NOT LISTED FOR SALE

725 Prospect St Lamont, IA 50650

-- Bed
-- Bath
2,765 Sq Ft
1.03 Acres

Last Sold August 10, 2023

Last sale price $167,000 $60 Per Sq Ft

69 Days on Market

About This Home

As of August 2023

Rare find brick 4 plex in rural small town - Lamont - Gateway to Backbone State Park. Each unit with lots of updates - wood work, new paint, flooring, new kitchens, wired for satellite, new roof 2008 and so much more.

Last Agent to Sell the Property

Alexis Kemp

RE/MAX CONCEPTS Listed on: 05/17/2023

RE/MAX CONCEPTS

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,410

Year Built

  • 1978

Lot Details

  • 1.03

Home Design

  • 2,765 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction

Additional Features

  • 1.03 Acre Lot
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water

Community Details

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $25,777
  • Net Operating Income $11,103

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,410

Year Built

1978

Lot Details

0

Listing Details

  • Acres: 1.0300
  • City Name: Lamont
  • Expense Info: Owner Provided
  • Gross Tax: 1410
  • List User Cell Phone: 319-795-5394
  • Miscellaneous: Common Laundry-Owned, Parking Spaces, Security System
  • Net Tax: 1410
  • Noof Units One Bedroom: 4
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.87941
  • Ratio Close Price By Original Li: 0.83542
  • Ratio Current Price By Sq Ft: 60.40
  • Total Sq Ft: 2765
  • Style St: Flat/Apartment
  • Tenants Responsibilities Include: Electricity
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1978

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick

Utilities

  • Heating Cooling: Window/Wall Air

Schools

  • Elementary School: Starmont
  • Middle School: Starmont
  • High School: Starmont

Lot Info

  • Lot Size: 11748

Rental Info

  • Owner Pays: Water
  • Pets: Pets Allowed
  • Total Expenses: 14674

Multi Family

  • Gross Income: 25777
  • Net Operating Income: 11103.00

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $167,000 -12.1% $60 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
07/18/2023 07/18/23 Price Changed $189,900 -5.0% $69 / Sq Ft
05/17/2023 05/17/23 For Sale $199,900 -- $72 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Alexis Kemp

    RE/MAX

    (319) 795-5394

    266 Total Sales

    Section Image

  • D

    Buyer's Agent in 2023

    Donald Fieldhouse

    Cedar Rapids Area Association of REALTORS

    (239) 774-6598

    4,919 Total Sales

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2303115

Cedar Rapids Area Association of REALTORS®

APN: 0414383005

Iowa Buchanan County Lamont 50650

725 Prospect St, Lamont, IA

This home is located at 725 Prospect St, Lamont, IA 50650 since 17 May 2023. This property was built in 1978. 725 Prospect St is a home located in Buchanan County with nearby schools including Starmont Elementary School, Starmont Middle School, and Starmont High 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.

Cedar Rapids Area Association of REALTORS® 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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