Seller's Agent in 2025
Emily Koch
Koch Real Estate
(563) 422-7274
122 Total Sales
612 W Water St Fayette, IA 52142
2
Beds
1
Bath
864
Sq Ft
8,900
Sq Ft Lot
Highlights
- 1 Car Detached Garage
- Bungalow
- Ceiling Fan
- Enclosed patio or porch
- Forced Air Heating and Cooling System
- Level Lot
About This Home
As of July 2025Offering a great investment opportunity for a 2 bedroom rental or a potential flip property. This small ranch is located in the college community of Fayette. The home is built with slab construction into a hillside. There is a large living room, 2 bedrooms and a full bathroom. If you are handy and looking for an easy project, you should make an appointment to see this.
Last Agent to Sell the Property
Koch Real Estate License #CR02593 / B62992 Listed on: 06/21/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $868
Year Built
- Built in 1960
Lot Details
- 8,900 Sq Ft Lot
- Lot Dimensions are 100 x 89
- Level Lot
- Property is zoned R1-SF
Parking
- 1 Car Detached Garage
Home Design
- Bungalow
- Slab Foundation
- Shingle Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 864 Sq Ft Home
- Ceiling Fan
- Free-Standing Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Enclosed patio or porch
Schools
- N Fayette Valley Elementary School
- North Fayette Valley Middle School
- North Fayette Valley High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 1129204003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 21, 2024
Closed on
Aug 14, 2024
Sold by
Ayoba Investments Llc
Bought by
Sea Glass Llc
Seller's Agent
Emily Koch
Koch Real Estate
List Price
$52,000
Sold Price
$47,500
Premium/Discount to List
-$4,500
-8.65%
Views
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
103.38%
Original Mortgage
$53,200
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Nov 2, 2011
Sold by
The Estate Of Bruce James Keding
Bought by
Ayoba Investments Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $48,000 | None Listed On Document | |
| Legal Action Court Order | $31,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $53,200 | Credit Line Revolving | |
| Previous Owner | $16,366 | Unknown | |
| Previous Owner | $30,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Sold | $107,000 | -2.6% | $124 / Sq Ft |
| 06/27/2025 06/27/25 | Pending | -- | -- | -- |
| 06/23/2025 06/23/25 | Price Changed | $109,900 | -4.4% | $127 / Sq Ft |
| 05/21/2025 05/21/25 | Price Changed | $114,900 | -3.4% | $133 / Sq Ft |
| 04/21/2025 04/21/25 | For Sale | $119,000 | +150.5% | $138 / Sq Ft |
| 08/16/2024 08/16/24 | Sold | $47,500 | -8.7% | $55 / Sq Ft |
| 07/20/2024 07/20/24 | Pending | -- | -- | -- |
| 07/17/2024 07/17/24 | For Sale | $52,000 | 0.0% | $60 / Sq Ft |
| 06/21/2024 06/21/24 | Pending | -- | -- | -- |
| 06/21/2024 06/21/24 | For Sale | $52,000 | -- | $60 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
Tax History Compared to Growth
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 | $976 | $56,600 | $15,480 | $41,120 |
| 2023 | $976 | $56,600 | $15,480 | $41,120 |
| 2022 | $828 | $45,160 | $12,900 | $32,260 |
| 2021 | $828 | $45,160 | $12,900 | $32,260 |
| 2020 | $716 | $37,870 | $10,320 | $27,550 |
| 2019 | $694 | $37,590 | $0 | $0 |
| 2018 | $700 | $37,590 | $0 | $0 |
| 2017 | $774 | $36,840 | $0 | $0 |
| 2016 | $742 | $36,840 | $0 | $0 |
| 2015 | $742 | $0 | $0 | $0 |
| 2014 | $740 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Emily Koch
-
Spencer Koch
S
Seller Co-Listing Agent in 2025
Spencer Koch
Koch Real Estate
(563) 422-7274
3 Total Sales
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20242627
APN: 11-29-204-003
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