NOT LISTED FOR SALE

505 E Amherst St Marcus, IA 51035

Estimated Value: $105,000 - $136,000

2 Beds
2 Baths
1,635 Sq Ft
$78/Sq Ft Est. Value

Last Sold July 03, 2018

Last sale price $69,500 $43 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $760/month

61 Days on Market

Highlights

  • Ranch Style House
  • Patio
  • Hot Water Heating System
  • 2 Car Detached Garage
  • Living Room

About This Home

As of July 2018

This is a home that has had a lot of updates done in 2013 Very nice 2 bedroom home, with open concept kitchen, dining and living room, office room, large family room and full bath and extra bath and main floor laundry. It has a back patio with roof. Detached 2 car garage and a carport on the front of home. This home is move in ready and the updates have been done . This is priced knowing that there are also more updating that do need to be done. This is a Must See home!

Last Agent to Sell the Property

Laura Letsche

Farmers State Bank License #B58625 Listed on: 05/03/2018

Last Buyer's Agent

Laura Letsche

Farmers State Bank License #B58625 Listed on: 05/03/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $654

Year Built

  • Built in 1950

Lot Details

  • 9,860

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Exterior

Interior Spaces

  • 1,635 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Water Softener Leased
  • Internet Available

Additional Features

  • Patio
  • 9,860 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$654

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: Ranch
  • Legal Description: W 68' Lot 6 of Lot 1 Blk 2 Fenton Add
  • Year Built: 1950
  • 13: Name: Living, On Level: Main, Size: 23 x 15, Area = 345
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Included: Blinds/Shades,Dryer Electric,Washer,Window A/C
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Innovia Half Bathrooms: 1
  • Main Level Rooms: 3/4 Bath, Kitchen, Living, Master
  • Total Sq Ft: 1635
  • Sq Ft Above Grade: 1635
  • Price Per Sq Ft: 40.06

Exterior Features

  • Exterior: Block, Wood Lap

Garage/Parking

  • Garage Type: Detached
  • Internet: Yes
  • Garage Spaces: 2

Utilities

  • Air Conditioning Type: Window
  • Heat Type: Hot Water
  • Sewer Type: City
  • Water Softener: Rented
  • Water Type: City

Association/Amenities

  • Amenities: Patio

Lot Info

  • Acres: 0.23
  • Lot Sq Ft: 9860.00

Tax Info

  • Gross Taxes: 654
  • N W I A Tax I D: 0504230025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
Jun 29, 2018
Sold by
Henke Justin
Bought by
Schwarz Meranda J
Seller's Agent
Laura Letsche
Farmers State Bank
Buyer's Agent
Laura Letsche
Farmers State Bank
List Price
$65,500
Sold Price
$69,500
Premium/Discount to List
$4,000
6.11%
Current Estimated Value
$127,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,706
Avg. Annual Appreciation
8.38%
Original Mortgage
$67,415
Outstanding Balance
$58,433
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$68,773

Purchase Details

Closed on
Jun 13, 2013
Sold by
Gates Danny A and Gates Rhonda
Bought by
Henke Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,825
Interest Rate
3.34%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Schwarz Meranda J $69,500 None Available
Henke Justin $33,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwarz Meranda J $67,415
Previous Owner Henke Justin $31,825
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2018 07/03/18 Sold $69,500 +6.1% $43 / Sq Ft
05/03/2018 05/03/18 For Sale $65,500 -- $40 / 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
2025 $1,130 $96,590 $10,100 $86,490
2024 $1,130 $90,470 $10,100 $80,370
2023 $894 $90,470 $10,100 $80,370
2022 $904 $63,640 $10,100 $53,540
2021 $904 $63,640 $10,100 $53,540
2020 $882 $63,640 $10,100 $53,540
2019 $622 $46,360 $0 $0
2018 $500 $39,224 $0 $0
2017 $512 $39,224 $0 $0
2016 $524 $39,224 $0 $0
2015 $454 $33,525 $0 $0
2014 $454 $45,463 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 44020073

Northwest Iowa Regional Board of REALTORS®

APN: 5-04-230-025