401 S West St Prairie City, IA 50228

Get Owner Info
2 beds · 1 bath · 960 sq ft · Lot Size: 7,378 sq ft · Single Family Home
Est. Property Value: $90,579

High Demand Long-Term RentalValued below Market MedianOwned for 15 - 25 YearsOwner Age 55 - 65

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

401 S West 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 1986 and is approximately 39 years old. The single family home spans 960 sq ft with 2 bedrooms and 1 bathroom and sits on a 7378 sq ft lot. According to public records, it was last sold in 2007 for $102,000 and has a tax-assessed value of $165,230, which is $94 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 401 S West St Prairie City, IA 50228 with Property Intel by Whitepages.

Owners & Occupancy for 401 S West St

This property is owned by David L Williams. Owner contact information includes 13 phone numbers and 4 email addresses.

Property Owners

OccupationFire Fighter Paramedic, Altoona Fire Department
Cell Phone(760) ***-****View Cell Phone
Residence****************
Landline(515) 994-2922
Distance from Property**********
Email Address***********@yahoo.comView Email
View All Owner Info

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************** age 58

Property Financials for 401 S West St

401 S West St, Prairie City, IA has a mortgage from Nationwide Advantage Mtg Co (orig. March 27, 2010). The Jasper county assessment for 2024 values it at $165,230, with annual taxes of $2,416.

Mortgage & Equity Information

Loan Amount$******
LenderNationwide Advantage Mtg Co
Origination DateMarch 27, 2010
Interest Rate****%
Term30 Years
Est Balance$********
Due Date**************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateJuly 10, 2007
Property Tax Amount$2,416 in 2024
Purchase Price$102,000
Assessed Value$165,230 on 2024

Investment Potential for 401 S West St

The property has a current estimated value of $90,579, which is 29% below the zip median, based on public records. It last sold on July 10, 2007 for $102K. Projected long-term
is $18,000 annually ($1,500 per month) with a 93% occupancy rate.

Discover more Single Family Homes in 50228.
See Recommended Properties

Long-Term

Gross Rental
$18,000 per year($1,500 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
93%in 50228 zip code
 
View Rental Potential

Property Details for 401 S West St

Property Details

Property Sq Ft

Living Area

960 sq ft

18% below market

Lot Size

7,378 sq ft

19% below market

Price Per Sq Ft

Living Area

$94 / sq ft

11% below market

Lot Size Area

$12 / sq ft

1% above market

Property condition, age, exterior, etc. for 401 S West…
Longitude: -93.239943 Latitude: 41.595317 Parcel Number (APN): 16-02-216-004…

Recommended Properties in 50228

Discover more single family homes near 401 S West 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 401 S West St in Jasper County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$90,579
$135,362
-$44,783 (-33%)
$******
$216,598
-$112,726 (-52%)
YoY Price Change
****%
3.66%
340%
Year Built
1986
1950
36 years
Living Space
960 sq ft
1,120 sq ft
-160 (-14%)
$ Per Living Sq Ft
$94
$118
-$24 (-20%)
Lot Size
7,378 sq ft
8,400 sq ft
-1022 (-12%)
$ Per Lot Sq Ft
$12
$14
-$2 (-12%)

Net Operating Income
$*****
$11,086
$1,418 (13%)
Annual Revenue
$18,000
$16,200
$1,800 (11%)
$****
$5,006
$490 (10%)
Net Operating Income
$*****
$11,086
$1,418 (13%)
Cap Rate
****%
8.22%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

Find More Housing Markets Near Prairie City