NOT LISTED FOR SALE

1502 E 7th St S Newton, IA 50208

Estimated Value: $61,107 - $191,000

0.84 Acre
$112,479 Price per Acre
36,608 Sq Ft Lot

Last Sold January 26, 2023

Last sale price $40,000

Est. 136% increase in value since last sale

Current estimated payment $575/month

466 Days on Market

About This Lot

As of January 2023

Buildable lot comes with 2 car garage already on site. Receive $10,000 when building a new qualifying home in Newton. Call today and ask for details.

Last Listed By

Robert Cupples

RE/MAX Concepts Listed on: 09/20/2021

RE/MAX Concepts

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $225

Year Built

  • 1994

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 176x208

Outdoor Features

  • Electricity Available at Street

Listing and Financial Details

  • Assessor Parcel Number 1303203009

Property Details

Property Type

Land

Est. Annual Taxes

$225

Year Built

1994

Lot Details

0

Listing Details

  • Property Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1994

Exterior Features

  • Street Feature: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Electricity: Street

Lot Info

  • Acres: 0.8404
  • Lot S F: 36608
  • Lot Size: 176X208
  • Assessor Parcel Number: 1303203009
  • Zoning: R

Tax Info

  • Gross Taxes: 225.00
  • Net Taxes: 225.00
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Jan 26, 2023
Sold by
Gatch Timothy M
Bought by
Johnson Eric Earl and Johnson Amie M
Seller's Agent
Robert Cupples
RE/MAX Concepts
Buyer's Agent
Robert Cupples
RE/MAX Concepts
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%
Total Days on Market
466
Views
108
Current Estimated Value
$94,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,527
Avg. Annual Appreciation
44.86%

Range of Values:

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Average Value
Not Available
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
Johnson Eric Earl $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Umbarger Russell L $30,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2023 01/26/23 Sold $40,000 -11.1% --
12/30/2022 12/30/22 Pending -- -- --
09/27/2022 09/27/22 Price Changed $45,000 -10.0% --
09/06/2022 09/06/22 For Sale $50,000 +25.0% --
09/01/2022 09/01/22 Off Market $40,000 -- --
09/20/2021 09/20/21 For Sale $50,000 -- --
Source: Des Moines Area Association 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 $576 $30,600 $30,100 $500
2023 $576 $30,600 $30,100 $500
2022 $570 $30,600 $30,100 $500
2021 $450 $25,580 $25,080 $500
2020 $450 $19,220 $18,720 $500
2019 $422 $17,510 $0 $0
2018 $422 $17,510 $0 $0
2017 $424 $17,510 $0 $0
2016 $424 $19,140 $0 $0
2015 $452 $74,320 $0 $0
2014 $1,686 $74,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 638013

Des Moines Area Association of REALTORS®

APN: 13-03-203-009