NOT LISTED FOR SALE

208 W Elm St Cherokee, IA 51012

Estimated Value: $78,000 - $131,000

5 Beds
5 Baths
3,086 Sq Ft
$32/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $36,000 $12 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $572/month

41 Days on Market

Highlights

  • 3 Fireplaces
  • Baseboard Heating
  • 1-minute walk to Spring Lake Park
  • 1 Car Detached Garage

About This Home

As of September 2019

This apartment house is located near downtown Cherokee, Iowa. The property is a high return investment. There are five one bedroom apartments. Each apartment is mostly furnished. There are three fireplaces. Each apartment has a living room and kitchen and bath. There are multiple entrances for tenant privacy. This property is priced to sell.

Last Agent to Sell the Property

Andrew Lee Carlson

EXIT Realty Midwest - Cherokee License #B60478 Listed on: 07/17/2019

EXIT Realty Midwest - Cherokee

Last Buyer's Agent

Andrew Lee Carlson

EXIT Realty Midwest - Cherokee License #B60478 Listed on: 07/17/2019

EXIT Realty Midwest - Cherokee

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890

Lot Details

  • 5,800 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 3,086 Sq Ft Home
  • Multi-Level Property
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Schools

  • Roosevelt Elementary School
  • Cherokee Middle School
  • Washington High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Gravity Heating System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 098073420401400

Home Details

Home Type

Single Family

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: Multi-Level 3
  • Legal Description: E 33` LOT 7 $ ALL LOT 8 LEBOURVEAUS ADD 6413
  • Year Built: 1890
  • School Middle Junior: Cherokee Middle
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Included: Washer, Dryer, Stoves, Fridges, Microwaves, Ceiling Fans, Window A/C Units, Furniture.
  • Fireplace Fuel: Wood
  • Fireplaces: 3
  • Total Bedrooms: 5
  • Total Bathrooms: 5
  • Basement: Unfinished
  • Total Sq Ft: 3086
  • Main Level Sq Ft: 1700
  • Sq Ft Above Grade: 3086
  • Sq Ft Below Grade Total: 1303
  • Sq Ft Below Grade Unfinis: 1303
  • Price Per Sq Ft: 11.67

Exterior Features

  • Exterior: Wood Lap
  • Roof: Shingle

Garage/Parking

  • Garage Type: Detached
  • Internet: Yes
  • Garage Spaces: 1

Utilities

  • Air Conditioning Type: Window
  • Flood Insurance: Not Required
  • Fuel Type: Natural Gas
  • Heat Type: Baseboard, Gravity, Hot Water
  • Sewer Type: City
  • Water Type: City

Schools

  • Elementary School: Roosevelt
  • Middle School: Cherokee Middle
  • High School: Washington High

Lot Info

  • Acres: 0.13
  • Lot Sq Ft: 5800
  • Parcel Number: 098073420401400

Tax Info

  • Year: 2019
  • Gross Taxes: 1099

Multi Family

  • Rental Income: 1800

MLS Schools

  • School Elementary: Roosevelt
  • School High: Washington High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2019
Closed on
Sep 11, 2019
Sold by
Law Rick and Law Michelle
Bought by
K B Rental Properties Llc
Seller's Agent
Andrew Lee Carlson
EXIT Realty Midwest - Cherokee
Buyer's Agent
Andrew Lee Carlson
EXIT Realty Midwest - Cherokee
List Price
$37,500
Sold Price
$36,000
Premium/Discount to List
-$1,500
-4%
Current Estimated Value
$91,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,509
Avg. Annual Appreciation
18.34%
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
K B Rental Properties Llc $36,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2019 09/12/19 Sold $36,000 -4.0% $12 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $37,500 -- $12 / Sq Ft
Source: Northwest Iowa Regional Board 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 $798 $47,390 $5,800 $41,590
2023 $798 $47,390 $5,800 $41,590
2022 $906 $41,770 $5,800 $35,970
2021 $906 $41,770 $5,800 $35,970
2020 $1,022 $41,770 $5,800 $35,970
2019 $1,100 $41,770 $0 $0
2018 $1,014 $36,812 $0 $0
2017 $1,054 $36,812 $0 $0
2016 $1,104 $36,812 $0 $0
2015 $1,178 $36,812 $0 $0
2014 $1,178 $36,812 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 805791

Northwest Iowa Regional Board of REALTORS®

APN: 7-34-204-014