306 E 8th St Prairie City, IA 50228

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2 beds · 2 baths · 1,383 sq ft · Lot Size: 9,600 sq ft · Single Family Home
Est. Property Value: $162,738

Valued above Market MedianOwned for 15 - 25 YearsOwner Age 45 - 55

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306 E 8th St is in the 50228 neighborhood of Prairie City, IA. It is located in Jasper County and ZIP code 50228. This Single Family Home was built in 1982 and is approximately 43 years old. The single family home spans 1383 sq ft with 2 bedrooms and 2 bathrooms and sits on a 9600 sq ft lot. According to public records, it was last sold in 2006 for $120,500 and has a tax-assessed value of $195,130, which is $118 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 306 E 8th St Prairie City, IA 50228 with Property Intel by Whitepages.

Investment Potential for 306 E 8th St

The property has a current estimated value of $162,738, which is 28% above the zip median, based on public records. It last sold on May 03, 2006 for $121K. Projected long-term
is $19,800 annually ($1,650 per month) with a 93% occupancy rate.

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Long-Term

Gross Rental
$19,800 per year($1,650 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
93%in 50228 zip code
 
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Owners & Occupancy for 306 E 8th St

This property is owned by Shawn L Doty. Owner contact information includes 3 phone numbers and 1 email address.

Property Owners

Residence****************
Landline(641) 259-3095
Distance from Property**********
Email Address**********@yahoo.comView Email
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Property Ownership Information

Purchase DateMay 03, 2006
Property Tax Amount$3,046 in 2024
Purchase Price$120,500

Occupancy

Current Occupancy*****View Occupancy
Resident 1************ age 45

Property Details for 306 E 8th St

Property Details

Property Sq Ft

Living Area

1,383 sq ft

18% above market

Lot Size

9,600 sq ft

5% above market

Price Per Sq Ft

Living Area

$118 / sq ft

10% above market

Lot Size Area

$17 / sq ft

40% above market

Property condition, age, exterior, etc. for 306 E 8th …
Longitude: -93.232698 Latitude: 41.602256 Parcel Number (APN): 11-36-479-006…
Mortgage originated on through lender: Intervale Mtg Corp for$*****View Mortgage Details

Recommended Properties in 50228

Discover more single family homes near 306 E 8th St in Prairie City, Iowa. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 306 E 8th St in Jasper County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$162,738
$135,362
$27,377 (20%)
$******
$216,598
-$29,977 (-14%)
YoY Price Change
****%
3.66%
630%
Year Built
1982
1950
32 years
Living Space
1,383 sq ft
1,120 sq ft
263 (23%)
$ Per Living Sq Ft
$118
$118
$0 (0%)
Lot Size
9,600 sq ft
8,400 sq ft
1200 (14%)
$ Per Lot Sq Ft
$17
$14
$3 (21%)

Net Operating Income
$*****
$11,086
$1,827 (16%)
Annual Revenue
$19,800
$16,200
$3,600 (22%)
$****
$5,006
$1,881 (38%)
Net Operating Income
$*****
$11,086
$1,827 (16%)
Cap Rate
****%
8.22%
—
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Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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