NOT LISTED FOR SALE

401 2nd St Gilbert, IA 50105

Estimated Value: $119,000 - $232,000

2 Beds
1 Bath
969 Sq Ft
$164/Sq Ft Est. Value

Last Sold March 02, 2012

Last sale price $40,000 $41 Per Sq Ft

Est. 297% increase in value since last sale

Current estimated payment $980/month

75 Days on Market

Highlights

  • 2 Car Detached Garage
  • Window Unit Cooling System
  • 1-Story Property
  • Gilbert Elementary School Rated A
  • Patio
  • Forced Air Heating System

About This Home

As of March 2012

Selling ''as is''. Finished attic. large garage/shop.

Last Agent to Sell the Property

Gina Wheeler

Friedrich Iowa Realty Listed on: 10/06/2011

Last Buyer's Agent

Linda Fisher

RE/MAX Real Estate Center License #B18801000

RE/MAX Real Estate Center

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1944

Lot Details

  • 0.46

Parking

  • 2 Car Detached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 969 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 20007
  • Above Grade Finished Sq Ft: 969.0
  • Architectural Style: 1 Story
  • Garage Yn: Yes
  • Year Built: 1944
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Vinyl2: Yes
  • Foundation:Slab: Yes
  • Cooling:Window Unit(s): Yes
  • Special Features: 1028

Interior Features

  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Vinyl, Carpet
  • Basement:None3: Yes

Exterior Features

  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Features:Patio3: Yes

Garage/Parking

  • General Information:Garage Type2: Detached
  • General Information:Garage Capacity: 2 Car

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: Gilbert

Lot Info

  • Zoning: R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2011
Closed on
Feb 14, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Schnormeier Shawn
Seller's Agent
Gina Wheeler
Friedrich Iowa Realty
Buyer's Agent
Linda Fisher
RE/MAX Real Estate Center
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%
Current Estimated Value
$158,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,687
Avg. Annual Appreciation
10.47%

Purchase Details

Listed on
Oct 6, 2011
Closed on
Jan 5, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Schnormeier Shawn
Seller's Agent
Gina Wheeler
Friedrich Iowa Realty
Buyer's Agent
Linda Fisher
RE/MAX Real Estate Center
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%
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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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
Schnormeier Shawn -- None Available
Schnormeier Shawn $40,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2012 03/02/12 Sold $40,000 -20.0% $41 / Sq Ft
12/21/2011 12/21/11 Pending -- -- --
10/06/2011 10/06/11 For Sale $50,000 -- $52 / Sq Ft
Source: Central Iowa Board 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
2025 $1,806 $111,300 $67,400 $43,900
2024 $1,734 $102,600 $60,100 $42,500
2023 $1,630 $102,600 $60,100 $42,500
2022 $1,610 $83,200 $50,600 $32,600
2021 $1,564 $83,200 $50,600 $32,600
2020 $1,479 $74,700 $42,100 $32,600
2019 $1,474 $74,700 $42,100 $32,600
2018 $1,404 $68,700 $39,300 $29,400
2017 $1,404 $68,700 $39,300 $29,400
2016 $1,428 $67,700 $39,300 $28,400
2015 $1,428 $67,700 $39,300 $28,400
2014 $1,392 $67,500 $39,300 $28,200
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    Gina Wheeler

    Friedrich Iowa Realty

  • Linda Fisher

    Buyer's Agent in 2012

    Linda Fisher

    RE/MAX

    (515) 233-7200

    16 Total Sales

    Linda Fisher
    Section Image
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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 34124

APN: 05-04-375-250

Iowa Story County Gilbert 50105

401 2nd St, Gilbert, IA

Not Listed for Sale

Detached

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