NOT LISTED FOR SALE

695 Western Ave Marengo, IA 52301

Estimated Value: $101,000 - $120,254

2 Beds
1.5 Baths
1,008 Sq Ft
$108/Sq Ft Est. Value

Last Sold April 10, 2023

Last sale price $30,000 $30 Per Sq Ft

Est. 262% increase in value since last sale

Current estimated payment $725/month

10 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • Garden
  • Living Room
  • Property is near shops
  • Forced Air Heating and Cooling System

About This Home

As of April 2023

Attention investors and handy folks! Here’s an affordable opportunity located in Marengo, IA. Located on a spacious corner lot this 2 bed 1.5 bath home is ready for some TLC and to become a great home again. Priced to sell, sold as is.

Last Agent to Sell the Property

Trent Forrest

Iowa Elite Marketing Group Listed on: 03/10/2023

Last Buyer's Agent

Trent Forrest

Iowa Elite Marketing Group Listed on: 03/10/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,767

Year Built

  • Built in 1915

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 69x133
  • Corner Lot
  • Garden

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Location

  • Property is near shops

Schools

  • Iowa Valley Elementary And Middle School
  • Iowa Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available

Community Details

  • Hulls Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7314-0801-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,767

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1008
  • Homebuilder: Unknown
  • Owner Name L F Mi: Hills Bank and Trust
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Offers can only be presented during normal business hours/days. Bank owned.
  • Year Built: 1915
  • Tax Year Report: 2021
  • Subdivision: HULLS
  • Directions: From Hwy 6, North on Western Ave home is on corner of Western and Randolph
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to Shopping
  • Basement Remarks: Block, Full, Unfinished
  • Fireplace Type Location: None
  • Interior R: Other
  • Kitchen Breakfast R: Other
  • Lot Description R: Less than .5 Acre, Corner
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: Attention investors and handy folks! Here’s an affordable opportunity located in Marengo, IA. Located on a spacious corner lot this 2 bed 1.5 bath home is ready for some TLC and to become a great home again. Priced to sell, sold as is.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: None
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1008
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Number of Lower Level Half Bathrooms: 1
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Garden Area

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Gas, Central, Forced Air

Schools

  • Elementary School: Iowa Valley
  • Middle School: Iowa Valley
  • High School: Iowa Valley
  • High School: Iowa Valley
  • Jr Middle School: Iowa Valley
  • Elementary School: Iowa Valley

Lot Info

  • Acreage: 0.21
  • Geo Subdivision: IA
  • Lot Dimensions: 69x133
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 1259
  • Assessor Parcel Number: 7314-0801-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Apr 7, 2023
Sold by
Hills Bank And Trust Company
Bought by
Kooyman Brian R and Kooyman Kathy A
Seller's Agent
Trent Forrest
Iowa Elite Marketing Group
Buyer's Agent
Trent Forrest
Iowa Elite Marketing Group
List Price
$40,000
Sold Price
$30,000
Premium/Discount to List
-$10,000
-25%
Views
186
Current Estimated Value
$108,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,564
Avg. Annual Appreciation
72.23%

Purchase Details

Closed on
Jan 9, 2023
Sold by
Rotter Robert A
Bought by
Hills Bank And Trust Company

Purchase Details

Closed on
Jun 12, 2015
Sold by
Welch Leah C
Bought by
Gleason Timothy W

Purchase Details

Listed on
Apr 28, 2013
Closed on
Sep 25, 2013
Sold by
Traphaen Mitchell and Traphaen Michelle
Bought by
Gleason Timothy W and Welch Leah C
Seller's Agent
Lori Roller
Keller Williams Legacy Group
Buyer's Agent
TR Sandersfeld
Sandersfeld Realty Company
List Price
$64,900
Sold Price
$60,000
Premium/Discount to List
-$4,900
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$51,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 30, 2007
Sold by
Mullnix Brian J and Mullnix Karen M
Bought by
Traphagen Mitchell and Traphagen Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Interest Rate
6.79%
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
Kooyman Brian R $30,000 None Listed On Document
Hills Bank And Trust Company $37,434 --
Gleason Timothy W $5,000 None Available
Gleason Timothy W $60,000 None Available
Traphagen Mitchell $69,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gleason Timothy W $25,000
Previous Owner Gleason Timothy W $51,000
Previous Owner Gleason Timothy W $3,000
Previous Owner Traphagen Mitchell $55,200
Previous Owner Mullnix Karen $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $30,000 -25.0% $30 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $40,000 -33.3% $40 / Sq Ft
10/01/2013 10/01/13 Sold $60,000 -7.6% $60 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
04/28/2013 04/28/13 For Sale $64,900 -- $64 / Sq Ft
Source: Iowa City Area Association 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 $1,767 $92,150 $19,810 $72,340
2023 $1,603 $92,150 $19,810 $72,340
2022 $1,369 $79,940 $16,390 $63,550
2021 $1,259 $79,940 $16,390 $63,550
2020 $1,211 $68,770 $15,030 $53,740
2019 $1,293 $68,770 $15,030 $53,740
2018 $1,187 $65,190 $13,660 $51,530
2017 $1,133 $65,190 $13,660 $51,530
2016 $1,074 $62,710 $13,660 $49,050
2015 $1,131 $62,710 $13,660 $49,050
2014 $1,099 $61,640 $13,660 $47,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202301304

Iowa City Area Association of REALTORS®

APN: 73-14-0801-0