NOT LISTED FOR SALE

401 E Spruce St Marcus, IA 51035

Estimated Value: $79,000 - $165,000

4 Beds
3 Baths
1,872 Sq Ft
$64/Sq Ft Est. Value

Last Sold June 23, 2016

Last sale price $41,000 $22 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $731/month

52 Days on Market

About This Home

As of June 2016

Excellent rental home or nice starter home. Laundry on main.

Last Agent to Sell the Property

Carl Nelson

Northwest Realty Inc License #S37342 Listed on: 03/21/2016

Last Buyer's Agent

Carl Nelson

Northwest Realty Inc License #S37342 Listed on: 03/21/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $642

Year Built

  • Built in 1845

Lot Details

  • 7,081

Home Design

  • 1,872 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • 7,081 Sq Ft Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$642

Year Built

Built in 1845

Lot Details

0

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Year Built: 1845
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Sq Ft Above Grade: 1872
  • Price Per Sq Ft: 21.9
  • Price Per Sq Ft: 21.9

Garage/Parking

  • Internet: Yes

Utilities

  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Type: City

Lot Info

  • Acres: 0.16
  • Lot Sq Ft: 7081.00
  • Zoning: Residentia

Tax Info

  • Gross Taxes: 642
  • N W I A Tax I D: 090013348500100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2016
Closed on
Jun 20, 2016
Sold by
Ely Lori J and Ely Lester M
Bought by
Reuter Gary
Seller's Agent
Carl Nelson
Northwest Realty Inc
Buyer's Agent
Carl Nelson
Northwest Realty Inc
List Price
$49,900
Sold Price
$41,000
Premium/Discount to List
-$8,900
-17.84%
Current Estimated Value
$120,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,148
Avg. Annual Appreciation
13.03%

Purchase Details

Closed on
Nov 14, 2007
Sold by
Leavitt Belinda and Leavitt James W
Bought by
Steffes Timothy and Steffes Ronita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.45%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Reuter Gary $41,000 None Available
Steffes Timothy $4,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steffes Timothy $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2016 06/23/16 Sold $41,000 -17.8% $22 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $49,900 -- $27 / Sq Ft
Source: Northwest Iowa Regional 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
2024 $806 $60,120 $9,540 $50,580
2023 $806 $58,540 $9,540 $49,000
2022 $754 $45,560 $9,540 $36,020
2021 $754 $45,560 $9,540 $36,020
2020 $732 $45,560 $9,540 $36,020
2019 $748 $45,560 $0 $0
2018 $674 $41,048 $0 $0
2017 $686 $41,048 $0 $0
2016 $706 $41,048 $0 $0
2015 $642 $35,084 $0 $0
2014 $644 $35,084 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 44018249

Northwest Iowa Regional Board of REALTORS®

APN: 1-33-485-001