NOT LISTED FOR SALE

405 S 4th Ave E Lake Mills, IA 50450

Estimated Value: $92,833 - $119,000

2 Beds
1 Bath
792 Sq Ft
$129/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $85,000 $107 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $659/month

34 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Dining Room
  • Lake Mills Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of November 2023

Welcome to this beautifully remodeled ranch style home, which has been tastefully updated over the past two years. The charming exterior is complemented by lovely landscaping and a spacious backyard. Step inside to discover a main level that offers two bedrooms with fresh new carpeting. The galley kitchen features elegant oak cabinetry and newly installed vinyl flooring, with a convenient corner area that can accommodate a small dining table. The well-sized living room boasts an abundance of natural light from the south-facing windows, creating a warm and inviting atmosphere. Completing the main level is a full bathroom. The lower level has been partially finished with sheet rock, leaving it open to the buyer's imagination to complete as desired. Don't miss this opportunity to make this house your own.

Last Agent to Sell the Property

Marisa Koppen

Realty ONE Group Black Diamond Listed on: 08/25/2023

Last Buyer's Agent

Linzy Vermedahl

Realty ONE Group Black Diamond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $546

Year Built

  • Built in 1953

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 63x115

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 792 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$546

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Legal Description: 02 99 23 LOT 2 AUD RESURVEY OF LOTS 1 THRU 11 SUBD OF E 7 ACRES OF SE SW 2 99 23
  • Municipality: Lake Mills
  • Year Built: 1953
  • OFFICELIST_ADDRESS: 405 S 4Th Avenue E
  • Distribute To Internet: Yes
  • List Office I D: 2760
  • Sales Office I D: 2760
  • Selling Agent: 4866
  • Street Designation: Avenue
  • Building Style: Ranch
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Bedrooms: 2
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: (4th) Bedroom
  • Total Bathrooms: 1
  • Basement: Full
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Living Room: Living Room
  • Price Per S Q F T: 107.32
  • Above Grade Finished Sq Ft: 792
  • Below Grade Total Sq Ft: 792
  • Total Finished Sq Ft: 792

Exterior Features

  • Exterior: Wood
  • Foundation Size: 792

Garage/Parking

  • Description: None
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.17
  • Geo Update Timestamp: 2023-08-25
  • Total Assessed Value: 30500
  • Assessment Pending: Unknown
  • Homestead Description: None
  • Lot Dimensions: 63X115
  • Lot Size Sq Ft: 7405
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2021
  • Gross Taxes: 546
  • Net Taxes: 546

MLS Schools

  • School District: 3420 - Lake Mills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Oct 22, 2023
Sold by
Hoffmann Robert and Hoffmann Gwen
Bought by
Grothe Kray
Seller's Agent
Marisa Koppen
Realty ONE Group Black Diamond
Buyer's Agent
Linzy Vermedahl
Realty ONE Group Black Diamond
List Price
$93,500
Sold Price
$85,000
Premium/Discount to List
-$8,500
-9.09%
Views
119
Current Estimated Value
$102,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,208
Avg. Annual Appreciation
6.85%
Original Mortgage
$68,000
Outstanding Balance
$67,040
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$28,403

Purchase Details

Closed on
Jul 6, 2009
Sold by
Hugo Douglas L and Hugo Angela G
Bought by
Hugo Douglas L and Hugo Angela G

Purchase Details

Closed on
Oct 4, 2007
Sold by
Cavett Gordon O and Cavett Janet G
Bought by
Hugo Douglas L and Hugo Angela G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,716
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
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
Grothe Kray $85,000 None Listed On Document
Hugo Douglas L -- None Available
Hugo Douglas L $54,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grothe Kray $68,000
Previous Owner Hugo Douglas L $41,716
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $85,000 -7.1% $107 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
09/27/2023 09/27/23 Price Changed $91,500 -2.1% $116 / Sq Ft
08/25/2023 08/25/23 For Sale $93,500 +24.7% $118 / Sq Ft
04/13/2022 04/13/22 Sold $75,000 +7.1% $95 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $70,000 -- $88 / Sq Ft
Source: NoCoast MLS

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 $1,222 $77,080 $13,880 $63,200
2023 $606 $73,570 $13,880 $59,690
2022 $546 $30,500 $12,720 $17,780
2021 $570 $30,500 $12,720 $17,780
2020 $574 $29,040 $12,110 $16,930
2019 $586 $27,650 $0 $0
2018 $556 $27,650 $0 $0
2017 $556 $24,960 $0 $0
2016 $466 $24,960 $0 $0
2015 $466 $23,770 $0 $0
2014 $434 $23,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6310884

NoCoast MLS

APN: 0802385033