NOT LISTED FOR SALE

301 Chestnut St Elkader, IA 52043

Estimated Value: $83,000 - $123,000

3 Beds
2 Baths
1,672 Sq Ft
$62/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $50,000 $30 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $729/month

38 Days on Market

Highlights

  • Fruit Trees
  • Corner Lot
  • 1 Car Detached Garage
  • Wood Flooring
  • Enclosed patio or porch
  • Laundry Room

About This Home

As of October 2018

Take a look at this 3 bedroom home in Elkader. Sits on a corner lot with a nice yard where the kids can play. Laundry is on the main level but that room could easily be turned back into a bedroom to make this a 4 bedroom house. All of the rooms in this house are nice sized and the windows just got replaced in July. This home would make a great home for a young family, could be used as a rental or would make a great flip project.

Last Listed By

Nathan Trappe

Allen Real Estate Company, LLC License #B561100 Listed on: 08/29/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 7,920 Sq Ft Lot
  • Lot Dimensions are 60 x 132
  • Landscaped
  • Corner Lot
  • Level Lot
  • Fruit Trees
  • Garden

Parking

  • 1 Car Detached Garage

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,672 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Wood Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Gas Dryer Hookup

Unfinished Basement

  • Stone Basement
  • Interior and Exterior Basement Entry
  • Sump Pump

Outdoor Features

  • Enclosed patio or porch

Schools

  • Central Elementary And Middle School
  • Central High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Radiant Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2523188001

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Parcel Number: 2523188001
  • Year Built: 1900
  • Property Sub-Type: Single Family Residence
  • ResoLaundryFeatures: 1st Floor, Dryer Hookup-Gas, Dryer Hookup-Ele, Laundry Room, Washer Hookup
  • ResoLotFeatures: Corner Lot, Level
  • Lot Size Acres: 0.18
  • Road Frontage Type: Hard Surface Road, Paved Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 563-539-4136
  • MLS Status: Closed
  • Architectural Style: Multi-Level
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan(s), Ceiling Fan/Light, Hardwood Floors
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1672
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Sump Pump, Electric Water Heater
  • Basement: Entrance-Inside, Entrance-Outside, Stone/Rock, Unfinished
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • BelowGradeArea: 836

Exterior Features

  • Construction Type: Aluminum Siding
  • Exterior Features: Sidewalk, Fruit Trees, Garden, Landscaping, Porch, Porch-3 Season, Porch-Covered, Porch-Enclosed

Garage/Parking

  • Parking Features: 1 Stall, Detached Garage, Wired

Utilities

  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Radiant, Steam
  • Sewer: City Sewer
  • Water Source: City

Schools

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

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 60 X 132
  • Lot Size Sq Ft: 7920
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1258

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2018
Closed on
Oct 30, 2018
Sold by
Grimes Michael K and Grimes Chelsea M
Bought by
Erickson Michael C
Seller's Agent
Nathan Trappe
Allen Real Estate Company, LLC
List Price
$54,900
Sold Price
$50,000
Premium/Discount to List
-$4,900
-8.93%
Total Days on Market
38
Current Estimated Value
$103,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,271
Avg. Annual Appreciation
11.70%

Purchase Details

Closed on
Jan 13, 2016
Sold by
Meyer David and The Estate Of Allan Ray Meyer
Bought by
Grimes Michael K and Grimes Chelsea M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,800
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 29, 2014
Sold by
White Brian James and White Cathy L
Bought by
Cordes Emily and Bazyn Tyler Joseph

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
Erickson Michael C $50,000 --
Grimes Michael K $48,000 None Available
Cordes Emily $43,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erickson Michael C $111,200
Previous Owner Grimes Michael K $20,000
Previous Owner Grimes Michael K $40,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Sold $50,000 0.0% $30 / Sq Ft
10/09/2018 10/09/18 Off Market $50,000 -- --
08/29/2018 08/29/18 For Sale $54,900 -- $33 / 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 $1,846 $81,262 $6,798 $74,464
2023 $1,674 $81,262 $6,798 $74,464
2022 $1,550 $64,095 $6,180 $57,915
2021 $1,400 $64,095 $6,180 $57,915
2020 $1,400 $60,533 $6,180 $54,353
2019 $1,278 $60,533 $6,180 $54,353
2018 $1,278 $56,516 $6,180 $50,336
2017 $1,320 $56,516 $6,180 $50,336
2015 $940 $49,730 $9,517 $40,213
2014 $880 $49,730 $9,517 $40,213
Source: Public Records

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Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20184705

Northeast Iowa Regional Board of REALTORS®

APN: 22-25-23-188-001