NOT LISTED FOR SALE

731 N 1st St Cherokee, IA 51012

Estimated Value: $51,000 - $88,000

3 Beds
1 Bath
1,344 Sq Ft
$51/Sq Ft Est. Value

Last Sold January 19, 2023

Last sale price $40,000 $30 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $509/month

38 Days on Market

Highlights

  • 1 Car Detached Garage
  • Patio
  • Forced Air Heating and Cooling System
  • Eat-In Kitchen
  • Living Room
  • Dining Room

About This Home

As of January 2023

This home is located on 1st St. in Cherokee just south of the Hospital. It would be a great investment opportunity and with a little work you could quickly build some equity in it or be a great addition to your rental portfolio. There is a kitchen, living room, dining room, mudroom/laundry room, and storage on the main floor. Upstairs you will find 3 bedrooms and a full bathroom. There is a full basement that is unfinished but offers additional storage. There is a detached garage on the property as well. The neighbor to the south has an easement that gives them the capability to use the driveway to access the garage behind their home.

Last Agent to Sell the Property

Rusty Rasmus

Rasmus Realty & Auction License #S44870 Listed on: 10/31/2022

Last Buyer's Agent

Cindy Wilberding

EXIT Realty Midwest - Cherokee License #S57972

EXIT Realty Midwest - Cherokee

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $468

Year Built

  • Built in 1890

Lot Details

  • 0.26

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 1,344 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Laundry on main level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Schools

  • Cherokee Elementary School
  • Cherokee Middle School
  • Washington High School

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available

Additional Features

  • Patio
  • 0.26 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 19035-0727255011

Home Details

Home Type

Single Family

Est. Annual Taxes

$468

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: 1 1/2 Story
  • Legal Description: E166 2/3' S67 1/3' N125'LOT 3 CORBETT & KELLOGG S/D SW NE 5934
  • Year Built: 1890
  • School Middle Junior: Cherokee Middle
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Basement: Unfinished
  • Main Level Rooms: Dining, Kitchen, Laundry, Living
  • Second Level Rooms: Bedroom, Full Bath
  • Total Sq Ft: 1344
  • Main Level Sq Ft: 861
  • Sq Ft Above Grade: 1344
  • Sq Ft Below Grade Total: 690
  • Sq Ft Below Grade Unfinis: 690
  • Price Per Sq Ft: 29.76

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Type: Detached
  • Internet: Yes
  • Driveway: Gravel
  • Garage Spaces: 1
  • Sq Ft Garage: 360

Utilities

  • Air Conditioning Type: Central
  • Flood Insurance: Not Required
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Type: City

Association/Amenities

  • Amenities: Eat-In Kitchen, Patio

Schools

  • Elementary School: Cherokee
  • Middle School: Cherokee Middle
  • High School: Washington High

Lot Info

  • Acres: 0.26
  • Parcel Number: 19035-0727255011
  • Zoning: RES

Tax Info

  • Year: 2020
  • Gross Taxes: 468
  • Tax Database Id: 1
  • Assessor Parcel Number: 19035-0727255011

MLS Schools

  • School Elementary: Cherokee
  • School High: Washington High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Jan 18, 2023
Sold by
Bakker Lauren R
Bought by
Castro Edgar L and Castro Alma L
Seller's Agent
Rusty Rasmus
Rasmus Realty & Auction
Buyer's Agent
Cindy Wilberding
EXIT Realty Midwest - Cherokee
List Price
$55,000
Sold Price
$40,000
Premium/Discount to List
-$15,000
-27.27%
Views
138
Current Estimated Value
$79,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,993
Avg. Annual Appreciation
23.06%
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
Castro Edgar L $40,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2023 01/19/23 Sold $40,000 -15.8% $30 / Sq Ft
12/08/2022 12/08/22 Pending -- -- --
11/28/2022 11/28/22 Price Changed $47,500 -13.6% $35 / Sq Ft
10/31/2022 10/31/22 For Sale $55,000 -- $41 / Sq Ft
Source: Northwest 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 $856 $50,880 $13,800 $37,080
2023 $460 $50,880 $13,800 $37,080
2022 $442 $36,430 $10,350 $26,080
2021 $442 $36,430 $10,350 $26,080
2020 $458 $36,430 $10,350 $26,080
2019 $492 $36,430 $0 $0
2018 $554 $40,511 $0 $0
2017 $568 $40,511 $0 $0
2016 $550 $40,511 $0 $0
2015 $448 $34,624 $0 $0
2014 $448 $34,624 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 819244

Northwest Iowa Regional Board of REALTORS®

APN: 7-27-255-011