NOT LISTED FOR SALE

1105 S Mechanic St Decorah, IA 52101

Estimated Value: $370,699 - $468,000

4 Beds
2.5 Baths
3,111 Sq Ft
$134/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $332,500 $107 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,761/month

5 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating and Cooling System
  • Heated Garage
  • Decorah Middle School Rated A

About This Home

As of August 2020

UNDER CONTRACT: ACCEPTING BACK-UP OFFERS. This beautiful, well-maintained home sits on a spacious double lot where Mechanic Street ends and the woods begin. With easy access to everything Decorah, including schools and downtown, this updated 4+ bedroom house has kept its turn-of-the-century appeal. The kitchen has all the counter space you could ever want and the recently completed stamped concrete patio is perfect for entertaining and enjoying the peaceful backyard. A charming 3rd-floor bedroom is perfect for a teenager or a playroom, plus a large two-story heated garage makes this home perfect for a family with children of any age. There have been many recent updates including solar panels, a sports court, and a new boiler. You can move right in and call it home!

Last Listed By

Mark Lovelace

AJ Realty, Inc. License #S59823 Listed on: 05/07/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,038

Year Built

  • Built in 1900

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 250 x 123
  • Additional Parcels
  • Property is zoned R-2

Home Design

  • 3,111 Sq Ft Home
  • Asphalt Roof
  • Vinyl Siding

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Heated Garage
  • Workshop in Garage

Schools

  • Decorah Community Schools Elementary And Middle School
  • Decorah Community Schools High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Partially Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 112125900800

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,038

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Parcel Number: 112125900800
  • Year Built: 1900
  • Property Sub-Type: Single Family Residence
  • ResoLaundryFeatures: 1st Floor, Laundry Room
  • Lot Size Acres: 0.77
  • Road Frontage Type: Shared Drive
  • Road Surface Type: Alley
  • Co List Office Mls Id: NBR266
  • Co List Office Phone: 563-382-3627
  • Co List Office Phone: 563-382-3627
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 3111
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Free-Standing Range, Refrigerator, Washer
  • Basement: Partially Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 575
  • BelowGradeArea: 1056

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: 2 Stall, Heated Garage, Workshop in Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Schools

  • Elementary School: Decorah Community Schools
  • High School: Decorah Community Schools
  • Middle Or Junior School: Decorah Community Schools

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 250 x 123
  • Lot Size Sq Ft: 33764
  • Additional Parcels: Yes

Tax Info

  • Tax Annual Amount: 5038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Aug 1, 2020
Sold by
Runestad Eric J and Runestad Anna C
Bought by
Walter Jarrad and Walter Laurie
Seller's Agent
Mark Lovelace
AJ Realty, Inc.
List Price
$332,500
Sold Price
$332,500
Total Days on Market
5
Current Estimated Value
$415,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,175
Avg. Annual Appreciation
4.39%
Original Mortgage
$232,500
Outstanding Balance
$209,919
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$197,539

Purchase Details

Listed on
May 4, 2015
Closed on
Jul 24, 2015
Sold by
Smith Robert A and Smith Deborah M
Bought by
Runestad Eric J and Runestad Anna C
Seller's Agent
Michael Harman
Harman Realty
List Price
$298,000
Sold Price
$268,000
Premium/Discount to List
-$30,000
-10.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$40,000
Interest Rate
3.93%
Mortgage Type
Credit Line Revolving

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
Walter Jarrad $332,500 None Available
Runestad Eric J $268,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walter Jarrad $232,500
Previous Owner Runestad Eric J $40,000
Previous Owner Runestad Eric J $168,000
Previous Owner Smith Robert A $75,000
Previous Owner Smith Robert A $225,000
Previous Owner Smith Robert A $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $332,500 0.0% $107 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $332,500 +24.1% $107 / Sq Ft
07/06/2015 07/06/15 Sold $268,000 -10.1% $85 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $298,000 -- $95 / 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 $5,346 $306,280 $41,160 $265,120
2023 $5,336 $306,280 $41,160 $265,120
2022 $4,990 $264,940 $34,300 $230,640
2021 $4,652 $256,280 $34,300 $221,980
2020 $4,652 $234,890 $34,300 $200,590
2019 $4,528 $234,890 $0 $0
2018 $4,556 $234,890 $0 $0
2017 $3,868 $192,930 $0 $0
2016 $3,806 $192,930 $0 $0
2015 $3,666 $186,200 $0 $0
2014 $3,666 $186,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20202143

Northeast Iowa Regional Board of REALTORS®

APN: 112125900800