NOT LISTED FOR SALE

509 W Main St Decorah, IA 52101

Estimated Value: $379,704 - $429,000

3 Beds
3.5 Baths
2,456 Sq Ft
$168/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $325,000 $132 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,746/month

33 Days on Market

Highlights

  • City View
  • Wooded Lot
  • Corner Lot
  • Decorah Middle School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of July 2023

Location! Location! Location! This beautiful Italianate style home is located within easy walking distance of the downtown, parks, trails, schools, restaurants, theater, and many other amenities that make Decorah a special place. The current owner has provided wonderful improvements with modern amenities while carefully preserving the quality and character. With over 2,400 sf of finished space, this home has it all: 3 spacious bedrooms each with its own bath; a modern, high-quality kitchen with custom cabinets, granite tops, and appliances included; formal dining room; plus lots of bright family living space; and gorgeous hardwood floors throughout. Kitchen doors lead to a private patio, perfect place for your morning cup of coffee. The bright family room with large picture window provides one the opportunity to take in the outdoors in all seasons! Enjoy the large, wooded lot with an abundance of beautiful perennials. BONUS - studio apartment with kitchenette, bath, and separate entrance perfect for guests. This home truly has it all; location, quality, character, history, charm, on a BIG Decorah lot. It has been utilized as a single-family residence, but also would work well as a 2nd home and/or vacation rental. Seller is offering a $5,000.00 Kitchen Allowance. Call today to set up your own personal tour!

Last Agent to Sell the Property

Michael Harman

Harman Realty License #B29035 Listed on: 05/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,664

Year Built

  • Built in 1900

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 107x123
  • Corner Lot
  • Wooded Lot
  • Property is zoned R-3

Parking

  • No Garage

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,456 Sq Ft Home
  • Wood Flooring
  • City Views
  • Unfinished Basement

Kitchen

  • Double Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Patio

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

Listing and Financial Details

  • Assessor Parcel Number 111641200100

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,664

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Parcel Number: 111641200100
  • Year Built: 1900
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 2nd Floor
  • ResoLotFeatures: Corner Lot, City View, Wooded
  • Lot Size Acres: 0.3
  • Road Surface Type: None
  • Co List Office Phone: 563-382-2020
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Interior Features: Granite Counters, Hardwood Floors
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 2456
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Double Oven, Dryer, Disposal, Microwave Built In, Refrigerator, Washer, Gas Water Heater
  • Basement: Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • BelowGradeArea: 825

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Sidewalk, Patio

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: 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-3
  • Lot Dimensions: 107x123
  • Lot Size Sq Ft: 13161
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 5664

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Jul 17, 2023
Sold by
Richard A Lund Living Trust
Bought by
Johnson Michael Lee and Johnson Sara Melissa
Seller's Agent
Michael Harman
Harman Realty
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Views
151
Current Estimated Value
$411,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,426
Avg. Annual Appreciation
9.31%
Original Mortgage
$260,000
Outstanding Balance
$252,175
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$138,940

Purchase Details

Closed on
Mar 26, 2011
Sold by
Winkle Christopher J and Winkle Shannon L
Bought by
Lund Richard A and Lund Jeremy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
4.88%
Mortgage Type
Unknown
Source: Public Records

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
Johnson Michael Lee $325,000 None Listed On Document
Lund Richard A $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Michael Lee $260,000
Previous Owner Richard A Lund Living Trust $25,000
Previous Owner Lund Richard A $276,360
Previous Owner Lund Richard A $263,200
Previous Owner Lund Richard A $156,000
Previous Owner Lund Richard A $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $325,000 -4.4% $132 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/20/2023 05/20/23 Price Changed $340,000 -2.9% $138 / Sq Ft
05/08/2023 05/08/23 For Sale $350,000 0.0% $143 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $350,000 -- $143 / 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 $6,042 $334,320 $47,190 $287,130
2023 $5,844 $334,320 $47,190 $287,130
2022 $5,664 $289,340 $39,320 $250,020
2021 $5,360 $289,590 $39,320 $250,270
2020 $5,360 $269,250 $39,320 $229,930
2019 $5,214 $269,250 $0 $0
2018 $5,250 $269,250 $0 $0
2017 $4,964 $245,220 $0 $0
2016 $4,886 $245,220 $0 $0
2015 $4,628 $232,810 $0 $0
2014 $4,540 $232,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20231650

Northeast Iowa Regional Board of REALTORS®

APN: 111641200100