$1,500,000 Price Analysis   ♡   Marcus, IA 51035 Unknown bed None bath 9,888 SqFt ($151/SqFt) 2.16 acre lot. Built 1979 Listed 2022-01-06, Taxes $6,760 | May be USDA loan restricted due to income limits near Marcus |
This is a 16 unit complex.
Three of th e units are 2 bedroom and thirteen of the units are 1 bedroom. All units share a laundry area. Location, large parking lot and a nice gazebo area are definitely a bonus for the tenants and the complex overall!! There is extra green space where additional units could be built. Contmporary shingles/sheeting in 2020 and downspouts.
New siding in 2020 also. Each building has 4 units and a total of 2, 472 square feet per building. Eight units have been completely remodeled in 2020-2021. Included is a 12`x20` one car garage for maintenance and owner use. Units include eat in kitchen with stove and fridge, living room, 1 or 2 bedrooms and a full bath. NOTE: Buildings are all electric, there is no gas service.
Presented by Carl Nelson at
Northwest Realty Inc.
Property MLS #815843 from NWIowaRegional
Heating Features: Baseboard
Lot Size Square Feet: 94090
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Bedrooms in Unit-7: 1
Bedrooms in Unit-8: 1
Bedrooms in Unit-9: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Full Bathrooms in Unit-5: 1
Full Bathrooms in Unit-6: 1
Full Bathrooms in Unit-7: 1
Full Bathrooms in Unit-8: 1
Full Bathrooms in Unit-9: 1
Unit-1 Square Feet: 706
Unit-2 Square Feet: 706
Unit-3 Square Feet: 572
Unit-4 Square Feet: 572
Unit-5 Square Feet: 606
Unit-6 Square Feet: 606
Unit-7 Square Feet: 606
Unit-8 Square Feet: 572
Unit 1 Total Actual Rent: 725
Unit 2 Total Actual Rent: 725
Unit 3 Total Actual Rent: 630
Unit 4 Total Actual Rent: 630
Unit 5 Total Actual Rent: 630
Unit 6 Total Actual Rent: 630
Unit 7 Total Actual Rent: 630
Unit 8 Total Actual Rent: 630
Unit 9 Total Actual Rent: 630
Source Listing Status: Active
County: Cherokee
Tax Year: 2021
Source Property Type: Multi-Unit
Area: Surrounding Areas/Other Areas
Source Neighborhood: Surrounding Areas/Other Areas
Parcel Number: 0504400002
Zoning: Multi Res
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $304,790 + $42,400 $347,190 | $6,760 |
| 2021 | $304,790 + $42,400 $347,190 | $7,252 |
| 2020 | $304,790 + $42,400 $347,190 | $7,218 |
| 2019 | $304,790 + $42,400 $347,190 | $6,874 |
| 2018 | $275,130 + $42,400 $317,530 | $6,668 |
| 2017 | $252,997 + $34,155 $287,152 | $6,950 |
| 2016 | $252,997 + $34,155 $287,152 | $7,658 |
| 2015 | $252,997 + $34,155 $287,152 | $8,490 |
| 2014 | $252,997 + $34,155 $287,152 | $9,202 |
| 2013 | $252,997 + $34,155 $287,152 | $9,451 |
| 2012 | $252,997 + $34,155 $287,152 | $9,552 |
| 2011 | $252,997 + $34,155 $287,152 | $10,092 |
| 2009 | $252,997 + $34,155 $287,152 | $8,752 |
| 2008 | $29,700 + $219,997 $249,697 | $3,426 |
| 2004 | $unknown + $unknown $249,697 | $7,990 |
$1,500,000
NWIowaRegional
Listing removed 2023-09-16
$0
NWIowaRegional
Price Changed 2023-03-31
$1,500,000
NWIowaRegional
Price Changed 2023-02-14
$1,600,000
NWIowaRegional
Listed 2022-01-06
$1,800,000
NWIowaRegional
Sold 2020-07-10
$375,000
Public Record
Sold 2014-01-21
$365,000
NWIowaRegional
Listed 2013-09-04
$400,000
NWIowaRegional
Listing removed 2012-03-31
$409,950
NWIowaRegional
Listed 2011-12-09
$409,950
NWIowaRegional
Listing removed 2011-12-09
$409,950
NWIowaRegional
Listed 2011-10-03
$409,950
NWIowaRegional
Sold 2002-10-04
$235,000
NWIowaRegional
Year Built: 1979
Property Age: 45
Total Area Main: 9888
Water Source: City
Map directions Map directions
 |  |  |  |  |
 |  |  |  | |
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.