NOT LISTED FOR SALE

917 Main St Grinnell, IA 50112

-- Bed
-- Bath
-- Sq Ft
1901 Built

Last Sold November 29, 2018

Last sale price $230,000

28 Days on Market

About This Home

As of November 2018

Investment opportunity! A proven investment property in the heart of downtown Grinnell. One of the original buildings condomininiumized the residential second floor from the first floor commercial space, resulting in property tax reflective of the use of the various spaces. The property has been well cared for over the years. The second floor was built out in Dec. '04 and all apartments have separate utilities. The mechanical's and roof have been maintained and updated over the years. Just a reminder, all sewer and water lines were updated when the downtown street project was completed, approx. 10 years ago. An established tenant is at home on the first floor(Street Level), while the 3 apartments, all 2 bedroom with 1 or 2 bathrooms, show a history of consistent occupancy, with an occasional vacancy as the seasons change. If you're looking for an investment property to build/diversify your portfolio, call your agent today for a showing!

Last Agent to Sell the Property

Agent Out of Area

Out of Area Office Listed on: 11/01/2018

Last Buyer's Agent

Matt Karjalahti

RE/MAX Partners Realty, Grinnell License #***

RE/MAX Partners Realty, Grinnell

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 30 x 165

Community Details

  • 4 Units

Property Details

Home Type

Apartment

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: UNIT 5 LOFTS ON MAIN GRINNELL N 30 2/3' S 50' LOT 10 BLOCK 4
  • Municipality: Grinnell
  • Year Built: 1901
  • Stories: 2 Stories
  • OFFICELIST_ADDRESS: 917 Main Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2018-11-01
  • List Office I D: 1438
  • M L Number Foreign: MIR35016043
  • Sales Office I D: 395
  • Selling Agent: 2136
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Street
  • Building Style: Apartment
  • Unit 1 Number of Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • 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

  • Exterior: Other
  • Roof: Other

Utilities

  • Heating: Other

Condo/Co-op/Association

  • Common Features: Other/See Remarks

Fee Information

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

Schools

  • School District: Grinnell-Newburg

Lot Info

  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 30 X 165
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Multi Family

  • Tenant Expenses: Other
  • Total Units: 4
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

MLS Schools

  • School District: 2709 - Grinnell-Newburg
  • School District Name: Grinnell-Newburg

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2018 11/29/18 Sold $230,000 0.0% $27 / Sq Ft
11/29/2018 11/29/18 Sold $230,000 -34.1% --
11/29/2018 11/29/18 Pending -- -- --
11/07/2018 11/07/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $349,000 -2.8% --
10/30/2017 10/30/17 For Sale $359,000 -- $43 / Sq Ft
Source: NoCoast MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5469957

NoCoast MLS