Seller's Agent in 2024
Kelli Thurston
Legacy Real Estate
(641) 751-8284
196 Total Sales
605 W Nevada St Marshalltown, IA 50158
Estimated Value: $88,069 - $97,000
4
Beds
4
Baths
1,777
Sq Ft
$51/Sq Ft
Est. Value
About This Home
As of August 2024Cash flowing duplex now for sale! Don't miss out on this investment opportunity! This duplex is a registered rental with the city, and each unit is metered separately for all utilities. Unit A has a large living room, bedroom, full bathroom, and kitchen on the main floor. Upstairs in Unit A, there is a second large bedroom with ample storage, and an additional full bathroom. Unit B has a has a living room, bedroom, full bathroom, and kitchen on the main floor. Upstairs, Unit B offers a second large bedroom with a large closet. Each unit has interior access to separate basements, each with their own furnace, water heater, breaker box, and washer/ dryer hook ups. The landlord will rest easy knowing there have been many updates: PEX and PVC plumbing lines, updated 100 amp breaker panels for each unit, several updated windows, and a new roof in 2023. Unit A rented for $650/ mo., Unit B rented for $600/ mo. Call today to schedule your private tour!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,471
Year Built
- Built in 1940
Lot Details
- 7,405
Home Design
- Duplex
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,777 Sq Ft Home
- 1.5-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Additional Features
- 7,405 Sq Ft Lot
- Forced Air Heating System
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $923
- Gross Income $8,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2024
Closed on
Aug 19, 2024
Sold by
Ferneau Gary and Ferneau Lori
Bought by
Rural Revival Properties Llc
Seller's Agent
Kelli Thurston
Legacy Real Estate
Buyer's Agent
Benjamin Nichols
RE/MAX Precision Marshalltown
List Price
$95,000
Sold Price
$87,500
Premium/Discount to List
-$7,500
-7.89%
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,517
Avg. Annual Appreciation
3.58%
Original Mortgage
$84,750
Outstanding Balance
$7,289
Interest Rate
6.95%
Mortgage Type
Construction
Estimated Equity
$83,728
Purchase Details
Closed on
Jan 2, 2007
Sold by
Hays Ronald J and Hays Terva N
Bought by
Ferneau Gary W and Ferneau Lori M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rural Revival Properties Llc | $87,500 | None Listed On Document | |
| Ferneau Gary W | $65,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Rural Revival Properties Llc | $84,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2024 08/19/24 | Sold | $87,500 | -7.9% | $49 / Sq Ft |
| 07/22/2024 07/22/24 | Pending | -- | -- | -- |
| 07/16/2024 07/16/24 | For Sale | $95,000 | -- | $53 / Sq Ft |
Source: NoCoast MLS
Tax History Compared to Growth
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 | $1,218 | $63,070 | $10,910 | $52,160 |
| 2023 | $1,470 | $63,070 | $10,910 | $52,160 |
| 2022 | $1,488 | $65,710 | $5,090 | $60,620 |
| 2021 | $1,422 | $65,710 | $5,090 | $60,620 |
| 2020 | $1,422 | $60,320 | $5,090 | $55,230 |
Source: Public Records
Agents Affiliated with this Home
-
Kelli Thurston
-
Benjamin Nichols
B
Buyer's Agent in 2024
Benjamin Nichols
RE/MAX Precision Marshalltown
(515) 778-1269
31 Total Sales
Map
Source: NoCoast MLS
MLS Number: NOC6319317
APN: 8418-34-277-035
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.
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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