NOT LISTED FOR SALE

111 S Locust St Marcus, IA 51035

Estimated Value: $166,000 - $175,234

3 Beds
2 Baths
1,387 Sq Ft
$122/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $146,000 $105 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,051/month

8 Days on Market

Highlights

  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Living Room
  • Oversized Parking
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Location, Location, Location! This 3 bedroom and 2 bathroom home is located in Marcus, IA directly across from the city pool and park. It is also close to the fairgrounds and downtown which makes it a little more convenient to attend those fun city functions. The house has a modern dine in kitchen with lots of cabinet space, one bedroom, a 3/4 bathroom, living room and laundry all located on the main. Downstairs is a family room / man cave, a full bathroom, and the utility room. The last two bedrooms are located upstairs. The water softener is owned and will be included with the sale. Kitchen appliances will be staying with the home and the washer and dryer are negotiable. The back yard is very large and would make a great space for kids and pets to run and play. There is a patio with a fire pit which will be quite enjoyable for your outside entertaining. There is a two car detached garage and a garden shed for your additional storage. This is sure to check quite a few of your boxes on your search for a new home.

Last Agent to Sell the Property

Rusty Rasmus

Rasmus Realty & Auction License #S44870 Listed on: 06/29/2022

Last Buyer's Agent

Charles Gustafson

Gustafson Realty License #B23378

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,540

Year Built

  • Built in 1890

Lot Details

  • 0.33 Acre Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Living Room
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Marcus-Meriden-Cleghorn-Remsen Union Elementary And Middle School
  • Marcus-Meriden-Cleghorn-Remsen Union High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 19035-0504203006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,540

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: 1 1/2 Story
  • Legal Description: S60' OF N166.2' OF S418.2' OF LOT 5, IRR SUR 4346
  • Not Included: Washer & Dryer are negotiable.
  • Year Built: 1890
  • School Middle Junior: Marcus-Meriden-Cleghorn-Remsen Union
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Included: Kitchen Appliances and Water Softener.
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Basement: Full, Partially Finished
  • Basement Rooms: Family, Full Bath
  • Main Level Rooms: 3/4 Bath, Bedroom, Kitchen, Laundry, Living
  • Second Level Rooms: Bedroom
  • Total Sq Ft: 1387
  • Main Level Sq Ft: 776
  • Sq Ft Above Grade: 1062
  • Sq Ft Below Grade Finishe: 325

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage Type: Detached
  • Internet: Yes
  • Driveway: Concrete
  • Garage Spaces: 2

Utilities

  • Air Conditioning Type: Central
  • Flood Insurance: Not Required
  • Fuel Type: Electric
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Softener: Included
  • Water Type: City

Association/Amenities

  • Amenities: Eat-In Kitchen, Garage Door Opener, Main Floor Laundry, Oversized Garage, Patio, Storage Shed

Lot Info

  • Acres: 0.33
  • Lot Sq Ft: 14580
  • Parcel Number: 19035-0504203006
  • Zoning: Res

Tax Info

  • Year: 2020
  • Gross Taxes: 1540
  • Tax Database Id: 1
  • Assessor Parcel Number: 19035-0504203006

MLS Schools

  • School Elementary: Marcus-Meriden-Cleghorn-Remsen Union
  • School High: Marcus-Meriden-Cleghorn-Remsen Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Aug 17, 2022
Sold by
Brog and Ivleisha
Bought by
Richards Sterling and Richards Denise
Seller's Agent
Rusty Rasmus
Rasmus Realty & Auction
Buyer's Agent
Charles Gustafson
Gustafson Realty
List Price
$145,000
Sold Price
$146,000
Premium/Discount to List
$1,000
0.69%
Views
7
Current Estimated Value
$169,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,059
Avg. Annual Appreciation
4.38%
Original Mortgage
$143,355
Outstanding Balance
$136,631
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$32,428

Purchase Details

Listed on
Oct 18, 2021
Closed on
Nov 23, 2021
Sold by
Gerred Zeising
Bought by
Brog David and Brog Meisha
Seller's Agent
Jason Geary
Century 21 ProLink
Buyer's Agent
Rusty Rasmus
Rasmus Realty & Auction
List Price
$129,900
Sold Price
$129,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.86%

Purchase Details

Listed on
Dec 1, 2020
Closed on
Feb 17, 2021
Sold by
Erdman Reagan and Erdman Blake
Bought by
Zeising Gerred
Seller's Agent
Laura Letsche
Farmers State Bank
Buyer's Agent
Jason Geary
Century 21 ProLink
List Price
$115,000
Sold Price
$113,000
Premium/Discount to List
-$2,000
-1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.04%
Original Mortgage
$90,400
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2018
Sold by
Skadeland Jayme
Bought by
Mcdaniel Reagan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,150
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2015
Sold by
Schmillen Jeffrey T
Bought by
Skadeland Jayme

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,056
Interest Rate
3.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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 Buyer Sale Price Title Company
Richards Sterling $146,000 --
Richards Sterling $146,000 None Listed On Document
Brog David $130,000 None Listed On Document
Zeising Gerred $113,000 None Available
Mcdaniel Reagan $95,000 None Available
Skadeland Jayme $92,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Sterling $143,355
Closed Richards Sterling $143,355
Previous Owner Zeising Gerred $90,400
Previous Owner Mcdaniel Reagan $92,150
Previous Owner Skadeland Jayme $90,056
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2022 08/22/22 Sold $146,000 +0.7% $105 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $145,000 +11.6% $105 / Sq Ft
11/23/2021 11/23/21 Sold $129,900 0.0% $94 / Sq Ft View Prior Sale
10/30/2021 10/30/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $129,900 +15.0% $94 / Sq Ft
03/03/2021 03/03/21 Sold $113,000 -1.7% $81 / Sq Ft View Prior Sale
01/12/2021 01/12/21 Pending -- -- --
12/01/2020 12/01/20 For Sale $115,000 -- $83 / 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
2025 $2,112 $163,080 $10,260 $152,820
2024 $2,112 $149,970 $10,260 $139,710
2023 $1,646 $149,970 $10,260 $139,710
2022 $1,518 $100,820 $10,260 $90,560
2021 $1,518 $100,820 $10,260 $90,560
2020 $1,392 $96,850 $10,260 $86,590
2019 $1,248 $84,500 $0 $0
2018 $1,256 $85,241 $0 $0
2017 $1,282 $85,241 $0 $0
2016 $326 $18,948 $0 $0
2015 $296 $16,195 $0 $0
2014 $296 $38,882 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 817812

Northwest Iowa Regional Board of REALTORS®

APN: 5-04-203-006