NOT LISTED FOR SALE

600 Diagonal St Algona, IA 50511

Estimated Value: $240,880

Studio
-- Bath
7,775 Sq Ft
$31/Sq Ft Est. Value

Last Sold January 22, 2019

Last sale price $168,000 $22 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,527/month

96 Days on Market

Highlights

  • Forced Air Cooling System
  • Algona Middle School Rated 9+
  • 3-minute walk to Veterans Park

About This Home

As of January 2019

Very well known commercial building located on a main road in Algona is being offered for sale. The building offers 7,775 square feet with nice store front windows. 1200 sq ft retail space, 5500 sq ft shop area and 1000 sq ft of office space. 10 x 12 overhead door. Shop has been insulated. LED lighting installed 5 years ago, new middle furnace 2 years old, newer phone system, 3 phase electrical.

Last Agent to Sell the Property

Thomas Geelan

Farm & Home Services License #B06258 Listed on: 08/30/2018

Last Buyer's Agent

Thomas Geelan

Farm & Home Services License #B06258 Listed on: 08/30/2018

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,648

Year Built

  • Built in 1980

Lot Details

  • 0.32

Home Design

  • 7,775 Sq Ft Home
  • Block Exterior

Parking

  • On-Street Parking
  • Open Parking
  • Unassigned Parking

Utilities

  • Forced Air Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System

Additional Features

  • Restroom Available
  • 0.32 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 2201326002

Property Details

Property Type

Other

Est. Annual Taxes

$2,648

Year Built

Built in 1980

Lot Details

0.32 Acres

Listing Details

  • Accessibility Features: No Stairs External
  • Class: COMMERCIAL
  • Type: Retail
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Interior Amenities: Restrooms
  • Price Per S Q F T: 21.61
  • Total Sq Ft: 7775

Exterior Features

  • Construction: Concrete Block
  • Construction Materials: Cement Block
  • Exterior Features: Front Exposure, High Traffic Location, High Visibility
  • Flood Zone: No
  • Road Frontage Type: City Street
  • Roof: Rubber
  • Waterfront: No

Garage/Parking

  • Parking Features: On-Street Pkg Only, Unassigned, Uncovered/Open

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heating: Radiant
  • Sewer: Public Sewer
  • Water Source: Public/City

Lot Info

  • Current Use: Retail, Warehouse
  • Land Size Acres: 0.32
  • Land Sq Ft: 13776
  • Parcel Number: 2201326002

Rental Info

  • Owner Pays: Broadband, Cable TV, Electricity, Fuel, Janitorial Service, Lawn, Maint/Repair, Snow Removal, Trash Collection, Water/Sewer

Tax Info

  • Tax Amount: 2648
  • Tax Classification: Commercial
  • Taxes W Assessments: 2648
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2018
Closed on
Jan 21, 2019
Sold by
Black Richard E and Black Randi L
Bought by
007 Enterprise Llc
Seller's Agent
Thomas Geelan
Farm & Home Services
Buyer's Agent
Thomas Geelan
Farm & Home Services
List Price
$200,000
Sold Price
$168,000
Premium/Discount to List
-$32,000
-16%
Current Estimated Value
$240,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,880
Avg. Annual Appreciation
5.23%
Original Mortgage
$134,400
Outstanding Balance
$85,605
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$155,275
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
007 Enterprise Llc $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 007 Enterprise Llc $134,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2019 01/22/19 Sold $168,000 -16.0% $22 / Sq Ft
12/04/2018 12/04/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $200,000 -- $26 / Sq Ft
Source: Iowa Great Lakes Board of REALTORS®

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 $3,435 $197,554 $25,600 $171,954
2024 $3,435 $177,713 $25,600 $152,113
2023 $3,354 $177,713 $25,600 $152,113
2022 $2,790 $165,363 $25,600 $139,763
2021 $2,879 $150,439 $25,600 $124,839
2020 $2,790 $150,439 $25,600 $124,839
2019 $2,841 $149,203 $0 $0
2018 $2,653 $149,203 $0 $0
2017 $2,674 $149,203 $0 $0
2016 $2,616 $150,310 $0 $0
2015 $2,452 $137,056 $0 $0
2014 $3,318 $137,056 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Thomas Geelan

    Farm & Home Services

    (515) 341-5403

    117 in this area

    185 Total Sales

    Thomas Geelan
    Section Image

  • M

    Buyer Co-Listing Agent in 2019

    Matt Muller

    Farm & Home Services

See All Agents

Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 181424

Iowa Great Lakes Board of REALTORS®

APN: 22-01-326-002

Iowa Kossuth County Algona 50511

600 Diagonal St, Algona, IA

Not Listed for Sale

Other

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