Seller's Agent in 2025
Michael Kelly
Kelly Real Estate Inc
(563) 380-2266
49 Total Sales
401 Mechanic St Fayette, IA 52142
4
Beds
2
Baths
1,812
Sq Ft
0.4
Acres
Highlights
- Corner Lot
- 2 Car Detached Garage
- Ceiling Fan
- Covered Patio or Porch
- Forced Air Heating and Cooling System
- Wood Siding
About This Home
As of August 2025This 4-bedroom, 2-bathroom home is currently generating excellent rental income, making it an ideal investment opportunity. Located on a spacious corner lot in the charming town of Fayette, this property also features a double detached garage and a new water heater. With the advantage of small-town living and low property taxes, this home offers the potential to become a cozy family residence as well. The flexible layout allows for easy customization, and its central location makes it a convenient choice for any lifestyle. Please note, showings require a 24-hour notice. Don’t miss your chance to make this fantastic property your own!
Last Agent to Sell the Property
Kelly Real Estate Inc License #B25830 Listed on: 03/13/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,589
Year Built
- Built in 1900
Lot Details
- 0.4 Acre Lot
- Lot Dimensions are 145 x 120
- Corner Lot
Parking
- 2 Car Detached Garage
Home Design
- Shingle Roof
- Asphalt Roof
- Wood Siding
Interior Spaces
- 1,812 Sq Ft Home
- Ceiling Fan
- Fire and Smoke Detector
- Dryer
Kitchen
- Free-Standing Range
- Microwave
Bedrooms and Bathrooms
- 4 Bedrooms
Basement
- Stone Basement
- Sump Pump
Schools
- N Fayette Valley Elementary School
- North Fayette Valley Middle School
- North Fayette Valley High School
Additional Features
- Covered Patio or Porch
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 1128165001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2025
Closed on
Aug 7, 2025
Sold by
Baumler Rentals Llc
Bought by
Meyer Brock and Meyer Jessie
Seller's Agent
Michael Kelly
Kelly Real Estate Inc
Buyer's Agent
Zachary Wulfekuhle
Century 21 Signature Real Estate - Oelwein
List Price
$89,000
Sold Price
$79,000
Premium/Discount to List
-$10,000
-11.24%
Views
1
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1435.09%
Original Mortgage
$59,250
Outstanding Balance
$58,417
Interest Rate
6.75%
Mortgage Type
Credit Line Revolving
Estimated Equity
$60,583
Purchase Details
Listed on
Jul 15, 2019
Closed on
Jan 31, 2020
Sold by
Fa Properties Llc
Bought by
Baumler Rentals Llc
Seller's Agent
Jeff Bradley
Volga River Realty
List Price
$75,000
Sold Price
$75,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.94%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $79,000 | None Listed On Document | |
| Deed | $200,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $59,250 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/15/2025 08/15/25 | Sold | $79,000 | -11.2% | $44 / Sq Ft | |
| 07/07/2025 07/07/25 | Pending | -- | -- | -- | |
| 03/13/2025 03/13/25 | For Sale | $89,000 | +18.7% | $49 / Sq Ft | |
| 01/31/2020 01/31/20 | Sold | $75,000 | 0.0% | $44 / Sq Ft | View Prior Sale |
| 01/19/2020 01/19/20 | Pending | -- | -- | -- | |
| 07/15/2019 07/15/19 | For Sale | $75,000 | -- | $44 / Sq Ft |
Source: Northeast Iowa Regional Board 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 | $1,604 | $104,600 | $16,880 | $87,720 |
| 2024 | $1,604 | $92,070 | $16,880 | $75,190 |
| 2023 | $1,588 | $92,070 | $16,880 | $75,190 |
| 2022 | $1,342 | $73,270 | $14,070 | $59,200 |
| 2021 | $1,342 | $73,270 | $14,070 | $59,200 |
| 2020 | $1,604 | $84,890 | $16,880 | $68,010 |
| 2019 | $1,596 | $86,350 | $0 | $0 |
| 2018 | $1,606 | $86,350 | $0 | $0 |
| 2017 | $1,428 | $68,060 | $0 | $0 |
| 2016 | $1,370 | $68,060 | $0 | $0 |
| 2015 | $1,370 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Kelly
-
Zachary Wulfekuhle
Buyer's Agent in 2025
Zachary Wulfekuhle
Century 21 Signature Real Estate - Oelwein
(563) 518-1019
48 Total Sales
-
Jeff Bradley
Seller's Agent in 2020
Jeff Bradley
Volga River Realty
(563) 419-7900
76 Total Sales
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20253964
APN: 11-28-165-001
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