NOT LISTED FOR SALE

702 E Water St Unit 3 Decorah, IA 52101

Estimated Value: $301,000 - $401,000

2 Beds
2 Baths
1,333 Sq Ft
$125/mo HOA Fee

Last Sold December 21, 2020

Last sale price $270,000 $203 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,525/month

47 Days on Market

Highlights

  • Heated Floors
  • 2 Car Attached Garage
  • Water Softener
  • Decorah Middle School Rated A
  • Central Air
  • Ceiling Fan

About This Home

As of December 2020

Enjoy easy living within walking distance to downtown! Leave the snow removal and lawn care to someone else. Unique wood living room, dining room, and kitchen ceiling. This high quality two bedroom condo boasts granite counters, combined living and dining rooms, and master bedroom and bath with a walk-in closet and tiled shower. Private patio with maintenance-free decking.

Last Agent to Sell the Property

Jayme Folkedahl

Kelly Real Estate Inc License #S61676 Listed on: 08/19/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $455

Year Built

  • Built in 2017

Lot Details

  • 5,227

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Asphalt Roof
  • Cement Board or Planked

Interior Spaces

  • 1,333 Sq Ft Home
  • Ceiling Fan
  • Heated Floors

Kitchen

  • Built-In Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Water Softener

Community Details

  • Fire and Smoke Detector

Listing and Financial Details

  • Assessor Parcel Number 111533700300

Property Details

Home Type

Condominium

Est. Annual Taxes

$455

Year Built

Built in 2017

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Parcel Number: 111533700300
  • Year Built: 2017
  • Property Sub-Type: Condominium
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.12
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 563-382-8406
  • MLS Status: Closed
  • Architectural Style: Condominium
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan(s)
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1333
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Smoke Detector, Built-In Oven, Dishwasher, Dryer, Disposal, Microwave Built In, Refrigerator, Washer, Water Softener
  • Basement: None
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 0

Exterior Features

  • Construction Type: Cement Board

Garage/Parking

  • Parking Features: 2 Stall, Attached Garage, Garage Door Opener

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Gas, In Floor Heat
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 125
  • Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Zoning: R-3
  • Lot Dimensions: 40x48
  • Lot Size Sq Ft: 5317
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 455

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2021
Sold by
Schmitt Sharon K
Bought by
Sharon K Schmitt Revocable Intervivos Trust
Current Estimated Value
$365,172

Purchase Details

Listed on
Aug 19, 2020
Closed on
Dec 15, 2020
Sold by
Roher Dale R and Roher Sharon M
Bought by
Schmitt Sharon K
Seller's Agent
Jayme Folkedahl
Kelly Real Estate Inc
List Price
$272,000
Sold Price
$270,000
Premium/Discount to List
-$2,000
-0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$216,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2017
Closed on
Jun 22, 2017
Sold by
Water Street Condominiums Llc
Bought by
Roher Dale R and Roher Sharon M
Seller's Agent
Jayme Folkedahl
Kelly Real Estate Inc
List Price
$269,000
Sold Price
$255,000
Premium/Discount to List
-$14,000
-5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.66%
Source: Public Records

Range of Values:

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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
Sharon K Schmitt Revocable Intervivos Trust -- None Listed On Document
Schmitt Sharon K $270,000 None Listed On Document
Schmitt Sharon K $270,000 None Available
Roher Dale R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmitt Sharon K $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $270,000 0.0% $203 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/28/2020 09/28/20 Price Changed $269,900 -0.8% $202 / Sq Ft
08/19/2020 08/19/20 For Sale $272,000 +6.7% $204 / Sq Ft
06/30/2017 06/30/17 Sold $255,000 -5.2% $191 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $269,000 -- $202 / Sq Ft
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
2024 $4,922 $282,800 $44,660 $238,140
2023 $848 $282,800 $44,660 $238,140
2022 $668 $49,580 $26,590 $22,990
2021 $302 $42,080 $26,590 $15,490
2020 $302 $26,590 $26,590 $0
2019 $296 $26,590 $0 $0
2018 $156 $19,750 $0 $0
2017 $170 $8,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20204172

Northeast Iowa Regional Board of REALTORS®

APN: 111533700300