NOT LISTED FOR SALE

104 5th St Wellman, IA 52356

Estimated Value: $74,000 - $116,000

2 Beds
1 Bath
580 Sq Ft
$156/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $65,000 $112 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $559/month

57 Days on Market

Highlights

  • Porch
  • Forced Air Heating and Cooling System
  • Combination Dining and Living Room
  • 1-Story Property

About This Home

As of January 2022

Affordable one story home, historically used as a rental property. Second bedroom does not have a closet, one bath. Appliances included: Refrigerator, Stove, Washer/ Dryer and window AC. Home is being sold in "as is" condition. Foundation may require some work.

Last Agent to Sell the Property

Tina Hershberger

KALONA REALTY, INC. Listed on: 11/17/2021

Last Buyer's Agent

Hayley Hershberger

KALONA REALTY, INC.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 5,837

Home Design

  • Frame Construction

Interior Spaces

  • 580 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Built-In Oven

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Stone or Rock in Basement
  • Crawl Space

Outdoor Features

  • Porch

Schools

  • Mid Prairie Elementary And Middle School
  • Mid Prairie High School

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available

Community Details

  • 01 Varneys Sd Lot 7 Exc Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0124226012

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

5,837 Sq Ft Lot

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 580
  • Homebuilder: unknown
  • Owner Name L F Mi: Gingerich, Alva Jr. Trust
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Year Built: 1900
  • Subdivision: 01 Varneys SD Lot 7 EXC
  • Directions: HWY 22 to Wellman, left ( south ) on 1st Ave ( Ginkgo), right on 5th street, home is located on the right.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Street Lights
  • Basement Remarks: Crawl, Stone
  • Fireplace Type Location: None
  • Interior R: Other
  • Kitchen Breakfast R: Other
  • Lot Description R: Less than .5 Acre
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: Affordable one story home, historically used as a rental property. Second bedroom does not have a closet, one bath. Appliances included: Refrigerator, Stove, Washer/ Dryer and window AC. Home is being sold in "as is" condition. Foundation may require some work.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Wall Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 2
  • Sq Ft Above: 580
  • Total Full Baths: 1
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Main
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Porch

Garage/Parking

  • Parking Spaces: None

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Central, Forced Air

Condo/Co-op/Association

  • Association Fee: 00
  • Fees Include: None

Schools

  • High School: Mid Prairie
  • Jr Middle School: Mid Prairie
  • Elementary School: Mid Prairie

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: 50 x 117 Ireg
  • Zoning: R

Rental Info

  • Lease Value: 65,000

Tax Info

  • Assessor Parcel Number: 0124226012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Jan 10, 2022
Sold by
Alva Gingerich Jr Trust
Bought by
Rodgers Kevin R
Seller's Agent
Tina Hershberger
KALONA REALTY, INC.
Buyer's Agent
Hayley Hershberger
KALONA REALTY, INC.
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%
Current Estimated Value
$90,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,505
Avg. Annual Appreciation
8.49%
Original Mortgage
$58,500
Outstanding Balance
$53,929
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$36,576

Purchase Details

Closed on
Nov 21, 2009
Sold by
Miller Byron G and Miller Shawna L
Bought by
Gingerich Alva
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Rodgers Kevin R $65,000 None Listed On Document
Gingerich Alva -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodgers Kevin R $58,500
Closed Rodgers Kevin R $3,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2022 01/24/22 Sold $65,000 -13.3% $112 / Sq Ft
01/13/2022 01/13/22 Pending -- -- --
11/17/2021 11/17/21 For Sale $75,000 -- $129 / Sq Ft
Source: Iowa City Area Association of REALTORS®

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
2025 $1,108 $68,600 $6,200 $62,400
2024 $1,108 $62,900 $6,200 $56,700
2023 $1,056 $62,900 $6,200 $56,700
2022 $602 $54,000 $6,200 $47,800
2021 $602 $31,300 $6,200 $25,100
2020 $576 $28,900 $6,200 $22,700
2019 $402 $19,400 $0 $0
2018 $428 $21,500 $0 $0
2017 $400 $19,900 $0 $0
2016 $390 $19,900 $0 $0
2015 $390 $19,900 $0 $0
2014 $392 $19,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202106134

Iowa City Area Association of REALTORS®

APN: 01-24-226-012

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