$113,000
SOLD MAR 3, 2021

111 S Locust St Marcus, IA 51035

3 Beds
2 Baths
1,387 Sq Ft
0.34 Acres

Recently Sold

$81 Per Sq Ft

2% Below List Price

Highlights

  • Main Floor Primary Bedroom
  • Living Room
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage

About This Home

As of August 2022

Very nice starter home, great location in town and close to the park/swimming pool. This home has had extensive updates done to it in recent years. The home has 3 bedrooms , (with 1 bedroom on the main floor), eat-in kitchen with Bertch cabinets and the appliances stay, living room, main floor laundry and full bathroom, all on the main floor. Upstairs has the other 2 bedrooms and the basement consists of a nice family room, full bathroom and utility room. The garage is 14' W x 46' L, this is long enough for 2 vehicles. You can enjoy the evening in the backyard with the brick patio w/ fire pit and a new storage shed. This is a move in ready home!

Last Agent to Sell the Property

Laura Letsche

Farmers State Bank License #B58625 Listed on: 12/01/2020

Last Buyer's Agent

Jason Geary

Century 21 ProLink

Century 21 ProLink

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,392

Year Built

  • Built in 1890

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Living Room
  • Partially Finished Basement
  • Finished Basement Bathroom
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Bathrooms

Additional Features

  • 0.34 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0504203006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,392

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: 1 1/2 Story
  • Legal Description: 560' of N 166.2' of S418.3' of Lot 5 IRR SUR 4346
  • Not Included: Thermostat, Ring Security Door bell and Keyless Door Handles will not be staying with the home. The sellers will replace the thermostat and door handles with the original ones.
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Basement: Partially Finished
  • Basement Rooms: Family, Full Bath
  • Main Level Rooms: Full Bath, Kitchen, Laundry, Living, Master
  • Second Level Rooms: 3/4 Bath
  • Total Sq Ft: 1387
  • Main Level Sq Ft: 776
  • Sq Ft Above Grade: 1062
  • Sq Ft Below Grade Finishe: 325
  • Sq Ft Below Grade Total: 408
  • Sq Ft Below Grade Unfinis: 83
  • Price Per Sq Ft: 106.4

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage Type: Detached
  • Driveway: Concrete
  • Garage Spaces: 2
  • Sq Ft Garage: 644

Utilities

  • Air Conditioning Type: Central
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Type: City

Schools

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

Lot Info

  • Acres: 0.34
  • Lot Sq Ft: 14,580
  • Parcel Number: 0504203006

Tax Info

  • Gross Taxes: 1392

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
$176,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,705
Avg. Annual Appreciation
9.09%
Original Mortgage
$143,355
Interest Rate
5.3%
Mortgage Type
FHA

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:

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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 Type Sale Price Title Company
Warranty Deed $146,000 --
Warranty Deed $130,000 None Listed On Document
Warranty Deed $113,000 None Available
Warranty Deed $95,000 None Available
Warranty Deed $92,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $143,355 FHA
Closed $143,355 FHA
Previous Owner $90,400 New Conventional
Previous Owner $93,150 New Conventional
Previous Owner $92,150 New Conventional
Previous Owner $90,056 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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
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

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 811577

Northwest Iowa Regional Board of REALTORS®

APN: 5-04-203-006