NOT LISTED FOR SALE

403 N Main St Modale, IA 51556

Estimated Value: $150,000 - $206,000

2 Beds
2 Baths
1,194 Sq Ft
$148/Sq Ft Est. Value

Last Sold May 07, 2014

Last sale price $7,000 $6 Per Sq Ft

Est. 2,432% increase in value since last sale

Current estimated payment $1,171/month

44 Days on Market

Highlights

  • No HOA
  • Porch
  • Living Room
  • Formal Dining Room
  • Eat-In Kitchen
  • Forced Air Heating System

About This Home

As of May 2014

Investor alert. This property needs a lot of work but priced accordingly. Lots of possibilities here all on .40 acres. All offers must be submitted with proof of funds/financing or can not be accepted. THE PROPERTY QUALIFIES FOR FREDDIE MAC'S FIRST LOOK PROGRAM THRU 3/24/2014. INVESTORS CAN SUBMIT OFFERS ANY TIME BUT WON'T BE CONSIDERED UNTIL 3/25/2014.

Last Listed By

Patty Jenkins

Key Real Estate Listed on: 03/03/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 88 x 197
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,194 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 2 Bathrooms

Outdoor Features

  • Storage Shed
  • Porch

Schools

  • West Harrison Elementary And Middle School
  • West Harrison High School

Utilities

  • Forced Air Heating System
  • Gas Available
  • Gas Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Air Conditioner: None
  • Basement: None
  • Basement: Slab
  • Dining Facilities: Eat In Kitchen, Formal Dining
  • Fireplace: No
  • Interior Amenities: Other
  • Kitchen Features: Custom Cabinets, None
  • Laundry: Main Floor
  • Lower Tri Level: None
  • Main Level: Baths, Dining, Living Room, Kitchen
  • Second Level: Baths, Other Bedrooms, Primary Bedroom
  • Sq Ft 2nd Floor: 504.00
  • Sq Ft Main Floor: 690.00
  • Stories: 2.0
  • Total Finished Sq Ft: 1194.00
  • Total Above Ground Finished Sq Ft: 1194.00

Beds/Baths

  • Bathrooms Above Grade: 2
  • Bathrooms Below Grade: None
  • Above Grade Bedrooms: 2
  • Below Grade Bedrooms: None
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2

Exterior Features

  • Exterior Amenities: Open Porch, Storage Shed
  • New Construction: N
  • Roof: Composition
  • Site Amenities: Concrete Road, Off Street Parking, Flat Lot
  • Style: 2 Story

Garage/Parking

  • Garage: None
  • Garage Features: No Features
  • Garage Type: None

Utilities

  • Heating: Gas Forced Air
  • Hot Water Heater: Gas
  • Services: Electrical, Gas

Association/Amenities

  • Association Fee: N

Schools

  • School District: West Harrison
  • Elementary School: West Harrison
  • Middle School: West Harrison
  • High School: West Harrison
  • Elementary School: West Harrison
  • High School: West Harrison
  • Jr High: West Harrison
  • School District: West Harrison

Lot Info

  • Flood Insurance: Unknown
  • Lot Size: 88 x 197
  • Lot Size Range: Over 1/4 up to 1/2 Acre

Building Info

  • Construction: Frame
  • Year Built: 1900

Tax Info

  • Current REIDS Year Paid: N/A
  • Gross Taxes: 874
  • Net Taxes: 874

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2014
Closed on
Apr 23, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gerke Jay D and Gerke Shauna L
Seller's Agent
Patty Jenkins
Key Real Estate
Buyer's Agent
Patty Jenkins
Key Real Estate
List Price
$9,900
Sold Price
$7,000
Premium/Discount to List
-$2,900
-29.29%
Total Days on Market
44
Current Estimated Value
$177,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,247
Avg. Annual Appreciation
34.19%

Purchase Details

Closed on
Dec 3, 2007
Sold by
Burson Vicky L
Bought by
Burson Rosemary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,292
Interest Rate
5.95%
Mortgage Type
Credit Line Revolving

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
Gerke Jay D $7,000 Servicelink
Burson Rosemary A $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerke Jay D $115,000
Closed Gerke Jay D $70,000
Previous Owner Bruson Rosemary A $3,292
Previous Owner Burson Rosemary A $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2014 05/07/14 Sold $7,000 -29.3% $6 / Sq Ft
04/16/2014 04/16/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $9,900 -- $8 / Sq Ft
Source: Southwest Iowa Association 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 $2,204 $162,270 $6,930 $155,340
2023 $5 $162,270 $6,930 $155,340
2022 $1,680 $108,382 $6,930 $101,452
2021 $1,685 $108,382 $6,930 $101,452
2020 $1,818 $111,787 $6,930 $104,857
2019 $1,947 $111,787 $6,930 $104,857
2018 $1,919 $106,259 $0 $0
2017 $1,914 $42,721 $0 $0
2016 $246 $12,731 $0 $0
2015 $236 $46,183 $0 $0
2014 $864 $46,183 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Southwest Iowa Association of Realtors®

MLS Number: 14-415

Southwest Iowa Association of Realtors®

APN: 560002192200000