NOT LISTED FOR SALE

505 Massman Dr Decorah, IA 52101

Estimated Value: $386,000 - $610,000

0.24 Acre
$2,177,383 Price per Acre
10,874 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $58,000 $19 Per Sq Ft

Est. 801% increase in value since last sale

Current estimated payment $2,947/month

About This Lot

As of October 2021

It's rocking in 'Decorah North'! Tom Massman Construction and Solar is developing his 3rd Decorah neighborhood, with approximately 30 home sites in City Limits! Tom Massman has built approximately 200 homes in the last 41 years so he knows a bit about the process. All City Services, current 5 year tax abatement. This development is open to all builders, Covenants do require the developers approval of exterior aesthetics. AND, these home sites were laid out with the your use of PV Solar in mind. Tom Massman has built approximately 200 homes in the last 41 years so he knows a bit about the process.

Last Agent to Sell the Property

Barbara Massman

Barbara Massman, Realtors-Decorah License #B34233 Listed on: 10/15/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,464

Lot Details

  • 10,874 Sq Ft Lot
  • Lot Dimensions are 87 x 125
  • Property is zoned R-3

Schools

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

Community Details

  • Built by Massman Construction and Solar Developer
  • Massman Subdivision

Listing and Financial Details

  • Assessor Parcel Number 110916600400

Property Details

Property Type

Land

Est. Annual Taxes

$1,464

Lot Details

0

Listing Details

  • Parcel Number: 110916600400
  • Property Sub-Type: Residential Lots
  • PropertyType: Land
  • ResoLotFeatures: School Bus Service, Buildable
  • Road Frontage Type: City Street, Hard Surface Road
  • Co List Office Phone: 563-380-8911
  • MLS Status: Closed
  • Subdivision Name: Massman Subdivision
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Two Family, Residential

Utilities

  • 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: 87 x 125
  • Lot Size Sq Ft: 10874
  • Additional Parcels: No

Building Info

  • Builder Name: Massman Construction and Solar Developer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 19, 2021
Sold by
Ragnarok Construction Llc
Bought by
Brockmeyer Allen P and Brockmeyer Barbara A
Seller's Agent
Alan Peake
Friest & Associates
List Price
$445,000
Sold Price
$445,000
Current Estimated Value
$522,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,572
Avg. Annual Appreciation
4.21%
Source: Public Records

Range of Values:

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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
Brockmeyer Allen P $445,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ragnarok Construction Llc $225,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $58,000 0.0% $19 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $58,000 -87.0% $19 / Sq Ft
07/21/2021 07/21/21 Sold $445,000 0.0% $148 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $445,000 -- $148 / 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 $1,464 $101,720 $54,150 $47,570
2023 $756 $101,720 $54,150 $47,570
2022 $3,012 $45,130 $45,130 $0
2021 $14 $149,280 $30,880 $118,400
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Barbara Massman

    Barbara Massman, Realtors-Decorah

    Section Image

  • A

    Seller's Agent in 2021

    Alan Peake

    Friest & Associates

    (563) 382-3227

    19 in this area

    24 Total Sales

    Alan Peake
    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20215017

Northeast Iowa Regional Board of REALTORS®

APN: 110916300100

Iowa Winneshiek County Decorah 52101

505 Massman Dr, Decorah, IA

This home is located at 505 Massman Dr, Decorah, IA 52101 since 15 October 2021 and is currently estimated at $522,572, approximately $174 per square foot. 505 Massman Dr is a home located in Winneshiek County with nearby schools including West Side Elementary School, John Cline 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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