NOT LISTED FOR SALE

218 5th Ave SE Independence, IA 50644

Estimated Value: $199,000 - $207,167

5 Beds
1.5 Baths
2,482 Sq Ft
$82/Sq Ft Est. Value

Last Sold March 02, 2023

Last sale price $199,900 $81 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,377/month

69 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Central Air

About This Home

As of March 2023

This home will knock your socks off! The farmhouse kitchen has been recently updated. Enjoy the generous space to create a scrumptious feast. The substantial amount of cabinets will leave the resident chef in awe. For those serious grillers- you have easy access to the deck right off the kitchen. No more traipsing through the house with your grilled masterpiece. The deck overlooks an incredible outdoor space which is dubbed the "Stable Bar". Add your own flare and enjoy that backyard oasis. A half bath and laundry adjacent to the kitchen means there is no longer an excuse to fall behind on the laundry. The living room is generously sized for entertaining many or allowing space for bulky furniture. Both the grand stairway entrance and the all American front porch are as impressive as one would hope. Upstairs you'll delight in the amount of bedrooms and space! Each of the five bedrooms has its own theme. Don't need five bedrooms you say? Convert one or more to a craft room, office or spare bedroom. The large media room at the end of the hall is the perfect upstairs sanctuary. Both the primary bedroom and media room ceilings are adorned with trey ceilings. A balcony off of the primary bedroom is the perfect spot to watch the sun rise or set. Go ahead, treat yourself. You deserve it!

Last Agent to Sell the Property

Heather Federspiel

Wapsie Realty LLC License #B61415 Listed on: 11/17/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,973

Year Built

  • Built in 1910

Lot Details

  • 6,889 Sq Ft Lot
  • Lot Dimensions are 83x83
  • Property is zoned R-2

Parking

  • 2 Car Garage

Home Design

  • 2,482 Sq Ft Home
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Independence Elementary And Middle School
  • Independence High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 1003156004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,973

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Parcel Number: 1003156004
  • Year Built: 1910
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Lot Size Acres: 0.158
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-332-1515
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 2482
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • BelowGradeArea: 892

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Porch-Covered

Garage/Parking

  • Parking Features: 2 Stall

Utilities

  • Cooling: Central Air
  • Heating: Gas
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Independence
  • High School: Independence
  • Middle Or Junior School: Independence

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 83x83
  • Lot Size Sq Ft: 6889
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2973

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Feb 27, 2023
Sold by
Mergen Steven E and Mergen Akaesha B
Bought by
Prentice Brianna N
Seller's Agent
Heather Federspiel
Wapsie Realty LLC
List Price
$199,900
Sold Price
$199,900
Views
323
Current Estimated Value
$202,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,892
Avg. Annual Appreciation
0.06%
Original Mortgage
$196,278
Outstanding Balance
$190,358
Interest Rate
6.15%
Mortgage Type
FHA
Estimated Equity
$9,846

Purchase Details

Closed on
Sep 29, 2011
Sold by
Marshall Lori T
Bought by
Mergen Steven E and Mergen Akaesha B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,243
Interest Rate
4.14%
Mortgage Type
New Conventional
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
Prentice Brianna N $200,000 --
Mergen Steven E $115,000 Security First Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prentice Brianna N $196,278
Previous Owner Mergen Steven Edward $131,190
Previous Owner Mergen Steve E $114,400
Previous Owner Mergen Steven E $121,243
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2023 03/02/23 Sold $199,900 0.0% $81 / Sq Ft
01/25/2023 01/25/23 Pending -- -- --
11/17/2022 11/17/22 For Sale $199,900 -- $81 / 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 $3,558 $177,580 $15,010 $162,570
2023 $3,784 $177,580 $15,010 $162,570
2022 $3,314 $141,230 $11,920 $129,310
2021 $3,352 $141,230 $11,920 $129,310
2020 $2,994 $131,700 $10,830 $120,870
2019 $2,904 $131,700 $10,830 $120,870
2018 $2,851 $126,080 $10,830 $115,250
2017 $3,196 $126,080 $10,830 $115,250
2016 $3,148 $142,840 $6,450 $136,390
2015 $3,148 $142,840 $6,450 $136,390
2014 $3,212 $142,840 $6,450 $136,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20225336

Northeast Iowa Regional Board of REALTORS®

APN: 10.03.156.004