NOT LISTED FOR SALE

910 N 6th Ave E Newton, IA 50208

Newton Area
Studio
4 Baths
2,376 Sq Ft
7,100 Sq Ft Lot

Sale Details

Date Sold: September 8, 2023

Last sale price $192,000 $81 Per Sq Ft

27 Days on Market

Highlights

  • 4 Kitchens
  • No HOA
  • Forced Air Heating System
  • Ranch Style House
  • Laundry Room

About This Home

As of September 2023

Very Rare Ranch style 4-plex, 1 bed, 1 bath. Current Monthly Gross rent:$2725. All 4 units rented, annual leases. Cap rate of 10.7% and Potential Free Cash flow of $13,500 (including $980 set aside for reserves) after mortgage and expenses, see Proforma. There is additional opportunity to lower expenses and increase income with unit updates. Internet and electricity paid by tenants. Gas and water/trash currently paid by Landlord. Proforma using real numbers over the past year. Please reach out to listing agent for Proforma and to schedule time to see the property. Planning to do open house style showing (one day several hour timeframe), depending on requests.

Last Agent to Sell the Property

Brendon Shaw

Simply Better Realty, LLC Listed on: 05/16/2023

Last Buyer's Agent

Brendon Shaw

Simply Better Realty, LLC Listed on: 05/16/2023

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,014

Year Built

  • Built in 1952

Lot Details

  • 7,100 Sq Ft Lot
  • Lot Dimensions are 50x142

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof
  • Stucco

Interior Spaces

  • 4 Full Bathrooms
  • 2,376 Sq Ft Home
  • Crawl Space
  • 4 Kitchens
  • Laundry Room

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number NORTH EAST ADD TR 50' X 142' SE COR W 1/2 LOT 6

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Snow Removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,014

Year Built

Built in 1952

Lot Details

7,100 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 83.75
  • Sp Amt Sq Ft: 80.81
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 4
  • Disposals: 4
  • Refrigerators: 4
  • Stoves Total: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • First Floor Full Bathrooms: 4
  • Basement Description: Crawl Space
  • Kitchens: 4
  • Laundry: Yes
  • Living Area Sq Ft: 2376
  • Total Sq Ft: 2376

Exterior Features

  • Exterior: Stucco
  • Foundation: Concrete Block
  • Paved: Yes
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Off Street Parking: Yes

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window
  • Heat: Gas Forced Air
  • Separate Meters: Y

Association/Amenities

  • Amenities: Snow Removal

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Lot Info

  • Acres: 0.1650
  • Lot S F: 7100
  • Lot Shape: Regular
  • Lot Size: 50X142
  • Assessor Parcel Number: NORTH EAST ADD TR 50' X 142' SE COR W 1/2 LOT 6
  • Zoning: Multi

Rental Info

  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Landlord

Tax Info

  • Gross Taxes: 2014.00
  • Net Taxes: 2014.00

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Newton

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Outstanding Balance
$127,012
Interest Rate
6.26%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 16, 2023
Closed on
Sep 6, 2023
Sold by
Bought by
Seller's Agent
Brendon Shaw
Simply Better Realty, LLC
Buyer's Agent
Brendon Shaw
Simply Better Realty, LLC
List Price
$199,000
Sold Price
$192,000
Premium/Discount to List
-$7,000
-3.52%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2021
Closed on
Dec 23, 2021
Sold by
Bought by
Seller's Agent
Donald Kacer
Platinum Realty LLC
Buyer's Agent
Richard Delagardelle
Iowa Realty Waukee
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.24%
Original Mortgage
$157,250
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 8, 2021
Closed on
Sep 8, 2021
Sold by
Bought by
Seller's Agent
Christina Behun
Realty ONE Group Impact
Buyer's Agent
Donald Kacer
Platinum Realty LLC
List Price
$136,400
Sold Price
$132,000
Premium/Discount to List
-$4,400
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
187.16%
Original Mortgage
$99,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2015
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Newton, IA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$755 None Listed On Document
$192,000 None Listed On Document
$185,000 None Listed On Document
$132,000 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $128,000
Closed $65,000
Previous Owner $157,250
Previous Owner $99,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2023 09/08/23 Sold $192,000 -3.5% $81 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $199,000 +7.6% $84 / Sq Ft
01/04/2022 01/04/22 Sold $185,000 0.0% $78 / Sq Ft View Prior Sale
10/30/2021 10/30/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $185,000 +40.2% $78 / Sq Ft
09/10/2021 09/10/21 Sold $132,000 -3.2% $56 / Sq Ft View Prior Sale
08/19/2021 08/19/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $136,400 -- $57 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,116 $156,760 $10,650 $146,110
2024 $3,116 $164,460 $10,650 $153,810
2023 $3,098 $164,460 $10,650 $153,810
2022 $2,572 $105,200 $10,650 $94,550
2021 $2,014 $98,150 $13,520 $84,630
2020 $2,014 $71,770 $8,110 $63,660
2019 $2,284 $71,770 $0 $0
2018 $2,284 $71,770 $0 $0
2017 $2,514 $71,770 $0 $0
2016 $2,514 $71,770 $0 $0
2015 $2,624 $71,770 $0 $0
2014 $2,630 $71,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 673312

Des Moines Area Association of REALTORS®

APN: 0827476033

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