NOT LISTED FOR SALE

402 S 5th St Farmington, IA 52626

Estimated Value: $104,000 - $145,000

3 Beds
1 Bath
1,436 Sq Ft
$83/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $93,000 $65 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $744/month

237 Days on Market

Highlights

  • Multiple Garages
  • No HOA
  • Concrete Block With Brick
  • 1 Fireplace
  • 3 Car Attached Garage
  • Living Room

About This Home

As of May 2022

You will love the beauty and charm this historic home offers. It is positioned on a corner lot only 1 block north of Highway 2. The city park is 2 blocks south of the property and the scenic Des Moines River just 3 blocks south. Gorgeous stained glass windows grace the dining room, living room and master bedroom windows as well as the stairwell windows. The original vintage wrought iron fence surrounds the home on the 2 street sides. This home is located in the historic villages of Van Buren County. The property is being sold as is.

Last Agent to Sell the Property

Callie Myers-Creelman

Century 21/Property Profession Listed on: 06/20/2021

Century 21/Property Profession

Last Buyer's Agent

Laura Story

Fraise Auction & Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,350

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Partially Fenced Property

Home Design

  • Concrete Block With Brick
  • Metal Siding

Interior Spaces

  • 1,436 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Multiple Garages

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,350

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: LOT 5 & N 16' L 6 BLOCK 23
  • Municipality: Farmington
  • Section Number: 2
  • Year Built: 1900
  • Home Warranty: No
  • OFFICELIST_ADDRESS: 402 S 5th Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2021-06-21
  • List Office I D: 838
  • Sales Office I D: 552
  • Selling Agent: 2201
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Street
  • Building Style: 2 Story
  • Bedroom 1 Level: Upper
  • Family Room Characteristics: Main Level
  • Special Features: 20
  • Stories: 2

Interior Features

  • Common Walls: No
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Electric Water Heater
  • Flooring: Carpet, Linoleum
  • Fireplaces: 1
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: No
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Basement: Concrete Block
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Price Per S Q F T: 64.76
  • Above Grade Finished Sq Ft: 1436
  • Fireplace Chars: Living Room
  • Fireplace: Yes
  • Room Types: Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Bedroom 1, Bedroom 4, Kitchen, Living Room, Bedroom 2, Bedroom 3
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: Upper
  • Dining Room Level: Main
  • Family Room Level: Main
  • Living Room Level: Main

Exterior Features

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Metal
  • Fencing: Partial

Garage/Parking

  • Description: Attached Garage, Driveway - Concrete, Multiple Garages
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 3
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Association/Amenities

  • Complex/Development/Subdivision: Farmington

Condo/Co-op/Association

  • Association Fee YN: No

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Unknown
  • School District Number: 999
  • School District Phone: 999-999-9999

Lot Info

  • New Develop: No
  • Acres: 0.25
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Description: Corner Lot, Tree Coverage - Light
  • Lot Dimensions: 1 1/2 city block
  • Lot Size Sq Ft: 10846
  • Lot Size Units: Acres

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Tax Info

  • Tax With Assessments: 1350
  • Tax Year: 2020
  • Gross Taxes: 1350

MLS Schools

  • School District: 999 - Unknown
  • School District Name: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2021
Closed on
Apr 27, 2022
Sold by
Martin Lunsford James
Bought by
Richmond Bowen O and Richmond Summer L
Seller's Agent
Callie Myers-Creelman
Century 21/Property Profession
Buyer's Agent
Laura Story
Fraise Auction & Real Estate
List Price
$117,000
Sold Price
$93,000
Premium/Discount to List
-$24,000
-20.51%
Current Estimated Value
$118,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,493
Avg. Annual Appreciation
4.99%
Original Mortgage
$88,350
Outstanding Balance
$83,610
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$26,018

Purchase Details

Closed on
Jan 26, 2018
Sold by
Fett Toni C
Bought by
Lunsford James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.99%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Richmond Bowen O $93,000 None Listed On Document
Lunsford James M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richmond Bowen O $88,350
Previous Owner Lunsford James M $50,000
Previous Owner Lunsford James M $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $93,000 -17.7% $65 / Sq Ft
02/12/2022 02/12/22 Pending -- -- --
10/06/2021 10/06/21 Price Changed $113,000 -3.4% $79 / Sq Ft
06/20/2021 06/20/21 For Sale $117,000 -- $81 / Sq Ft
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
2024 $1,360 $98,070 $9,020 $89,050
2023 $1,334 $98,070 $9,020 $89,050
2022 $1,464 $83,160 $5,580 $77,580
2021 $1,422 $83,160 $5,580 $77,580
2020 $1,422 $76,690 $5,490 $71,200
2019 $1,246 $72,940 $5,490 $67,450
2018 $1,364 $64,790 $4,510 $60,280
2017 $1,492 $64,790 $4,510 $60,280
2016 $1,436 $58,120 $0 $0
2015 $1,058 $55,040 $0 $0
2014 $1,058 $55,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6012296

NoCoast MLS

APN: 721602231130