NOT LISTED FOR SALE

702 Loomis Ave Corning, IA 50841

Estimated Value: $88,000 - $95,438

3 Beds
1.5 Baths
1,160 Sq Ft
$79/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $93,000 $80 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $633/month

6 Days on Market

Highlights

  • Ranch Style House
  • Double Pane Windows
  • Living Room
  • Shutters
  • Building Patio
  • Forced Air Heating and Cooling System

About This Home

As of May 2024

Discover the perfect blend of comfort and convenience in this immaculately maintained ranch-style home, ideally situated close to the local school. From the moment you step inside, you'll be greeted by an inviting atmosphere that speaks volumes of the care and attention given to this residence. The home's worry free vinyl exterior and double pane windows are complemented by a wonderful covered patio area, perfect for enjoying leisurely afternoons or hosting gatherings with friends and family. The living room is bathed in natural light and under all that carpeting you'll find stunning hardwood floors, offering the potential for a chic and timeless look. So space has been wasted in this home with built in cabinets and storage closets and nooks abound in each room. Step into the expansive basement of this home, where additional living space meets functionality and comfort. This area has been thoughtfully designed to maximize both usability and storage, making it an ideal extension of the home's living quarters. Adding to the basement's appeal is a non-conforming bedroom. This additional room, while not officially designated as a bedroom, offers a private and secluded space for guests, a hobby room, or even a home gym. This ranch-style home isn't just a living space; it's a testament to meticulous upkeep and a promise of effortless living.

Last Listed By

Kiki Scarberry

Our Town Realty, LLC Listed on: 02/08/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,542

Year Built

  • Built in 1957

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60 x 132

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Double Pane Windows
  • Shutters
  • Drapes & Rods
  • Blinds
  • Window Screens
  • Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Building Patio
  • Community Deck or Porch

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,542

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Legal Description: N16' OF LOT 45-46 & VAC ALLEY & S 9.5'OF LOTS 43-44 & VAC ALLEY GROVE ADD & PART OF LOTS 45-46 IN GROVE ADD or as per abstract
  • Year Built: 1957
  • Property Includes: Range, Dishwasher, table and desk in workshop area by the furnace in the basement, also sink and vanity will be left to finish the basement bathroom (toilet works) and window coverings are included.
  • OFFICELIST_ADDRESS: 702 Loomis Avenue
  • Distribute To Internet: Yes
  • List Office I D: 174
  • Sales Office I D: 2763
  • Selling Agent: 4378
  • Street Designation: Avenue
  • Building Style: Ranch
  • Bedroom 1 Level: Main
  • Special Features: None

Interior Features

  • Common Walls: No
  • Appliances: Range, Dishwasher, Disposal
  • Living Area Units: Square Feet
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Total Bathrooms: 2
  • Basement: Full, Finished (Livable)
  • Half Bathrooms: 1
  • Dining Room: No
  • Family Room: No
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Price Per S Q F T: 80.17
  • Window Features: Blinds, Double Pane Windows, Drapes, Screens, Shutters
  • Above Grade Finished Sq Ft: 1160
  • Above Grade Finished Sq Ft: 1160
  • Below Grade Finished Sq Ft: 1100
  • Below Grade Total Sq Ft: 1160
  • Fireplace: No
  • Total Finished Sq Ft: 1160
  • Three Quarter Bathrooms: 1
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Living Room Level: Main

Exterior Features

  • Exterior: Vinyl
  • Foundation Size: 1160
  • Roof: Age Over 8 Years, Asphalt Shingles

Garage/Parking

  • Description: Driveway - Concrete
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Water: City Water - In Street
  • Electric: Circuit Breakers

Condo/Co-op/Association

  • Amenities: Patio

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.18
  • Geo Update Timestamp: 2024-02-08
  • Assessment Pending: No
  • Homestead Description: Owner
  • Lot Dimensions: 60 x 132
  • Lot Size Sq Ft: 7841
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2023
  • Gross Taxes: 1542
  • Net Taxes: 1344

MLS Schools

  • School District: 1431 - Corning

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
May 10, 2024
Sold by
Core Roxy A C
Bought by
Tepoel Chance and Damewood Tonna
Seller's Agent
Kiki Scarberry
Our Town Realty, LLC
Buyer's Agent
Casey Roberts
Liberty Realty
List Price
$109,500
Sold Price
$93,000
Premium/Discount to List
-$16,500
-15.07%
Total Days on Market
6
Views
31
Current Estimated Value
$91,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,390
Avg. Annual Appreciation
-1.57%
Original Mortgage
$93,939
Outstanding Balance
$93,238
Interest Rate
7.06%
Mortgage Type
New Conventional
Estimated Equity
-$1,628

Purchase Details

Closed on
Jun 4, 1981
Bought by
Core Stanley Dean and Callahan Roxy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,807
Interest Rate
16.8%
Mortgage Type
New Conventional

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
Tepoel Chance $93,000 --
Core Stanley Dean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tepoel Chance $93,939
Previous Owner Core Stanley Dean $19,807
Closed Core Stanley Dean $20,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $93,000 -15.1% $80 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $109,500 -- $94 / Sq Ft
Source: NoCoast MLS

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 $1,494 $96,500 $7,500 $89,000
2023 $1,494 $96,500 $7,500 $89,000
2022 $1,196 $72,700 $7,500 $65,200
2021 $1,142 $59,487 $3,946 $55,541
2020 $1,166 $59,487 $3,946 $55,541
2019 $1,166 $59,487 $0 $0
2018 $1,142 $59,487 $0 $0
2017 $1,172 $59,487 $0 $0
2016 $1,146 $59,487 $0 $0
2015 $910 $49,572 $0 $0
2014 $854 $49,572 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: NoCoast MLS

MLS Number: NOC6314548

NoCoast MLS

APN: 000000004158100100