104 1st Ave E  #1, Newton, IA 50208
FOR SALE

104 1st Ave E #1
Newton, IA 50208

  • 12 Beds
  • 14 Baths
  • 514 sqft
  • 12 Beds
  • 14 Baths
  • 514 sqft

$699,000

Est. Mortgage $5,166/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Investors special, lots of potential! This was a passion project for current owner. Property has not been lived in since current owners have owner it, looking for someone to carry on the project. All units are deeded as condominiums. The seller owns all 15 units and would like to sell them as a portfolio. 11 of the 15 units have been remodeled with amish craftsmanship, quality and uniqueness. The 4 others are down to studs and would need to be finished by new buyer. Lots of materials there to help finish the units. The common area has also been remodeled. All units are located on the second level of the Jewel building located across from the court house in downtown Newton. Total sq footage of all units is 7,693. There are 2 entrances into the building, one off 1st Ave, one off 1st street. All information obtained from seller and public records.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
$533/Monthly
Price/Sqft
$1,360
Listed
24 days ago

Home Details for 104 1st Ave E #1

Interior Features

Beds & Baths
Number of Bedrooms: 12Number of Bathrooms: 14Number of Bathrooms (full): 14
Dimensions and Layout
Living Area: 514 Square Feet
Heating & Cooling
Heating: Electric,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric

Exterior Features

Frontage
Road Surface Type: Concrete
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 24

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Property Information
Parcel Number: 0834142001

Price & Status

Price
List Price: $699,000Price Per Sqft: $1,360

Active Status

MLS Status: Active

Location

Direction & Address
City: Newton
School Information
Elementary School District: NewtonJr High / Middle School District: NewtonHigh School District: Newton

Agent Information

Listing Agent
Listing ID: 692679

Building

Building Area
Building Area: 514 Square Feet

HOA

HOA Name: TbdHOA Name (second): TbdAssociation for this Listing: Des Moines Area Association of REALTORSHas an HOAHOA Fee: $6,400/Annually

Offer

Listing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 692679Living Area Range Units: Square FeetAttribution Contact: scotbergmanrealestate@gmail.com
Last check for updates: about 11 hours ago
Listing courtesy of Bergman, Scot
Agency Iowa
Katie Espenhover, (641) 891-7150
Agency Iowa
Originating MLS: Des Moines Area Association of REALTORS
Source: DMMLS, MLS#692679

Price History for 104 1st Ave E #1

DatePriceEventSource
04/05/2024$699,000Listed For SaleDMMLS #692679
12/16/2023ListingRemovedDMMLS #675415
06/15/2023$725,000Listed For SaleDMMLS #675415

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Property Taxes and Assessment

Year2023
Tax$506
Assessment$26,080
Home facts updated by county records

Comparable Sales for 104 1st Ave E #1

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.30
Multi-Family Home
$90,000
03/22/24
6
3
2,402
0.35
Multi-Family Home
$138,000
12/18/23
4
4
2,276
0.67
Multi-Family Home
$192,000
09/08/23
4
4
2,376
0.59
Multi-Family Home
$123,000
10/05/23
2
2
1,196
1.28
Multi-Family Home
$210,000
03/22/24
4
2
2,200

What Locals Say about Newton

  • Swhart
    "It’s a safe and welcoming community. There are many traditions with and great schools and any school activity you need. "
    4
    Flag
  • Jacob F.
    "Town misappropriated tax money and academics are starved to funnel money into a failing athletic program. Drugs are rampant. Crime is increasing. "
    4
    Flag
  • janice g
    "People often walk their dogs around the neighborhood. There is no excessive barking to be heard. People clean up after their dogs and dogs are not seen running around loose. The dog park is a short ride away."
    3
    Flag
  • Avarice14
    "close to elementary and middle school. close to Hy-Vee. close to YMCA. Park near by. All of these are in walking distance as well as Taco John's, 3 Pizza joints, and Soon to come another Gas station loaded with options. "
    2
    Flag
  • sanneguyer
    "I live in this neighborhood, and it is very safe and quiet"
    1
    Flag

LGBTQ Local Legal Protections

Bergman, Scot, Agency Iowa
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.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
104 1st Ave E #1, Newton, IA 50208 is a 12 bedroom, 14 bathroom, 514 sqft multi-family built in 1900. This property is currently available for sale and was listed by DMMLS on Apr 5, 2024. The MLS # for this home is MLS# 692679.