NOT LISTED FOR SALE

113 S Locust St Marcus, IA 51035

Estimated Value: $197,000 - $349,000

5 Beds
2 Baths
2,322 Sq Ft
$105/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $195,700 $84 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,481/month

31 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Dining Room
  • Living Room
  • Water Softener is Owned

About This Home

As of October 2023

Very nice 2 Story home – 5 Bedroom/ 2 bathroom home that is located in great spot in Marcus. Your just steps away from the pool, park and close to downtown. This home has been well maintained with windows, vinyl siding, asphalt roof, water softner, water heater and furnace all updated in the recent years. The large garage also provides extra storage in the attic of it. Behind the garage is a nice cement pad , garden boxes and chain link fence on part of the property. A beautiful deep back yard for lots of extra fun. This is a must see home.

Last Agent to Sell the Property

Laura Letsche

Farmers State Bank License #B58625 Listed on: 07/24/2023

Last Buyer's Agent

Laura Letsche

Farmers State Bank License #B58625 Listed on: 07/24/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,814

Year Built

  • Built in 1952

Lot Details

  • 0.34 Acre Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

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 is Owned
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 0504203007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,814

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: 2 Story
  • Legal Description: S60' N226.2' of S 418.2' Lot5 W1/2 NE
  • Year Built: 1952
  • 13: Name: Laundry, On Level: Basement, Washer and dryer (2020) Stay
  • School Middle Junior: Marcus-Meriden-Cleghorn-Remsen Union
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Included: Stove, Fridge, microwave, Washer, Dryer, Piano, Swing set, garden boxes
  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Basement: Full, Partially Finished
  • Basement Rooms: Family, Laundry
  • Main Level Rooms: Bedroom, Dining, Full Bath, Kitchen, Living
  • Second Level Rooms: Bedroom, Full Bath
  • Total Sq Ft: 2322
  • Main Level Sq Ft: 1036
  • Sq Ft Above Grade: 1897
  • Sq Ft Below Grade Finishe: 425
  • Sq Ft Below Grade Total: 896
  • Sq Ft Below Grade Unfinis: 471
  • Price Per Sq Ft: 103.16

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage Type: Detached
  • Internet: Yes
  • Driveway: Concrete
  • Garage Spaces: 2
  • Sq Ft Garage: 660

Utilities

  • Air Conditioning Type: 2 Central
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Softener: Included, Owned
  • 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: 14580
  • Parcel Number: 0504203007

Tax Info

  • Year: 2021
  • Gross Taxes: 1814

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
Jul 24, 2023
Closed on
Oct 17, 2023
Sold by
Meier Shawndalee
Bought by
Smith Jason L
Seller's Agent
Laura Letsche
Farmers State Bank
Buyer's Agent
Laura Letsche
Farmers State Bank
List Price
$230,000
Sold Price
$195,700
Premium/Discount to List
-$34,300
-14.91%
Views
85
Current Estimated Value
$244,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,138
Avg. Annual Appreciation
12.11%
Original Mortgage
$9,785
Outstanding Balance
$9,593
Interest Rate
7.12%
Estimated Equity
$235,245

Purchase Details

Listed on
Aug 10, 2018
Closed on
Nov 5, 2018
Sold by
Knudson Charles F and Knudson Elizabeth L
Bought by
Meter Shawndalee
Seller's Agent
Laura Letsche
Farmers State Bank
Buyer's Agent
Laura Letsche
Farmers State Bank
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%
Original Mortgage
$113,873
Interest Rate
4.7%
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 Buyer Sale Price Title Company
Smith Jason L $196,000 None Listed On Document
Smith Jason L $196,000 None Listed On Document
Meter Shawndalee $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jason L $9,785
Closed Smith Jason L $9,785
Open Smith Jason L $188,670
Closed Smith Jason L $188,670
Previous Owner Meter Shawndalee $113,873
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2023 10/20/23 Sold $195,700 -6.8% $84 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
08/22/2023 08/22/23 Price Changed $210,000 -8.7% $90 / Sq Ft
07/24/2023 07/24/23 For Sale $230,000 +100.0% $99 / Sq Ft
11/05/2018 11/05/18 Sold $115,000 0.0% $50 / Sq Ft View Prior Sale
09/12/2018 09/12/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $115,000 -- $50 / 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 $2,192 $186,880 $10,260 $176,620
2024 $2,192 $155,620 $10,260 $145,360
2023 $1,646 $155,620 $10,260 $145,360
2022 $1,814 $109,660 $10,260 $99,400
2021 $1,814 $109,660 $10,260 $99,400
2020 $1,762 $109,660 $10,260 $99,400
2019 $1,662 $109,660 $0 $0
2018 $1,462 $97,877 $0 $0
2017 $1,492 $97,877 $0 $0
2016 $1,534 $97,877 $0 $0
2015 $1,372 $83,656 $0 $0
2014 $1,372 $83,656 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 821734

Northwest Iowa Regional Board of REALTORS®

APN: 5-04-203-007