NOT LISTED FOR SALE

701 Maple Ave Decorah, IA 52101

Estimated Value: $286,000 - $402,000

0.12 Acre
$2,878,633 Price per Acre
5,550 Sq Ft Lot

Last Sold December 14, 2021

Last sale price $38,000

Est. 809% increase in value since last sale

Current estimated payment $1,843/month

156 Days on Market

About This Lot

As of December 2021

Attention! - level, residential, corner lot, one block from the Decorah Middle School and several blocks from downtown - build now and take advantage of the 5-year city tax abatement!

Last Agent to Sell the Property

Marcia Madrigal

Kelly Real Estate Inc License #B34397 Listed on: 06/09/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $574

Lot Details

  • 5,550 Sq Ft Lot
  • Lot Dimensions are 75 x 74
  • Corner Lot
  • Level Lot
  • Property is zoned R-3

Schools

  • Decorah Community Schools Elementary And Middle School
  • Decorah Community Schools High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 112120400800

Property Details

Property Type

Land

Est. Annual Taxes

$574

Lot Details

0

Listing Details

  • Parcel Number: 112120400800
  • Property Sub-Type: Residential Lots
  • PropertyType: Land
  • Current Use: Unimproved
  • ResoLotFeatures: Buildable, Corner Lot, Level, Residential
  • Road Frontage Type: City Street, Hard Surface Road, Unimproved
  • Co List Office Phone: 563-382-8406
  • MLS Status: Closed
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Residential

Utilities

  • Sewer: City Sewer
  • Utilities: Cable TV On-Site, Electricity Available, Natural Gas Available, Sewer Available, Telephone Line, City Water
  • Water Source: City

Schools

  • Elementary School: Decorah Community Schools
  • High School: Decorah Community Schools
  • Middle Or Junior School: Decorah Community Schools

Lot Info

  • Zoning: R-3
  • Topography: Level
  • Lot Dimensions: 75 x 74
  • Lot Size Sq Ft: 5550
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 574

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2023
Sold by
Engelhardt Michael J and Engelhardt Diana M
Bought by
Dotseth Jarad D and Dotseth Caitlyn C
Current Estimated Value
$345,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$582,292
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$236,856

Purchase Details

Closed on
Feb 4, 2021
Sold by
J Michael Grube Revocable Trust and Michael Grube J
Bought by
City Of Decorah Iowa

Purchase Details

Closed on
Jul 27, 2020
Sold by
Paye Heloise C and Strand Kay F
Bought by
Grube J Michael and Grube Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Dotseth Jarad D $410,000 None Listed On Document
City Of Decorah Iowa $40,500 None Listed On Document
Decorah City $40,000 None Available
Grube J Michael $20,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dotseth Jarad D $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2021 12/14/21 Sold $38,000 -23.8% --
11/12/2021 11/12/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $49,900 -- --
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
2025 $450 $378,900 $23,940 $354,960
2024 $450 $23,940 $23,940 $0
2023 $312 $23,940 $23,940 $0
2022 $312 $14,960 $14,960 $0
2021 $574 $14,960 $14,960 $0
2020 $574 $27,940 $14,960 $12,980
2019 $558 $27,940 $0 $0
2018 $562 $27,940 $0 $0
2017 $508 $24,200 $0 $0
2016 $500 $24,200 $0 $0
2015 $488 $23,670 $0 $0
2014 $480 $23,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20212555

Northeast Iowa Regional Board of REALTORS®

APN: 112120400800