NOT LISTED FOR SALE

502 Decorah Ave Decorah, IA 52101

Estimated Value: $272,000 - $283,767

4 Beds
2 Baths
1,861 Sq Ft
$150/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $230,500 $124 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,816/month

5 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Forced Air Heating and Cooling System
  • Carrie Lee Elementary School Rated 9+
  • Patio

About This Home

As of May 2022

This recently remodeled 4 bedroom, 2-full bath home is ready for new owners! The main floor offers an open living/dining option which flows into the updated kitchen with new appliances. Two bedrooms, a full bath and a laundry room complete the main level. Upstairs you will find a massive bedroom, which could also be used as a play room or game room! The lower level family room gives you more space to relax, another full bath and a bedroom! A backyard patio and large 2-car garage complete the property. There is the option of converting it into a duplex and renting out the basement or a vacation rental. Located near the Decorah High School & John Cline, the Trout Run Trail, Upper Iowa River and walking distance to downtown, this is a home you will want to see!

Last Agent to Sell the Property

Tade Kerndt

Viking Realtors License #B38984000 Listed on: 03/30/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,902

Year Built

  • Built in 1957

Lot Details

  • 6,625 Sq Ft Lot
  • Lot Dimensions are 53x125
  • Corner Lot
  • Property is zoned R-3

Parking

  • 2 Car Garage

Home Design

  • 1,861 Sq Ft Home
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Kitchen

  • Free-Standing Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Schools

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

Additional Features

  • Laundry on main level
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 111516200500

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,902

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Parcel Number: 111516200500
  • Year Built: 1957
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor
  • ResoLotFeatures: Corner Lot
  • Lot Size Acres: 0.15
  • Road Frontage Type: Paved Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 563-382-8453
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1861
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Appliances Negotiable, Dishwasher, Microwave Built In, Free-Standing Range, Refrigerator
  • Basement: Block
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 500
  • BelowGradeArea: 1008

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Patio, Porch

Garage/Parking

  • Parking Features: 2 Stall

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: N/A

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: 53x125
  • Lot Size Sq Ft: 6625
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2902

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
May 26, 2022
Sold by
Langreck Joe F and Langreck Marie Michelle
Bought by
Rinco Llc
Seller's Agent
Tade Kerndt
Viking Realtors
List Price
$229,000
Sold Price
$230,500
Premium/Discount to List
$1,500
0.66%
Current Estimated Value
$278,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,192
Avg. Annual Appreciation
4.73%
Original Mortgage
$236,000
Outstanding Balance
$227,545
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$41,096

Purchase Details

Closed on
Sep 1, 2011
Sold by
Foxmmr Llc
Bought by
Roed Beverly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
4.58%
Mortgage Type
FHA
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
Rinco Llc $230,500 None Listed On Document
Roed Beverly K $128,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rinco Llc $236,000
Closed Rinco Llc $172,875
Previous Owner Langreck Tina M $108,123
Previous Owner Roed Beverly K $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $230,500 +0.7% $124 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $229,000 -- $123 / 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 $3,970 $210,950 $26,760 $184,190
2023 $3,474 $210,950 $26,760 $184,190
2022 $3,058 $166,740 $22,300 $144,440
2021 $2,902 $151,530 $22,300 $129,230
2020 $2,902 $141,190 $22,300 $118,890
2019 $2,824 $141,190 $0 $0
2018 $2,844 $141,190 $0 $0
2017 $2,478 $118,100 $0 $0
2016 $2,440 $118,100 $0 $0
2015 $2,332 $112,950 $0 $0
2014 $2,332 $112,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20221195

Northeast Iowa Regional Board of REALTORS®

APN: 111516200500