26 days on rocket

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

$699,000

Home List Price

$8,301*

Closing Credit

12 Bedrooms
14 Full Baths
514 SqFt
$1,360/SqFt
House
Schools Nearby

Location

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104 1st Ave E Unit 1, Newton$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1900
HeatingElectric, Forced Air
CoolingCentral Air
MLS #692679
StatusActive

About 104 1st Ave E Unit 1

Investors special, lots of potential! This was a passion project for current owner. Property has not been lived in since current owners have owner it, looking for someone to carry on the project. All units are deeded as condominiums. The seller owns all 15 units and would like to sell them as a portfolio. 11 of the 15 units have been remodeled with amish craftsmanship, quality and uniqueness. The 4 others are down to studs and would need to be finished by new buyer. Lots of materials there to help finish the units. The common area has also been remodeled. All units are located on the second level of the Jewel building located across from the court house in downtown Newton. Total sq footage of all units is 7,693. There are 2 entrances into the building, one off 1st Ave, one off 1st street. All information obtained from seller and public records.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 514 SqFt

Listing Office:

  • Office Name: Agency Iowa
  • Office Email: scotbergmanrealestate@gmail.com
  • Listing Agent: Bergman, Scot

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 14
  • Total Bedroom Count: 12

Utilities

Utilities Information:

  • Heating: Electric, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Newton Senior High School, Public District Grades 9-12
  • Thomas Jefferson Elementary School, Public District Grades KG-3

Other

Directions Information:

  • Directions: From US-6 E, turn right onto 1st Ave W, building on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
  • Price Per SqFt: $1,360/SqFt

HOA Fees:

  • Amount: $6400
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Newton, IA.

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Newton, IA

City

Med. Sold Price

$169K

Med. Price/SqFt

$143

Avg. Days On Market

54

# of Sold Homes

20

104 1st Ave E Unit 1 vs Newton

26 DAYS ON ROCKET

-28 Days

$699,000

+$530K More

$1,360/SqFt

+$1.2K More

KEY TAKEAWAY

This property is $530K more than the Median Sold Price and $1.2K/SqFt more than other homes in Newton, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: DMAAR
  • MLS Number: #692679

Listing Office:

  • Office Name: Agency Iowa
  • Office Email: scotbergmanrealestate@gmail.com
  • Listing Agent: Bergman, Scot

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2024 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 4:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,089

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4538349
3
/10

  • Thomas Jefferson Elementary School

  • 103 Thomas Jefferson Rd

  • 1.25 miles

  • Public District Grades KG-3

High School

school-card-donut-4538350
4
/10

  • Newton Senior High School

  • 800 E 4th St S

  • 0.63 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,073. Typical income of Newton, IA residents is less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 104 1st Ave E Unit 1

What is the listing price of this property?

The listing price of 104 1st Ave E Unit 1 property is $699,000.

What type of property is this?

The property 104 1st Ave E Unit 1 is a house located in Newton, Iowa, 50208.

Is this property for sale now?

Active Listing: 104 1st Ave E Unit 1 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 104 1st Ave E Unit 1 are:
Thomas Jefferson Elementary School: GreatSchools Rating 3/10
Newton Senior High School: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 104 1st Ave E Unit 1 has 12 bedrooms and 14 bathrooms.

What is the square footage of this property?

The property 104 1st Ave E Unit 1 is 514 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 104 1st Ave E Unit 1 is 1900.

Rocket Homes›Iowa›Jasper County›Newton›50208›104 1st Ave E Unit 1

This home is located at 104 1st Ave E Unit 1 in Newton, IA and zip code 50208. This 514 square foot home was built in 1900. Features: 12 bedrooms, 14 bathrooms. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $699,000.

In April 2024, from all listings sold in Newton, IA there were more than 5 sold above asking price, over 9 sold below and more than 6 were sold right at the asked price. The number of homes for sale in Newton, IA decreased by 6.9% between March 2024 and April 2024. In April 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $169,000.

From Rocket Homes Real Estate and based on county public records data.

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