506 N Sherman St Prairie City, IA 50228

3 beds · 2 baths · 1,294 sq ft · Lot Size: 9,890 sq ft · Single Family Home
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506 N Sherman 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 1980 and is approximately 45 years old. The single family home spans 1294 sq ft with 3 bedrooms and 2 bathrooms and sits on a 9890 sq ft lot. According to public records, it was last sold in 1998. Analyze and compare real estate investment strategies for properties like this home at 506 N Sherman St Prairie City, IA 50228 with Property Intel by Whitepages.

Investment Potential for 506 N Sherman St

The property has a current estimated value of $171,629, which is 4% below the zip median, based on public records. It last sold on August 21, 1998. Projected long-term
is $19,200 annually ($1,600 per month) with a 93% occupancy rate.

Long-Term

Gross Rental
$19,200 per year($1,600 per month)
Net Operating Income
Cap Rate
Occupancy Rate
93%in 50228 zip code
 
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Owners & Occupancy for 506 N Sherman St

This property is owned by Anthony D Ladehoff. Owner contact information includes 5 phone numbers and 2 email addresses.

Property Owners

Cell Phone(515) ***-****
Residence****************
Landline(515) 994-2301+ 2 more
Distance from Property**********
Email Address*********@hotmail.com

Property Ownership Information

Purchase DateAugust 21, 1998
Property Tax Amount$2,562 in 2024

Occupancy

Current Occupancy*****View Occupancy
Resident 1****************** age 52
Resident 2**************
Resident 3************************** age 51

Property Details for 506 N Sherman St

Property Details

Property Sq Ft

Living Area

1,294 sq ft

Compare to 50228

Lot Size

9,890 sq ft

Compare to 50228

Price Per Sq Ft

Living Area

$133 / sq ft

Compare to 50228

Lot Size Area

$17 / sq ft

Compare to 50228
Property condition, age, exterior, etc. for 506 N Sher…
Longitude: -93.232758 Latitude: 41.602918 Parcel Number (APN): 11-36-479-001…
Mortgage originated on through lender: UNKNOWN for$*****View Mortgage Details
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Market Benchmarks

Compare data for 506 N Sherman St in Jasper County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$171,629
$206,495
-$34,866 (-17%)
YoY Price Change
2.63%
549%
Year Built
1980
1966
14 years
Living Space
1,294 sq ft
1,561 sq ft
-267 (-17%)
$ Per Living Sq Ft
$133
$136
-$3 (-3%)
Lot Size
9,890 sq ft
10,500 sq ft
-610 (-6%)
$ Per Lot Sq Ft
$17
$23
-$5 (-23%)

Net Operating Income
$12,698
$116 (1%)
Annual Revenue
$19,200
$19,200
$0 (0%)
$6,021
$365 (6%)
Net Operating Income
$12,698
$116 (1%)
Cap Rate
5.46%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians