NOT LISTED FOR SALE

612 Central Ave Northwood, IA 50459

Estimated Value: $189,526

Studio
-- Bath
2,632 Sq Ft
$72/Sq Ft Est. Value

Last Sold November 01, 2023

Last sale price $175,000 $66 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,079/month

10 Days on Market

About This Home

As of November 2023

Introducing a versatile commercial property with four distinct suites, this listing presents an excellent opportunity for investors and entrepreneurs. The main floor apartment boasts the convenience of an attached garage, while the other three suites offer detached garages for added flexibility. Among these suites are two spacious two-bedroom units, a one very large bedroom option, and a storefront that's ideal for various business ventures. With its convenient location and a price that suits your budget, this property is perfectly suited for a range of purposes. Don't miss out on this exceptional opportunity for commercial real estate success.

Last Agent to Sell the Property

KRISTINE GORDON

Realty ONE Group Black Diamond Listed on: 09/18/2023

Last Buyer's Agent

KRISTINE GORDON

Realty ONE Group Black Diamond Listed on: 09/18/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,840

Lot Details

  • 5,576

Parking

  • 4 Car Garage

Home Design

  • 2,632 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation
  • Block Exterior

Utilities

  • Forced Air Heating System

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $60
  • Fuel Expense $220
  • Insurance Expense $157
  • Maintenance Expense $75
  • Trash Expense $30
  • Gross Income $2,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,840

Lot Details

0

Listing Details

  • Accessible: None
  • Legal Description: Worth County, Northwood IA Parcel ID 03-29-486-009 and Parcel ID 03-29-486-008
  • Municipality: Northwood
  • Year Built: 2632
  • Stories: 2 Stories
  • OFFICELIST_ADDRESS: 612 Central Ave
  • Distribute To Internet: Yes
  • List Office I D: 2760
  • Sales Office I D: 2760
  • Selling Agent: 4111
  • Building Style: Other
  • Unit 1 B2 Level: Upper
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Dining Room Level: Upper
  • Unit 1 Kitchen Level: Upper
  • Unit 1 Living Room Level: Upper
  • Unit 1 Number of Units: 1
  • Unit 2 B1 Level: Main
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Total Bathrooms: 1
  • Unit 2 Bedrooms: 1
  • Unit 2 Dining Room Level: Main
  • Unit 2 Kitchen Level: Main
  • Unit 2 Living Room Level: Main
  • Unit 2 Number of Units: 2
  • Unit 3 B1 Level: Upper
  • Unit 3 B2 Level: Upper
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Total Bathrooms: 1
  • Unit 3 Bedrooms: 2
  • Unit 3 Dining Room Level: Upper
  • Unit 3 Kitchen Level: Upper
  • Unit 3 Living Room Level: Upper
  • Unit 3 Number of Units: 3
  • Unit 4 Bathrooms Half: 1
  • Unit 4 Total Bathrooms: 1
  • Unit 4 Number of Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Basement: Slab
  • Price Per S Q F T: 66.49
  • Above Grade Finished Sq Ft: 2632
  • Fireplace: No
  • Total Finished Sq Ft: 2632

Exterior Features

  • Exterior: Brick/Stone, Block

Garage/Parking

  • Fuel: Natural Gas

Utilities

  • Garage Stalls: 4
  • Heating: Forced Air, Other
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Fee Information

  • Expense Caretaker: 75
  • Expense Electric: 60
  • Expense Fuel: 220
  • Expense Repair: 75
  • Annual Expense: 9504
  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Lot Info

  • Geo Update Timestamp: 2023-09-19
  • Assessment Pending: Unknown
  • Homestead Description: None
  • Lot Dimensions: 48x116 Parcel ID 03-29-486-009 36x116 Parcel ID 03-29-486-008
  • Lot Size Units: Acres

Multi Family

  • Expense Insurance: 157
  • Expense Maintenance: 75
  • Expenses: 792
  • Expense Trash: 30
  • Expense Water Sewer: 100
  • Total Units: 3

Tax Info

  • Tax Year: 2022
  • Gross Taxes: 1840
  • Net Taxes: 1074

MLS Schools

  • School District: 4788 - Northwood-Kensett

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Oct 30, 2023
Sold by
Low June
Bought by
Ramirez Manuel
Seller's Agent
KRISTINE GORDON
Realty ONE Group Black Diamond
Buyer's Agent
KRISTINE GORDON
Realty ONE Group Black Diamond
List Price
$200,000
Sold Price
$175,000
Premium/Discount to List
-$25,000
-12.5%
Views
39
Current Estimated Value
$189,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,526
Avg. Annual Appreciation
3.64%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ramirez Manuel $175,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2023 11/01/23 Sold $175,000 -12.5% $66 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $200,000 -- $76 / Sq Ft
Source: NoCoast MLS

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
2025 $882 $68,816 $9,504 $59,312
2024 $882 $57,410 $9,504 $47,906
2023 $1,074 $57,410 $9,504 $47,906
2022 $1,492 $61,003 $7,128 $53,875
2021 $1,102 $61,003 $7,128 $53,875
2020 $1,102 $57,227 $7,128 $50,099
2019 $1,132 $57,227 $7,128 $50,099
2018 $1,150 $51,178 $7,575 $43,603
2017 $1,176 $51,178 $7,575 $43,603
2016 $1,146 $51,178 $0 $0
2015 $1,146 $0 $0 $0
2014 $1,414 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6311537

NoCoast MLS

APN: 0329486009