NOT LISTED FOR SALE

304 N Main St Fairfield, IA 52556

Estimated Value: $46,000 - $88,000

2 Beds
1 Bath
1,048 Sq Ft
$65/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $52,000 $50 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $381/month

92 Days on Market

Highlights

  • Main Floor Bedroom
  • Living Room
  • Wood Siding

About This Home

As of January 2024

Large Double lot perfect for development or fix up the current house to flip and separate and develop the other half of the lot. Large corner lot across from Howard Park. used to have 2 houses on this lot. Current house is solid but needs TLC and updating. Great investment possibilities or a fix and flip/rental. City of Fairfield approved this property for a triplex several years ago so good development possibilities. Property was granted a variance on Nov.6,2017 by the board of adjustment and would allow a development of a triplex on this large lot. See docs for proposed layout and city docs.

Last Listed By

Douglas Alexander

Fairfield Real Estate Listed on: 08/21/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $976

Year Built

  • Built in 1920

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60 x 149

Parking

  • Gravel Driveway

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,048 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$976

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Legal Description: NEW PLAT N 60' LTS 1 & 2 BLK 5 & N 60' OF ALLEY W OF LT 2 BLK 4
  • Municipality: Fairfield
  • Year Built: 1920
  • Property Includes: stove, mini fridge and replacement windows for buyer to install
  • OFFICELIST_ADDRESS: 304 N Main Street
  • Distribute To Internet: Yes
  • List Office I D: 708
  • Sales Office I D: 708
  • Selling Agent: 3822
  • Street Designation: Street
  • Building Style: 1.5 Story
  • Bedroom 1 Level: Main
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range, Electric Water Heater
  • Living Area Units: Square Feet
  • Bedrooms: 2
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: No
  • Bedroom 4: No
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • Dining Room: No
  • Family Room: No
  • Kitchen: Kitchen
  • Living Room: Living Room
  • Price Per S Q F T: 49.62
  • Above Grade Finished Sq Ft: 1048
  • Above Grade Finished Sq Ft: 1048
  • Total Finished Sq Ft: 1048
  • Bedroom 2 Level: Upper

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Description: Driveway - Gravel
  • Fuel: Electric

Utilities

  • Air Conditioner: Window, None
  • Heating: Ductless Mini-Split
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.21
  • Geo Update Timestamp: 2023-08-23
  • Total Assessed Value: 53100
  • Assessment Pending: No
  • Homestead Description: None
  • Lot Dimensions: 60 X 149
  • Lot Size Sq Ft: 9148
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Gross Taxes: 976
  • Net Taxes: 976

MLS Schools

  • School District: 2169 - Fairfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Dec 1, 2023
Sold by
304 North Main Trust
Bought by
Campbell Michael and Mcchesney Kay
Seller's Agent
Douglas Alexander
Fairfield Real Estate
Buyer's Agent
Tammy Dunbar
Fairfield Real Estate
List Price
$109,900
Sold Price
$52,000
Premium/Discount to List
-$57,900
-52.68%
Total Days on Market
92
Views
150
Current Estimated Value
$68,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,601
Avg. Annual Appreciation
24.17%
Original Mortgage
$49,400
Interest Rate
6.62%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Campbell Michael $52,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campbell Michael $49,400
Previous Owner 304 North Main Trust $9,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $52,000 +4.0% $50 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/11/2023 11/11/23 Price Changed $50,000 -23.1% $48 / Sq Ft
10/18/2023 10/18/23 Price Changed $65,000 -25.7% $62 / Sq Ft
09/17/2023 09/17/23 Price Changed $87,500 -6.4% $83 / Sq Ft
09/11/2023 09/11/23 Price Changed $93,500 -5.1% $89 / Sq Ft
08/26/2023 08/26/23 Price Changed $98,500 -10.4% $94 / Sq Ft
08/21/2023 08/21/23 For Sale $109,900 -- $105 / Sq Ft
Source: NoCoast MLS

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 $16 $53,100 $12,500 $40,600
2023 $978 $53,100 $12,500 $40,600
2022 $954 $47,100 $12,500 $34,600
2021 $954 $47,100 $12,500 $34,600
2020 $2,360 $45,300 $12,500 $32,800
2019 $1,090 $48,200 $0 $0
2018 $1,044 $48,200 $0 $0
2017 $1,044 $112,700 $0 $0
2016 $3,650 $112,700 $0 $0
2015 $3,522 $94,100 $0 $0
2014 $3,242 $94,100 $0 $0
2013 $3,522 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: NoCoast MLS

MLS Number: NOC6310807

NoCoast MLS

APN: 06-25-303-003