NOT LISTED FOR SALE

417 Magnetic Ave Cherokee, IA 51012

Estimated Value: $64,000 - $135,160

4 Beds
2 Baths
2,108 Sq Ft
$50/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $47,800 $23 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $652/month

Highlights

  • 1 Car Detached Garage
  • Living Room
  • Dining Room
  • Cherokee Middle School Rated 9+
  • Forced Air Heating and Cooling System

About This Home

As of June 2022

This is a large 4 bedroom home with 2 baths and a detached garage. This house has great potential.

Last Agent to Sell the Property

Julie Stevenson Fischer

Premier Realty Group Listed on: 03/02/2022

Last Buyer's Agent

Margaret Stanberg

Gustafson Realty License #S27582

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $990

Year Built

  • Built in 1910

Lot Details

  • 0.25

Parking

  • 1 Car Detached Garage

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,108 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 0.25 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0726351009

Home Details

Home Type

Single Family

Est. Annual Taxes

$990

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: 1 1/2 Story
  • Legal Description: Lot 5 Block 4 Bur Magnetic Springs Add Cherokee, Inc.
  • Year Built: 1910
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Basement: Unfinished
  • Main Level Rooms: Bedroom, Dining, Kitchen, Living
  • Second Level Rooms: Bedroom, Full Bath
  • Total Sq Ft: 2108
  • Main Level Sq Ft: 1422
  • Sq Ft Above Grade: 2108
  • Sq Ft Below Grade Total: 1422
  • Sq Ft Below Grade Unfinis: 1422
  • Price Per Sq Ft: 22.68

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage Type: Detached
  • Driveway: Crushed Rock
  • Garage Spaces: 1
  • Sq Ft Garage: 210

Utilities

  • Air Conditioning Type: Central
  • Flood Insurance: Unverified
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Type: City

Schools

  • Elementary School: Cherokee
  • Middle School: Cherokee
  • High School: Cherokee

Lot Info

  • Acres: 0.25
  • Lot Sq Ft: 10890
  • Parcel Number: 0726351009
  • Zoning: res

Tax Info

  • Gross Taxes: 990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Apr 26, 2022
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Peters Sandra
Seller's Agent
Julie Stevenson Fischer
Premier Realty Group
Buyer's Agent
Margaret Stanberg
Gustafson Realty
List Price
$50,000
Sold Price
$47,800
Premium/Discount to List
-$2,200
-4.4%
Current Estimated Value
$105,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,990
Avg. Annual Appreciation
27.21%

Purchase Details

Closed on
Nov 19, 2021
Sold by
Downey Randy W and Downey Angela J
Bought by
Freddie Mac Seasoned Credit Risk Transfer Tru

Purchase Details

Closed on
Jul 15, 2005
Sold by
Carey David G and Carey Carol M
Bought by
Downey Randy and Downey Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,500
Interest Rate
7.9%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 14, 2004
Sold by
Carey David G and Carey Carol M
Bought by
Downey Randy and Downey Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
6.5%
Mortgage Type
Seller Take Back
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
Peters Sandra $48,300 Covius Settlement Services Llc
Freddie Mac Seasoned Credit Risk Transfer Tru -- Servicelink
Downey Randy $48,500 None Available
Downey Randy $49,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Downey Randy W $80,800
Previous Owner Downey Randy $75,500
Previous Owner Downey Randy $49,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $47,800 -4.4% $23 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $50,000 -- $24 / Sq Ft
Source: Northwest 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 $1,054 $63,550 $13,600 $49,950
2023 $1,338 $63,550 $13,600 $49,950
2022 $1,292 $70,190 $10,200 $59,990
2021 $1,292 $70,190 $10,200 $59,990
2020 $1,326 $70,190 $10,200 $59,990
2019 $1,402 $70,190 $0 $0
2018 $1,174 $60,320 $0 $0
2017 $1,192 $60,320 $0 $0
2016 $1,168 $60,320 $0 $0
2015 $850 $51,555 $0 $0
2014 $880 $51,555 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Julie Stevenson Fischer

    Seller's Agent in 2022

    Julie Stevenson Fischer

    Premier Realty Group

    (712) 251-7506

    1 in this area

    75 Total Sales

    Julie Stevenson Fischer
    Section Image

  • M

    Buyer's Agent in 2022

    Margaret Stanberg

    Gustafson Realty

See All Agents

Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 816334

Northwest Iowa Regional Board of REALTORS®

APN: 7-26-351-009

Iowa Cherokee County Cherokee 51012

417 Magnetic Ave, Cherokee, IA

This home is located at 417 Magnetic Ave, Cherokee, IA 51012 since 02 March 2022 and is currently estimated at $105,790, approximately $50 per square foot. This property was built in 1910. 417 Magnetic Ave is a home located in Cherokee County with nearby schools including Cherokee Elementary School, Cherokee Middle School, and Washington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Iowa Regional Board of REALTORS® Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.

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