NOT LISTED FOR SALE

306 N Locust St Marcus, IA 51035

Estimated Value: $99,944 - $170,000

3 Beds
1 Bath
1,480 Sq Ft
$90/Sq Ft Est. Value

Last Sold January 02, 2018

Last sale price $29,500 $20 Per Sq Ft

Est. 350% increase in value since last sale

Current estimated payment $829/month

50 Days on Market

About This Home

As of January 2018

GREAT INVESTMENT PROPERTY OR STARTER HOME 3 home / 1 bath home located close to downtown Marcus. Single detached garage with alley access and fenced in yard. The main floor consist of a living room, office room, dining and kitchen, main floor laundry, full bathroom and enclosed front porch. With a little TLC this home could be a very nice family home or a great rental investment home.

Last Listed By

Laura Letsche

Farmers State Bank License #B58625 Listed on: 10/02/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $630

Year Built

  • Built in 1890

Lot Details

  • 5,000

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 1,480 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Additional Features

  • 5,000 Sq Ft Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$630

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: 1 1/2 Story
  • Legal Description: LOT 3 BLK 4 MARCUS ORIG TOWN
  • Year Built: 1890
  • 13: Name: Living, On Level: Main, Size: 15 x 12, Area = 180
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Sq Ft Above Grade: 1480
  • Price Per Sq Ft: 19.93
  • Price Per Sq Ft: 19.93

Exterior Features

  • Exterior: Wood Lap

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1

Utilities

  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Type: City

Lot Info

  • Acres: 0.11
  • Lot Sq Ft: 5000.00
  • Zoning: Residentia

Tax Info

  • Gross Taxes: 630
  • N W I A Tax I D: 0133457012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2023
Sold by
Dcf Land Llc
Bought by
Cave Properties & Investments 8 Llc
Total Days on Market
50
Current Estimated Value
$132,736

Purchase Details

Listed on
Oct 2, 2017
Closed on
Dec 31, 2017
Sold by
Stevenson David A and Stevenson Cynthis
Bought by
Dcf Land Llc
Seller's Agent
Laura Letsche
Farmers State Bank
Buyer's Agent
Laura Letsche
Farmers State Bank
List Price
$29,500
Sold Price
$29,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.47%

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
Cave Properties & Investments 8 Llc -- None Listed On Document
Dcf Land Llc $19,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dcf Land Llc $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2018 01/02/18 Sold $29,500 0.0% $20 / Sq Ft
11/21/2017 11/21/17 Pending -- -- --
10/02/2017 10/02/17 For Sale $29,500 -- $20 / 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
2024 $1,082 $78,520 $6,380 $72,140
2023 $1,082 $78,520 $6,380 $72,140
2022 $942 $57,020 $6,380 $50,640
2021 $942 $57,020 $6,380 $50,640
2020 $480 $57,020 $6,380 $50,640
2019 $490 $29,870 $0 $0
2018 $620 $37,748 $0 $0
2017 $630 $37,748 $0 $0
2016 $650 $37,748 $0 $0
2015 $590 $32,263 $0 $0
2014 $590 $32,263 $0 $0
Source: Public Records

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Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 44019457

Northwest Iowa Regional Board of REALTORS®

APN: 1-33-457-012