Seller's Agent in 2025
Carrie Fraise
Fraise Auction & Real Estate
(319) 371-5638
203 Total Sales
107 E Main St New London, IA 52645
2
Beds
1
Bath
2,880
Sq Ft
3,485
Sq Ft Lot
Highlights
- Wood Flooring
- Laundry Room
- Forced Air Heating System
- Display Windows
About This Home
As of October 2025Prime Commercial + Residential Opportunity on Main Street! This beautifully remodeled storefront offers versatile retail or office space with exposed brick walls, soaring ceilings, modern lighting, a kitchenette, and restroom—blending rustic charm with contemporary style. Perfectly located next door to the public library, the property also includes an updated upstairs 2-bedroom, 1-bath apartment with brand-new replacement windows, laundry room, and forced-air heating with central air. With a full basement, newer metal roof, and both front and rear parking, this turnkey property is an ideal investment in the heart of town!
Last Agent to Sell the Property
Fraise Auction & Real Estate Brokerage Phone: 319-470-0115 License #*** Listed on: 09/04/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1900
Home Design
- Brick Exterior Construction
- Metal Roof
- Stone Siding
Interior Spaces
- Insulated Windows
- Display Windows
- Basement Fills Entire Space Under The House
- Laundry Room
Kitchen
- Range
- Dishwasher
Flooring
- Wood
- Laminate
- Tile
Additional Features
- Lot Dimensions are 30x115
- Forced Air Heating System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2025
Closed on
Oct 14, 2025
Sold by
Pilot Grove Savings Bank
Bought by
Signature Home Designs Llc
Seller's Agent
Carrie Fraise
Fraise Auction & Real Estate
Buyer's Agent
Whitney Meek
Midwest Realty
List Price
$73,000
Sold Price
$82,000
Premium/Discount to List
$9,000
12.33%
Views
72
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Outstanding Balance
$65,541
Interest Rate
6.5%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 30, 2025
Sold by
Happyland Properties Llc
Bought by
Pilot Grove Savings Bank
Purchase Details
Closed on
Aug 31, 2020
Sold by
Danville State Savings Bank
Bought by
Happyland Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $82,000 | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Special Warranty Deed | $10,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $65,600 | Credit Line Revolving | |
| Previous Owner | $100,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/16/2025 10/16/25 | Sold | $82,000 | +12.3% | $28 / Sq Ft |
| 09/04/2025 09/04/25 | For Sale | $73,000 | -- | $25 / Sq Ft |
Source: NoCoast MLS
Tax History Compared to Growth
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 | $1,742 | $90,710 | $6,830 | $83,880 |
| 2024 | $1,654 | $84,620 | $6,830 | $77,790 |
| 2023 | $1,040 | $84,620 | $6,830 | $77,790 |
| 2022 | $1,076 | $45,500 | $5,460 | $40,040 |
| 2021 | $1,076 | $45,500 | $5,460 | $40,040 |
Source: Public Records
Agents Affiliated with this Home
-
Carrie Fraise
-
Whitney Meek
W
Buyer's Agent in 2025
Whitney Meek
Midwest Realty
(641) 832-1323
21 Total Sales
Map
Source: NoCoast MLS
MLS Number: NOC6331480
APN: 440092613600800
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