NOT LISTED FOR SALE

502 Oak St NE Elkader, IA 52043

Estimated Value: $111,000 - $141,000

3 Beds
2 Baths
2,132 Sq Ft
$58/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $95,000 $45 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $799/month

About This Home

As of April 2024

This is a 2 story, 3 bedroom, 2 bath home that sits on a double lot. This home has a large living room, dining room, kitchen, office space and full bath on the main level. The upper level has 3 bedrooms, full bath and access to the attic. There is a bonus room that is currently being used as a gym but could be family room or man cave. Forced air heat and air conditioning along with a 2 car garage, vinyl siding and a steel roof.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Mar 27, 2024
Sold by
Steen Anthony Lee and Steen Sally
Bought by
Thompson Peter Wayne and Thompson Tiffany Marie
Seller's Agent
Joe Sylvester
Ole's 5 Star Realty, LLC
Buyer's Agent
Jeffrey Marcks
EXIT Realty Driftless Group
List Price
$119,900
Sold Price
$95,000
Premium/Discount to List
-$24,900
-20.77%
Views
297
Current Estimated Value
$124,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,178
Avg. Annual Appreciation
19.27%
Original Mortgage
$75,000
Outstanding Balance
$56,253
Interest Rate
6.77%
Mortgage Type
Construction
Estimated Equity
$67,925

Purchase Details

Listed on
Apr 19, 2019
Closed on
Sep 29, 2019
Sold by
Sherman Joshua W and Sherman Jenifer J
Bought by
Lee-Steen Anthony and Steen Bonnie
Seller's Agent
Carol Thomas-Schlee
Century 21 Signature Real Estate - Oelwein
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%

Purchase Details

Closed on
May 6, 2014
Sold by
Cooper Eugene D and Cooper Karen A
Bought by
Sherman Joshua W and Wille Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,100
Interest Rate
4.34%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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ICE

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Quantarium

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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
Thompson Peter Wayne $95,000 None Listed On Document
Thompson Peter Wayne $95,000 None Listed On Document
Lee-Steen Anthony $65,000 --
Sherman Joshua W $49,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Peter Wayne $75,000
Closed Thompson Peter Wayne $75,000
Previous Owner Sherman Joshua W $44,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2024 04/01/24 Sold $95,000 -20.8% $45 / Sq Ft View Prior Sale
02/21/2024 02/21/24 Pending -- -- --
12/04/2023 12/04/23 For Sale $119,900 0.0% $56 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
09/14/2023 09/14/23 Price Changed $119,900 -7.7% $56 / Sq Ft
08/21/2023 08/21/23 Price Changed $129,900 -13.3% $61 / Sq Ft
07/26/2023 07/26/23 Price Changed $149,900 -6.3% $70 / Sq Ft
07/11/2023 07/11/23 Price Changed $159,900 -3.6% $75 / Sq Ft
06/19/2023 06/19/23 For Sale $165,900 +155.2% $78 / Sq Ft
10/02/2019 10/02/19 Sold $65,000 0.0% $29 / Sq Ft View Prior Sale
09/09/2019 09/09/19 Pending -- -- --
08/28/2019 08/28/19 Price Changed $65,000 -5.8% $29 / Sq Ft
07/01/2019 07/01/19 Price Changed $69,000 -8.0% $31 / Sq Ft
04/19/2019 04/19/19 For Sale $75,000 -- $33 / Sq Ft

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 $1,668 $117,680 $17,131 $100,549
2023 $1,526 $83,878 $17,131 $66,747
2022 $1,412 $67,350 $15,574 $51,776
2021 $1,294 $67,350 $15,574 $51,776
2020 $1,294 $64,547 $15,574 $48,973
2019 $1,376 $64,547 $15,574 $48,973
2018 $1,376 $60,824 $15,574 $45,250
2017 $1,422 $60,824 $15,574 $45,250
2015 $1,566 $57,020 $19,034 $37,986
2014 $1,474 $68,261 $19,034 $49,227
Source: Public Records

Agents Affiliated with this Home

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