$169,000
$6K PRICE DROP

903 East St Grinnell, IA 50112

Estimated payment $1,167/month

Total Views 36,581
4 Beds
2 Baths
2,226 Sq Ft
$76 Price per Sq Ft

Highlights

  • Arts and Crafts Architecture
  • No HOA
  • Forced Air Heating System
  • Wood Flooring
  • Eat-In Kitchen
  • Baseboard Heating

About This Home

An outstanding investment property attractive to a wide audience, strategically located within two blocks of downtown Grinnell and Grinnell College. 903 East Street, with a separate interior entrance, is an upstairs three-bedroom, one bathroom apartment, with a full kitchen, living space, and washer/dryer within the apartment. The current lease allows the upstairs tenant use of the one car detached garage. 1221 4th Avenue is a one- or two-bedroom first floor apartment featuring a full kitchen, living space, bathroom, and washer and dryer for tenants. The first-floor apartment also has a separate entrance off 4th Avenue. This unit includes a three-season porch on the south side of the home. The interior of the first and second floor apartments was renovated in 2014. There was a complete electrical update in 2015 with a second box added to the upstairs apartment. All new water lines inside the property in 2015, and a new curb stop water shut off was new in 2015 as well. The roof and gutters were new in 2023. Current lease information is available upon request. Call for a private tour today!

Listing Agent

Kevin Kolbe

Ramsey Weeks Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,756

Year Built

  • Built in 1900

Lot Details

  • 7,875 Sq Ft Lot

Home Design

  • Arts and Crafts Architecture
  • Block Foundation
  • Stone Foundation
  • Asphalt Shingled Roof
  • Stucco

Interior Spaces

  • 2,226 Sq Ft Home
  • Dining Area
  • Unfinished Basement
  • Natural lighting in basement
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1800634300

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,756

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Apartment Style
  • Architecture: Arts & Craft (Craftsman)
  • Lp Amt Sq Ft: 75.92
  • Natl Assocof Home Builders: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 1st Flr Laundry, 2nd Flr Laundry, Hardwood Floors, Smoke Detector, Tile Floors, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Daylight Window, Unfinished
  • Sq Ft Bsmt: 1120
  • Dining Room: Dining Areas, Eat In Kitchen, See Remarks
  • Other Rooms: See Remarks
  • Included Items: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 2226
  • Total Sq Ft: 2226

Exterior Features

  • Exterior: Stucco
  • Foundation: Concrete Block, Stone
  • Roof: Asphalt Shingle
  • Street Feature: Concrete, Public Sidewalk
  • Trim: Oak, Paint, Pine

Garage/Parking

  • Driveway: Gravel
  • Garage Sq Ft: 264
  • Garage: 1 Detached
  • Garage Parking Stalls: 1

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window
  • Heat: Electric Baseboard, Gas Forced Air, See Remarks

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: GrinnellNewburg

Lot Info

  • Acres: 0.1808
  • Lot S F: 7875
  • Lot Shape: Regular
  • Assessor Parcel Number: 1800634300
  • Zoning: R

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: 2756.00
  • Net Taxes: 2756.00
  • Tax Year: 2025

MLS Schools

  • School District: GrinnellNewburg

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,756 $167,350 $21,210 $146,140
2023 $3,300 $167,350 $21,210 $146,140
2022 $3,272 $174,540 $17,290 $157,250
2021 $3,272 $164,660 $16,310 $148,350
2020 $2,614 $134,350 $16,310 $118,040
2019 $2,652 $134,350 $16,310 $118,040
2018 $1,368 $134,350 $16,310 $118,040
2017 $976 $70,470 $16,310 $54,160
2016 $958 $49,250 $16,310 $32,940
2015 $958 $48,550 $16,060 $32,490
2014 $958 $48,550 $16,060 $32,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Price Changed $169,000 -3.4% $76 / Sq Ft
12/18/2024 12/18/24 For Sale $175,000 0.0% $79 / Sq Ft
10/03/2024 10/03/24 For Rent $850 0.0% --
03/08/2013 03/08/13 Sold $40,000 -42.0% $18 / Sq Ft
02/05/2013 02/05/13 Pending -- -- --
07/02/2012 07/02/12 For Sale $69,000 -- $31 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Deed History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Source: Public Records

About the Listing Agent

Kevin Kolbe

Ramsey Weeks Real Estate

(641) 329-2971

Section Image

Kevin joined Ramsey-Weeks as a full-time real estate sales agent in March 2003 and is currently the managing real estate broker and Vice President of Real Estate for Ramsey-Weeks.

Kevin graduated from the University of Northern Iowa in 1982 with a degree in Psychology and Secondary Education. Kevin, along with his wife Susan, have called Grinnell home since 1985.

He brings twenty-five years of professional sales experience to Ramsey-Weeks. “Successful selling begins with sincere

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Source: Des Moines Area Association of REALTORS®

MLS Number: 709107

Des Moines Area Association of REALTORS®

APN: 180-0634300