Seller's Agent in 2022
Laura Letsche
Farmers State Bank
(712) 229-2208
55 Total Sales
5133 E Ave Marcus, IA 51035
Estimated Value: $229,000 - $445,278
3
Beds
1
Bath
1,600
Sq Ft
$205/Sq Ft
Est. Value
Highlights
- 2 Car Detached Garage
- Central Air
- Farm
- Living Room
- Dining Room
About This Home
As of January 2022This acreage provides a great location to enjoy the country life, located on 5.42 acres. The building site consist of a Steel Machine Shed 54'x90', Heated shop 30'x48', Hay Shed 48'x60', 2- 7,000 Bushel Bins , Storage Shed 14'x40' and Granary Crib 10'x26'. The home on the acreage does need to have work done to it, but it is a 3 bedroom/ 1 bath home and is being sold "as is". The main floor consist of the Kitchen, Dining Room, Laundry, full bathroom, living room and bedroom. The upstairs consists of 2 bedroom. The Septic System will need to be inspected and updated by the seller if the acreage home is going to be used as a residence.
Last Agent to Sell the Property
Farmers State Bank License #B58625 Listed on: 10/25/2021
Property Details
Property Type
- Other
Est. Annual Taxes
- $758
Year Built
- Built in 1895
Lot Details
- 5.42 Acre Lot
Parking
- 2 Car Detached Garage
- Gravel Driveway
Home Design
- Farm
- Shingle Roof
Interior Spaces
- 1,600 Sq Ft Home
- 1.5-Story Property
- Living Room
- Dining Room
- Laundry on main level
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Bathroom
Utilities
- Central Air
- Rural Water
- Septic System
Listing and Financial Details
- Assessor Parcel Number 0523100003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2021
Closed on
Dec 15, 2021
Sold by
Irwin Martin W and Irwin Kristi A
Bought by
Lurae G Martin Revocable Trust and Todd C Martin Revocable Trust
Seller's Agent
Laura Letsche
Farmers State Bank
Buyer's Agent
Laura Letsche
Farmers State Bank
List Price
$200,000
Sold Price
$135,000
Premium/Discount to List
-$65,000
-32.5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,759
Avg. Annual Appreciation
25.06%
Purchase Details
Closed on
Mar 30, 2020
Sold by
Lehnhoff Thomas J and Lehnhoff Sharon K
Bought by
Lehnhoff Jacob
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
3.25%
Mortgage Type
USDA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lurae G Martin Revocable Trust | $135,000 | Ehmcke Lance D | |
| Lehnhoff Jacob | $280,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lehnhoff Jacob | $266,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/03/2022 01/03/22 | Sold | $135,000 | -32.5% | $84 / Sq Ft |
| 11/19/2021 11/19/21 | Pending | -- | -- | -- |
| 10/25/2021 10/25/21 | For Sale | $200,000 | -- | $125 / Sq Ft |
Source: Northwest Iowa Regional Board of REALTORS®
Tax History Compared to Growth
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 | $3,230 | $533,180 | $50,470 | $482,710 |
| 2024 | $3,230 | $310,890 | $50,470 | $260,420 |
| 2023 | $784 | $151,160 | $50,470 | $100,690 |
| 2022 | $746 | $55,650 | $5,780 | $49,870 |
| 2021 | $746 | $56,050 | $6,180 | $49,870 |
| 2020 | $558 | $55,350 | $5,850 | $49,500 |
| 2019 | $566 | $60,420 | $0 | $0 |
| 2018 | $398 | $46,360 | $0 | $0 |
| 2017 | $428 | $51,985 | $0 | $0 |
| 2016 | $426 | $51,985 | $0 | $0 |
| 2015 | $528 | $59,016 | $0 | $0 |
| 2014 | $504 | $59,016 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Letsche
Map
Source: Northwest Iowa Regional Board of REALTORS®
MLS Number: 815279
APN: 5-23-100-003
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