NOT LISTED FOR SALE

405 Park St Minden, IA 51553

Estimated Value: $142,000 - $206,000

3 Beds
2 Baths
1,894 Sq Ft
$97/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $163,500 $86 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,230/month

1 Day on Market

Highlights

  • Deck
  • No HOA
  • 1 Car Attached Garage
  • Wood Flooring
  • Porch
  • Eat-In Kitchen

About This Home

As of March 2023

Check out this awesome 3 bedroom 2 bath bungalow with nearly 1900 sq. ft. of living space. The main floor features 2 bedrooms,, full bath, updated kitchen/dinning area, spacious livingroom, and a nice flex space with lots of windows. The second floor is a large bedroom with lots of storage space. The basment has a finished family room, bathroom, and laundry space. There is a spacious deck off the back overlooking the fenced yard.FHA assumable loan at 3.25%

Last Agent to Sell the Property

Lynn Leaders

Heartland Properties Listed on: 02/14/2023

Last Buyer's Agent

Non Nonmember

Nonmember

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,624

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 50 x 150

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Living Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Laundry in Basement

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Tri-Center Elementary And Middle School
  • Tri-Center High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,624

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Air Conditioner: Electric Central
  • Basement: Full
  • Basement: Baths, Laundry, Partially Finished, Family Room, Full
  • Dining Facilities: Eat In Kitchen
  • Fireplace: No
  • Interior Amenities: Ceiling Fans, Original Woodwork, Wood Floors, Water Soft-Own, Tile Floor, Smoke Alarms
  • Kitchen Features: Custom Cabinets, Microwave, Garbage Disposal, Electric Range, Dishwasher
  • Laundry: Basement, Washer Hookup, Dryer Hookup
  • Lower Tri Level: None
  • Main Level: Baths, Other Bedrooms, Primary Bedroom, Kitchen, Living Room
  • Ramp Access: No
  • Second Level: Other Bedrooms
  • Sq Ft 2nd Floor: 448.00
  • Sq Ft Basement Finished: 400.00
  • Sq Ft Main Floor: 1046.00
  • Stories: 1.0
  • Total Basement Sq Ft: 918.00
  • Total Finished Sq Ft: 1894.00
  • Total Above Ground Finished Sq Ft: 1494.00

Beds/Baths

  • Bathrooms Above Grade: 1
  • Bathrooms Below Grade: .75
  • Below Grade Bedrooms: None
  • Total Bathrooms: 1.75
  • Total Bedrooms: 3

Exterior Features

  • Exterior Amenities: Deck, Perm Siding, Open Porch
  • New Construction: N
  • Roof: Composition
  • Site Amenities: Concrete Road, Off Street Parking
  • Style: 1.5 Story

Garage/Parking

  • Garage: 1
  • Garage Features: Electric, Perm Siding, Garage Door Opener
  • Garage Type: Attached

Utilities

  • Heating: Gas Forced Air
  • Hot Water Heater: Gas
  • Services: Cable, School Bus, Public Sidewalks, Paving, Gas, Electrical, City Water, City Sewer

Association/Amenities

  • Association Fee: N

Schools

  • Elementary School: Tri-Center
  • High School: Tri-Center
  • Jr High: Tri-Center
  • School District: Tri-Center

Lot Info

  • Flood Insurance: Not Required
  • Lot Size: 50 X 150
  • Lot Size Range: Under 1/4 Acre
  • Zoning: residential

Building Info

  • Construction: Frame
  • Year Built: 1925

Tax Info

  • Current REIDS Year Paid: N/A
  • Net Taxes: 1,624
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2023
Closed on
Mar 15, 2023
Sold by
Lotspeich Kayla and Lotspeich Ryan
Bought by
Mcatee Stephen
Seller's Agent
Lynn Leaders
Heartland Properties
Buyer's Agent
Non Nonmember
Nonmember
List Price
$160,000
Sold Price
$163,500
Premium/Discount to List
$3,500
2.19%
Views
9
Current Estimated Value
$193,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,202
Avg. Annual Appreciation
4.15%
Original Mortgage
$160,538
Outstanding Balance
$155,307
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$27,919

Purchase Details

Listed on
Sep 22, 2021
Closed on
Oct 26, 2021
Sold by
Nelson Jacob R and Nelson Lauren M
Bought by
Lotspeich Kayla
Buyer's Agent
Lynn Leaders
Heartland Properties
List Price
$135,000
Sold Price
$145,000
Premium/Discount to List
$10,000
7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$142,373
Interest Rate
2.88%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 2017
Sold by
Cunningham Jon D and Cunningham Gretchen R
Bought by
Nelson Jacob R and Nelson Lauren M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,959
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2005
Sold by
Bearley Robert J and Bearley Julie K
Bought by
Mcmahon Gretchen R

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
Interest Rate
6.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mcatee Stephen $163,500 None Listed On Document
Lotspeich Kayla $145,000 None Available
Nelson Jacob R $95,000 Clear Title & Abstract Llc
Mcmahon Gretchen R $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcatee Stephen $160,538
Previous Owner Lotspeich Kayla $142,373
Previous Owner Nelson Jacob R $95,959
Previous Owner Mcmahon Gretchen R $68,000
Previous Owner Mcmahon Gretchen R $17,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2023 03/24/23 Sold $163,500 +2.2% $86 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $160,000 +10.3% $84 / Sq Ft
10/29/2021 10/29/21 Sold $145,000 +7.4% $110 / Sq Ft View Prior Sale
09/27/2021 09/27/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $135,000 -- $102 / 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
2025 $2,600 $171,500 $17,300 $154,200
2024 $2,600 $160,700 $15,100 $145,600
2023 $2,666 $160,700 $15,100 $145,600
2022 $1,624 $130,500 $15,100 $115,400
2021 $2,454 $99,600 $15,100 $84,500
2020 $1,584 $99,600 $15,100 $84,500
2019 $1,636 $97,675 $8,380 $89,295
2018 $1,596 $97,675 $8,380 $89,295
2017 $1,640 $97,675 $8,380 $89,295
2015 $1,646 $97,675 $8,380 $89,295
2014 $1,670 $97,675 $8,380 $89,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Iowa Association of Realtors®

MLS Number: 23-194

Southwest Iowa Association of Realtors®

APN: 7741-15-402-009