NOT LISTED FOR SALE

1416 2nd Ave E Spencer, IA 51301

Estimated Value: $145,000 - $165,000

3 Beds
1 Bath
1,595 Sq Ft
$97/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $146,000 $92 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $972/month

12 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Bungalow
  • Spencer Middle School Rated 9+
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of January 2022

That "Just Right" place is calling you to come HOME. This 3 bedroom Bungalow comes completely updated and ready to move in. Situated on a deep lot in a great neighborhood close to the hospital and Fairview school, you will find nearly everything new or updated from the kitchen to the bedrooms and everything in between. Beyond the eye catching paint, fixtures, flooring and a kitchen so new the appliances haven't been delivered yet, you can relax knowing this home has new windows, a newer roof and furnace as well, so on those cold winter days you will stay warm thinking about how much you will enjoy your deck this summer overlooking the large backyard. The possibilities are endless. Make the move to see this one today!

Last Agent to Sell the Property

Bryan Sebastian

Hinn Real Estate License #S65753 Listed on: 11/19/2021

Last Buyer's Agent

Bryan Sebastian

Hinn Real Estate License #S65753 Listed on: 11/19/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,516

Year Built

  • Built in 1940

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Bungalow
  • Asphalt Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 1,595 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • G & A 2Nd Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 963607142008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,516

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: No
  • Type: Single Family Residence
  • Year Built: 1940
  • Levels: One
  • Stories: 1
  • Architectural Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Style: Full
  • Price Per S Q F T: 91.54
  • Total Sq Ft: 1595
  • Above Grade Finished: 860
  • Finished Sq Ft: 1595

Exterior Features

  • Construction: Concrete Block
  • Construction Materials: Vinyl Siding
  • Exterior Features: Deck, Driveway-Concrete
  • Flood Zone: No
  • Roof: Asphalt

Garage/Parking

  • Garage Type: Detached
  • Garage Size: 16 x 24
  • Garage Spaces: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public/City

Condo/Co-op/Association

  • Complex Development Subdivision Name: G & A 2ND ADDITION

Lot Info

  • Parcel Number: 963607142008
  • Estimated Acres: 0.17
  • Estimated Lot Dimensions: 50 x 150
  • Lot Sq Ft: 7500

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 1516
  • Tax Classification: Non-Homestead
  • Tax Year: 2021

MLS Schools

  • School District: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Jan 11, 2022
Sold by
Hamrick Timothy K and Hamrick Leanne K
Bought by
Schomaker Jacob C
Seller's Agent
Bryan Sebastian
Hinn Real Estate
Buyer's Agent
Bryan Sebastian
Hinn Real Estate
List Price
$145,900
Sold Price
$146,000
Premium/Discount to List
$100
0.07%
Current Estimated Value
$154,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,847
Avg. Annual Appreciation
1.49%
Original Mortgage
$131,400
Outstanding Balance
$121,006
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$33,841

Purchase Details

Closed on
May 17, 2021
Sold by
Rose Kyle D and Rose Kali M
Bought by
Hamrick Timothy K and Hamrick Leanne K

Purchase Details

Closed on
Nov 17, 2017
Sold by
Miller Kalli A and Miller Michael A
Bought by
Rose Kyle D and Rose Kirk J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schomaker Jacob C $146,000 None Listed On Document
Hamrick Timothy K $72,500 None Available
Rose Kyle D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schomaker Jacob C $131,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $146,000 +0.1% $92 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $145,900 -- $91 / Sq Ft
Source: Iowa Great Lakes 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
2025 $1,960 $147,500 $20,400 $127,100
2024 $1,960 $132,630 $14,280 $118,350
2023 $1,338 $132,630 $14,280 $118,350
2022 $1,458 $75,980 $14,280 $61,700
2021 $1,516 $81,620 $14,280 $67,340
2020 $1,516 $80,500 $12,750 $67,750
2019 $1,332 $72,580 $0 $0
2018 $1,312 $72,580 $0 $0
2017 $1,272 $67,280 $0 $0
2016 $1,262 $67,280 $0 $0
2015 $918 $60,960 $0 $0
2014 $918 $60,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 211275

Iowa Great Lakes Board of REALTORS®

APN: 9636-07-142-008