$36,750
SOLD DEC 6, 2024

101 State St Farmington, IA 52626

3 Beds
1 Bath
2,500 Sq Ft
0.29 Acres

Recently Sold

$15 Per Sq Ft

50% Below List Price

23 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • Family Room
  • Living Room
  • Dining Room

About This Home

As of December 2024

Selling at Online Only Auction! This 2-story, 3–4-bedroom home is situated on a large corner lot with a garage and a lovely view of the Des Moines River. With over 1,600 sq. ft. of finished living space, the main floor includes an eat-in kitchen, dining and living rooms, and a formal sitting room, along with a bedroom, laundry, and bathroom. Upstairs, you’ll find 2 additional bedrooms, a great closet/storage space, and a plumbed bathroom with a classic cast iron tub. The house features spacious rooms with high ceilings, original woodwork, pocket doors, and an ornate staircase that adds character. Additional highlights include a full basement with a tool/workshop area and a large concrete front porch, perfect for relaxation while enjoying the river views. While the home is basic and could use some updating, it presents plenty of potential in a charming setting. Bidding Ends: Wed., Nov. 6th at 10AM. List price is assessed value and has no bearing on final sale price.

Last Agent to Sell the Property

Carrie Fraise

Fraise Auction & Real Estate Listed on: 10/14/2024

Co-Listed By

Laura Story

Fraise Auction Real Estate

Last Buyer's Agent

Carrie Fraise

Fraise Auction & Real Estate Listed on: 10/14/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 97'x132'

Parking

  • 1 Car Detached Garage

Home Design

  • Metal Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Legal Description: LOT 4 & S 31' LOT 3 BLOCK 3
  • Year Built: 1890
  • OFFICELIST_ADDRESS: 101 State Street
  • Co Selling Office I D: 552
  • Distribute To Internet: Yes
  • List Office I D: 829
  • Sales Office I D: 829
  • Selling Agent: 2356
  • Street Designation: Street
  • Building Style: 2 Story
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area Units: Square Feet
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: (4th) Bedroom
  • Total Bathrooms: 1
  • Basement: Full
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Living Room: Living Room
  • Main Floor Sq Ft: 1283
  • Price Per S Q F T: 14.7
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Sq Ft: 2500
  • Below Grade Total Sq Ft: 1283
  • Fireplace: No
  • Total Finished Sq Ft: 2500

Exterior Features

  • Exterior: Metal

Garage/Parking

  • Description: Detached Garage
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: None
  • Garage Stalls: 1
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.29
  • Geo Update Timestamp: 2024-10-14
  • Total Assessed Value: 73990
  • Assessment Pending: No
  • Homestead Description: None
  • Lot Dimensions: 97'x132'
  • Lot Size Sq Ft: 12632
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Gross Taxes: 1114
  • Net Taxes: 1114

MLS Schools

  • School District: Van Buren County School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2024
Closed on
Dec 4, 2024
Sold by
Hamberg Donna M
Bought by
Perkins Kenneth D and Perkins Shawn M
Seller's Agent
Carrie Fraise
Fraise Auction & Real Estate
Buyer's Agent
Carrie Fraise
Fraise Auction & Real Estate
List Price
$73,990
Sold Price
$36,750
Premium/Discount to List
-$37,240
-50.33%
Total Days on Market
23
Views
43
Current Estimated Value
$63,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,138
Avg. Annual Appreciation
202.22%
Original Mortgage
$35,000
Outstanding Balance
$31,449
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$32,439
Source: Public Records

Range of Values:

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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

Purchase History

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

Mortgage History

Date Status Loan Amount Loan Type
Open $35,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $36,750 -50.3% $15 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
10/14/2024 10/14/24 For Sale $73,990 -- $30 / Sq Ft
Source: NoCoast MLS

Tax History Compared to Growth

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 $826 $73,990 $10,670 $63,320
2023 $762 $73,990 $10,670 $63,320
2022 $746 $54,690 $6,600 $48,090
2021 $720 $54,690 $6,600 $48,090
2020 $720 $50,710 $6,500 $44,210
2019 $712 $48,380 $6,500 $41,880
2018 $774 $48,770 $5,340 $43,430
2017 $818 $48,770 $5,340 $43,430
2016 $780 $43,630 $0 $0
2015 $712 $41,030 $0 $0
2014 $712 $41,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6322149

NoCoast MLS

APN: 721235462120