NOT LISTED FOR SALE

505 N 1st St Elkader, IA 52043

Estimated Value: $120,000 - $133,884

3 Beds
1.5 Baths
1,727 Sq Ft
$74/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $116,000 $67 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $917/month

28 Days on Market

Highlights

  • Family Room with Fireplace
  • 1-Story Property
  • Water Softener
  • Shed
  • Forced Air Heating and Cooling System
  • Central Vacuum

About This Home

As of November 2018

This charming, ranch style house sits on a flat lot with a nice size back yard. It also has a one stall, attached garage, central air and heat tapes on the eaves. You’ll find 3 bedrooms on the main level. The bathroom has been updated with a walk in shower and heated bathroom floor. Plus a central vacuum system, Maytag stove with double ovens and a front load Whirlpool washer and dryer are also included. There’s a gas fireplace in the living room and a gas fireplace in the lower level family room. Don’t miss out on this exceptional property!

Last Listed By

Kenny Leonard

Ole's 5 Star Realty, LLC Listed on: 11/02/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,742

Year Built

  • Built in 1952

Lot Details

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

Home Design

  • Block Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Central Vacuum
  • Multiple Fireplaces
  • Window Treatments
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Parking Pad
  • Garage Drain

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 25-22-277-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,742

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: Refrigerator, Range/Oven, Dishwasher, Microwave, Garbage Disposal, Washer, Dryer, Central Vacuum, Water Softener
  • Fireplace: Two, Living Room, Family Room Down
  • Main Floor Bedrooms: 3
  • Bedroom 1: Size: 12 x 11, On Level: Main
  • Bedroom 2: Size: 11 x 9, On Level: Main
  • Bedroom 3: Size: 13 x 9, On Level: Main
  • Lower Levels Bathrooms: .5
  • Bathrooms Main: 1
  • Estimated Total Above Ground Sq Ft: 1152
  • Estimated Finished Sq Ft: 1727
  • Estimated Lower Sq Ft: 575
  • Estimated Main Sq Ft: 1152
  • Basement: Full
  • Dining Room: Size: 11 x 9, On Level: Main
  • Family Room Down: Size: 18 x 13, On Level: Lower
  • Kitchen: Size: 11 x 9, On Level: Main
  • Living Room: Size: 18 x 11, On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Other Room: Size: 9 x 15, On Level: Lower
  • Total Number of Bathrooms Areas: 2
  • Window Treatments Stay: Yes
  • Other Room 2: Size: 13 x 12, On Level: Lower

Exterior Features

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

Garage/Parking

  • Garage Capacity: 1
  • Garage Feature: Electricity, Floor Drain, Pad

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: 1742

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2024
Sold by
Hall Lynn
Bought by
Ward John A
Total Days on Market
28
Current Estimated Value
$127,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Outstanding Balance
$101,304
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$43,984

Purchase Details

Listed on
Nov 2, 2018
Closed on
Nov 28, 2018
Sold by
Welsh Jean L and Welsh Becky L
Bought by
Hall Lynn
Seller's Agent
Kenny Leonard
Ole's 5 Star Realty, LLC
Buyer's Agent
Joe Sylvester
Ole's 5 Star Realty, LLC
List Price
$119,900
Sold Price
$116,000
Premium/Discount to List
-$3,900
-3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%

Range of Values:

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Average Value
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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
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
11/30/2018 11/30/18 Sold $116,000 -3.3% $67 / Sq Ft
11/02/2018 11/02/18 For Sale $119,900 -- $69 / 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

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Source: East Central Iowa Association of REALTORS®

MLS Number: 136593

East Central Iowa Association of REALTORS®

APN: 22-25-22-277-003