M
Seller's Agent in 2021
Michelle Gifford
Allen Real Estate Company, LLC
(563) 663-2331
307 N 1st St Elkader, IA 52043
Estimated Value: $161,000 - $220,000
4
Beds
4
Baths
3,132
Sq Ft
$60/Sq Ft
Est. Value
Highlights
- Living Room with Fireplace
- Corner Lot
- 2 Car Detached Garage
- Wood Flooring
- Covered patio or porch
- French Doors
About This Home
As of April 2021PRICE REDUCED!! Great INVESTMENT opportunity! This house is currently divided into three separate apartments. They can be rented as longterm apartments or nightly rentals on airbnb/vrbo.com (already set-up for this). Owner also has website already set up as well. If owner-occupied, one could basically live here for free while renting out the other units! This house could also be converted back into one larger home. As a whole, there are 4 bedrooms and 4 full bathrooms. There are many beautiful architectural elements including beautiful woodwork, fireplaces, transoms and French doors. The exterior of the house was recently painted with new exterior stairs to the second floor apartment. The boiler and electrical panels are also newer. Lots of off-street parking! Newer metal roof! Great location with only two blocks to downtown Elkader!
Last Listed By
Michelle Gifford
Allen Real Estate Company, LLC License #S37243000 Listed on: 09/11/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,837
Year Built
- Built in 1890
Lot Details
- 9,720 Sq Ft Lot
- Lot Dimensions are 81.00x120.00
- Corner Lot
- Level Lot
Parking
- 2 Car Detached Garage
Home Design
- Metal Roof
- Wood Siding
Interior Spaces
- 3,132 Sq Ft Home
- Ceiling Fan
- Multiple Fireplaces
- Fireplace Features Masonry
- Gas Fireplace
- French Doors
- Living Room with Fireplace
- Wood Flooring
- Fire and Smoke Detector
Kitchen
- Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Stone Basement
- Crawl Space
Outdoor Features
- Covered patio or porch
Schools
- Central Elementary And Middle School
- Central High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Radiant Heating System
- Vented Exhaust Fan
- Baseboard Heating
- Heating System Uses Steam
Listing and Financial Details
- Assessor Parcel Number 2523309001
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
Total Days on Market
188
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
Listed on
Sep 11, 2020
Closed on
Apr 26, 2021
Sold by
Hole Llc
Bought by
Richards Randel R and Richards Jean M
Seller's Agent
Michelle Gifford
Allen Real Estate Company, LLC
List Price
$124,500
Sold Price
$117,500
Premium/Discount to List
-$7,000
-5.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.85%
Purchase Details
Closed on
May 15, 2019
Sold by
Cook Amy L
Bought by
Hole Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
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 |
|---|---|---|---|---|
| 04/26/2021 04/26/21 | Sold | $117,500 | 0.0% | $38 / Sq Ft |
| 03/18/2021 03/18/21 | Pending | -- | -- | -- |
| 02/23/2021 02/23/21 | Price Changed | $117,500 | -1.7% | $38 / Sq Ft |
| 12/07/2020 12/07/20 | Price Changed | $119,500 | -2.0% | $38 / Sq Ft |
| 09/28/2020 09/28/20 | Price Changed | $122,000 | -2.0% | $39 / Sq Ft |
| 09/11/2020 09/11/20 | For Sale | $124,500 | -- | $40 / Sq Ft |
Source: Northeast Iowa Regional Board 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: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20204644
APN: 22-25-23-309-001
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.
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