26 days on rocket

110 N 2nd Ave W, Newton, IA, 50208

$228,500

Home List Price

$2,713*

Closing Credit

1 Bedroom
1 Partial Bath
2,548 SqFt
$90/SqFt
Condo
Schools Nearby

Location

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110 N 2nd Ave W, Newton$228,500

Buyer Closing Credits

$2,713*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached, Garage, One Car Garage
Attached Garage1 space
Year Built1875
MLS #692743
StatusActive

About 110 N 2nd Ave W

Opportunity awaits at 110 N 2nd Ave W, Newton, IA. This property offers a fully furnished apartment on the second level that's perfect for generating additional income through short or long-term rentals. Immaculately finished, the second-level apartment features a cozy main living space accented by a warm fireplace, a well-appointed kitchen, and a spacious bedroom. The full bath is tastefully finished with a tile surround tub/shower, and the convenience of a laundry room enhances the comfort of this space. Step outside onto the covered deck and savor the serene environment, an added luxury for tenants or guests. Below, the main level presents a multi-use space ripe with potential. Finished by a home builder as a show room, its high-end touches set the stage for a myriad of uses - from additional residential apartments to an office or retail space, the possibilities are endless. Additional features include an oversized one-car garage with a stunning 3/4 glass overhead door that opens up to the alley, offering a unique aesthetic and functional edge. This property's flexible layout allows for easy conversion to suit any vision, making it an ideal investment for those looking to capitalize on Newton's growing market. Multiple financing options available as well as grants available through Newton Main Street Development Corp.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1875
  • Stories: 2
  • Living Area: 2,548 SqFt

Listing Office:

  • Office Name: Real Estate Solutions
  • Office Phone: (515) 601-8786
  • Listing Agent: Evan Corey

Interior Features

Interior Information:

  • Appliances: Oven, Cooktop, Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Garage, One Car Garage

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: Located on the North Side of the City Square

Price Information

Listing Price Info

Price Summary:

  • List Price: $228,500
  • Price Per SqFt: $90/SqFt

Tax Information:

  • Annual Amount: $3,118
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$169K

Med. Price/SqFt

$143

Avg. Days On Market

54

# of Sold Homes

20

110 N 2nd Ave W vs Newton

26 DAYS ON ROCKET

-28 Days

$228,500

+$59.5K More

$90/SqFt

-$54 Less

KEY TAKEAWAY

This property is $59.5K more than the Median Sold Price and $54/SqFt less than other homes in Newton, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: DMAAR
  • MLS Number: #692743

Listing Office:

  • Office Name: Real Estate Solutions
  • Office Phone: (515) 601-8786
  • Listing Agent: Evan Corey

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: 5/1/2024, 8:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,118$130,430
2020$4,610$130,430
2019$2,204$78,970
2017$2,218$72,190

History based on county public records data.

Payment Calculator

$1,208

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$752

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-4377506
3
/10
  • Thomas Jefferson Elementary School

  • 103 Thomas Jefferson Rd

  • 1.21 miles

  • Public District Grades KG-3

High School

school-card-donut-4377507
4
/10
  • Newton Senior High School

  • 800 E 4th St S

  • 0.71 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 110 N 2nd Ave W

What is the listing price of this property?

The listing price of 110 N 2nd Ave W property is $228,500.

What type of property is this?

The property 110 N 2nd Ave W is a condo located in Newton, Iowa, 50208.

Is this property for sale now?

Active Listing: 110 N 2nd Ave W is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 110 N 2nd Ave W are:
Thomas Jefferson Elementary School: GreatSchools Rating 3/10
Newton Senior High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,118 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 110 N 2nd Ave W has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 110 N 2nd Ave W is 2,548 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 110 N 2nd Ave W is 1875.

Rocket HomesIowaJasper CountyNewton50208110 N 2nd Ave W

This home is located at 110 N 2nd Ave W in Newton, IA and zip code 50208. This 2,548 square foot home was built in 1875. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $228,500.

Over 5 listings were sold over their listed price in April 2024 in Newton, IA. In the same period over 9 listings were sold below the listed price and 6 listings were sold for the listed price. In April 2024 in Newton, IA there were 6.9% less homes for sale than in March 2024. In April 2024 median list price was $169,000 and the average listing age was 54 days.

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

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