NOT LISTED FOR SALE

703 1st St Lorimor, IA 50149

Estimated Value: $173,000 - $194,264

4 Beds
2.5 Baths
1,210 Sq Ft
$149/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $162,500 $134 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,204/month

11 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Vinyl Flooring
  • No HOA
  • Property is Fully Fenced

About This Home

As of June 2023

Check out this three-bedroom two-bathroom ranch style home located on the edge of town. This property boasts an additional lot to the west to double your yard space and has a fenced in yard behind the house for privacy. The basement is partially finished with living space and a full bathroom. Additional bedrooms could easily be created for additional finished space in the basement. Call for your showing today!

Last Listed By

Devin Bear

Frederick Real Estate Services Listed on: 04/13/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,686

Year Built

  • Built in 1980

Lot Details

  • 0.65 Acre Lot
  • Property is Fully Fenced

Home Design

  • 1,210 Sq Ft Home
  • Ranch Style House
  • Asphalt Shingled Roof
  • Vinyl Siding

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Additional Features

  • Laundry on main level
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0415208010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,686

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 140.50
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 134.30
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 1st Flr Laundry, Laminate Floors, Vinyl Floors
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Basement Description: Partial Finished
  • Sq Ft Bsmt: 1210
  • Sq Ft Fin Bsmt: 600
  • Living Area Sq Ft: 1210
  • Total Sq Ft: 1210

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Fully Fenced Yard
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Gravel

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Attached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: East Union

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Lot Info

  • Lot S F: 28400
  • Lot Shape: Regular
  • Assessor Parcel Number: 0415208010
  • Zoning: Resid

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 2686.00
  • Net Taxes: 2452.00

MLS Schools

  • School District: East Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2014
Closed on
Dec 2, 2014
Sold by
Alliance Realty Capital Llc
Bought by
Smith Cassandra R
Seller's Agent
Matt Maro
RE/MAX Concepts
Buyer's Agent
Matt Maro
RE/MAX Concepts
List Price
$40,000
Sold Price
$39,000
Premium/Discount to List
-$1,000
-2.5%
Total Days on Market
11
Current Estimated Value
$180,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,316
Avg. Annual Appreciation
15.55%
Original Mortgage
$0
Interest Rate
4.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 12, 2006
Sold by
Donadio Lisa
Bought by
Semke Scott and Semke Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
8.67%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Smith Cassandra R $39,000 None Available
Semke Scott $85,000 Access Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loy Stacy $62,000
Closed Smith Cassandra $27,499
Previous Owner Not Provided $0
Previous Owner Semke Scott $68,000
Previous Owner Semke Scott $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $162,500 -4.4% $134 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $170,000 +335.9% $140 / Sq Ft
11/26/2014 11/26/14 Sold $39,000 -2.5% $32 / Sq Ft
11/26/2014 11/26/14 Pending -- -- --
11/14/2014 11/14/14 For Sale $40,000 -- $33 / Sq Ft
Source: Des Moines 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 $2,444 $160,030 $9,450 $150,580
2023 $2,388 $123,580 $5,620 $117,960
2022 $2,452 $102,400 $5,620 $96,780
2021 $2,452 $95,700 $5,250 $90,450
2020 $2,218 $94,320 $2,190 $92,130
2019 $2,274 $94,320 $0 $0
2018 $2,222 $94,320 $0 $0
2017 $2,282 $94,320 $0 $0
2016 $2,228 $94,320 $0 $0
2015 $2,228 $86,530 $0 $0
2014 $1,890 $86,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 670924

Des Moines Area Association of REALTORS®

APN: 0415208010