5 years on rocket

1315 1st Ave E, Newton, IA, 50208

$600,000

5.35 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #578479
Lot Size5.35 Acres
StatusActive

About 1315 1st Ave E

Excellent location for retail, commercial, housing, or a combination. +/- 425 feet of frontage. +/-5.35 acres (+/- 233,000 SF) total land. Near the center of Newton's population. Asking price is $3.20/SF ($750,000.00) for the whole property. Frontage is potentially available at $6.50/SF subject to approval by Seller Seller will consider subdivision within reason. NW corner of the property (20,870 SF) is subject to a deed restriction. A portion is in flood plain with fill plans being developed at this time. Iowa DNR will be providing an analysis of the flood plain and to will provide an a outline of the flood area. Iowa DNR will review general development plans and provide direction on fill program. A small lot (2,600 SF) is yet to be acquired - and is not included in the acres or SF listed.

Property Details

Property Features

Listing Office:

  • Office Name: Birkenholz Real Estate
  • Office Phone: (641) 792-4764
  • Listing Agent: Dick Boggess

Lot Features

Lot Information:

  • Lot Size: 5.35 Acres

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 1st Ave E in Newton. Just west of Hy Vee Supermarket and just east of the center of the population of Newton. Excellent visibility and access.

Price Information

Listing Price Info

Price Summary:

  • List Price: $600,000

Tax Information:

  • Annual Amount: $880
  • 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

1315 1st Ave E vs Newton

1878 DAYS ON ROCKET

+1824 Days

$600,000

+$431K More

KEY TAKEAWAY

This property is $431K more than the Median Sold Price in Newton, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: DMAAR
  • MLS Number: #578479

Listing Office:

  • Office Name: Birkenholz Real Estate
  • Office Phone: (641) 792-4764
  • Listing Agent: Dick Boggess

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: 5/15/2024, 11:20:34 AM 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$880$37,560
2020$1,416$37,560
2019$912$37,560
2017$486$19,140

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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-1342758
4
/10
  • Thomas Jefferson Elementary School

  • 103 Thomas Jefferson Rd

  • 0.35 miles

  • Public District Grades KG-3

High School

school-card-donut-1342759
4
/10
  • Newton Senior High School

  • 800 E 4th St S

  • 1.23 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,109. The majority of Newton, IA residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1315 1st Ave E

What is the listing price of this property?

The listing price of 1315 1st Ave E property is $600,000.

What type of property is this?

The property 1315 1st Ave E is land located in Newton, Iowa, 50208.

Is this property for sale now?

Active Listing: 1315 1st Ave E is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1315 1st Ave E are:
Thomas Jefferson Elementary School: GreatSchools Rating 4/10
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 $880 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1315 1st Ave E is 5.35 acres.
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Rocket HomesIowaJasper CountyNewton502081315 1st Ave E

This home is located at 1315 1st Ave E in Newton, IA and zip code 50208. This home sits on a 5.35 acre lot. It has been listed on Rocket Homes since March 25, 2019 and is currently priced at $600,000.

In April 2024 more than 5 listings in Newton, IA were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 9 were sold below. Between March 2024 and April 2024, Newton, IA real estate market has seen decrease in the number of listings by 6.9%. 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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