Line Revolving
Closed $186,442 Credit Line Revolving
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $185,000 None Listed On Document
Warranty Deed $185,000 None Listed On Document
Warranty Deed $112,500 None Listed On Document
Warranty Deed $112,500 None Listed On Document
Source: Public Records

Source: Des Moines Area Association of REALTORS®

MLS Number: 700355

Des Moines Area Association of REALTORS®

APN: 08-33-228-013