NOT LISTED FOR SALE

216 E State St Algona, IA 50511

Estimated Value: $167,193

Studio
-- Bath
5,774 Sq Ft
$29/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $115,000 $20 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,063/month

118 Days on Market

Highlights

  • Bar
  • Forced Air Heating and Cooling System
  • 4-minute walk to Algona Recreation Department
  • Algona Middle School Rated 9+
  • Wood Siding

About This Home

As of November 2020

Here is your chance to buy an established bar and grill business at an affordable price in Algona. The Locker Room Bar and Grill is for sale and includes all of the furnishings and equipment to get your business started including but not limited to pub tables, bar stools, chairs, flat screen tvs, projector & big screen, bar glasses, walk-in cooler, food prep stations, fryers, griddle and much more. A full inventory list is available upon request.

Last Agent to Sell the Property

Andy Laubenthal

EXIT Realty Home/Land Properties License #B61473 Listed on: 07/14/2020

Last Buyer's Agent

Michael Elbert

EXIT Realty Home/Land Properties License #S32465

EXIT Realty Home/Land Properties

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,788

Year Built

  • Built in 1920

Lot Details

  • 5,808 Sq Ft Lot
  • 1 Common Wall

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Wood Siding
  • Block Exterior

Interior Spaces

  • Restroom Available
  • 5,774 Sq Ft Home
  • Bar

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 0042202460007

Property Details

Property Type

Other

Est. Annual Taxes

$1,788

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: COMMERCIAL
  • Type: Business Opportunity
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Interior Amenities: Bar Area, Kitchen Area, Restrooms
  • Price Per S Q F T: 19.92
  • Total Sq Ft: 5774

Exterior Features

  • Construction: Concrete Block, Frame/Wood
  • Construction Materials: Brick, Wood Siding
  • Exterior Features: High Visibility
  • Flood Zone: No
  • Road Frontage Type: City Street
  • Roof: Rubber
  • Waterfront: No

Garage/Parking

  • Parking Features: On-Street Pkg Only

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public/City

Association/Amenities

  • Common Walls: 1 Common Wall

Lot Info

  • Additional Assessor Parcel Numbers: No
  • Current Use: Bar/Tavern/Lounge, Food & Beverage, Restaurant
  • Land Size Acres: 0.13
  • Land Sq Ft: 5808
  • Parcel Number: 0042202460007

Tax Info

  • Tax Amount: 1788
  • Tax Classification: Commercial
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2013
Sold by
Capesius Leann R and Capesius Jerry
Bought by
Curry Linn and Curry Teresa
Current Estimated Value
$167,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$55,743
Interest Rate
3.34%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$111,450

Purchase Details

Closed on
Mar 15, 2006
Sold by
Algona Revitalization Project Inc
Bought by
Berte Leann R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Purchase History

Date Buyer Sale Price Title Company
Curry Linn $80,000 None Available
Berte Leann R $10,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Curry Linn $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $115,000 -10.9% $20 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $129,000 -- $22 / Sq Ft
Source: Iowa Great Lakes Board of REALTORS®

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
2025 $2,098 $137,810 $17,600 $120,210
2024 $2,098 $123,939 $17,600 $106,339
2023 $2,016 $122,688 $17,600 $105,088
2022 $1,758 $108,981 $17,600 $91,381
2021 $1,812 $94,793 $17,600 $77,193
2020 $1,758 $94,793 $17,600 $77,193
2019 $1,788 $94,029 $0 $0
2018 $1,668 $94,029 $0 $0
2017 $1,668 $94,029 $0 $0
2016 $2,436 $139,897 $0 $0
2015 $2,276 $127,227 $0 $0
2014 -- $127,227 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Andy Laubenthal

    EXIT Realty Home/Land Properties

  • M

    Buyer's Agent in 2020

    Michael Elbert

    EXIT Realty Home/Land Properties

    Section Image
See All Agents

Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 201039

Iowa Great Lakes Board of REALTORS®

APN: 22-02-460-007

Iowa Kossuth County Algona 50511

216 E State St, Algona, IA

Not Listed for Sale

Other

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.

Iowa Great Lakes Board of REALTORS® 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.

Nearby Homes