NOT LISTED FOR SALE

1501 1st Ave E Spencer, IA 51301

Estimated Value: $149,000 - $186,775

2 Beds
1 Bath
1,350 Sq Ft
$127/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $110,001 $81 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,148/month

27 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Formal Dining Room
  • Spencer Middle School Rated 9+
  • Corner Lot
  • 3 Car Detached Garage

About This Home

As of June 2021

Great Opportunity to own affordably in this market! Nice 2 bed/1 bath Ranch home on a corner lot with a 3 car garage for under 100k! This home has great upgrades too! The home has beautiful woodwork and coffered ceilings in the living & dining rooms along with 2 Fireplaces! The kitchen is a large eat-in with tiled floors and the bathroom is also tiled. The 4 season porch/sunroom has a vaulted wood ceiling & built in fireplace. There's more room in the basement with a large family room with a wall of built in cabinets, a 3/4 bath with a shower & laundry, a utility room & a half bath attached to a possible 3rd bedroom if an egress is added. For outside enjoyment there is a front deck that gives great curb appeal & a rear deck to enjoy the weather. The garage has 2 stalls on the east street access and one stall off the alley on the south. Property was built prior to 1978 and lead based paint potentially exists.

Last Agent to Sell the Property

Dana Reinders

EXIT Realty Midwest- Spencer/Emmetsburg License #S66663 Listed on: 03/30/2021

EXIT Realty Midwest- Spencer/Emmetsburg

Last Buyer's Agent

Kelly Pullen

EXIT Realty Midwest- Spencer/Emmetsburg License #S60031

EXIT Realty Midwest- Spencer/Emmetsburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,356

Year Built

  • Built in 1926

Lot Details

  • 6,812 Sq Ft Lot
  • Lot Dimensions are 52x131
  • Corner Lot
  • Few Trees

Parking

  • 3 Car Detached Garage

Home Design

  • Asphalt Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0709302013

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,356

Year Built

Built in 1926

Lot Details

6,812 Sq Ft Lot

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: No
  • Type: Single Family Residence
  • Year Built: 1926
  • Levels: One
  • Stories: 1
  • Architectural Style: Ranch
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Hardwood Floors, Main Floor Bedrooms, Natural Woodwork, Tiled Floors
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Bathroom Description: 1/2 Basement, 3/4 Basement, Main Floor Full Bath
  • Full Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Dining Room: Eat-in, Formal
  • Price Per S Q F T: 81.48
  • Total Sq Ft: 1350
  • Above Grade Finished: 1350
  • Fireplace: Yes
  • Finished Sq Ft: 1350
  • Additional Sq Ft Total Sq Ft Basement: 1008

Exterior Features

  • Construction: Stick Built
  • Construction Materials: Wood Siding
  • Exterior Features: Deck, Porch
  • Flood Zone: Unknown
  • Road Frontage Type: City Street, Curbs & Gutters, Paved
  • Roof: Asphalt

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 3

Utilities

  • Cooling: Central
  • Fuel: Electric, Natural Gas
  • Heating: Baseboard, Fireplace, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public/City
  • Electric: Breakers

Lot Info

  • Additional Assessor Parcel Numbers: No
  • Parcel Number: 0709302013
  • Estimated Acres: 0.16
  • Lot Features: Corner Lot, Tree Cover-Medium
  • Estimated Lot Dimensions: 52x131
  • Lot Sq Ft: 6812

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 2356
  • Tax Classification: Non-Homestead
  • Tax Year: 2019

MLS Schools

  • School District: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
May 4, 2021
Sold by
Va
Bought by
Tungland Lance B and Bendlin Amy M
Seller's Agent
Dana Reinders
EXIT Realty Midwest- Spencer/Emmetsburg
Buyer's Agent
Kelly Pullen
EXIT Realty Midwest- Spencer/Emmetsburg
List Price
$99,500
Sold Price
$110,001
Premium/Discount to List
$10,501
10.55%
Current Estimated Value
$171,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,943
Avg. Annual Appreciation
9.82%
Original Mortgage
$104,501
Outstanding Balance
$94,406
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$77,538

Purchase Details

Closed on
Oct 9, 2020
Sold by
Money Source Inc
Bought by
Va
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
Tungland Lance B -- None Available
Va -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tungland Lance B $104,501
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2021 06/14/21 Sold $110,001 +10.6% $81 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $99,500 -- $74 / Sq Ft
Source: Iowa Great Lakes Board of REALTORS®

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 $2,748 $192,980 $20,380 $172,600
2024 $2,748 $181,820 $16,310 $165,510
2023 $2,650 $181,820 $16,310 $165,510
2022 $2,404 $154,940 $16,310 $138,630
2021 $2,577 $143,450 $16,310 $127,140
2020 $2,904 $133,080 $14,270 $118,810
2019 $2,626 $137,730 $0 $0
2018 $2,488 $137,730 $0 $0
2017 $2,488 $128,220 $0 $0
2016 $2,066 $118,920 $0 $0
2015 $1,916 $110,830 $0 $0
2014 $1,854 $110,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 210128

Iowa Great Lakes Board of REALTORS®

APN: 9636-07-135-009

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