NOT LISTED FOR SALE

501 N 3rd Ave E Newton, IA 50208

Estimated Value: $69,000

2 Beds
1 Bath
10,848 Sq Ft
$6/Sq Ft Est. Value

Last Sold February 07, 2012

Last sale price $455,000 $42 Per Sq Ft

Current estimated payment $451/month

149 Days on Market

About This Home

As of February 2012

This home is located at 501 N 3rd Ave E, Newton, IA 50208 since 11 August 2011 and is currently priced at $69,000, approximately $6 per square foot. This property was built in 1989. 501 N 3rd Ave E is a home located in Jasper County with nearby schools including Thomas Jefferson Elementary School, Woodrow Wilson Elementary School, and Berg Middle School.

Last Listed By

Richard Ryan

RE/MAX Best Commercial License #B13530000 Listed on: 08/11/2011

RE/MAX Best Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 0.84

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Other Style
  • Legal Description: THE KNOLLS CONDOMINIUMS UNIT ...
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Sq Ft: 41.94
  • Total Sq Ft: 10848

Exterior Features

  • Exterior: Aluminum Siding, Brick Partial
  • Road Access: Curbs & Gutters, Paved

Garage/Parking

  • Number Parking Spaces: 12

Utilities

  • Heating Cooling: Electric, Forced Air, Gas
  • Electric Expense: 375
  • Gas Expense: 375

Schools

  • High School: Out Of Area
  • High School: Out Of Area

Lot Info

  • Estimated Lot Size: 21648
  • Lot Description: Level

Rental Info

  • Manager On Site: Yes
  • Gross Annual Rent Income: 60970
  • Management Expense: 1836

Tax Info

  • Annual Taxes: 16368
  • Parcel Id Number Tax Id: 08.34.207.002
  • Tax Year: 2009

Multi Family

  • Total Number Units: 12
  • Gross Annual Income: 60970
  • Total Number Central Air Units: 12
  • Total Number Electric Meters: 12
  • Total Number Gas Meters: 12
  • Total Number Heating Units: 12
  • Total Number Water Heaters: 12
  • Total Number Water Meters: 12

Range of Values:

Collateral Analytics

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ICE

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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

Mortgage History

Date Status Borrower Loan Amount
Closed Centre For Arts & Artists $130,000
Closed Iowa Sculpture Festival $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2012 02/07/12 Sold $455,000 -15.7% $42 / Sq Ft
01/07/2012 01/07/12 Pending -- -- --
08/11/2011 08/11/11 For Sale $540,000 -- $50 / Sq Ft
Source: RMLS Alliance

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 $4,430 $193,840 $66,880 $126,960
2023 $4,430 $193,840 $66,880 $126,960
2022 $3,626 $165,940 $66,880 $99,060
2021 $3,822 $162,950 $16,960 $145,990
2020 $3,822 $162,950 $16,960 $145,990
2019 $3,934 $0 $0 $0
2018 $3,934 $0 $0 $0
2017 $3,504 $0 $0 $0
2016 $3,504 $0 $0 $0
2015 $3,420 $0 $0 $0
2014 $3,058 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4128210

RMLS Alliance

APN: 08-27-354-008