NOT LISTED FOR SALE

701 Mill Ave Elgin, IA 52141

Estimated Value: $102,000 - $116,000

3 Beds
1 Bath
1,107 Sq Ft
$97/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $100,000 $90 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $707/month

40 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Central Vacuum
  • Enclosed patio or porch

About This Home

As of April 2024

This three-bedroom home, nestled on almost half an acre, presents an ideal opportunity for first-time buyers or those seeking to downsize. Situated on the outskirts of town near Otter Creek, it offers both charm and convenience. This three-bedroom dwelling features a detached garage with space for one vehicle, complemented by a shed and an additional outbuilding. Contact your Realtor today and schedule your showing.

Last Listed By

Jeffrey Marcks

EXIT Realty Driftless Group License #B64863000 Listed on: 02/06/2024

EXIT Realty Driftless Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,380

Year Built

  • Built in 1886

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100 x 200
  • Sloped Lot
  • Property is zoned R1-SF

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Slate

Interior Spaces

  • 1,107 Sq Ft Home
  • Central Vacuum
  • Stone Basement
  • Laundry on lower level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Enclosed patio or porch
  • Outbuilding

Schools

  • Elgin Elementary School
  • North Fayette Valley Middle School
  • North Fayette Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Powered By Leased Propane
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0814353010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,380

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Parcel Number: 0814353010
  • Year Built: 1886
  • Property Sub-Type: Single Family Residence
  • ResoLaundryFeatures: Lower Level
  • ResoLotFeatures: Sloped
  • Lot Size Acres: 0.46
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Gravel
  • Co List Office Phone: 319-231-9037
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Interior Features: Central Vacuum
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1107
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Appliances Negotiable, Gas Water Heater
  • Basement: Block, Floor Drain, Stone/Rock
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • BelowGradeArea: 735

Exterior Features

  • Construction Type: Slate
  • Exterior Features: Outbuilding(s), Porch-3 Season, Porch-Enclosed

Garage/Parking

  • Parking Features: 1 Stall, Detached Garage

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Heating: Forced Air, Propane Rented
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Elgin
  • High School: North Fayette Valley
  • Middle Or Junior School: North Fayette Valley

Lot Info

  • Zoning: R1-SF
  • Lot Dimensions: 100 x 200
  • Lot Size Sq Ft: 20000
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1380.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2019
Sold by
Reierson Andrew J and Reierson Christine A
Bought by
Miles Levi
Total Days on Market
40
Current Estimated Value
$107,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Outstanding Balance
$48,372
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$58,978

Purchase Details

Closed on
Apr 6, 2005
Sold by
Thrasher Michael L
Bought by
Blomberg Christopher R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,450
Interest Rate
5.71%
Mortgage Type
New Conventional

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
Miles Levi $68,000 --
Blomberg Christopher R $31,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miles Levi T $54,400
Closed Miles Levi T $55,000
Previous Owner Reierson Andrew J $56,925
Previous Owner Blomberg Christopher R $29,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $100,000 -9.1% $90 / Sq Ft
03/17/2024 03/17/24 Pending -- -- --
03/11/2024 03/11/24 Price Changed $110,000 -5.2% $99 / Sq Ft
02/24/2024 02/24/24 Price Changed $116,000 -2.5% $105 / Sq Ft
02/06/2024 02/06/24 For Sale $119,000 -- $107 / 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 $1,302 $85,390 $13,560 $71,830
2023 $1,380 $85,390 $13,560 $71,830
2022 $1,354 $67,720 $11,300 $56,420
2021 $1,354 $67,720 $11,300 $56,420
2020 $1,048 $48,360 $7,910 $40,450
2019 $794 $45,500 $0 $0
2018 $744 $45,500 $0 $0
2017 $770 $43,800 $0 $0
2016 $756 $43,800 $0 $0
2015 $756 $0 $0 $0
2014 $906 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20240373

Northeast Iowa Regional Board of REALTORS®

APN: 08-14-353-010