$185,000
SOLD APR 12, 2024

1440 Franklyn Ave Marengo, IA 52301

2 Beds
2.5 Baths
1,530 Sq Ft
0.26 Acres

Recently Sold

$121 Per Sq Ft

3% Below List Price

Highlights

  • Main Floor Primary Bedroom
  • Fenced Yard
  • Laundry Room
  • Separate Formal Living Room
  • Breakfast Bar
  • 4-minute walk to Gateway Park

About This Home

As of April 2024

You will be impressed with this mid-century, ranch style home, perfectly crafted, full of charm and character throughout. The oversized, light filled living room is a great spot for entertaining with large picture windows and recessed lighting. The kitchen includes stainless steel appliances featuring built-in oven, breakfast bar with seating, and original sophisticated cabinetry. Located off the kitchen is the dining room with eye catching built-ins and planter box. Two spacious bedrooms with rich hardwood floors and impressive deep closets with a Jack and Jill bathroom. Additional conveniently located full bathroom with tub/shower, linen closet, LVP flooring and vanity. You will appreciate the endless storage throughout this home. Oversized laundry room with washer and dryer included, lots of storage cabinetry and convenient half bath. The all brick exterior adds to the home's appeal with an inviting sunroom off the front. Attached heated garage with storage room. This property is a must see!

Last Agent to Sell the Property

Lexi Belland Perez

Lepic-Kroeger, REALTORS Listed on: 02/28/2024

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Abbi Patterson

KALONA REALTY, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,880

Year Built

  • Built in 1961

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 81x142
  • Fenced Yard
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 1,530 Sq Ft Home
  • Ceiling Fan
  • Separate Formal Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Iowa Valley Elementary And Middle School
  • Iowa Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 733403083

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,880

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1530
  • Homebuilder: Unknown
  • Owner Name L F Mi: Costello
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Remarks: This sale is subject to a specific purchase. RO system is not functioning. Crawl space is located in the garage.
  • Year Built: 1961
  • Tax Year Report: 2022
  • Directions: N. on M Ave., W. on North St., S. on Franklyn Ave.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights
  • Basement Remarks: Crawl
  • Fireplace Type Location: None
  • Interior R: Other
  • Kitchen Breakfast R: Breakfast Bar
  • Lot Description R: Less than .5 Acre, Level
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2661
  • Remarks2: You will be impressed with this mid-century, ranch style home, perfectly crafted, full of charm and character throughout. The oversized, light filled living room is a great spot for entertaining with large picture windows and recessed lighting. The kitchen includes stainless steel appliances featuring built-in oven, breakfast bar with seating, and original sophisticated cabinetry. Located off the kitchen is the dining room with eye catching built-ins and planter box. Two spacious bedrooms with rich hardwood floors and impressive deep closets with a Jack and Jill bathroom. Additional conveniently located full bathroom with tub/shower, linen closet, LVP flooring and vanity. You will appreciate the endless storage throughout this home. Oversized laundry room with washer and dryer included, lots of storage cabinetry and convenient half bath. The all brick exterior adds to the home's appeal with an inviting sunroom off the front. Attached heated garage with storage room. This property is a must see!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cook Top Separate, Dishwasher, Icemaker Line, Microwave, Wall Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1530
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 2
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room, Main
  • Mstr Br Level: Main
  • Mstr Br Width: 15
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Fenced Yard

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Ceiling Fans, Gas, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Iowa Valley
  • Middle School: Iowa Valley
  • High School: Iowa Valley
  • High School: Iowa Valley
  • Jr Middle School: Iowa Valley
  • Elementary School: Iowa Valley

Lot Info

  • Acreage: 0.26
  • Geo Subdivision: IA
  • Lot Dimensions: 81x142
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 2957.49
  • Assessor Parcel Number: 733403083

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Apr 9, 2024
Sold by
Waddell Emily Rose and Costello Emily Rose
Bought by
Stanerson Sidney A
Seller's Agent
Lexi Belland Perez
Lepic-Kroeger, REALTORS
Buyer's Agent
Abbi Patterson
KALONA REALTY, INC.
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%
Views
130
Current Estimated Value
$186,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,257
Avg. Annual Appreciation
-0.35%
Original Mortgage
$145,000
Outstanding Balance
$119,869
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving
Estimated Equity
$64,260

Purchase Details

Closed on
Oct 13, 2016
Sold by
Wirth Patricia K
Bought by
Waddell Emily Rose and Waddell Lesa Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $185,000 None Listed On Document
Warranty Deed $115,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,000 Credit Line Revolving
Previous Owner $87,000 New Conventional
Previous Owner $92,000 Adjustable Rate Mortgage/ARM
Previous Owner $159,720 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $185,000 -2.6% $121 / Sq Ft
02/28/2024 02/28/24 For Sale $189,900 +60.9% $124 / Sq Ft
06/20/2014 06/20/14 Sold $118,000 -9.2% $77 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $129,900 -- $85 / 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 $2,880 $160,270 $21,140 $139,130
2023 $2,914 $0 $0 $0
2022 $2,486 $0 $0 $0
2021 $2,270 $138,390 $17,500 $120,890
2020 $2,096 $117,700 $16,040 $101,660
2019 $2,270 $117,700 $16,040 $101,660
2018 $2,080 $112,640 $14,580 $98,060
2017 $1,920 $112,640 $14,580 $98,060
2016 $1,918 $108,470 $14,580 $93,890
2015 $2,015 $108,470 $14,580 $93,890
2014 $1,929 $105,030 $14,580 $90,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202401134

Iowa City Area Association of REALTORS®

APN: 73-34-0308-3