$186,000
SOLD JUN 23, 2025

1617 5th Ave E Spencer, IA 51301

3 Beds
1 Bath
1,324 Sq Ft
0.26 Acres

Recently Sold

$140 Per Sq Ft

4% Above List Price

2 Days on Market

Highlights

  • 1 Car Attached Garage
  • Patio
  • Combination Dining and Living Room
  • Forced Air Heating and Cooling System
  • Bathroom on Main Level
  • 1-Story Property

About This Home

As of June 2025

First home or forever home you will love this 3 bedroom ranch located in a great neighborhood close to schools, parks, churches and more. On the inside this home features beautiful hardwoods in the bedrooms, an updated bathroom, main floor laundry, a new 200 amp service panel and a hidden gem family room with bountiful evening sunlight overlooking a perfectly fenced in backyard. Step outside and relax on your newer patio that compliments this large greenspace complete with a garden area, flower beds and a shed big enough for all your outdoor equipment. Last but not least even the driveway has been widened out for extra parking. Just another way to say welcome HOME. Make this one the one you want to see today!

Last Agent to Sell the Property

Bryan Sebastian

Northwest Iowa Realty License #S65753 Listed on: 05/13/2025

Northwest Iowa Realty

Last Buyer's Agent

Bryan Sebastian

Northwest Iowa Realty License #S65753 Listed on: 05/13/2025

Northwest Iowa Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,394

Year Built

  • Built in 1956

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75 x 150

Parking

  • 1 Car Attached Garage

Home Design

  • Asphalt Roof
  • Aluminum Siding
  • Block Exterior

Interior Spaces

  • 1,324 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Tripps Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 963607202016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,394

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: Yes
  • Type: Single Family Residence
  • Year Built: 1956
  • Levels: One
  • Stories: 1
  • Architectural Style: Ranch
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Bathroom Description: Main Floor Full Bath
  • Full Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Dining Room: Combine Living Room
  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Price Per S Q F T: 140.48
  • Total Sq Ft: 1324
  • Above Grade Finished: 1324
  • Finished Sq Ft: 1324
  • Basement Features: Unfinished

Exterior Features

  • Construction: Concrete Block
  • Construction Materials: Aluminum Siding
  • Exterior Features: Patio
  • Flood Zone: No
  • Road Frontage Type: Curbs & Gutters
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 1

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: TRIPPS ADDITION

Schools

  • School District: Spencer

Lot Info

  • Parcel Number: 963607202016
  • Estimated Acres: 0.26
  • Estimated Lot Dimensions: 75 x 150
  • Lot Sq Ft: 11250

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 2394
  • Tax Classification: Homestead
  • Tax Year: 2024

MLS Schools

  • School District: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2025
Closed on
Jun 20, 2025
Sold by
White Riley and White Andee Gustafson
Bought by
Nissen Nathan
Seller's Agent
Bryan Sebastian
Northwest Iowa Realty
Buyer's Agent
Bryan Sebastian
Northwest Iowa Realty
List Price
$179,000
Sold Price
$186,000
Premium/Discount to List
$7,000
3.91%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-22.21%
Original Mortgage
$161,000
Outstanding Balance
$160,863
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$16,468

Purchase Details

Listed on
Oct 6, 2021
Closed on
Nov 19, 2021
Sold by
Lynn Lyon Amanda
Bought by
White Riley
Seller's Agent
Kim Bates
Northwest Iowa Realty
Buyer's Agent
Bryan Sebastian
Northwest Iowa Realty
List Price
$139,000
Sold Price
$142,711
Premium/Discount to List
$3,711
2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$128,400
Interest Rate
3.09%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $186,000 None Listed On Document
Warranty Deed $186,000 None Listed On Document
Warranty Deed $143,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $161,000 New Conventional
Closed $161,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $128,400 New Conventional
Previous Owner $128,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Sold $186,000 +3.9% $140 / Sq Ft
05/15/2025 05/15/25 Pending -- -- --
05/13/2025 05/13/25 For Sale $179,000 +25.4% $135 / Sq Ft
11/22/2021 11/22/21 Sold $142,711 +2.7% $108 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $139,000 -- $105 / 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 $2,482 $165,280 $21,420 $143,860
2023 $2,394 $165,280 $21,420 $143,860
2022 $1,866 $141,660 $21,420 $120,240
2021 $1,716 $113,400 $21,420 $91,980
2020 $1,716 $99,750 $19,130 $80,620
2019 $1,778 $105,390 $0 $0
2018 $1,746 $105,390 $0 $0
2017 $1,782 $102,680 $0 $0
2016 $1,762 $102,680 $0 $0
2015 $1,540 $90,850 $0 $0
2014 $1,490 $90,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 250553

Iowa Great Lakes Board of REALTORS®

APN: 9636-07-202-016