NOT LISTED FOR SALE

609 W Willow St Cherokee, IA 51012

Estimated Value: $89,937 - $145,000

5 Beds
2.5 Baths
2,413 Sq Ft
$44/Sq Ft Est. Value

Last Sold March 25, 2020

Last sale price $50,000 $21 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $675/month

415 Days on Market

Highlights

  • 1 Car Detached Garage
  • Central Air
  • Hot Water Heating System

About This Home

As of March 2020

This property consists of two apartments. One on the main floor and another on the upper level. There is a one car garage for one apartment and a car port for the other. There is a private entrance to either apartment. The property is heated by a boiler and hot water that is heated with natural gas. Each unit has a gas water heater. The lower level is cooled by window A/C and the upper by a central air unit. The apartments are metered separately. The roof shingles have been recently replaced. The upper apartment has three bedrooms, two bathrooms and a laundry. The lower level apartment has two bedrooms and a bathroom and laundry. This property is a great investment opportunity.

Last Agent to Sell the Property

Andrew Lee Carlson

EXIT Realty Midwest - Cherokee License #B60478 Listed on: 01/14/2019

EXIT Realty Midwest - Cherokee

Last Buyer's Agent

Andrew Lee Carlson

EXIT Realty Midwest - Cherokee License #B60478 Listed on: 01/14/2019

EXIT Realty Midwest - Cherokee

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $948

Year Built

  • Built in 1900

Lot Details

  • 5,000 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 2,413 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2.5 Bathrooms

Utilities

  • Central Air
  • Window Unit Cooling System
  • Hot Water Heating System
  • Radiant Heating System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 098072738300400

Home Details

Home Type

Single Family

Est. Annual Taxes

$948

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: 2 Story
  • Legal Description: LOT 3 BLK 47 TOWN LOT CO`S 5TH ADD 6762
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Included: 2-Stoves, 2-Fridges, 1-Window air, 1-Central Air Unit, 2-Washers, 2-Dryers.
  • Total Bedrooms: 5
  • Total Bathrooms: 2.25
  • Basement: Partial, Unfinished
  • Total Sq Ft: 2413
  • Main Level Sq Ft: 1532
  • Sq Ft Above Grade: 2413
  • Sq Ft Below Grade Total: 812
  • Sq Ft Below Grade Unfinis: 812
  • Price Per Sq Ft: 20.72

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Type: Detached
  • Internet: Yes
  • Driveway: Concrete
  • Garage Spaces: 1

Utilities

  • Air Conditioning Type: Central, Window
  • Fuel Type: Natural Gas
  • Heat Type: Hot Water, Radiant
  • Sewer Type: City
  • Water Type: City

Lot Info

  • Acres: 0.12
  • Lot Sq Ft: 5000
  • Parcel Number: 098072738300400

Tax Info

  • Year: 2019
  • Gross Taxes: 948

Multi Family

  • Rental Income: 1150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2019
Closed on
Mar 25, 2020
Sold by
Isaacs Isaiah
Bought by
Kb Rental Properties Llc
Seller's Agent
Andrew Lee Carlson
EXIT Realty Midwest - Cherokee
Buyer's Agent
Andrew Lee Carlson
EXIT Realty Midwest - Cherokee
List Price
$73,000
Sold Price
$50,000
Premium/Discount to List
-$23,000
-31.51%
Current Estimated Value
$105,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,734
Avg. Annual Appreciation
14.88%
Original Mortgage
$40,000
Outstanding Balance
$35,817
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
$69,917
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
Kb Rental Properties Llc $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kb Rental Properties Llc $40,000
Previous Owner Kohn Jason W $9,450
Previous Owner Kohn Jason W $46,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2020 03/25/20 Sold $50,000 -31.5% $21 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $73,000 +46.0% $30 / Sq Ft
01/31/2020 01/31/20 Off Market $50,000 -- --
01/14/2019 01/14/19 For Sale $73,000 -- $30 / Sq Ft
Source: Northwest 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 $1,192 $70,780 $9,560 $61,220
2023 $1,192 $70,780 $9,560 $61,220
2022 $974 $52,930 $7,440 $45,490
2021 $974 $52,930 $7,440 $45,490
2020 $1,350 $52,930 $7,440 $45,490
2019 $948 $47,450 $0 $0
2018 $876 $45,004 $0 $0
2017 $876 $45,004 $0 $0
2016 $1,088 $56,244 $0 $0
2015 $952 $48,072 $0 $0
2014 $992 $48,072 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 803664

Northwest Iowa Regional Board of REALTORS®

APN: 7-27-383-004