$22,000
SOLD JAN 26, 2021

1021 E State St Algona, IA 50511

3 Beds
3 Baths
1,856 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$12 Per Sq Ft

56% Below List Price

163 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 5-minute walk to Central Park
  • Detached Garage

About This Home

As of December 2022

Duplex investment opportunity! Lower unit is 1+ bedroom/1.5 bath with eat-in kitchen and living room. The upper unit has 2 beds/1 bath. Double car detached garage.

Last Agent to Sell the Property

Dana Reinders

EXIT Realty Midwest- Spencer/Emmetsburg License #S66663 Listed on: 07/25/2020

EXIT Realty Midwest- Spencer/Emmetsburg

Last Buyer's Agent

Dana Reinders

EXIT Realty Midwest- Spencer/Emmetsburg License #S66663 Listed on: 07/25/2020

EXIT Realty Midwest- Spencer/Emmetsburg

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Corner Lot

Parking

  • Detached Garage

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,856 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 22-01-351-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Type: Duplex
  • Year Built: 1910
  • Levels: Two
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Total Sq Ft: 1856
  • Above Grade Finished: 1856
  • Fireplace: No
  • Basement Features: Unfinished

Exterior Features

  • Construction: Frame/Wood
  • Construction Materials: Aluminum Siding
  • Flood Zone: Unknown
  • Road Frontage Type: City Street
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Type: Detached

Utilities

  • Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public/City

Schools

  • School District: Algona

Lot Info

  • Parcel Number: 22-01-351-008
  • Estimated Acres: 0.2
  • Lot Features: Corner Lot
  • Estimated Lot Dimensions: 66X132
  • Lot Sq Ft: 8712

Rental Info

  • Furnished: No

Multi Family

  • Number Of Units: 2

Tax Info

  • Tax Amount: 904
  • Tax Classification: Non-Homestead
  • Taxes W Assessments: 904
  • Tax Year: 2018

MLS Schools

  • School District: Algona

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Dec 5, 2022
Sold by
Capital City Real Estate Inc
Bought by
Falcon Fransisca Cosme
Seller's Agent
Pam Yegge
EXIT Realty Home/Land Properties
Buyer's Agent
Jodi DeLange
EXIT Realty Home/Land Properties
List Price
$169,000
Sold Price
$131,000
Premium/Discount to List
-$38,000
-22.49%
Views
17
Current Estimated Value
$142,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,627
Avg. Annual Appreciation
4.91%
Original Mortgage
$111,350
Outstanding Balance
$107,122
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$41,112

Purchase Details

Closed on
Mar 13, 2020
Sold by
Loancare Llc
Bought by
Fnma
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $131,000 --
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $111,350 New Conventional
Previous Owner $58,839 Construction
Previous Owner $76,500 New Conventional
Previous Owner $71,100 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $131,000 -5.8% $71 / Sq Ft
10/31/2022 10/31/22 Price Changed $139,000 -6.1% $75 / Sq Ft
10/29/2022 10/29/22 Pending -- -- --
10/03/2022 10/03/22 Price Changed $148,000 -4.5% $80 / Sq Ft
09/12/2022 09/12/22 Price Changed $155,000 -8.3% $84 / Sq Ft
08/19/2022 08/19/22 For Sale $169,000 +668.2% $91 / Sq Ft
01/26/2021 01/26/21 Sold $22,000 -21.1% $12 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
12/18/2020 12/18/20 Price Changed $27,900 -44.1% $15 / Sq Ft
07/25/2020 07/25/20 For Sale $49,900 -- $27 / Sq Ft
Source: Iowa Great Lakes 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 $2,368 $143,953 $17,160 $126,793
2023 $2,206 $143,953 $17,160 $126,793
2022 $906 $119,273 $17,160 $102,113
2021 $891 $48,821 $17,160 $31,661
2020 $858 $46,323 $17,160 $29,163
2019 $909 $47,551 $0 $0
2018 $849 $47,551 $0 $0
2017 $844 $43,439 $0 $0
2016 $604 $43,439 $0 $0
2015 $594 $41,939 $0 $0
2014 $562 $41,939 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 201099

Iowa Great Lakes Board of REALTORS®

APN: 22-01-351-008