NOT LISTED FOR SALE

217 Michigan St Storm Lake, IA 50588

Estimated Value: $39,000 - $183,000

8 Beds
8 Baths
3,904 Sq Ft
$34/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $260,000 $67 Per Sq Ft

Est. 49% decrease in value since last sale

Current estimated payment $991/month

Highlights

  • Multiple Garages
  • Hot Water Heating System
  • 5-minute walk to Sunset Park
  • 4 Car Detached Garage

About This Home

As of July 2021

Excellent opportunity to own two duplexes with consistent rental histories that are next door to each other. Located on a quiet street just a couple hundred yards from the lake. 213 and 215 Michigan have a stately brick exterior and individual dual car garages. 217 and 219 Michigan share a double garage. This opportunity doesn't come available often! (Parcel ID's 1403333004 & 1403333003)

Last Agent to Sell the Property

Robert Bauer

Compass Real Estate of NW IA License #S61309 Listed on: 05/21/2021

Compass Real Estate of NW IA

Co-Listed By

Kathryn Bauer

Compass Real Estate of NW IA

Last Buyer's Agent

Robert Bauer

Compass Real Estate of NW IA License #S61309 Listed on: 05/21/2021

Compass Real Estate of NW IA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,981

Year Built

  • Built in 1940

Lot Details

  • 0.39 Acre Lot

Parking

  • 4 Car Detached Garage
  • Multiple Garages
  • Driveway

Home Design

  • 3,904 Sq Ft Home

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 1403333-003 & 004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,981

Year Built

Built in 1940

Lot Details

0

Parking

4

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Legal Description: as per abstracts
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3904
  • Main Level Sq Ft: 3904
  • Price Per Sq Ft: 66.6

Garage/Parking

  • Garage Type: Detached, Multiple
  • Driveway: Concrete
  • Garage Spaces: 4

Utilities

  • Air Conditioning Type: Window Unit
  • Flood Insurance: Not Required
  • Heat Type: Hot Water
  • Sewer Type: City
  • Water Type: City

Lot Info

  • Acres: 0.39
  • Parcel Number: 1403333-003 & 004

Rental Info

  • Paid By Electric: Tenant
  • Paid By Gas: Tenant
  • Paid By Water: Tenant

Tax Info

  • Gross Taxes: 5981
  • Tax Database Id: 1
  • Assessor Parcel Number: 19021-14-03-333-004

Multi Family

  • Rental Income: 28800
  • Electric Separate By Unit: Yes
  • Heat Separate By Unit: Yes
  • Number Of Units: 4
  • Water Separate By Unit: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2010
Sold by
Rohlk Ryan K and Rohlk Patty
Bought by
Rohlk Kenneth
Current Estimated Value
$133,815
Source: Public Records

Range of Values:

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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
Rohlk Kenneth $32,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $260,000 -1.9% $67 / Sq Ft
05/22/2021 05/22/21 Price Changed $265,000 -3.6% $68 / Sq Ft
05/21/2021 05/21/21 For Sale $275,000 -- $70 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
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
2025 $3,470 $175,290 $20,020 $155,270
2024 $3,470 $166,510 $20,020 $146,490
2023 $3,170 $166,510 $20,020 $146,490
2022 $3,074 $141,990 $20,020 $121,970
2021 $3,074 $141,990 $20,020 $121,970
2020 $2,864 $128,210 $20,020 $108,190
2019 $2,418 $128,210 $20,020 $108,190
2018 $2,418 $111,190 $18,930 $92,260
2017 $2,418 $111,190 $18,930 $92,260
2016 $2,374 $108,510 $18,930 $89,580
2015 $2,374 $104,330 $0 $0
2014 $2,240 $104,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Bauer

    Seller's Agent in 2021

    Robert Bauer

    Compass Real Estate of NW IA

    (941) 628-9143

    119 Total Sales

    Robert Bauer
    Section Image
  • Kathryn Bauer

    Seller Co-Listing Agent in 2021

    Kathryn Bauer

    Compass Real Estate of NW IA

    (941) 468-0249

    27 Total Sales

    Kathryn Bauer
    Section Image
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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 813273

Northwest Iowa Regional Board of REALTORS®

APN: 14-03-333-003

Iowa Buena Vista County Storm Lake 50588

217 Michigan St, Storm Lake, IA

This home is located at 217 Michigan St, Storm Lake, IA 50588 since 21 May 2021 and is currently estimated at $133,815, approximately $34 per square foot. This property was built in 1940. 217 Michigan St is a home located in Buena Vista County with nearby schools including East Early Childhood Center, Storm Lake Elementary School, and Storm Lake Middle School.

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.

Northwest Iowa Regional Board of REALTORS® Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.

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