NOT LISTED FOR SALE

303 1st St Wellsburg, IA 50680

Estimated Value: $129,000 - $156,786

3 Beds
1.5 Baths
1,344 Sq Ft
$104/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $75,000 $56 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $908/month

14 Days on Market

About This Home

As of October 2022

A very solid 1983 ranch style home that needs some TLC. Has a large back yard to enjoy the summer nights. Furnace and Air Conditioner installed Jan 15, 1983, Furnace replaced May 20, 1999, the whirlpool water heater was installed on April 21, 2008. Sold as is.

Last Agent to Sell the Property

Denise Reents

PSB Realty License #S69634000 Listed on: 06/01/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,498

Year Built

  • Built in 1983

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 113.00x190.00

Parking

  • 2 Car Garage

Home Design

  • 1,344 Sq Ft Home
  • Concrete Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Agwsr Elementary And Middle School
  • Agwsr High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Built-In Oven
  • Laundry on main level

Listing and Financial Details

  • Assessor Parcel Number 881815276005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,498

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Parcel Number: 881815276005
  • Year Built: 1983
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor
  • Lot Size Acres: 0.49
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-989-9062
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Steel
  • TotalFinishedSquareFootage: 1344
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Oven, Electric Water Heater
  • Basement: Concrete
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • BelowGradeArea: 1344

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: 2 Stall

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

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

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 113.00X190.00
  • Lot Size Sq Ft: 21470
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1498

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Oct 26, 2022
Sold by
Koch Mitchel
Bought by
Buseman Cole and Buseman Randi
Seller's Agent
Denise Reents
PSB Realty
List Price
$106,250
Sold Price
$75,000
Premium/Discount to List
-$31,250
-29.41%
Current Estimated Value
$139,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,697
Avg. Annual Appreciation
21.40%
Original Mortgage
$222,500
Outstanding Balance
$216,810
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
-$85,210
Source: Public Records

Range of Values:

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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
Buseman Cole $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buseman Cole $222,500
Previous Owner Koch Mitchel $63,963
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $75,000 -29.4% $56 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $106,250 -- $79 / 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 $2,042 $130,860 $16,630 $114,230
2023 $1,972 $130,860 $16,630 $114,230
2022 $1,770 $106,250 $13,860 $92,390
2021 $1,770 $106,250 $13,860 $92,390
2020 $1,508 $95,230 $13,860 $81,370
2019 $1,492 $95,230 $13,860 $81,370
2018 $1,516 $89,930 $13,860 $76,070
2017 $1,684 $89,930 $13,860 $76,070
2016 $1,684 $97,850 $0 $0
2015 $1,684 $85,830 $0 $0
2014 $1,412 $85,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20222378

Northeast Iowa Regional Board of REALTORS®

APN: 881815276005