NOT LISTED FOR SALE

123 5th Ave SW Oelwein, IA 50662

Estimated Value: $67,000 - $99,000

3 Beds
2 Baths
1,264 Sq Ft
$68/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $47,000 $37 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $597/month

163 Days on Market

Highlights

  • Contemporary Architecture
  • Enclosed patio or porch
  • Ceiling Fan
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of December 2023

This well cared for 2 story house has great potential. 3 total bedrooms, 1 down and 2 up and 1.75 baths. Entering front door is a long hallway; mudroom-style that leads to the large dining room, large kitchen and good sized living room. The laundry is on the main level. Bedrooms are spacious with good sized closets. The house has some updates that include newer roof on house and garage, South side siding, all done in 2018, replacement windows, sump pump and breaker box in 2015. In 2022 newer kitchen flooring, upstairs hallway/bedrooms new carpet and paint. Newer water heater and furnace in 2008. Full basement for storage, does get moisture. The 2 stall detached garage needs some TLC. There is an above enclosed room-loft that could be converted back to a habitable man-cave that does have electric and plumbing hookups. Backyard is sufficient along with alley access. Property is in a good location/neighborhood. Come take a look, this maybe the one for you. *$14,000 below assessed value* can't beat that!

Last Listed By

Noelle Coleman

EXIT Realty Unlimited Oelwein License #S59842 Listed on: 04/25/2023

EXIT Realty Unlimited Oelwein

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1893

Lot Details

  • 6,336 Sq Ft Lot
  • Lot Dimensions are 48x132

Parking

  • 2 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,264 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Enclosed patio or porch

Schools

  • Oelwein Elementary And Middle School
  • Oelwein High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1821305004

Home Details

Home Type

Single Family

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Parcel Number: 1821305004
  • Year Built: 1893
  • Property Sub-Type: Single Family Residence
  • ResoLaundryFeatures: 1st Floor, In Kitchen
  • ResoLotFeatures: Multiple Houses
  • Lot Size Acres: 0.15
  • Road Frontage Type: Paved Road
  • Road Surface Type: Gravel
  • Co List Office Phone: 319-283-5700
  • MLS Status: Closed
  • Architectural Style: Contemporary
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan/Light
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1264
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Electric Water Heater
  • Basement: Block, Concrete, Floor Drain, Unfinished
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • BelowGradeArea: 458

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Sidewalk, Porch-Enclosed

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage, Oversized, Wired

Utilities

  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Forced Air
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Oelwein
  • High School: Oelwein
  • Middle Or Junior School: Oelwein

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 48x132
  • Lot Size Sq Ft: 6336
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1317

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Nov 29, 2023
Sold by
Anderson Mark J and Anderson Jennifer R
Bought by
Fji-Ii-S5 Holdings Llc
Seller's Agent
Noelle Coleman
EXIT Realty Unlimited Oelwein
List Price
$64,900
Sold Price
$47,000
Premium/Discount to List
-$17,900
-27.58%
Total Days on Market
163
Views
572
Current Estimated Value
$85,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,333
Avg. Annual Appreciation
40.61%
Original Mortgage
$194,250
Outstanding Balance
$192,281
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
-$116,281

Purchase Details

Closed on
Dec 27, 2005
Sold by
Tweed Wanda and Tweed Peter
Bought by
Anderson Mark J and Anderson Jennifer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,350
Interest Rate
10.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Fji-Ii-S5 Holdings Llc $47,000 None Listed On Document
Anderson Mark J $53,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fji-Ii-S5 Holdings Llc $194,250
Previous Owner Anderson Mark Jefremy $57,143
Previous Owner Anderson Mark J $60,747
Previous Owner Anderson Mark J $50,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 Sold $47,000 -27.6% $37 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $64,900 -- $51 / Sq Ft
Source: Northeast 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 $1,488 $78,440 $4,320 $74,120
2023 $1,488 $78,440 $4,320 $74,120
2022 $1,318 $62,030 $3,600 $58,430
2021 $1,318 $62,030 $3,600 $58,430
2020 $992 $44,910 $3,330 $41,580
2019 $836 $37,910 $0 $0
2018 $973 $37,910 $0 $0
2017 $876 $47,310 $0 $0
2016 $852 $47,310 $0 $0
2015 $852 $0 $0 $0
2014 $834 $0 $0 $0
Source: Public Records

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Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20231539

Northeast Iowa Regional Board of REALTORS®

APN: 18-21-305-004