NOT LISTED FOR SALE

602 E Washington Ave Red Oak, IA 51566

Estimated Value: $80,000 - $112,309

3 Beds
2 Baths
1,481 Sq Ft
$64/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $20,000 $14 Per Sq Ft

Est. 375% increase in value since last sale

Current estimated payment $580/month

92 Days on Market

Highlights

  • Ranch Style House
  • Building Patio
  • Forced Air Heating System
  • Detached Garage
  • Living Room
  • 4-minute walk to Fountain Park Farmer's Mkt

About This Home

As of February 2014

Great possibilities with this home. It has been converted years back into a single family dwelling. In the past the upstairs apartment was rented out with a private entrance into the apartment. It would take much to do the same thing again. This is more of a one bedroom on main floor with kitchen, dining area, bedroom and bath on main floor with an apartment upstairs. Consisting of one bedroom, living room, kitchen and bath. The bath in both living areas have been remodeled. Missing the vanity in the upstairs. This would be the prefect property to get started into the rental business.

Last Agent to Sell the Property

Marty Barnett

United Group Inc - Red Oak Listed on: 10/21/2013

United Group Inc - Red Oak

Last Buyer's Agent

Marty Barnett

United Group Inc - Red Oak Listed on: 10/21/2013

United Group Inc - Red Oak

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1895

Lot Details

  • 5,400 Sq Ft Lot
  • Lot Dimensions are 45 x 120

Parking

  • Detached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1,481 Sq Ft Home
  • Living Room
  • Dining Room
  • Carpet
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • Building Patio
  • Community Deck or Porch

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Copyright Remarks: Yes
  • Municipality: Red Oak
  • Year Built: 1895
  • OFFICELIST_ADDRESS: 602 E Washington Avenue
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2013-10-21
  • List Office I D: 183
  • M L Number Foreign: WCIR17003354
  • Sales Office I D: 183
  • Selling Agent: 640
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Avenue
  • Building Style: Ranch
  • Bedroom 1 Level: Main
  • Special Features: None

Interior Features

  • Appliances: Range, Washer, Dryer
  • Flooring: Carpet
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: No
  • Total Bathrooms: 2
  • Basement: Other
  • Dining Room: Dining Room
  • Family Room: No
  • Kitchen: Kitchen
  • Kitchen Dim: 12 x 9
  • Kitchen Level: Main
  • Living Room: Living Room
  • Room 1: Bathroom
  • Room 2: Bathroom
  • Price Per S Q F T: 13.5
  • Above Grade Finished Sq Ft: 1481
  • Below Grade Total Sq Ft: 866
  • Room Types: Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Bedroom 1, Bedroom 4, Kitchen, Living Room, Bedroom 2, Bedroom 3
  • Three Quarter Bathrooms: 1
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: Upper
  • Dining Room Level: Main
  • Extra Room1 Level: Main
  • Extra Room2 Level: Upper
  • Living Room Level: Main

Exterior Features

  • Road Frontage: Paved Streets
  • Roof: Other

Garage/Parking

  • Description: Detached Garage

Utilities

  • Air Conditioner: Window
  • Heating: Forced Air

Condo/Co-op/Association

  • Amenities: Patio

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Red Oak

Lot Info

  • New Develop: No
  • Acres: 0.12
  • Homestead Description: Owner
  • Lot Dimensions: 45 X 120
  • Lot Size Sq Ft: 5400
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Tax Info

  • Tax With Assessments: 1053
  • Gross Taxes: 880

MLS Schools

  • School District: 5463 - Red Oak
  • School District Name: Red Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2013
Closed on
Feb 27, 2014
Sold by
Houghton State Bank
Bought by
Vanhoose Gene
Seller's Agent
Marty Barnett
United Group Inc - Red Oak
Buyer's Agent
Marty Barnett
United Group Inc - Red Oak
List Price
$23,500
Sold Price
$20,000
Premium/Discount to List
-$3,500
-14.89%
Current Estimated Value
$95,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,077
Avg. Annual Appreciation
14.38%
Original Mortgage
$16,000
Outstanding Balance
$4,644
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$90,433
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
Vanhoose Gene $20,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanhoose Gene $16,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2014 02/28/14 Sold $20,000 -14.9% $14 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
10/21/2013 10/21/13 For Sale $23,500 -- $16 / Sq Ft
Source: NoCoast MLS

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 $916 $68,030 $6,750 $61,280
2024 $916 $49,260 $4,500 $44,760
2023 $672 $49,260 $4,500 $44,760
2022 $630 $33,810 $4,500 $29,310
2021 $624 $33,810 $4,500 $29,310
2020 $624 $31,980 $4,500 $27,480
2019 $714 $31,980 $4,500 $27,480
2018 $682 $35,640 $0 $0
2017 $668 $35,640 $0 $0
2015 $644 $35,640 $0 $0
2014 $910 $45,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5407116

NoCoast MLS

APN: 600-62-83-330020-00