NOT LISTED FOR SALE

507 Locust Rd Decorah, IA 52101

Estimated Value: $234,327 - $269,000

3 Beds
1 Bath
1,707 Sq Ft
$148/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $202,250 $118 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,712/month

51 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Decorah Middle School Rated A
  • 1 Car Attached Garage
  • Water Softener is Owned

About This Home

As of October 2022

This classic ranch home was built by and for the Hendrickson Family in 1955. Three bedrooms on the main floor, along with the kitchen, dining area, living room, and full bath. The lower level has a non-conforming bedroom, rec room, workshop area, and laundry facilities. Large 113' x 149' lot with great back yard. Steel shingles, redwood siding, new sidewalk, single car attached garage. Build your life together - start here!

Last Listed By

Marcia Madrigal

Kelly Real Estate Inc License #B34397 Listed on: 08/09/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,322

Year Built

  • Built in 1955

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 113 x 149

Parking

  • 1 Car Attached Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Redwood Siding

Interior Spaces

  • 1,707 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 111612802600

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,322

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Parcel Number: 111612802600
  • Year Built: 1955
  • Property Sub-Type: Single Family Residence
  • ResoLaundryFeatures: Dryer Hookup-Gas, Lower Level, Washer Hookup
  • Lot Size Acres: 0.39
  • 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: Hardwood Floors
  • Reso Roof: Shingle, Steel
  • TotalFinishedSquareFootage: 1707
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dishwasher, Dryer, Free-Standing Range, Refrigerator, Washer, Gas Water Heater, Water Softener Owned
  • Basement: Block, Floor Drain
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 425
  • BelowGradeArea: 1282

Exterior Features

  • Construction Type: Redwood Siding
  • Exterior Features: Sidewalk, Deck

Garage/Parking

  • Parking Features: 1 Stall, Attached Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Decorah Community Schools
  • High School: Decorah Community Schools
  • Middle Or Junior School: Decorah Community Schools

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 113 x 149
  • Lot Size Sq Ft: 16837
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 3322

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2022
Closed on
Oct 25, 2022
Sold by
Hendrickson Nora A
Bought by
Dejong Felitia J
Seller's Agent
Marcia Madrigal
Kelly Real Estate Inc
List Price
$224,500
Sold Price
$202,250
Premium/Discount to List
-$22,250
-9.91%
Total Days on Market
51
Current Estimated Value
$251,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,582
Avg. Annual Appreciation
12.73%
Original Mortgage
$150,000
Outstanding Balance
$145,880
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$127,694

Purchase Details

Closed on
Jun 21, 2022
Sold by
Hendrickson Kermit T
Bought by
Hendrickson Nora A

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
Dejong Felitia J $202,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dejong Felitia J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $202,250 -5.7% $118 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
08/26/2022 08/26/22 Price Changed $214,500 -4.5% $126 / Sq Ft
08/09/2022 08/09/22 For Sale $224,500 -- $132 / 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 $3,710 $215,800 $53,590 $162,210
2023 $3,922 $215,800 $53,590 $162,210
2022 $3,142 $188,270 $44,660 $143,610
2021 $3,046 $168,050 $44,660 $123,390
2020 $3,046 $160,000 $44,660 $115,340
2019 $2,964 $160,000 $0 $0
2018 $2,980 $160,000 $0 $0
2017 $3,002 $154,860 $0 $0
2016 $2,950 $154,860 $0 $0
2015 $2,836 $149,350 $0 $0
2014 $2,836 $149,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marcia Madrigal

    Seller's Agent in 2022

    Marcia Madrigal

    Kelly Real Estate Inc

    (563) 379-3824

    87 Total Sales

    Marcia Madrigal
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Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20223794

Northeast Iowa Regional Board of REALTORS®

APN: 111612802600

Iowa Winneshiek County Decorah 52101

507 Locust Rd, Decorah, IA

Homes for Sale in Decorah, IA

This home is located at 507 Locust Rd, Decorah, IA 52101 since 09 August 2022 and is currently estimated at $251,832, approximately $147 per square foot. This property was built in 1955. 507 Locust Rd is a home located in Winneshiek County with nearby schools including West Side Elementary School, John Cline Elementary School, and Carrie Lee Elementary 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.

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.