NOT LISTED FOR SALE

703 E Water St Decorah, IA 52101

Estimated Value: $234,000 - $249,997

3 Beds
1.5 Baths
1,755 Sq Ft
$137/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $200,000 $114 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,530/month

107 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • 1 Car Attached Garage
  • Carrie Lee Elementary School Rated 9+
  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

Family home or business opportunity minutes from the heart of Decorah! This 3 bdrm ranch resides on a large lot at the corner of Montgomery and Water Street with an attached 1 car garage. All bedrooms are on the main level with a full bath. Another 1/2 bath in the lower level with a family room, bar, and plenty of room for storage . Hardwood floors throughout. 3 season patio to enjoy, overlooking a spacious backyard. All appliances, incl. washer/dryer as well. Schedule a showing today to see the full potential of this prime location property!

Last Agent to Sell the Property

Jayme Folkedahl

Kelly Real Estate Inc License #S61676 Listed on: 12/13/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,403

Year Built

  • Built in 1961

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 125 x 151
  • Corner Lot
  • Property is zoned R-3

Home Design

  • Concrete Foundation
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,755 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Fire and Smoke Detector
  • Partially Finished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Washer and Gas Dryer Hookup

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Enclosed Patio or Porch
  • Storage Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 111533100200

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,403

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Parcel Number: 111533100200
  • Year Built: 1961
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Dryer Hookup-Gas, Lower Level, Washer Hookup
  • ResoLotFeatures: Corner Lot
  • Lot Size Acres: 0.3
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 563-382-8406
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan/Light, Hardwood Floors
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1755
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dishwasher, Free-Standing Range, Refrigerator, Vented Exhaust Fan, Gas Water Heater, Water Softener
  • Basement: Block, Concrete, Partially Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 525
  • BelowGradeArea: 1038

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Porch-Enclosed, Storage Shed

Garage/Parking

  • Parking Features: 1 Stall, Attached Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: N/A

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: 125 x 151
  • Lot Size Sq Ft: 13213
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2403

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2021
Closed on
May 13, 2022
Sold by
Kotek Jeffrey A and Kotek Pamela M
Bought by
Battle Raven C and Battle Leslie N
Seller's Agent
Jayme Folkedahl
Kelly Real Estate Inc
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Current Estimated Value
$241,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,249
Avg. Annual Appreciation
5.17%
Original Mortgage
$202,020
Outstanding Balance
$192,788
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$43,406

Purchase Details

Closed on
Feb 15, 2022
Sold by
Kotek Jeffrey A and Kotek Pamela M
Bought by
Kotek Jason M and Kotek Carissa K

Purchase Details

Closed on
Oct 31, 2019
Sold by
Herold Floyd L and Herold Connie M
Bought by
Kotek Jeffrey A and Kotek Pamela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,256
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2019
Sold by
Berg James C and Berg Donna F
Bought by
Herold Floyd L and Herold Connie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,256
Interest Rate
3.65%
Mortgage Type
New Conventional
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
Battle Raven C $200,000 None Listed On Document
Kotek Jason M -- None Listed On Document
Kotek Jeffrey A $126,000 --
Herold Floyd L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Battle Raven C $202,020
Previous Owner Kotek Jeffrey A $117,256
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $200,000 -7.0% $114 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
01/13/2022 01/13/22 Price Changed $215,000 -4.4% $123 / Sq Ft
12/13/2021 12/13/21 For Sale $225,000 -- $128 / 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 $2,944 $166,610 $25,860 $140,750
2023 $2,848 $166,610 $25,860 $140,750
2022 $2,526 $145,570 $21,550 $124,020
2021 $2,404 $125,200 $21,550 $103,650
2020 $2,404 $116,910 $21,550 $95,360
2019 $2,168 $116,910 $0 $0
2018 $2,180 $116,910 $0 $0
2017 $2,160 $111,530 $0 $0
2016 $2,124 $111,530 $0 $0
2015 $2,022 $106,640 $0 $0
2014 $2,022 $106,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20215745

Northeast Iowa Regional Board of REALTORS®

APN: 111533100200