NOT LISTED FOR SALE

216 E State St Algona, IA 50511

Algona Area

Estimated Value: $170,948

Studio
-- Baths
5,774 Sq Ft
$30/Sq Ft Est. Value

Sale Details

Date Sold: November 20, 2020

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

Est. 49% increase in value since last sale

Current estimated payment $1,154 / mo

118 Days on Market

Highlights

  • Bar
  • Wood Siding
  • 5-minute walk to Algona Recreation Department
  • Forced Air Heating and Cooling System

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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

5,808 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2013
Sold by
Capesius Leann R and Capesius Jerry
Bought by
Current Estimated Value
$170,948

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
Interest Rate
3.34%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,100
Interest Rate
6.34%
Mortgage Type
Construction
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Algona, IA

  • Deb Almond Real Estate Agent - Growthland Realty

    Deb Almond

    Growthland Realty

    (515) 368-8749

    157 Total Sales

    8 in Algona

    $26K - $129K Price Range

    Deb Almond
     Section Image
  • Sarah Laaser-Webb Real Estate Agent - RE/MAX Real Estate Center

    Sarah Laaser-Webb

    RE/MAX Real Estate Center

    (515) 686-6907

    138 Total Sales

    2 in Algona

    $49K - $710K Price Range

    Sarah Laaser-Webb
     Section Image
  • Kevin Kolbet Real Estate Agent - Kolbet Realtors

    Kevin Kolbet

    Kolbet Realtors

    (641) 552-0245

    266 Total Sales

    1 in Algona

    $180,000 Price

    Kevin Kolbet
     Section Image
  • Dana Reinders Real Estate Agent - EXIT Realty Midwest- Spencer/Emmetsburg

    Dana Reinders

    Responds Quickly

    EXIT Realty Midwest- Spencer/Emmetsburg

    (712) 335-7446

    212 Total Sales

    7 in Algona

    $40K - $285K Price Range

    Dana Reinders
     Section Image
  • Marisa Koppen Real Estate Agent - Realty ONE Group Black Diamond

    Marisa Koppen

    Responds Quickly

    Realty ONE Group Black Diamond

    (641) 381-5266

    193 Total Sales

    1 in Algona

    $204,000 Price

    Marisa Koppen
     Section Image
  • Brad Hoover Real Estate Agent - Weichert, REALTORS-The 515 Agency

    Brad Hoover

    Weichert, REALTORS-The 515 Agency

    (515) 320-8076

    119 Total Sales

    74 in Algona

    $52K - $540K Price Range

    Brad Hoover
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $20,000
Open Algona Axe House Llc $100,000
Closed Curry Linn $80,000
Previous Owner Berte Leann $210,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,176 $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

  • AL

    Seller's Agent in 2020

    Andy Laubenthal

    EXIT Realty Home/Land Properties

  • ME

    Buyer's Agent in 2020

    Michael Elbert

    EXIT Realty Home/Land Properties

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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

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.

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