NOT LISTED FOR SALE

601 Lincoln St Wellsburg, IA 50680

Estimated Value: $156,000 - $171,000

3 Beds
0.5 Bath
1,820 Sq Ft
$91/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $141,500 $78 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,085/month

2 Days on Market

About This Home

As of July 2021

Historic old Creamery in Wellsburg IA! Home has been nicely updated! Huge lot, large home with spacious living areas! You have to check this sweet property out! Large open kitchen, formal dining room and spacious living space! Nice metal roof and several updated windows! Move in ready! This home was built in 1922 and sports 1800 plus square feet of finished living quarters! This is a steal folks, there is soooo much potential here. 1/2 acre lot measuring 145 x 150 m/l, plenty of space, not to mention the old creamery building which has huge potential for a shop, storage etc. Please contact your favorite local realtor to schedule a showing. AGENTS, SCHEDULE SHOWINGS THROUGH SHOWING TIME PLEASE.

Last Agent to Sell the Property

Matthew Wikert

RE/MAX Concepts - Cedar Falls License #S62703000 Listed on: 05/20/2021

RE/MAX Concepts - Cedar Falls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,150

Year Built

  • Built in 1922

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 145 x 150

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 1,820 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Free-Standing Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 0.5 Bathroom

Schools

  • Agwsr Elementary And Middle School
  • Agwsr High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 881814302007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,150

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Parcel Number: 881814302007
  • Year Built: 1922
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Lot Size Acres: 0.5
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Mixed
  • Co List Office Phone: 319-266-7100
  • MLS Status: Closed
  • Reso Fireplace Features: One, Family Room, Woodburning Fireplce
  • Reso Roof: Metal
  • TotalFinishedSquareFootage: 1820
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free-Standing Range, Refrigerator, Electric Water Heater
  • Basement: Unfinished
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • BelowGradeArea: 841

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Parking Features: 1 Stall

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

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

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 145 x 150
  • Lot Size Sq Ft: 21750
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 16, 2021
Sold by
Robinson David A and Robinson Tracey R
Bought by
Petrousek Paul A and Petrousek Natalie A
Seller's Agent
Matthew Wikert
RE/MAX Concepts - Cedar Falls
List Price
$138,500
Sold Price
$141,500
Premium/Discount to List
$3,000
2.17%
Current Estimated Value
$166,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,511
Avg. Annual Appreciation
3.09%
Original Mortgage
$113,200
Outstanding Balance
$103,903
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$56,509

Purchase Details

Listed on
Nov 3, 2011
Closed on
Jan 24, 2012
Sold by
Federal National Mortgage Association
Bought by
Robinson David A and Robinson Tracey L
Seller's Agent
Jason Jedele
Homestead Realty
Buyer's Agent
Jason Jedele
Homestead Realty
List Price
$61,200
Sold Price
$53,750
Premium/Discount to List
-$7,450
-12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%
Original Mortgage
$40,307
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 3, 2011
Closed on
Jan 9, 2012
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Assb
Seller's Agent
Jason Jedele
Homestead Realty
Buyer's Agent
Jason Jedele
Homestead Realty
List Price
$61,200
Sold Price
$53,750
Premium/Discount to List
-$7,450
-12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,307
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2011
Sold by
Mercer Aaron J
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jun 14, 2007
Sold by
Stahl Aarron and Stahl Jennifer
Bought by
Mercer Aaron J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
6.2%
Mortgage Type
New Conventional
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
Petrousek Paul A $141,500 None Listed On Document
Robinson Trust -- None Available
Robinson David A -- None Available
Federal National Mortgage Assb -- None Available
Nationstar Mortgage Llc $104,918 None Available
Mercer Aaron J $124,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrousek Paul A $113,200
Closed Petrousek Paul A $113,200
Closed Petrousek Paul A $28,300
Previous Owner Robinson David A $40,307
Previous Owner Mercer Aaron J $124,200
Previous Owner Stahl Aaron $87,550
Closed Petrousek Paul A $28,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $141,500 +2.2% $78 / Sq Ft
05/22/2021 05/22/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $138,500 +157.7% $76 / Sq Ft
01/26/2012 01/26/12 Sold $53,750 -12.2% $27 / Sq Ft
11/28/2011 11/28/11 Pending -- -- --
11/03/2011 11/03/11 For Sale $61,200 -- $30 / 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 $2,178 $144,460 $22,190 $122,270
2023 $2,178 $144,460 $22,190 $122,270
2022 $1,340 $115,780 $18,490 $97,290
2021 $1,340 $73,610 $18,490 $55,120
2020 $1,150 $65,850 $18,490 $47,360
2019 $1,132 $61,760 $0 $0
2018 $1,152 $61,760 $0 $0
2017 $1,168 $61,870 $0 $0
2016 $1,168 $61,870 $0 $0
2015 $1,168 $56,840 $0 $0
2014 $1,040 $56,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matthew Wikert

    Seller's Agent in 2021

    Matthew Wikert

    RE/MAX

    (319) 825-3633

    279 Total Sales

    Matthew Wikert
    Section Image
  • Jason Jedele

    Seller's Agent in 2012

    Jason Jedele

    Homestead Realty

    (641) 373-1083

    223 Total Sales

    Jason Jedele
    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20212188

Northeast Iowa Regional Board of REALTORS®

APN: 881814302007

Iowa Grundy County Wellsburg 50680

601 Lincoln St, Wellsburg, IA

This home is located at 601 Lincoln St, Wellsburg, IA 50680 since 20 May 2021 and is currently estimated at $166,011, approximately $91 per square foot. This property was built in 1922. 601 Lincoln St is a home located in Grundy County with nearby schools including Agwsr Elementary at Wellsburg, The Cougars Den, and AGWSR Elementary 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.

Northeast Iowa Regional Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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