NOT LISTED FOR SALE

120 7th Ave SE Le Mars, IA 51031

Estimated Value: $187,000 - $250,000

4 Beds
2 Baths
2,264 Sq Ft
$98/Sq Ft Est. Value

Last Sold November 04, 2019

Last sale price $136,000 $60 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,394/month

70 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • 1-minute walk to Cleveland Park
  • 1 Car Attached Garage
  • Baseboard Heating

About This Home

As of November 2019

Single family ranch style home currently used as a 2 unit rental property. The main level is currently rented for $675 per month and offers 2 bedrooms, living room, dining room, kitchen, full bath, laundry and single stall garage. The lower level is currently rented for $600 per month and offers 2 bedrooms, living room, dining area, kitchen, full bath and laundry. Both units have separate entrances, are separately metered with dual heating and cooling units. Main level tenant tends to the mowing and shoveling while each tenant pays their own utilities. Located close to Gehlen Schools and Cleveland Park. Could be converted back to a single family home. Requires advance notice to view.

Last Agent to Sell the Property

Lance Sitzmann

Lance Sitzmann Real Estate License #B02595 Listed on: 08/09/2019

Co-Listed By

Shane Sitzmann

Lance Sitzmann Real Estate License #S31066

Last Buyer's Agent

Shane Sitzmann

Lance Sitzmann Real Estate License #S31066

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,074

Year Built

  • Built in 1960

Lot Details

  • 4,505 Sq Ft Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Shingle Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Lemars Elementary And Middle School
  • Lemars High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1216235004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,074

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: Ranch
  • Legal Description: North 85 feet of Lot 7, Block 123, Elm Hill Addition to the City of Le Mars, IA
  • Not Included: Water softeners rented by tenant
  • Year Built: 1960
  • School Middle Junior: LeMars
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Included: Stove (2), Refrigerator (2), Washing machine (2), Clothes Dryer (2), garage door opener
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Basement: Block, Finished, Full
  • Total Sq Ft: 2264
  • Main Level Sq Ft: 1164
  • Sq Ft Above Grade: 1164
  • Sq Ft Below Grade Finishe: 1100
  • Sq Ft Below Grade Total: 1164
  • Sq Ft Below Grade Unfinis: 64
  • Price Per Sq Ft: 116.84

Exterior Features

  • Exterior: Wood Lap
  • Road Frontage: 85
  • Roof: Shingle

Garage/Parking

  • Garage Type: Attached
  • Internet: Yes
  • Driveway: Concrete
  • Garage Spaces: 1

Utilities

  • Air Conditioning Type: 2 Central
  • Fuel Type: Electric, Natural Gas
  • Heat Type: Baseboard, Forced Air
  • Sewer Type: City
  • Water Softener: Rented
  • Water Type: City

Association/Amenities

  • Amenities: Garage Door Opener

Schools

  • Elementary School: LeMars
  • Middle School: LeMars
  • High School: LeMars

Lot Info

  • Acres: 0.1
  • Lot Sq Ft: 4505
  • Parcel Number: 1216235004
  • Zoning: R-1

Tax Info

  • Year: 2019
  • Gross Taxes: 2074
  • Tax Class: Res

Multi Family

  • Rental Income: 1275

MLS Schools

  • School Elementary: LeMars
  • School High: LeMars

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2013
Closed on
Dec 17, 2013
Sold by
Freymann Nicholas
Bought by
Top Line Properties Llc
Seller's Agent
Lisa Pageler
1st Choice Realty
Buyer's Agent
Lance Sitzmann
Lance Sitzmann Real Estate
List Price
$99,500
Sold Price
$87,500
Premium/Discount to List
-$12,000
-12.06%
Current Estimated Value
$221,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,912
Avg. Annual Appreciation
7.36%
Original Mortgage
$103,000
Interest Rate
4.23%
Mortgage Type
Commercial
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
Top Line Properties Llc $87,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peraza Rejoice $131,920
Closed Top Line Properties Llc $103,000
Closed Top Line Properties Llc $103,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2019 11/04/19 Sold $136,000 -2.5% $60 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $139,500 +59.4% $62 / Sq Ft
12/23/2013 12/23/13 Sold $87,500 -12.1% $75 / Sq Ft
12/06/2013 12/06/13 Pending -- -- --
11/01/2013 11/01/13 For Sale $99,500 -- $85 / 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 $2,260 $189,250 $18,360 $170,890
2023 $2,122 $187,240 $13,770 $173,470
2022 $2,100 $152,340 $13,770 $138,570
2021 $2,028 $152,340 $13,770 $138,570
2020 $2,028 $140,420 $13,770 $126,650
2019 -- $140,420 $13,770 $126,650
2018 -- $130,950 $13,770 $117,180
2017 -- $114,710 $0 $0
2016 -- $114,710 $0 $0
2015 -- $104,270 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 806123

Northwest Iowa Regional Board of REALTORS®

APN: 12-16-235-004