505 R Street

Sold 12/11/15
Sold 12/11/15
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Sold
Last Sold Price
$150,000
1 bath5,775 sqft
505 R Street, South Amana, IA 52334
Multi FamilyProperty Type
0.54 acresLot Size
1860Year Built
$26/sq ftPrice per sq ft

Description

S Amana, 1 of 7 German Colonies that make up the Amana Colonies, a NationalHistoricLandmark since 1965. A 2 story, all brick(1 ft thick) was built in pre-Civil War era (1860) & used as a Colony School House. Years later the Krauss Family bought & converted it into the School House Apts. 3 generations later there are a total of 8 units. 2 efficiency units @ $200 each=$400 mo./ 2 -1BR units @ $250 each=$500 mo./ 4 -2BR units @ $350 each=$1400 mo. Total =$2300 mo. or $27600 yr in gross Income. Expenses=$11121S Amana, 1 of 7 German Colonies that make up the Amana Colonies, a NationalHistoricLandmark since 1965. A 2 story, all brick(1 ft thick) was built in pre-Civil War era (1860) & used as a Colony School House. Years later the Krauss Family bought & converted it into the School House Apts. 3 generations later there are a total of 8 units. 2 efficiency units @ $200 each=$400 mo./ 2 -1BR units @ $250 each=$500 mo./ 4 -2BR units @ $350 each=$1400 mo. Total =$2300 mo. or $27600 yr in gross Income. Expenses=$11121
  • Listed by: David Mattingly 319.936.5701 dmattingly@cbrep.com • Coldwell Banker Real Estate Professionals
Listing closed: 12/11/2015 12:00 AM • Source: Iowa City Area AOR, MLS#: 20145767

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Recent comparable sales

Median sold price

$289,950

Avg days on market

44

Sale-to-list ratio

94.8%

South Amana, IA

4 comparable properties found

$254,900 | 511 Highway 6 Trail, South Amana, IA 52334
1/65
1

$254,900

Sold 04/30/26

3
Bedrooms
2,159
Square Feet
0.48
Acres

511 Highway 6 Trail, South Amana, IA 52334

$230,000 | 1942 S Avenue, South Amana, IA 52334
1/43
2

$230,000

Sold 04/03/26

3
Bedrooms
1,968
Square Feet
2.86
Acres

1942 S Avenue, South Amana, IA 52334

$578,000 | 1767 T Avenue, South Amana, IA 52334
1/51
3

$578,000

Sold 01/03/25

5
Bedrooms
3,634
Square Feet
3.95
Acres

1767 T Avenue, South Amana, IA 52334

$325,000 | 2957 170th Street, South Amana, IA 52334
1/46
4

$325,000

Sold 07/28/25

4
Bedrooms
2,325
Square Feet
1.23
Acres

2957 170th Street, South Amana, IA 52334

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Location

Listing Courtesy of Coldwell Banker Real Estate Professionals

Sold By Blank & McCune, The Real Estate Company

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$1,115 per month

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Principal and Interest

$775

Property Taxes

$340

HOA Dues

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Property Information for 505 R Street

Property Details
  • Taxes: $4,082 / year
  • MLS Type: Residential / Multi Family
  • County: Iowa County
  • Subdivision Name: South Amana (original)
  • Zoning: Commercial
Building Information
  • Residences: 8
  • Year Built: 1860
  • Lot Size: 0.54 AC / 23,520 SF
Summary
Location and General Information
  • Directions: I-80 West to Hwy 151 (Exit 225), Rt 6 miles to Hwy 6, Lt 3 miles, Rt on 220th Trail. Rt on 'R' Street.
  • Latitude: 41.775484
  • Longitude: -91.966344
  • MLS Area Major: Corridor Area
Taxes and HOA
  • Association Fee Frequency: Annually
  • Association: Yes
  • Parcel Number: 155006042
  • Tax Annual Amount: $4,082.00
  • Tax Year: 2014
School Information
  • Elementary School: CCA Amana
  • High School: Clear Creek
  • Middle Or Junior School: Clear Creek
Property
Lot Information
  • Lot Size Dimensions: 147 x 160
Property and Assessments
  • Above Grade Finished Area: 3960.0
  • Below Grade Finished Area: 1815.0
  • Living Area: 5775.0
  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1860
Building Features
  • Construction Materials: Brick, Frame
Green Features
  • Green Verification: No
Utilities
  • Sewer: Septic Tank
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Refrigerator
  • Basement: Finished, Full, Walk-Out Access
  • Has Basement: Yes
  • Total Bathrooms: 1
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Has Heating: Yes
  • Has Spa: No
Multi Family
Multi Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Electric Expense: $1,200
  • Gross Income: $27,600
  • Insurance Expense: $1,000
  • Maintenance Expense: $2,760
  • Operating Expense: $11,121.00
  • Water Sewer Expense: $1,440.00

Property History for 505 R Street

DateEvent & SourcePriceAppreciation
Dec 11, 2015

Sold

Iowa City Area AOR #20145767

$150,000—
Nov 29, 2015

Contract Signed

Iowa City Area AOR #20145767

—
Nov 18, 2014

Listed (Active)

Iowa City Area AOR #20145767

$165,000—
DateEvent & SourcePrice
12/11/2015

Sold

Iowa City Area AOR #20145767

$150,000
11/29/2015

Contract Signed

Iowa City Area AOR #20145767

—
11/18/2014

Listed (Active)

Iowa City Area AOR #20145767

$165,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 505 R Street

This home is within Clear Creek Amana Community School District.
Rating
School
Type
Grades
Distance
Amana Elementary School
Public - PK to 4
Clear Creek Amana Middle School
Public - 6 to 8
Clear Creek Amana High School
Public - 9 to 12
Clear Creek Elementary School
Public - PK to 4
Rating
School
Distance
Amana Elementary School
PublicPK to 4

Clear Creek Amana Middle School
Public6 to 8

Clear Creek Amana High School
Public9 to 12

Clear Creek Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 505 R Street, South Amana, IA 52334
$150,000
–
1
5,775
23,520
111 220th Trail, South Amana, IA 52334
$187,500
4
2,122
13,503
309 220th Trail, South Amana, IA 52334
$272,000
10
5,174
28,749
402 Q Street, South Amana, IA 52334
$223,000
6
3,175
21,780
1805 4th Avenue, South Amana, IA 52334
$165,000
3
2,232
13,068
1603 4th Avenue, South Amana, IA 52334
$207,000
1
3,696
8,712

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Listing Courtesy of Coldwell Banker Real Estate Professionals

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Iowa City 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. The data is provided from an authorized source. Copyright © 2026 Iowa City Area Association of REALTORS®. All Rights Reserved.