NOT LISTED FOR SALE

1814 5th Ave E Spencer, IA 51301

Spencer Area
8 Beds
4 Baths
1,440 Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: August 30, 2019

Last sale price $190,000 $132 Per Sq Ft

22 Days on Market

Highlights

  • 4 Car Detached Garage
  • Baseboard Heating
  • Coin Laundry

About This Home

As of August 2019

INVESTMENT OPPORTUNITY! This clean, well maintained 4-plex is in a great location close to the college. All four apartments are 2 bedroom 1 bath units with a detached garage for each unit.

Last Agent to Sell the Property

Brooke Jones

RE/MAX Lakes Realty License #B62681 Listed on: 08/07/2019

RE/MAX Lakes Realty

Co-Listed By

Tracy Evans

RE/MAX Lakes Realty License #S63783

Last Buyer's Agent

Greg Haack

Hometown Realty License #B41589

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,918

Year Built

  • Built in 1975

Lot Details

  • 13,000 Sq Ft Lot
  • Lot Dimensions are 100x130

Parking

  • 4 Car Detached Garage
  • Driveway

Home Design

  • 1,440 Sq Ft Home
  • Quadruplex
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating

Community Details

  • 4 Units
  • Coin Laundry

Listing and Financial Details

  • Tenant pays for cable TV, water/sewer
  • Assessor Parcel Number 963606455001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,918

Year Built

Built in 1975

Lot Details

0.3 Acres

Parking

4

Listing Details

  • Class: MULTIFAMILY
  • Type: Quadruplex
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4
  • Basement Material: Poured Concrete
  • Basement Style: Full, Walkout
  • Above Grade Finished: 1440
  • Fireplace: No

Exterior Features

  • Construction: Frame/Wood
  • Exterior Features: Driveway-Concrete
  • Flood Zone: No
  • Road Frontage Type: City Street
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 4

Utilities

  • Fuel: Electric
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Water Source: Public/City

Association/Amenities

  • Community Features: Coin-op Laundry Own

Lot Info

  • Parcel Number: 963606455001
  • Estimated Acres: 0.3
  • Estimated Lot Dimensions: 100x130
  • Lot Sq Ft: 13000

Rental Info

  • Owner Pays: Lawn, Snow Removal, Trash Collection
  • Tenant Pays: Cable TV, Water/Sewer
  • Furnished: No

Multi Family

  • Number Of Units: 4

Tax Info

  • Tax Amount: 2918
  • Tax Classification: Non-Homestead
  • Taxes W Assessments: 2918
  • Tax Year: 2017

MLS Schools

  • School District: Spencer

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2019
Closed on
Aug 30, 2019
Sold by
Bought by
Seller's Agent
Brooke Jones
RE/MAX Lakes Realty
Buyer's Agent
Greg Haack
Hometown Realty
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Outstanding Balance
$130,489
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$190,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $152,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $190,000 -5.0% $132 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $200,000 -- $139 / Sq Ft
Source: Iowa Great Lakes Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,704 $176,800 $32,500 $144,300
2024 $2,704 $168,940 $22,540 $146,400
2023 $2,612 $168,940 $22,540 $146,400
2022 $2,728 $138,490 $22,540 $115,950
2021 $2,666 $129,660 $22,540 $107,120
2020 $2,666 $118,270 $22,540 $95,730
2019 $2,758 $114,110 $0 $0
2018 $2,918 $114,110 $0 $0
2017 $2,918 $110,010 $0 $0
2016 $3,200 $110,010 $0 $0
2015 $2,990 $98,740 $0 $0
2014 $3,138 $98,740 $0 $0
Source: Public Records

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 191215

Iowa Great Lakes Board of REALTORS®
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