NOT LISTED FOR SALE

702 Main St Elma, IA 50628

Estimated Value: $94,000 - $140,000

3 Beds
2 Baths
1,840 Sq Ft
$69/Sq Ft Est. Value

Last Sold September 16, 2019

Last sale price $61,929 $34 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $925/month

130 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • Landscaped
  • Corner Lot
  • 2 Car Detached Garage
  • Humidifier

About This Home

As of September 2019

Stately Victorian styled home on a large corner lot on Main Street Elma. This home will make for quiet small town living at it's best. All room sizes are generous sized such as the formal living room, huge formal dining room, eat-in kitchen, and large rear entry laundry room. There is also a very functional den/office/play room/or possible bedroom on the main floor which is joined by a new handicap accessible 3/4 bath featuring a large walk-in shower. Upstairs are three large bedrooms and the second bathroom featuring a claw foot tub. Most all of the big ticket and mechanical items have been updated or replaced such as the roof, wiring, furnace, kitchen, baths, and the newer double garage. So, move right in to this lovely family home and enjoy small town America!!

Last Agent to Sell the Property

Philip Kolbet

Kolbet Realtors License #B23079 Listed on: 04/04/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,062

Year Built

  • Built in 1894

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100x140
  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

  • Asphalt Roof
  • Wood Siding
  • Shake Siding

Interior Spaces

  • 1,840 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Laundry on main level

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Stone Basement
  • Interior Basement Entry

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Covered patio or porch
  • Storage Shed

Schools

  • Howard Winneshiek Elementary And Middle School
  • Crestwood High School

Utilities

  • Window Unit Cooling System
  • Humidifier
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 300024701010000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,062

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Parcel Number: 300024701010000
  • Year Built: 1894
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor
  • ResoLotFeatures: Corner Lot, Level
  • Lot Size Acres: 0.32
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Alley
  • Co List Office Phone: 641-732-3337
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan/Light, Hardwood Floors
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1840
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Humidifier, Free-Standing Range, Electric Water Heater
  • Basement: Entrance-Inside, Stone/Rock, Partially Unfinished
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • BelowGradeArea: 710

Exterior Features

  • Construction Type: Shakes, Wood Siding
  • Exterior Features: Sidewalk, Landscaping, Porch-Covered, Storage Shed

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage, Garage Door Opener, Wired

Utilities

  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Electric, Forced Air, Propane
  • Sewer: City Sewer
  • Water Source: City

Schools

  • Elementary School: Howard Winneshiek
  • High School: Crestwood
  • Middle Or Junior School: Howard Winneshiek

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 100x140
  • Lot Size Sq Ft: 14000
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
Sep 16, 2019
Sold by
Lingbeck Robert V and Lingbeck Sandra L
Bought by
Fields Gerald G and Fields Pamela S
Seller's Agent
Philip Kolbet
Kolbet Realtors
List Price
$64,500
Sold Price
$61,929
Premium/Discount to List
-$2,571
-3.99%
Current Estimated Value
$136,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,669
Avg. Annual Appreciation
14.85%
Original Mortgage
$49,500
Outstanding Balance
$33,851
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$106,146

Purchase Details

Closed on
Jul 13, 2018
Sold by
Smith Vern A and Smith Judith A
Bought by
Lingbeck Robert V and Lingbeck Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2006
Sold by
Wilberding Valerie and Wilberding Stacey
Bought by
Smith Vern A and Smith Judith A
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
Fields Gerald G $62,000 --
Lingbeck Robert V $58,000 --
Smith Vern A $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fields Gerald G $49,500
Previous Owner Lingbeck Robert V $46,400
Previous Owner Smith Vern A $50,721
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $61,929 -4.0% $34 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $64,500 -- $35 / 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 $2,044 $113,900 $6,620 $107,280
2023 $2,044 $113,900 $6,620 $107,280
2022 $1,614 $84,890 $6,620 $78,270
2021 $1,344 $84,890 $6,620 $78,270
2020 $1,218 $68,350 $6,620 $61,730
2019 $1,088 $68,350 $0 $0
2018 $1,062 $68,350 $0 $0
2017 $848 $39,790 $0 $0
2016 $626 $39,790 $0 $0
2015 $626 $39,790 $0 $0
2014 $628 $39,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20191571

Northeast Iowa Regional Board of REALTORS®

APN: 300-02-47-01-010-000