NOT LISTED FOR SALE

505 E Main St Decorah, IA 52101

Estimated Value: $114,000 - $160,711

2 Beds
1.5 Baths
922 Sq Ft
$147/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $72,000 $78 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $886/month

21 Days on Market

Highlights

  • City View
  • Porch
  • Forced Air Heating System
  • Decorah Middle School Rated A
  • Laundry Room
  • Ceiling Fan

About This Home

As of July 2018

Pending Status, Continuing to show and take backup offers until contingencies are released from the current offer. Affordable 2 Bedroom, 1 & 1/2 bath Brick home with stucco exterior along E. Main St. Easy access to schools, businesses and entertainment options in Decorah. Includes a full set of appliances and a 1 year HSA home Warranty ( see warranty brochure for complete details). Storage shed in rear of lot is included, Lot has off-street parking area with access from an alleyway. 1/2 bath is on the main level with a full bath upstairs along with 2 bedrooms up. Laundry ( includes near new commercial grade Maxima series Maytag steam washer and electric dryer units) in lower level with partially finished bonus room with a concrete floor. Rear mudroom area 4 X 8 as you come in from the yard and patio to hang your jackets up / store your boots with the half bath to your left as you enter the main living area. Gas and electric bills have been below $90/ mo. even-pay. 100 amp breaker box in the basement. There is fresh paint throughout much of the interior, HSA 1 year warranty included by seller on a full-priced offer. Hard to find a entry level priced home this clean and neat on E. Main St. and be under $80K ! Majority of the home has structural brick on exterior walls all the way up to soffit and facia of the second story, history with a dry basement.

Last Listed By

William Stoen

Cedar Valley Property Solutions - Decorah License #B4138600 Listed on: 04/11/2018

Cedar Valley Property Solutions - Decorah

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,214

Year Built

  • Built in 1900

Lot Details

  • 4,305 Sq Ft Lot
  • Lot Dimensions are 35 x 123
  • Level Lot
  • Property is zoned R-3

Parking

  • Workshop in Garage

Home Design

  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 922 Sq Ft Home
  • Ceiling Fan
  • City Views
  • Partially Finished Basement
  • Stone Basement
  • Fire and Smoke Detector
  • Free-Standing Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Storage Shed
  • Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Original Decorah Subdivision

Listing and Financial Details

  • Assessor Parcel Number 111531500300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,214

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Parcel Number: 111531500300
  • Year Built: 1900
  • Property Sub-Type: Single Family Residence
  • ResoLaundryFeatures: Dryer Hookup-Gas, Laundry Room, Lower Level, Washer Hookup
  • ResoLotFeatures: Level, City View
  • Lot Size Acres: 0.1
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Alley
  • Co List Office Phone: 563-382-8290
  • MLS Status: Closed
  • Subdivision Name: Original Decorah
  • Reso Fireplace Features: None
  • Reso Roof: Shingle
  • TotalFinishedSquareFootage: 922
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dryer, Free-Standing Range, Refrigerator, Washer, Gas Water Heater
  • Basement: Stone/Rock, Partially Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 384

Exterior Features

  • Construction Type: Wood Siding, Stucco
  • Exterior Features: Sidewalk, Porch-4 Season, Storage Shed

Garage/Parking

  • Parking Features: Workshop in Garage

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

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: 35 X 123
  • Lot Size Sq Ft: 4305
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1214

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2018
Closed on
Jul 27, 2018
Sold by
Thomas Julia and Kirton Glenn
Bought by
Martin-Hiner Jason J and Martin-Hiner Karin L
Seller's Agent
William Stoen
Cedar Valley Property Solutions - Decorah
List Price
$79,900
Sold Price
$72,000
Premium/Discount to List
-$7,900
-9.89%
Total Days on Market
21
Current Estimated Value
$135,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,428
Avg. Annual Appreciation
9.62%
Original Mortgage
$57,600
Outstanding Balance
$34,703
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$100,725

Purchase Details

Closed on
Jun 15, 2017
Sold by
Thomas Howard R and Thomas Margaret D
Bought by
Thomas Julia and Kirton Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,850
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Martin-Hiner Jason J $72,000 --
Thomas Julia $52,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin-Hiner Jason J $57,600
Previous Owner Thomas Julia $26,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2018 07/27/18 Sold $72,000 0.0% $78 / Sq Ft
05/05/2018 05/05/18 Off Market $72,000 -- --
04/11/2018 04/11/18 For Sale $79,900 -- $87 / 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 $1,552 $96,330 $15,440 $80,890
2023 $1,542 $96,330 $15,440 $80,890
2022 $1,386 $82,920 $12,860 $70,060
2021 $1,318 $77,660 $12,860 $64,800
2020 $1,318 $72,720 $12,860 $59,860
2019 $1,284 $72,720 $0 $0
2018 $1,290 $72,720 $0 $0
2017 $1,214 $57,890 $0 $0
2016 $1,196 $57,890 $0 $0
2015 $1,142 $55,300 $0 $0
2014 $1,142 $55,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Stoen

    Seller's Agent in 2018

    William Stoen

    Cedar Valley Property Solutions - Decorah

    (563) 419-1398

    5 Total Sales

    William Stoen
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20181767

Northeast Iowa Regional Board of REALTORS®

APN: 111531500300

Iowa Winneshiek County Decorah 52101

505 E Main St, Decorah, IA

This home is located at 505 E Main St, Decorah, IA 52101 since 11 April 2018 and is currently estimated at $135,428, approximately $146 per square foot. This property was built in 1900. 505 E Main St is a home located in Winneshiek County with nearby schools including John Cline Elementary School, West Side Elementary School, and Carrie Lee Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northeast Iowa Regional Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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