NOT LISTED FOR SALE

409 W Water St Fayette, IA 52142

Estimated Value: $107,000 - $124,000

4 Beds
2 Baths
1,295 Sq Ft
$89/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $55,500 $43 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $713/month

149 Days on Market

Highlights

  • Living Room with Fireplace
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

Here is a great opportunity for a starter home/income property. This home sits on an acre of land with river access, as well as access to Fayette's trail system. It is just 1 block from the school and daycare. It has many great updates. This home has 3 Bedrooms, could be 4 if it was an income property. It has a nice big sunroom, and built in storage throughout the home. The whole kitchen has been redone. New flooring in a few rooms as well. This home has a lot of great features for the price range. Come see for yourself!

Last Agent to Sell the Property

Zachary Wulfekuhle

Century 21 Signature Real Estate - Oelwein License #S68014000 Listed on: 03/23/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,004

Year Built

  • Built in 1900

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 65x670

Parking

  • 1 Car Attached Garage

Home Design

  • Block Foundation
  • Asphalt Roof
  • Block Exterior
  • Stone Siding

Interior Spaces

  • 1,295 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • N Fayette Valley Elementary School
  • North Fayette Valley Middle School
  • North Fayette Valley High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1129226006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,004

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Parcel Number: 1129226006
  • Year Built: 1900
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Lot Size Acres: 1.1
  • Road Surface Type: Gravel
  • Co List Office Phone: 563-422-3285
  • MLS Status: Closed
  • Reso Fireplace Features: Living Room
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1295
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • BelowGradeArea: 630

Exterior Features

  • Construction Type: Block, Stone, Combination

Garage/Parking

  • Parking Features: 1 Stall, Attached Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City Sewer
  • Water Source: City

Schools

  • Elementary School: N Fayette Valley
  • High School: North Fayette Valley
  • Middle Or Junior School: North Fayette Valley

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 65x670
  • Lot Size Sq Ft: 47916
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Oct 14, 2020
Sold by
Broghammer Robert W and Broghammer Jennifer K
Bought by
Muller Ricky J and Muller Debra A
Seller's Agent
Zachary Wulfekuhle
Century 21 Signature Real Estate - Oelwein
List Price
$62,000
Sold Price
$55,500
Premium/Discount to List
-$6,500
-10.48%
Current Estimated Value
$109,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,475
Avg. Annual Appreciation
14.22%
Original Mortgage
$44,000
Outstanding Balance
$39,509
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$65,830

Purchase Details

Closed on
Nov 21, 2011
Sold by
Angerillo Karole A
Bought by
Broghammer Robert W and Broghammer Jennifer K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
4.12%
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
Muller Ricky J $55,500 None Available
Broghammer Robert W $56,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muller Ricky J $44,000
Previous Owner Broghammer Robert W $47,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $55,500 -10.5% $43 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $62,000 -- $48 / 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 $1,268 $73,510 $24,360 $49,150
2023 $1,778 $73,510 $24,360 $49,150
2022 $1,082 $59,080 $20,300 $38,780
2021 $721 $59,080 $20,300 $38,780
2020 $1,084 $57,330 $18,960 $38,370
2019 $1,004 $54,330 $0 $0
2018 $1,010 $54,330 $0 $0
2017 $902 $42,980 $0 $0
2016 $866 $42,980 $0 $0
2015 $866 $0 $0 $0
2014 $874 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20201514

Northeast Iowa Regional Board of REALTORS®

APN: 11-29-226-006