Brenda Conyn
Epique Realty
(515) 654-5862
18 Total Sales
8 in Spencer
$105K - $356K Price Range
19 E 2nd St Spencer, IA 51301
Spencer Area
4
Beds
2
Baths
2,050
Sq Ft
8,052
Sq Ft Lot
Highlights
- Main Floor Bedroom
- Detached Garage
- Wood Siding
About This Home
As of July 2026Investor Opportunity – Tucked into the heart of Spencer, this 11⁄2-story frame bungalow has been a quiet constant—providing a comfortable place to call home for long-term tenants and reliable income. With two separate living units, each space offers simple, practical living with everything tenants need and nothing overcomplicated. Located near downtown, this property provides a strong occupancy history and consistent cash flow—perfect for investors seeking a stable, income-producing opportunity. This one deserves a closer look.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,352
Year Built
- Built in 1920
Lot Details
- 8,052 Sq Ft Lot
- Lot Dimensions are 66 x 122
Home Design
- Duplex
- Asphalt Roof
- Wood Siding
- Block Exterior
Interior Spaces
- 2,050 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 2 Bathrooms
Parking
- Detached Garage
- Shared Driveway
Utilities
- Boiler Heating System
- Heating System Uses Natural Gas
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for broadband, cable TV
- Assessor Parcel Number 963618132015
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
Oct 10, 2025
Closed on
Jul 1, 2026
Sold by
Hentges Gordon L and Hentges Frances E
Bought by
Seller's Agent
Kelly Bierl
Hometown Realty
Buyer's Agent
Kelly Bierl
Hometown Realty
List Price
$125,000
Sold Price
$100,000
Premium/Discount to List
-$25,000
-20%
Views
81
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.90%
Original Mortgage
$80,000
Outstanding Balance
$79,721
Interest Rate
5.85%
Mortgage Type
New Conventional
Estimated Equity
$31,695
Purchase Details
Closed on
Mar 22, 2019
Sold by
Lee-Carey Patrick and Lelah-Carey Barbara
Bought by
Hentges Gordon L and Hentges Frances E
Purchase Details
Closed on
Nov 7, 2007
Sold by
Schubert Properties Llc
Bought by
Carey Patrick Lee and Carey Barbara Lelah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7%
Mortgage Type
Future Advance Clause Open End Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Spencer, IA
-
Brenda Conyn
-
Katie Slater
Katie Slater
NextHome at the Lakes
(712) 339-2094
121 Total Sales
16 in Spencer
$91K - $430K Price Range
-
Charlie Leissler
Charlie Leissler
RE/MAX Lakes Realty
(712) 225-7223
59 Total Sales
1 in Spencer
$153,500 Price
-
Michael Stokes
Michael Stokes
Stokes Realty, LLC
(712) 900-0691
100 Total Sales
1 in Spencer
$375,000 Price
-
Aaron Jones
Aaron Jones
RE/MAX Lakes Realty
(712) 382-8173
309 Total Sales
2 in Spencer
$180K - $263K Price Range
-
Abby Phillips
Abby Phillips
Responds QuicklyAnchor Realty Group, LLC
(712) 717-0724
64 Total Sales
4 in Spencer
$45K - $244K Price Range
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100,000 | -- | |
| Warranty Deed | $59,000 | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $75,000 | Credit Line Revolving | |
| Previous Owner | $50,000 | Future Advance Clause Open End Mortgage |
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 |
|---|---|---|---|---|
| 07/01/2026 07/01/26 | Sold | $100,000 | -13.0% | $49 / Sq Ft |
| 04/21/2026 04/21/26 | Pending | -- | -- | -- |
| 02/18/2026 02/18/26 | Price Changed | $115,000 | -3.4% | $56 / Sq Ft |
| 02/10/2026 02/10/26 | Price Changed | $119,000 | -4.8% | $58 / Sq Ft |
| 10/10/2025 10/10/25 | For Sale | $125,000 | -- | $61 / 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 | $1,266 | $82,670 | $14,260 | $68,410 |
| 2024 | $1,352 | $84,400 | $14,260 | $70,140 |
| 2023 | $1,306 | $84,400 | $14,260 | $70,140 |
| 2022 | $1,240 | $72,770 | $14,260 | $58,510 |
| 2021 | $1,308 | $69,350 | $14,260 | $55,090 |
| 2020 | $1,308 | $69,480 | $12,670 | $56,810 |
| 2019 | $1,218 | $66,410 | $0 | $0 |
| 2018 | $57 | $66,410 | $0 | $0 |
| 2017 | $1,259 | $63,500 | $0 | $0 |
| 2016 | $1,190 | $63,500 | $0 | $0 |
| 2015 | $1,228 | $65,500 | $0 | $0 |
| 2014 | $1,228 | $65,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Bierl
Seller's Agent in 2026
Kelly Bierl
Hometown Realty
(712) 260-5711
298 Total Sales
Map
Source: Iowa Great Lakes Board of REALTORS®
MLS Number: 251337
APN: 9636-18-132-015
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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