NOT LISTED FOR SALE

530 S State St Iola, KS 66749

Iola Area

Estimated Value: $190,513

Studio
2 Baths
3,000 Sq Ft
$64/Sq Ft Est. Value

Sale Details

Date Sold: March 22, 2022

Current estimated payment $1,420 / mo

337 Days on Market

Highlights

  • 20,000 Sq Ft lot
  • 1-Story Property
  • 5-minute walk to Riverside Park
  • Business Center

About This Home

As of March 2022

This is your chance to own a thriving laundry business in a college town! Lots of upside potential here, not only do you get the building, washers, dryers and inventory you also get the lot to the North (see pictures)! This laundry has been a staple in the community since 1976. The building has 2 bathrooms and large open area in the back that could be converted into something else. Investments like these are too costly to start from scratch, don't miss your chance to get in on this and get your ROI back in a hurry. Washer and dryer count as well as a aerial view of the 2 properties and a financial breakdown can be found in the supplements.

Last Agent to Sell the Property

Rich Melton

Crown Realty License #SP00239714 Listed on: 03/22/2021

Last Buyer's Agent

Rich Melton

Crown Realty License #SP00239714 Listed on: 03/22/2021

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Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,116

Lot Details

  • 0.46

Parking

  • Unpaved Parking

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property

Additional Features

  • 20,000 Sq Ft Lot
  • Phone Available

Community Details

  • Business Center

Listing and Financial Details

  • Assessor Parcel Number 078-34-0-10-13-007.00-0

Property Details

Property Type

Other

Est. Annual Taxes

$2,116

Lot Details

0.46 Acres

Listing Details

  • Property Type: Commercial
  • Property Sub Type: Business Opportunity
  • Age Description: 41-50 Years
  • Legal Description: PATTEES SUBDIV OF IOLA, S34, T24, R18, LOT 3 & 4
  • Current Use: Laundry
  • Exclude From Reports: No
  • Internet Address Display: Yes
  • Internet Automated Valuation Dis: No
  • Internet Consumer Comment: No
  • Internet Entire Listing Display: Yes
  • List Agent Full Name: Rich Melton
  • List Office Mls Id: CRWN09
  • List Office Name: Crown Realty
  • List Office Phone: 913-215-9004
  • Mls Status: Sold
  • Tax Total Amount: 2116
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Stories: 1

Exterior Features

  • Road Frontage Type: City Street

Garage/Parking

  • Parking Features: Unpaved

Utilities

  • Utilities: Electric, Gas, Phone, Sanitary Sewer, Water

Lot Info

  • In Floodplain: Yes
  • Zoning: C
  • Building Area Total: 3000.00
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 20000.00
  • Parcel Number: 078-34-0-10-13-007.00-0

Rental Info

  • Leased: No

Tax Info

  • Tax Annual Amount: 2116.00

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

Listed on
Mar 22, 2021
Closed on
Mar 22, 2022
Sold by
Bought by
Seller's Agent
Rich Melton
Crown Realty
Buyer's Agent
Rich Melton
Crown Realty
List Price
$159,900
Current Estimated Value
$190,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%

Purchase Details

Closed on
Oct 1, 2004
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
-- Security First Title
$35,000 --
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
03/22/2022 03/22/22 Sold -- -- --
02/22/2022 02/22/22 Pending -- -- --
03/22/2021 03/22/21 For Sale $159,900 -- $53 / Sq Ft
Source: Heartland MLS

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
2026 $4,500 $19,453 $403 $19,050
2025 $4,286 $21,803 $323 $21,480
2024 $3,985 $20,566 $263 $20,303
2022 -- $9,808 $263 $9,545
2020 $1,494 $10,801 $1,368 $9,433
Source: Public Records

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Map

Source: Heartland MLS

MLS Number: 2310878

Heartland MLS

APN: 078-34-0-10-13-007.00-0

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