$24,900
SOLD JUN 27, 2025

308 Franklin St Elgin, IA 52141

2 Beds
1 Bath
1,008 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$25 Per Sq Ft

50% Below List Price

41 Days on Market

About This Home

As of June 2025

This single-family house is full of potential! Turn a perceptive eye into a home with many possibilities! A smaller home ready for its new owner, boasts a 2-bedrom, single bath, and has been in the process of being updated. A little work will make this property exactly how you want it! Information is believed to be accurate, but is not guaranteed.

Last Agent to Sell the Property

James Moritz

Freedom Agency License #B34991000 Listed on: 04/17/2025

Last Buyer's Agent

Jeffrey Marcks

EXIT Realty Driftless Group License #B64863000

EXIT Realty Driftless Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 5,280 Sq Ft Lot
  • Lot Dimensions are 44' x 120'

Parking

  • No Garage

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Valley Elementary School
  • North Fayette Valley Middle School
  • North Fayette Valley High School

Community Details

  • Freebombank Elgin Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0814404008

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

5,280 Sq Ft Lot

Listing Details

  • Parcel Number: 0814404008
  • Year Built: 1960
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor
  • Lot Size Acres: 0.12
  • Road Frontage Type: Paved Road
  • Road Surface Type: None
  • Co List Office Phone: 563-539-2015
  • MLS Status: Closed
  • Subdivision Name: FREEBOMBANK-ELGIN
  • Reso Fireplace Features: None
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 0

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Valley
  • High School: North Fayette Valley
  • Middle Or Junior School: North Fayette Valley

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 44' X 120'
  • Lot Size Sq Ft: 5280
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 796

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2025
Closed on
Jun 27, 2025
Sold by
Freedombank
Bought by
Cline Luke M and Cline Hope
Seller's Agent
James Moritz
Freedom Agency
Buyer's Agent
Jeffrey Marcks
EXIT Realty Driftless Group
List Price
$49,900
Sold Price
$24,900
Premium/Discount to List
-$25,000
-50.1%
Views
34
Current Estimated Value
$64,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,424
Avg. Annual Appreciation
279.01%

Purchase Details

Closed on
Mar 26, 2025
Sold by
Fayette County Of Sheriff
Bought by
Freedombank

Purchase Details

Listed on
Sep 12, 2019
Closed on
Sep 20, 2019
Sold by
Allen Rentals Co Llc
Bought by
B Investments Llc
Seller's Agent
Nathan Trappe
Allen Real Estate Company, LLC
List Price
$35,000
Sold Price
$33,000
Premium/Discount to List
-$2,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.02%
Original Mortgage
$1
Interest Rate
3.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $25,000 None Listed On Document
Warranty Deed $25,000 None Listed On Document
Sheriffs Deed $29,541 None Listed On Document
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2025 06/27/25 Sold $24,900 -50.1% $25 / Sq Ft
05/28/2025 05/28/25 Pending -- -- --
04/17/2025 04/17/25 For Sale $49,900 +51.2% $50 / Sq Ft
09/24/2019 09/24/19 Sold $33,000 -5.7% $33 / Sq Ft View Prior Sale
09/12/2019 09/12/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $35,000 -- $35 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

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
2025 $810 $58,930 $5,120 $53,810
2024 $810 $52,110 $5,120 $46,990
2023 $685 $52,110 $5,120 $46,990
2022 $822 $41,120 $4,270 $36,850
2021 $822 $41,120 $4,270 $36,850
2020 $798 $36,830 $3,840 $32,990
2019 $740 $34,460 $0 $0
2018 $696 $34,460 $0 $0
2017 $766 $35,150 $0 $0
2016 $756 $35,150 $0 $0
2015 $756 $0 $0 $0
2014 $728 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20251677

Northeast Iowa Regional Board of REALTORS®

APN: 08-14-404-008

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