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1114 Franklin Street

1114 Franklin Street, Center Point, IA 52213
Property in Linn
Sold Oct 19, 2023
$195,000
$191,468 by Greenstate Credit Union
Mortgage Due Nov 01, 2053
Sold Sep 22, 2015
$131,000
$128,627 by Premier Home Mortgage Inc
Mortgage Due Oct 01, 2045
Local assessors in Center Point, IA have categorized 1114 Franklin Street as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 9,148 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1114 Franklin Street has a total of 1,541 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 994 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 768 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. The home's a forced air unit is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1114 Franklin Street sold most recently in Oct 10, 2023 for a total of $195,000. If you work out the math, that's approximately a cost of $126.54 per sqft. Before that, the property was also sold for $131,000 in Sep 17, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,828 in taxes each year. 1114 Franklin Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $221,400. If we break it down further, the land itself was valued at $16,500. Improvements to the property, however, were assessed at a total of $204,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 994
  • Garage Type: Attached
  • Garage Square Area: 768
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,541
  • Gross Building Area: 1,541
  • Building Area: 1,541
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,541
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRUBBS RAILROAD ADDITION TO CENTER POINT
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GRUBBS PARK LOT 2 BLK 1 & P.O.S. #266 PARCEL A

Ownership

  • Current Owner : HOYLE MICHAEL E
  • Current Owner 2: HOYLE JACEY M
  • Previous Owner : EU BANK SAMANTHA JO & CAMERON MITCHELL
  • Owner Before Previous Owner: TESAR KANDI L
  • Owner Before Previous Owner 2: TESAR JOSEPH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Center Point-Urbana Community School District
  • School Tax School District: CENTRAL CITY
  • Census Tract: 010200

Geography

  • Parcel: 05-09-1-31-002-0-0000
  • Block: 1
  • Lot: 2
  • Meridian: SEC 09 TWN 85N RNG 8W
  • Municipality: CENTER POINT
  • Latitude: 42.1948
  • Longitude: -91.7834

    Address

  • Full Address: 1114 Franklin St
  • Address - House Number: 1114
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: IA
  • City Name: Center Point
  • Carrier Code: R001
  • 4-Digit Zip Code: 9647
  • Zip Code: 52213

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,828
  • Tax Rate Code Area: CENTER POI

    Appraisal Valuation

  • Standard Deviation: 0.1109
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 88
  • Final Value: 190,675
  • High Value: 211,827
  • Low Value: 169,523

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $191,468
  • First Open Lien Mortgage Lender: GREENSTATE CREDIT UNION
  • First Open Lien Mortgage Recording Date: Oct 19, 2023
  • First Open Lien Mortgage Loan Amount: $191,468
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Market Valuation

  • Market Total Value: $221,400
  • Market Land Value: $16,500
  • Market Improvement Value: $204,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $221,400
  • Assessed Land Value: $16,500
  • Assessed Improvements Value: $204,900

    Sales

  • Current Sale Contract Date: Oct 10, 2023
  • Current Sale Recording Date: Oct 19, 2023
  • Current Sale Transaction ID: 11914953702
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 22, 2015
  • Previous Sale Contract Date: Sep 17, 2015
  • Previous Sale Amount: $131,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREENSTATE CREDIT UNION
  • First Mortgage Transaction Date: Oct 19, 2023
  • First Mortgage Loan Amount: $191,468
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: PREMIER HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: Sep 22, 2015
  • Previous Mortgage Loan Amount: $128,627
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2045

About Center Point



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Frequently Asked Questions

What neighborhood is 1114 Franklin Street located in?
The 1114 Franklin Street is a located in the neighborhood of Linn in Center Point, Center Point.
What is the average sales price for listings in 1114 Franklin Street?
The average sales price for units in 1114 Franklin Street is $0 currently.

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