$25,000
SOLD MAR 20, 2018

501 N 2nd Ave W Newton, IA 50208

-- Bed
3 Baths
1,936 Sq Ft
0.31 Acres

Recently Sold

$13 Per Sq Ft

49% Below List Price

124 Days on Market

Highlights

  • No HOA
  • Storage
  • Forced Air Heating System

About This Home

As of December 2024

2- 1 bedroom units with 1 bathroom. 1 possible 2 bedroom with 1 bathroom. New roof in 2017 $12,500 New Siding 5 years ago

Last Agent to Sell the Property

Tricia Maher

RE/MAX Concepts Listed on: 11/10/2017

Last Buyer's Agent

Julie Rose

RE/MAX Concepts

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 3 Bathrooms
  • 1,936 Sq Ft Home
  • 2-Story Property
  • Storage
  • Unfinished Basement

Additional Features

  • 0.31 Acre Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 0833228013

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 19.06
  • Sp Amt Sq Ft: 12.91
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Partial Bath Total: 3
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 673
  • Storage: Yes
  • Living Area Sq Ft: 1936
  • Partial Bathrooms: 2
  • Partial Bathrooms: 1
  • Total Sq Ft: 1936

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Concrete Block
  • Sidewalk: Y

Garage/Parking

  • Garage: 2 Detached

Utilities

  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Newton

Lot Info

  • Acres: 0.3121
  • Lot S F: 13595
  • Assessor Parcel Number: 0833228013
  • Zoning: Res

Rental Info

  • Deposit: No

Tax Info

  • Gross Taxes: 1578.00
  • Net Taxes: 1578.00

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Newton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Dec 31, 2024
Sold by
Second Wind Rentals Llc
Bought by
Dittmer Jeremy and Dittmer Jacquelyn
Seller's Agent
Caren Clevenger
Iowa Realty Newton
Buyer's Agent
Jeremy Dittmer
Iowa Realty Newton
List Price
$225,000
Sold Price
$185,000
Premium/Discount to List
-$40,000
-17.78%
Views
10
Current Estimated Value
$186,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,003
Avg. Annual Appreciation
7.02%
Original Mortgage
$186,442
Outstanding Balance
$185,961
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
$6,202

Purchase Details

Listed on
Aug 2, 2024
Closed on
Dec 30, 2024
Sold by
Comstock Growth Llc
Bought by
Second Wind Rentals Llc
Seller's Agent
Caren Clevenger
Iowa Realty Newton
Buyer's Agent
Jeremy Dittmer
Iowa Realty Newton
List Price
$225,000
Sold Price
$185,000
Premium/Discount to List
-$40,000
-17.78%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,442
Outstanding Balance
$185,961
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
$6,202
Source: Public Records

Range of Values:

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Average Value
Not Available
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 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

Mortgage History

Date Status Loan Amount Loan Type
Open $186,442 Credit Line Revolving
Closed $186,442 Credit Line Revolving
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 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 $1,548 $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

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 550960

Des Moines Area Association of REALTORS®

APN: 08-33-228-013