$214,000
$45K PRICE DROP

604 4th St NE Mason City, IA 50401

Estimated payment $1,372/month

Total Views 12,686
3 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 3 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Water Softener is Owned
  • Thermal Windows

About This Home

Exceptional investor/small business owner opportunity. The owner has owned this property for over 25 years in which was used for primary residence, rentals and business. This property is situated on a beautiful over half-acre lot in the city across the street from East Park and sledding hill with close access to the walking trail. Home features three living quarters, one with a 3-bedroom and the upper two as 1-bedroom. Basement has kitchenette, bathroom, laundry hookups and multiple rooms for storage & workshop. Updates are countless to this property: 2009 siding, windows, & gutters, rewired most of the home with some newer pex plumbing, 2024 furnace in garage. Attic offers tons of storage space. Built in 1997, detached 4-car garage (22X45) which was converted into office space/photography studio. Property cash flows, rents total $2026.00 w/options for additional incomes for the garage/office space. City currently removing older homes across street and rebuilding retaining wall

Listing Agent

Roger Flieth

CENTURY 21 PREFERRED License #B43478 Listed on: 03/10/2025

CENTURY 21 PREFERRED

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,260

Year Built

  • Built in 1880

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 99 x 261

Parking

  • 3 Car Detached Garage

Home Design

  • Triplex
  • Stone Foundation
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Thermal Windows
  • Gas Range

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Softener is Owned

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 070345900700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,260

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: MULTI-FAMILY
  • Condition: good
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Windows: Thermal
  • Kitchen Appliances: Gas Range, Refrigerator, Water Softener-Owned

Exterior Features

  • Construction: Frame, Vinyl Siding
  • Foundation: Poured, Stone
  • Roof: Asphalt

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3
  • Garage Parking: Detached, Off Street Parking, Private Parking
  • Parking: Rear parking lot

Utilities

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

Schools

  • School District: Mason City

Lot Info

  • Total Assessed Value: 145290
  • Estimated Lot Sq Ft: 99 x 261
  • Number Of Acres: 0.56
  • Parcel Number: 070345900700
  • Zoning: Z3 - General Urban District

Rental Info

  • Owner Pays: Electric, Gas, Heat, Snow Removal, Trash, Water

Tax Info

  • Year: 2023
  • Taxes: 2260

Multi Family

  • Multi Family Type: Tri-Plex
  • Number Of Units: 3

MLS Schools

  • School District: Mason City

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,260 $145,290 $24,290 $121,000
2023 $936 $145,290 $24,290 $121,000
2022 $1,552 $130,620 $18,690 $111,930
2021 $1,570 $120,990 $18,690 $102,300
2020 $1,569 $120,990 $18,690 $102,300
2019 $1,754 $0 $0 $0
2018 $1,756 $0 $0 $0
2017 $1,548 $0 $0 $0
2016 $1,190 $0 $0 $0
2015 $1,190 $0 $0 $0
2014 $3,078 $0 $0 $0
2013 $3,204 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Price Changed $214,000 0.0% $57 / Sq Ft
05/30/2025 05/30/25 Price Changed $214,000 -2.3% --
04/17/2025 04/17/25 Price Changed $219,000 0.0% $58 / Sq Ft
04/17/2025 04/17/25 Price Changed $219,000 -15.4% --
03/10/2025 03/10/25 For Sale $259,000 0.0% $69 / Sq Ft
03/10/2025 03/10/25 For Sale $259,000 -- --
Source: Mason City Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $118,640 New Conventional
Previous Owner $32,800 Credit Line Revolving
Source: Public Records

Source: Mason City Multiple Listing Service

MLS Number: 250134

Mason City Multiple Listing Service

APN: 07-03-459-00-700