NOT LISTED FOR SALE

401 W Cherry St Cherokee, IA 51012

Estimated Value: $66,713 - $166,000

2 Beds
2 Baths
1,156 Sq Ft
$94/Sq Ft Est. Value

Last Sold November 01, 2018

Last sale price $35,000 $30 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $663/month

349 Days on Market

Highlights

  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Forced Air Heating System
  • Porch

About This Home

As of November 2018

A great flexible investment opportunity awaits you with this affordable duplex. Each unit features one bedroom and one bath. You may rent both, live in one and rent the other, or you may turn back into a single unit dwelling.

Last Agent to Sell the Property

Cindy Wilberding

EXIT Realty Midwest - Cherokee License #S57972 Listed on: 10/24/2017

EXIT Realty Midwest - Cherokee

Last Buyer's Agent

Rochelle Lundy

Coldwell Banker Associated Brokers

Coldwell Banker Associated Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $427

Year Built

  • Built in 1900

Lot Details

  • 6,900

Parking

  • 1 Car Detached Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 1,156 Sq Ft Home
  • 1.5-Story Property
  • Block Basement Construction
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • Cherokee Elementary And Middle School
  • Cherokee High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Internet Available

Additional Features

  • Porch
  • 6,900 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 980727453009

Home Details

Home Type

Single Family

Est. Annual Taxes

$427

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: 1 1/2 Story
  • Legal Description: LOT 2 BLK 2 NEW CHEROKEE ADD
  • Year Built: 1900
  • School Middle Junior: Cherokee
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Basement: Block
  • Total Sq Ft: 1156
  • Main Level Sq Ft: 680
  • Sq Ft Above Grade: 1156
  • Sq Ft Below Grade Total: 340
  • Price Per Sq Ft: 30.28
  • Price Per Sq Ft: 30.28

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Type: Detached
  • Internet: Yes
  • Garage Spaces: 1

Utilities

  • Air Conditioning Type: Window
  • Flood Insurance: Not Required
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Type: City

Association/Amenities

  • Amenities: Eat-In Kitchen, Porch

Schools

  • Elementary School: Cherokee
  • Middle School: Cherokee
  • High School: Cherokee

Lot Info

  • Acres: 0.16
  • Lot Sq Ft: 6900.00
  • Parcel Number: 980727453009
  • Zoning: Residentia

Tax Info

  • Year: 219
  • Gross Taxes: 427
  • N W I A Tax I D: 980727453009

Multi Family

  • Rental Income: 325

MLS Schools

  • School Elementary: Cherokee
  • School High: Cherokee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2017
Closed on
Oct 31, 2018
Sold by
Dugan Daniel R and Dugan Sharon Kay
Bought by
Golden Prospects Llc
Seller's Agent
Cindy Wilberding
EXIT Realty Midwest - Cherokee
Buyer's Agent
Rochelle Lundy
Coldwell Banker Associated Brokers
List Price
$35,000
Sold Price
$35,000
Current Estimated Value
$109,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,178
Avg. Annual Appreciation
18.24%
Original Mortgage
$28,000
Interest Rate
4.6%
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
Golden Prospects Llc $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golden Properties Llc $100,185
Closed Golden Prospects Llc $28,000
Previous Owner Dugan Daniel R $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2018 11/01/18 Sold $35,000 0.0% $30 / Sq Ft
10/08/2018 10/08/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $35,000 0.0% $30 / Sq Ft
05/09/2018 05/09/18 Off Market $35,000 -- --
10/24/2017 10/24/17 For Sale $37,000 -- $32 / 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 $818 $48,560 $7,500 $41,060
2023 $670 $48,560 $7,500 $41,060
2022 $648 $35,200 $6,250 $28,950
2021 $648 $35,200 $6,250 $28,950
2020 $1,013 $35,200 $6,250 $28,950
2019 $861 $25,690 $0 $0
2018 $773 $21,925 $0 $0
2017 $781 $21,925 $0 $0
2016 $424 $21,925 $0 $0
2015 $372 $18,739 $0 $0
2014 $386 $18,739 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 44019519

Northwest Iowa Regional Board of REALTORS®

APN: 7-27-453-009