NOT LISTED FOR SALE

305 S 4th Ave E Lake Mills, IA 50450

Estimated Value: $54,000 - $88,124

-- Bed
2 Baths
1,456 Sq Ft
$46/Sq Ft Est. Value

Last Sold December 05, 2022

Last sale price $60,000 $41 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $467/month

14 Days on Market

Highlights

  • Baseboard Heating
  • Lake Mills Elementary School Rated A-
  • Wood Siding

About This Home

As of December 2022

Are you ready to put your money to work? This income producing property is ready for new owners! This 2 story duplex boasts one unit on each level. Each unit is appx 728 sf and 1BR, 1BA each. Property features neutral paint, several new floors, and a shared washer/dryer on main level! Both units currently rented, UL at $650 & LL at $550. Owner currently pay utilities. 24 Hr Notice required to view property. Let's get your portfolio started TODAY!

Last Agent to Sell the Property

Marisa Koppen

Realty ONE Group Black Diamond Listed on: 10/18/2022

Last Buyer's Agent

Penny Elvebak

Realty ONE Group Black Diamond

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $844

Year Built

  • Built in 1890

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 66x175

Home Design

  • 1,456 Sq Ft Home
  • Duplex
  • Wood Siding

Utilities

  • Baseboard Heating

Community Details

  • 2 Units
  • Gross Income $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$844

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Accessible: None
  • Legal Description: 02 99 23 LOT 6 SMITH ADD BLK 10
  • Municipality: Lake Mills
  • Year Built: 1890
  • Stories: 2 Stories
  • OFFICELIST_ADDRESS: 305 S 4Th Avenue E
  • Distribute To Internet: Yes
  • List Office I D: 2760
  • Sales Office I D: 2760
  • Selling Agent: 4689
  • Street Designation: Avenue
  • Building Style: Duplex Up and Down
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Sq Ft: 728
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Total Bathrooms: 1
  • Unit 2 Bedrooms: 1
  • Unit 2 Number of Units: 1
  • Unit 2 Sq Ft: 728
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Basement: None
  • Price Per S Q F T: 41.21
  • Above Grade Finished Sq Ft: 1456
  • Fireplace: No
  • Total Finished Sq Ft: 1456

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Fuel: Natural Gas

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Fee Information

  • Annual Expense: 5400
  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Lot Info

  • Acres: 0.27
  • Geo Update Timestamp: 2022-10-18
  • Total Assessed Value: 47220
  • Assessment Pending: No
  • Homestead Description: None
  • Lot Dimensions: 66X175
  • Lot Size Sq Ft: 11761.2
  • Lot Size Units: Acres

Multi Family

  • Expenses: 480
  • Total Units: 2

Tax Info

  • Tax Year: 2021
  • Gross Taxes: 844

MLS Schools

  • School District: 3420 - Lake Mills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Nov 28, 2022
Sold by
Willier Ruth
Bought by
Tna Holdings Llc
Seller's Agent
Marisa Koppen
Realty ONE Group Black Diamond
Buyer's Agent
Penny Elvebak
Realty ONE Group Black Diamond
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%
Total Days on Market
14
Views
8
Current Estimated Value
$67,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,531
Avg. Annual Appreciation
3.94%
Original Mortgage
$45,000
Outstanding Balance
$29,418
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$37,260

Purchase Details

Closed on
Sep 22, 2022
Sold by
Rogstad Jeremy and Rogstad Stacie
Bought by
Willier Ruth

Purchase Details

Closed on
Jun 27, 2014
Sold by
Sprecher Kevin Todd
Bought by
Rogstad Jeremy and Rogstad Stacie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,880
Interest Rate
3.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2007
Sold by
Weber Clemence P
Bought by
Wangsness James D and Wangsness Sherry J
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
Tna Holdings Llc $60,000 --
Willier Ruth $35,000 --
Rogstad Jeremy $37,500 None Available
Wangsness James D $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tna Holdings Llc $45,000
Previous Owner Rogstad Jeremy $29,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2022 12/05/22 Sold $60,000 -7.7% $41 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $65,000 -- $45 / 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 $1,192 $71,740 $16,550 $55,190
2023 $938 $71,740 $16,550 $55,190
2022 $844 $47,220 $14,450 $32,770
2021 $884 $47,220 $14,450 $32,770
2020 $890 $44,970 $13,760 $31,210
2019 $896 $42,820 $0 $0
2018 $862 $42,820 $0 $0
2017 $778 $39,220 $0 $0
2016 $730 $39,220 $0 $0
2015 $730 $37,350 $0 $0
2014 $682 $37,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marisa Koppen

    Seller's Agent in 2022

    Marisa Koppen

    Realty ONE Group Black Diamond

    (641) 590-0465

    188 Total Sales

    Marisa Koppen
    Section Image

  • P

    Buyer's Agent in 2022

    Penny Elvebak

    Realty ONE Group Black Diamond

See All Agents

Map

Source: NoCoast MLS

MLS Number: NOC6303485

NoCoast MLS

APN: 0802384005

Iowa Winnebago County Lake Mills 50450

305 S 4th Ave E, Lake Mills, IA

This home is located at 305 S 4th Ave E, Lake Mills, IA 50450 since 18 October 2022 and is currently estimated at $67,531, approximately $46 per square foot. This property was built in 1890. 305 S 4th Ave E is a home located in Winnebago County with nearby schools including Lake Mills Elementary School, Lake Mills Middle School, and Lake Mills Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NoCoast MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes