402 S Main St Centerville, IA 52544
--
Bed
1
Bath
396
Sq Ft
7,000
Sq Ft Lot
Highlights
- Ranch Style House
- Baseboard Heating
- 4-minute walk to Morgan E. Cline Park
About This Home
As of January 2025This small home is a part of a commercial listing next door. It is an efficiency home (no bedrooms) and has a kithen and 3/4 bath and a covered porch with an additional storage on the back of the home. This full service turn-key restaurant and bar is in the town of Rathbun, just to the south of Rathbun Lake. Bait, beer, groceries, ice, wood with a full menu of breakfast, lunch and dinner is currently being offered at the location and has historically been open April-October each year, but has been a year-round operation for previous owners. The sky is the limit here...comes with an efficiency home next door as well as an enclosed storage pod in the back, with full camper hookup in the rear of the building. All equipment included in the sale (see list of vendor-owned exclusions)
Last Agent to Sell the Property
Jason Oglesby
Iowa Realty South Lakes Listed on: 02/07/2019
Last Buyer's Agent
Jason Oglesby
Iowa Realty South Lakes Listed on: 02/07/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $286
Year Built
- Built in 1958
Home Design
- 396 Sq Ft Home
- Ranch Style House
- Asphalt Shingled Roof
Additional Features
- 1 Full Bathroom
- 7,000 Sq Ft Lot
- Baseboard Heating
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
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
51.04%
Original Mortgage
$55,000
Outstanding Balance
$54,726
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$23,073
Similar Homes in Centerville, IA
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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 | $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
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 | $1,230 | $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
-
Andrea Tilley
Seller's Agent in 2025
Andrea Tilley
Hometown Realty
(641) 895-5632
13 in this area
106 Total Sales
-
Jennifer Elliott
Buyer's Agent in 2025
Jennifer Elliott
Iowa Realty South Lakes
(641) 895-4845
4 in this area
6 Total Sales
-
J
Seller's Agent in 2019
Jason Oglesby
Iowa Realty South Lakes
-
J
Seller's Agent in 2015
John Arnold
Iowa Realty South Lakes
Map
Source: NoCoast MLS
MLS Number: NOC5358339
APN: 340011016760000
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