NOT LISTED FOR SALE

305 5th Ave SE Oelwein, IA 50662

Estimated Value: $53,000 - $65,000

2 Beds
2 Baths
859 Sq Ft
$69/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $35,000 $41 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $396/month

46 Days on Market

Highlights

  • Wood Flooring
  • Rustic Architecture
  • 1 Car Attached Garage
  • Solid Surface Countertops
  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

REDUCED by $10k!! Charming 2 bedroom, 1.75 bath in a nice location/neighborhood close to High School, Wellness Center, Hospital and parks. Has some nice updates, such as newer living room/dining room flooring, breaker box, furnace and a/c. Basement has so much room for storage, canning or possibly add another bedroom. The oversize 1 stall garage has some good storage and enjoy the large backyard with easy alley access. Perfect setup for a starter home or investment property. Stove, fridge, microwave, washer and dryer stay. Make it your own, let's take a look!

Last Agent to Sell the Property

Noelle Coleman

EXIT Realty Unlimited Oelwein License #S59842 Listed on: 02/16/2022

EXIT Realty Unlimited Oelwein

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1917

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 50x130

Parking

  • 1 Car Attached Garage

Home Design

  • Rustic Architecture
  • Concrete Foundation
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 859 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Unfinished Basement
  • Sump Pump
  • Fire and Smoke Detector

Kitchen

  • Cooktop
  • Microwave
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Oelwein Elementary And Middle School
  • Oelwein High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1821483002

Home Details

Home Type

Single Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Parcel Number: 1821483002
  • Year Built: 1917
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • ResoLotFeatures: Multiple Houses
  • Lot Size Acres: 0.15
  • Road Frontage Type: Paved Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-283-5700
  • MLS Status: Closed
  • Architectural Style: Rustic
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan(s), Ceiling Fan/Light, Solid Surface Counters, Hardwood Floors
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 859
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Cooktop, Dryer, Microwave, Sump Pump, Refrigerator, Vented Exhaust Fan, Washer, Electric Water Heater
  • Basement: Block, Concrete, Floor Drain, Unfinished
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 859

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Sidewalk, Porch-Enclosed, School Bus Service

Garage/Parking

  • Parking Features: 1 Stall, Attached Garage, Oversized

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

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

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 50x130
  • Lot Size Sq Ft: 6500
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 898

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2022
Sold by
Fortressjoy Investments Llc
Bought by
Fji-I Holdings Llc
Current Estimated Value
$59,333

Purchase Details

Listed on
Feb 16, 2022
Closed on
May 12, 2022
Sold by
Nicole Renslow Ashley
Bought by
Fortressjoy Investments Llc
Seller's Agent
Noelle Coleman
EXIT Realty Unlimited Oelwein
List Price
$59,900
Sold Price
$35,000
Premium/Discount to List
-$24,900
-41.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.31%

Purchase Details

Closed on
Jan 22, 2013
Sold by
Fauser Charlotte and Fauser Douglas
Bought by
Fauser Charlotte and Fauser Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
3.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fji-I Holdings Llc $1,000 --
Fortressjoy Investments Llc $35,000 None Listed On Document
Fortressjoy Investments Llc $35,000 None Listed On Document
Fauser Charlotte -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $35,000 -29.9% $41 / Sq Ft
04/03/2022 04/03/22 Pending -- -- --
03/17/2022 03/17/22 Price Changed $49,900 -16.7% $58 / Sq Ft
02/16/2022 02/16/22 For Sale $59,900 -- $70 / 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 $972 $50,170 $9,000 $41,170
2023 $993 $50,170 $9,000 $41,170
2022 $862 $40,600 $7,500 $33,100
2021 $862 $40,600 $7,500 $33,100
2020 $898 $40,700 $4,500 $36,200
2019 $812 $36,770 $0 $0
2018 $794 $36,770 $0 $0
2017 $806 $35,630 $0 $0
2016 $786 $35,630 $0 $0
2015 $786 $0 $0 $0
2014 $774 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20220581

Northeast Iowa Regional Board of REALTORS®

APN: 18-21-483-002