NOT LISTED FOR SALE

1739 Highway 18 Spencer, IA 51301

Estimated Value: $304,000 - $453,439

4 Beds
1 Bath
2,204 Sq Ft
$178/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $150,000 $68 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $2,367/month

Highlights

  • 500,940 Sq Ft lot
  • 2 Car Detached Garage
  • Baseboard Heating
  • Spencer Middle School Rated 9+
  • Forced Air Cooling System
  • 1-Story Property

About This Home

As of October 2021

Come check this acreage out perfect for a hobby farmer who is willing to put some work into it! Three different outbuildings. Paved road with 11.5 acres. Only minutes West of Spencer! This property does need some TLC. It would be a great investment property! Subject to short sale.

Last Agent to Sell the Property

Katie Muhlbauer

Integrity Real Estate License #S65172 Listed on: 10/08/2020

Last Buyer's Agent

Katie Muhlbauer

Integrity Real Estate License #S65172 Listed on: 10/08/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,452

Year Built

  • Built in 1976

Lot Details

  • 11.5 Acre Lot
  • Lot Dimensions are 700 x 700
  • Property fronts a highway

Parking

  • 2 Car Detached Garage

Home Design

  • Fixer Upper
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,204 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Cooling System
  • Baseboard Heating
  • Heating System Uses Propane
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 9737-32-100-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,452

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: No
  • Remodeled Addition: No
  • Type: Single Family Residence
  • Year Built: 1976
  • Levels: Multi/Split
  • Stories: 1
  • Architectural Style: Other
  • Property Condition: Fixer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Price Per S Q F T: 68.06
  • Total Sq Ft: 2204
  • Above Grade Finished: 1344
  • Below Grade Finished: 1344
  • Fireplace: No
  • Finished Sq Ft: 2204

Exterior Features

  • Construction: Manufactured
  • Construction Materials: Vinyl Siding
  • Flood Zone: Unknown
  • Road Frontage Type: Highway, Paved
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 2

Utilities

  • Cooling: Central
  • Fuel: Propane
  • Heating: Baseboard
  • Sewer: Private Sewer
  • Water Source: Rural/Municipality

Schools

  • School District: Spencer

Lot Info

  • Parcel Number: 9737-32-100-008
  • Estimated Acres: 11.5
  • Estimated Lot Dimensions: 700 X 700
  • Lot Sq Ft: 500940
  • Number Of Lots: 1

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 1452
  • Tax Classification: Agricultural
  • Tax Year: 2019

MLS Schools

  • School District: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2025
Sold by
Dalton Hanson Revocable Living Trust and Hanson Dalton
Bought by
Post Scott T and Post Carissa K
Current Estimated Value
$391,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,000
Outstanding Balance
$330,339
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$81,112

Purchase Details

Closed on
Apr 5, 2024
Sold by
Mcgrane Jacob and Mcgrane Samantha
Bought by
Dalton Hanson Revocable Living Trust and Hanson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2023
Sold by
Saboe Matthew M and Saboe Amalie M
Bought by
Mcgrane Jacob and Mcgrane Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Listed on
Oct 8, 2020
Closed on
Oct 26, 2021
Sold by
Myers Thomas O and Myers Ann M
Bought by
Saboe Matthew M and Saboe Amalie M
Seller's Agent
Katie Muhlbauer
Integrity Real Estate
Buyer's Agent
Katie Muhlbauer
Integrity Real Estate
List Price
$169,000
Sold Price
$150,000
Premium/Discount to List
-$19,000
-11.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.36%
Original Mortgage
$238,000
Interest Rate
3.01%
Mortgage Type
New Conventional
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
Post Scott T $425,000 None Listed On Document
Post Scott T $425,000 None Listed On Document
Dalton Hanson Revocable Living Trust $395,000 None Listed On Document
Mcgrane Jacob $399,000 --
Saboe Matthew M $150,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Post Scott T $331,000
Closed Post Scott T $331,000
Previous Owner Dalton Hanson Revocable Living Trust $39,500
Previous Owner Dalton Hanson Revocable Living Trust $316,000
Previous Owner Mcgrane Jacob $399,000
Previous Owner Saboe Matthew M $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $150,000 -9.1% $68 / Sq Ft
09/15/2021 09/15/21 Price Changed $165,000 -2.4% $75 / Sq Ft
10/08/2020 10/08/20 For Sale $169,000 -- $77 / 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 $3,500 $366,350 $97,260 $269,090
2023 $1,680 $256,240 $10,920 $245,320
2022 $1,498 $143,410 $9,820 $133,590
2021 $1,450 $135,640 $10,660 $124,980
2020 $1,450 $130,440 $10,910 $119,530
2019 $1,536 $145,310 $0 $0
2018 $1,502 $145,310 $0 $0
2017 $1,502 $135,340 $0 $0
2016 $1,406 $135,340 $0 $0
2015 $1,402 $135,200 $0 $0
2014 $1,486 $139,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 201488

Iowa Great Lakes Board of REALTORS®

APN: 9737-32-100-008