NOT LISTED FOR SALE

505 South St Ridgeway, IA 52165

Estimated Value: $168,000 - $212,000

3 Beds
1 Bath
1,142 Sq Ft
$161/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $133,000 $116 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,164/month

7 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Ceiling Fan
  • Covered Patio or Porch
  • Water Softener
  • Heating System Uses Steam

About This Home

As of November 2021

Located only 10 miles from Decorah, this home has a price that's hard to beat. Offering character and coziness, this 3 bedroom home will fits the needs of many buyers. The main floor consists of the living room with beautiful wood pillars, an oak kitchen and good sized dining room. With large open entries between each room it makes for easy conversations. Going up craftsman style stairs to the second level you will find three bedrooms (all large enough for a queen bed) and a full updated bathroom. The largest of the bedrooms offers great his & her closets! Although the basement is unfinished it is bright and it offers a great place for storage. The outside living spaces include a front covered porch and a rear wood deck with built-in seating and exterior speakers. The backyard is adjacent to a field so having no neighbors to the rear makes you feel like you are living in country. The lot is 1/3 acre and offers lots of room for kids and/or animals to run around. This property also has a two car garage that has recently been insulated and heated! Owners built a small shed as well for all the yard stools. If this home was located in Decorah, it would cost tens of thousands of dollars more so if you are in the market, take the short drive to the community of Ridgeway to check out this great home.

Last Agent to Sell the Property

Emily Koch

Koch Real Estate License #CR02593 / B62992 Listed on: 08/27/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,680

Year Built

  • Built in 1920

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 64 x 204
  • Level Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,142 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Sump Pump
  • Fire and Smoke Detector
  • Laundry on lower level

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Heated Garage

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Storage Shed

Schools

  • Howard Winneshiek Elementary And Middle School
  • Howard Winneshiek High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Electric Water Heater
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 092325303600

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,680

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Parcel Number: 092325303600
  • Year Built: 1920
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.31
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 563-568-0011
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan/Light, Pantry, Sliding Glass Door
  • Reso Roof: Shingle
  • TotalFinishedSquareFootage: 1142
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dishwasher, Disposal, Microwave Built In, Sump Pump, Refrigerator, Electric Water Heater, Water Softener
  • Basement: Block, Floor Drain, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • BelowGradeArea: 672

Exterior Features

  • Construction Type: Wood Siding
  • Exterior Features: Deck, Porch-Covered, Storage Shed

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage, Heated Garage

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gas, Steam
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Howard Winneshiek
  • High School: Howard Winneshiek
  • Middle Or Junior School: Howard Winneshiek

Lot Info

  • Zoning: none
  • Lot Dimensions: 64 x 204
  • Lot Size Sq Ft: 13524
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1680

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2025
Sold by
Olsgard Jeremy
Bought by
Olsgard Mason and Olsgard Meika
Current Estimated Value
$184,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$266,224
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$107,216

Purchase Details

Listed on
Aug 27, 2021
Closed on
Oct 24, 2021
Sold by
Christophersen Bryan D and Christophersen Samantha L
Bought by
Olsgard Jeremy
Seller's Agent
Emily Koch
Koch Real Estate
List Price
$139,000
Sold Price
$133,000
Premium/Discount to List
-$6,000
-4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$135,000
Interest Rate
2.88%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 10, 2016
Closed on
Sep 26, 2016
Sold by
Sorenson Amy L
Bought by
Christophersen Bryan D and Christophersen Samantha L
Seller's Agent
Jayme Folkedahl
Kelly Real Estate Inc
List Price
$112,900
Sold Price
$100,000
Premium/Discount to List
-$12,900
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%

Purchase Details

Closed on
Aug 21, 2013
Sold by
Weideman Kenneth J and Weideman Lisa M
Bought by
Sorenson Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Interest Rate
4.39%
Mortgage Type
FHA
Source: Public Records

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
Olsgard Mason $119,500 None Listed On Document
Olsgard Jeremy $133,000 None Listed On Document
Christophersen Bryan D $100,000 None Available
Sorenson Amy L $97,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olsgard Mason $270,000
Previous Owner Olsgard Jeremy M $135,000
Previous Owner Olsgard Jeremy $135,000
Previous Owner Sorenson Amy L $87,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $133,000 -4.3% $116 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $139,000 +39.0% $122 / Sq Ft
09/30/2016 09/30/16 Sold $100,000 -11.4% $88 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $112,900 -- $99 / 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 $2,170 $129,110 $11,200 $117,910
2023 $1,990 $129,110 $11,200 $117,910
2022 $1,790 $111,820 $9,330 $102,490
2021 $1,704 $106,540 $9,330 $97,210
2020 $1,704 $98,760 $9,330 $89,430
2019 $1,610 $98,760 $0 $0
2018 $1,538 $98,760 $0 $0
2017 $1,378 $85,670 $0 $0
2016 $1,326 $85,670 $0 $0
2015 $1,264 $82,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20214187

Northeast Iowa Regional Board of REALTORS®

APN: 092325303600