NOT LISTED FOR SALE

922 N Federal Ave Mason City, IA 50401

Estimated Value: $64,000 - $118,482

3 Beds
1.5 Baths
2,184 Sq Ft
$44/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $40,000 $18 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $604/month

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Gas Log Fireplace

About This Home

As of November 2019

Investor alert. This home has an active lease on it and will sell with lease in place. Solid tenants that are current on rent. Rent currently is $700/month. Must have 24 hour notice to view this home. Lease is valid until 10.31.19.

Last Agent to Sell the Property

Erin Runde

RUNDE REAL ESTATE & PROPERTY MANAGEMENT License #B57603 Listed on: 03/21/2019

Last Buyer's Agent

Lola Vaith

CENTURY 21 PREFERRED

CENTURY 21 PREFERRED

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 69x102
  • Property is zoned RG/GENERAL RES

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,184 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1.5 Bathrooms

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

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

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: SF WITHIN MASON
  • Style: 2 Story
  • Office Web Site: www.RundeRealEstate.com
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: One, Gas Log
  • Bedrooms: 3
  • Bedroom 1: On Level: Upper, Dimensions: 16x12
  • Bedroom 2: On Level: Upper, Dimensions: 14x14
  • Bedroom 3: On Level: Upper, Dimensions: 12x8
  • Bathrooms: 1.50
  • Basement: Full
  • Dining Room: On Level: Main, Dimensions: 16x10
  • Living Room: On Level: Main, Dimensions: 22x14
  • Utility Room Type: Main
  • Kitchen: On Level: Main, Dimensions: 14x10
  • Main Level Finished Sq Ft: 1032
  • Upper Level Finished Sq Ft: 576
  • Total Unfinished/Finished Sq Ft: 2184

Exterior Features

  • Construction: Vinyl Siding
  • Foundation: Stone
  • Roof: Asphalt

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Detached
  • Garage Capacity: 2
  • Garage: Detached

Utilities

  • Air Conditioner: Central
  • Flood Insurance: Not Required
  • Heat: Forced Air, Gas
  • Utilities Sewer: CITY
  • Water: CITY

Lot Info

  • Total Assessed Value: 66450
  • Estimated Lot Sq Ft: 69x102
  • Zoning: RG/GENERAL RES

Tax Info

  • Year: 17-18
  • Taxes: 1242

MLS Schools

  • School District: Mason City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2019
Closed on
Oct 29, 2019
Sold by
Johnson Leonard D and Johnson Lelsie J
Bought by
Akbar Muhammed J and Akabr Karrie J
Seller's Agent
Erin Runde
RUNDE REAL ESTATE & PROPERTY MANAGEMENT
Buyer's Agent
Lola Vaith
CENTURY 21 PREFERRED
List Price
$58,000
Sold Price
$40,000
Premium/Discount to List
-$18,000
-31.03%
Current Estimated Value
$95,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,371
Avg. Annual Appreciation
15.61%
Original Mortgage
$38,000
Outstanding Balance
$25,627
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$69,744
Source: Public Records

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
Akbar Muhammed J $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akbar Muhammed J $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2019 11/01/19 Sold $40,000 -10.1% $18 / Sq Ft
09/05/2019 09/05/19 Pending -- -- --
07/08/2019 07/08/19 Price Changed $44,500 -5.3% $20 / Sq Ft
05/31/2019 05/31/19 Price Changed $47,000 -5.1% $22 / Sq Ft
05/06/2019 05/06/19 Price Changed $49,500 -14.7% $23 / Sq Ft
03/21/2019 03/21/19 For Sale $58,000 -- $27 / Sq Ft
Source: Mason City Multiple Listing Service

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 $1,246 $77,880 $12,380 $65,500
2023 $1,254 $77,880 $12,380 $65,500
2022 $1,270 $63,380 $9,520 $53,860
2021 $1,516 $61,750 $9,520 $52,230
2020 $1,516 $69,910 $9,520 $60,390
2019 $1,172 $0 $0 $0
2018 $1,208 $0 $0 $0
2017 $1,242 $0 $0 $0
2016 $1,208 $0 $0 $0
2015 $1,208 $0 $0 $0
2014 $1,168 $0 $0 $0
2013 $1,120 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mason City Multiple Listing Service

MLS Number: 190160

Mason City Multiple Listing Service

APN: 07-04-432-01-300