$245,000
SOLD NOV 29, 2024

2156 Business 61 Fort Madison, IA 52627

15 Beds
7 Baths
9,443 Sq Ft
2.96 Acres

Recently Sold

$26 Per Sq Ft

42% Below List Price

23 Days on Market

Highlights

  • Ranch Style House
  • 1 Fireplace
  • Porch
  • Wood Flooring
  • Detached Garage
  • Building Patio

About This Home

As of November 2024

This is a great opportunity to have a free property!!!! This brick ranch home located on a hard surface road is just waiting on you to make it your forever home! It comes with 4 executive apartments behind it that will make your payments for you! The home has 3 large bedrooms with double closets in each, eat in kitchen with separate dining area, and a huge living room. There is also a 1 car attached garage and a 3 car detached garage. Tons of space and storage! This home also comes with 4 executive apartments that were made with high end materials. 3 apartments are 3 bedrooms and 1 bath and 1 apartment is 3-4 bedroom with 2 bath. All apartments and the home are currently occupied with a monthly income of $5100! These apartments all had all new plumbing, electrical, windows, siding, metal roof, furnaces, and ac units. They were made to last and have industrial wood plank flooring in the great rooms, tile in the bathrooms, and granite counters in the kitchen along with self closing custom cabinets. Owner is also listing agent

Last Agent to Sell the Property

Tonya Lorence

Lorence Enterprises LLC Listed on: 10/01/2024

Last Buyer's Agent

Tonya Lorence

Lorence Enterprises LLC Listed on: 10/01/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,342

Year Built

  • Built in 1956

Lot Details

  • 2.96 Acre Lot

Parking

  • Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 9,443 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 15 Bedrooms

Outdoor Features

  • Private Water Board Authority
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Private Sewer

Community Details

  • Building Patio
  • Community Deck or Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,342

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Construction Status: Previously Owned
  • Legal Description: per abstract. 3 different parcels
  • Year Built: 1956
  • OFFICELIST_ADDRESS: 2156 Business 61
  • Distribute To Internet: Yes
  • List Office I D: 852
  • Sales Office I D: 852
  • Selling Agent: 2270
  • Building Style: Ranch
  • Special Features: None

Interior Features

  • Common Walls: No
  • Appliances: Range, Wall Oven, Dishwasher, Refrigerator
  • Living Area Units: Square Feet
  • Flooring: Carpet, Hardwood, Laminate, Other
  • Fireplaces: 1
  • Bedrooms: 15
  • Bedroom 1: No
  • Bedroom 2: No
  • Bedroom 3: No
  • Bedroom 4: No
  • Total Bathrooms: 7
  • Basement: Poured Concrete
  • Dining Room: No
  • Family Room: No
  • Kitchen: No
  • Living Room: No
  • Price Per S Q F T: 25.95
  • Above Grade Finished Sq Ft: 9443
  • Fireplace Chars: Gas Burning
  • Fireplace: Yes
  • Total Finished Sq Ft: 9443
  • Three Quarter Bathrooms: 1

Exterior Features

  • Waterfront Present: No
  • Exterior: Brick/Stone
  • Road Frontage: Paved Streets
  • Roof: Other

Garage/Parking

  • Description: Detached Garage
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air
  • Sewer: Private Sewer
  • Water: Private

Condo/Co-op/Association

  • Amenities: Patio, Porch

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 2.96
  • Geo Update Timestamp: 2024-11-18
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Description: Tree Coverage - Heavy
  • Lot Dimensions: 3 parcels
  • Lot Size Sq Ft: 128938
  • Lot Size Units: Acres

Rental Info

  • Rental License: No

Tax Info

  • Tax Year: 2024
  • Gross Taxes: 3342
  • Net Taxes: 3342

MLS Schools

  • School District: 999 - Unknown

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $244,570 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2024 11/29/24 Sold $245,000 0.0% $26 / Sq Ft
10/24/2024 10/24/24 Pending -- -- --
10/24/2024 10/24/24 Price Changed $245,000 -42.4% $26 / Sq Ft
10/01/2024 10/01/24 For Sale $425,000 -- $45 / 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 $2,696 $209,890 $25,250 $184,640
2023 $2,458 $209,890 $25,250 $184,640
2022 $2,102 $159,110 $25,050 $134,060
2021 $2,102 $159,110 $25,050 $134,060
2020 $2,214 $155,640 $26,550 $129,090
2019 $2,144 $155,640 $26,550 $129,090
2018 $2,224 $146,830 $0 $0
2017 $2,224 $140,420 $0 $0
2016 $2,034 $140,420 $0 $0
2015 $2,034 $138,070 $0 $0
2014 $1,950 $138,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: NoCoast MLS

MLS Number: NOC6321744

NoCoast MLS

APN: 02-29-09-35-100-0230