503 S Norris St Prairie City, IA 50228

3 beds · 1 bath · 1,132 sq ft · Lot Size: 10,287 sq ft · Single Family Home
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503 S Norris 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 1965 and is approximately 60 years old. The single family home spans 1132 sq ft with 3 bedrooms and 1 bathroom and sits on a 10287 sq ft lot. According to public records, it was last sold in 2019 for $152,000. Analyze and compare real estate investment strategies for properties like this home at 503 S Norris St Prairie City, IA 50228 with Property Intel by Whitepages.

Investment Potential for 503 S Norris St

The property has a current estimated value of $140,303, which is 21% below the zip median, based on public records. It last sold on May 03, 2019 for $152K. Projected long-term
is $17,400 annually ($1,450 per month) with a 93% occupancy rate.

Long-Term

Gross Rental
$17,400 per year($1,450 per month)
Net Operating Income
Cap Rate
Occupancy Rate
93%in 50228 zip code
 
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Owners & Occupancy for 503 S Norris St

This property is owned by Shaun J Flood. Owner contact information includes 13 phone numbers and 6 email addresses.

Property Owners

OccupationProperty Manager, Senne
Cell Phone(515) ***-****
Residence****************
Landline(515) 244-2555+ 7 more
Distance from Property**********
Email Address***********@yahoo.com
Cell Phone(515) ***-****
Residence****************
Landline(515) 265-0544
Distance from Property**********
Email Address**************@yahoo.com

Property Ownership Information

Purchase DateMay 03, 2019
Property Tax Amount$2,796 in 2024
Purchase Price$152,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 40
Resident 2***************** age 52
Resident 3************* age 47
Resident 4********************** age 51
Resident 5************** age 75

Property Details for 503 S Norris St

Property Details

Property Sq Ft

Living Area

1,132 sq ft

Compare to 50228

Lot Size

10,287 sq ft

Compare to 50228

Price Per Sq Ft

Living Area

$124 / sq ft

Compare to 50228

Lot Size Area

$14 / sq ft

Compare to 50228
Property condition, age, exterior, etc. for 503 S Norr…
Longitude: -93.243507 Latitude: 41.594631 Parcel Number (APN): 16-02-218-002…
Mortgage originated on through lender: Land Hm Fin'l Svcs Inc for$******View Mortgage Details
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Market Benchmarks

Compare data for 503 S Norris St in Jasper County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$140,303
$206,495
-$66,191 (-32%)
YoY Price Change
2.63%
511%
Year Built
1965
1966
-1 years
Living Space
1,132 sq ft
1,561 sq ft
-429 (-27%)
$ Per Living Sq Ft
$124
$136
-$12 (-9%)
Lot Size
10,287 sq ft
10,500 sq ft
-213 (-2%)
$ Per Lot Sq Ft
$14
$23
-$9 (-39%)

Net Operating Income
$12,698
-$1,450 (-11%)
Annual Revenue
$17,400
$19,200
-$1,800 (-9%)
$6,021
$131 (2%)
Net Operating Income
$12,698
-$1,450 (-11%)
Cap Rate
5.46%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians