NOT LISTED FOR SALE

5081 Highway 3 Cherokee, IA 51012

Estimated Value: $203,000 - $288,000

3 Beds
2 Baths
1,892 Sq Ft
$128/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $140,000 $74 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,448/month

217 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Landscaped with Trees
  • Cherokee Middle School Rated 9+
  • Living Room

About This Home

As of June 2020

This home's location offers the best of both worlds - country living with 2.9 acres but situated right at the outskirts of town! The main floor features an eat-in kitchen with new flooring, a spacious living room, 3 bedrooms, a full bath, plus a 3 season room with skylights. The family room in the basement has been remodeled with new flooring, sheetrock and added insulation. You will also find a 3/4 bathroom and laundry room. Metal siding on the exterior, a new roof installed this Spring plus a detached storage shed adds even more value. The septic inspection has been completed and approved. Radon testing has also been completed with a reported average of 3.7. Check out this great property!

Last Agent to Sell the Property

Cindy Wilberding

EXIT Realty Midwest - Cherokee License #S57972 Listed on: 10/07/2019

EXIT Realty Midwest - Cherokee

Last Buyer's Agent

Mike Pitts

Gustafson Realty License #S43135

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,651

Year Built

  • Built in 1960

Lot Details

  • 2.89 Acre Lot
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Basement

  • Block Basement Construction
  • Laundry in Basement

Schools

  • Roosevelt Elementary School
  • Cherokee Middle School
  • Washington High School

Utilities

  • Heat Pump System
  • Rural Water
  • Septic System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 0715300038

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,651

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: Ranch
  • Property Features: Trees
  • Legal Description: PARCEL "E". DESCRIBED AS BEING PART OF THE W1/2 OF THE SW1/4 OF SECTION 15, AND PART OF THE NE1/4 OF THE SE1/4 OF SECTION 16, BOTH IN T92N, R40W 0F THE 5TH P.M. CHEROKEE COUNTY, IA. Exact legal per Plat of Survey and deed.
  • Year Built: 1960
  • School Middle Junior: Cherokee Middle
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Included: Refrigerator, range, dishwasher
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Basement: Block
  • Basement Rooms: 3/4 Bath, Family, Laundry
  • Main Level Rooms: Bedroom, Full Bath, Kitchen, Living
  • Total Sq Ft: 1892
  • Main Level Sq Ft: 1156
  • Sq Ft Above Grade: 1156
  • Sq Ft Below Grade Finishe: 736
  • Sq Ft Below Grade Total: 936
  • Sq Ft Below Grade Unfinis: 200
  • Price Per Sq Ft: 121.11

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Type: Attached
  • Internet: Yes
  • Garage Spaces: 2
  • Sq Ft Garage: 440

Utilities

  • Air Conditioning Type: Heat Pump
  • Flood Insurance: Not Required
  • Fuel Type: Electric
  • Heat Type: Heat Pump
  • Sewer Type: Septic
  • Water Type: Rural Water

Schools

  • Elementary School: Roosevelt
  • Middle School: Cherokee Middle
  • High School: Washington High

Lot Info

  • Acres: 2.89
  • Parcel Number: 0715300038

Tax Info

  • Year: 2019
  • Gross Taxes: 1651

MLS Schools

  • School Elementary: Roosevelt
  • School High: Washington High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Jun 11, 2020
Sold by
Roberts Alan W and Roberts Sharon K
Bought by
Mallison Justin M and Mallison Tanya J
Seller's Agent
Cindy Wilberding
EXIT Realty Midwest - Cherokee
Buyer's Agent
Mike Pitts
Gustafson Realty
List Price
$149,500
Sold Price
$140,000
Premium/Discount to List
-$9,500
-6.35%
Current Estimated Value
$242,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,540
Avg. Annual Appreciation
10.99%
Original Mortgage
$140,656
Outstanding Balance
$125,230
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$117,310
Source: Public Records

Range of Values:

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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
Mallison Justin M $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mallison Justin M $140,656
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $140,000 -4.1% $74 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
03/27/2020 03/27/20 Price Changed $146,000 -2.3% $77 / Sq Ft
10/07/2019 10/07/19 For Sale $149,500 -- $79 / 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 $1,870 $191,890 $65,400 $126,490
2023 $1,892 $191,890 $65,400 $126,490
2022 $1,626 $144,430 $52,320 $92,110
2021 $1,552 $141,700 $52,320 $89,380
2020 $1,646 $141,700 $52,320 $89,380
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Cindy Wilberding

    EXIT Realty Midwest - Cherokee

    Section Image

  • M

    Buyer's Agent in 2020

    Mike Pitts

    Gustafson Realty

    (712) 225-3243

    81 Total Sales

    Mike Pitts
    Section Image
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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 806879

Northwest Iowa Regional Board of REALTORS®

APN: 0715300038

Iowa Cherokee County Cherokee 51012

5081 Highway 3, Cherokee, IA

This home is located at 5081 Highway 3, Cherokee, IA 51012 since 07 October 2019 and is currently estimated at $242,540, approximately $128 per square foot. This property was built in 1960. 5081 Highway 3 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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