NOT LISTED FOR SALE

245 7th Ave W Cresco, IA 52136

Estimated Value: $80,000 - $88,000

3 Beds
1 Bath
1,350 Sq Ft
$63/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $50,000 $37 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $569/month

27 Days on Market

Highlights

  • 2 Car Detached Garage
  • Storage Shed
  • 2-minute walk to Kessel Park
  • Forced Air Heating System

About This Home

As of November 2019

Great location with a large park and the hospital right across the street. This home has had several important updates over the years including roof, siding, furnace and some electrical. The main floor offers a kitchen, laundry room, dining room and living room with open stairway. Upstairs you will find three bedrooms and a full bath. The back yard features a two car garage with alley access and two storage sheds. There is also off street parking to the East of the home.

Last Listed By

Steven Burke

Burke Real Estate License #B44679 Listed on: 09/05/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $784

Year Built

  • Built in 1901

Lot Details

  • 6,708 Sq Ft Lot
  • Lot Dimensions are 43' x 156'
  • Property is zoned R-2

Parking

  • 2 Car Detached Garage

Home Design

  • 1,350 Sq Ft Home
  • Concrete Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Cresco Elementary And Middle School
  • Cresco High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Laundry on main level
  • Storage Shed

Listing and Financial Details

  • Assessor Parcel Number 320230807100000

Home Details

Home Type

Single Family

Est. Annual Taxes

$784

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Parcel Number: 320230807100000
  • Year Built: 1901
  • Property Sub-Type: Single Family Residence
  • ResoLaundryFeatures: 1st Floor
  • Lot Size Acres: 0.154
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Crushed Rock
  • Co List Office Phone: 563-547-2554
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1350
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Concrete
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 576
  • BelowGradeArea: 300

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Storage Shed

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage

Utilities

  • Cooling: None
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Schools

  • Elementary School: Cresco
  • High School: Cresco
  • Middle Or Junior School: Cresco

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 43' x 156'
  • Lot Size Sq Ft: 6708
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 784

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2019
Closed on
Nov 2, 2019
Sold by
Crain Merlin D
Bought by
Watson Tayler G
Seller's Agent
Steven Burke
Burke Real Estate
List Price
$54,900
Sold Price
$50,000
Premium/Discount to List
-$4,900
-8.93%
Total Days on Market
27
Current Estimated Value
$84,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,565
Avg. Annual Appreciation
12.02%
Original Mortgage
$42,500
Interest Rate
8.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 2, 2018
Sold by
Crain Merlin D and Crain Linda J
Bought by
Crain Merlin D

Range of Values:

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Average Value
Not Available
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
Watson Tayler G $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Tayler G $119,000
Closed Watson Tayler G $41,300
Closed Watson Tyler G $41,300
Closed Watson Tayler G $42,500
Previous Owner Crain Linda J $47,900
Previous Owner Crain Merlin D $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $50,000 -8.9% $37 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $54,900 -- $41 / Sq Ft
Source: Northeast 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
2024 $1,172 $64,310 $7,600 $56,710
2023 $1,172 $64,310 $7,600 $56,710
2022 $1,072 $53,670 $7,600 $46,070
2021 $1,012 $53,670 $7,600 $46,070
2020 $812 $47,920 $7,600 $40,320
2019 $784 $45,010 $0 $0
2018 $772 $45,010 $0 $0
2017 $844 $46,760 $0 $0
2016 $844 $46,760 $0 $0
2015 $844 $46,760 $0 $0
2014 $790 $46,760 $0 $0
Source: Public Records

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Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20194781

Northeast Iowa Regional Board of REALTORS®

APN: 320-23-08-07-100-000