Sold for $236,600

$236,600

35 4th St SE, Le Mars, IA 51031

6beds

3,060sqft

Multi Family

Built in 1920

-- sqft lot

$274,400 Zestimate^®

$77/sqft

$1,397 Estimated rent

Home value

$274,400

$250,000 - $299,000

$1,397/mo

Zestimate^® history

Owner options

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$1,397/mo

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$1,397/mo

Rent Zestimate^®

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$1,213/mo

Est. payment

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$1,213/mo

Est. payment

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What's special

This is a great investment property with a lot of potential. Currently there are 4 units that have rental potential. A 5th unit in the basement does not have egress windows in the bedroom, so it has not been used as a rental by the current owner. The 3 bedroom unit on the main floor is the owners living quarters. Nice location within walking distance to downtown and Central Avenue. The owner welcomes inspections, but is selling the property in its current condition. See attached document for more detailed information per unit.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 5
Full bathrooms: 2
3/4 bathrooms: 3

Heating

Forced Air

Cooling

Window Unit(s)

Interior area

Total structure area: 3,060
Total interior livable area: 3,060 sqft
Finished area below ground: 300

Property

Parking

Total spaces: 3
Parking features: Detached, Multiple, Gravel
Garage spaces: 3

Features

Frontage length: Road: 60

Lot

Size: 8,712 Square Feet
Features: Level

Details

Parcel number: 1216179013
Zoning: Urban-Res
Zoning description: Urban-Res

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: City

Community & HOA

Location

Region: Le Mars

Financial & listing details

Price per square foot: $77/sqft
Tax assessed value: $143,760
Annual tax amount: $1,382
Price range: $236.6K - $236.6K
Date on market: 8/9/2024

Price history

Date	Event	Price
9/30/2024	Sold	$236,600+2.9%$77/sqft
Source: Northwest Iowa Regional BOR #825804 Report a problem
8/15/2024	Pending sale	$230,000$75/sqft
Source: Northwest Iowa Regional BOR #825804 Report a problem
8/9/2024	Listed for sale	$230,000+91.7%$75/sqft
Source: Northwest Iowa Regional BOR #825804 Report a problem
6/15/2017	Sold	$120,000$39/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,654 +24.7%	$143,760 +9.1%
2024	$1,326 +5.9%	$131,800 +15.5%
2023	$1,252 -15.4%	$114,140 +22.1%
2022	$1,480 +6.3%	$93,460
2021	$1,392 -14.2%	$93,460 +12.8%
2020	$1,622 -6.1%	$82,840
2019	$1,728 -9.8%	$82,840
2018	$1,916	$82,840 -5.9%
2017	$1,916 -17.7%	$88,060
2016	$2,328 -4.3%	$88,060
2015	$2,432	$88,060
2014	$2,432	--

Find assessor info on the county website

Neighborhood: 51031

Nearby homes

Nearby schools

GreatSchools rating

6/10
Franklin Elementary School
Grades: K-5Distance: 0.2 mi
8/10
Le Mars Middle School
Grades: 6-8Distance: 0.5 mi
7/10
Le Mars High School
Grades: 9-12Distance: 0.6 mi

Schools provided by the listing agent

Elementary: LeMars
Middle: LeMars
High: LeMars

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