NOT LISTED FOR SALE

507 E Broadway St Decorah, IA 52101

Estimated Value: $63,680 - $74,000

0.23 Acre
$307,168 Price per Acre
9,840 Sq Ft Lot

Last Sold December 05, 2022

Last sale price $55,900

Est. 24% increase in value since last sale

Current estimated payment $400/month

64 Days on Market

Highlights

  • City View
  • Decorah Middle School Rated A
  • Downtown Location

About This Lot

As of December 2022

Here's your chance at a prime location in the heart of Decorah! This building site is set up just off East Broadway Street with stunning views of the bluffs and located only blocks away from downtown. Don't miss out on your opportunity to build on this lot and receive the 5 year city tax abatement! Call today to schedule your private showing.

Last Agent to Sell the Property

Ben Harman

Harman Realty License #S59576 Listed on: 08/03/2022

Co-Listed By

Jenny Harman

Harman Realty License #S69954000

Last Buyer's Agent

Zachary Harless

UC Midwest Lifestyle Properties License #S694830

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $378

Lot Details

  • 9,840 Sq Ft Lot
  • Lot Dimensions are 80 x 123
  • Downtown Location
  • Property is zoned R-3

Property Views

  • City
  • Valley

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 111535300900

Property Details

Property Type

Land

Est. Annual Taxes

$378

Lot Details

0

Listing Details

  • Total Assessed Value: 18740
  • Class: Land-Building Site
  • Flood: C/X - Not In Flood Plain
  • Gross Taxes: 378
  • Legal Description: as per abstract
  • Lot Dimensions: 80 x 123
  • Lvt Date: 08/03/2022
  • Parcel Number: 111535300900
  • Reg Irreg: Reg
  • Type: Residential Lots-Urban
  • Potential Use: Single Family, Two Family, Multi-Family, Residential
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Region: Outside The Metro Area
  • Sewer Type: City

Exterior Features

  • Road Frontage: City/Town, Hard Surface Road

Utilities

  • Water Type: City
  • Utilities Available: Electricity, Natural Gas, Sewer, Water-City

Schools

  • Elementary School: Decorah Community Schools
  • Middle Jr High School: Decorah Community Schools
  • Senior High School: Decorah Community Schools

Lot Info

  • Lot Sq Ft: 9840
  • Zoning: R-3
  • Lot Description: Downtown Area, Valley View, View-City
  • Topography: Slope To Front
  • Lot Improvement: Curb & Gutters, Sidewalks, Storm Sewer
  • Geo Subdivision: IA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Dec 1, 2022
Sold by
Labotz Ann M and Labotz Gregg A
Bought by
Schmidt Randy
Seller's Agent
Ben Harman
Harman Realty
Buyer's Agent
Zachary Harless
UC Midwest Lifestyle Properties
List Price
$59,900,000
Sold Price
$55,900
Premium/Discount to List
-$59,844,100
-99.91%
Current Estimated Value
$69,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,520
Avg. Annual Appreciation
7.46%

Purchase Details

Closed on
Dec 13, 2019
Sold by
Wicks Construction Inc
Bought by
Mundtt Gregg A and Labotz Anna M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schmidt Randy $56,000 --
Mundtt Gregg A $65,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2022 12/05/22 Sold $55,900 -6.7% --
10/06/2022 10/06/22 Pending -- -- --
08/03/2022 08/03/22 Price Changed $59,900 -99.9% --
08/03/2022 08/03/22 For Sale $59,900,000 -- --
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 $424 $22,490 $22,490 $0
2024 $424 $22,490 $22,490 $0
2023 $390 $22,490 $22,490 $0
2022 $378 $18,740 $18,740 $0
2021 $386 $18,740 $18,740 $0
2020 $386 $18,740 $18,740 $0
2019 $374 $18,740 $0 $0
2018 $378 $18,740 $0 $0
2017 $388 $18,510 $0 $0
2016 $382 $18,510 $0 $0
2015 $382 $18,510 $0 $0
2014 $376 $18,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ben Harman

    Seller's Agent in 2022

    Ben Harman

    Harman Realty

    (563) 380-8530

    51 in this area

    103 Total Sales

    Ben Harman
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Jenny Harman

    Harman Realty

    10 in this area

    21 Total Sales

    Jenny Harman
    Section Image

  • Z

    Buyer's Agent in 2022

    Zachary Harless

    UC Midwest Lifestyle Properties

    (563) 419-7400

    2 in this area

    10 Total Sales

    Zachary Harless
    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20223695

Northeast Iowa Regional Board of REALTORS®

APN: 111535300900

Iowa Winneshiek County Decorah 52101

507 E Broadway St, Decorah, IA

Not Listed for Sale

Lots

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