15 days on rocket

321 E 3rd St N, Newton, IA, 50208

$320,000

Home List Price

$3,800*

Closing Credit

0 Baths
4,368 SqFt
$73/SqFt
House
Schools Nearby

Location

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321 E 3rd St N, Newton$320,000

Buyer Closing Credits

$3,800*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1958
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #695365
Lot Size0.20 Acres
StatusActive

About 321 E 3rd St N

Multi family residential conversion approved by city! Introducing a versatile commercial office building designed to meet your business needs and beyond. Nestled in a prime location, this contemporary structure boasts 4,472 square feet of adaptable space, offering ample room for dynamic business operations. This floor plan allows for customizable layouts, ensuring flexibility to accommodate various business setups, from collaborative team spaces to private offices. But that's not all! This property offers an exciting opportunity for conversion into a multi-family home, making it a truly versatile investment. Imagine transforming the spacious office areas into comfortable living spaces, complete with kitchens, bathrooms, and cozy bedrooms. With its strategic location, adaptable design, and potential for residential conversion, this commercial office building presents a unique opportunity for investors and entrepreneurs alike. Whether you're seeking a dynamic workspace or exploring the possibilities of residential development, this property is poised to exceed your expectations. Discover the endless potential of this exceptional building today.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1958
  • Living Area: 4,368 SqFt

Listing Office:

  • Office Name: RE/MAX Revolution
  • Office Phone: (515) 802-8998
  • Listing Agent: Joe Hogan

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Newton Senior High School, Public District Grades 9-12
  • Thomas Jefferson Elementary School, Public District Grades KG-3

Other

Directions Information:

  • Directions: From 1st Ave W turn left onto W 4th St N, proceed .2 miles and turn right on N 4th Ave W, at E 3rd St N you'll turn right. Property is on corner lot to right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $320,000
  • Price Per SqFt: $73/SqFt

Tax Information:

  • Annual Amount: $6,164
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newton, IA.

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Newton, IA

City

Med. Sold Price

$169K

Med. Price/SqFt

$143

Avg. Days On Market

54

# of Sold Homes

20

321 E 3rd St N vs Newton

15 DAYS ON ROCKET

-39 Days

$320,000

+$151K More

$73/SqFt

-$71 Less

KEY TAKEAWAY

This property is $151K more than the Median Sold Price and $71/SqFt less than other homes in Newton, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: DMAAR
  • MLS Number: #695365

Listing Office:

  • Office Name: RE/MAX Revolution
  • Office Phone: (515) 802-8998
  • Listing Agent: Joe Hogan

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2024 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 8:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,164$252,290
2020$10,036$252,290
2019$8,410 -
2017$5,408 -

History based on county public records data.

Payment Calculator

$1,665

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,026

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6196987
4
/10

  • Thomas Jefferson Elementary School

  • 103 Thomas Jefferson Rd

  • 1.36 miles

  • Public District Grades KG-3

High School

school-card-donut-6196988
4
/10

  • Newton Senior High School

  • 800 E 4th St S

  • 0.77 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,073. Most Newton, IA residents have annual incomes less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 321 E 3rd St N

What is the listing price of this property?

The listing price of 321 E 3rd St N property is $320,000.

What type of property is this?

The property 321 E 3rd St N is a house located in Newton, Iowa, 50208.

Is this property for sale now?

Active Listing: 321 E 3rd St N is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 321 E 3rd St N are:
Thomas Jefferson Elementary School: GreatSchools Rating 4/10
Newton Senior High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,164 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 321 E 3rd St N is 4,368 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 321 E 3rd St N is 1958.

Rocket Homes›Iowa›Jasper County›Newton›50208›321 E 3rd St N

This home is located at 321 E 3rd St N in Newton, IA and zip code 50208. This 4,368 square foot home, which was built in 1958, sits on a 0.20 acre lot. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $320,000.

Over 5 listings were sold over their listed price in April 2024 in Newton, IA. In the same period over 9 listings were sold below the listed price and 6 listings were sold for the listed price. In April 2024 in Newton, IA there were 6.9% less homes for sale than in March 2024. While the average time on the market in April 2024 was 54 days, the median list price was $169,000.

From Rocket Homes Real Estate and based on county public records data.

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