NOT LISTED FOR SALE

107 E Cherry St Cherokee, IA 51012

Estimated Value: $110,000 - $134,080

5 Beds
2 Baths
925 Sq Ft
$134/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $133,000 $144 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $827/month

12 Days on Market

Highlights

  • Multiple Garages
  • 5 Car Garage
  • Living Room
  • Workshop
  • Patio
  • 2-minute walk to Central Park

About This Home

As of August 2023

Look at all of this space for under $150,000!!! The main floor has a kitchen, dining room, living room, bedroom, laundry, and a bathroom. Upstairs you will find 3 more bedrooms, a bathroom, and steps that lead up to a loft style bedroom. This home is being offered with kitchen appliances and water softener included. There is even an on demand water heater that has been added to the home. There is an attached oversized one car garage with heat and a wall unit air conditioner, it also has a dog kennel setup in the back of the garage. In addition to the attached garage there is a 26' by 30' garage in the back with loft storage. It could be utilized as a second garage or a work shop. With the purchase of this property you will also be getting the adjoining lot to the west (105 E Cherry St.) which provides for plenty of yard and an additional garage! All buildings on both lots had new roofs installed by Hahn Roofing in September of 2016.

Last Listed By

Rusty Rasmus

Rasmus Realty & Auction License #S44870 Listed on: 06/27/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,414

Year Built

  • Built in 1890

Lot Details

  • 9,000 Sq Ft Lot
  • Landscaped

Parking

  • 5 Car Garage
  • Multiple Garages
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 925 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Dining Room
  • Workshop
  • Unfinished Basement
  • Block Basement Construction
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener

Additional Features

  • Patio
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number 19035-0727455004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,414

Year Built

Built in 1890

Lot Details

0

Parking

5

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: 1 1/2 Story
  • Property Features: Landscaping
  • Legal Description: LOT 3 BLK 1 NEW CHER ADD 6153
  • Year Built: 1890
  • School Middle Junior: Cherokee Middle
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Included: Kitchen Appliances. Water Softener. Air Compressor in Garage.
  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Basement: Block, Unfinished
  • Main Level Rooms: Bedroom, Dining, Full Bath, Kitchen, Laundry, Living
  • Second Level Rooms: 3/4 Bath, Bedroom
  • Third Level Room: 3/4 Bath
  • Total Sq Ft: 925
  • Main Level Sq Ft: 1122
  • Sq Ft Above Grade: 925
  • Sq Ft Below Grade Total: 525
  • Sq Ft Below Grade Unfinis: 525
  • Price Per Sq Ft: 143.78

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage Type: Attached, Detached, Multiple
  • Driveway: Concrete
  • Garage Spaces: 5
  • Sq Ft Garage: 522

Utilities

  • Air Conditioning Type: Central
  • Flood Insurance: Required
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Softener: Included
  • Water Type: City

Association/Amenities

  • Amenities: Main Floor Laundry, Oversized Garage, Patio, Workshop

Schools

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

Lot Info

  • Acres: 0.21
  • Lot Sq Ft: 9000
  • Parcel Number: 19035-0727455004
  • Zoning: Res

Tax Info

  • Year: 2021
  • Gross Taxes: 1414

MLS Schools

  • School Elementary: Cherokee
  • School High: Cherokee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2023
Closed on
Aug 23, 2023
Sold by
Schneider Jessica J and Schneider Wesley
Bought by
Crane Keith L and Crane Melissa A
Seller's Agent
Rusty Rasmus
Rasmus Realty & Auction
Buyer's Agent
Rusty Rasmus
Rasmus Realty & Auction
List Price
$149,000
Sold Price
$133,000
Premium/Discount to List
-$16,000
-10.74%
Total Days on Market
12
Views
50
Current Estimated Value
$124,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,980
Avg. Annual Appreciation
2.84%
Original Mortgage
$119,700
Outstanding Balance
$118,212
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$21,202

Purchase Details

Listed on
Jan 11, 2016
Closed on
Jul 29, 2016
Sold by
Horton Mark A and Horton Denise L
Bought by
Foresman Jessica J
Seller's Agent
Karen Peterson
Northwest Realty Inc
Buyer's Agent
Dennis Paltz
Northwest Realty Inc
List Price
$79,500
Sold Price
$78,000
Premium/Discount to List
-$1,500
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$69,050
Interest Rate
4%
Mortgage Type
New Conventional

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
Crane Keith L $133,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crane Keith L $119,700
Previous Owner Foresman Jessica J $69,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $133,000 -10.7% $144 / Sq Ft
07/09/2023 07/09/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $149,000 +91.0% $161 / Sq Ft
07/29/2016 07/29/16 Sold $78,000 -1.9% $46 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $79,500 -- $47 / 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 $1,684 $100,010 $6,000 $94,010
2023 $1,684 $100,010 $6,000 $94,010
2022 $1,414 $76,810 $6,000 $70,810
2021 $1,414 $76,810 $6,000 $70,810
2020 $1,452 $76,810 $6,000 $70,810
2019 $1,534 $76,810 $0 $0
2018 $1,448 $74,389 $0 $0
2017 $1,606 $81,209 $0 $0
2016 $1,404 $81,209 $0 $0
2015 $1,204 $69,409 $0 $0
2014 $1,248 $69,409 $0 $0
Source: Public Records

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Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 821463

Northwest Iowa Regional Board of REALTORS®

APN: 7-27-455-004