NOT LISTED FOR SALE

404 E Broadway St Decorah, IA 52101

Estimated Value: $136,000 - $178,896

4 Beds
3 Baths
1,348 Sq Ft
$113/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $159,000 $118 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,055/month

2 Days on Market

Highlights

  • Enclosed patio or porch
  • Laundry Room
  • Heating System Uses Steam
  • Decorah Middle School Rated A
  • Garage
  • Wood Siding

About This Home

As of June 2024

Income property in great location! Both sides currently rented - ask agent for details. Shared laundry space. Gas & electric paid by tenants. Garbage and water paid by landlord. One year lease on 404 E. Broadway; month-to-month lease on 404 1/2. If you need a place to invest, this property is a great opportunity!

Last Agent to Sell the Property

Jayme Folkedahl

Kelly Real Estate Inc License #S61676 Listed on: 05/08/2024

Last Buyer's Agent

Dacia Monson

AJ Realty, Inc. License #S66004

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,644

Year Built

  • Built in 1890

Lot Details

  • 7,878 Sq Ft Lot
  • Lot Dimensions are 58 x 123

Home Design

  • Duplex
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Stone Basement
  • Laundry Room

Parking

  • Garage
  • 2 Open Parking Spaces
  • Parking Available

Outdoor Features

  • Enclosed patio or porch

Schools

  • Decorah Community Schools Elementary And Middle School
  • Decorah Community Schools High School

Utilities

  • Heating System Uses Steam
  • Radiant Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 111531300800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,644

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Parcel Number: 111531300800
  • Year Built: 1890
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Laundry Room
  • Co List Office Phone: 563-382-8406
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1348
  • Architectural Style: Two Story, Duplex, Side Split
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Stone/Rock
  • Below Grade Sq Ft: 700

Exterior Features

  • Construction Type: Wood Siding
  • Exterior Features: Porch-Covered, Porch-Enclosed
  • Siding: Wood

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: Garage, Parking Area, Detached

Utilities

  • Cooling: None
  • Heating: Radiant, Steam
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Gas Individual Meters, Separate Meters, Water - Multiple Meters
  • Water Source: City

Schools

  • Elementary School: Decorah Community Schools
  • High School: Decorah Community Schools
  • Middle Or Junior School: Decorah Community Schools

Lot Info

  • Zoning: R-3
  • Lot Dimensions: 58 X 123
  • Lot Size Sq Ft: 7878

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Term: Month To Month

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2644

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2019
Closed on
Jul 30, 2019
Sold by
Steele Melvin R and Fayne Harriet
Bought by
Ritner Rodney G and Ritner Kathleen M
Seller's Agent
Tade Kerndt
Viking Realtors
List Price
$89,000
Sold Price
$80,000
Premium/Discount to List
-$9,000
-10.11%
Current Estimated Value
$152,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,474
Avg. Annual Appreciation
11.39%
Original Mortgage
$64,000
Interest Rate
4.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Ritner Rodney G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halweg Jay D $119,250
Closed Ritner Rodney G $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $159,000 -5.9% $118 / Sq Ft
05/11/2024 05/11/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $169,000 +111.3% $125 / Sq Ft
08/19/2019 08/19/19 Sold $80,000 -10.1% $59 / Sq Ft
07/21/2019 07/21/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $89,000 -- $66 / Sq Ft
Source: Northeast Iowa Regional Board 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 $2,652 $146,760 $29,250 $117,510
2023 $2,644 $146,760 $29,250 $117,510
2022 $2,032 $126,900 $24,380 $102,520
2021 $1,956 $100,740 $24,380 $76,360
2020 $1,956 $95,170 $24,380 $70,790
2019 $1,734 $95,170 $0 $0
2018 $1,742 $95,170 $0 $0
2017 $1,712 $90,140 $0 $0
2016 $1,682 $90,140 $0 $0
2015 $1,598 $86,110 $0 $0
2014 $1,598 $86,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jayme Folkedahl

    Seller's Agent in 2024

    Jayme Folkedahl

    Kelly Real Estate Inc

    (563) 380-6424

    95 in this area

    142 Total Sales

    Section Image
  • Dacia Monson

    Buyer's Agent in 2024

    Dacia Monson

    AJ Realty, Inc.

    (563) 379-0640

    13 in this area

    49 Total Sales

    Section Image
  • Tade Kerndt

    Seller's Agent in 2019

    Tade Kerndt

    Viking Realtors

    (563) 380-1415

    29 in this area

    66 Total Sales

    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20241852

Northeast Iowa Regional Board of REALTORS®

APN: 111531300800

Iowa Winneshiek County Decorah 52101

404 E Broadway St, Decorah, IA

This home is located at 404 E Broadway St, Decorah, IA 52101 since 08 May 2024 and is currently estimated at $152,474, approximately $113 per square foot. This property was built in 1890. 404 E Broadway St is a home located in Winneshiek County with nearby schools including John Cline Elementary School, West Side Elementary School, and Carrie Lee Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northeast Iowa Regional Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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