NOT LISTED FOR SALE

309 N Chestnut St Glenwood, IA 51534

Estimated Value: $51,467 - $276,000

4 Beds
2.5 Baths
1,710 Sq Ft
$73/Sq Ft Est. Value

Last Sold November 21, 2017

Last sale price $64,000 $37 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $708/month

15 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 2 Car Detached Garage
  • West Elementary School Rated A-
  • Formal Dining Room
  • Fireplace

About This Home

As of November 2017

THIS PROPERTY QUALIFIES FOR FREDDIE MACS FIRST LOOK PROGRAM THROUGH 10/17/2017. THIS MEANS THAT ONLY OWNER OCCUPANTS MAY SUBMIT OFFERS DURING THIS TIME. INVESTORS MAY SUBMIT OFFERS BEGINNING 10/18/2017. PLEASE SEE DOCUMENT SECTION FOR MORE INFORMATION. ALL OFFERS MUST BE SUBMITTED WITH PROOF OF FUNDS/FINANCING OR CAN NOT BE ACCEPTED. Seller will not complete any repairs to the subject property, either lender or buyer requested. The property is being sold in as is condition. This is a 4 bedroom, 2.5 bath home built in 1890. Original unpainted woodwork with pocket doors. All bedrooms are upstairs. It needs work, including a new roof.

Last Agent to Sell the Property

Patty Jenkins

Key Real Estate Listed on: 09/28/2017

Last Buyer's Agent

Patty Jenkins

Key Real Estate Listed on: 09/28/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890

Lot Details

  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,710 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Fireplace
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Partial Basement
  • Washer and Dryer Hookup

Kitchen

  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2.5 Bathrooms

Outdoor Features

  • Patio
  • Storage Shed
  • Porch

Schools

  • Glenwood Elementary And Middle School
  • Glenwood High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available
  • Gas Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Air Conditioner: Electric Central
  • Basement: Partial
  • Basement: Partial
  • Dining Facilities: Formal Dining
  • Fireplace: Main Floor, Yes, Other
  • Interior Amenities: Open Staircase, Wood Floors, Original Woodwork
  • Kitchen Features: Custom Cabinets, None, Dishwasher
  • Laundry: Dryer Hookup, Washer Hookup
  • Lower Tri Level: None
  • Main Level: Baths, Other, Kitchen, Living Room, Dining
  • Ramp Access: No
  • Second Level: Baths, Other Bedrooms, Primary Bedroom
  • Sq Ft 2nd Floor: 792.00
  • Sq Ft Main Floor: 918.00
  • Stories: 2.0
  • Total Basement Sq Ft: 1134.00
  • Total Finished Sq Ft: 1710.00
  • Total Above Ground Finished Sq Ft: 1710.00

Beds/Baths

  • Bathrooms Above Grade: 2.5
  • Bathrooms Below Grade: None
  • Above Grade Bedrooms: 4
  • Below Grade Bedrooms: None
  • Total Bathrooms: 2.50
  • Total Bedrooms: 4

Exterior Features

  • Exterior Amenities: Open Porch, Storage Shed, Patio
  • New Construction: N
  • Roof: Composition
  • Site Amenities: Brick Street, Flat Lot
  • Style: 2 Story

Garage/Parking

  • Garage: 2
  • Garage Features: No Features
  • Garage Type: Detached

Utilities

  • Heating: Gas Forced Air
  • Hot Water Heater: Gas
  • Services: City Sewer, Other, Gas, Electrical, City Water

Association/Amenities

  • Association Fee: N

Schools

  • School District: Glenwood
  • Elementary School: GLENWOOD
  • Middle School: Glenwood
  • High School: Glenwood
  • Elementary School: GLENWOOD
  • High School: Glenwood
  • Jr High: Glenwood
  • School District: Glenwood

Lot Info

  • Flood Insurance: Unknown
  • Lot Size: 69 x 168 (.27 acres)
  • Lot Size Range: Over 1/4 up to 1/2 Acre

Building Info

  • Construction: Frame
  • Year Built: 1890

Tax Info

  • Current REIDS Year Paid: N/A
  • Gross Taxes: 2936
  • Net Taxes: 2750
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2021
Sold by
Johnston James L and Johnston Mary E
Bought by
Schutte Shane R
Current Estimated Value
$125,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Outstanding Balance
$224,731
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
-$99,614

Purchase Details

Listed on
Sep 28, 2017
Closed on
Nov 17, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Johnston James L and Johnston Mary E
Seller's Agent
Patty Jenkins
Key Real Estate
Buyer's Agent
Patty Jenkins
Key Real Estate
List Price
$74,900
Sold Price
$64,000
Premium/Discount to List
-$10,900
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$57,500
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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
Schutte Shane R $255,000 None Listed On Document
Johnston James L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schhutte Shane R $242,250
Closed Schutte Shane R $242,250
Previous Owner Johnston James L $57,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2017 11/21/17 Sold $64,000 -14.6% $37 / Sq Ft
10/13/2017 10/13/17 Pending -- -- --
09/28/2017 09/28/17 For Sale $74,900 -- $44 / Sq Ft
Source: Southwest Iowa Association 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 $312 $35,547 $29,063 $6,484
2023 $3,716 $17,940 $17,940 $0
2022 $3,622 $175,878 $17,940 $157,938
2021 $3,304 $175,878 $17,940 $157,938
2020 $3,304 $151,580 $17,940 $133,640
2019 $3,010 $139,431 $0 $0
2018 $3,142 $139,431 $0 $0
2017 $2,750 $134,015 $0 $0
2016 $2,492 $134,015 $0 $0
2015 $2,494 $134,015 $0 $0
2014 $2,482 $134,015 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Iowa Association of Realtors®

MLS Number: 17-1980

Southwest Iowa Association of Realtors®

APN: 059080000000000