Seller's Agent in 2019
Joe Sylvester
Ole's 5 Star Realty, LLC
(563) 880-2201
93 Total Sales
307 1st St NW Elkader, IA 52043
Estimated Value: $171,000 - $210,000
4
Beds
3
Baths
3,132
Sq Ft
$62/Sq Ft
Est. Value
Highlights
- Multiple Fireplaces
- Fire Pit
- Hot Water Heating System
- Porch
About This Home
As of May 2019This historical home has been beautifully restored, This 4 bedroom home currently has 2 rental apartments for added income. It can easily be transformed back to a 4 bedroom home with no rental units. With many updates already completed, new steel roof (2010), boiler replaced (2016) breaker box and added blown insulation. Located 2 blocks from downtown Elkader, 1 block from Central Community School, this home is a great opportunity for a buyer that is looking for added income to help purchase the home or can be used as an income property with 3 rentals.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,822
Year Built
- Built in 1890
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 81 x 120
Parking
- 2 Car Garage
Home Design
- Stone Foundation
- Metal Roof
- Hardboard
Interior Spaces
- 2-Story Property
- Multiple Fireplaces
- Window Treatments
- Basement Fills Entire Space Under The House
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Fire Pit
- Porch
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Gas Available
Listing and Financial Details
- Assessor Parcel Number 25-23-309-001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 12, 2022
Sold by
Richards Randel R and Richards Jean M
Bought by
Fagner Dean Nels and Fagner Melinda Kaye
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,250
Outstanding Balance
$130,475
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$60,566
Purchase Details
Closed on
Apr 26, 2021
Sold by
Hole Llc
Bought by
Richards Randel R and Richards Jean M
Purchase Details
Listed on
Dec 8, 2018
Closed on
May 15, 2019
Sold by
Cook Amy L
Bought by
Hole Llc
Seller's Agent
Joe Sylvester
Ole's 5 Star Realty, LLC
Buyer's Agent
Joe Sylvester
Ole's 5 Star Realty, LLC
List Price
$124,900
Sold Price
$90,000
Premium/Discount to List
-$34,900
-27.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
Original Mortgage
$1
Interest Rate
4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Apr 17, 2006
Sold by
The Estate Of Melvin C Webber
Bought by
Schlueter Dennis L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,295
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fagner Dean Nels | $179,000 | -- | |
| Richards Randel R | $117,500 | None Available | |
| Hole Llc | $90,000 | -- | |
| Schlueter Dennis L | $77,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fagner Dean Nels | $134,250 | |
| Previous Owner | Hole Llc | $1 | |
| Previous Owner | Cook Amy L | $10,000 | |
| Previous Owner | Cook Amy L | $7,777 | |
| Previous Owner | Schlueter Dennis L | $69,295 | |
| Previous Owner | Estate Of Melvin C Webber | $38,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2019 05/16/19 | Sold | $90,000 | -27.9% | $29 / Sq Ft |
| 12/08/2018 12/08/18 | For Sale | $124,900 | -- | $40 / Sq Ft |
Source: East Central Iowa Association of REALTORS®
Tax History Compared to Growth
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 | $2,876 | $126,554 | $17,820 | $108,734 |
| 2023 | $2,626 | $126,554 | $17,820 | $108,734 |
| 2022 | $2,844 | $109,492 | $16,200 | $93,292 |
| 2021 | $2,106 | $99,878 | $16,200 | $83,678 |
| 2020 | $2,106 | $76,122 | $14,450 | $61,672 |
| 2019 | $1,722 | $62,735 | $14,450 | $48,285 |
| 2018 | $1,722 | $57,795 | $12,879 | $44,916 |
| 2017 | $1,956 | $57,795 | $12,879 | $44,916 |
| 2015 | $2,140 | $57,795 | $12,879 | $44,916 |
| 2014 | $2,178 | $57,795 | $12,879 | $44,916 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: East Central Iowa Association of REALTORS®
MLS Number: 136755
APN: 22-25-23-309-001
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