NOT LISTED FOR SALE

802 Commerce Dr Decorah, IA 52101

Estimated Value: $268,463

0.53 Acre
$506,534 Price per Acre
23,087 Sq Ft Lot

Last Sold March 29, 2018

Last sale price $86,888

Est. 209% increase in value since last sale

Current estimated payment $2,031/month

93 Days on Market

Highlights

  • 0.53 Acre Lot
  • Carrie Lee Elementary School Rated 9+
  • Corner Lot

About This Lot

As of March 2018

Great corner commercial lot available in Decorah near the hospital. Good sized lot measuring 200 x 115 with plenty of parking space. The basement exists to the original structure. The floor will be removed.

Last Agent to Sell the Property

Michael Kelly

Kelly Real Estate Inc License #B25830 Listed on: 11/22/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,425

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 200 x 115
  • Corner Lot
  • Property is zoned C-1

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 112218002100

Property Details

Property Type

Land

Est. Annual Taxes

$1,425

Lot Details

0

Listing Details

  • Parcel Number: 112218002100
  • Property Sub-Type: Commercial
  • PropertyType: Land
  • ResoLotFeatures: Commercial, Corner Lot
  • Lot Size Acres: 0.53
  • Road Frontage Type: City Street, Hard Surface Road
  • Co List Office Phone: 563-382-8406
  • MLS Status: Closed
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Office/Institutional

Utilities

  • Sewer: City Sewer
  • Water Source: City

Schools

  • Elementary School: Decorah Community Schools
  • High School: Decorah Community Schools
  • Middle Or Junior School: Decorah Community Schools

Lot Info

  • Zoning: C-1
  • Lot Dimensions: 200 x 115
  • Lot Size Sq Ft: 23000
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2020
Sold by
Allison Jeffrey J
Bought by
Renproperties Llc
Current Estimated Value
$268,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$442,536
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 14, 2015
Sold by
Downing Steven C and Downing Debra A
Bought by
Allison Jeffrey J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Renproperties Llc $200,000 None Available
Allison Jeffrey J $37,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Renproperties Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2018 03/29/18 Sold $86,888 0.0% --
02/28/2018 02/28/18 Off Market $86,888 -- --
01/19/2018 01/19/18 Price Changed $99,000 -23.6% --
11/22/2017 11/22/17 For Sale $129,500 -- --
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
2025 $7,638 $674,320 $83,870 $590,450
2024 $7,638 $284,810 $83,870 $200,940
2023 $4,480 $262,160 $83,870 $178,290
2022 $3,366 $189,490 $69,890 $119,600
2021 $2,498 $166,840 $69,890 $96,950
2020 $2,498 $121,540 $69,890 $51,650
2019 $920 $46,020 $0 $0
2018 $928 $46,020 $0 $0
2017 $902 $43,010 $0 $0
2016 $1,768 $85,620 $0 $0
2015 $1,768 $85,620 $0 $0
2014 $13,114 $395,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Kelly

    Seller's Agent in 2018

    Michael Kelly

    Kelly Real Estate Inc

    (563) 380-2266

    32 in this area

    46 Total Sales

    Michael Kelly
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20176342

Northeast Iowa Regional Board of REALTORS®

APN: 112218002100

Iowa Winneshiek County Decorah 52101

802 Commerce Dr, Decorah, IA

Not Listed for Sale

Lots

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