Mike Purcell
Friedrich Realty
(515) 686-6631
80 Total Sales
1 in Newton
$225,000 Price
910 N 6th Ave E Newton, IA 50208
Newton Area
Studio
4
Baths
2,376
Sq Ft
7,100
Sq Ft Lot
Highlights
- 4 Kitchens
- No HOA
- Forced Air Heating System
- Ranch Style House
- Laundry Room
About This Home
As of September 2023Very 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
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Newton, IA
-
Mike Purcell
-
Toni Tindle
Toni Tindle
Covered Bridge Realty
(515) 512-5468
58 Total Sales
2 in Newton
$170K - $175K Price Range
-
Bob Delveau
Bob Delveau
Oakridge Real Estate
(319) 505-8665
83 Total Sales
1 in Newton
$140,000 Price
-
Dustin Kupka
Dustin Kupka
RE/MAX Precision
(515) 400-4115
208 Total Sales
1 in Newton
$159,900 Price
-
Austin Woods
Austin Woods
EXP Realty, LLC
(563) 214-0283
141 Total Sales
1 in Newton
$425,000 Price
-
Tammy Claiborne
Tammy Claiborne
Iowa Realty Ankeny
(515) 619-6710
102 Total Sales
2 in Newton
$229K - $262K Price Range
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
-
B
Seller's Agent in 2023
Brendon Shaw
Simply Better Realty, LLC
-
Donald Kacer
Seller's Agent in 2022
Donald Kacer
Platinum Realty LLC
(515) 720-3329
15 Total Sales
-
R
Buyer's Agent in 2022
Richard Delagardelle
Iowa Realty Waukee
-
Christina Behun
Seller's Agent in 2021
Christina Behun
Realty ONE Group Impact
(641) 521-7091
118 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 673312
APN: 0827476033
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.
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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