NOT LISTED FOR SALE

371 Forest St Magnolia, IA 51550

Estimated Value: $54,000 - $138,000

1 Bed
1 Bath
792 Sq Ft
$121/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $22,150 $28 Per Sq Ft

Est. 333% increase in value since last sale

Current estimated payment $566/month

17 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Formal Dining Room
  • Eat-In Kitchen
  • No HOA
  • 2 Car Detached Garage
  • Living Room

About This Home

As of July 2016

Solid one bedroom home with very nice 2 car garage.

Last Agent to Sell the Property

Mike Fox

Heartland Properties Listed on: 02/06/2016

Last Buyer's Agent

Mike Fox

Heartland Properties Listed on: 02/06/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $202

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 60 x 140
  • Level Lot

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 792 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Storage Shed

Schools

  • Logan-Magnolia Elementary And Middle School
  • Logan-Magnolia High School

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Gas Available
  • Gas Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$202

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Air Conditioner: Window
  • Basement: Crawl
  • Basement: Crawl
  • Dining Facilities: Eat In Kitchen, Formal Dining
  • Fireplace: No
  • Interior Amenities: Other
  • Kitchen Features: Electric Range, Refrigerator
  • Laundry: Dryer Hookup, Washer Hookup, Main Floor
  • Lower Tri Level: None
  • Main Level: Baths, Kitchen, Primary Bedroom, Living Room, Dining
  • Ramp Access: No
  • Second Level: None
  • Sq Ft Main Floor: 792.00
  • Stories: 1.0
  • Total Finished Sq Ft: 792.00
  • Total Above Ground Finished Sq Ft: 792.00

Beds/Baths

  • Bathrooms Above Grade: 1
  • Bathrooms Below Grade: None
  • Above Grade Bedrooms: 1
  • Below Grade Bedrooms: None
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1

Exterior Features

  • Exterior Amenities: Storage Shed
  • New Construction: N
  • Roof: Composition
  • Site Amenities: Blacktop Road, Off Street Parking, Flat Lot
  • Style: Ranch

Garage/Parking

  • Garage: 2
  • Garage Features: Electric, Garage Door Opener
  • Garage Type: Detached

Utilities

  • Heating: Space Heater
  • Hot Water Heater: Gas
  • Services: City Water, Gas, Electrical

Association/Amenities

  • Association Fee: N

Schools

  • School District: Logan Magnolia
  • Elementary School: Logan-Magnolia
  • Middle School: Logan-Magnolia
  • High School: Logan-Magnolia
  • Elementary School: Logan-Magnolia
  • High School: Logan-Magnolia
  • Jr High: Logan-Magnolia
  • School District: Logan Magnolia

Lot Info

  • Flood Insurance: Not Required
  • Lot Size: 60 x 140
  • Lot Size Range: Under 1/4 Acre

Building Info

  • Construction: Frame
  • Year Built: 1900

Tax Info

  • Current REIDS Year Paid: N/A
  • Gross Taxes: 366
  • Net Taxes: 202

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2023
Sold by
Assman Daniel and Assman Leslie
Bought by
Pangelina Clete
Total Days on Market
17
Current Estimated Value
$96,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,241,293
Outstanding Balance
$1,221,635
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
-$1,128,635

Purchase Details

Closed on
Oct 19, 2023
Sold by
Waite-Harris Bonnie J and Book Joseph & Carolyn K
Bought by
Rife Burton Dean and Rife Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,241,293
Outstanding Balance
$1,221,635
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
-$1,128,635

Purchase Details

Closed on
Oct 17, 2023
Sold by
Barnard Robert A and Barnard Joanna L
Bought by
Barnard Deborah Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,241,293
Outstanding Balance
$1,221,635
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
-$1,128,635

Purchase Details

Closed on
Oct 10, 2023
Sold by
Spencer Ralph E and Spencer Ruth E
Bought by
Downs Joshua J and Marcum Patricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,241,293
Outstanding Balance
$1,221,635
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
-$1,128,635

Purchase Details

Closed on
Sep 28, 2023
Sold by
Franklin A Logan Ii And Vicki J Logan Tr
Bought by
Hericks Dan and Hericks Krista

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,241,293
Outstanding Balance
$1,221,635
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
-$1,128,635

Purchase Details

Closed on
Aug 23, 2023
Sold by
Mowery Timothy J and Mowery Danielle J
Bought by
Mowery Timothy J and Mowery Danielle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2023
Sold by
Cleveland Nicholas C and Cleveland Lana J
Bought by
Nicholas C Cleveland Irrevocable Living Trust and Cleveland

Purchase Details

Closed on
Oct 12, 2022
Sold by
Parks Jeff
Bought by
Brokeneck Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,800
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2022
Sold by
Barnum Megan
Bought by
Parks Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,800
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 6, 2016
Closed on
Jun 28, 2016
Sold by
Walters Nina
Bought by
Barnum Megan
Seller's Agent
Mike Fox
Heartland Properties
Buyer's Agent
Mike Fox
Heartland Properties
List Price
$25,000
Sold Price
$22,150
Premium/Discount to List
-$2,850
-11.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.94%
Original Mortgage
$23,508
Interest Rate
3.6%
Mortgage Type
Closed End Mortgage
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
Pangelina Clete $375,000 None Listed On Document
Coenen Tara $175,000 None Listed On Document
Rife Burton Dean $189,000 None Listed On Document
Dick Jesse $175,000 None Listed On Document
Barnard Deborah Ann -- None Listed On Document
Downs Joshua J $45,000 Blair Abstract Title
Hericks Dan $5,000 None Listed On Document
Mowery Timothy J -- None Listed On Document
Nicholas C Cleveland Irrevocable Living Trust -- None Listed On Document
Brokeneck Construction Llc -- --
Parks Jeff $31,000 --
Barnum Megan $22,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanner Robert Joseph $1,241,293
Closed Wallis Dustin John $451,250
Closed 1St 3 Llc $129,100
Closed 522 W Huron Property Llc $200,000
Previous Owner Broke Neck Construction Llc $103,500
Previous Owner Brokeneck Construction Llc $56,800
Previous Owner Barnum Megan $23,508
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2016 07/08/16 Sold $22,150 -11.4% $28 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
02/06/2016 02/06/16 For Sale $25,000 -- $32 / 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 $562 $33,190 $3,880 $29,310
2023 $678 $33,190 $3,880 $29,310
2022 $458 $24,822 $3,876 $20,946
2021 $648 $24,822 $3,876 $20,946
2020 $400 $22,545 $3,876 $18,669
2019 $418 $22,545 $3,876 $18,669
2018 $410 $22,341 $0 $0
2017 $410 $21,544 $0 $0
2016 $246 $21,544 $0 $0
2015 $246 $19,409 $0 $0
2014 $202 $19,409 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Iowa Association of Realtors®

MLS Number: 16-198

Southwest Iowa Association of Realtors®

APN: 480002282100000