2589 Tailor Ave Fairbank, IA 50629
3
Beds
2
Baths
2,056
Sq Ft
2.87
Acres
Highlights
- RV or Boat Parking
- Wood Burning Stove
- Wood Flooring
- Deck
- Family Room with Fireplace
- 3 Car Garage
About This Home
As of March 2024Privacy and nature abound with this fabulous acreage nestled on 2.87 acres west of Wapsie Valley Schools on hard surfaced road. The main level boosts a grand open layout with large living room w/fireplace, great dining area, an updated kitchen with lots of cabinets, 3 beds, and full bath. The spacious lower features a family room with wood stove and walkout to patio, a bar area, laundry, storage and 3/4 bath. Loaded with lots of natural light, great nature views, beautiful decorating - this home is move in ready. Tuck under garage, additional outbuilding with workshop, new septic system Fall 2023, garden area and plenty of space for kids/pets and entertaining, make this a gem of an acreage.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,754
Year Built
- Built in 1976
Lot Details
- 2.87 Acre Lot
- Garden
- Property is zoned A-1
Home Design
- Block Foundation
- Vinyl Siding
Interior Spaces
- 2,056 Sq Ft Home
- Ceiling Fan
- Multiple Fireplaces
- Wood Burning Stove
- Wood Burning Fireplace
- Family Room with Fireplace
- Living Room with Fireplace
- Wood Flooring
- Walk-Out Basement
Kitchen
- Free-Standing Range
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Parking
- 3 Car Garage
- Workshop in Garage
- Garage Door Opener
- RV or Boat Parking
Outdoor Features
- Deck
- Patio
- Outbuilding
Schools
- Wapsie Valley Elementary And Middle School
- Wapsie Valley High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Water Softener is Owned
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 1220300003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 26, 2023
Closed on
Mar 26, 2024
Sold by
Mcdaniel Ryan James and Mcdaniel Nancy Lynn
Bought by
May James P
Seller's Agent
Wes Gielau
RE/MAX Alliance
List Price
$324,000
Sold Price
$314,000
Premium/Discount to List
-$10,000
-3.09%
Views
127
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,518
Avg. Annual Appreciation
3.75%
Original Mortgage
$298,300
Outstanding Balance
$294,584
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$35,275
Purchase Details
Closed on
Feb 13, 2020
Sold by
Mcdaniel Ryan and Mcdaniel Nancy L
Bought by
Mcdaniel Ryan J and Mcdaniel Nancy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,360
Interest Rate
3.6%
Mortgage Type
New Conventional
Similar Homes in Fairbank, IA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $314,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $298,300 | New Conventional | |
| Previous Owner | $69,645 | Credit Line Revolving | |
| Previous Owner | $139,500 | New Conventional | |
| Previous Owner | $113,360 | New Conventional | |
| Previous Owner | $115,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $118,000 | New Conventional | |
| Previous Owner | $152,050 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/29/2024 03/29/24 | Sold | $314,000 | -1.6% | $153 / Sq Ft |
| 02/20/2024 02/20/24 | Pending | -- | -- | -- |
| 10/24/2023 10/24/23 | Price Changed | $319,000 | -1.5% | $155 / Sq Ft |
| 09/26/2023 09/26/23 | For Sale | $324,000 | -- | $158 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
Tax History Compared to Growth
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 | $2,936 | $243,960 | $69,350 | $174,610 |
| 2023 | $2,754 | $246,190 | $60,450 | $185,740 |
| 2022 | $2,724 | $206,590 | $55,700 | $150,890 |
| 2021 | $2,808 | $206,590 | $55,700 | $150,890 |
| 2020 | $2,808 | $197,980 | $45,000 | $152,980 |
| 2019 | $2,832 | $197,980 | $0 | $0 |
| 2018 | $2,806 | $197,980 | $0 | $0 |
| 2017 | $2,806 | $187,760 | $0 | $0 |
| 2016 | $2,654 | $187,760 | $0 | $0 |
| 2015 | $2,654 | $175,480 | $0 | $0 |
| 2014 | $2,488 | $175,480 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Wes Gielau
RE/MAX
(319) 240-8652
220 Total Sales
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20234104
APN: 12-20-300-003
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