NOT LISTED FOR SALE

404 E Railroad St Lake Park, IA 51347

Estimated Value: $106,000 - $160,000

3 Beds
1.5 Baths
1,278 Sq Ft
$100/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $72,500 $57 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $762/month

91 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Bathroom on Main Level
  • Harris-Lake Park High School Rated A-

About This Home

As of November 2021

Privacy and space is waiting for you with this three-bedroom home So close to downtown Lake Park, it’s a friendly place to live. Build your fire pit for your fall outdoor gatherings and enjoy. This property has a two car garage with plenty of storage. Great place for a rental property, first time home or a flip, At this Price it won’t last long!

Last Agent to Sell the Property

Sheree Sanderson

EXIT Realty Midwest License #S62743 Listed on: 08/04/2021

EXIT Realty Midwest

Co-Listed By

Scott Reynolds

EXIT Realty Midwest License #S64232

Last Buyer's Agent

Sheree Sanderson

EXIT Realty Midwest License #S62743 Listed on: 08/04/2021

EXIT Realty Midwest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,236

Year Built

  • Built in 1915

Lot Details

  • 0.56

Parking

  • 2 Car Detached Garage

Home Design

  • Fixer Upper
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,278 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 01-27-259-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,236

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: No
  • Type: Single Family Residence
  • Year Built: 1915
  • Levels: Two
  • Stories: 2
  • Architectural Style: Other
  • Property Condition: Fixer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Washer/Dryer Hkups
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Bathroom Description: 1/2 Basement, Main Floor Full Bath
  • Full Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Appliances: Cooktop, Dryer, Refrigerator, Washer
  • Price Per S Q F T: 56.73
  • Total Sq Ft: 1278
  • Above Grade Finished: 1278
  • Finished Sq Ft: 1278
  • Basement Features: Unfinished

Exterior Features

  • Construction: Stick Built
  • Construction Materials: Vinyl Siding
  • Flood Zone: Unknown
  • Roof: Asphalt

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public/City

Schools

  • School District: Harris Lake Park

Lot Info

  • Parcel Number: 01-27-259-005

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 1236
  • Tax Classification: Non-Homestead
  • Tax Year: 2019

MLS Schools

  • School District: Harris Lake Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Nov 4, 2021
Sold by
George Wesley Garloff Testamentary Trust
Bought by
Morris Shelley E and Morris Paige E
Seller's Agent
Sheree Sanderson
EXIT Realty Midwest
Buyer's Agent
Sheree Sanderson
EXIT Realty Midwest
List Price
$93,500
Sold Price
$72,500
Premium/Discount to List
-$21,000
-22.46%
Total Days on Market
91
Current Estimated Value
$120,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,476
Avg. Annual Appreciation
14.01%
Original Mortgage
$57,000
Outstanding Balance
$52,776
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$65,905
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
Morris Shelley E $72,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Shelley E $57,000
Closed Morris Shelley E $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $72,500 -7.1% $57 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
10/04/2021 10/04/21 Price Changed $78,000 -6.0% $61 / Sq Ft
09/14/2021 09/14/21 Price Changed $83,000 -5.7% $65 / Sq Ft
08/18/2021 08/18/21 Price Changed $88,000 -5.9% $69 / Sq Ft
08/04/2021 08/04/21 For Sale $93,500 -- $73 / Sq Ft
Source: Iowa Great Lakes 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 $1,200 $90,500 $13,000 $77,500
2023 $1,108 $90,500 $13,000 $77,500
2022 $1,030 $80,300 $11,900 $68,400
2021 $1,030 $85,400 $17,000 $68,400
2020 $1,176 $82,200 $17,000 $65,200
2019 $1,236 $82,200 $17,000 $65,200
2018 $1,270 $83,100 $13,600 $69,500
2017 $1,270 $83,100 $13,600 $69,500
2016 $1,270 $78,500 $12,800 $65,700
2015 $1,230 $78,500 $12,800 $65,700
2014 $1,144 $69,100 $12,600 $56,500
2013 $978 $69,100 $12,600 $56,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 210820

Iowa Great Lakes Board of REALTORS®

APN: 01-27-259-005