NOT LISTED FOR SALE
-- Bed
-- Bath
11,160 Sq Ft
0.87 Acre Lot

Sale Details

Date Sold: October 10, 2019

Last sale price $533,000 $48 Per Sq Ft

16 Days on Market

Highlights

  • 0.87 Acre Lot
  • Detached Garage
  • Carpet
  • Central Elementary School Rated A-
  • Central Air
  • Heating Available

About This Home

As of October 2019

This property has one address but is made up of two separate buildings. The north building has 8 units. Coin operated laundry room with one washer & dryer in the lower level. 2nd floor apartments have vaulted ceilings. 2 units have balconies. The south building has 6 apartments. Coin operated laundry in lower level. Washer & Dryer. There are 6 available garages & 1 storage unit for lease that both buildings share.

Last Agent to Sell the Property

Chuck Winkleblack

Hunziker & Assoc.-Ames License #B32796 Listed on: 08/12/2019

Last Buyer's Agent

Collin Fett

RE/MAX REC

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 37,950 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • Block Foundation

Interior Spaces

  • 11,160 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Utilities

  • Central Air
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 11-06-435-315

Community Details

Overview

  • Electric Range & Refrigerator In Each Unit Association

Building Details

  • Operating Expense $59,563
  • Gross Income $97,460
  • Net Operating Income $37,897

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0.87 Acres

Listing Details

  • Property Sub Type: See Remarks
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.87
  • Lot Size: -
  • Directions: Take Lincoln Highway to Nevada, north on 8th St., east on R Ave - on the corner of R Ave & 9th.
  • Architectural Style: 2 Story
  • Garage Yn: Yes
  • Year Built: 1972
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Laminate: Yes
  • Foundation:Concrete Block: Yes
  • Keywords:Architectural Style2: 2 Story
  • Annual Expenses: 59563.0
  • Income Expenses Net Income: 37897.0
  • Special Features: None

Interior Features

  • Flooring: Laminate, Carpet

Exterior Features

  • Construction Type: Wood
  • Foundation Details: Block

Garage/Parking

  • Keywords:Garage Capacity3: None
  • Keywords:Garage Type3: Detached
  • Keywords:Parking Spaces2: 11 - 20 Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Name: Electric Range & Refrigerator in each unit

Schools

  • Junior High Dist: Nevada

Lot Info

  • Lot Size Sq Ft: 37950.0
  • Parcel #: 11-06-435-315
  • Zoning: R-2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Who Pays Trash: Landlord
  • Who Pays Water: Landlord

Multi Family

  • Annual Gross Income: 97460.0
  • Property Net Operating Income: 37897.0
  • Annual Operating Expense: 59563.0

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
Dec 28, 2011
Sold by
Bought by

Purchase Details

Closed on
Feb 6, 2007
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- 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 $540,000
Closed $426,400
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
10/10/2019 10/10/19 Sold $533,000 -3.0% $48 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $549,500 -- $49 / Sq Ft
Source: Central Iowa Board 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 $13,118 $846,200 $176,500 $669,700
2024 $12,798 $790,800 $176,500 $614,300
2023 $10,468 $790,800 $176,500 $614,300
2022 $12,210 $532,000 $123,300 $408,700
2021 $13,150 $532,000 $123,300 $408,700
2020 $10,676 $532,000 $123,300 $408,700
2019 $10,676 $532,000 $123,300 $408,700
2018 $10,390 $483,600 $104,400 $379,200
2017 $10,390 $483,600 $104,400 $379,200
2016 $9,514 $444,600 $104,400 $340,200
2015 $9,514 $444,600 $104,400 $340,200
2014 $9,660 $444,600 $104,400 $340,200
Source: Public Records

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 52790

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