NOT LISTED FOR SALE

1421 Main Ave Clear Lake, IA 50428

Estimated Value: $383,000 - $422,343

3 Beds
2 Baths
1,924 Sq Ft
$207/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $400,000 $208 Per Sq Ft

Current estimated payment $2,580/month

35 Days on Market

Highlights

  • Detached Second Garage
  • Deck
  • Porch
  • Clear Creek Elementary School Rated 9+
  • 5 Car Detached Garage
  • Living Room

About This Home

As of September 2022

This home has it all. Location, space and a cozy living environment all located in the middle of everything. A few short blocks to the Junior High / High School and the new athletic fitness center, walking distance to downtown and the lake, plus Clear Lake's pool and soon to be completed splash pad park is literally steps from your backyard. Just about every room in this house has been remodeled by the current owners including the beautiful wrap-around front porch and the two-level cedar deck on the back of the house. This truly unique home sits on over a half-acre lot of mature shade providing trees and offers a 1254 sq ft (22 x 57) detached garage that has room for at least 4 cars. In addition to all these features the property also offers a Mother-in-law cottage in the back yard. This 480 sq ft home is perfect for producing additional income as a VRBO or yearly rental. There is so much more this home has to offer it must be seen to be appreciated. Don't delay, call today!

Last Listed By

Mike Finnegan

Schoneman, REALTORS Listed on: 06/29/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,204

Year Built

  • Built in 1863

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 83 x 297
  • Few Trees

Home Design

  • Metal Siding
  • Steel Siding

Interior Spaces

  • 1,924 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 5 Car Detached Garage
  • Detached Second Garage

Outdoor Features

  • Deck
  • Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Tankless Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,204

Year Built

Built in 1863

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Legal Description: N 1/2 L5 SUB E1/2 SE NW18-96-21
  • Municipality: Clear Lake
  • Year Built: 1863
  • OFFICELIST_ADDRESS: 1421 Main Ave
  • Distribute To Internet: Yes
  • LANDLEASE: No
  • List Office I D: 968
  • Sales Office I D: 968
  • Selling Agent: 3509
  • Building Style: 2 Story
  • Bedroom 1 Level: Upper
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Tankless Water Heater, Water Softener-Owned, Disposal
  • Living Area Units: Square Feet
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: No
  • Bathroom Description: Main Floor Full Bath, Upper Level Full Bath
  • Total Bathrooms: 2
  • Basement: Partial
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Room 1: Guest House
  • Price Per S Q F T: 207.9
  • Above Grade Finished Sq Ft: 1924
  • Total Finished Sq Ft: 1924
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: Upper
  • Dining Room Level: Main
  • Family Room Level: Main
  • Living Room Level: Main

Exterior Features

  • Exterior: Metal
  • Outbuildings: Additional Garage, Guest House
  • Construction Type: Steel

Garage/Parking

  • Description: Detached Garage
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Window
  • Garage Stalls: 5
  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected
  • Electric: Circuit Breakers

Condo/Co-op/Association

  • Amenities: Deck, Porch, Kitchen Center Island, Ceiling Fan(s)

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.57
  • Geo Update Timestamp: 2022-06-29
  • Assessment Pending: No
  • Homestead Description: Owner
  • Lot Description: Tree Coverage - Medium
  • Lot Dimensions: 83 x 297
  • Lot Size Sq Ft: 24829
  • Lot Size Units: Acres

Rental Info

  • Rental License: No

Tax Info

  • Tax Year: 2021
  • Gross Taxes: 3204

Multi Family

  • Second Unit: Existing In-Law w/Kitchen, Existing In-Law w/Bath

MLS Schools

  • School District: 1233 - Clear Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Sep 8, 2022
Sold by
Michael J Finnegan Revocable Trust
Bought by
Rieck Travis W and Rieck Mary Jo
Seller's Agent
Mike Finnegan
Schoneman, REALTORS
Buyer's Agent
Chad Schoneman
Schoneman, REALTORS
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Total Days on Market
35
Current Estimated Value
$398,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,664
Avg. Annual Appreciation
1.10%
Original Mortgage
$400,000
Outstanding Balance
$387,360
Interest Rate
5.89%
Estimated Equity
$24,446

Purchase Details

Listed on
Jun 29, 2022
Closed on
Sep 5, 2022
Sold by
Susan R Finnegan Revocable Trust
Bought by
Rieck Travis W and Rieck Mary Jo
Seller's Agent
Mike Finnegan
Schoneman, REALTORS
Buyer's Agent
Chad Schoneman
Schoneman, REALTORS
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$387,360
Interest Rate
5.89%
Estimated Equity
$24,446

Purchase Details

Closed on
Feb 12, 2019
Sold by
Finnegan Michael J and Finnegan Susan R
Bought by
Susan R Finnegan Ret

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
Rieck Travis W $400,000 --
Rieck Travis W -- --
Rieck Travis W -- --
Susan R Finnegan Ret -- --
Michael J Finnegan Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rieck Travis W $400,000
Closed Rieck Travis W $400,000
Closed Michael J Finnegan Revocable T $200,000
Previous Owner Finnegan Michael J $217,250
Previous Owner Finnegan Michael J $11,500
Previous Owner Finnegan Michael J $180,000
Previous Owner Finnegan Michael J $15,000
Previous Owner Finnegan Michael J $19,744
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2022 09/08/22 Sold $400,000 -5.9% $208 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
07/11/2022 07/11/22 Price Changed $425,000 -5.6% $221 / Sq Ft
06/29/2022 06/29/22 For Sale $450,000 -- $234 / Sq Ft
Source: NoCoast MLS

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 $4,458 $364,920 $43,800 $321,120
2023 $3,690 $364,410 $43,290 $321,120
2022 $3,362 $244,520 $33,670 $210,850
2021 $3,204 $225,520 $33,670 $191,850
2020 $3,340 $212,080 $33,670 $178,410
2019 $2,888 $0 $0 $0
2018 $2,914 $0 $0 $0
2017 $2,722 $0 $0 $0
2016 $2,742 $0 $0 $0
2015 $2,742 $0 $0 $0
2014 $2,942 $0 $0 $0
2013 $2,970 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: NoCoast MLS

MLS Number: NOC6300110

NoCoast MLS

APN: 06-18-180-01-300