NOT LISTED FOR SALE

601 3rd Ave E Cresco, IA 52136

Estimated Value: $85,000 - $126,000

3 Beds
2 Baths
1,289 Sq Ft
$81/Sq Ft Est. Value

Last Sold October 08, 2015

Last sale price $28,500 $22 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $715/month

41 Days on Market

Highlights

  • Living Room with Fireplace
  • Covered Patio or Porch
  • Ceiling Fan
  • Corner Lot
  • 1 Car Detached Garage
  • Heating System Uses Steam

About This Home

As of October 2015

Well-located home priced significantly under its assessed value for your opportunity to renovate. Contact agent to arrange a time to view.

Last Agent to Sell the Property

Kevin Kolbet

Kolbet Realtors License #B01509 Listed on: 07/02/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1911

Lot Details

  • 5,280 Sq Ft Lot
  • Lot Dimensions are 55'x96'
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,289 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Unfinished Basement
  • Sump Pump

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Cresco Elementary And Middle School
  • Cresco High School

Additional Features

  • Covered Patio or Porch
  • Heating System Uses Steam

Listing and Financial Details

  • Assessor Parcel Number 320070207020000

Home Details

Home Type

Single Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Parcel Number: 320070207020000
  • Year Built: 1911
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLotFeatures: Corner Lot, Level
  • Lot Size Acres: 0.121
  • Road Frontage Type: Hard Surface Road, Shared Drive
  • Road Surface Type: Concrete
  • Co List Office Phone: 641-732-3337
  • MLS Status: Closed
  • Reso Fireplace Features: Living Room
  • Reso Interior Features: Ceiling Fan/Light, Sliding Glass Door
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1289
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Sump Pump
  • Basement: Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • BelowGradeArea: 767

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Sidewalk, Porch, Porch-Covered

Garage/Parking

  • Parking Features: 1 Stall, Detached Garage

Utilities

  • Cooling: None
  • Heating: Steam
  • Sewer: City Sewer
  • Water Source: City

Schools

  • Elementary School: Cresco
  • High School: Cresco
  • Middle Or Junior School: Cresco

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 55'x96'
  • Lot Size Sq Ft: 5280
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1548

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2015
Closed on
Sep 29, 2015
Sold by
Wells Fargo Bank Na
Bought by
Grube J Michael
Seller's Agent
Kevin Kolbet
Kolbet Realtors
List Price
$30,000
Sold Price
$28,500
Premium/Discount to List
-$1,500
-5%
Current Estimated Value
$104,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,463
Avg. Annual Appreciation
13.68%
Original Mortgage
$48,500
Outstanding Balance
$37,897
Interest Rate
3.84%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$67,066

Purchase Details

Closed on
May 5, 2015
Sold by
Estate Of Jimmie Wellborn
Bought by
Wells Fargo Bank Na and Lake Country Mortgage Loan
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
Grube J Michael $28,500 None Available
Wells Fargo Bank Na $71,325 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grube J Michael $48,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2015 10/08/15 Sold $28,500 -5.0% $22 / Sq Ft
08/12/2015 08/12/15 Pending -- -- --
07/02/2015 07/02/15 For Sale $30,000 -- $23 / 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
2025 $1,952 $74,560 $6,850 $67,710
2024 $1,952 $65,610 $6,850 $58,760
2023 $1,196 $65,610 $6,850 $58,760
2022 $1,082 $54,170 $6,850 $47,320
2021 $1,056 $54,170 $6,850 $47,320
2020 $1,038 $50,000 $6,850 $43,150
2019 $1,072 $46,890 $0 $0
2018 $998 $46,890 $0 $0
2017 $1,834 $83,030 $0 $0
2016 $1,842 $83,030 $0 $0
2015 $1,842 $83,030 $0 $0
2014 $1,684 $83,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20154557

Northeast Iowa Regional Board of REALTORS®

APN: 320-07-02-07-020-000