NOT LISTED FOR SALE

611 1st St Glenwood, IA 51534

Estimated Value: $200,000 - $233,000

4 Beds
2 Baths
1,920 Sq Ft
$114/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $212,000 $110 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,546/month

31 Days on Market

About This Home

As of April 2024

This updated duplex is an excellent investment opportunity with newer finishes inside, a new roof, new plumbing & water lines, & water heaters. Tenants have leases in place.

Last Agent to Sell the Property

Amy Haggstrom

eXp Realty License #S63523000 Listed on: 02/19/2024

Last Buyer's Agent

Jenn Tucker

Better Homes and Gardens Real Estate The Good Life Group License #S69079000

Better Homes and Gardens Real Estate The Good Life Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,186

Year Built

  • Built in 1920

Lot Details

  • 0.28

Home Design

  • Frame Construction
  • Composition Roof

Schools

  • Glenwood Elementary And Middle School
  • Glenwood High School

Additional Features

  • 2-Story Property
  • Lot Dimensions are 105 x 116
  • Air Conditioning

Community Details

  • Gross Income $22,800

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for garbage, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,186

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Inspections: Self Inspected
  • Miscellaneous: Individual Elec Mtrs, Individual Wtr Mtrs, Individual Gas Mtrs
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2.0
  • Stories: Two
  • Appliances: Dryer, Washer, Stove, Refrigerator
  • Features: Carpets, Private Entrance

Beds/Baths

  • Half Bathrooms: None
  • Full Bathrooms: Two
  • Sleeping Rooms: Three

Exterior Features

  • Roof: Composition
  • Exterior: Frame

Garage/Parking

  • Garage: None
  • Parking: 1 - 3

Utilities

  • Heat Cooling: Central A/C
  • Utilities Paid by Owner: Garbage, Water
  • Utilities Paid by Renter: Electric, Gas

Schools

  • School District: Glenwood
  • Elementary School: GLENWOOD
  • Middle School: Glenwood
  • High School: Glenwood
  • Elementary School: GLENWOOD
  • High School: Glenwood
  • Jr High: Glenwood
  • School District: Glenwood

Lot Info

  • Lot Size: 105 x 116
  • Zoning: Residential

Building Info

  • Year Built: 1920
  • Building Sq Ft: 1920.00

Tax Info

  • Current REIDS Year Paid: N/A
  • Assessed Improvement Value: 135620.00
  • Assessed Land Value: 21499.00
  • Gross Taxes: 2768.35
  • Net Taxes: 2768.00
  • Tax Year: 2022
  • Total Assessed Value: 157119.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
Apr 18, 2024
Sold by
Tilley Andrew and Tilley Mikayla
Bought by
King Family Properties Llc
Seller's Agent
Amy Haggstrom
eXp Realty
Buyer's Agent
Jenn Tucker
Better Homes and Gardens Real Estate The Good Life Group
List Price
$225,000
Sold Price
$212,000
Premium/Discount to List
-$13,000
-5.78%
Views
88
Current Estimated Value
$236,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,644
Avg. Annual Appreciation
2.08%
Original Mortgage
$148,400
Outstanding Balance
$113,662
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$104,482

Purchase Details

Closed on
Apr 25, 2022
Sold by
Wright Susan C
Bought by
Tilley Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,875
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2018
Sold by
Ring Shirley
Bought by
Wright Todd O and Wright Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,135
Interest Rate
4.5%
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 Buyer Sale Price Title Company
King Family Properties Llc $212,000 None Listed On Document
King Family Properties Llc $212,000 None Listed On Document
Tilley Andrew $197,500 None Listed On Document
Wright Todd O $44,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Family Properties Llc $148,400
Closed King Family Properties Llc $148,400
Previous Owner Tilley Andrew $167,875
Previous Owner Wright Todd O $115,032
Previous Owner Wright Todd O $250,135
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $212,000 -1.4% $110 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/11/2024 03/11/24 Price Changed $215,000 -4.4% $112 / Sq Ft
02/19/2024 02/19/24 For Sale $225,000 -- $117 / Sq Ft
Source: Southwest Iowa Association of Realtors®

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 $3,186 $182,451 $36,548 $145,903
2023 $2,768 $157,119 $21,499 $135,620
2022 $2,700 $124,383 $21,499 $102,884
2021 $2,508 $124,383 $21,499 $102,884
2020 $2,508 $108,555 $21,499 $87,056
2019 $2,094 $91,084 $0 $0
2018 $2,052 $91,084 $0 $0
2017 $2,052 $87,921 $0 $0
2016 $1,750 $87,921 $0 $0
2015 $1,750 $87,921 $0 $0
2014 $1,744 $87,921 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Iowa Association of Realtors®

MLS Number: 24-281

Southwest Iowa Association of Realtors®

APN: 055740000000000