NOT LISTED FOR SALE

107 Commercial St Reinbeck, IA 50669

Estimated Value: $131,000 - $149,000

2 Beds
1.5 Baths
1,504 Sq Ft
$94/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $50,000 $33 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $899/month

310 Days on Market

About This Home

As of October 2018

Looking to get away from the quick pace of the Cedar Valley? Maybe think about moving to Reinbeck! With the feel of small town living and the accessibility to the city life, this may be the perfect fit for you! This story and a half has a lot to offer for the price!

Last Agent to Sell the Property

Andrew Schoof

Structure Real Estate License #B61908000 Listed on: 11/06/2017

Co-Listed By

Jessica Schoof

Structure Real Estate License #S65897000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $998

Year Built

  • Built in 1935

Lot Details

  • 4,290 Sq Ft Lot
  • Lot Dimensions are 39x110
  • Property is zoned R-2

Parking

  • 1 Car Garage

Home Design

  • 1,504 Sq Ft Home
  • Asphalt Roof
  • Masonite

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Reinbeck Elementary School
  • Gladbrook-Reinbeck Middle School
  • Reinbeck High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 871528129008

Home Details

Home Type

Single Family

Est. Annual Taxes

$998

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Parcel Number: 871528129008
  • Year Built: 1935
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Lot Size Acres: 0.1
  • Road Surface Type: Alley
  • Co List Office Mls Id: NBR425
  • Co List Office Phone: 319-260-2016
  • Co List Office Phone: 319-260-2016
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1504
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 884

Exterior Features

  • Construction Type: Masonite

Garage/Parking

  • Parking Features: 1 Stall

Utilities

  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Sewer: City Sewer
  • Water Source: City

Schools

  • Elementary School: Reinbeck Elementary
  • High School: Reinbeck High
  • Middle Or Junior School: Gladbrook-Reinbeck

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 39x110
  • Lot Size Sq Ft: 4290
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 998

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2020
Sold by
Hock Derrick Ryan and Hock Annastasia Marie
Bought by
Wedeking Blake
Current Estimated Value
$141,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2017
Closed on
Oct 19, 2018
Sold by
Veridian Cu
Bought by
Hock Derrick R and Hock Annastasia M
Seller's Agent
Andrew Schoof
Structure Real Estate
List Price
$62,900
Sold Price
$50,000
Premium/Discount to List
-$12,900
-20.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.41%
Original Mortgage
$51,075
Interest Rate
4.7%
Mortgage Type
VA

Purchase Details

Listed on
Jul 6, 2015
Closed on
Oct 16, 2015
Sold by
Metz Shane W and Metz Trista L
Bought by
Delahunt Michael and Delahunt Michael I
Seller's Agent
Lance Bertram
Huff Land Company
List Price
$72,000
Sold Price
$69,000
Premium/Discount to List
-$3,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.05%
Original Mortgage
$55,200
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 30, 2007
Sold by
Borwig Christopher G and Borwig Deborah D
Bought by
Metz Shane W and Lebahn Trista L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,529
Interest Rate
6.25%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Wedeking Blake $60,000 None Available
Hock Derrick R $50,000 --
Delahunt Michael $69,000 None Available
Metz Shane W $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wedeking Blake R $40,000
Closed Wedeking Blake $54,000
Previous Owner Hock Derrick R $51,075
Previous Owner Delahunt Michael $55,200
Previous Owner Delahunt Michael $5,000
Previous Owner Metz Shane W $59,529
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2018 10/29/18 Sold $50,000 0.0% $33 / Sq Ft
09/13/2018 09/13/18 Off Market $50,000 -- --
08/06/2018 08/06/18 Price Changed $55,900 -6.7% $37 / Sq Ft
01/02/2018 01/02/18 Price Changed $59,900 -4.8% $40 / Sq Ft
11/06/2017 11/06/17 For Sale $62,900 -8.8% $42 / Sq Ft
10/16/2015 10/16/15 Sold $69,000 -4.2% $41 / Sq Ft
09/13/2015 09/13/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $72,000 -- $43 / Sq Ft
Source: Northeast 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 $1,574 $124,490 $7,180 $117,310
2023 $1,574 $124,490 $7,180 $117,310
2022 $1,088 $97,460 $6,280 $91,180
2021 $1,088 $80,320 $6,280 $74,040
2020 $1,172 $75,360 $6,280 $69,080
2019 $1,146 $70,190 $0 $0
2018 $1,020 $70,190 $0 $0
2017 $1,020 $70,190 $6,280 $63,910
2016 $986 $66,640 $0 $0
2015 $986 $65,490 $0 $0
2014 $960 $65,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20176084

Northeast Iowa Regional Board of REALTORS®

APN: 871528129008