NOT LISTED FOR SALE

111 7th Ave NW Oelwein, IA 50662

Estimated Value: $64,000 - $91,000

3 Beds
1 Bath
862 Sq Ft
$92/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $80,000 $93 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $511/month

9 Days on Market

Highlights

  • 0.48 Acre Lot
  • Porch
  • Fenced
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2023

Why Pay Rent? This affordable 1 story updated home has what you need! Enjoy the front porch to relax and unwind. Walk on in to this living room with an open feel and continue on to this expansive kitchen with great space, main floor laundry, nice sized bathroom, 3 bedrooms to make your own! Exterior boast an awesome almost 1/2 acre lot, fenced in with room to roam. Large 2-stall garage with so many possibilities!

Last Agent to Sell the Property

Karmen Schwake

Oakridge Real Estate License #B3920000 Listed on: 11/22/2022

Oakridge Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $791

Year Built

  • Built in 1924

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 150x140
  • Fenced
  • Additional Parcels

Home Design

  • 862 Sq Ft Home
  • Metal Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Schools

  • Oelwein Elementary And Middle School
  • Oelwein High School

Utilities

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

Additional Features

  • Disposal
  • Laundry on main level
  • Porch
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 1820282005

Home Details

Home Type

Single Family

Est. Annual Taxes

$791

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Parcel Number: 1820282005
  • Year Built: 1924
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor
  • Lot Size Acres: 0.48
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Metal
  • TotalFinishedSquareFootage: 862
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Disposal, Gas Water Heater
  • Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • BelowGradeArea: 742

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Fenced Yard, Porch

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Oelwein
  • High School: Oelwein
  • Middle Or Junior School: Oelwein

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 150x140
  • Lot Size Sq Ft: 21000
  • Additional Parcels: Yes

Tax Info

  • Tax Annual Amount: 791

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2022
Closed on
Jan 12, 2023
Sold by
Brekke Eric Peter
Bought by
Trimble Roland E
Seller's Agent
Karmen Schwake
Oakridge Real Estate
List Price
$79,900
Sold Price
$80,000
Premium/Discount to List
$100
0.13%
Views
48
Current Estimated Value
$79,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$417
Avg. Annual Appreciation
1.30%
Original Mortgage
$68,000
Outstanding Balance
$60,196
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$22,588

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 15, 2021
Sold by
Shrader Gary and Shrader Robin
Bought by
Brekke Eric Peter
Seller's Agent
Robin Shrader
Century 21 Signature Real Estate - Cedar Falls
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.14%
Original Mortgage
$65,000
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Listed on
Feb 3, 2020
Closed on
Mar 10, 2020
Sold by
Korsi Kolin and Korsi Shannon
Bought by
Shrader Gary
Seller's Agent
Janae Ohrt
Century 21 Signature Real Estate - Cedar Falls
List Price
$55,000
Sold Price
$47,500
Premium/Discount to List
-$7,500
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.01%
Original Mortgage
$40,375
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Trimble Roland E $80,000 --
Brekke Eric Peter $65,000 None Available
Shrader Gary $47,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trimble Roland E $68,000
Previous Owner Brekke Eric Peter $65,000
Previous Owner Shrader Gary $40,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $80,000 +0.1% $93 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
11/22/2022 11/22/22 For Sale $79,900 +22.9% $93 / Sq Ft
06/18/2021 06/18/21 Sold $65,000 0.0% $75 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $65,000 +36.8% $75 / Sq Ft
03/11/2020 03/11/20 Sold $47,500 -13.6% $55 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $55,000 -- $64 / 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 $938 $58,630 $9,180 $49,450
2023 $608 $50,190 $9,180 $41,010
2022 $600 $40,670 $7,650 $33,020
2021 $600 $40,670 $7,650 $33,020
2020 $822 $37,210 $7,140 $30,070
2019 $688 $31,190 $0 $0
2018 $672 $31,190 $0 $0
2017 $936 $41,370 $0 $0
2016 $912 $41,370 $0 $0
2015 $912 $0 $0 $0
2014 $900 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karmen Schwake

    Seller's Agent in 2023

    Karmen Schwake

    Oakridge Real Estate

    (319) 239-1281

    1 in this area

    77 Total Sales

    Karmen Schwake
    Section Image
  • Robin Shrader

    Seller's Agent in 2021

    Robin Shrader

    Century 21 Signature Real Estate - Cedar Falls

    (319) 231-2590

    8 in this area

    71 Total Sales

    Robin Shrader
    Section Image
  • Janae Ohrt

    Seller's Agent in 2020

    Janae Ohrt

    Century 21 Signature Real Estate - Cedar Falls

    (319) 415-1188

    2 in this area

    75 Total Sales

    Janae Ohrt
    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20225377

Northeast Iowa Regional Board of REALTORS®

APN: 18-20-282-005

Iowa Fayette County Oelwein 50662

111 7th Ave NW, Oelwein, IA

This home is located at 111 7th Ave NW, Oelwein, IA 50662 since 22 November 2022 and is currently estimated at $79,583, approximately $92 per square foot. This property was built in 1924. 111 7th Ave NW is a home located in Fayette County with nearby schools including Little Husky Learning Center, Parkside Elementary School, and Wings Park Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northeast Iowa Regional Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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