NOT LISTED FOR SALE

502 Lauri Ln Cherokee, IA 51012

Estimated Value: $211,000 - $308,000

3 Beds
2 Baths
2,132 Sq Ft
$115/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $191,000 $90 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,609/month

2 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Water Softener is Owned
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Dining Room

About This Home

As of December 2021

This is a move in ready 3 bedroom, 2 full bath ranch home with a 2 car attached and heated garage with a newly epoxied floor. The property is in an established neighborhood with mature landscaping. Outside of the home is maintenance free with steel siding and brick accent. Roof was new in 2019.

Last Agent to Sell the Property

Mike Pitts

Gustafson Realty License #S43135 Listed on: 11/11/2021

Last Buyer's Agent

Stephanie Zarr

EXIT Realty Midwest - Cherokee License #S62870

EXIT Realty Midwest - Cherokee

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,791

Year Built

  • Built in 1960

Lot Details

  • 8,549 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Steel Siding

Interior Spaces

  • Electric Fireplace
  • Living Room
  • Dining Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 980723354006000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,791

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: Ranch
  • Legal Description: LOT 38 AMENT 2ND ADD CHEROKEE IA
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Included: Refrigerator, washer, dryer, water softener
  • Fireplace Fuel: Electric
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Basement: Block, Full, Partially Finished
  • Basement Rooms: Family, Full Bath
  • Main Level Rooms: Bedroom, Dining, Full Bath, Kitchen, Laundry, Living
  • Total Sq Ft: 2132
  • Main Level Sq Ft: 1282
  • Sq Ft Above Grade: 1282
  • Sq Ft Below Grade Finishe: 850
  • Sq Ft Below Grade Total: 1282
  • Sq Ft Below Grade Unfinis: 432
  • Price Per Sq Ft: 148.99

Exterior Features

  • Exterior: Brick, Steel
  • Roof: Shingle

Garage/Parking

  • Garage Type: Attached
  • Driveway: Concrete
  • Garage Spaces: 2
  • Sq Ft Garage: 528

Utilities

  • Air Conditioning Type: Central
  • Flood Insurance: Not Required
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Softener: Included, Owned
  • Water Type: City

Schools

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

Lot Info

  • Acres: 0.2
  • Lot Sq Ft: 8549
  • Parcel Number: 980723354006000

Tax Info

  • Gross Taxes: 2791

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Dec 23, 2021
Sold by
Grout Philip E and Grout Megan L
Bought by
Carpenter Casey and Carpenter Samantha
Seller's Agent
Mike Pitts
Gustafson Realty
Buyer's Agent
Stephanie Zarr
EXIT Realty Midwest - Cherokee
List Price
$189,500
Sold Price
$191,000
Premium/Discount to List
$1,500
0.79%
Current Estimated Value
$244,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,915
Avg. Annual Appreciation
6.78%
Original Mortgage
$152,800
Outstanding Balance
$142,039
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$100,834

Purchase Details

Listed on
Apr 29, 2019
Closed on
Jun 20, 2019
Sold by
Paulsen Verdene A
Bought by
Grout Philip E
Seller's Agent
Charles Gustafson
Gustafson Realty
Buyer's Agent
Mike Pitts
Gustafson Realty
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$152,000
Interest Rate
4%
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
Carpenter Casey $191,000 Cook William D
Grout Philip E $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carpenter Casey $152,800
Previous Owner Grout Philip E $152,000
Previous Owner Paulsen Verdene A $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2021 12/27/21 Sold $191,000 +0.8% $90 / Sq Ft
11/13/2021 11/13/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $189,500 +18.4% $89 / Sq Ft
07/01/2019 07/01/19 Sold $160,000 -3.0% $75 / Sq Ft
05/24/2019 05/24/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $165,000 -- $77 / 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 $3,286 $205,560 $17,310 $188,250
2023 $2,616 $205,560 $17,310 $188,250
2022 $2,526 $146,210 $13,850 $132,360
2021 $2,526 $146,210 $13,850 $132,360
2020 $2,598 $146,210 $13,850 $132,360
2019 $2,750 $146,210 $0 $0
2018 $2,734 $149,244 $0 $0
2017 $2,734 $149,244 $0 $0
2016 $2,720 $149,244 $0 $0
2015 $2,356 $127,559 $0 $0
2014 $2,448 $127,559 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 815450

Northwest Iowa Regional Board of REALTORS®

APN: 7-23-354-006