NOT LISTED FOR SALE

811 W Main St Marshalltown, IA 50158

Estimated Value: $87,000 - $127,000

4 Beds
3 Baths
3,784 Sq Ft
$27/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $71,500 $19 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $661/month

25 Days on Market

About This Home

As of June 2021

Great investment property located on corner lot. Triplex. Good income. 3 furnaces and 3 water heaters. Owner pays garbage and water. One renter there for 8 years and one for 5 years. Month to Month lease. Good investment!

Last Agent to Sell the Property

Sheri Andrews

New Horizons Realty Listed on: 05/13/2021

Last Buyer's Agent

Bob Grimes

New Horizons Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,428

Year Built

  • Built in 1910

Lot Details

  • 0.25

Parking

  • Gravel Driveway

Home Design

  • Triplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 3,784 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 0.25 Acre Lot
  • Forced Air Heating System

Community Details

Overview

  • 3 Units

Building Details

  • Trash Expense $840
  • Gross Income $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,428

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: GILLESPIE'S ADD LOT 6 BLK 10
  • Municipality: Marshalltown
  • Year Built: 1910
  • Stories: 2 Stories
  • OFFICELIST_ADDRESS: 811 W Main Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2021-05-13
  • List Office I D: 482
  • Sales Office I D: 482
  • Selling Agent: 2402
  • Share Listings With: Broker Reciprocity, CoreLogic Listing License, Homes.com, Realtor.com, RPR Listing License
  • Street Designation: Street
  • Building Style: Triplex
  • Unit 1 Appliances: Range
  • Unit 1 Annual Rent: 1350
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Month Rent: 450
  • Unit 1 Number of Units: 1
  • Unit 1 Rooms Total: 5
  • Unit 2 Appliances: Range
  • Unit 2 Annual Rent: 6600
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Total Bathrooms: 1
  • Unit 2 Bedrooms: 2
  • Unit 2 Month Rent: 550
  • Unit 2 Number of Units: 1
  • Unit 2 Rooms Total: 7
  • Unit 3 Appliances: Range
  • Unit 3 Annual Rent: 6000
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Total Bathrooms: 1
  • Unit 3 Bedrooms: 1
  • Unit 3 Fireplace Number: 1
  • Unit 3 Month Rent: 500
  • Unit 3 Number of Units: 1
  • Unit 3 Rooms Total: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: Three
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Basement: Full
  • Main Floor Sq Ft: 2226
  • Price Per S Q F T: 18.9
  • Above Grade Finished Sq Ft: 3784
  • Below Grade Finished Sq Ft: 2226
  • Below Grade Total Sq Ft: 2226
  • 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

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Stucco
  • Foundation Size: 2226
  • Roof: Asphalt Shingles

Garage/Parking

  • Description: Driveway - Gravel
  • Fuel: Natural Gas

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Water: City Water/Connected
  • Electric: Circuit Breakers

Association/Amenities

  • Complex/Development/Subdivision: Gillespies Add

Fee Information

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

Schools

  • School District: Marshalltown
  • School District Number: 4104
  • School District Phone: 641-754-1000

Lot Info

  • Acres: 0.25
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Description: Corner Lot
  • Lot Dimensions: .25
  • Lot Size Sq Ft: 10890
  • Lot Size Units: Acres

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Multi Family

  • Expense Trash: 840
  • Expense Water Sewer: 500
  • Number Of Refrigerators: Three
  • Tenant Expenses: Electricity, Fuel
  • Total Units: 3
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

Tax Info

  • Tax With Assessments: 1428
  • Tax Year: 2020
  • Gross Taxes: 1428

MLS Schools

  • School District: 4104 - Marshalltown
  • School District Name: Marshalltown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 24, 2021
Sold by
Rem Homes Llc
Bought by
Schmidt Rebecca Dau
Seller's Agent
Sheri Andrews
New Horizons Realty
Buyer's Agent
Bob Grimes
New Horizons Realty
List Price
$84,900
Sold Price
$71,500
Premium/Discount to List
-$13,400
-15.78%
Current Estimated Value
$103,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,167
Avg. Annual Appreciation
6.01%

Purchase Details

Closed on
Jul 12, 2012
Sold by
Ray Douglas R and Ray Denise A
Bought by
Rem Homes Llc

Purchase Details

Closed on
Jun 22, 2012
Sold by
Ray Denise L and Roorda Bruce
Bought by
Rem Homes Llc

Purchase Details

Closed on
May 17, 2007
Sold by
Green Tree Servicing Llc
Bought by
Rem Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.21%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 26, 2007
Sold by
Aschan Burke T and Aschan Linda J
Bought by
Green Tree Servicing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.21%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Schmidt Rebecca Dau $71,500 None Available
Rem Homes Llc $8,000 None Available
Rem Homes Llc -- None Available
Rem Homes Llc $50,000 None Available
Green Tree Servicing Llc $71,919 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rem Homes Llc $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $71,500 -15.8% $19 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $84,900 0.0% $22 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $84,900 -- $22 / 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 $1,124 $69,960 $32,660 $37,300
2023 $1,426 $61,670 $32,660 $29,010
2022 $1,282 $63,670 $30,660 $33,010
2021 $1,354 $48,030 $30,660 $17,370
2020 $1,355 $48,030 $30,660 $17,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5756873

NoCoast MLS

APN: 8418-27-481-012