NOT LISTED FOR SALE

623 New York Ave Creston, IA 50801

Estimated Value: $416,258

1 Bed
1 Bath
3,027 Sq Ft
$138/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $85,000 $28 Per Sq Ft

Est. 390% increase in value since last sale

Current estimated payment $2,944/month

12 Days on Market

Highlights

  • 1-Story Property
  • Hot Water Heating System
  • Carpet

About This Home

As of April 2019

Affordable Investment Property located in Prime Location - Hwy 34 in Creston IA!! This complex offers six (6) Extended Stay Suites available as temporary housing for employees on work assignments, relocation to area for training or college courses, or long term rentals for retirees or homeowners in-between houses or remodeling. Located near grocery stores, fast-food, banking and restaurants. Each unit is equipped with cable television and has one bedroom with seating/living area and kitchen complete with stovetop, refrigerator, and cabinetry. Laundry facilities are also available on site. Recent improvements to individual units. Overall complex improvements include new shingles, windows caulked and freshly painted in 2017. Call for more detailed information and to schedule a private walk-through.

Last Agent to Sell the Property

Amy Stults

Creston Realty Listed on: 02/08/2019

Last Buyer's Agent

Dino Groumoutis

Creston Realty License #***

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1965

Lot Details

  • 9,148

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,027 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • 9,148 Sq Ft Lot
  • Hot Water Heating System

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $1,800
  • Maintenance Expense $2,400
  • Gross Income $26,000

Property Details

Home Type

Apartment

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: Parcel T of South Hill Lot 14 as per abstract
  • Municipality: Creston
  • Year Built: 1965
  • Stories: 1 Story
  • OFFICELIST_ADDRESS: 623 Avenue
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2019-02-08
  • List Office I D: 142
  • M L Number Foreign: WCIR20157022
  • Sales Office I D: 142
  • Selling Agent: 1184
  • Share Listings With: Broker Reciprocity, CoreLogic Listing License, Homes.com, Realtor.com, RPR Listing License
  • Building Style: Apartment
  • Unit 1 Appliances: Range, Refrigerator
  • Unit 1 Annual Rent: 4500
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Month Rent: 375
  • Unit 1 Number of Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Price Per S Q F T: 28.08
  • Above Grade Finished Sq Ft: 3027
  • 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

Exterior Features

  • Exterior: Vinyl, Brick/Stone
  • Road Frontage: Sidewalks, Other
  • Roof: Other

Utilities

  • Heating: Hot Water

Condo/Co-op/Association

  • Common Features: Blinds/Shades, Carpets, Common Util. Room, Pet Restrictions, Private Entrance

Fee Information

  • Annual Expense: 19620
  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Lot Info

  • Acres: 0.21
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: .21
  • Lot Size Sq Ft: 9147.6
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Multi Family

  • Expense Insurance: 1800
  • Expense Maintenance: 2400
  • Expense Water Sewer: 130
  • Total Units: 6
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

Tax Info

  • Gross Taxes: 2400

MLS Schools

  • School District: Polk County School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2021
Sold by
Green Space Llc
Bought by
Eblen Mike and Eblen Karen
Current Estimated Value
$416,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$168,059
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$248,199
Source: Public Records

Range of Values:

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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
Eblen Mike $325,000 Douglas D Daggett Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eblen Mike $250,000
Closed Eblen Mike $250,000
Previous Owner Wach Investments Llc $92,500
Previous Owner Green Space Llc $134,224
Previous Owner Green Space Llc $104,000
Closed Eblen Mike $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $85,000 -14.1% $28 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $99,000 -- $33 / Sq Ft
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 $8,112 $303,020 $75,600 $227,420
2023 $8,248 $290,710 $75,600 $215,110
2022 $7,314 $266,430 $75,600 $190,830
2021 $7,314 $266,430 $75,600 $190,830
2020 $7,432 $266,430 $75,600 $190,830
2019 $7,042 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Amy Stults

    Creston Realty

  • Dino Groumoutis

    Buyer's Agent in 2019

    Dino Groumoutis

    Creston Realty

    (641) 202-0156

    145 in this area

    166 Total Sales

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Map

Source: NoCoast MLS

MLS Number: NOC5428309

NoCoast MLS

APN: 0511476012

Iowa Union County Creston 50801

623 New York Ave, Creston, IA

This home is located at 623 New York Ave, Creston, IA 50801 since 08 February 2019 and is currently estimated at $416,258, approximately $137 per square foot. This property was built in 1965. 623 New York Ave is a home located in Union County with nearby schools including Creston Early Childhood Center, Creston Elementary School, and Creston Middle School.

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.

NoCoast MLS 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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