NOT LISTED FOR SALE

2263 Oil Well Rd Decorah, IA 52101

Decorah Area

Estimated Value: $251,000 - $470,000

8.98 Acres
$45,399 Price per Acre
391,169 Sq Ft Lot

Sale Details

Date Sold: January 17, 2024

Last sale price $410,000 $254 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,473 / mo

49 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 2 Car Detached Garage
  • Decorah Middle School Rated A
  • Enclosed Patio or Porch
  • Ceiling Fan

About This Lot

As of January 2024

Looking for that hobby farm? This acreage with almost 9 acres is located close to Decorah and Hwy. 9, which is a rare find. Several outbuildings on the property will house your goats, chickens, sheep...the list goes on! Down a secluded path you will find a small cabin to just get away from it all. The farmhouse has 4 bedrooms, 2 bathrooms and a great wraparound covered deck. The man cave across the yard is ready to house and display all that you enjoy. This property offers a great space for you to relax and unwind after long days. Call an agent today to make an appointment! 72 hour clause in place. Showings will continue.

Last Agent to Sell the Property

Jayme Folkedahl

Kelly Real Estate Inc License #S61676 Listed on: 08/31/2023

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,428

Year Built

  • Built in 1906

Lot Details

  • 8.98 Acre Lot
  • Additional Parcels
  • Property is zoned A-1

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,612 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Fire and Smoke Detector
  • Partially Finished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Storage Shed

Schools

  • Decorah Community Schools Elementary And Middle School
  • Decorah Community Schools High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Shared Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 123040001200

Property Details

Property Type

Land

Est. Annual Taxes

$2,428

Year Built

Built in 1906

Lot Details

8.98 Acres

Listing Details

  • Parcel Number: 123040001200
  • Year Built: 1906
  • Property Sub-Type: Acres
  • PropertyType: Residential
  • ResoLaundryFeatures: Dryer Hookup-Gas, Lower Level, Washer Hookup
  • Lot Size Acres: 8.98
  • Road Frontage Type: Gravel
  • Road Surface Type: Gravel
  • Co List Office Phone: 563-382-8406
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Interior Features: Hardwood Floors
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1612
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Appliances: Smoke Detector, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Basement: Block, Partially Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • BelowGradeArea: 564

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Deck-Wrap Around, Porch-Covered, Porch-Enclosed, Storage Shed

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage

Utilities

  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Baseboard, Electric
  • Sewer: Septic Tank
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Decorah Community Schools
  • High School: Decorah Community Schools
  • Middle Or Junior School: Decorah Community Schools

Lot Info

  • Zoning: A-1
  • Lot Dimensions: irreg
  • Lot Size Sq Ft: 391169
  • Additional Parcels: Yes

Tax Info

  • Tax Annual Amount: 2428

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

Listed on
Aug 31, 2023
Closed on
Jan 10, 2024
Sold by
Bought by
Seller's Agent
Jayme Folkedahl
Kelly Real Estate Inc
List Price
$475,000
Sold Price
$410,000
Premium/Discount to List
-$65,000
-13.68%
Views
170
Current Estimated Value
$407,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,319
Avg. Annual Appreciation
-0.22%
Original Mortgage
$328,000
Interest Rate
7.03%
Mortgage Type
New Conventional
Source: Public Records

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
$410,000 None Listed On Document
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 $75,000
Open $330,400
Closed $328,000
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
01/17/2024 01/17/24 Sold $410,000 -8.7% $254 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
10/13/2023 10/13/23 Price Changed $449,000 -5.5% $279 / Sq Ft
08/31/2023 08/31/23 For Sale $475,000 -- $295 / Sq Ft
Source: Northeast Iowa Regional 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 $2,788 $252,960 $59,400 $193,560
2024 $2,788 $226,540 $59,400 $167,140
2023 $2,224 $204,650 $59,400 $145,250
2022 $2,176 $176,500 $49,500 $127,000
2021 $2,128 $176,890 $49,500 $127,390
2020 $2,128 $167,490 $49,500 $117,990
2019 $2,126 $167,490 $0 $0
2018 $2,180 $167,490 $0 $0
2017 $1,896 $140,360 $0 $0
2016 $1,874 $140,360 $0 $0
2015 $1,824 $134,860 $0 $0
2014 $1,778 $134,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20233722

Northeast Iowa Regional Board of REALTORS®

APN: 123040001200

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