NOT LISTED FOR SALE

505 1st St NW Elkader, IA 52043

Estimated Value: $124,000 - $161,000

3 Beds
1.5 Baths
2,304 Sq Ft
$61/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $120,000 $52 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $954/month

13 Days on Market

Highlights

  • Family Room with Fireplace
  • Shed
  • Forced Air Heating and Cooling System
  • Parking Storage or Cabinetry
  • 1-Story Property
  • Central Vacuum

About This Home

As of March 2024

This home is a 3 bedroom ranch in beautiful Elkader. 1 block from Central Community Schools, 4 blocks for downtown Elkader. All 3 bedrooms are on the main level, with the full bath, kitchen, dining room and spacious living room with a gas fireplace. Newer vinyl double hung windows through out the main level. The lower level has a family room with another gas fireplace, laundry room, 1/2 bath, 1 non conforming bedroom and a storage room. It has a single car garage, newer fully fenced in backyard with an utility shed and landscape around the whole property.

Last Agent to Sell the Property

Joe Sylvester

Ole's 5 Star Realty, LLC Listed on: 01/21/2024

Last Buyer's Agent

Joe Sylvester

Ole's 5 Star Realty, LLC Listed on: 01/21/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,694

Year Built

  • Built in 1952

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 66' x 120'
  • Fenced

Home Design

  • Block Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Central Vacuum
  • Window Treatments
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Car Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 25-22-277-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,694

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Style2: 1 Story
  • Type: Single Family - Detached
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Microwave, Central Vacuum
  • Fireplace: Family Room Down, Living Room
  • Main Floor Bedrooms: 3
  • Bedroom 1: Size: 13' x 11', On Level: M
  • Bedroom 2: Size: 9'4 x 11', On Level: M
  • Bedroom 3: Size: 9' x 13', On Level: M
  • Lower Levels Bathrooms: 0.5
  • Bathrooms Main: 1
  • Estimated Total Above Ground Sq Ft: 1152
  • Estimated Finished Sq Ft: 2304
  • Estimated Lower Sq Ft: 1152
  • Estimated Main Sq Ft: 1152
  • Basement: Full
  • Dining Room: Size: 9'x13'10, On Level: M
  • Kitchen: Size: 9'4 x11'10, On Level: M
  • Living Room: Size: 18'11x12', On Level: M
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Number of Bathrooms Areas: 2
  • Window Treatments Stay: Yes

Exterior Features

  • Exterior Features: Public Sidewalk, Shed, Fence
  • Foundation: Block
  • Roof: Asp/Composite Shngl
  • Siding: Vinyl
  • Siding Color: Gray

Garage/Parking

  • Garage Capacity: 1
  • Garage Feature: Cabinets, Electricity, Remote Garage Door Opener

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas
  • Heat Type: Forced Air
  • Laundry: Lower
  • Sewer: Public
  • Water: Public

Schools

  • Elementary School: Elkader - Central
  • Middle School: Elkader-Central
  • High School: Elkader-Central

Lot Info

  • Lot Size: 66' x 120'
  • Number Of Acres: 0.18
  • Parcel Id Number: 25-22-277-003
  • Zoning: Residential

Tax Info

  • Gross Taxes: 2694

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2024
Closed on
Mar 28, 2024
Sold by
Hall Lynn
Bought by
Ward John A
Seller's Agent
Joe Sylvester
Ole's 5 Star Realty, LLC
Buyer's Agent
Joe Sylvester
Ole's 5 Star Realty, LLC
List Price
$129,000
Sold Price
$120,000
Premium/Discount to List
-$9,000
-6.98%
Total Days on Market
13
Views
31
Current Estimated Value
$140,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,873
Avg. Annual Appreciation
14.05%
Original Mortgage
$102,000
Outstanding Balance
$100,944
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$39,929

Purchase Details

Closed on
Nov 28, 2018
Sold by
Welsh Jean L and Welsh Becky L
Bought by
Hall Lynn
Source: Public Records

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Range of Values:

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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
Ward John A $120,000 None Listed On Document
Hall Lynn $116,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward John A $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $120,000 -7.0% $52 / Sq Ft
02/03/2024 02/03/24 Pending -- -- --
01/21/2024 01/21/24 For Sale $129,000 -- $56 / Sq Ft
Source: East Central Iowa Association 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 $2,478 $126,574 $10,890 $115,684
2023 $2,462 $126,574 $10,890 $115,684
2022 $2,278 $103,179 $9,900 $93,279
2021 $2,040 $103,179 $9,900 $93,279
2020 $2,040 $96,798 $9,900 $86,898
2019 $1,578 $96,798 $9,900 $86,898
2018 $1,578 $81,576 $9,900 $71,676
2017 $1,548 $81,576 $9,900 $71,676
2015 $1,346 $70,739 $10,890 $59,849
2014 $1,260 $70,739 $10,890 $59,849
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Central Iowa Association of REALTORS®

MLS Number: 148719

East Central Iowa Association of REALTORS®

APN: 22-25-22-277-003