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501 East 5th Street

501 East 5th Street, Hedrick, IA 52563
Property in Keokuk
Sold Oct 22, 2009
$10,000
$100,000 by Hedrick Savings Bank
Mortgage
501 East 5th Street in Hedrick, IA was first built in 1890 and is 134 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a a-frame style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 501 East 5th Street has 1,200 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,320 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 17,160 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of metal. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. For those who need parking, there is a detached garage. The garage is 936 sqft. There are a total of 4 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of unknown. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating 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, 501 East 5th Street sold most recently in Oct 15, 2009 for a total of $10,000. If you work out the math, that's approximately a cost of $8.33 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 $954 in taxes each year. 501 East 5th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $67,180. If we break it down further, the land itself was valued at $10,560. Improvements to the property, however, were assessed at a total of $56,620. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1890
  • Effective Year Built: 1890
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: A-frame
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 240
  • Garage Type: Detached
  • Garage Square Area: 936
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 17,160
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 0.394
  • Standard Land Use Code: Single family residential
  • Legal Description 1: O P LOTS 7 & 8 BLK 41

Ownership

  • Current Owner : GERST JAMES ALLEN
  • Current Owner 2: GERST JAMIE DEE
  • Previous Owner : LONGAKER ROBERT BRUCE
  • Previous Owner 2: LONGAKER LINDA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pekin Community School District
  • School Tax School District: PEKIN COMMUNITY
  • Census Tract: 080400

Geography

  • Assessors Map Reference: PM HDCHP-026800
  • Parcel: HDCHP-026800
  • Block: 41
  • Lot: 7,8
  • Municipality: HEDRICK CITY
  • Latitude: 41.1753
  • Longitude: -92.3035

    Address

  • Full Address: 501 E 5th St
  • Address - House Number: 501
  • Street Direction: E
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: IA
  • City Name: Hedrick
  • Carrier Code: R002
  • 4-Digit Zip Code: 9454
  • Zip Code: 52563

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $954
  • Tax Rate Code Area: HDCHP

    Appraisal Valuation

  • Standard Deviation: 0.49
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 1
  • Final Value: 136,313
  • High Value: 203,107
  • Low Value: 69,518

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: HEDRICK SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Oct 22, 2009
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $67,180
  • Market Land Value: $10,560
  • Market Improvement Value: $56,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,180
  • Assessed Land Value: $10,560
  • Assessed Improvements Value: $56,620

    Sales

  • Current Sale Contract Date: Oct 15, 2009
  • Current Sale Recording Date: Oct 22, 2009
  • Current Sale Transaction ID: 1180276310
  • Current Sale Price: $10,000
  • Current Sale Document Type: Joint Tenancy Deed
  • Current Sale Input Document Number: 2009-1808

    Last Sale Mortgage

  • First Mortgage Lender: HEDRICK SAVINGS BANK
  • First Mortgage Transaction Date: Oct 22, 2009
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Hedrick



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Frequently Asked Questions

What neighborhood is 501 East 5th Street located in?
The 501 East 5th Street is a located in the neighborhood of Keokuk in Hedrick, Hedrick.
What is the average sales price for listings in 501 East 5th Street?
The average sales price for units in 501 East 5th Street is $0 currently.

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