NOT LISTED FOR SALE

607 3rd St NE Mason City, IA 50401

Estimated Value: $65,000 - $103,000

2 Beds
2 Baths
-- Sq Ft
4,269 Sq Ft Lot

Last Sold October 31, 2017

Last sale price $47,500

Est. 85% increase in value since last sale

Current estimated payment $559/month

87 Days on Market

About This Home

As of October 2017

Attention Investors!! This property would make a great first investment or an addition to your portfolio. Up and down duplex. Both units are 2 bedroom. Newer Windows. This property can be included in a package purchase with other properties. Call your Realtor today and start cash flowing!

Last Agent to Sell the Property

Andrew Carlson

Lake-Iowa Realty Listed on: 07/28/2017

Lake-Iowa Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $994

Year Built

  • Built in 1910

Lot Details

  • 4,269

Home Design

  • Duplex

Additional Features

  • Carpet
  • 2 Bedrooms

Community Details

  • 2 Units
  • Gross Income $12,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$994

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: per legal record
  • Municipality: Mason City
  • Year Built: 1910
  • Stories: 2 Stories
  • OFFICELIST_ADDRESS: 607 3rd Street NE
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2017-07-28
  • List Office I D: 1003
  • M L Number Foreign: NCIR62017933
  • Sales Office I D: 977
  • Selling Agent: 1121
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Street
  • Building Style: Duplex Other
  • Unit 1 Annual Rent: 6600
  • Unit 1 Bedrooms: 2
  • Unit 1 Month Rent: 550
  • Unit 1 Number of Units: 1
  • Unit 2 Annual Rent: 5820
  • Unit 2 Month Rent: 485
  • Unit 2 Number of Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Room Types: Unit1 Bedroom 1, Unit1 Bedroom 2, Unit1 Bedroom 3, Unit1 Bedroom 4, Unit1 Dining Room, Unit1 Extra Room 1, Unit1 Extra Room 2, Unit1 Extra Room 3, Unit1 Extra Room 4, Unit1 Extra Room 5, Unit1 Extra Room 6, Unit1 Family Room, Unit1 Kitchen, Unit1 Living Room, Unit2 Bedroom 1, Unit2 Bedroom 2, Unit2 Bedroom 3, Unit2 Bedroom 4, Unit2 Dining Room, Unit2 Extra Room 1, Unit2 Extra Room 2, Unit2 Extra Room 3, Unit2 Extra Room 4, Unit2 Extra Room 5, Unit2 Extra Room 6, Unit2 Family Room, Unit2 Kitchen, Unit2 Living Room, Unit3 Bedroom 1, Unit3 Bedroom 2, Unit3 Bedroom 3, Unit3 Bedroom 4, Unit3 Dining Room, Unit3 Extra Room 1, Unit3 Extra Room 2, Unit3 Extra Room 3, Unit3 Extra Room 4, Unit3 Extra Room 5, Unit3 Extra Room 6, Unit3 Family Room, Unit3 Kitchen, Unit3 Living Room, Unit4 Bedroom 1, Unit4 Bedroom 2, Unit4 Bedroom 3, Unit4 Bedroom 4, Unit4 Dining Room, Unit4 Extra Room 1, Unit4 Extra Room 2, Unit4 Extra Room 3, Unit4 Extra Room 4, Unit4 Extra Room 5, Unit4 Extra Room 6, Unit4 Family Room, Unit4 Kitchen, Unit4 Living Room

Utilities

  • Heating: Other

Condo/Co-op/Association

  • Common Features: Carpets

Fee Information

  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Schools

  • School District: Mason City

Lot Info

  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 23 x 115 and 16 x 99
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Multi Family

  • Tenant Expenses: Cable T.V., Electricity
  • Total Units: 2
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

MLS Schools

  • School District: 4131 - Mason City
  • School District Name: Mason City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2017
Closed on
Sep 27, 2017
Sold by
Fritzler Family Enterprises Llc
Bought by
Platts David D and Platts Sherri A
Seller's Agent
Andrew Carlson
Lake-Iowa Realty
List Price
$55,000
Sold Price
$47,500
Premium/Discount to List
-$7,500
-13.64%
Current Estimated Value
$88,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,523
Avg. Annual Appreciation
7.98%
Original Mortgage
$33,750
Outstanding Balance
$28,549
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$58,310

Purchase Details

Closed on
Feb 7, 2015
Sold by
Graf Family Properties Llc
Bought by
Fritzler Family Enterprises Llc

Purchase Details

Closed on
Oct 12, 2011
Sold by
Graf Family Properties Llc
Bought by
Fritzler Family Enterprises Llc

Purchase Details

Closed on
Oct 3, 2011
Sold by
Graf Family Properties Llc
Bought by
Fritzler Family Enterprises Llc

Purchase Details

Closed on
Sep 29, 2006
Sold by
Baltierra Martin J and Baltierra Lisa A
Bought by
Otool Randy C and Otool Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,405
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
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 Buyer Sale Price Title Company
Platts David D -- None Available
Fritzler Family Enterprises Llc -- None Available
Fritzler Family Enterprises Llc -- None Available
Fritzler Family Enterprises Llc -- None Availabale
Otool Randy C $43,000 None Available
O Tool Randy C $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Platts David D $33,750
Previous Owner Fritzler Family Enterprises Llc $93,750
Previous Owner Graf Family Properties Llc $42,400
Previous Owner Oberg Brandi J $31,500
Previous Owner Otool Randy C $43,405
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2017 10/31/17 Sold $47,500 -13.6% --
10/23/2017 10/23/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $55,000 -- --
Source: NoCoast MLS

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 $994 $62,070 $7,140 $54,930
2023 $960 $62,070 $7,140 $54,930
2022 $982 $48,510 $5,500 $43,010
2021 $1,074 $47,700 $5,500 $42,200
2020 $1,074 $49,520 $5,500 $44,020
2019 $954 $0 $0 $0
2018 $844 $0 $0 $0
2017 $864 $0 $0 $0
2016 $842 $0 $0 $0
2015 $842 $0 $0 $0
2014 $844 $0 $0 $0
2013 $814 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5467022

NoCoast MLS

APN: 07-10-204-00-200