NOT LISTED FOR SALE

1518 2nd St SW Independence, IA 50644

Estimated Value: $191,000 - $213,000

3 Beds
2 Baths
2,016 Sq Ft
$100/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $137,000 $68 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,385/month

7 Days on Market

Highlights

  • Deck
  • Laundry Room
  • Landscaped
  • 2 Car Detached Garage
  • French Doors
  • Forced Air Heating and Cooling System

About This Home

As of August 2016

This great ranch sits along a quiet cul-de-sac and is within walking distance to great schools, daycare and playgrounds. As you enter, you instantly feel at home and will appreciate all the thoughtful upgrades. An inviting living room with big picture window for lots of natural light, crisp white kitchen cabinetry, 3 comfortable bedrooms and a full bath fill the main floor, all with fresh paint and newer flooring. The lower level is completely finished and showcases a big family room complete with a large bar perfect for entertaining, plus a non-conforming bedroom, utility room and 3/4 bath featuring a beautiful tiled walk-in shower. The back deck and yard are perfect for enjoying the weather and offer privacy and shade. Updated landscaping in 2016, new roof in 2012 and exterior was painted in 2008. This must see home also offers an oversized 2-stall detached garage.

Last Agent to Sell the Property

Curt Martin

RE/MAX Independence Realty Brokerage Phone: 563-920-8212 License #B56021000 Listed on: 06/16/2016

RE/MAX Independence Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,571

Year Built

  • Built in 1983

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 85' x 150'
  • Landscaped
  • Level Lot
  • Property is zoned R-2

Home Design

  • Concrete Foundation
  • Shingle Roof
  • Asphalt Roof
  • Masonite

Interior Spaces

  • 2,016 Sq Ft Home
  • Ceiling Fan
  • French Doors
  • Fire and Smoke Detector

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on lower level

Finished Basement

  • Interior Basement Entry
  • Sump Pump

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Schools

  • Independence Elementary And Middle School
  • Independence High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1005277011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,571

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Parcel Number: 1005277011
  • Year Built: 1983
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Laundry Room, Lower Level
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.293
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Attribution Contact: CELL: 563-920-8212
  • Co List Office Phone: 319-334-5703
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan(s), Ceiling Fan/Light, French Doors
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 2016
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Appliances Negotiable, Dishwasher, Disposal, Microwave Built In, Sump Pump, Gas Water Heater
  • Basement: Concrete, Entrance-Inside, Floor Drain, Finished
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1008
  • BelowGradeArea: 1008

Exterior Features

  • Construction Type: Masonite
  • Exterior Features: Deck, Landscaping

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage, Garage Door Opener

Utilities

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

Schools

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

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 85' x 150'
  • Lot Size Sq Ft: 12750
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2571

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2016
Closed on
Aug 26, 2016
Sold by
Ferris Travis J and Giblin Anne M
Bought by
Studebaker Deion C and Majewski Autumn L
Seller's Agent
Curt Martin
RE/MAX Independence Realty
List Price
$140,000
Sold Price
$137,000
Premium/Discount to List
-$3,000
-2.14%
Current Estimated Value
$205,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,223
Avg. Annual Appreciation
4.44%
Original Mortgage
$133,555
Outstanding Balance
$108,114
Interest Rate
3.43%
Estimated Equity
$94,179

Purchase Details

Closed on
Jul 22, 2008
Sold by
Johnson Jane A
Bought by
Ferris Travis J and Giblin Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,870
Interest Rate
6.39%
Mortgage Type
FHA
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
Studebaker Deion C $137,000 None Available
Ferris Travis J $105,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Studebaker Deion C $28,814
Open Studebaker Deion $133,555
Previous Owner Ferris Travis J $103,870
Previous Owner Johnson Jane A $93,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2016 08/26/16 Sold $137,000 -2.1% $68 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $140,000 -- $69 / 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 $3,132 $171,190 $27,500 $143,690
2023 $3,132 $171,550 $27,500 $144,050
2022 $2,766 $140,390 $21,830 $118,560
2021 $2,756 $140,390 $21,830 $118,560
2020 $2,756 $129,790 $20,010 $109,780
2019 $2,722 $129,790 $20,010 $109,780
2018 $2,606 $126,750 $20,010 $106,740
2017 $2,368 $126,750 $20,010 $106,740
2016 $2,330 $114,380 $13,530 $100,850
2015 $2,330 $114,380 $13,530 $100,850
2014 $2,376 $114,380 $13,530 $100,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20163515

Northeast Iowa Regional Board of REALTORS®

APN: 10.05.277.011