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2402 Avenue I

2402 Avenue I, Fort Madison, IA 52627
Property in Lee
Sold Dec 06, 2021
$46,500
$56,000 by Connection Bank
Mortgage Due Nov 23, 2051
Local assessors in Fort Madison, IA have categorized 2402 Avenue I as a residential type of property. The home was built in 1890 and is 134 years old. The property's lot size has been calculated to be 7,250 square feet. The linear feet between the front and back of the lot was measured at 1,450 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 2402 Avenue I has a total of 1,182 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 partial basement that is 886 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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 asbestos shingle 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. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. The property was last sold in Nov 23, 2021 for $46,500. That's $39.34 per sqft. 2402 Avenue I was last assessed in 2023. The total value of the property was assessed at $67,900. Specifically, the land the property is located on was valued at $10,100. While improvements on the property were assessed at a total of $57,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,054. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Asbestos shingle
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 886
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,250
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,182
  • Gross Building Area: 1,182
  • Building Area: 1,182
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,182
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.166
  • Standard Land Use Code: Single family residential
  • Legal Description 1: #2818 2402 AVE I SANTA FE PL BLK 2 LOTS 13,14

Ownership

  • Current Owner : MAUCK JAMES C
  • Current Owner 2: MAUCK MARGARET M
  • Previous Owner : LEE UHLIK JERI
  • Previous Owner 2: LEE CHRIS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fort Madison Community School District
  • School Tax School District: FORT MADISON
  • Census Tract: 490100

Geography

  • Parcel: 02-47-15-05-407-0130
  • Block: 2
  • Lot: 13,14
  • Municipality: FT. MADISON INC
  • Latitude: 40.6291
  • Longitude: -91.3401

    Address

  • Full Address: 2402 Avenue I
  • Address - House Number: 2402
  • Address - Street Name: Avenue I
  • State: IA
  • City Name: Fort Madison
  • Carrier Code: C007
  • 4-Digit Zip Code: 3913
  • Zip Code: 52627

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,054

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 136,907
  • High Value: 192,355
  • Low Value: 81,458

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $56,000
  • First Open Lien Mortgage Lender: CONNECTION BANK
  • First Open Lien Mortgage Recording Date: Dec 06, 2021
  • First Open Lien Mortgage Loan Amount: $56,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 23, 2051

    Market Valuation

  • Market Total Value: $67,900
  • Market Land Value: $10,100
  • Market Improvement Value: $57,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,900
  • Assessed Land Value: $10,100
  • Assessed Improvements Value: $57,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 23, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Transaction ID: 11877915352
  • Current Sale Price: $46,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5581

    Last Sale Mortgage

  • First Mortgage Lender: CONNECTION BANK
  • First Mortgage Transaction Date: Dec 06, 2021
  • First Mortgage Loan Amount: $56,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 23, 2051

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2402 Avenue I located in?
The 2402 Avenue I is a located in the neighborhood of Lee in Fort Madison, Fort Madison.
What is the average sales price for listings in 2402 Avenue I?
The average sales price for units in 2402 Avenue I is $0 currently.

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