NOT LISTED FOR SALE

501 E Spruce St Cherokee, IA 51012

Estimated Value: $55,000 - $113,000

3 Beds
1 Bath
1,208 Sq Ft
$66/Sq Ft Est. Value

Last Sold September 23, 2019

Last sale price $24,500 $20 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $493/month

78 Days on Market

Highlights

  • 2 Car Detached Garage
  • Patio
  • Forced Air Heating and Cooling System
  • Porch
  • Living Room
  • Dining Room

About This Home

As of September 2019

This is a 2-3 bdrm home sitting on a deep lot with a two car detached garage. Priced to sell this home would make a nice investment property or with a little TLC a starter home and live here cheaper than rent. There are new windows throughout. Updated to breakers. Garage has been sided. Alliant bdt $ 64/mo and Mid American bdt is $38/mo

Last Agent to Sell the Property

Sandy Siegel

Gustafson Realty License #B33632 Listed on: 06/27/2019

Last Buyer's Agent

Sandy Siegel

Gustafson Realty License #B33632 Listed on: 06/27/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $481

Year Built

  • Built in 1884

Lot Details

  • 48 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Fixer Upper
  • Shingle Roof

Interior Spaces

  • 1,208 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Patio
  • Porch

Schools

  • Roosevelt Elementary School
  • Cherokee Middle School
  • Washington High School

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 0726301011

Home Details

Home Type

Single Family

Est. Annual Taxes

$481

Year Built

Built in 1884

Lot Details

0

Parking

2

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: 2 Story
  • Property Features: Fixer Upper, Level Lot
  • Legal Description: Lot 7 Haywards Add of Old Lot 84 NWSW Cherokee, Inc.
  • Not Included: old refrigerator in kitchen
  • Year Built: 1884
  • School Middle Junior: Cherokee Middle
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Included: Stove and refrigerator
  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Basement: Block
  • Main Level Rooms: Bedroom, Dining, Full Bath, Kitchen, Living
  • Total Sq Ft: 1208
  • Main Level Sq Ft: 688
  • Sq Ft Above Grade: 1208
  • Sq Ft Below Grade Total: 520
  • Sq Ft Below Grade Unfinis: 520
  • Price Per Sq Ft: 20.28

Exterior Features

  • Road Frontage: 48
  • Roof: Shingle

Garage/Parking

  • Garage Type: Detached
  • Internet: Yes
  • Driveway: Gravel
  • Garage Spaces: 2
  • Sq Ft Garage: 672

Utilities

  • Air Conditioning Type: Central
  • Flood Insurance: Not Required
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Utilities: 102
  • Water Type: City

Association/Amenities

  • Amenities: Patio, Porch

Schools

  • Elementary School: Roosevelt
  • Middle School: Cherokee Middle
  • High School: Washington High

Lot Info

  • Acres: 0.15
  • Lot Sq Ft: 48 x 137
  • Parcel Number: 0726301011
  • Zoning: residentia

Tax Info

  • Year: 2018
  • Gross Taxes: 481
  • Tax Class: residential

MLS Schools

  • School Elementary: Roosevelt
  • School High: Washington High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2019
Closed on
Sep 18, 2019
Sold by
Mugge Jeb Augustus
Bought by
Lotthammer Glen A
Seller's Agent
Sandy Siegel
Gustafson Realty
Buyer's Agent
Sandy Siegel
Gustafson Realty
List Price
$29,900
Sold Price
$24,500
Premium/Discount to List
-$5,400
-18.06%
Current Estimated Value
$81,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,614
Avg. Annual Appreciation
22.31%

Purchase Details

Closed on
Nov 28, 2011
Sold by
Petersen Larry and Petersen Maureen
Bought by
Mugge Jeb Augustus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,700
Interest Rate
4.12%
Mortgage Type
New Conventional
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
Lotthammer Glen A $24,500 None Available
Mugge Jeb Augustus $22,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mugge Jeb A $14,435
Previous Owner Mugge Jeb Augustus $18,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2019 09/23/19 Sold $24,500 -18.1% $20 / Sq Ft
06/27/2019 06/27/19 For Sale $29,900 -- $25 / 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 $584 $34,700 $9,310 $25,390
2023 $584 $34,700 $9,310 $25,390
2022 $520 $28,260 $6,980 $21,280
2021 $520 $28,260 $6,980 $21,280
2020 $368 $28,260 $6,980 $21,280
2019 $394 $28,260 $0 $0
2018 $312 $24,750 $0 $0
2017 $320 $24,750 $0 $0
2016 $310 $24,750 $0 $0
2015 $246 $21,154 $0 $0
2014 $246 $21,154 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 805554

Northwest Iowa Regional Board of REALTORS®

APN: 7-26-301-011