NOT LISTED FOR SALE

506 Jefferson St Decorah, IA 52101

Estimated Value: $204,652 - $282,000

6 Beds
3 Baths
1,956 Sq Ft
$126/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $165,000 $84 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,557/month

8 Days on Market

About This Home

As of December 2021

Great investment property! Live in one unit yourself and pay the mortgage with the rents from the other two. Main level unit has 3 bdrms/1 bath; upper unit has 2 bdrms, 1 bath; rear unit has 1 bdrm, 1 bath. Located near schools, churches & walking distance to downtown. Roof, siding & windows new in 2014.

Last Agent to Sell the Property

Ron Juve

Kelly Real Estate Inc License #S11849 Listed on: 10/27/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,734

Year Built

  • Built in 1870

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100 x 123

Home Design

  • Triplex
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Stone Basement

Parking

  • 3 Open Parking Spaces
  • Parking Available

Schools

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, heat, water
  • Assessor Parcel Number 111645200600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,734

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Parcel Number: 111645200600
  • Year Built: 1870
  • Property Sub-Type: Triplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: None
  • Co List Office Phone: 563-382-8406
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1956
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Stone/Rock
  • Below Grade Sq Ft: 484

Exterior Features

  • Construction Type: Wood Siding
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 3
  • Parking Features: Detached, Parking Area

Utilities

  • Cooling: None
  • Sewer: City Sewer
  • Utilities: Gas Individual Meters, Separate Meters, Water - Multiple Meters
  • 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: 100 X 123
  • Lot Size Sq Ft: 12300

Rental Info

  • Tenant Pays: Electricity, Gas, Heat, Water
  • Lease Term: Month To Month

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2734

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Dec 14, 2021
Sold by
Timp Kayla S
Bought by
Blake Brandon A and Blake Alison M
Seller's Agent
Ron Juve
Kelly Real Estate Inc
List Price
$199,000
Sold Price
$165,000
Premium/Discount to List
-$34,000
-17.09%
Current Estimated Value
$247,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,163
Avg. Annual Appreciation
10.52%
Original Mortgage
$123,750
Outstanding Balance
$113,552
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$133,611

Purchase Details

Listed on
Nov 7, 2017
Closed on
Dec 20, 2017
Sold by
Novak Crystal
Bought by
Timp Kayla S
Seller's Agent
Tade Kerndt
Viking Realtors
List Price
$134,900
Sold Price
$121,000
Premium/Discount to List
-$13,900
-10.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$91,500
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Blake Brandon A $165,000 None Listed On Document
Timp Kayla S $122,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blake Brandon A $123,750
Previous Owner Timp Kayla S $91,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2021 12/16/21 Sold $165,000 -17.1% $84 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $199,000 +64.5% $102 / Sq Ft
01/08/2018 01/08/18 Sold $121,000 0.0% $62 / Sq Ft View Prior Sale
11/30/2017 11/30/17 Off Market $121,000 -- --
11/07/2017 11/07/17 For Sale $134,900 -- $69 / 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
2025 $3,144 $198,510 $42,040 $156,470
2024 $3,144 $167,000 $42,040 $124,960
2023 $3,402 $167,000 $42,040 $124,960
2022 $2,642 $163,270 $35,040 $128,230
2021 $2,734 $111,130 $35,040 $76,090
2020 $2,734 $111,130 $35,040 $76,090
2019 $2,716 $103,040 $0 $0
2018 $2,940 $103,040 $0 $0
2017 $3,132 $103,040 $0 $0
2016 $3,300 $103,040 $0 $0
2015 $3,436 $103,040 $0 $0
2014 $3,436 $103,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Ron Juve

    Kelly Real Estate Inc

    (563) 379-0927

    10 in this area

    14 Total Sales

    Ron Juve
    Section Image
  • Tade Kerndt

    Seller's Agent in 2018

    Tade Kerndt

    Viking Realtors

    (563) 380-1415

    27 in this area

    66 Total Sales

    Tade Kerndt
    Section Image
See All Agents

Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20215136

Northeast Iowa Regional Board of REALTORS®

APN: 111645200600

Iowa Winneshiek County Decorah 52101

506 Jefferson St, Decorah, IA

Not Listed for Sale

MultiFamily

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.

Nearby Homes