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    Property profile & analytics

    103 1st St Sumner, IA 50674-1140

    • Office buildings
    • 960 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 07, 2023
    Location Intelligence
    Property ID
    US25-1260410
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wegner Insurance Agency / Auto Insurance Agency / Insurance Agency

    Property Details for 103 1st St

    Year built
    1883
    Construction
    FRAME
    Lot size
    0.03 lot acres
    Property size
    960 SF
    Property type
    Office buildings
    APN
    04-25-103-009
    APU
    425103009

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sumner
    County
    Bremer
    State
    Iowa
    Longitude
    -92.098
    Latitude
    42.8472
    CBSA code
    47940
    CBSA name
    WATERLOO-CEDAR FALLS, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $450
    $3,570
    $24,600
    $28,170
    -
    $3,570
    $24,600
    $28,170

    Comparable in this City

    • Value Estimation by Request
      2,800 SF

      201 Carpenter St

      PROFESSIONAL BUILDING • 2,800 SF
      201 Carpenter St, Sumner, IA 50674-1435
      View Details
    • Value Estimation by Request
      4,454 SF

      110 1st St

      PROFESSIONAL BUILDING • 4,454 SF
      110 1st St, Sumner, IA 50674-1430
      View Details
    • Value Estimation by Request
      4,366 SF

      910 1st St

      OFFICE BUILDING • 4,366 SF
      910 1st St, Sumner, IA 50674-1616
      View Details
    • Value Estimation by Request
      2,400 SF

      24932 150th St

      OFFICE BUILDING • 2,400 SF
      24932 150th St, Sumner, IA 50674-7512
      View Details
    • Value Estimation by Request
      1,104 SF

      1429 Whitetail Ave

      OFFICE BUILDING • 1,104 SF
      1429 Whitetail Ave, Sumner, IA 50674-9012
      View Details
    • Value Estimation by Request
      1,927 SF

      101 1st St

      OFFICE BUILDING • 1,927 SF
      101 1st St, Sumner, IA 50674-1140
      View Details

    Similar Nearby for Sale

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      Sumner Warehouse: Prime Commercial Space

      Spacious warehouse, updated roof, 4 docks.
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      Sumner Land: Build Your Dream

      Premier Sumner location to build your dream home.
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      Sumner Land: Build Your Dream

      Residential land in Sumner, IA, ideal for building a home.
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    • $57,900
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      Residential Land in Sumner, Iowa

      Land for sale in a premier Sumner location.
      325 Yard Dr, Sumner, IA 50674
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    • $57,900
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      Sumner Land: Build Your Dream

      Residential land in Sumner, Iowa, ideal for building a home.
      330 Yard Dr, Sumner, IA 50674
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    • $54,000
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      Spacious Warehouse in Sumner, Iowa

      Upgraded warehouse with docking doors and office space available.
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    Sumner, IA 50674-1140
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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