NOT LISTED FOR SALE

118 E Elm St Cherokee, IA 51012

Estimated Value: $60,865 - $134,000

3 Beds
1 Bath
648 Sq Ft
$142/Sq Ft Est. Value

Last Sold June 24, 2020

Last sale price $27,000 $42 Per Sq Ft

Est. 242% increase in value since last sale

Current estimated payment $554/month

490 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Oversized Parking
  • Wood Flooring
  • Porch
  • 2-minute walk to Spring Lake Park

About This Home

As of June 2020

3 Bedroom home located close to downtown. This home has had windows updated, new roof in 2011, and updated furnace approx 2012. There is an over-sized one car detached garage as well. This home is on the cheaper for those utility bills as well. Whether your looking to invest or just starting out you will want to consider this property.

Last Listed By

Rusty Rasmus

Rasmus Realty & Auction License #S44870 Listed on: 01/09/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $646

Year Built

  • Built in 1885

Lot Details

  • 5,000

Parking

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

Home Design

  • Bungalow
  • Fixer Upper
  • Shingle Roof
  • Steel Siding

Interior Spaces

  • 648 Sq Ft Home
  • Dining Room
  • Wood Flooring
  • Fire and Smoke Detector
  • Laundry on main level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck
  • Storage Shed
  • Porch

Schools

  • Cherokee Elementary And Middle School
  • Cherokee High School

Additional Features

  • 5,000 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 19035-07-34-210-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$646

Year Built

Built in 1885

Lot Details

0

Parking

1

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: Bungalow
  • Property Features: Fixer Upper
  • Legal Description: LOT 12 BLK 15 LEBOURVEAUS ADD 6456
  • Year Built: 1885
  • School Middle Junior: Cherokee
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Included: Range/Oven, Microwave, and Dryer
  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Basement: Unfinished
  • Main Level Rooms: Bedroom, Dining, Full Bath, Kitchen
  • Total Sq Ft: 648
  • Main Level Sq Ft: 648
  • Sq Ft Above Grade: 648
  • Sq Ft Below Grade Total: 350
  • Sq Ft Below Grade Unfinis: 350
  • Price Per Sq Ft: 41.67

Exterior Features

  • Exterior: Steel
  • Road Frontage: 50
  • Roof: Shingle

Garage/Parking

  • Garage Type: Detached
  • Driveway: Concrete
  • Garage Spaces: 1
  • Sq Ft Garage: 216

Utilities

  • Air Conditioning Type: Central
  • Flood Insurance: Not Required
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Type: City

Association/Amenities

  • Amenities: Deck, Garage Door Opener, Hardwood Floors, Main Floor Laundry, Oversized Garage, Porch, Smoke Detector, Storage Shed

Schools

  • Elementary School: Cherokee
  • Middle School: Cherokee
  • High School: Cherokee

Lot Info

  • Acres: 0.12
  • Lot Sq Ft: 5000
  • Parcel Number: 19035-07-34-210-010
  • Zoning: Res

Tax Info

  • Year: 2016
  • Gross Taxes: 646
  • Tax Database Id: 1
  • Assessor Parcel Number: 19035-07-34-210-010

Multi Family

  • Rental Income: 550

MLS Schools

  • School Elementary: Cherokee
  • School High: Cherokee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2019
Closed on
Jun 24, 2020
Sold by
Lindquist William J and Lindquist Tasey A
Bought by
Restuchi John Gerard
Seller's Agent
Rusty Rasmus
Rasmus Realty & Auction
Buyer's Agent
Andrew Lee Carlson
EXIT Realty Midwest - Cherokee
List Price
$32,000
Sold Price
$27,000
Premium/Discount to List
-$5,000
-15.62%
Total Days on Market
490
Current Estimated Value
$92,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,216
Avg. Annual Appreciation
24.83%

Purchase Details

Closed on
Jul 19, 2016
Sold by
Pilot Investments
Bought by
Lindquist William and Lindquist Tasey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
3.42%

Purchase Details

Closed on
Apr 12, 2006
Sold by
Weins James and Weins Jane
Bought by
Schwanz Erik A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2005
Sold by
The Estate Of Becky Bennett Saxon
Bought by
Weins James

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
Restuchi John Gerard $27,000 None Available
Lindquist William -- --
Schwanz Erik A $36,000 None Available
Weins James $12,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lindquist William $36,000
Previous Owner Lindquist William --
Previous Owner Lindquist William J $32,000
Previous Owner Schwanz Erik A $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2020 06/24/20 Sold $27,000 -9.2% $42 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
02/11/2020 02/11/20 Price Changed $29,750 -7.0% $46 / Sq Ft
01/03/2020 01/03/20 For Sale $32,000 +18.5% $49 / Sq Ft
01/01/2020 01/01/20 Off Market $27,000 -- --
07/11/2019 07/11/19 For Sale $32,000 +18.5% $49 / Sq Ft
07/10/2019 07/10/19 Off Market $27,000 -- --
06/09/2019 06/09/19 Price Changed $35,000 -12.3% $54 / Sq Ft
03/21/2019 03/21/19 Price Changed $39,900 -11.3% $62 / Sq Ft
01/09/2019 01/09/19 For Sale $45,000 -- $69 / 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 $516 $49,780 $6,380 $43,400
2023 $528 $49,780 $6,380 $43,400
2022 $508 $39,950 $5,310 $34,640
2021 $508 $39,950 $5,310 $34,640
2020 $756 $39,950 $5,310 $34,640
2019 $628 $39,950 $0 $0
2018 $632 $41,153 $0 $0
2017 $646 $41,153 $0 $0
2016 $656 $42,649 $0 $0
2015 $550 $36,452 $0 $0
2014 $550 $36,452 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 803644

Northwest Iowa Regional Board of REALTORS®

APN: 7-34-210-010