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711 Walnut Street

711 Walnut Street, Montrose, IA 52639
Property in Lee
Sold Aug 10, 2022
$140,500
Sold Sep 12, 2006
$70,000
$71,400 by Lee County Bank & Trust Na
Mortgage
Local assessors in Montrose, IA have categorized 711 Walnut Street as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 70,597 square feet. 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, 4 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 711 Walnut Street has a total of 1,866 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 full basement that is 832 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 none 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 744 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 alum/vinyl siding 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. 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, 711 Walnut Street sold most recently in Jul 27, 2022 for a total of $140,500. If you work out the math, that's approximately a cost of $75.29 per sqft. Before that, the property was also sold for $70,000 in Aug 4, 2006. 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 $1,390 in taxes each year. 711 Walnut Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $97,310. If we break it down further, the land itself was valued at $14,470. Improvements to the property, however, were assessed at a total of $82,840. 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: 1910
  • Effective Year Built: 1910
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 832
  • Garage Type: Detached
  • Garage Square Area: 744
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 70,597
  • Total Building Area: 1,866
  • Gross Building Area: 1,866
  • Building Area: 1,866
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,866
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: MONTROSE
  • Land Acres: 1.621
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MONTROSE (ORIG TOWN) O.L. 18

Ownership

  • Current Owner : HORN JOSEPH E
  • Previous Owner : PENROD RONNIE G
  • Previous Owner 2: PENROD GREGORY DONNA
  • Owner Before Previous Owner: WELLS FARGO BANK NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Central Lee Community School District
  • School Tax School District: CENTRAL SCHOOL
  • Census Tract: 490600

Geography

  • Parcel: 01-39-18-10-327-0020
  • Municipality: MONTROSE INC
  • Latitude: 40.5303
  • Longitude: -91.4233

    Address

  • Full Address: 711 Walnut St
  • Address - House Number: 711
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: IA
  • City Name: Montrose
  • Carrier Code: R777
  • 4-Digit Zip Code: 2509
  • Zip Code: 52639

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,390

    Appraisal Valuation

  • Standard Deviation: 0.2556
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 63
  • Final Value: 122,152
  • High Value: 153,375
  • Low Value: 90,929

    Market Valuation

  • Market Total Value: $97,310
  • Market Land Value: $14,470
  • Market Improvement Value: $82,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,310
  • Assessed Land Value: $14,470
  • Assessed Improvements Value: $82,840

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 27, 2022
  • Current Sale Recording Date: Aug 10, 2022
  • Current Sale Transaction ID: 11895691464
  • Current Sale Price: $140,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3542
  • Previous Sale Recording Date: Sep 12, 2006
  • Previous Sale Contract Date: Aug 04, 2006
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: LEE COUNTY BANK & TRUST NA
  • Previous Mortgage Transaction Date: Sep 12, 2006
  • Previous Mortgage Loan Amount: $71,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Montrose



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Frequently Asked Questions

What neighborhood is 711 Walnut Street located in?
The 711 Walnut Street is a located in the neighborhood of Lee in Montrose, Montrose.
What is the average sales price for listings in 711 Walnut Street?
The average sales price for units in 711 Walnut Street is $0 currently.

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