$220,000
SOLD SEP 27, 2024

505 W 4th St Woodward, IA 50276

-- Bed
-- Bath
1,320 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$167 Per Sq Ft

2% Below List Price

21 Days on Market

About This Home

As of September 2024

Duplex in great condition in Woodward! With a great location just down the street from Woodward-Granger High School. Each side of the property offers 2 bedrooms and 2 bathrooms, open living areas, and large basement for storage.

This duplex boasts a large yard, perfect for outdoor activities and relaxation.

Management is made easy with separate utilities and the propertys history of stable, long-term tenants, reflecting its desirability.

Recent updates include new air conditioning units and newer water heaters, ensuring comfort and efficiency. Both sides are in excellent, move-in ready condition for new occupants.

An excellent opportunity for both investors and homeowners, this duplex allows you to live in one unit and rent out the other, making your living situation very affordable.

Contact us today to learn more!

Last Agent to Sell the Property

Jake Escher

RE/MAX REAL ESTATE CENTER License #S66743 Listed on: 07/24/2024

RE/MAX REAL ESTATE CENTER

Co-Listed By

Jayce Schorn-Pedro

RE/MAX REAL ESTATE CENTER License #S66743

Last Buyer's Agent

Member Non

CENTRAL IOWA BOARD OF REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,556

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 70x300

Home Design

  • Duplex
  • Split Level Home
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1,320 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • Gross Income $1,750

Listing and Financial Details

  • Assessor Parcel Number 0406304011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,556

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi-Family
  • Lot Size: 70x300
  • Co List Office Mls Id: REMAX
  • Directions: GPS is accurate for this location
  • Architectural Style: Split level
  • Garage Yn: No
  • Year Built: 1996
  • Foundation:Poured: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Laminate: Yes
  • Exterior:Vinyl: Yes
  • Keywords:Architectural Style2: Split level
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Flooring: Laminate, Carpet
  • Basement:Full2: Yes

Exterior Features

  • Construction Type: Vinyl
  • Foundation Details: Poured

Garage/Parking

  • Keywords:Garage Capacity3: None
  • Keywords:Garage Type3: None
  • Keywords:Parking Spaces2: 1 - 5 Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: Woodward-Granger

Lot Info

  • Parcel #: 0406304011
  • Zoning: Res

Rental Info

  • Who Pays Trash: Tenant
  • Who Pays Water: Tenant

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 1750.0

Tax Info

  • Tax Annual Amount: 3556.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Sep 27, 2024
Sold by
Felton Tate and Felton Bailey
Bought by
Mcmurphy Aaron and Mcmurphy Alison
Seller's Agent
Jake Escher
RE/MAX REAL ESTATE CENTER
Buyer's Agent
Member Non
CENTRAL IOWA BOARD OF REALTORS
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Total Days on Market
21
Views
6
Current Estimated Value
$213,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,959
Avg. Annual Appreciation
-4.68%
Original Mortgage
$176,000
Outstanding Balance
$175,487
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$35,839

Purchase Details

Closed on
May 17, 2021
Sold by
Blair Brice and Blair Maria
Bought by
Felton Tate and Felton Bailey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,250
Interest Rate
2.29%
Mortgage Type
New Conventional
Source: Public Records

Similar Home in Woodward, IA

  • 505 W 4th St, Woodward, IA 50276

    $225,000

    • Studio
    • 2 Baths
    • 1,320 Sq Ft
    • 505 W 4th St
    • Woodward, IA

    Duplex in great condition in Woodward! With a great location just down the street from Woodward-Granger High School. Each side of the property offers 2 bedrooms and 2 bathrooms, open living areas, and large basement for storage.This duplex boasts a large yard, perfect for outdoor activities and relaxation.Management is made easy with separate utilities and the propertys history of

    Jake Escher RE/MAX Real Estate Center

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Range of Values:

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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 $220,000 None Listed On Document
Warranty Deed $192,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $176,000 New Conventional
Previous Owner $19,250 New Conventional
Previous Owner $19,250 Stand Alone Second
Previous Owner $173,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $220,000 -2.2% $167 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $225,000 +60.7% $170 / Sq Ft
05/08/2018 05/08/18 Sold $140,000 +1.8% $212 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $137,500 -- $208 / Sq Ft
Source: Central Iowa Board 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
2023 $1,778 $97,100 $12,920 $84,180
2022 $1,450 $86,190 $9,230 $76,960
2021 $1,450 $70,130 $9,230 $60,900
2020 $1,408 $64,720 $9,230 $55,490
2019 $1,484 $64,720 $9,230 $55,490
2018 $1,484 $62,300 $7,810 $54,490
2017 $1,482 $62,300 $7,810 $54,490
2016 $1,384 $59,280 $7,810 $51,470
2015 $1,654 $71,960 $0 $0
2014 $1,654 $71,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 65295

APN: 04-06-304-011