NOT LISTED FOR SALE

1603 1st Ave E Spencer, IA 51301

Estimated Value: $273,000 - $345,000

4 Beds
3.5 Baths
3,028 Sq Ft
$101/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $298,000 $98 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,021/month

14 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating and Cooling System
  • Spencer Middle School Rated 9+
  • 2 Car Attached Garage
  • Patio

About This Home

As of November 2023

You won't believe the Interior! As you enter the property, you'll be greeted by beautiful character with modern updates that appear to have always been there. The main level has an updated kitchen, complete with high-end appliances, ample cabinet space, quartz counters, breakfast bar and a kegerator. The dining is conveniently located next to the kitchen, making it easy to entertain. A cozy gas fireplace and wood ceiling add to the warmth of this living space. Upstairs, you'll find the spacious master with en-suite bathroom. The yard is a true retreat with covered deck, white picket fence and paver patio. Don't miss out on this FANTASTIC home with tons of CHARACTER!

Last Agent to Sell the Property

Kim Bates

Northwest Iowa Realty License #B41316 Listed on: 09/06/2023

Northwest Iowa Realty

Last Buyer's Agent

Kim Bates

Northwest Iowa Realty License #B41316 Listed on: 09/06/2023

Northwest Iowa Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,986

Year Built

  • Built in 1940

Lot Details

  • 0.3 Acre Lot
  • Property is Fully Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 3,028 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Community Details

  • Carlsens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 963607130008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,986

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: No
  • Type: Single Family Residence
  • Year Built: 1940
  • Levels: One and One Half
  • Stories: 1.5
  • Architectural Style: 1.5 STORY
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas
  • Total Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Basement Material: Concrete Block, Poured Concrete
  • Basement Style: Full
  • Appliances: Disposal, Range/Stove
  • Price Per S Q F T: 98.41
  • Total Sq Ft: 3528
  • Above Grade Finished: 2592
  • Below Grade Finished: 436
  • Fireplace: Yes
  • Finished Sq Ft: 3028
  • Basement Features: Finished-Partial

Exterior Features

  • Construction: Stick Built
  • Construction Materials: Vinyl Siding
  • Exterior Features: Deck, Fenced Yard-Full, Patio, Porch
  • Flood Zone: No
  • Road Frontage Type: Curbs & Gutters, Sidewalks
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Complex Development Subdivision Name: CARLSENS SUBDIVISION

Schools

  • School District: Spencer

Lot Info

  • Parcel Number: 963607130008
  • Estimated Acres: 0.3
  • Estimated Lot Dimensions: Irregular
  • Lot Sq Ft: 13250

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 3986
  • Tax Classification: Homestead
  • Tax Year: 2022

MLS Schools

  • School District: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Nov 23, 2023
Sold by
Louise Kerrick Hilary and Belli Aureo
Bought by
Chapman Taylor and Chapman Natalie
Seller's Agent
Kim Bates
Northwest Iowa Realty
Buyer's Agent
Kim Bates
Northwest Iowa Realty
List Price
$305,000
Sold Price
$298,000
Premium/Discount to List
-$7,000
-2.3%
Views
91
Current Estimated Value
$306,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,319
Avg. Annual Appreciation
1.55%
Original Mortgage
$253,300
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2020
Sold by
Ladwig Dennis A and Ladwig Marilyn K
Bought by
Ladwig Ennis A and Ladwig Revocable Trust

Purchase Details

Closed on
Mar 29, 2014
Sold by
Faribanks Nicholas A and Faribanks Kathryn M
Bought by
Kerrick Hilary Louise and Luna Aureo Luis Bellido De

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2007
Sold by
Schubert Matthew and Schubert Julie
Bought by
Souder Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,296
Interest Rate
6.27%
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
Chapman Taylor $298,000 None Listed On Document
Chapman Taylor $298,000 None Listed On Document
Ladwig Ennis A -- None Available
Kerrick Hilary Louise $190,000 None Available
Souder Christopher $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapman Taylor $255,000
Closed Chapman Taylor $253,300
Previous Owner Kerrick Hilary Louise $35,000
Previous Owner Kerrick Hilary Louise $305,500
Previous Owner Kerrick Hilary Louise $25,000
Previous Owner Kerrick Hilary Louise $35,000
Previous Owner Kerrick Hilary Louise $240,000
Previous Owner Fairbanks Nocholas A $152,000
Previous Owner Souder Christopher $172,296
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $298,000 -2.3% $98 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $305,000 -- $101 / 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
2024 $4,668 $291,530 $31,680 $259,850
2023 $3,986 $279,120 $31,680 $247,440
2022 $3,868 $235,110 $31,680 $203,430
2021 $3,922 $225,360 $31,680 $193,680
2020 $3,922 $216,810 $27,720 $189,090
2019 $3,764 $213,660 $0 $0
2018 $3,860 $213,660 $0 $0
2017 $3,752 $198,340 $0 $0
2016 $3,694 $196,980 $0 $0
2015 $3,248 $173,250 $0 $0
2014 $3,248 $172,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 231006

Iowa Great Lakes Board of REALTORS®

APN: 9636-07-130-008