NOT LISTED FOR SALE

1506 1st Ave Wellman, IA 52356

Estimated Value: $245,000 - $338,000

4 Beds
3 Baths
2,108 Sq Ft
$145/Sq Ft Est. Value

Last Sold September 01, 2015

Last sale price $90,000 $43 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $2,069/month

71 Days on Market

Highlights

  • Newly Remodeled
  • Porch
  • Laundry Room
  • Vaulted Ceiling
  • Living Room
  • 1-Story Property

About This Home

As of September 2015

Contractor Alert!! Seller reduced list price 29k! Looking for inside work this winter? Take a look at the possibilities with this home! This open floor plan includes three bedrooms and 2 bathrooms fitting easily on the main floor's almost 2100 square feet. Finishing the basement would add a fourth bedroom, full bath, a huge rec room and add up to 2100 additional square feet! This home is priced that, when furnished, your reward should be a nice profit.

Last Listed By

Patty Elliott

Elliott Realty Group Listed on: 04/24/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,490

Year Built

  • Built in 2010 | Newly Remodeled

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 132x140.5
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Poured Concrete

Interior Spaces

  • 2,108 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Living Room
  • Dining Room
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Bathroom Rough-In

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Stubbed For A Bathroom

Outdoor Features

  • Porch

Schools

  • Mid Prairie Elementary And Middle School
  • Mid Prairie High School

Utilities

  • No Cooling
  • No Heating
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 02-18-152-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,490

Year Built

Built in 2010 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2108
  • Owner Name L F Mi: Hopp, Robert & Suzan
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Year Built: 2010
  • Tax Year Report: 2013
  • Directions: 380 South to 218 South to Hwy 1 Exit towards Kalona to Hwy 22 Wellman
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • S O1 Dues Paid: y
  • S O2 Dues Paid: y
  • Amenities: Street Lights
  • Basement Remarks: Bath Stubbed, Poured Concrete, Sump Pump, Full
  • Fireplace Type Location: None
  • Interior R: Vaulted Ceiling
  • Kitchen Breakfast R: None
  • Lot Description R: Less than .5 Acre, Level
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: Contractor Alert!! Seller reduced list price 29k! Looking for inside work this winter? Take a look at the possibilities with this home! This open floor plan includes three bedrooms and 2 bathrooms fitting easily on the main floor's almost 2100 square feet. Finishing the basement would add a fourth bedroom, full bath, a huge rec room and add up to 2100 additional square feet! This home is priced that, when furnished, your reward should be a nice profit.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: None
  • Number Bedrooms Lower: 1
  • Number Bedrooms Main: 3
  • Sq Ft Above: 2108
  • Total Full Baths: 3
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room, 1st Floor
  • Mstr Br Level: Main
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • New Construction: Yes
  • ExteriorFeatures: Porch

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: None

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Mid Prairie
  • Middle School: Mid Prairie
  • High School: Mid Prairie
  • High School: Mid Prairie
  • Jr Middle School: Mid Prairie
  • Elementary School: Mid Prairie

Lot Info

  • Acreage: 0.42
  • Geo Subdivision: IA
  • Lot Dimensions: 132x140.5
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 1249.11
  • Assessor Parcel Number: 02-18-152-013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2015
Closed on
Sep 1, 2015
Sold by
Hopp Robert Allen and Hopp Suzan
Bought by
Trimpe Jason C and Trimpe Heather L
Seller's Agent
Patty Elliott
Elliott Realty Group
Buyer's Agent
Tim Elliott
Elliott Realty Group
List Price
$109,900
Sold Price
$90,000
Premium/Discount to List
-$19,900
-18.11%
Total Days on Market
71
Current Estimated Value
$305,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,728
Avg. Annual Appreciation
13.57%

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
Trimpe Jason C $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hopp Robert Allen $113,112
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2015 09/01/15 Sold $90,000 -18.1% $43 / Sq Ft
07/04/2015 07/04/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $109,900 -- $52 / Sq Ft
Source: Iowa City 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 $4,490 $277,000 $20,200 $256,800
2023 $4,416 $277,000 $20,200 $256,800
2022 $4,340 $234,700 $20,200 $214,500
2021 $4,340 $234,700 $20,200 $214,500
2020 $4,208 $220,100 $20,200 $199,900
2019 $3,768 $220,100 $20,200 $199,900
2018 $3,394 $170,300 $0 $0
2017 $1,720 $85,500 $0 $0
2016 $1,312 $66,900 $0 $0
2015 $1,312 $66,900 $0 $0
2014 $1,320 $66,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20152608

Iowa City Area Association of REALTORS®

APN: 02-18-152-013