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518 Main Street

518 Main Street, Luana, IA 52156
Property in Clayton
Sold Nov 19, 2021
$74,500
$71,941 by Central State Bank
Mortgage Due Dec 01, 2051
518 Main Street in Luana, IA was first built in 1918 and is 106 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 518 Main Street has 1,958 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 basement is 900 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 1,350 ft and the linear feet between the front and back of the lot is 1,600. In total, the area measurement of the land is 21,600 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of metal. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. The garage is 280 sqft. There is one available parking space. 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 quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as fair. The exterior walls of the home are made of unknown. While the interior walls are made of plaster. 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 no air conditioning. As for heating, the home is utilizing a hot water heating system and being fueled with gas. The property was last sold in Nov 19, 2021 for $74,500. That's $38.05 per sqft. 518 Main Street was last assessed in 2023. The total value of the property was assessed at $74,713. Specifically, the land the property is located on was valued at $20,307. While improvements on the property were assessed at a total of $54,406. 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 $1,078. 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. 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.

Building Features

Exterior

Vinyl Siding

Parking

Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 900
  • Garage Type: Detached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 21,600
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,350
  • Total Building Area: 1,958
  • Gross Building Area: 1,958
  • Building Area: 1,958
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,958
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.496
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT W PT LOTS 3 SW NE 8-95-5

Ownership

  • Current Owner : GAYLORD PENNY W
  • Previous Owner : WALTERS MARVIN L
  • Previous Owner 2: KELLY WALTERS SARAH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: MFL MarMac Community School District
  • School Tax School District: MFL MARMAC
  • Census Tract: 070200

Geography

  • Assessors Map Reference: PM 3208253002
  • Parcel: 3208253002
  • Lot: 3
  • Meridian: SEC 8 TWN 95N RNG 5W
  • Municipality: CITY OF LUANA
  • Latitude: 43.0604
  • Longitude: -91.4585

    Address

  • Full Address: 518 Main St
  • Address - House Number: 518
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: IA
  • City Name: Luana
  • Carrier Code: R301
  • 4-Digit Zip Code: 8001
  • Zip Code: 52156

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,078
  • Tax Rate Code Area: LU MF

    Appraisal Valuation

  • Standard Deviation: 0.4508
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 9
  • Final Value: 124,867
  • High Value: 181,165
  • Low Value: 68,568

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $71,941
  • First Open Lien Mortgage Lender: CENTRAL STATE BANK
  • First Open Lien Mortgage Recording Date: Nov 19, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $71,941
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $74,713
  • Market Land Value: $20,307
  • Market Improvement Value: $54,406

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,713
  • Assessed Land Value: $20,307
  • Assessed Improvements Value: $54,406

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Transaction ID: 11872393827
  • Current Sale Price: $74,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R04853

    Last Sale Mortgage

  • First Mortgage Lender: CENTRAL STATE BANK
  • First Mortgage Transaction Date: Nov 19, 2021
  • First Mortgage Loan Amount: $71,941
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Luana



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Frequently Asked Questions

What neighborhood is 518 Main Street located in?
The 518 Main Street is a located in the neighborhood of Clayton in Luana, Luana.
What is the average sales price for listings in 518 Main Street?
The average sales price for units in 518 Main Street is $0 currently.

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