NOT LISTED FOR SALE

1019 550th St Cherokee, IA 51012

Estimated Value: $189,000 - $332,000

4 Beds
2 Baths
2,016 Sq Ft
$130/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $202,000 $100 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,645/month

70 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Forced Air Heating and Cooling System
  • 1 Car Detached Garage
  • Landscaped with Trees
  • Water Softener

About This Home

As of April 2021

Ranch Style Home Located On Just Under 4 Acres Of Ground!! Yep, you read the information correctly....3 Bedrooms on the main floor with a 4th bedroom and 5th non conforming bedroom in the basement. You are sure to be impressed with the amount of storage at this place as well. There was no area unused. The kitchen has a good amount of cabinets and newer appliances. There is 2,688 Sq Ft of space in this home and 2,016 Sq Ft of that being finished living area. This home has had many updates done which include but are not limited to: 1) New Roof in 2012 2) New Central Air in 2015 3) New Furnace in 2018 4) New Tankless Water Heater in 2017 5) Insulation added in 2008. The seller will be installing a new septic system at the time of sale. The Grain Bins are not owned by the home owner, there is an easement that gives the owner of the farm ground around the acreage rights to the bins and use of the driveway to access them. This property offers lower than average utilities for acreages in this area with an average monthly cost of $217 with an approximate break down as follows: $600/ year for propane, $85 / month for electric through MidAmerican, $48 / month for Rural Water, and $34 / month for garbage. The propane tank is rented from JB Propane out of Remsen for $70/yr. Also worth noting this property is scheduled to be getting fiber optics installed this coming year. Don't let this hard to find acreage with a ranch style home slip away before you have a chance to buy it. Seller is offering $5,000 back to the buyer for repairs and/or new flooring.

Last Agent to Sell the Property

Rusty Rasmus

Rasmus Realty & Auction License #S44870 Listed on: 01/20/2021

Last Buyer's Agent

Rusty Rasmus

Rasmus Realty & Auction License #S44870 Listed on: 01/20/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,152

Year Built

  • Built in 1962

Lot Details

  • 3.83 Acre Lot
  • Landscaped with Trees
  • Property is zoned Rural Res

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Shingle Roof
  • Steel Siding

Interior Spaces

  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Bedroom in Basement
  • Laundry in Basement

Outdoor Features

  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Rural Water
  • Water Softener
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 19035-10-03-300-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,152

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: Ranch
  • Property Features: Trees
  • Legal Description: TR S PT SW SW 2416
  • Not Included: Dining Room Table, Gun Safe, & Cedar Chest.
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Included: All Appliances Included. Most personal property such as furniture and decor is negotiable.
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Basement: Block, Full, Partially Finished
  • Basement Rooms: 3/4 Bath, Bedroom, Family, Laundry
  • Main Level Rooms: Bedroom, Dining, Full Bath, Kitchen, Living
  • Total Sq Ft: 2016
  • Main Level Sq Ft: 1344
  • Sq Ft Above Grade: 1344
  • Sq Ft Below Grade Finishe: 672
  • Sq Ft Below Grade Total: 1344
  • Sq Ft Below Grade Unfinis: 672
  • Price Per Sq Ft: 150.3

Exterior Features

  • Exterior: Steel
  • Roof: Shingle

Garage/Parking

  • Garage Type: Detached
  • Driveway: Gravel
  • Garage Spaces: 1
  • Sq Ft Garage: 216

Utilities

  • Air Conditioning Type: Central
  • Flood Insurance: Not Required
  • Fuel Type: Propane
  • Heat Type: Forced Air
  • Sewer Type: Septic
  • Utilities: 217
  • Water Softener: Included
  • Water Type: Rural Water

Association/Amenities

  • Amenities: Storage Shed

Schools

  • Elementary School: Cherokee
  • Middle School: Cherokee
  • High School: Cherokee

Lot Info

  • Acres: 3.83
  • Lot Sq Ft: 166834.80
  • Parcel Number: 19035-10-03-300-008
  • Zoning: Rural Res

Tax Info

  • Gross Taxes: 1152
  • Tax Database Id: 1
  • Assessor Parcel Number: 19035-10-03-300-008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Apr 28, 2021
Sold by
Reusch Nathan
Bought by
Rouillard Adam Daniel
Seller's Agent
Rusty Rasmus
Rasmus Realty & Auction
Buyer's Agent
Rusty Rasmus
Rasmus Realty & Auction
List Price
$200,000
Sold Price
$202,000
Premium/Discount to List
$2,000
1%
Current Estimated Value
$274,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,355
Avg. Annual Appreciation
6.04%
Original Mortgage
$171,700
Outstanding Balance
$158,546
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$101,350
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 Buyer Sale Price Title Company
Rouillard Adam Daniel $202,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rouillard Adam Daniel $171,700
Previous Owner Reusch Nathan T $92,800
Previous Owner Reusch Nathan T $3,126
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $202,000 +6.3% $100 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/26/2021 03/26/21 Price Changed $190,000 -2.6% $94 / Sq Ft
03/02/2021 03/02/21 Price Changed $195,000 -2.5% $97 / Sq Ft
01/20/2021 01/20/21 For Sale $200,000 -- $99 / Sq Ft
Source: Northwest Iowa Regional Board of REALTORS®

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 $2,266 $216,750 $60,940 $155,810
2023 $2,266 $216,750 $60,940 $155,810
2022 $1,810 $155,660 $48,750 $106,910
2021 $1,810 $155,660 $48,750 $106,910
2020 $1,152 $118,250 $35,920 $82,330
2019 $1,194 $118,250 $0 $0
2018 $912 $94,632 $0 $0
2017 $924 $94,632 $0 $0
2016 $926 $94,632 $0 $0
2015 $872 $80,882 $0 $0
2014 $838 $80,882 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 811889

Northwest Iowa Regional Board of REALTORS®

APN: 10-03-300-008