NOT LISTED FOR SALE

304 E 1st St Storm Lake, IA 50588

Estimated Value: $149,000 - $187,000

3 Beds
2 Baths
1,887 Sq Ft
$88/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $131,500 $70 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,122/month

4 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Eat-In Kitchen
  • 2 Car Detached Garage
  • Oversized Parking
  • 3-minute walk to Chautauqua Park

About This Home

As of September 2021

304 E 1st St Storm Lake, IA is a very nice 3-4 bedroom and 2 bath home. Located close to the lake and downtown, this will be a nice home or a good flip for an investor. The living room, dining room and kitchen are all open to each other. A beautiful lighted wood and glass shelving unit is the center piece of the upstairs area. One of the upstairs bedroom has been modified to be the laundry but could be put back to just a bedroom. There is a large 2 car garage just out the kitchen door. The property is selling "AS IS", but there are some small electrical projects that will be done prior to closing. Most of the yard is in the front but there is a small yard just south of the house. There is a handicap ramp that can be removed and pavers that will be removed. Buyers must be preapproved to tour the home, 2 hour notice is needed for showings. This home is solid but could use some updating.

Last Agent to Sell the Property

Georgia Weaver

Weaver LLC Realtors License #B55786 Listed on: 08/02/2021

Last Buyer's Agent

Georgia Weaver

Weaver LLC Realtors License #B55786 Listed on: 08/02/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,228

Year Built

  • Built in 1954

Lot Details

  • 5,090

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Steel Siding

Interior Spaces

  • Entrance Foyer
  • Living Room
  • Partially Finished Basement
  • Bedroom in Basement
  • Fire and Smoke Detector
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Porch
  • 5,090 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 19021-14-03-454-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,228

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: Ranch
  • Legal Description: 18-52 STORM LAKE CORP HAYES E 1/2 N 1/2 LOT 17 & E 46' OF N 46' & E 56' OF N 10' OF S 14' & S 4' OF E 1/2 ALL IN LOT 18
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Included: Stove, refrigerator, dishwasher, microwave, stackable washer and dryer - all appliances included but not warranted
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Basement: Partially Finished
  • Basement Rooms: Bedroom, Family
  • Main Level Rooms: Bedroom, Full Bath, Kitchen, Living
  • Total Sq Ft: 1887
  • Main Level Sq Ft: 1362
  • Sq Ft Above Grade: 1362
  • Sq Ft Below Grade Finishe: 525

Exterior Features

  • Exterior: Steel
  • Roof: Shingle

Garage/Parking

  • Garage Type: Detached
  • Driveway: Concrete
  • Garage Spaces: 2

Utilities

  • Air Conditioning Type: Central
  • Flood Insurance: Not Required
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Type: City

Association/Amenities

  • Amenities: Brick Accent, Built-Ins, Eat-In Kitchen, Foyer, Garage Door Opener, Main Floor Laundry, Oversized Garage, Porch, Smoke Detector

Lot Info

  • Acres: 0.12
  • Lot Sq Ft: 5090
  • Parcel Number: 19021-14-03-454-002
  • Zoning: R

Tax Info

  • Gross Taxes: 2228
  • Tax Database Id: 1
  • Assessor Parcel Number: 19021-14-03-454-002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Sep 21, 2021
Sold by
Hope Ensley
Bought by
Southiphong Venus
Seller's Agent
Georgia Weaver
Weaver LLC Realtors
Buyer's Agent
Georgia Weaver
Weaver LLC Realtors
List Price
$131,500
Sold Price
$131,500
Current Estimated Value
$166,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,240
Avg. Annual Appreciation
5.65%
Original Mortgage
$100,125
Outstanding Balance
$76,426
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$90,314

Purchase Details

Listed on
Feb 4, 2013
Closed on
Aug 7, 2013
Sold by
Federal National Mortgage Association
Bought by
Obannon Properties Llc
Seller's Agent
Sandy Siegel
Gustafson Realty
Buyer's Agent
Georgia Weaver
Weaver LLC Realtors
List Price
$84,000
Sold Price
$59,000
Premium/Discount to List
-$25,000
-29.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%

Purchase Details

Closed on
Dec 22, 2006
Sold by
Paterson Ronald G and Paterson Jean Phipps
Bought by
Rodriguez Jose and Rodriguez Jesus C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,750
Interest Rate
6.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Southiphong Venus $133,500 None Listed On Document
Obannon Properties Llc $59,000 None Available
Rodriguez Jose $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Southiphong Venus $100,125
Previous Owner Rodriguez Jose $82,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2021 09/23/21 Sold $131,500 0.0% $70 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $131,500 +122.9% $70 / Sq Ft
09/27/2013 09/27/13 Sold $59,000 -29.8% $43 / Sq Ft View Prior Sale
07/11/2013 07/11/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $84,000 -- $62 / Sq Ft
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 $3,110 $157,420 $11,550 $145,870
2024 $3,110 $149,170 $11,550 $137,620
2023 $2,518 $149,170 $11,550 $137,620
2022 $2,442 $112,830 $11,550 $101,280
2021 $2,442 $112,830 $11,550 $101,280
2020 $2,228 $99,710 $11,550 $88,160
2019 $2,096 $99,710 $11,550 $88,160
2018 $2,096 $96,370 $9,610 $86,760
2017 $2,094 $96,370 $9,610 $86,760
2016 $2,052 $93,840 $9,610 $84,230
2015 $2,052 $90,230 $0 $0
2014 $1,936 $90,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 814276

Northwest Iowa Regional Board of REALTORS®

APN: 14-03-454-002