NOT LISTED FOR SALE

1516 Avenue E Fort Madison, IA 52627

Estimated Value: $59,000 - $77,000

2 Beds
1 Bath
1,827 Sq Ft
$39/Sq Ft Est. Value

Last Sold December 11, 2013

Last sale price $16,000 $9 Per Sq Ft

Est. 341% increase in value since last sale

Current estimated payment $474/month

About This Home

As of December 2013

Two bedroom, 1 bath foreclosure. Sells as is.

Last Agent to Sell the Property

Outside Listing Agent

Outside Listing Office Listed on: 12/11/2013

Last Buyer's Agent

Tonya Lorence

Lorence Enterprises LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,098

Year Built

  • Built in 1892

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 43.00 x 145.00

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 1,827 Sq Ft Home
  • 1.5-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,098

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Copyright Remarks: Yes
  • Legal Description: #1324 1516 AVE E E1/2 OF LOT 14 W18' OF
  • Municipality: Fort Madison
  • Year Built: 1892
  • OFFICELIST_ADDRESS: 1516 Avenue E
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2013-12-11
  • List Office I D: 769
  • M L Number Foreign: SEIA23005620
  • Sales Office I D: 852
  • Selling Agent: 2270
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Building Style: 1.5 Story
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet
  • Bedrooms: 2
  • Bedroom 1: No
  • Bedroom 2: No
  • Bedroom 3: No
  • Bedroom 4: No
  • Total Bathrooms: 1
  • Basement: Other
  • Dining Room: No
  • Family Room: No
  • Kitchen: No
  • Living Room: No
  • Price Per S Q F T: 8.76
  • Above Grade Finished Sq Ft: 1827
  • Room Types: Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Bedroom 1, Bedroom 4, Kitchen, Living Room, Bedroom 2, Bedroom 3

Exterior Features

  • Roof: Asphalt Shingles

Garage/Parking

  • Fuel: Other

Utilities

  • Air Conditioner: None
  • Water: City Water/Connected

Condo/Co-op/Association

  • Amenities: Porch

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Fort Madison

Lot Info

  • New Develop: No
  • Acres: 0.14
  • Lot Dimensions: 43.00 X 145.00
  • Lot Size Sq Ft: 6098
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Tax Info

  • Tax With Assessments: 712

MLS Schools

  • School District: 2322 - Fort Madison
  • School District Name: Fort Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2013
Closed on
Dec 10, 2013
Sold by
Bayview Financial Property Trust
Bought by
Valley View Rentals Llc
Seller's Agent
Outside Listing Agent
Outside Listing Office
Buyer's Agent
Tonya Lorence
Lorence Enterprises LLC
List Price
$18,000
Sold Price
$16,000
Premium/Discount to List
-$2,000
-11.11%
Current Estimated Value
$70,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,583
Avg. Annual Appreciation
15.82%

Purchase Details

Closed on
Dec 20, 2009
Sold by
Hart William C and Hart Kathleen G
Bought by
Horner John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.87%
Mortgage Type
Seller Take Back
Source: Public Records

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
Valley View Rentals Llc $16,000 None Available
Horner John M $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horner John M $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2013 12/11/13 Sold $16,000 0.0% $14 / Sq Ft
12/11/2013 12/11/13 Sold $16,000 -11.1% $9 / Sq Ft
12/11/2013 12/11/13 Pending -- -- --
12/11/2013 12/11/13 For Sale $18,000 -27.7% $10 / Sq Ft
10/08/2013 10/08/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $24,900 -- $22 / 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 $1,098 $54,550 $8,690 $45,860
2023 $1,042 $54,550 $8,690 $45,860
2022 $896 $45,290 $8,690 $36,600
2021 $896 $45,290 $8,690 $36,600
2020 $898 $43,080 $9,210 $33,870
2019 $874 $43,080 $9,210 $33,870
2018 $902 $40,640 $0 $0
2017 $848 $36,900 $0 $0
2016 $804 $36,900 $0 $0
2015 $804 $36,900 $0 $0
2014 $810 $36,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2013

    Outside Listing Agent

    Outside Listing Office

  • Jon Salvador

    Seller's Agent in 2013

    Jon Salvador

    Century 21/Property Profession

    (319) 759-4932

    542 Total Sales

    Jon Salvador
    Section Image

  • T

    Buyer's Agent in 2013

    Tonya Lorence

    Lorence Enterprises LLC

    (319) 470-7441

    29 Total Sales

    Tonya Lorence
    Section Image
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Map

Source: NoCoast MLS

MLS Number: NOC5374435

NoCoast MLS

APN: 02-47-15-04-254-0010

Iowa Lee County Fort Madison 52627

1516 Avenue E, Fort Madison, IA

This home is located at 1516 Avenue E, Fort Madison, IA 52627 since 11 December 2013 and is currently estimated at $70,583, approximately $38 per square foot. This property was built in 1892. 1516 Avenue E is a home located in Lee County with nearby schools including Fort Madison High School, Holy Trinity Junior/Senior Catholic High School, and Holy Trinity Catholic Elementary-Fort Madison.

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.

NoCoast MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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