NOT LISTED FOR SALE

505 S Lincoln St Lake Mills, IA 50450

Estimated Value: $103,000 - $136,000

2 Beds
2 Baths
880 Sq Ft
$133/Sq Ft Est. Value

Last Sold January 01, 2016

Last sale price $46,000 $52 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $735/month

138 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Concrete Block With Brick
  • Lake Mills Elementary School Rated A-
  • 1 Car Attached Garage
  • Living Room

About This Home

As of January 2016

505 South Lincoln Location to Lake Mills school is Perfect! Smaller home with living all on the Main floor. Well cared for home with 1-2 bedrooms, efficient galley kitchen, nice sized living room, walk out basement, 3/4 basement bath, permanent siding, enclosed back porch, and updated mechanics. Needs some TLC - call to see this home with Tim or Pat today!

Last Agent to Sell the Property

Pat Lovik

Missal Insurance & Realty Listed on: 07/16/2015

Last Buyer's Agent

Tim Missal

Missal Insurance & Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $956

Year Built

  • Built in 1940

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x132

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Concrete Block With Brick
  • Asphalt Shingled Roof

Interior Spaces

  • 880 Sq Ft Home
  • Living Room
  • Carpet
  • Walk-Out Basement

Kitchen

  • Built-In Oven
  • Range Hood

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$956

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Copyright Remarks: Yes
  • Municipality: Lake Mills
  • Year Built: 1940
  • OFFICELIST_ADDRESS: 505 S Lincoln
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2015-07-16
  • List Office I D: 905
  • M L Number Foreign: NCIR62017070
  • Sales Office I D: 905
  • Selling Agent: 4018
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Building Style: Ranch
  • Special Features: None

Interior Features

  • Appliances: Wall Oven, Exhaust Fan/Hood
  • Flooring: Carpet
  • Bedrooms: 2
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: No
  • Bedroom 4: No
  • Total Bathrooms: 2
  • Basement: Walkout, Concrete Block
  • Dining Room: No
  • Family Room: No
  • Kitchen: Kitchen
  • Kitchen Dim: 9 x 12
  • Living Room: Living Room
  • Price Per S Q F T: 52.27
  • Above Grade Finished Sq Ft: 880
  • Fireplace: No
  • Room Types: Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Bedroom 1, Bedroom 4, Kitchen, Living Room, Bedroom 2, Bedroom 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Road Frontage: Paved Streets
  • Roof: Asphalt Shingles

Garage/Parking

  • Description: Attached Garage

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 1
  • Heating: Forced Air

Condo/Co-op/Association

  • Amenities: Porch

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Lake Mills

Lot Info

  • New Develop: No
  • Acres: 0.2
  • Lot Dimensions: 66 X132
  • Lot Size Sq Ft: 8712
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Tax Info

  • Gross Taxes: 956

MLS Schools

  • School District: 3420 - Lake Mills
  • School District Name: Lake Mills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2015
Closed on
Dec 18, 2015
Sold by
Johnson Lois M and Felland Richard A
Bought by
Harang Raymond G
Seller's Agent
Pat Lovik
Missal Insurance & Realty
Buyer's Agent
Tim Missal
Missal Insurance & Realty
List Price
$69,900
Sold Price
$46,000
Premium/Discount to List
-$23,900
-34.19%
Current Estimated Value
$116,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,945
Avg. Annual Appreciation
8.10%
Original Mortgage
$36,800
Outstanding Balance
$17,158
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$80,534
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
Harang Raymond G $46,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harang Raymond G $36,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2016 01/01/16 Sold $46,000 -34.2% $52 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $69,900 -- $79 / Sq Ft
Source: NoCoast MLS

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 $1,174 $89,770 $15,840 $73,930
2023 $1,298 $89,770 $15,840 $73,930
2022 $1,168 $77,630 $13,930 $63,700
2021 $1,218 $77,630 $13,930 $63,700
2020 $1,222 $73,940 $13,270 $60,670
2019 $1,220 $73,940 $13,270 $60,670
2018 $1,174 $70,420 $12,640 $57,780
2017 $1,174 $70,420 $12,640 $57,780
2016 $1,222 $65,560 $0 $0
2015 $1,222 $62,440 $0 $0
2014 $982 $62,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pat Lovik

    Seller's Agent in 2016

    Pat Lovik

    Missal Insurance & Realty

    (641) 582-4524

    63 Total Sales

    Pat Lovik
    Section Image

  • T

    Buyer's Agent in 2016

    Tim Missal

    Missal Insurance & Realty

    (641) 582-3554

    11 Total Sales

    Tim Missal
    Section Image
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Map

Source: NoCoast MLS

MLS Number: NOC5440143

NoCoast MLS

APN: 0811129005

Iowa Winnebago County Lake Mills 50450

505 S Lincoln St, Lake Mills, IA

This home is located at 505 S Lincoln St, Lake Mills, IA 50450 since 16 July 2015 and is currently estimated at $116,945, approximately $132 per square foot. This property was built in 1940. 505 S Lincoln St is a home located in Winnebago County with nearby schools including Lake Mills Elementary School, Lake Mills Middle School, and Lake Mills Senior High 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.

NoCoast MLS 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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