NOT LISTED FOR SALE

1388 Ginkgo Ave Wellman, IA 52356

Estimated Value: $371,000 - $456,160

4 Beds
2.5 Baths
2,340 Sq Ft
$174/Sq Ft Est. Value

Last Sold June 22, 2020

Last sale price $309,900 $132 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,612/month

25 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Main Floor Primary Bedroom
  • Formal Dining Room
  • Deck
  • Private Yard
  • Country Kitchen

About This Home

As of June 2020

1910 farmhouse originals beautifully blended into today’s modern-style country living w/ breath-taking views! 4.60 acres w/ a well cared for yard, outbuilding, & fenced-in pasture. Extensive remodeling of the main level created an open concept by adding a header, leveled fls, replaced some subfls & strengthened joists. Gorgeous eat-in kitchen w/ freshly painted cabs, reclaimed range hood, new countertops, Travertine stone backsplash, SS applis, & new sink/faucet. Custom-built island light from 1870's barn.

Last Agent to Sell the Property

Jessica Yoder

KALONA REALTY, INC. Listed on: 05/18/2020

Last Buyer's Agent

Hayley Hershberger

KALONA REALTY, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,398

Year Built

  • Built in 1910

Lot Details

  • 4.6 Acre Lot
  • Private Yard

Parking

  • 2 Parking Spaces

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 2,340 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Pull Down Stairs to Attic

Kitchen

  • Country Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Deck
  • Outbuilding
  • Porch

Location

  • Property is near schools
  • Property is near shops

Schools

  • Mid Prairie Elementary And Middle School
  • Mid Prairie High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Private or Community Septic Tank
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01-24-400-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,398

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2340
  • Homebuilder: Unknown
  • Owner Name L F Mi: Madsen
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Mudroom drop zone w/ custom-built bench & addit'l barn wood. Great rm features a 2-sided WB fp w/ stone accent & large mantle, a built-in bookcase, & new picture window with panoramic county view. Completely reconfigured main level master w/ closet/sitting area & private master bathroom w/ makeup desk. 1st fl laundry rm & 1/2 bath. New stair treads & custom railing leads to the upper level, which features 3 BRs w/ new carpet, new paint, repaired walls, & original door hardware. Remodeled upper level BA. New 14x16 deck. Addit'l updates 2019-20: New house roof, updated most elect/plumbing, & new light fixtures. Added a new exterior water source & hydrant, re-graded around the house & garage, & installed a new 4-BR septic. City shared water line. Sq ft not accurately reflected on tax report. RESV: kitchen table/island & wooden benches
  • T Val: 309900
  • Year Built: 1910
  • Tax Year Report: 2019
  • Directions: Hwy 22, south on 9th Avenue, 9th Avenue turns into Ginkgo Avenue. Just 1-mile south of Wellman
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Close to Shopping, Close to School
  • Basement Remarks: Poured Concrete, Sump Pump, Partial
  • Fireplace Type Location: In Great/Family Room, In Living Room, In Primary Bedroom, Wood Burning
  • Interior R: Bookcases, Cable Available, Foyer-Entrance, Pull Down Attic Stairs
  • Kitchen Breakfast R: Country Kitchen, Pantry
  • Lot Description R: 2-5 Acre, Private Backyard
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: 1910 farmhouse originals beautifully blended into today’s modern-style country living w/ breath-taking views! 4.60 acres w/ a well cared for yard, outbuilding, & fenced-in pasture. Extensive remodeling of the main level created an open concept by adding a header, leveled fls, replaced some subfls & strengthened joists. Gorgeous eat-in kitchen w/ freshly painted cabs, reclaimed range hood, new countertops, Travertine stone backsplash, SS applis, & new sink/faucet. Custom-built island light from 1870's barn.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Number Bedrooms Upper: 3
  • Number Bedrooms Main: 1
  • Sq Ft Above: 2340
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room, 1st Floor, Main
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck, Outbuildings, Porch

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Water, Private Septic
  • Heating Cooling: Ceiling Fans, Electric, Propane, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Mid Prairie
  • Middle School: Mid Prairie
  • High School: Mid Prairie
  • High School: Mid Prairie
  • Jr Middle School: Mid Prairie
  • Elementary School: Mid Prairie

Lot Info

  • Acreage: 4.6
  • Geo Subdivision: IA
  • Lot Dimensions: 4.60
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 2498
  • Assessor Parcel Number: 01-24-400-008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Jun 22, 2020
Sold by
Madsen Timothy N and Madsen Angela M
Bought by
Geno Joshua Lars and Geno Carrie
Seller's Agent
Jessica Yoder
KALONA REALTY, INC.
Buyer's Agent
Hayley Hershberger
KALONA REALTY, INC.
List Price
$309,900
Sold Price
$309,900
Current Estimated Value
$406,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,640
Avg. Annual Appreciation
6.58%
Original Mortgage
$244,900
Outstanding Balance
$218,993
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$210,424

Purchase Details

Listed on
Aug 8, 2019
Closed on
Oct 11, 2019
Sold by
Palmer James T and Palmer Ruth A
Bought by
Madsen Timothy N and Madsen Angela M
Seller's Agent
Junell Duwa
Edge Realty Group
Buyer's Agent
Jessica Yoder
KALONA REALTY, INC.
List Price
$250,000
Sold Price
$205,000
Premium/Discount to List
-$45,000
-18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
82.01%
Original Mortgage
$290,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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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
Geno Joshua Lars $310,000 None Available
Madsen Timothy N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geno Joshua Lars $244,900
Previous Owner Madsen Timothy N $290,000
Previous Owner Madsen Timothy N $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2020 06/22/20 Sold $309,900 0.0% $132 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $309,900 +51.2% $132 / Sq Ft
10/15/2019 10/15/19 Sold $205,000 -10.9% $123 / Sq Ft
08/18/2019 08/18/19 Price Changed $230,000 -8.0% $138 / Sq Ft
08/08/2019 08/08/19 For Sale $250,000 -- $150 / Sq Ft
Source: Iowa City Area Association 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 $4,398 $356,200 $54,200 $302,000
2023 $4,242 $356,200 $54,200 $302,000
2022 $4,078 $291,300 $54,200 $237,100
2021 $4,078 $291,300 $54,200 $237,100
2020 $1,458 $142,100 $40,200 $101,900
2019 $2,442 $158,800 $0 $0
2018 $2,668 $182,800 $0 $0
2017 $2,668 $182,800 $56,900 $125,900
2016 $2,340 $173,800 $0 $0
2015 $2,340 $154,200 $0 $0
2014 $2,064 $154,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessica Yoder

    Seller's Agent in 2020

    Jessica Yoder

    KALONA REALTY, INC.

    (319) 430-3311

    460 Total Sales

    Section Image
  • Hayley Hershberger

    Buyer's Agent in 2020

    Hayley Hershberger

    KALONA REALTY, INC.

    (319) 430-4346

    418 Total Sales

    Section Image

  • J

    Seller's Agent in 2019

    Junell Duwa

    Edge Realty Group

    (319) 351-3355

    63 Total Sales

    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202003319

Iowa City Area Association of REALTORS®

APN: 01-24-400-008

Iowa Washington County Wellman 52356

1388 Ginkgo Ave, Wellman, IA

This home is located at 1388 Ginkgo Ave, Wellman, IA 52356 since 18 May 2020 and is currently estimated at $406,540, approximately $173 per square foot. This property was built in 1910. 1388 Ginkgo Ave is a home located in Washington County with nearby schools including Mid-Prairie High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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