NOT LISTED FOR SALE

701 E 5th St N Newton, IA 50208

Estimated Value: $206,000 - $214,000

3 Beds
2 Baths
1,852 Sq Ft
$113/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $162,400 $88 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,462/month

130 Days on Market

Highlights

  • 1 Fireplace
  • Formal Dining Room
  • Family Room
  • No HOA
  • Forced Air Heating and Cooling System
  • 4-minute walk to Sunset Park

About This Home

As of February 2022

Is there anything more inviting than a wrap around porch and porch swing? Great home on a Large corner Lot with so much space! Three bedrooms and two bathrooms and a full basement. Large kitchen with dining area plus a formal dining room. Hardwood floors in dining and living rooms plus a fire place make It the perfect cozy space. Two car attached garage. Call a REALTOR today to schedule a showing!

Last Agent to Sell the Property

Krista Clark

Century 21 Signature Listed on: 09/09/2021

Century 21 Signature

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,428

Year Built

  • Built in 1940

Lot Details

  • 9,338 Sq Ft Lot
  • Lot Dimensions are 58x161

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1,852 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Formal Dining Room
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0827377013

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,428

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 83.53
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 87.69
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Partial
  • Sq Ft Bsmt: 780
  • Sq Ft Fin Bsmt: 175
  • Dining Room: Formal Dining Rm
  • Family Room: 1st Floor
  • Living Area Sq Ft: 1852
  • Total Sq Ft: 1852

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Tile
  • Roof: Asphalt Shingle

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Attached
  • Garage Parking Stalls: 2

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Newton

Lot Info

  • Acres: 0.2144
  • Lot S F: 9338
  • Lot Shape: Regular
  • Lot Size: 58X161
  • Assessor Parcel Number: 0827377013
  • Zoning: RES

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 2428.00
  • Net Taxes: 2428.00

MLS Schools

  • School District: Newton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Feb 9, 2022
Sold by
Farrell Properties Inc
Bought by
Hesse Jarrod M and Hesse Shauna M
Seller's Agent
Krista Clark
Century 21 Signature
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$154,700
Sold Price
$162,400
Premium/Discount to List
$7,700
4.98%
Current Estimated Value
$209,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,333
Avg. Annual Appreciation
9.30%
Original Mortgage
$165,656
Outstanding Balance
$156,965
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$61,776
Source: Public Records

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Range of Values:

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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
Hesse Jarrod M $162,500 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hesse Jarrod M $165,656
Closed Hesse Jarrod M $165,656
Previous Owner Invest Iowa Lc $72,000
Previous Owner Farrell Properties Inc $62,372
Previous Owner Rose Leonard D $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $162,400 +5.0% $88 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
12/17/2021 12/17/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $154,700 0.0% $84 / Sq Ft
09/09/2021 09/09/21 For Sale $154,700 -- $84 / Sq Ft
Source: Des Moines Area 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 $3,590 $190,570 $18,440 $172,130
2023 $3,590 $190,570 $18,440 $172,130
2022 $2,716 $160,240 $18,440 $141,800
2021 $2,428 $122,110 $18,440 $103,670
2020 $2,428 $103,510 $16,130 $87,380
2019 $2,152 $89,160 $0 $0
2018 $2,152 $89,160 $0 $0
2017 $2,156 $89,160 $0 $0
2016 $2,156 $89,160 $0 $0
2015 $2,102 $89,160 $0 $0
2014 $2,022 $89,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 637322

Des Moines Area Association of REALTORS®

APN: 08-27-377-013