NOT LISTED FOR SALE

501 S Walnut St Colfax, IA 50054

-- Bed
-- Bath
-- Sq Ft
0.43 Acres

Last Sold August 27, 2013

Last sale price $190,000

262 Days on Market

Highlights

  • 7 Kitchens
  • Laundry Room
  • Hot Water Heating System
  • Ranch Style House
  • Central Air

About This Home

As of August 2013

Well maintained and well managed 7 plex with good rental history. One unit has 2 baths and a private laundry. Balance of unit is serviced by coin laundry. 5 garage units. June 1, 2013 fully rented at $3375/ mo. plus 2 garages. This is worth a second look!

Last Agent to Sell the Property

Philip Webb

Webb Realty Listed on: 11/26/2012

Webb Realty

Last Buyer's Agent

Mike Grossman

RE/MAX Revolution

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 128 x 148

Parking

  • 4 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction

Finished Basement

  • Walk-Out Basement
  • Basement Window Egress

Utilities

  • Central Air
  • Window Unit Cooling System
  • Hot Water Heating System

Additional Features

  • 7 Kitchens
  • Laundry Room

Listing and Financial Details

  • Assessor Parcel Number 1112129005

Community Details

Overview

  • 7 Units

Building Details

  • Operating Expense $17,400
  • Gross Income $41,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 11.00
  • Sp Amt Sq Ft: 10.00
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 7
  • Stoves Total: 7
  • Full Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Egress Windows, Finished, Walkout
  • Kitchens: 7
  • Laundry: Yes

Exterior Features

  • Exterior: Brick, Frame
  • Foundation: Concrete Block
  • Paved: Yes
  • Sidewalk: 1

Garage/Parking

  • Garage: 4+ Detached
  • Off Street Parking: 10

Utilities

  • Air Conditioner: Central, Window Unit
  • Heat: Hot Water
  • Separate Meters: 1

Condo/Co-op/Association

  • Manager: No

Fee Information

  • Total Expense: 17400

Schools

  • School District: Colfax-Mingo

Lot Info

  • Acres: 0.4300
  • Qualifier Acres: More or Less
  • Lot S F: 18944
  • Lot Size: 128 x 148
  • Assessor Parcel Number: 1112129005
  • Zoning: RM

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Electric Tenant, Gas Landlord, Insurance Landlord, Misc Exp Landlord, Water Landlord

Tax Info

  • Assessor Parcel Number: 501SWALNUTSTJASPERCOLFAXMI50054

Multi Family

  • Total Units: 7

MLS Schools

  • School District: Colfax-Mingo

Range of Values:

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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
08/27/2013 08/27/13 Sold $190,000 -9.5% --
08/15/2013 08/15/13 Pending -- -- --
11/26/2012 11/26/12 For Sale $210,000 -- --
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 409714

Des Moines Area Association of REALTORS®

APN: 1112129005