$230,000
SOLD NOV 29, 2018

917 Main St Grinnell, IA 50112

-- Bed
-- Bath
8,400 Sq Ft
5,061 Sq Ft Lot

Recently Sold

$27 Per Sq Ft

36% Below List Price

373 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 3-minute walk to Merrill Park
  • No HOA

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

Kevin Kolbe

Ramsey Weeks Real Estate Listed on: 10/30/2017

Last Buyer's Agent

Matt Karjalahti

RE/MAX Partners Realty

RE/MAX Partners Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,368

Year Built

  • Built in 1901

Home Design

  • 8,400 Sq Ft Home
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Rolled or Hot Mop Roof

Flooring

  • Wood
  • Carpet
  • Vinyl

Additional Features

  • 5,061 Sq Ft Lot
  • Forced Air Heating and Cooling System
  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3346200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,368

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: See Remarks
  • Lp Amt Sq Ft: 41.55
  • Sp Amt Sq Ft: 27.38
  • Year Built: 1901
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Carpeting, Hardwood Floors, See Remarks, Smoke Detector, Vinyl Floors
  • Basement Description: Partial Finished, Unfinished
  • Sq Ft Bsmt: 4200
  • Living Area Sq Ft: 8400
  • Total Sq Ft: 8400

Exterior Features

  • Exterior: Brick, See Remarks
  • Foundation: Brick, Stone
  • Roof: Roll Roofing
  • Street Feature: Concrete
  • Trim: Oak, Paint, Pine

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: GrinnellNewburg

Lot Info

  • Acres: 0.1200
  • Lot S F: 5061
  • Lot Shape: Regular
  • Assessor Parcel Number: 3346200
  • Zoning: M

Tax Info

  • Gross Taxes: 1368.00
  • Net Taxes: 1368.00

MLS Schools

  • School District: GrinnellNewburg

Range of Values:

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Average Value
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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

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: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Agent Out of Area

    Out of Area Office

  • Kevin Kolbe

    Seller's Agent in 2018

    Kevin Kolbe

    Ramsey Weeks Real Estate

    (641) 990-4995

    111 Total Sales

    Kevin Kolbe
    Section Image
  • Matt Karjalahti

    Buyer's Agent in 2018

    Matt Karjalahti

    RE/MAX

    (641) 260-0672

    152 Total Sales

    Matt Karjalahti
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 554365

Des Moines Area Association of REALTORS®

Iowa Poweshiek County Grinnell 50112

917 Main St, Grinnell, IA

This home is located at 917 Main St, Grinnell, IA 50112 and is currently priced at $230,000, approximately $27 per square foot. This property was built in 1901. 917 Main St is a home located in Poweshiek County with nearby schools including Grinnell Community Senior High School and Central Iowa Christian School.

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.

Des Moines Area Association of REALTORS® 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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