Skip main navigation
Sold for $350,000
  • $350,000

    701 1st St, Lynnville, IA 50153

    4beds
    2,664sqft
    Duplex, Multi Family
    Built in 2001
    -- sqft lot
    $368,100 Zestimate®
    $131/sqft
    $1,210 Estimated rent

    Home value

    $368,100

    $346,000 - $390,000

    $1,210/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,210/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,210/mo

    Rent Zestimate®

    Refinance and save

    $2,345/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,345/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Beautiful viewsNew roof
    Welcome to an exceptional investment prospect that promises immediate returns but also boundless potential for the future. This remarkable property features two duplex units, each approximately 1,332 square feet of living space. 2 bedrooms and 1 bathroom per unit, kitchen in each unit with appliances that stay, and in-floor heating throughout. Enjoy the comfort of single-level living, providing convenience and accessibility for all residents, making this property ideal for a diverse range of renters. Each unit comes with an attached 2-car garage providing ample storage space. Take in the picturesque surroundings and peaceful vibes as you step onto your own private deck. The property sits on an expansive 1.48-acre lot, providing plenty of room for outdoor activities, gardening, or even future expansion. The property has been thoughtfully updated with a new roof in 2023, ensuring a solid and worry-free investment for years to come. Conveniently located, this property offers a perfect balance of tranquility and accessibility. With beautiful views of the surroundings, residents can relish the serenity while being within easy reach of amenities. Both units have a waiting list of potential renters, underscoring the demand for housing in this coveted location. With steady income streams, you can start reaping the benefits from day one. This property has great income opportunity, with potential to expand and build additional units on the spacious lot, multiplying your investment.

    Zillow last checked:

    Listing updated:

    Listed by:

    Heather Engbers 641-780-6321,

    Iowa Realty Newton

    Bought with:

    Heather Engbers

    Iowa Realty Newton

    Source: DMMLS,MLS#: 685018MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bedrooms: 4
    Heating
    • Electric, Radiant
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
    • Laundry: Main Level
    Interior area
    • Total structure area: 2,664
    • Total interior livable area: 2,664 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Garage
    • Attached garage spaces: 4
    Features
    • Patio & porch: Deck
    • Exterior features: Deck
    Lot
    • Size: 1.48 Acres
    Details
    • Parcel number: 2011126006
    • Zoning: R

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Foundation: Slab
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 2001

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Lynnville

    Financial & listing details

    • Price per square foot: $131/sqft
    • Tax assessed value: $262,470
    • Annual tax amount: $2,521
    • Date on market: 11/7/2023
    • Cumulative days on market: 133 days
    • Listing terms: Cash,Conventional,FHA

    Price history

    DateEventPrice
    5/10/2024Sold$350,000-11.4%$131/sqft
    Source: DMMLS #685018 Report a problem
    3/20/2024Pending sale$395,000$148/sqft
    Source: DMMLS #685018 Report a problem
    1/19/2024Price change$395,000-7.1%$148/sqft
    Source: DMMLS #685018 Report a problem
    11/7/2023Listed for sale$425,000$160/sqft
    Source: DMMLS #685018 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,976 +1.2%$262,470 +21.1%
    2024$2,940 +16.6%$216,710
    2023$2,522 +9.6%$216,710 +38.7%
    2022$2,302 -2.4%$156,210 +9.9%
    2021$2,358 +1.6%$142,090 +3.1%
    2020$2,321 +6.2%$137,780
    2019$2,185 +0.6%$137,780 +13.9%
    2018$2,173 +3.1%$120,960
    2017$2,108 -1.8%$120,960
    2016$2,146 $120,960
    2015$2,146 +12.1%$120,960
    2014$1,914 $120,960
    Find assessor info on the county website

    Neighborhood: 50153

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Lynnville-Sully

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

    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.