NOT LISTED FOR SALE

1875 340th St Spencer, IA 51301

Estimated Value: $518,000 - $625,596

4 Beds
2.5 Baths
2,848 Sq Ft
$202/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $555,000 $195 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,410/month

6 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Machine Shed
  • Spencer Middle School Rated 9+
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace

About This Home

As of April 2022

SOLITUDE! Nestled on just under 10 acres this 4 bedroom, 3 bath home may just be the perfect place to start your Hobby Farm, hit some golf balls on your own 1 hole course, 30x50 shop Hard Surface Road and just 1.5 miles west of Spencer. So many must have details checked off your list! Is it time to move to the country? Click the unbranded video link to do an Aerial Tour!

Last Agent to Sell the Property

Bob Bates

Northwest Iowa Realty License #B64356 Listed on: 03/14/2022

Northwest Iowa Realty

Last Buyer's Agent

Bob Bates

Northwest Iowa Realty License #B64356 Listed on: 03/14/2022

Northwest Iowa Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,486

Year Built

  • Built in 1976

Lot Details

  • 9.8 Acre Lot
  • Property fronts a county road

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Frame Construction
  • Asphalt Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 2,848 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Partial Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Machine Shed

Listing and Financial Details

  • Assessor Parcel Number 963709200009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,486

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: No
  • Type: Single Family Residence
  • Year Built: 1976
  • Levels: Multi/Split
  • Other Structures: Machine Shed
  • Stories: 2
  • Architectural Style: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Wood Burning
  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Price Per S Q F T: 194.87
  • Total Sq Ft: 2848
  • Above Grade Finished: 2848
  • Fireplace: Yes
  • Finished Sq Ft: 2848

Exterior Features

  • Construction: Frame/Wood, Stick Built
  • Construction Materials: Stucco
  • Exterior Features: Deck, Driveway-Concrete
  • Flood Zone: No
  • Road Frontage Type: County Road, Paved
  • Roof: Asphalt

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 2

Utilities

  • Cooling: Central
  • Fuel: Propane
  • Heating: Fireplace, Forced Air
  • Sewer: Private Sewer
  • Water Source: Rural/Municipality

Lot Info

  • Parcel Number: 963709200009
  • Estimated Acres: 9.8
  • Estimated Lot Dimensions: Irregular
  • Lot Sq Ft: 426888

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 4486
  • Tax Classification: Homestead
  • Tax Year: 2021

MLS Schools

  • School District: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
Apr 26, 2022
Sold by
Fox Darrell F and Fox Judy A
Bought by
Adolph David and Adolph Erika
Seller's Agent
Bob Bates
Northwest Iowa Realty
Buyer's Agent
Bob Bates
Northwest Iowa Realty
List Price
$575,000
Sold Price
$555,000
Premium/Discount to List
-$20,000
-3.48%
Current Estimated Value
$575,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,399
Avg. Annual Appreciation
0.99%
Original Mortgage
$499,500
Outstanding Balance
$472,727
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$102,672
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Adolph David $555,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adolph David $499,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $555,000 -3.5% $195 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $575,000 -- $202 / 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
2025 $4,646 $447,030 $99,620 $347,410
2024 $4,646 $417,110 $97,670 $319,440
2023 $4,586 $417,110 $97,670 $319,440
2022 $4,352 $358,390 $107,600 $250,790
2021 $4,486 $343,310 $107,600 $235,710
2020 $4,486 $326,430 $95,270 $231,160
2019 $4,118 $306,990 $0 $0
2018 $4,060 $306,990 $0 $0
2017 $3,946 $283,040 $0 $0
2016 $3,960 $283,040 $0 $0
2015 $3,790 $270,040 $0 $0
2014 $3,790 $270,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 220183

Iowa Great Lakes Board of REALTORS®

APN: 9637-09-200-009