NOT LISTED FOR SALE

505 W Cherry St Cherokee, IA 51012

Estimated Value: $124,000 - $226,000

4 Beds
2 Baths
1,879 Sq Ft
$94/Sq Ft Est. Value

Last Sold January 05, 2018

Last sale price $119,000 $63 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,131/month

120 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Eat-In Kitchen
  • Cherokee Middle School Rated 9+
  • 1 Car Detached Garage
  • Patio

About This Home

As of January 2018

This home is centrally located in Cherokee and move in ready. It boasts four bedrooms and two bathrooms with the laundry on the main floor and a great room. The Kitchen is spacious and includes modern appliances. There is a deck that provides nice out-door entertaining space. The finished room in the basement is large and and quite the bonus room that could be used for many different things. This home has been well kept and is maintenance free.

Last Agent to Sell the Property

Stephanie Zarr

EXIT Realty Midwest - Cherokee License #S62870 Listed on: 08/23/2017

EXIT Realty Midwest - Cherokee

Last Buyer's Agent

Stephanie Zarr

EXIT Realty Midwest - Cherokee License #S62870 Listed on: 08/23/2017

EXIT Realty Midwest - Cherokee

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,590

Year Built

  • Built in 1900

Lot Details

  • 7,500 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 1,879 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Water Softener
  • Internet Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,590

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: Ranch
  • Legal Description: E50' LOT2 BLK 4 TOWN LOT 5TH ADD6708 Exact legal per abstract and warranty deed.
  • Not Included: Washer and Dryer
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Included: Blinds/Shades,Ceiling Fan,Drapes/Curtains
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Basement: Full
  • Sq Ft Above Grade: 1879
  • Price Per Sq Ft: 63.33
  • Price Per Sq Ft: 63.33

Exterior Features

  • Exterior: Aluminum

Garage/Parking

  • Garage Type: Detached
  • Internet: Yes
  • Garage Spaces: 1

Utilities

  • Air Conditioning Type: Central
  • Fuel Type: Natural Gas
  • Sewer Type: City
  • Water Softener: Included
  • Water Type: City

Association/Amenities

  • Amenities: Deck, Eat-In Kitchen, Patio

Lot Info

  • Acres: 0.17
  • Lot Sq Ft: 7500.00

Tax Info

  • Gross Taxes: 1590

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2017
Closed on
Jan 5, 2018
Sold by
Lockwood Craig and Lockwood Lorrie
Bought by
Balgos Christopher Palugmi and Rodriguez Alma Patricia Mateos
Seller's Agent
Stephanie Zarr
EXIT Realty Midwest - Cherokee
Buyer's Agent
Stephanie Zarr
EXIT Realty Midwest - Cherokee
List Price
$123,000
Sold Price
$119,000
Premium/Discount to List
-$4,000
-3.25%
Current Estimated Value
$177,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,042
Avg. Annual Appreciation
5.87%
Original Mortgage
$116,844
Outstanding Balance
$99,645
Interest Rate
3.9%
Mortgage Type
FHA
Estimated Equity
$84,893
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
Balgos Christopher Palugmi $119,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balgos Christopher Palugmi $116,844
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2018 01/05/18 Sold $119,000 -3.3% $63 / Sq Ft
12/21/2017 12/21/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $123,000 -- $65 / Sq Ft
Source: Northwest 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 $2,252 $145,920 $11,250 $134,670
2023 $2,282 $145,920 $11,250 $134,670
2022 $1,824 $107,990 $8,750 $99,240
2021 $1,824 $107,990 $8,750 $99,240
2020 $2,166 $107,990 $8,750 $99,240
2019 $2,278 $107,990 $0 $0
2018 $1,688 $80,460 $0 $0
2017 $1,422 $80,460 $0 $0
2016 $1,768 $80,460 $0 $0
2015 $1,190 $68,769 $0 $0
2014 $1,190 $68,769 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Zarr

    Seller's Agent in 2018

    Stephanie Zarr

    EXIT Realty Midwest - Cherokee

    (712) 229-1854

    141 in this area

    188 Total Sales

    Stephanie Zarr
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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 44019314

Northwest Iowa Regional Board of REALTORS®

APN: 7-27-385-007

Iowa Cherokee County Cherokee 51012

505 W Cherry St, Cherokee, IA

This home is located at 505 W Cherry St, Cherokee, IA 51012 since 23 August 2017 and is currently estimated at $177,042, approximately $94 per square foot. This property was built in 1900. 505 W Cherry St is a home located in Cherokee County with nearby schools including Cherokee Elementary School, Cherokee Middle School, and Washington 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.

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

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