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$173,000   Price Analysis
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501 W Jefferson Ave
Fairfield, IA 52556
4 bed 3 bath 2,074 SqFt ($83/SqFt)
8,712SqFt lot. Built 1890
Listed 2024-01-02, Taxes $2,376
USDA Eligible
near Fairfield, IA
 Restrictions may apply
due to home size

This is a wonderful property!

You can live in one part and rent the other. The downstairs is roomy and comfortable with a fabulous kitchen and pretty bathroom attached to the main bedroom with a washer and dryer. There is a second bedroom (or it could be an office) with slidin g glass doors leading to a large deck. The upstairs unit has 2 bedrooms and a bathroom with a small kitchen. It was rented for $550.00 plus utilities. There are separate meters for the main floor and upstairs unit. And there is a separate meter for outside, in case there is a need. (like for a camper) The average energy use for downstairs is $131.00 (gas and electrc) The average energy use for the upstairs apartment is $124.00 (electric only) Another excellent thing about this property is there are 4 garage spaces. One garage is close to the house with a breezeway in-between. The other 3 spaces are a separate building. You could rent out the extra garages for even more income!

It also has a newer metal roof.


Presented by Lisa Cohen at
Village Realty.


Property MLS #6313840 from NoCoastMLS

Bedrooms: 4

Full Bathrooms: 3

Garage Spaces: 4

Lot Size Acres: 0.2
Lot Size Dimensions: 62 x 141
Lot Size Square Feet: 8712

Gross Income: 6600

Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Full Bathrooms in Unit-1: 1
Total Rooms in Unit-1: 7
Total Rooms in Unit-2: 5

Association Name: SEIA

Annual Tax Amount: 2430
Source Listing Status: Active
County: Jefferson
Directions: From 6th Street, turn East on Jefferson.
Tax Year: 2022
Source Property Type: MULTI-FAMILY (2-4 UNITS)
Area: Jefferson
Source Neighborhood: Jefferson
Property Subtype: Duplex Up and Down
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$113,600 + $12,600
$126,200
$2,376
2021$113,600 + $12,600
$126,200
$2,374
2020$107,900 + $12,600
$120,500
$2,344
2019$107,900 + $12,600
$120,500
$2,512
2018$106,100 + $13,500
$119,600
$2,404
2017$106,100 + $13,500
$119,600
$1,902
2016$83,700 + $14,200
$97,900
$1,888
2014$80,300 + $12,600
$92,900
$1,826
2013$80,300 + $12,600
$92,900
$1,326
2012$67,400 + $7,000
$74,400
$1,352

Price Changed 2024-04-29
$173,000
NoCoastMLS
Listed 2024-01-02
$176,000
NoCoastMLS
Listing removed 2023-11-05
$174,900
SouthEastIowa
Listing removed 2023-10-26
$0
SouthEastIowa
Price Changed 2023-07-28
$174,900
SouthEastIowa
Listed 2023-05-26
$179,900
SouthEastIowa
Sold 2016-08-19
$113,500
Public Record

Total Square Feet Living: 2074
Property Age: 134

Fairfield High School is a public high school located approximately 0.8 miles away.
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Pence Elementary School is a public elementary school located approximately 0.5 miles away.
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Fairfield Middle School is a public elementary and middle school located approximately 0.7 miles away.
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Maharishi School is a private elementary, middle and high school located approximately 0.8 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.