NOT LISTED FOR SALE

407 E Jackson St Salem, IA 52649

Estimated Value: $52,000 - $109,000

1 Bed
1 Bath
804 Sq Ft
$108/Sq Ft Est. Value

Last Sold August 03, 2012

Last sale price $16,000 $20 Per Sq Ft

Est. 448% increase in value since last sale

Current estimated payment $510/month

71 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • Wood Siding
  • 1 Car Detached Garage

About This Home

As of August 2012

Affordable housing! Located in Salem, Iowa close to the school this 1 bedroom 1 bathroom home has all the necessities you need. Own this for less than rent!

Last Agent to Sell the Property

Julie Mallams Brown

Steffes Group Listed on: 04/19/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $126

Year Built

  • Built in 1900

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 84 x 141

Parking

  • 1 Car Detached Garage

Home Design

  • 804 Sq Ft Home
  • Ranch Style House
  • Asphalt Shingled Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$126

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Copyright Remarks: Yes
  • Legal Description: Abstract to Govern
  • Municipality: Salem
  • Year Built: 1900
  • OFFICELIST_ADDRESS: 407 E Jackson Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2012-04-19
  • List Office I D: 796
  • M L Number Foreign: SEIA25013947
  • Sales Office I D: 796
  • Selling Agent: 2710
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Street
  • Building Style: Ranch
  • Special Features: None

Interior Features

  • Bedrooms: 1
  • Bedroom 1: No
  • Bedroom 2: No
  • Bedroom 3: No
  • Bedroom 4: No
  • Total Bathrooms: 1
  • Basement: Other
  • Dining Room: No
  • Family Room: No
  • Kitchen: No
  • Living Room: No
  • Price Per S Q F T: 19.9
  • Above Grade Finished Sq Ft: 804
  • Room Types: Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Bedroom 1, Bedroom 4, Kitchen, Living Room, Bedroom 2, Bedroom 3

Exterior Features

  • Exterior: Wood
  • Road Frontage: Other
  • Roof: Asphalt Shingles

Garage/Parking

  • Description: Detached Garage

Utilities

  • Air Conditioner: Window
  • Garage Stalls: 1
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected
  • Electric: Circuit Breakers

Condo/Co-op/Association

  • Amenities: Cable

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Mount Pleasant
  • School District Number: 4536

Lot Info

  • New Develop: No
  • Acres: 0.27
  • Lot Dimensions: 84 X 141
  • Lot Size Sq Ft: 11761
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Tax Info

  • Tax With Assessments: 237
  • Gross Taxes: 126

MLS Schools

  • School District: 4536 - Mount Pleasant
  • School District Name: Mount Pleasant

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2021
Sold by
Fraise Derek A and Frasie Michelle C
Bought by
Jacob Schmitt Rentals Llc
Current Estimated Value
$87,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$237,610
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$160,943

Purchase Details

Closed on
May 16, 2014
Sold by
Detrick Ted A and Detrick Robin D
Bought by
Fraise Derek A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,700
Interest Rate
4.41%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 27, 2009
Sold by
Davis Christopher R and Davis Tamera
Bought by
Wilhelm Amiee Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,500
Interest Rate
5.05%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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
Jacob Schmitt Rentals Llc $112,500 None Available
Fraise Derek A $22,000 None Available
Wilhelm Amiee Marie $15,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacob Schmitt Rentals Llc $260,000
Previous Owner Fraise Derek A $18,700
Previous Owner Wilhelm Amiee Marie $13,500
Previous Owner Hites Randy I $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2012 08/03/12 Sold $16,000 -30.1% $20 / Sq Ft
06/29/2012 06/29/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $22,900 -- $28 / 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 $388 $20,720 $6,170 $14,550
2023 $378 $20,720 $6,170 $14,550
2022 $376 $16,910 $6,170 $10,740
2021 $376 $16,910 $6,170 $10,740
2020 $352 $15,480 $6,170 $9,310
2019 $360 $15,760 $0 $0
2018 $360 $15,760 $0 $0
2017 $360 $14,950 $0 $0
2016 $332 $14,950 $0 $0
2015 $332 $13,460 $0 $0
2014 $274 $13,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5371063

NoCoast MLS

APN: 460102417600800