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Sold for $154,000
  • $154,000

    104 1st Ave E APT 1, Newton, IA 50208

    11beds
    514sqft
    Multi Family, Apartment
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $300/sqft
    $784 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $784/mo

    Zestimate® history
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    What's special

    Elevator accessElectric heat
    ONLINE ONLY AUCTION – • Online-Only Bidding: register at www.bidheritage.hibid.com • Offering: All 15 condo units as (1) portfolio package • Online Bidding Ends: April 30th at 6:00 PM (CT) The Jewel Condominiums, a second-level multifamily development located directly across from the courthouse. Offering includes 15 deeded condo units (11 one-bedroom, 4 efficiency) Ten units are nearly complete while five units are taken to the studs and ready for finishing. Common areas have been updated, and a new roof was installed in 2025. Property features elevator access, two secured entrances (1st Ave & 1st St), city water/sewer, electric heat, and central A/C. Project is currently vacant, providing flexibility for an investor to complete construction and implement a lease-up or resale strategy. Strong small-market rental demand and walkable downtown location enhance long-term potential. It is highly encouraged that prospective bidders tour the property and conduct their own assessment, prior to bidding. The Property will be open for preview on the following dates. • Saturday, April 11th at 10:00am to 12:00pm (CST) • Saturday, April 25th at 10:00am to 12:00pm (CST) To arrange a private tour of the property, please contact listing agent. All information is believed to be accurate but not guaranteed. Buyers should conduct their own due diligence and personally inspect the property prior to bidding. Property is being offered at auction in “As Is” condition.

    Zillow last checked:

    Listing updated:

    Listed by:

    Scot Bergman scotbergmanrealestate@gmail.com,

    Agency Iowa

    Bought with:

    Scot Bergman

    Agency Iowa

    Source: DMMLS,MLS#: 737444MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 15
    • Full bathrooms: 15
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air
    Interior area
    • Total structure area: 514
    • Total interior livable area: 514 sqft

    Property

    Details
    • Parcel number: 0834142001
    • Zoning: Resid
    • Special conditions: Auction

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Brick
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $12,250 annually
    • HOA name: Jewel Condominium HOA
    • Second HOA name: Self
    • Second HOA phone: 641-792-4160
    Location
    • Region: Newton

    Financial & listing details

    • Price per square foot: $300/sqft
    • Tax assessed value: $21,980
    • Annual tax amount: $7,552
    • Date on market: 4/1/2026
    • Cumulative days on market: 30 days
    • Listing terms: Cash,Conventional
    • Road surface type: Concrete

    Price history

    DateEventPrice
    5/29/2026Sold$154,000-74.3%$300/sqft
    Source: DMMLS #737444 Report a problem
    9/30/2024Listing removed$599,000$1,165/sqft
    Source: DMMLS #692679 Report a problem
    6/24/2024Price change$599,000-14.3%$1,165/sqft
    Source: DMMLS #692679 Report a problem
    4/5/2024Listed for sale$699,000-3.6%$1,360/sqft
    Source: DMMLS #692679 Report a problem
    12/16/2023Listing removed--
    Source: DMMLS #675415 Report a problem
    6/15/2023Listed for sale$725,000$1,411/sqft
    Source: DMMLS #675415 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$512 +0.4%$21,980 -15.7%
    2024$510 +0.8%$26,080
    2023$506 +6.3%$26,080 +18.8%
    2022$476 +64.1%$21,950 +6.1%
    2021$290 +1.4%$20,680 +72.9%
    2020$286 +10.3%$11,960
    2019$259 +1%$11,960 +15.3%
    2018$257 +1.8%$10,370
    2017$252 +0.8%$10,370
    2016$250 $10,370
    2015$250 +9.6%$10,370
    2014$228 $10,370
    Find assessor info on the county website

    Neighborhood: 50208

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Newton

    Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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