NOT LISTED FOR SALE

402 S 12th St Clear Lake, IA 50428

Estimated Value: $251,000

3.5 Acres
$71,714 Price per Acre
152,460 Sq Ft Lot

Last Sold April 21, 2020

Last sale price $265,000

Est. 5% decrease in value since last sale

Current estimated payment $1,587/month

355 Days on Market

About This Lot

As of April 2020

Endless possibilities with excellent exposure! Turn this lot into your new business opportunity, in town acreage, home, or development project!

Last Agent to Sell the Property

Britney Weigel

Lake-Iowa Realty Listed on: 02/13/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $878

Lot Details

  • 3.5 Acre Lot
  • Property is zoned Residential-Single Family,Business/Commercial

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$878

Lot Details

0

Listing Details

  • Copyright Remarks: Yes
  • Legal Description: L 1 SUB NE SW EXC BEG PT 33' E S SW COR E 132' N 180' W 132' S 180' TO POB & EXC STR 18-96-21
  • Municipality: Clear Lake
  • Builder Restrictions: Open
  • OFFICELIST_ADDRESS: 402 S 12th Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2019-02-13
  • List Office I D: 1003
  • M L Number Foreign: NCIR62019392
  • Sales Office I D: 1
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Street
  • Building Style: Lots & Land
  • Sellling Agent: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per S Q F T: 75714.29

Exterior Features

  • Waterfront Present: No
  • Road Frontage: City Street, Other

Utilities

  • Available Utilities: None Available, None Connected

Condo/Co-op/Association

  • Association Fee YN: No

Association/Amenities

  • Is Development: No

Fee Information

  • Tax Class: LOTS & LAND

Schools

  • School District: Clear Lake
  • School District Phone: 641-357-2181

Lot Info

  • Acres: 3.5
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Size Sq Ft: 152460
  • Lot Size Units: Acres
  • Improvements: None
  • Land Dimensions: 1x1x1x1
  • Left Dim: 1
  • Plat Recorded: No
  • Right Dim: 1
  • Map Letter: A1

Green Features

  • Green Cert: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Tax Info

  • Tax With Assessments: 442.56
  • Tax Year: 2018
  • Gross Taxes: 878

MLS Schools

  • School District: 1233 - Clear Lake
  • School District Name: Clear Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2019
Closed on
Apr 2, 2020
Sold by
Otto Adam J and Otto Jessica S
Bought by
Az Properties Llc
Seller's Agent
Britney Weigel
Lake-Iowa Realty
List Price
$289,000
Sold Price
$265,000
Premium/Discount to List
-$24,000
-8.3%
Current Estimated Value
$251,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,000
Original Mortgage
$212,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Listed on
May 9, 2018
Closed on
Jun 26, 2018
Sold by
First Church Of Open Bibl
Bought by
Otto Adam J and Otto Jessica S
Seller's Agent
Dodie Wilkins
Century 21 Preferred
List Price
$199,770
Sold Price
$172,500
Premium/Discount to List
-$27,270
-13.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.77%
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
Az Properties Llc $265,000 None Available
Otto Adam J $172,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Az Properties Llc $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2020 04/21/20 Sold $265,000 -8.3% --
02/03/2020 02/03/20 Pending -- -- --
02/13/2019 02/13/19 For Sale $289,000 +67.5% --
06/29/2018 06/29/18 Sold $172,500 -13.7% -- View Prior Sale
05/17/2018 05/17/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $199,770 -- --
Source: NoCoast MLS

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
2021 $866 $226,060 $62,500 $163,560
2020 $866 $55,000 $55,000 $0
2019 $852 $0 $0 $0
2018 $878 $0 $0 $0
2017 $442 $0 $0 $0
2016 $456 $0 $0 $0
2015 $448 $0 $0 $0
2014 $476 $0 $0 $0
2013 $474 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5466832

NoCoast MLS

APN: 06-18-326-00-100