NOT LISTED FOR SALE

506 S Mechanic St Unit 4 Decorah, IA 52101

Estimated Value: $190,409 - $305,000

2 Beds
1 Bath
1,078 Sq Ft
$125/mo HOA Fee

Last Sold May 09, 2022

Last sale price $157,000 $146 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,647/month

44 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Water Softener
  • Decorah Middle School Rated A
  • Forced Air Heating and Cooling System
  • Ceiling Fan

About This Home

As of May 2022

2 bdrm, 1 bath upper level condo located within walking distance to all the activities downtown, including the trail. Includes all kitchen appliances and new stackable washer & dryer. $125/mo. association fee includes snow removal, lawn mowing and trimming. Shared basement common space. Very well maintained - move-in ready!

Last Listed By

Jayme Folkedahl

Kelly Real Estate Inc License #S61676 Listed on: 02/14/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,942

Year Built

  • Built in 2003

Lot Details

  • 0.63

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,078 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Dryer

Kitchen

  • Free-Standing Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 111645902700

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,942

Year Built

Built in 2003

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Parcel Number: 111645902700
  • Year Built: 2003
  • Property Sub-Type: Condominium
  • ResoLaundryFeatures: Dryer Hookup-Gas, Washer Hookup
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 563-382-8406
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan(s), Hardwood Floors
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1078
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Microwave Built In, Free-Standing Range, Refrigerator, Water Softener
  • Basement: None
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 0

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Parking Features: 1 Stall, Detached Garage, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 125
  • Association Fee Frequency: Monthly

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: N/A
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2942

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
May 11, 2022
Sold by
Cuevas Diego G
Bought by
Uhlarik James M
Seller's Agent
Jayme Folkedahl
Kelly Real Estate Inc
List Price
$175,000
Sold Price
$157,000
Premium/Discount to List
-$18,000
-10.29%
Total Days on Market
44
Current Estimated Value
$231,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,102
Avg. Annual Appreciation
13.90%
Original Mortgage
$125,600
Outstanding Balance
$107,341
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$123,761

Purchase Details

Closed on
May 16, 2015
Sold by
Frana Noel M and Frana Linda K
Bought by
Cuevas Diego G and Bissen Teresa K

Purchase Details

Closed on
Feb 4, 2015
Sold by
Frana Noel M and Frana Linda K
Bought by
Cuevas Diego G and Bissen Teresa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage

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
Uhlarik James M $157,000 None Listed On Document
Cuevas Diego G $136,000 None Available
Cuevas Diego G $136,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uhlarik James M $125,600
Previous Owner Cuevas Diego G $108,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $157,000 -10.3% $146 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $175,000 -- $162 / 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 $2,892 $170,550 $20,610 $149,940
2023 $3,504 $170,550 $20,610 $149,940
2022 $3,108 $168,150 $17,180 $150,970
2021 $2,942 $154,040 $17,180 $136,860
2020 $2,942 $143,090 $17,180 $125,910
2019 $2,862 $143,090 $0 $0
2018 $2,884 $143,090 $0 $0
2017 $2,928 $139,590 $0 $0
2016 $2,884 $139,590 $0 $0
2015 $2,868 $86,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20220538

Northeast Iowa Regional Board of REALTORS®

APN: 111645902700