NOT LISTED FOR SALE

616 S Main St Monticello, IA 52310

Estimated Value: $126,352

-- Bed
-- Bath
3,284 Sq Ft
$38/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $107,000 $33 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $853/month

110 Days on Market

About This Home

As of February 2022

This property comes complete with a full 12' X 19' kitchen and a 24' X 7' Walk-In / Reach In cooler with 8 reach in doors. This property is in a great location on a busy Main St. near downtown Monticello, Ia. A 9' X 8' private office, a 11' X 13' Utility / Storage closet. The furnace and cooling system were replaced in 2017. There is also a 40' X 28' unattached garage that sits on this property and is ready to be used for your own personal storage or lease out this space for added income. It would also make a great mechanics shop or a detail shop. It could also be utilized as an office building, a restaurant, a salon, a convenience / liquor store. The possibilities are endless. You must see it to imagine the possibilities. All measurements, percentages seating and restaurant information nis approximate and should be verified by the Buyer and/or their Real Estate Agent. 2100 sq. ft of main building and 1120 sq. ft. of unattached garage for a total of 3220 sq. ft. of space (MOL)

Last Agent to Sell the Property

Mike McManus

Ruhl&Ruhl REALTORS DeWitt License #S62006000/475.162008 Listed on: 08/18/2021

Ruhl&Ruhl REALTORS DeWitt

Last Buyer's Agent

Non-Member Non-Member

Non-Member

Property Details

Property Type

  • Other

Lot Details

  • 0.32

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for all

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Restaurant, Retail
  • Bar: No
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Tile/Vinyl
  • Gaming Room Area: No
  • Kitchen Sq Ft Or Percent R: 228
  • Maximum Ceiling Ht Feet: 9
  • Maximum Ceiling Ht Inch: 108
  • Min Ceiling Ht Feet: 8
  • Min Ceiling Ht Inches: 96
  • Other Access: None
  • Total Building Sq Ft: 2100
  • Estimated Lot Sq Ft: 14110

Exterior Features

  • Exterior Finish: Block, Vinyl
  • Frontage Access: City Street, Paved 4Lane
  • Insulation: Other Insulation, Unknown
  • Roof Construction: Flat
  • Wall Construction: Block
  • Outdoor Dining Patio R: No
  • Seating Area Sqft Or Percent R: 1600

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 0.32
  • Zoning: Commercial
  • Geo Subdivision: IA
  • Irregular Lot: No
  • Lot Size Remarks: This lot is approximately .32 acres or 14110 Sq, Ft. (MOL)
  • Property Use: Freestanding Building, Office Building

Rental Info

  • Owner Pays: None
  • Tenant Pays: All
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 2982
  • Parcel Id Number Tax Id: 0227153008
  • Tax Incentive: None
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2022
Sold by
Nelson Tum
Bought by
Tums Auto Sales Llc
Current Estimated Value
$126,352

Purchase Details

Listed on
Aug 18, 2021
Closed on
Feb 4, 2022
Sold by
Shakti Enterprise Llc
Bought by
Tum Nelson
Seller's Agent
Mike McManus
Ruhl&Ruhl REALTORS DeWitt
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$149,900
Sold Price
$107,000
Premium/Discount to List
-$42,900
-28.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
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
Tums Auto Sales Llc -- None Listed On Document
Tum Nelson $107,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2022 02/04/22 Sold $107,000 -28.6% $33 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $149,900 -- $46 / Sq Ft
Source: RMLS Alliance

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
2025 $2,196 $138,690 $35,280 $103,410
2024 $2,196 $117,600 $35,280 $82,320
2023 $2,100 $117,600 $35,280 $82,320
2022 $2,106 $109,550 $35,280 $74,270
2021 $2,560 $109,550 $35,280 $74,270
2020 $3,149 $148,240 $35,280 $112,960
2019 $4,794 $148,240 $0 $0
2018 $4,848 $0 $0 $0
2017 $4,694 $0 $0 $0
2016 $4,804 $0 $0 $0
2015 $4,804 $119,270 $0 $0
2014 $3,904 $152,090 $0 $0
2013 $4,376 $152,090 $34,540 $117,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4225381

RMLS Alliance

APN: 02-27-153-008