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505 West Hoffman Street

505 West Hoffman Street, Graettinger, IA 51342
Property in Palo Alto
Sold Jan 08, 2009
$9,500
$20,000 by Bank Plus
Mortgage
505 West Hoffman Street has been categorized by the local assessors in Graettinger, IA as a residential type of property. The building on the property was first built in 1951 and is 73 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 505 West Hoffman Street has 880 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 full basement that is 784 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 1,220 ft and across the front of the lot is 690 ft. The area measurement of the land has been determined as 8,418 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 attached garage for those who require parking. The garage measured 336 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 hip style roof made of asphalt. The exterior walls of the building are made of shingles that aren't wood. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with 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. The property was last sold in Dec 24, 2008 for $9,500. That's $10.80 per sqft. 505 West Hoffman Street was last assessed in 2023. The total value of the property was assessed at $47,510. Specifically, the land the property is located on was valued at $5,410. While improvements on the property were assessed at a total of $42,100. 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 $586. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1951
  • Effective Year Built: 1951
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Construction Type: Frame
  • Exterior Walls Type: Single (not wood)
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 784
  • Garage Type: Attached
  • Garage Square Area: 336
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,418
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 690
  • Total Building Area: 880
  • Gross Building Area: 880
  • Building Area: 880
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 880
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: SPIES SECOND SUB DIVISION
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SPIES 2ND S.D. O.L. 3,4,5 S 122' W 69' TR BLOCK 4

Ownership

  • Current Owner : MORAN JOHN M
  • Current Owner 2: MORAN PATRICIA A
  • Previous Owner : CITY OF GRAETTINGER
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Graettinger-Terril Community School District
  • School Tax School District: GRAETT-TERRIL
  • Census Tract: 960200

Geography

  • Assessors Map Reference: PM 620007003044
  • Parcel: 620007003044
  • Block: 4
  • Municipality: GRAETTINGER CITY
  • Latitude: 43.2408
  • Longitude: -94.7565

    Address

  • Full Address: 505 W Hoffman St
  • Address - House Number: 505
  • Street Direction: W
  • Address - Street Name: Hoffman
  • Address - Suffix Type: St
  • State: IA
  • City Name: Graettinger
  • Carrier Code: R001
  • 4-Digit Zip Code: 1013
  • Zip Code: 51342

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $586
  • Tax Rate Code Area: 620

    Appraisal Valuation

  • Standard Deviation: 0.215
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 85,875
  • High Value: 104,341
  • Low Value: 67,409

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $40,000
  • First Open Lien Mortgage Lender: BANK PLUS
  • First Open Lien Mortgage Recording Date: Jan 08, 2009
  • First Open Lien Mortgage Loan Amount: $20,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Open Lien Mortgage Lender: BANK PLUS
  • Second Open Lien Mortgage Recording Date: Mar 08, 2011
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $20,000
  • Second Open Lien Mortgage Term: 165
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 05, 2025

    Market Valuation

  • Market Total Value: $47,510
  • Market Land Value: $5,410
  • Market Improvement Value: $42,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,510
  • Assessed Land Value: $5,410
  • Assessed Improvements Value: $42,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 24, 2008
  • Current Sale Recording Date: Jan 08, 2009
  • Current Sale Transaction ID: 1180382499
  • Current Sale Price: $9,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2009 0032

    Last Sale Mortgage

  • First Mortgage Lender: BANK PLUS
  • First Mortgage Transaction Date: Jan 08, 2009
  • First Mortgage Loan Amount: $20,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Graettinger



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Frequently Asked Questions

What neighborhood is 505 West Hoffman Street located in?
The 505 West Hoffman Street is a located in the neighborhood of Palo Alto in Graettinger, Graettinger.
What is the average sales price for listings in 505 West Hoffman Street?
The average sales price for units in 505 West Hoffman Street is $0 currently.

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