NOT LISTED FOR SALE

511 Railroad Ave Correctionville, IA 51016

7 Beds
4 Baths
2,880 Sq Ft
0.47 Acres

Last Sold May 26, 2022

Last sale price $210,000 $73 Per Sq Ft

1 Day on Market

About This Home

As of May 2022

4 plex investment opportunity in Correctionville. The seller has done a number of updating including flooring, kitchen cabinets and paint in most apartments. 3 two bedroom units and 1 one bedroom unit. Shared laundry available with current tenants in place with great renting history. 6 off street parking spots available.

Last Agent to Sell the Property

Rachel Raak-Law

United Real Estate Solutions Listed on: 04/07/2022

United Real Estate Solutions

Last Buyer's Agent

Lori Clements

NAI United

NAI United

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,912

Year Built

  • Built in 1978

Lot Details

  • 0.47 Acre Lot

Home Design

  • 2,880 Sq Ft Home

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 19193-894234476027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,912

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Legal Description: CORRECTIONVILLE CITY A TCT IN PT SE SE OF 34-89-42 DESCRIBED AS COM SE COR OF SE SE THNC N 197.3',THNC NW 868.42', THNC SW 15',THNC NW 90' TO POB; THNC NW 62.71',THNC W 30.6',THNC NW 12.13',THNC N 45.25',THNC NE 120.74',THNC SW 127.46', THNC SW 120' TO
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2880
  • Main Level Sq Ft: 1440
  • Sq Ft Below Grade Finishe: 1440
  • Price Per Sq Ft: 72.92

Garage/Parking

  • Off Street Parking: 6

Utilities

  • Flood Insurance: Unverified
  • Sewer Type: City
  • Water Type: City

Lot Info

  • Acres: 0.47
  • Lot Sq Ft: 20,473
  • Parcel Number: 19193-894234476027
  • Zoning: res

Rental Info

  • Paid By Electric: Tenant
  • Paid By Gas: Tenant
  • Paid By Water: Owner

Tax Info

  • Gross Taxes: 1912
  • Tax Database Id: 1
  • Assessor Parcel Number: 19193-894234476027

Multi Family

  • Rental Income: 2025
  • Electric Separate By Unit: Yes
  • Number Of Units: 4

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $210,000 -2.3% $73 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $215,000 -- $75 / Sq Ft
Source: Northwest Iowa Regional Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 816773

Northwest Iowa Regional Board of REALTORS®