NOT LISTED FOR SALE

404 Jefferson St Decorah, IA 52101

Estimated Value: $232,000 - $382,000

4 Beds
4 Baths
1,522 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $335,000 $220 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,177/month

2 Days on Market

Highlights

  • City View
  • Deck
  • Patio
  • Decorah Middle School Rated A
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Conveniently located near schools, churches and downtown Decorah, this 4-plex is attractive to renters and/or vacation rental travelers alike. The many recent updates include new siding, roof, electrical and HVAC. Take a look and start earning that extra rental income soon!

Last Agent to Sell the Property

Tade Kerndt

Viking Realtors License #B38984000 Listed on: 07/06/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,932

Year Built

  • Built in 1900

Lot Details

  • 6,519 Sq Ft Lot
  • Lot Dimensions are 53' x 123'

Home Design

  • Quadruplex
  • Concrete Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • City Views
  • Washer and Gas Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • No Garage
  • Parking Available

Outdoor Features

  • Deck
  • Patio
  • Breezeway
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, heat
  • Assessor Parcel Number 111645300800

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $22
  • Water Sewer Expense $64
  • Operating Expense $584
  • Gross Income $1,925
  • Net Operating Income $1,341

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,932

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Parcel Number: 111645300800
  • Year Built: 1900
  • Property Sub-Type: Fourplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Dryer Hookup-Gas, Washer Hookup
  • ResoLotFeatures: City View
  • Road Frontage Type: Hard Surface Road
  • Co List Office Phone: 563-382-8453
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1522
  • Architectural Style: Two or More Stories
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete
  • Below Grade Sq Ft: 1396

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Breezeway, Deck, Patio, Porch, Porch-3 Season
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: None, Parking Area

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Wall Unit(s)
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Garbage in Rent, Gas Individual Meters, Water in Rent
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 64

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: 53' x 123'
  • Lot Size Sq Ft: 6519

Rental Info

  • Tenant Pays: Electricity, Heat
  • Lease Term: Over 9 Months

Multi Family

  • Gross Income: 1925
  • Operating Expense: 583.67
  • Number Of Units Total: 4
  • Electric Expense: 22
  • Net Operating Income: 1341

Tax Info

  • Tax Annual Amount: 3932

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 19, 2022
Sold by
Shasta Properties Ltd
Bought by
Beachglass Investment Group Llc
Seller's Agent
Tade Kerndt
Viking Realtors
List Price
$324,900
Sold Price
$335,000
Premium/Discount to List
$10,100
3.11%
Current Estimated Value
$310,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,333
Avg. Annual Appreciation
-2.69%
Original Mortgage
$502,500
Outstanding Balance
$483,574
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
-$174,574

Purchase Details

Closed on
Jul 30, 2013
Sold by
Soldahl Llc
Bought by
Shasta Propeties Ltd
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
Beachglass Investment Group Llc $335,000 --
Shasta Propeties Ltd $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beachglass Investment Group Llc $502,500
Previous Owner Shasta Properties Ltd $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $335,000 +3.1% $220 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $324,900 -- $213 / 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 $5,528 $305,890 $22,280 $283,610
2023 $3,330 $305,890 $22,280 $283,610
2022 $3,798 $159,810 $18,570 $141,240
2021 $3,932 $159,810 $18,570 $141,240
2020 $3,932 $159,810 $18,570 $141,240
2019 $4,098 $155,520 $0 $0
2018 $4,436 $155,520 $0 $0
2017 $2,892 $95,130 $0 $0
2016 $3,046 $95,130 $0 $0
2015 $3,172 $95,130 $0 $0
2014 $3,172 $95,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tade Kerndt

    Seller's Agent in 2022

    Tade Kerndt

    Viking Realtors

    (563) 380-1415

    29 in this area

    66 Total Sales

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20223129

Northeast Iowa Regional Board of REALTORS®

APN: 111645300800

Iowa Winneshiek County Decorah 52101

404 Jefferson St, Decorah, IA

This home is located at 404 Jefferson St, Decorah, IA 52101 since 06 July 2022 and is currently estimated at $309,000, approximately $203 per square foot. This property was built in 1900. 404 Jefferson 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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