NOT LISTED FOR SALE

1103 2nd St NE Independence, IA 50644

Estimated Value: $175,000 - $231,000

2 Beds
2 Baths
1,896 Sq Ft
$103/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $188,000 $99 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,208/month

4 Days on Market

Highlights

  • Family Room with Fireplace
  • Patio
  • Attic Fan
  • 1 Car Attached Garage
  • Garden
  • Forced Air Heating and Cooling System

About This Home

As of September 2023

Darling 2 bedroom ranch home with attached garage & fenced in back yard. New kitchen & dining area flooring. Screened in sun porch. Wonderful back yard for fire pit, garden, bird watching & games. Full basement with 3/4 bath, family room & music room. Large living room with bay window. Not far from Buchanan County Health Center & Independence Library. 2 Sheds in back yard stay. MOVE IN READY!

Last Agent to Sell the Property

Becky Karsten

Ohl Iowa Realty, Inc License #B35336000 Listed on: 07/31/2023

Ohl Iowa Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,220

Year Built

  • Built in 1961

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 72 x 100
  • Fenced
  • Level Lot
  • Garden
  • Property is zoned R-2

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,896 Sq Ft Home
  • Ceiling Fan
  • Electric Fireplace
  • Family Room with Fireplace
  • Attic Fan
  • Fire and Smoke Detector
  • Free-Standing Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Partially Finished Basement

  • Interior Basement Entry
  • Sump Pump

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Independence Elementary And Middle School
  • Independence High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener Leased

Listing and Financial Details

  • Assessor Parcel Number 0010635362004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,220

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Parcel Number: 0010635362004
  • Year Built: 1961
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Dryer Hookup-Ele, Lower Level, Washer Hookup
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.165
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-334-9258
  • MLS Status: Closed
  • Reso Fireplace Features: Electric, Family Room
  • Reso Interior Features: Ceiling Fan/Light
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1896
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dryer, Free-Standing Range, Sump Pump, Refrigerator, Vented Exhaust Fan, Washer, Gas Water Heater, Water Softener Rented
  • Basement: Block, Entrance-Inside, Floor Drain, Partially Finished
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 900
  • BelowGradeArea: 996

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Fenced Yard, Garden, Patio, School Bus Service, Storage Shed

Garage/Parking

  • Parking Features: 1 Stall, Attached Garage, Garage Door Opener

Utilities

  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Independence
  • High School: Independence
  • Middle Or Junior School: Independence

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 72 X 100
  • Lot Size Sq Ft: 7200
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Sep 14, 2023
Sold by
Nelson Linda M
Bought by
Wallace Rachel L and Wallace Shihani
Seller's Agent
Becky Karsten
Ohl Iowa Realty, Inc
List Price
$185,000
Sold Price
$188,000
Premium/Discount to List
$3,000
1.62%
Views
36
Current Estimated Value
$184,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,760
Avg. Annual Appreciation
2.02%
Original Mortgage
$184,594
Outstanding Balance
$181,204
Interest Rate
7.23%
Mortgage Type
FHA
Estimated Equity
$14,240
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wallace Rachel L $188,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Rachel L $184,594
Previous Owner Nelson Linda M $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2023 09/25/23 Sold $188,000 +1.6% $99 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
07/31/2023 07/31/23 For Sale $185,000 -- $98 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,540 $136,980 $22,600 $114,380
2023 $2,100 $125,480 $22,600 $102,880
2022 $2,032 $105,500 $17,940 $87,560
2021 $1,996 $105,500 $17,940 $87,560
2020 $1,996 $96,440 $16,240 $80,200
2019 $1,964 $96,440 $16,240 $80,200
2018 $1,878 $93,810 $16,240 $77,570
2017 $1,864 $93,810 $16,240 $77,570
2016 $1,832 $91,810 $12,080 $79,730
2015 $1,832 $91,810 $12,080 $79,730
2014 $1,868 $91,810 $12,080 $79,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20233176

Northeast Iowa Regional Board of REALTORS®

APN: 06.35.362.004