NOT LISTED FOR SALE

409 Washington St Decorah, IA 52101

Estimated Value: $157,166 - $275,000

4 Beds
2 Baths
1,164 Sq Ft
$177/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $99,900 $86 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,265/month

395 Days on Market

Highlights

  • Garage
  • Carrie Lee Elementary School Rated 9+
  • Wood Siding

About This Home

As of October 2018

Great investment opportunity! This front/back duplex is within walking distance to schools & downtown. Both units are 2 bedroom, have hardwood flooring, each has a private laundry, enclosed porch. All appliances included. Off-street parking, 2-car garage. New roof September 2016. 9% return on investment. Owner is a real estate agent in Iowa. Call for more details.

Last Agent to Sell the Property

Tade Kerndt

Viking Realtors License #B38984000 Listed on: 08/25/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,676

Year Built

  • Built in 1890

Lot Details

  • 8,376 Sq Ft Lot

Home Design

  • Duplex
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Stone Basement
  • Laundry on lower level

Parking

  • Garage
  • 4 Open Parking Spaces
  • Parking Available

Schools

  • Decorah Community Schools Elementary And Middle School
  • Decorah Community Schools High School

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, trash collection, water
  • Assessor Parcel Number 111647602000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,676

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Parcel Number: 111647602000
  • Year Built: 1890
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: 1st Floor, Lower Level
  • Co List Office Phone: 563-382-8453
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1164
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Stone/Rock
  • Below Grade Sq Ft: 948

Exterior Features

  • Construction Type: Wood Siding
  • Siding: Wood

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: Detached, Garage, Parking Area

Utilities

  • Cooling: None
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Gas Individual Meters, Separate Meters, Water - Multiple Meters
  • Water Source: City

Schools

  • Elementary School: Decorah Community Schools
  • High School: Decorah Community Schools
  • Middle Or Junior School: Decorah Community Schools

Lot Info

  • Zoning: R-3
  • Lot Dimensions: reg
  • Lot Size Sq Ft: 8376

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas, Heat, Trash Collection, Water
  • Lease Term: Over 9 Months

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1676

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2017
Closed on
Oct 30, 2018
Sold by
Rentak Llc
Bought by
Marsden Annette
Seller's Agent
Tade Kerndt
Viking Realtors
List Price
$124,000
Sold Price
$99,900
Premium/Discount to List
-$24,100
-19.44%
Current Estimated Value
$206,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,642
Avg. Annual Appreciation
10.60%
Original Mortgage
$80,000
Outstanding Balance
$70,060
Interest Rate
4.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$136,482

Purchase Details

Closed on
Mar 30, 2012
Sold by
Folkedahl Marc A and Folkedahl Stephanie L
Bought by
Co Rentak Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
3.9%
Mortgage Type
FHA
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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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
Marsden Annette $100,000 --
Co Rentak Llc $72,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marsden Annette $80,000
Previous Owner Co Rentak Llc $57,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $99,900 0.0% $86 / Sq Ft
08/06/2018 08/06/18 Off Market $99,900 -- --
05/08/2018 05/08/18 Price Changed $119,000 -4.0% $102 / Sq Ft
08/25/2017 08/25/17 For Sale $124,000 -- $107 / 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 $2,222 $134,070 $26,380 $107,690
2024 $2,222 $118,090 $26,380 $91,710
2023 $2,124 $118,090 $26,380 $91,710
2022 $1,866 $101,910 $21,990 $79,920
2021 $1,778 $92,430 $21,990 $70,440
2020 $1,778 $86,520 $21,990 $64,530
2019 $1,730 $86,520 $0 $0
2018 $1,744 $86,520 $0 $0
2017 $1,676 $79,910 $0 $0
2016 $1,650 $79,910 $0 $0
2015 $1,578 $76,460 $0 $0
2014 $1,550 $76,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tade Kerndt

    Seller's Agent in 2018

    Tade Kerndt

    Viking Realtors

    (563) 380-1415

    26 in this area

    65 Total Sales

    Tade Kerndt
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20174756

Northeast Iowa Regional Board of REALTORS®

APN: 111647602000

Iowa Winneshiek County Decorah 52101

409 Washington St, Decorah, IA

Not Listed for Sale

MultiFamily

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