NOT LISTED FOR SALE

1490 Franklyn Ave Marengo, IA 52301

Estimated Value: $198,000 - $261,000

5 Beds
3 Baths
2,718 Sq Ft
$85/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $200,000 $74 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,561/month

103 Days on Market

Highlights

  • Separate Formal Living Room
  • Fenced Yard
  • Laundry Room
  • Corner Lot
  • Patio
  • 4-minute walk to Gateway Park

About This Home

As of December 2022

Take a look at this extremely spacious-nearly 3,000 finished square feet, perfectly located, charming home. Upon arriving, you will be greeted by the covered front porch. You'll appreciate the oversized living room showcasing picture window with much natural light, wood like laminate flooring, and lovely built-ins making it feel like home. The kitchen includes appliances, pantry cabinet, quaint dining nook, and window above kitchen sink overlooking the fenced-in, flat backyard. The sprawling upper level includes 5 bedrooms and 2 full bathrooms with some bedrooms featuring rich hardwood floors. The oversized lower level includes 2 separate family rooms, full bathroom with walk-in tile shower, and laundry room. Many updates completed over the years including geothermal, roof, electrical, water heaters, and windows. Attached garage with exterior door. Desirable outdoor space situated on a large corner lot within walking distance to schools, outbuilding with concrete floor and alley access, oversized patio great for entertaining, garden area with complementing garden shed, and mature trees with classic tire swing. This property is a must see to truly appreciate all the space this home has to offer.

Last Agent to Sell the Property

Lexi Belland Perez

Lepic-Kroeger, REALTORS Listed on: 08/25/2022

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Lexi Belland Perez

Lepic-Kroeger, REALTORS Listed on: 08/25/2022

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,636

Year Built

  • Built in 1962

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 77x142
  • Fenced Yard
  • Corner Lot
  • Level Lot

Parking

  • 1 Parking Space

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • Multi-Level Property
  • Ceiling Fan
  • Family Room Downstairs
  • Separate Formal Living Room
  • Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Laundry Room
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement
  • Crawl Space

Outdoor Features

  • Patio
  • Shed

Schools

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

Utilities

  • Geothermal Heating and Cooling
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 733403060

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,636

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2718
  • Homebuilder: Unknown
  • Owner Name L F Mi: Estate of Joel Shannon Keim
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Remarks: Window in lower level is broken. Please allow 24 hour response time on all offers.
  • Year Built: 1962
  • Tax Year Report: 2021
  • 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: Street Lights
  • Basement Remarks: Poured Concrete, Crawl, Sump Pump, Finished, Full
  • Fireplace Type Location: None
  • Interior R: Other
  • Kitchen Breakfast R: Pantry
  • Lot Description R: Less than .5 Acre, Corner, Level
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Multilevel
  • Remarks2: Take a look at this extremely spacious-nearly 3,000 finished square feet, perfectly located, charming home. Upon arriving, you will be greeted by the covered front porch. You'll appreciate the oversized living room showcasing picture window with much natural light, wood like laminate flooring, and lovely built-ins making it feel like home. The kitchen includes appliances, pantry cabinet, quaint dining nook, and window above kitchen sink overlooking the fenced-in, flat backyard. The sprawling upper level includes 5 bedrooms and 2 full bathrooms with some bedrooms featuring rich hardwood floors. The oversized lower level includes 2 separate family rooms, full bathroom with walk-in tile shower, and laundry room. Many updates completed over the years including geothermal, roof, electrical, water heaters, and windows. Attached garage with exterior door. Desirable outdoor space situated on a large corner lot within walking distance to schools, outbuilding with concrete floor and alley access, oversized patio great for entertaining, garden area with complementing garden shed, and mature trees with classic tire swing. This property is a must see to truly appreciate all the space this home has to offer.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Icemaker Line, Microwave, Range/Oven, Refrigerator, Washer
  • Number Bedrooms Upper: 5
  • Sq Ft Above: 1696
  • Total Full Baths: 3
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1022
  • Laundry Location: Basement, Laundry Room
  • Mstr Br Level: Upper
  • Mstr Br Width: 11
  • Number of Lower Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Fenced Yard, Patio, Shed

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Ceiling Fans, Geothermal

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: 0.25
  • Geo Subdivision: IA
  • Lot Dimensions: 77x142
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 2856.74
  • Assessor Parcel Number: 733403060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Dec 8, 2022
Sold by
Keim Joel Shannon
Bought by
Sims Garet D
Seller's Agent
Lexi Belland Perez
Lepic-Kroeger, REALTORS
Buyer's Agent
Lexi Belland Perez
Lepic-Kroeger, REALTORS
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Views
135
Current Estimated Value
$231,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,418
Avg. Annual Appreciation
3.49%
Original Mortgage
$180,000
Outstanding Balance
$175,485
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$43,972

Purchase Details

Closed on
Aug 25, 2014
Sold by
Keim Heather R
Bought by
Keim Joel S
Source: Public Records

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 Buyer Sale Price Title Company
Sims Garet D $200,000 --
Keim Joel S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sims Garet D $180,000
Previous Owner Keim Joel S $160,000
Previous Owner Keim Joel S $40,000
Previous Owner Keim Joel M $136,000
Previous Owner Keim Joel S $30,000
Previous Owner Keim Joel S $60,000
Previous Owner Keim Joel C $40,000
Previous Owner Keim Joel S $95,000
Previous Owner Keim Joel S $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2022 12/19/22 Sold $200,000 -13.0% $74 / Sq Ft
10/05/2022 10/05/22 Price Changed $230,000 -4.2% $85 / Sq Ft
09/21/2022 09/21/22 Price Changed $240,000 -4.0% $88 / Sq Ft
08/25/2022 08/25/22 For Sale $250,000 -- $92 / 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 $3,636 $199,530 $20,100 $179,430
2023 $3,736 $199,530 $20,100 $179,430
2022 $3,188 $175,100 $16,630 $158,470
2021 $2,907 $175,100 $16,630 $158,470
2020 $2,688 $148,460 $15,250 $133,210
2019 $3,028 $148,460 $15,250 $133,210
2018 $2,786 $141,990 $13,860 $128,130
2017 $2,130 $141,990 $13,860 $128,130
2016 $2,010 $109,770 $13,860 $95,910
2015 $2,130 $109,770 $13,860 $95,910
2014 $2,044 $106,220 $13,860 $92,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202204858

Iowa City Area Association of REALTORS®

APN: 73-34-0306-0