NOT LISTED FOR SALE

405 N 2nd St Elkader, IA 52043

Estimated Value: $116,000 - $129,949

2 Beds
2 Baths
1,050 Sq Ft
$118/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $85,000 $81 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $844/month

23 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Garden
  • 1 Car Attached Garage
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

This charming bungalow style home has a lot to offer: two bedrooms on the main floor, wood flooring, lots of light with newer tilt-in windows, newer metal roof and siding, newer gutters, attached one car garage, huge patio above the garage, fenced in backyard with lots of privacy and alley access, established vegetable garden, landscaping, family room and office/extra bedroom with portable closets in basement, and large attic with usable space. This home is very cozy and welcoming!

Last Listed By

Michelle Gifford

Allen Real Estate Company, LLC License #S37243000 Listed on: 08/20/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,619

Year Built

  • Built in 1947

Lot Details

  • 7,680 Sq Ft Lot
  • Lot Dimensions are 64x120
  • Fenced
  • Sloped Lot
  • Hillside Location
  • Garden

Parking

  • 1 Car Attached Garage

Home Design

  • Block Foundation
  • Metal Roof
  • Steel Siding
  • Vinyl Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Partially Finished Basement

Kitchen

  • Free-Standing Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Central Elementary And Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2522432002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,619

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Parcel Number: 2522432002
  • Year Built: 1947
  • Property Sub-Type: Single Family Residence
  • ResoLaundryFeatures: Dryer Hookup-Gas, Laundry Room, Lower Level, Washer Hookup
  • ResoLotFeatures: Hillside, Sloped
  • Lot Size Acres: 0.18
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-283-2211
  • MLS Status: Closed
  • Architectural Style: Multi-Level
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan(s), Ceiling Fan/Light, Attic Pull Down Stairs, Sliding Glass Door, Hardwood Floors
  • Reso Roof: Metal
  • TotalFinishedSquareFootage: 1050
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Disposal, Free-Standing Range, Refrigerator, Vented Exhaust Fan, Washer, Water Softener Owned
  • Basement: Block, Floor Drain, Partially Unfinished
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 425
  • BelowGradeArea: 0

Exterior Features

  • Construction Type: Steel, Vinyl Siding
  • Exterior Features: Fenced Yard, Garden, Patio

Garage/Parking

  • Parking Features: 1 Stall, Attached Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Schools

  • Elementary School: Central
  • High School: Central
  • Middle Or Junior School: Central

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 64x120
  • Lot Size Sq Ft: 7680
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1619

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 26, 2020
Sold by
Krueger James
Bought by
Gibbs Brian and Yaddof Emily
Seller's Agent
Michelle Gifford
Allen Real Estate Company, LLC
List Price
$90,000
Sold Price
$85,000
Premium/Discount to List
-$5,000
-5.56%
Total Days on Market
23
Current Estimated Value
$123,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,737
Avg. Annual Appreciation
7.96%
Original Mortgage
$68,000
Outstanding Balance
$61,699
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$58,578

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 20, 2020
Sold by
Iowa District Court
Bought by
Kroeger James
Seller's Agent
Michelle Gifford
Allen Real Estate Company, LLC
List Price
$90,000
Sold Price
$85,000
Premium/Discount to List
-$5,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Outstanding Balance
$61,699
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$58,578

Purchase Details

Closed on
Oct 15, 2018
Sold by
Beck Brian and Beck Alisa M
Bought by
Miller Scott W

Purchase Details

Closed on
Aug 26, 2008
Sold by
Werger Linda L and Werger Kim R
Bought by
Miller April E

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
Gibbs Brian $85,000 None Available
Kroeger James -- None Available
Miller Scott W $80,000 --
Miller April E $68,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Brian $68,000
Previous Owner Kroeger James $72,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $85,000 -5.6% $81 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $90,000 +5.9% $86 / Sq Ft
08/07/2020 08/07/20 Sold $85,000 -5.5% $81 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $89,900 -- $86 / 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 $1,892 $93,750 $8,832 $84,918
2023 $1,762 $93,750 $8,832 $84,918
2022 $1,630 $76,393 $8,000 $68,393
2021 $1,456 $76,393 $8,000 $68,393
2020 $1,456 $71,561 $8,000 $63,561
2019 $1,310 $71,561 $8,000 $63,561
2018 $1,310 $66,480 $8,000 $58,480
2017 $1,354 $66,480 $8,000 $58,480
2015 $1,360 $67,974 $9,856 $58,118
2014 $1,274 $67,974 $9,856 $58,118
Source: Public Records

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Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20204225

Northeast Iowa Regional Board of REALTORS®

APN: 22-25-22-432-002