NOT LISTED FOR SALE

2815 Hwy 8 Traer, IA 50675

Estimated Value: $253,000 - $374,000

4 Beds
2 Baths
1,776 Sq Ft
$179/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $249,500 $140 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,986/month

2 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Water Softener is Owned

About This Home

As of December 2020

Your Dream Acreage has been found. Don’t hesitate to see this well maintained and updated acreage that consist of 5.24 acres, 4 Bedrooms, 2 Baths and that dream shop. This 2 story house is packed with character and great spaces inside and out. Stepping inside this 1,776 sqft home you’re greeted by a spacious living room with original hardwood floors. Conveniently connected is the dining area with breathtaking views. Off the dining room is a spacious kitchen w/ a pantry closet. The main level finishes with two substantial bedrooms and an updated full bathroom. The upper level features a stunning large master bedroom with his and her closets. The upper level continues with an additional bedroom and yet another updated full bathroom. The lower level has been well maintained and is a perfect space for future expansion and storage. Most of the mechanicals have all been updated and ready to enjoy. Outside, you’ll love the machine shed that is 36’ x 60’, has radiant heat, insulated, electric overhead door, and an additional cold storage that is 12’ x 60’. All of this is located on a hard surface road and is conveniently located to Waterloo & Cedar Falls. Call for your private showing today. You won’t regret it.

Last Agent to Sell the Property

Madison Howard

Appraisal & Real Estate Services License #S67607000 Listed on: 11/12/2020

Co-Listed By

Jaimme Howard

Appraisal & Real Estate Services License #CG01737 / B35930

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,548

Year Built

  • Built in 1920

Lot Details

  • 5.24 Acre Lot
  • Property is zoned R1-SF

Parking

  • 2 Car Garage

Home Design

  • Concrete Foundation
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • 1,776 Sq Ft Home
  • Interior Basement Entry
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0807351016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,548

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Parcel Number: 0807351016
  • Year Built: 1920
  • Property Sub-Type: Acres
  • PropertyType: Residential
  • ResoLaundryFeatures: Dryer Hookup-Gas, Washer Hookup
  • Lot Size Acres: 5.24
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Gravel
  • Co List Office Mls Id: NBR137
  • Co List Office Phone: 319-478-2990
  • Co List Office Phone: 319-478-2990
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1776
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Water Heater, Water Softener Owned
  • Basement: Block, Concrete, Entrance-Inside, Floor Drain, Radon Mitigation System
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • BelowGradeArea: 1040

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Outbuilding(s), Porch, Porch-Covered

Garage/Parking

  • Parking Features: 2 Stall

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • 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: R1-SF
  • Lot Dimensions: Irreg
  • Lot Size Sq Ft: 228254.4
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2548

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2021
Sold by
Knaack Andrew S and Knaack Nicole M
Bought by
Sieck Terry L and Sieck Christina M
Current Estimated Value
$310,940

Purchase Details

Listed on
Nov 12, 2020
Closed on
Dec 29, 2020
Sold by
Ollinger Wiliam C and Ollinger Jessica A
Bought by
Knaack Nicole M and Knaack Andrew S
Seller's Agent
Madison Howard
Appraisal & Real Estate Services
List Price
$249,500
Sold Price
$249,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%
Original Mortgage
$199,600
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2006
Sold by
Dunbar Daniel G and Dunbar Veronica L
Bought by
Ollinger William C and Ollinger Jessica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
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
Sieck Terry L $142,000 None Available
Knaack Nicole M $249,500 None Available
Ollinger William C $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knaack Nicole M $199,600
Previous Owner Ollinger William C $121,000
Previous Owner Ollinger William C $17,625
Previous Owner Ollinger William C $128,000
Previous Owner Ollinger William C $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $249,500 0.0% $140 / Sq Ft
11/14/2020 11/14/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $249,500 -- $140 / 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 $3,398 $271,870 $66,040 $205,830
2023 $2,948 $271,870 $66,040 $205,830
2022 $2,632 $255,780 $66,040 $189,740
2021 $2,614 $223,390 $62,400 $160,990
2020 $24 $218,140 $62,400 $155,740
2019 $2,358 $187,890 $0 $0
2018 $2,292 $187,890 $0 $0
2017 $2,292 $181,220 $0 $0
2016 $2,192 $181,220 $48,000 $133,220
2015 $2,062 $181,220 $48,000 $133,220
2014 $2,062 $175,140 $48,000 $127,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20205684

Northeast Iowa Regional Board of REALTORS®

APN: 08.07.351.016