Seller's Agent in 2024
Tracey Molina
Lepic-Kroeger, REALTORS
(319) 631-0843
47 Total Sales
400 5th St Wellman, IA 52356
Estimated Value: $242,000 - $258,000
4
Beds
2
Baths
2,388
Sq Ft
$105/Sq Ft
Est. Value
Highlights
- Corner Lot
- Laundry Room
- 1-Story Property
- Patio
- Shed
- Property is near shops
About This Home
As of June 2024Lovingly cared for 4 bed/2 bath ranch situated on an almost 1/2 acre double lot is ready for a new owner to make it their own. Bay window brings a lot of natural light into the living room featuring a gas fire place with brick and wood surround. The light-filled 4 season room addition is very versatile with gas stove and access to the back patio and yard. Heated attached 2 car garage plus a garden shed. 2 sets of washers and dryers (full set in basement and stackable in main floor bath) are included. New dishwasher. Home has been mitigated for radon and has a sump pump with battery backup. All windows on main level recently replaced. The lower level has (2) large storage rooms. Backyard is the perfect place to see the Wellman fireworks show on the 4th of July! Sale includes 2 parcels (#01-24-204-007 that home sits on and adjacent lot #01-24-204-006 to left of home where shed exists).
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,416
Year Built
- Built in 1971
Lot Details
- 0.45 Acre Lot
- Lot Dimensions are 150x130
- Corner Lot
- Level Lot
Parking
- 2 Parking Spaces
Home Design
- Poured Concrete
- Frame Construction
Interior Spaces
- 1-Story Property
- Gas Log Fireplace
- Family Room Downstairs
- Living Room with Fireplace
- Combination Dining and Living Room
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Laundry in Basement
Outdoor Features
- Patio
- Shed
Location
- Property is near shops
Schools
- Mid Prairie Elementary And Middle School
- Mid Prairie High School
Utilities
- Forced Air Heating and Cooling System
- Internet Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 01-24-204-007 & 01-24-204-006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2024
Closed on
Jun 28, 2024
Sold by
Yoder J Carl J and Yoder Laverta J
Bought by
Reineke Michael F and Reineke Melissa A
Seller's Agent
Tracey Molina
Lepic-Kroeger, REALTORS
Buyer's Agent
Connie Larsen
RE/MAX Affiliates
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,853
Avg. Annual Appreciation
1.82%
Original Mortgage
$196,000
Outstanding Balance
$193,499
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$57,354
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 |
|---|---|---|---|
| Reineke Michael F | $245,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reineke Michael F | $196,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/28/2024 06/28/24 | Sold | $245,000 | -3.9% | $103 / Sq Ft |
| 05/31/2024 05/31/24 | Pending | -- | -- | -- |
| 04/19/2024 04/19/24 | Price Changed | $255,000 | -3.8% | $107 / Sq Ft |
| 04/08/2024 04/08/24 | For Sale | $265,000 | -- | $111 / Sq Ft |
Source: Iowa City Area 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 |
|---|---|---|---|---|
| 2025 | $3,416 | $242,400 | $22,500 | $219,900 |
| 2024 | $3,416 | $204,300 | $22,500 | $181,800 |
| 2023 | $3,214 | $204,300 | $22,500 | $181,800 |
| 2022 | $3,158 | $173,200 | $22,500 | $150,700 |
| 2021 | $3,158 | $173,200 | $22,500 | $150,700 |
| 2020 | $2,976 | $158,300 | $22,500 | $135,800 |
| 2019 | $2,946 | $158,300 | $22,500 | $135,800 |
| 2018 | $2,616 | $150,800 | $22,500 | $128,300 |
| 2017 | $2,616 | $139,900 | $25,000 | $114,900 |
| 2016 | $2,370 | $129,600 | $0 | $0 |
| 2015 | $2,370 | $130,900 | $0 | $0 |
| 2014 | $2,410 | $130,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tracey Molina
-
Connie Larsen
Buyer's Agent in 2024
Connie Larsen
RE/MAX Affiliates
(319) 653-1585
261 Total Sales
Map
Source: Iowa City Area Association of REALTORS®
MLS Number: 202401954
APN: 01-24-204-007
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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information is deemed reliable, but not guaranteed accurate by the MLS.
Nearby Homes
- 11.89 Acres M/L Iowa 22
- 1035 Circle Dr
- 1015 8th Ave
- 1114 7th Ave
- 516, 514 & 512 E Garden Way
- 520 14th St
- 1817 6th Ave N
- 1961 140th St
- 70.44 Acres Cedar Ave
- 117th Court (Lot 10)
- 2085 117th Ct
- 2089 117th Ct
- 117th Court (Lot 13)
- 1232 540th St SW
- 20 Acres M L Birch Ave
- 2986 333rd St
- 6 Acres M/L Parcel Q 1st St
- Lot 30 Troyers Meadow
- 308 B Ave
- 310 Vista Ridge