700 W Mcmurray St Prairie City, IA 50228

3 beds · 1 bath · 1,196 sq ft · Lot Size: 10,287 sq ft · Single Family Home
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700 W Mcmurray 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 1964 and is approximately 61 years old. The single family home spans 1196 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 2017 for $107,000. Analyze and compare real estate investment strategies for properties like this home at 700 W Mcmurray St Prairie City, IA 50228 with Property Intel by Whitepages.

Investment Potential for 700 W Mcmurray St

The property has a current estimated value of $142,195, which is 20% below the zip median, based on public records. It last sold on October 16, 2017 for $107K. Projected long-term
is $18,000 annually ($1,500 per month) with a 93% occupancy rate.

Long-Term

Gross Rental
$18,000 per year($1,500 per month)
Net Operating Income
Cap Rate
Occupancy Rate
93%in 50228 zip code
 
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Owners & Occupancy for 700 W Mcmurray St

This property is owned by William G Chizek. Owner contact information includes 6 phone numbers and 7 email addresses.

Property Owners

Cell Phone(515) ***-****
Residence****************
Landline(515) 994-3259+ 3 more
Distance from Property**********
Email Address**************@gmail.com

Property Ownership Information

Purchase DateOctober 16, 2017
Property Tax Amount$2,398 in 2024
Purchase Price$107,000

Occupancy

Resident 1*********************** age 31
Resident 2************************* age 32

Property Details for 700 W Mcmurray St

Property Details

Property Sq Ft

Living Area

1,196 sq ft

Compare to 50228

Lot Size

10,287 sq ft

Compare to 50228

Price Per Sq Ft

Living Area

$119 / sq ft

Compare to 50228

Lot Size Area

$14 / sq ft

Compare to 50228
Property condition, age, exterior, etc. for 700 W Mcmu…
Longitude: -93.24351 Latitude: 41.594846 Parcel Number (APN): 16-02-218-001…
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Market Benchmarks

Compare data for 700 W Mcmurray St in Jasper County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$142,195
$206,495
-$64,300 (-31%)
YoY Price Change
2.63%
469%
Year Built
1964
1966
-2 years
Living Space
1,196 sq ft
1,561 sq ft
-365 (-23%)
$ Per Living Sq Ft
$119
$136
-$17 (-13%)
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
-$547 (-4%)
Annual Revenue
$18,000
$19,200
-$1,200 (-6%)
$6,021
-$172 (-3%)
Net Operating Income
$12,698
-$547 (-4%)
Cap Rate
5.46%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians