NOT LISTED FOR SALE

1602 Avenue I Fort Madison, IA 52627

Estimated Value: $50,000 - $69,000

3 Beds
1 Bath
996 Sq Ft
$63/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $55,000 $55 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $424/month

83 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Wheelchair Ramps
  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of July 2021

This well maintained one story home on a corner lot offers 3 bedrooms and 1 bath. It has central air, hardwood floors, deck out the back door, a fenced in yard, and is very spacious. It was recently used as a rental. You can keep it as one or live in it yourself! You get a lot for your money with this one!

Last Agent to Sell the Property

Tonya Lorence

Lorence Enterprises LLC Listed on: 02/03/2021

Last Buyer's Agent

McKenzie Horton

Ruhl & Ruhl Real Estate

Ruhl & Ruhl Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $966

Year Built

  • Built in 1913

Lot Details

  • 5,489 Sq Ft Lot
  • Lot Dimensions are 50.00 x 110.00

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 996 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Additional Features

  • Wheelchair Ramps
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$966

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: Wheelchair Ramp
  • Construction Status: Previously Owned
  • Copyright Remarks: No
  • Legal Description: #1441 1602 AVE I LOTS 21,22 BLK 1083
  • Municipality: Fort Madison
  • Year Built: 1913
  • Home Warranty: No
  • OFFICELIST_ADDRESS: 1602 Avenue I
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2021-02-03
  • List Office I D: 852
  • Sales Office I D: 561
  • Selling Agent: 4368
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Building Style: Ranch
  • Bedroom 1 Level: Main
  • Special Features: None

Interior Features

  • Common Walls: No
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: No
  • Total Bathrooms: 1
  • Basement: Full
  • Dining Room: Dining Room
  • Family Room: No
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Price Per S Q F T: 55.22
  • Above Grade Finished Sq Ft: 996
  • Fireplace: No
  • 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
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Level: Main
  • Living Room Level: Main

Exterior Features

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Wood

Garage/Parking

  • Description: Detached Garage, On-Street Parking Only
  • Fuel: Natural Gas
  • Garage Sq Ft: 240

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 1
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Association/Amenities

  • Complex/Development/Subdivision: Goodwins Sub

Condo/Co-op/Association

  • Association Fee YN: No

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Fort Madison
  • School District Number: 2322
  • School District Phone: 319-372-7252

Lot Info

  • New Develop: No
  • Acres: 0.13
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 50.00 x 110.00
  • Lot Size Sq Ft: 5489
  • Lot Size Units: Acres

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: Yes
  • Rental License Type: Standard

Tax Info

  • Tax With Assessments: 966
  • Tax Year: 2020
  • Gross Taxes: 966

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Jun 30, 2021
Sold by
Asay Properties Llc
Bought by
Jones Joshua
Seller's Agent
Tonya Lorence
Lorence Enterprises LLC
Buyer's Agent
McKenzie Horton
Ruhl & Ruhl Real Estate
List Price
$64,000
Sold Price
$55,000
Premium/Discount to List
-$9,000
-14.06%
Current Estimated Value
$62,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,526
Avg. Annual Appreciation
3.80%
Original Mortgage
$54,003
Outstanding Balance
$49,595
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$14,617
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
Jones Joshua $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Joshua $54,003
Previous Owner Arcehr Cathy L $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $55,000 -6.8% $55 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
03/23/2021 03/23/21 Price Changed $59,000 -7.8% $59 / Sq Ft
03/11/2021 03/11/21 For Sale $64,000 0.0% $64 / Sq Ft
02/27/2021 02/27/21 Pending -- -- --
02/18/2021 02/18/21 Price Changed $64,000 -7.2% $64 / Sq Ft
02/03/2021 02/03/21 For Sale $69,000 -- $69 / 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 $1,092 $54,280 $9,200 $45,080
2023 $1,030 $54,280 $9,200 $45,080
2022 $884 $44,740 $9,200 $35,540
2021 $884 $44,740 $9,200 $35,540
2020 $966 $46,280 $9,750 $36,530
2019 $758 $46,280 $9,750 $36,530
2018 $778 $43,760 $0 $0
2017 $778 $39,760 $0 $0
2016 $676 $39,760 $0 $0
2015 $676 $39,760 $0 $0
2014 $682 $39,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5708131

NoCoast MLS

APN: 02-47-15-04-333-0180