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305 West Sherman Street

305 West Sherman Street, Monroe, IA 50170
Property in Jasper
Sold Dec 10, 2013
$134,000
$134,000 by Legacy Bank
Mortgage Due Dec 05, 2043
305 West Sherman Street has been categorized by the local assessors in Monroe, IA as a residential type of property. The building on the property was first built in 1996 and is 28 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 305 West Sherman Street has 1,242 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,242 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,260 ft and across the front of the lot is 840 ft. The area measurement of the land has been determined as 10,584 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 864 sqft. According to our sources, there are a total of 3 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from none system. 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, 305 West Sherman Street sold most recently in Dec 5, 2013 for a total of $134,000. If you work out the math, that's approximately a cost of $107.89 per sqft. 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 $3,076 in taxes each year. 305 West Sherman Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $222,850. If we break it down further, the land itself was valued at $16,630. Improvements to the property, however, were assessed at a total of $206,220. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1996
  • Effective Year Built: 1996
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 1,242
  • Garage Type: Detached
  • Garage Square Area: 864
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 10,584
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 840
  • Total Building Area: 1,242
  • Gross Building Area: 1,242
  • Building Area: 1,242
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,242
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: MARMONT ADDITION
  • Land Acres: 0.243
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MARMONT ADD PLAT 1 LOT 5

Ownership

  • Current Owner : EVANS TERRY LEE
  • Previous Owner : PADGET KYLE W
  • Previous Owner 2: PADGET LORI A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: PCM Community School District
  • School Tax School District: PCM SCHOOL
  • Census Tract: 040800

Geography

  • Assessors Map Reference: PM 1736254007
  • Parcel: 1736254007
  • Lot: 5
  • Municipality: MONROE CITY
  • Latitude: 41.5175
  • Longitude: -93.1064

    Address

  • Full Address: 305 W Sherman St
  • Address - House Number: 305
  • Street Direction: W
  • Address - Street Name: Sherman
  • Address - Suffix Type: St
  • State: IA
  • City Name: Monroe
  • Carrier Code: R002
  • 4-Digit Zip Code: 7703
  • Zip Code: 50170

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,076
  • Tax Rate Code Area: MNMN

    Appraisal Valuation

  • Standard Deviation: 0.2226
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 243,930
  • High Value: 298,253
  • Low Value: 189,607

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $134,000
  • First Open Lien Mortgage Lender: LEGACY BANK
  • First Open Lien Mortgage Recording Date: Dec 10, 2013
  • First Open Lien Mortgage Loan Amount: $134,000
  • 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: Dec 05, 2043

    Market Valuation

  • Market Total Value: $222,850
  • Market Land Value: $16,630
  • Market Improvement Value: $206,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $222,850
  • Assessed Land Value: $16,630
  • Assessed Improvements Value: $206,220

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 05, 2013
  • Current Sale Recording Date: Dec 10, 2013
  • Current Sale Transaction ID: 1180245759
  • Current Sale Price: $134,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2013-7768

    Last Sale Mortgage

  • First Mortgage Lender: LEGACY BANK
  • First Mortgage Transaction Date: Dec 10, 2013
  • First Mortgage Loan Amount: $134,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 05, 2043

About Monroe



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Frequently Asked Questions

What neighborhood is 305 West Sherman Street located in?
The 305 West Sherman Street is a located in the neighborhood of Jasper in Monroe, Monroe.
What is the average sales price for listings in 305 West Sherman Street?
The average sales price for units in 305 West Sherman Street is $0 currently.

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