NOT LISTED FOR SALE

1846 J Ave Traer, IA 50675

Estimated Value: $114,000 - $167,000

4 Beds
1 Bath
1,560 Sq Ft
$86/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $85,000 $54 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $811/month

66 Days on Market

About This Home

As of April 2023

Here is your chance to build equity and make this place your own! Rare offering of a beautiful hilltop acreage on hard surface highway. This solid 4 bedroom house has plenty of space! Enjoy the natural windbreak with the trees surrounding the perimeter of the property. This property is eligible under the First Look Initiative which expires after 20 full days on market. No investor offers until first look period expires. No offers regardless of buyer type will not be negotiated within the first 7 days of listing. Subject to seller addendum. For financed offers EMD to be 1% or $1000 whichever is greater and for cash offers EMD to be 5% or $5000 whichever is greater. All offers are subject to OFAC clearance.

Last Agent to Sell the Property

Gina Jordan-Burg

Jordan Real Estate, Inc. License #B6198300 Listed on: 01/24/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,116

Year Built

  • Built in 1925

Lot Details

  • 1.39 Acre Lot
  • Lot Dimensions are 279 x 280
  • Dirt Road
  • Property is zoned R-R

Parking

  • No Garage

Home Design

  • 1,560 Sq Ft Home
  • Block Foundation
  • Asphalt Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Schools

  • North Tama Elementary And Middle School
  • North Tama High School

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0616200011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,116

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Parcel Number: 0616200011
  • Year Built: 1925
  • Property Sub-Type: Acres
  • PropertyType: Residential
  • Lot Size Acres: 1.39
  • Road Surface Type: Dirt
  • Co List Office Phone: 319-284-9800
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1560
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • BelowGradeArea: 780

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: None
  • Heating: Propane
  • Sewer: Septic Tank
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: North Tama
  • High School: North Tama
  • Middle Or Junior School: North Tama

Lot Info

  • Zoning: R-R
  • Lot Dimensions: 279 x 280
  • Lot Size Sq Ft: 60548.4
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Apr 17, 2023
Sold by
Rcf 2 Acquisition Trust
Bought by
Keller Eric
Seller's Agent
Gina Jordan-Burg
Jordan Real Estate, Inc.
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%
Views
408
Current Estimated Value
$134,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,712
Avg. Annual Appreciation
21.45%
Original Mortgage
$13,000
Outstanding Balance
$8,707
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$126,547

Purchase Details

Closed on
Nov 1, 2022
Sold by
Tama County
Bought by
Rcf 2 Acquisition Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Keller Eric $85,500 Servicelink, Llc
Rcf 2 Acquisition Trust $56,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keller Eric $13,000
Open Keller Eric $76,500
Previous Owner Zimmerman Kim A $90,338
Previous Owner Zimmerman Kim A $13,726
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Sold $85,000 -14.9% $54 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $99,900 -- $64 / 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 $1,118 $95,820 $28,000 $67,820
2023 $1,072 $95,820 $28,000 $67,820
2022 $1,116 $94,500 $28,000 $66,500
2021 $1,122 $98,920 $40,660 $58,260
2020 $10 $94,030 $40,660 $53,370
2019 $958 $80,450 $0 $0
2018 $954 $80,450 $0 $0
2017 $954 $78,110 $0 $0
2016 $980 $78,110 $31,280 $46,830
2015 $966 $78,110 $31,280 $46,830
2014 $966 $76,840 $31,280 $45,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20230293

Northeast Iowa Regional Board of REALTORS®

APN: 06.16.200.011