NOT LISTED FOR SALE

714 4th Ave Grinnell, IA 50112

Estimated Value: $233,740

-- Bed
2 Baths
3,328 Sq Ft
$70/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $118,500 $36 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,527/month

693 Days on Market

Highlights

  • 2 Kitchens
  • Forced Air Heating and Cooling System
  • 3-minute walk to Merrill Park
  • No HOA

About This Home

As of July 2019

Commercial/multi-residential building with lots to offer! A 3328 sq.ft. multi-purpose building located on the southern side of downtown Grinnell Iowa. Building includes restaurant space, equipment and a connected apartment with living area, kitchen, laundry, full bath, and a bedroom. There is an additional area that could easily be converted into an efficiency apartment if heating is installed. Both the commercial space and connected apartment have central AC and gas heat. Equipment in restaurant space is included in price. Established commercial/multi-residential building in the heart of Grinnell's downtown sector, within walking distance of any place downtown and conveniently located near a main highway. Call today to see all that this building has to offer!

Last Agent to Sell the Property

Andrew Plate

Ramsey Weeks Real Estate Listed on: 07/28/2017

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,500 Sq Ft Lot
  • Lot Dimensions are 55x100

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 2 Bathrooms
  • 3,328 Sq Ft Home
  • Laminate Flooring
  • Fire and Smoke Detector
  • 2 Kitchens

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0755600

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Lp Amt Sq Ft: 47.78
  • Sp Amt Sq Ft: 35.61
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Fire Alarm, Laminate Floors, See Remarks
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Kitchens: 2
  • Included Items: See Remarks
  • Living Area Sq Ft: 3328
  • Partial Bathrooms: 1
  • Total Sq Ft: 3328

Exterior Features

  • Exterior: Brick
  • Roof: Rubber
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete, Gravel

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1300
  • Lot S F: 5500
  • Lot Size: 55X100
  • Assessor Parcel Number: 0755600
  • Zoning: M

Tax Info

  • Gross Taxes: 3433.00
  • Net Taxes: 2164.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: GrinnellNewburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2024
Sold by
Ati Equity Llc
Bought by
Schlabach Travis Keith and Schlabach Allison Lea
Current Estimated Value
$233,740
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schlabach Travis Keith $225,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2019 07/26/19 Sold $118,500 -35.2% $36 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
07/28/2017 07/28/17 For Sale $183,000 -- $55 / 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
2025 $3,582 $215,200 $51,430 $163,770
2024 $2,192 $184,390 $46,750 $137,640
2023 $2,332 $133,070 $46,750 $86,320
2022 $2,312 $123,310 $37,400 $85,910
2021 $2,312 $123,310 $37,400 $85,910
2020 $2,524 $123,310 $37,400 $85,910
2019 $2,334 $123,310 $37,400 $85,910
2018 $2,164 $111,830 $30,290 $81,540
2017 $2,228 $111,830 $30,290 $81,540
2016 $2,254 $111,830 $30,290 $81,540
2015 -- $111,830 $30,290 $81,540
2014 -- $108,400 $25,250 $83,150
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 557245

Des Moines Area Association of REALTORS®

APN: 180-0755600