$122,500
$7K PRICE DROP

1016 Pearl St Grinnell, IA 50112

Estimated payment $817/month

Total Views 4,394
-- Bed
-- Bath
1,350 Sq Ft
$91 Price per Sq Ft

About This Home

PRICE REDUCE!!! Looking for an affordable rental property. 2 Units each with 1 bedroom 1 full bath, kitchen and living room. North unit has been totally remolded Kitchen, bath, flooring paint and trim. North side has not been rented since it was remodeled rent on North side would be $700.00 a month. South unit was rented for $650.00 in 2025 this unit has laundry and includes the washer/dryer on second floor. South unit has had a fresh coat of interior paint and a few updates. The tenants will pay all the utilities since everything is metered individually. Alley access with parking. Both units will not be rented during the sale.

Listing Agent

Robin Marcinik

Grinnell Realty LLC Listed on: 04/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,678

Year Built

  • Built in 1900

Home Design

  • Slab Foundation

Additional Features

  • Lot Dimensions are 50x150
  • Forced Air Heating System

Community Details

  • Gross Income $7,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,678

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Year Built: 1900
  • Stories: 1
  • Property Type: Residential Income
  • Co List Office Mls Id: NOC28571
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Basement: Slab
  • Fireplace: No

Exterior Features

  • Roof: Shingle
  • Construction Type: Vinyl Siding

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: MIR

Fee Information

  • Annual Water Sewer Expense: 120

Lot Info

  • Lot Dimensions: 50X150
  • Lot Size Units: Acres
  • Lot Size Sq Ft: 7405.2

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1678

Multi Family

  • Number Of Units Total: 2

Map

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,678 $101,950 $15,000 $86,950
2023 $1,404 $101,950 $15,000 $86,950
2022 $1,392 $74,260 $11,930 $62,330
2021 $1,392 $70,050 $11,250 $58,800
2020 $1,124 $57,820 $11,250 $46,570
2019 $1,140 $57,820 $11,250 $46,570
2018 $1,122 $57,820 $11,250 $46,570
2017 $1,146 $57,820 $11,250 $46,570
2016 $860 $57,820 $11,250 $46,570
2015 -- $43,520 $10,770 $32,750
2014 -- $43,520 $10,770 $32,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Price Changed $122,500 -5.0% $91 / Sq Ft
04/23/2025 04/23/25 For Sale $129,000 +67.5% $96 / Sq Ft
06/17/2024 06/17/24 Sold $77,000 -24.5% $57 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
11/29/2023 11/29/23 For Sale $102,000 +172.7% $76 / Sq Ft
06/21/2012 06/21/12 Sold $37,400 -16.9% $28 / Sq Ft
05/22/2012 05/22/12 Pending -- -- --
08/13/2010 08/13/10 For Sale $45,000 -- $33 / Sq Ft
Source: NoCoast MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $77,000 None Listed On Document
Warranty Deed $37,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $57,750 New Conventional
Source: Public Records

Source: NoCoast MLS

MLS Number: NOC6326926

NoCoast MLS

APN: 180-0697900