$60,000
SOLD JAN 7, 2025

402 S Main St Centerville, IA 52544

3 Beds
1 Bath
1,096 Sq Ft
3,790 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

20% Below List Price

74 Days on Market

Highlights

  • Wood Flooring
  • The kitchen features windows
  • Living Room
  • Main Floor Bedroom
  • Porch
  • 4-minute walk to Morgan E. Cline Park

About This Home

As of January 2025

Charming Single-Family Home – Ideal for First-Time Buyers or Investors... Welcome to this inviting 1 story bungalow, perfect for those seeking their first residence or looking for a promising investment opportunity. This well-maintained property features three comfortable bedrooms and a full bath, providing ample space for relaxation and everyday living. The kitchen offers both functionality and potential for customization. Adjacent to the kitchen is a cozy dining room, ideal for family meals and gatherings. The layout of this home ensures a practical flow and ease of living. This property combines convenience with charm. Whether you’re embarking on homeownership for the first time or seeking a solid investment with strong rental potential, this home is a must-see. Don’t miss out on the chance to make this property your own or add it to your investment portfolio. Schedule a viewing today and envision the possibilities!

Last Agent to Sell the Property

Andrea Tilley

Hometown Realty Listed on: 09/03/2024

Last Buyer's Agent

Jennifer Elliott

Iowa Realty South Lakes

Iowa Realty South Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,216

Year Built

  • Built in 1922

Lot Details

  • 3,790 Sq Ft Lot

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding

Interior Spaces

  • 1,096 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,216

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Legal Description: LANES 3RD LOT 1 BLK 1 EXC BEG NW COR SAID LOT 1 E 97' S TO S LINE SAID LOT 1
  • Year Built: 1922
  • OFFICELIST_ADDRESS: 402 S Main Street
  • Distribute To Internet: Yes
  • InternetOptions: Cable, DSL, Fiber Optic, Satellite
  • List Office I D: 589
  • Sales Office I D: 710
  • Selling Agent: 5600
  • Street Designation: Street
  • Building Style: Bungalow
  • Bedroom 1 Level: Main
  • Family Room Characteristics: Main Level
  • Special Features: None

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Living Area Units: Square Feet
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Basement: Full, Unfinished
  • Dining Room: Dining Room
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Main Floor Sq Ft: 1096
  • Price Per S Q F T: 54.74
  • Above Grade Finished Sq Ft: 1096
  • Total Finished Sq Ft: 1096
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Level: Main
  • Living Room Level: Main

Exterior Features

  • Exterior: Shakes, Wood
  • Road Frontage: City Street, Paved Streets
  • Roof: Asphalt Shingles
  • Outbuildings: Storage Shed
  • Construction Type: Frame

Garage/Parking

  • Description: Driveway - Gravel
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected
  • Electric: 100 Amp Service, Circuit Breakers
  • Gas Budget: 42

Condo/Co-op/Association

  • Amenities: Porch, Kitchen Window, Ceiling Fan(s), Hardwood Floors

Association/Amenities

  • Complex/Development/Subdivision: LANES 3RD

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.087
  • Geo Update Timestamp: 2024-09-04
  • Total Assessed Value: 54740
  • Assessment Pending: Unknown
  • Homestead Description: None
  • Lot Dimensions: 52' x 73"
  • Lot Size Sq Ft: 3790
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2023
  • Gross Taxes: 1216
  • Net Taxes: 1216

MLS Schools

  • School District: 1071 - Centerville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Jan 7, 2025
Sold by
Dozier Trust and Dozier Tommy D
Bought by
Brady Alia
Seller's Agent
Andrea Tilley
Hometown Realty
Buyer's Agent
Jennifer Elliott
Iowa Realty South Lakes
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%
Views
56
Current Estimated Value
$77,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,799
Avg. Annual Appreciation
60.37%
Original Mortgage
$55,000
Outstanding Balance
$54,864
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$22,935
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $60,000 None Listed On Document
Warranty Deed $60,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $55,000 New Conventional
Closed $55,000 New Conventional
Previous Owner $47,250 No Value Available
Previous Owner $27,200 New Conventional
Previous Owner $27,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2025 01/07/25 Sold $60,000 -13.0% $55 / Sq Ft
11/16/2024 11/16/24 Pending -- -- --
10/18/2024 10/18/24 Price Changed $69,000 -8.0% $63 / Sq Ft
10/03/2024 10/03/24 For Sale $75,000 0.0% $68 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $75,000 +20.0% $68 / Sq Ft
05/13/2019 05/13/19 Sold $62,500 -19.9% $158 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $78,000 +136.4% $197 / Sq Ft
06/22/2015 06/22/15 Sold $33,000 -26.5% $30 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
10/20/2014 10/20/14 For Sale $44,900 -- $41 / 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 $1,216 $54,740 $7,180 $47,560
2023 $1,216 $54,740 $7,180 $47,560
2022 $1,062 $45,900 $5,380 $40,520
2021 $1,062 $45,010 $5,380 $39,630
2020 $984 $38,740 $4,660 $34,080
2019 $1,024 $37,630 $0 $0
2018 $988 $37,630 $0 $0
2017 $97,400 $36,540 $0 $0
2016 $922 $36,540 $0 $0
2015 $922 $29,380 $0 $0
2014 $778 $29,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6320911

NoCoast MLS

APN: 340011016760000