NOT LISTED FOR SALE

504 6th St Wellman, IA 52356

8 Beds
-- Bath
3,500 Sq Ft
2003 Built

Sale Details

Date Sold: March 31, 2014

Last sale price $230,000 $66 Per Sq Ft

5 Days on Market

Highlights

  • Clubhouse
  • Property is near schools and shops
  • Baseboard Heating
  • Living Room
  • Dining Room

About This Home

As of March 2014

Fantastic 6 plex located 20 minutes south of Iowa City with an excellent rental history. All units are 2 bedrooms, 1 bath, washer and dryer units in the unit and rent for $540 per month. Property has electric heat and the tenant pays for the electric; landlord pays for the water, sewer, and garbage. Within walking distance of both elementary and high school and located right on the golf course. Please contact listing agent regarding the maintenance expense on the property.

Last Agent to Sell the Property

Jessica Yoder

KALONA REALTY, INC. Listed on: 02/20/2014

Last Buyer's Agent

Jessica Yoder

KALONA REALTY, INC. Listed on: 02/20/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Interior Spaces

  • 3,500 Sq Ft Home
  • Living Room
  • Dining Room

Location

  • Property is near schools and shops

Schools

  • Mid Prairie Elementary And Middle School
  • Mid Prairie High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 01-13-458-002

Community Details

Overview

  • 6 Units
  • Smith Addition Subdivision

Additional Features

  • Clubhouse
  • Insurance Expense $2,326

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: Fantastic 6 plex located 20 minutes south of Iowa City with an excellent rental history. All units are 2 bedrooms, 1 bath, washer and dryer units in the unit and rent for $540 per month. Property has electric heat and the tenant pays for the electric; landlord pays for the water, sewer, and garbage. Within walking distance of both elementary and high school and located right on the golf course. Please contact listing agent regarding the maintenance expense on the property.
  • T Val: 230000
  • Year Built: 2003
  • Subdivision: Smith Addition
  • Rental Permit: Yes
  • Directions: Hwy 22 to 6th Street
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Clubhouse, Street Lights, Close to School, Close to Shopping
  • Possession R: At Closing, Immediate
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Sq Ft Above: 3500
  • Lower Level Sq Ft: 1750

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Window/Wall Units, Electric, Baseboard

Schools

  • High School: Mid Prairie
  • Jr Middle School: Mid Prairie
  • Elementary School: Mid Prairie

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 20,000
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 01-13-458-002

Multi Family

  • Units Total: 6

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
0.0628%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
0.0581%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2017
Sold by
Bought by

Purchase Details

Closed on
Apr 13, 2017
Sold by
Bought by

Purchase Details

Closed on
Dec 28, 2016
Sold by
Bought by

Purchase Details

Closed on
Oct 1, 2015
Sold by
Bought by

Purchase Details

Closed on
Sep 5, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
0.041%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 20, 2014
Closed on
Mar 31, 2014
Sold by
Bought by
Seller's Agent
Jessica Yoder
KALONA REALTY, INC.
Buyer's Agent
Jessica Yoder
KALONA REALTY, INC.
List Price
$259,900
Sold Price
$230,000
Premium/Discount to List
-$29,900
-11.5%

Purchase Details

Closed on
Dec 30, 2013
Sold by
Bought by

Purchase Details

Closed on
Oct 22, 2013
Sold by
Bought by

Purchase Details

Closed on
Sep 26, 2013
Sold by
Bought by

Purchase Details

Closed on
May 16, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
0.0351%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 28, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 19, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 15, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
0.0477%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
0.05%
Mortgage Type
USDA

Purchase Details

Closed on
Nov 1, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 8, 2006
Sold by
Bought by

Purchase Details

Closed on
Feb 27, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
0.0633%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 29, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
0.0634%
Mortgage Type
Unknown
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$450,000 None Listed On Document
$420,000 None Listed On Document
$209,000 None Available
-- None Available
-- None Available
-- None Available
$600,000 None Available
$230,000 None Available
$417,000 None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- --
-- None Available
-- None Available
-- --
-- --
$74,000 --
$121,500 --
$121,000 --
$238,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $600,000
Previous Owner $350,000
Previous Owner $250,000
Previous Owner $460,757
Previous Owner $165,000
Previous Owner $35,000
Previous Owner $77,400
Previous Owner $15,129
Previous Owner $1,091,028
Previous Owner $128,000
Previous Owner $100,000
Previous Owner $127,189
Previous Owner $194,000
Previous Owner --
Previous Owner $240,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/31/2014 03/31/14 Sold $230,000 -11.5% $66 / Sq Ft
02/25/2014 02/25/14 Pending -- -- --
02/20/2014 02/20/14 For Sale $259,900 -- $74 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,156 $427,000 $33,000 $394,000
2024 $7,156 $406,500 $33,000 $373,500
2023 $4,890 $349,900 $33,000 $316,900
2022 $5,660 $250,000 $33,000 $217,000
2021 $5,660 $250,000 $33,000 $217,000
2020 $6,144 $238,500 $33,000 $205,500
2019 $6,240 $228,700 $0 $0
2018 $6,456 $228,700 $0 $0
2017 $6,456 $233,200 $0 $0
2016 $7,086 $233,200 $0 $0
2015 $7,086 $203,300 $0 $0
2014 $6,476 $203,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20141043

Iowa City Area Association of REALTORS®
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