NOT LISTED FOR SALE

816 1st Ave Perry, IA 50220

Estimated Value: $59,000 - $100,000

-- Bed
2 Baths
1,992 Sq Ft
$39/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $40,000 $20 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $483/month

45 Days on Market

Highlights

  • 2 Kitchens
  • Laundry Room
  • Hot Water Heating System
  • No HOA
  • Forced Air Heating System
  • 5-minute walk to Caboose Park

About This Home

As of March 2020

This one needs some work, but what a great opportunity! Two floors with nearly identical plans - 2 bedrooms and a bathroom, a small kitchen and a HUGE living area.

Last Agent to Sell the Property

sarah harrison

RE/MAX Concepts Listed on: 01/14/2020

RE/MAX Concepts

Co-Listed By

Rob Wheeler

Century 21 Signature

Last Buyer's Agent

Jason Mickelson

Century 21 Signature Real Esta

Century 21 Signature Real Esta

Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,000 Sq Ft Lot

Home Design

  • Brick Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,992 Sq Ft Home
  • 2-Story Property
  • 2 Kitchens
  • Laundry Room
  • Unfinished Basement

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating System
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 30.12
  • Sp Amt Sq Ft: 20.08
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 984
  • Kitchens: 2
  • Laundry: Yes
  • Living Area Sq Ft: 1992
  • Total Sq Ft: 1992

Exterior Features

  • Exterior: Frame
  • Foundation: Brick
  • Paved: No
  • Roof: Metal
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Gravel
  • Garage: 2 Detached

Utilities

  • Water: City
  • Heat: Gas Forced Air, Hot Water
  • Separate Meters: y

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Perry

Lot Info

  • Lot S F: 7000
  • Lot Shape: Regular
  • Assessor Parcel Number: 000000000000000000000
  • Zoning: Res

Rental Info

  • Deposit: No
  • Furnished: No

Tax Info

  • Gross Taxes: 1126.00
  • Net Taxes: 1126.00

MLS Schools

  • School District: Perry

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
Mar 11, 2020
Sold by
Timmerman Jared R and Timmerman Mandy R
Bought by
Mcknight Properties Llc
Seller's Agent
sarah harrison
RE/MAX Concepts
Buyer's Agent
Jason Mickelson
Century 21 Signature Real Esta
List Price
$60,000
Sold Price
$40,000
Premium/Discount to List
-$20,000
-33.33%
Current Estimated Value
$77,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,577
Avg. Annual Appreciation
12.68%
Original Mortgage
$32,000
Outstanding Balance
$25,296
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$52,281

Purchase Details

Closed on
Sep 27, 2016
Sold by
Smothers Jason Lee and Smothers Andria
Bought by
Timmerman Jared R and Timmerman Mandy R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcknight Properties Llc $40,000 None Available
Timmerman Jared R $43,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcknight Properties Llc $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2020 03/16/20 Sold $40,000 -33.3% $20 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $60,000 -- $30 / 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 $867 $42,960 $7,650 $35,310
2023 $867 $42,960 $7,650 $35,310
2022 $816 $33,530 $2,550 $30,980
2021 $816 $35,860 $2,550 $33,310
2020 $1,028 $45,020 $2,550 $42,470
2019 $1,201 $42,870 $2,550 $40,320
2018 $2,252 $44,810 $2,550 $42,260
2017 $1,110 $44,810 $2,550 $42,260
2016 $1,097 $51,950 $4,590 $47,360
2015 $994 $51,950 $0 $0
2014 $994 $51,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 597490

Des Moines Area Association of REALTORS®

APN: 02-10-362-003