7 months on rocket

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

$599,000

Home List Price

$7,113*

Closing Credit

12 Bedrooms
14 Full Baths
514 SqFt
$1,165/SqFt
House

Location

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104 1st Ave E Unit 1, Newton$599,000

Buyer Closing Credits

$7,113*

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

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: $599,000
  • Price Per SqFt: $1,165/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

$175.8K

Med. Price/SqFt

$151

Avg. Days On Market

69

# of Sold Homes

16

104 1st Ave E Unit 1 vs Newton

231 DAYS ON ROCKET

+162 Days

$599,000

+$423.1K More

$1,165/SqFt

+$1K More

KEY TAKEAWAY

This property is $423.1K more than the Median Sold Price and $1K/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: 11/22/2024, 6:20:50 PM 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

$3,590

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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.

Nearby Schools

school-card-donut-698874
2
/10

  • Emerson Hough Elementary School

  • 700 N 4th Ave E

  • 0.48 miles

  • Public District Grades KG-4

school-card-donut-698875
7
/10

  • Woodrow Wilson Elementary School

  • 801 S 8th Ave W

  • 0.69 miles

  • Public District Grades KG-4

school-card-donut-698876
4
/10

  • Thomas Jefferson Elementary School

  • 112 Thomas Jefferson Dr

  • 1.21 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Living In Newton, IA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Newton, IA?

Newton, Iowa, offers a diverse array of housing options, with single-family homes being a significant part of the housing market. The architectural styles in Newton vary, with a mix of historic homes that reflect its rich past and more contemporary designs that cater to modern preferences. The housing market is balanced, with a healthy mix of ownership and rental opportunities, allowing for a variety of choices for residents.

Is Newton, IA a good place to live?

Newton prides itself on a strong sense of community and a quiet, small-town charm that resonates throughout the area. The community is celebrated for its annual events, such as the Jasper County Fair, which showcases the local culture and brings residents together in a festive atmosphere. The town's character is further defined by its commitment to preserving local history and fostering a friendly, welcoming environment.

Are things conveniently located in Newton, IA?

The community is served by a number of public schools, ensuring educational opportunities for children of all ages. Healthcare needs are met by local clinics and the nearby larger medical centers, providing comprehensive care including emergency services. Newton also features a public library system that supports lifelong learning and community engagement. Retail and dining options reflect the local culture, with a range of shops and eateries that cater to both residents and visitors.

What does the transportation in Newton, IA look like?

Transportation in Newton includes a network of roads that connect residents to nearby cities and towns, facilitating easy travel and commuting. Public transportation options are available, providing residents with alternatives to private vehicle use. The town also supports walkability in its downtown area, making it convenient for residents to access local services and amenities on foot. While ride-sharing services are present, they complement the existing transportation infrastructure without dominating it.

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 $599,000.

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.

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 $599,000.

Over 2 listings were sold over their listed price in October 2024 in Newton, IA. In the same period over 10 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Newton, IA decreased by 7.5% between September 2024 and October 2024. Listings spent 69 days on the market in October 2024, and had a median list price of $175,833 during the same period.

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

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