$121,500
SOLD JUL 10, 2025

524 S Washington Ave Unit 1-4 Mason City, IA 50401

4 Beds
4 Baths
2,050 Sq Ft
4,748 Sq Ft Lot

Recently Sold

$59 Per Sq Ft

7% Below List Price

0 Day on Market

About This Home

As of July 2025

This 4-plex is a possible investment or revert back to a single family. Potential to increase in value through renovations which can enhance cash flow and property value. Review the “Rental Property Expenses” to confirm the rental rates, utilities, and other economic indicators to ensure a sound investment. Additionally, explore financing options and consider partnering with management professionals to maximize your earning success.

Last Agent to Sell the Property

HAYSE JORGENSEN

JANE FISCHER & ASSOCIATES LLC License #S71176 Listed on: 04/19/2025

Last Buyer's Agent

Mandi Pralle

REALTY ONE GROUP WELCOME HOME License #S62919

REALTY ONE GROUP WELCOME HOME

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,542

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 66.00 x 72.00

Home Design

  • Quadruplex
  • Block Foundation
  • Aluminum Siding

Schools

  • Roosevelt Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for electric, gas, snow removal, trash, water
  • Assessor Parcel Number 070943001100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,542

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: MULTI-FAMILY
  • Year Built: 1920
  • Miscellaneous: Security Deposit
  • Unit Suite: 1-4
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction: Aluminum Siding
  • Foundation: Block

Garage/Parking

  • Parking: On street

Utilities

  • Flood Insurance: Not Required
  • Heat: Forced Air, Gas
  • Utilities Sewer: City
  • Water: City

Schools

  • School District: Mason City
  • Elementary School: Roosevelt

Lot Info

  • Total Assessed Value: 114,550
  • Estimated Lot Sq Ft: 66.00 x 72.00
  • Parcel Number: 070943001100
  • Zoning: C-N/NEIGH COMM

Rental Info

  • Annual Rent: 27,900
  • Owner Pays: Electric, Gas, Snow Removal, Trash, Water

Tax Info

  • Year: 2023
  • Taxes: 1,542

Multi Family

  • Multi Family Type: Quad
  • Number Of Units: 4

MLS Schools

  • School District: Mason City
  • Elementary School: Roosevelt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2025
Closed on
Jun 7, 2025
Sold by
Clifden Llc
Bought by
River City Rentals Llc
Seller's Agent
HAYSE JORGENSEN
JANE FISCHER & ASSOCIATES LLC
Buyer's Agent
Mandi Pralle
REALTY ONE GROUP WELCOME HOME
List Price
$130,000
Sold Price
$121,500
Premium/Discount to List
-$8,500
-6.54%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.08%
Original Mortgage
$89,950
Outstanding Balance
$89,607
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$31,332

Purchase Details

Closed on
Mar 3, 2021
Sold by
Arends Derek B and Arends Amy J
Bought by
Clifden Llc

Purchase Details

Closed on
Dec 9, 2019
Sold by
Hollinger Marie M Est
Bought by
Arends Derek B and Arends Amy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,500
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $121,500 None Listed On Document
Warranty Deed $90,000 None Available
Executors Deed $58,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $89,950 New Conventional
Previous Owner $43,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Sold $121,500 -6.5% $59 / Sq Ft
04/19/2025 04/19/25 For Sale $130,000 -- $63 / Sq Ft
Source: Mason City Multiple Listing Service

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 $1,586 $99,070 $15,440 $83,630
2023 $1,678 $99,070 $15,440 $83,630
2022 $1,986 $84,760 $11,880 $72,880
2021 $1,562 $81,980 $11,880 $70,100
2020 $1,563 $60,240 $11,880 $48,360
2019 $1,606 $0 $0 $0
2018 $1,690 $0 $0 $0
2017 $1,770 $0 $0 $0
2016 $1,570 $0 $0 $0
2015 $1,570 $0 $0 $0
2014 $1,622 $0 $0 $0
2013 $1,688 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2025

    HAYSE JORGENSEN

    JANE FISCHER & ASSOCIATES LLC

    (641) 512-9197

    7 Total Sales

    HAYSE JORGENSEN
    Section Image
  • Mandi Pralle

    Buyer's Agent in 2025

    Mandi Pralle

    REALTY ONE GROUP WELCOME HOME

    (641) 430-3468

    18 Total Sales

    Mandi Pralle
    Section Image
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Map

Source: Mason City Multiple Listing Service

MLS Number: 250227

Mason City Multiple Listing Service

APN: 07-09-430-01-100

Iowa Cerro Gordo County Mason City 50401

524 S Washington Ave Unit 1-4, Mason City, IA

This home is located at 524 S Washington Ave Unit 1-4, Mason City, IA 50401 and is currently priced at $121,500, approximately $59 per square foot. This property was built in 1920. 524 S Washington Ave Unit 1-4 is a home located in Cerro Gordo County with nearby schools including Mason City High School, North Iowa Christian School, and Mason City Seventh Day Adventi.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Mason City Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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