NOT LISTED FOR SALE

492 16th St SE Le Mars, IA 51031

Estimated Value: $512,000 - $606,000

5 Beds
4 Baths
5,498 Sq Ft
$103/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $449,500 $82 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,763/month

187 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Cul-De-Sac
  • Main Floor Primary Bedroom
  • Computer Room
  • 3-minute walk to Schafer Park

About This Home

As of March 2021

This beautiful custom built home is located one block from Schafer Park atop a quiet culdesac. An open, spacious and truly unique design offers 5 bedrooms, 4 bath locations, huge triple stall garage, a lower level ready to entertain and a private patio to relax and unwind. Amazing island kitchen is well appointed for the chef and offers the right spaces for a snack, informal dining and large gatherings. A sunken living room which features a double sided fireplace, lots of windows and a two story ceiling is a perfect gathering space. The master suite is nestled on the main level with private bath including dual sinks, dual closets, jetted tub and separate shower. A gorgeous staircase leads to the three upper level bedrooms and huge bath with dual sinks and separate tub/shower area. A lower level with dual staircases is ready to entertain featuring a spacious bar area, game room, family room with fireplace and a bonus room too. A lower level bedroom suite includes a private bath and is large enough for multiple beds. Lots of great amenities such as central vac system, lawn irrigation system, built in firepit, epoxy garage flooring, over garage attic storage and so much more. This home was constructed with the help of Bruce Jelma Construction of Alton, IA. Take a look today! All measurements are approximate.

Last Agent to Sell the Property

Lance Sitzmann

Lance Sitzmann Real Estate License #B02595 Listed on: 07/31/2020

Co-Listed By

Shane Sitzmann

Lance Sitzmann Real Estate License #S31066

Last Buyer's Agent

Kristie Drent

Keller Williams Siouxland

Keller Williams Siouxland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,274

Year Built

  • Built in 1994

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac
  • Stone Retaining Walls
  • Landscaped
  • Sprinkler System
  • Property is zoned R - 1

Parking

  • 3 Car Attached Garage
  • Three Garage Doors
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Crown Molding
  • 2 Fireplaces
  • Gas Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Computer Room
  • Wood Flooring
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 1221279006

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,274

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: 2 Story
  • Property Features: Cul-De-Sac, Landscaping, Lawn Sprinkler System, Retaining Wall
  • Legal Description: Lot Sixteen (16) in Janssen-Lancaster 5th Addition to the City of Le Mars, Iowa
  • Not Included: most furniture is for sale or is negotiable
  • Year Built: 1994
  • 13: Name: Other, On Level: Basement, LVP floors, game room, wet bar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Included: Ktn appliances, washer, dryer, softener, RO, window treatments, all bar stools, ktn hanging pot rack
  • Fireplace Fuel: Gas
  • Fireplaces: 2
  • Total Bedrooms: 5
  • Total Bathrooms: 4
  • Basement: Finished, Full, Poured
  • Basement Rooms: 3/4 Bath, Bedroom, Family
  • Main Level Rooms: Den, Dining, Full Bath, Kitchen, Living, Master
  • Second Level Rooms: 3/4 Bath, Full Bath
  • Total Sq Ft: 5498
  • Main Level Sq Ft: 2013
  • Sq Ft Above Grade: 3686
  • Sq Ft Below Grade Finishe: 1812
  • Sq Ft Below Grade Total: 2013
  • Sq Ft Below Grade Unfinis: 201
  • Price Per Sq Ft: 121.95

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage Type: Attached, Triple
  • Driveway: Concrete
  • Garage Spaces: 3
  • Sq Ft Garage: 830

Utilities

  • Air Conditioning Type: Central
  • Fuel Type: Electric
  • Heat Type: Heat Pump
  • Sewer Type: City
  • Utilities: 183
  • Water Softener: Included
  • Water Type: City

Association/Amenities

  • Amenities: Central Vac, Computer Area, Crown Molding, Eat-In Kitchen, Fireplace, Foyer, Garage Door Opener, Hardwood Floors, Lawn Sprinkler System, Main Floor Laundry, Master Bath, Master Wi Closet, Oversized Garage, Patio, Whirlpool

Schools

  • Elementary School: LeMars
  • Middle School: LeMars
  • High School: LeMars

Lot Info

  • Acres: 0.34
  • Lot Sq Ft: 14835
  • Parcel Number: 1221279006
  • Zoning: R - 1

Tax Info

  • Gross Taxes: 7274
  • Tax Class: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Mar 11, 2021
Sold by
Westhoff Greg A and Westhoff Laurie L
Bought by
Manyuon Peter and Arok Yar
Seller's Agent
Lance Sitzmann
Lance Sitzmann Real Estate
Buyer's Agent
Kristie Drent
Keller Williams Siouxland
List Price
$549,500
Sold Price
$449,500
Premium/Discount to List
-$100,000
-18.2%
Current Estimated Value
$564,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,305
Avg. Annual Appreciation
4.66%
Original Mortgage
$337,080
Outstanding Balance
$305,722
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$244,636
Source: Public Records

Range of Values:

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Average Value
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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
Manyuon Peter $449,500 Iowa Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manyuon Peter $337,080
Previous Owner Westhoff Gregory A $144,000
Previous Owner Westhoff Gregory A $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $449,500 0.0% $82 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
01/09/2021 01/09/21 Price Changed $449,500 -4.3% $82 / Sq Ft
11/24/2020 11/24/20 Price Changed $469,900 +0.2% $85 / Sq Ft
11/24/2020 11/24/20 Price Changed $469,000 -6.1% $85 / Sq Ft
10/02/2020 10/02/20 Price Changed $499,500 -7.4% $91 / Sq Ft
08/24/2020 08/24/20 Price Changed $539,500 -1.8% $98 / Sq Ft
07/31/2020 07/31/20 For Sale $549,500 -- $100 / 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 $8,218 $506,750 $52,720 $454,030
2023 $7,638 $642,620 $43,130 $599,490
2022 $7,562 $516,300 $43,130 $473,170
2021 $7,266 $516,300 $43,130 $473,170
2020 $7,266 $480,910 $43,130 $437,780
2019 -- $480,910 $43,130 $437,780
2018 -- $446,410 $43,130 $403,280
2017 -- $425,160 $0 $0
2016 -- $425,160 $0 $0
2015 -- $387,410 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 810193

Northwest Iowa Regional Board of REALTORS®

APN: 12-21-279-006