NOT LISTED FOR SALE

407 Madison St Sumner, IA 50674

Estimated Value: $138,896 - $170,000

4 Beds
2 Baths
2,160 Sq Ft
$70/Sq Ft Est. Value

Last Sold November 06, 2015

Last sale price $91,000 $42 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $957/month

55 Days on Market

Highlights

  • Balcony
  • Covered Deck
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage
  • Outdoor Gas Grill
  • Water Softener is Owned

About This Home

As of November 2015

Let your tenant help pay the mortgage on this property. Currently this is a Duplex. The Seller has owned this property since 1989 and has consistently rented the upper level out. Currently rented upper level at $425 and the owner lives on main. Located across the street from the Durant Elementary School makes it a very convenient location. If you want the space yourself no problem it can easily be converted back to a single dwelling. Nice space on both levels with 1080 sq. ft. each level. The layout is the same on both levels with great storage, 2 bedrooms and 1 full bath. The basement is a full basement with washer & dryer and again more storage space. There is a 24' x 20' detached garage with nice sized lot. Call soon to take a look and make your move.

Last Agent to Sell the Property

Connie Rochford

Town & Country Real Estate License #B36487000 Listed on: 07/20/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,761

Year Built

  • Built in 1920

Lot Details

  • 8,448 Sq Ft Lot
  • Lot Dimensions are 64' x 132'

Home Design

  • Concrete Foundation
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • Ceiling Fan
  • Laundry on lower level
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Covered Deck
  • Outdoor Gas Grill

Schools

  • Sumner Elementary School
  • Fredricksburg Middle School
  • Sumner High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 0423476010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,761

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Parcel Number: 0423476010
  • Year Built: 1920
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.19
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 563-578-8899
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan(s)
  • Reso Roof: Steel
  • TotalFinishedSquareFootage: 2160
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, MicroHood, Microwave, Free-Standing Range, Refrigerator, Gas Water Heater, Water Softener, Water Softener Owned
  • Basement: Block, Concrete, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • BelowGradeArea: 1080

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Balcony/Loft, Sidewalk, Covered Deck, Gas Grill

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage, Garage Door Opener

Utilities

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

Schools

  • Elementary School: Sumner
  • High School: Sumner
  • Middle Or Junior School: Fredricksburg

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 64' x 132'
  • Lot Size Sq Ft: 8448
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1761

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2020
Sold by
Rogahn Reid B
Bought by
Madison Estates Llc
Current Estimated Value
$151,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Outstanding Balance
$95,885
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$55,839

Purchase Details

Listed on
Jul 20, 2015
Closed on
Nov 6, 2015
Sold by
Caley Joyce M
Bought by
Rogahn Reid B
Seller's Agent
Connie Rochford
Town & Country Real Estate
List Price
$110,000
Sold Price
$91,000
Premium/Discount to List
-$19,000
-17.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Madison Estates Llc $115,000 None Available
Rogahn Reid B $91,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madison Estates Llc $108,000
Closed Rogahn Reid B $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2015 11/06/15 Sold $91,000 -17.3% $42 / Sq Ft
09/13/2015 09/13/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $110,000 -- $51 / 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
2025 $2,024 $128,310 $16,000 $112,310
2024 $2,024 $125,490 $16,000 $109,490
2023 $2,036 $128,450 $12,800 $115,650
2022 $1,976 $112,760 $12,800 $99,960
2021 $1,404 $112,760 $12,800 $99,960
2020 $1,404 $87,080 $11,200 $75,880
2019 $1,254 $83,140 $0 $0
2018 $1,202 $83,140 $0 $0
2017 $1,778 $92,340 $0 $0
2016 $1,778 $108,450 $0 $0
2015 $1,778 $101,360 $0 $0
2014 $1,686 $101,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20154733

Northeast Iowa Regional Board of REALTORS®

APN: 04-23-476-010