NOT LISTED FOR SALE

811 S Frederick Ave Oelwein, IA 50662

Estimated Value: $80,273 - $99,000

2 Beds
2 Baths
1,206 Sq Ft
$72/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $35,000 $29 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $587/month

17 Days on Market

About This Home

As of April 2022

This home has had it's trouble. This is an opportunity for someone to pick it up for a good price and make it happy again. Water meter froze in basement flooding the basement. Furnace, water heater and electrical panel must be replaced as per Oelwein city inspector before considered habitable. It also sustained storm damage. Garage roof and siding requires repair. New siding in the boxes are included in the sale. Two lots, 1400 SF. Some interior improvement already completed include new flooring and some bathroom remodel. 2 bdrms, 2 full baths. Roof new in 2021. Large 24 x 40 garage. Tons of potential. If you're handy or looking for a project call today to take a look.

Last Listed By

Sandra Graf

Century 21 Signature Real Estate - Cedar Falls License #B17873 Listed on: 03/16/2022

Century 21 Signature Real Estate - Cedar Falls

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1916

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 50x240
  • Additional Parcels
  • Property is zoned R-2

Parking

  • 3 Car Detached Garage

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,206 Sq Ft Home
  • Partially Finished Basement
  • Interior Basement Entry
  • Laundry on lower level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Oelwein Elementary And Middle School
  • Oelwein High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 18282130021828213005

Home Details

Home Type

Single Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Parcel Number: 18282130021828213005
  • Year Built: 1916
  • Property Sub-Type: Single Family Residence
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.32
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Crushed Rock
  • Co List Office Phone: 319-266-8080
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1206
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Entrance-Inside, Floor Drain, Partially Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • BelowGradeArea: 544

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: 3 or More Stalls, Detached Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Oelwein
  • High School: Oelwein
  • Middle Or Junior School: Oelwein

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 50x240
  • Lot Size Sq Ft: 1400
  • Additional Parcels: Yes

Tax Info

  • Tax Annual Amount: 1472

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2024
Sold by
Fji-I Holdings Llc
Bought by
Fji-I-Sd1 Holdings Llc
Total Days on Market
17
Current Estimated Value
$87,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,076,000
Outstanding Balance
$1,072,510
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
-$987,930

Purchase Details

Closed on
Aug 27, 2021
Sold by
Tanner Sauerbrei
Bought by
Lawrence Real Estate Llc

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
Fji-I-Sd1 Holdings Llc -- Title Services Corporation
Lawrence Real Estate Llc -- None Listed On Document
Sauerbrei Tanner $18,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fji-I-Sd1 Holdings Llc $1,076,000
Previous Owner Smoketown Enterprises Llc $12,000
Closed Lawrence Real Estate Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $35,000 0.0% $29 / Sq Ft
04/02/2022 04/02/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $35,000 -- $29 / 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 $1,260 $66,490 $7,650 $58,840
2023 $1,570 $66,490 $7,650 $58,840
2022 $1,274 $52,960 $6,380 $46,580
2021 $155 $52,960 $6,380 $46,580
2020 $1,424 $64,500 $4,590 $59,910
2019 $1,328 $60,200 $0 $0
2018 $1,298 $60,200 $0 $0
2017 $1,318 $58,290 $0 $0
2016 $1,286 $58,290 $0 $0
2015 $1,286 $0 $0 $0
2014 $1,268 $0 $0 $0
Source: Public Records

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Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20220986

Northeast Iowa Regional Board of REALTORS®

APN: 18-28-213-002