NOT LISTED FOR SALE

303 E 4th St Spencer, IA 51301

Estimated Value: $200,000 - $306,666

5 Beds
6 Baths
2,900 Sq Ft
$90/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $59,000 $20 Per Sq Ft

Est. 345% increase in value since last sale

Current estimated payment $1,602/month

16 Days on Market

About This Home

As of July 2019

Investor ALERT! Income Generating Property producing up to $1710 currently with 4 Apartments And 1 House.Vinyl Siding, Heating system 2009, Plumbing 2011, Electrical Breaker Boxes 2015, New Roofs 2018/2016.

Last Agent to Sell the Property

Kelly Bierl

Hometown Realty License #B64536 Listed on: 04/23/2019

Last Buyer's Agent

Kari Stave

EXIT Realty Midwest- Spencer/Emmetsburg License #S63312

EXIT Realty Midwest- Spencer/Emmetsburg

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 8,520 Sq Ft Lot
  • Lot Dimensions are 60 x 142

Home Design

  • Quadruplex
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,900 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 9636 07 456 008 00

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

8,520 Sq Ft Lot

Listing Details

  • Class: MULTIFAMILY
  • Type: Quadruplex
  • Year Built: 1920
  • Levels: Three Or More
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 6
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Total Sq Ft: 2900
  • Fireplace: No

Exterior Features

  • Construction: Frame/Wood
  • Construction Materials: Vinyl Siding
  • Flood Zone: No
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Type: None

Utilities

  • Fuel: Natural Gas
  • Heating: Boiler
  • Sewer: Public Sewer
  • Water Source: Public/City

Lot Info

  • Parcel Number: 9636 07 456 008 00
  • Estimated Acres: 0.2
  • Estimated Lot Dimensions: 60 x 142
  • Lot Sq Ft: 8520

Rental Info

  • Furnished: No

Multi Family

  • Number Of Units: 5

Tax Info

  • Tax Amount: 2914
  • Tax Classification: Homestead
  • Tax Year: 2019

MLS Schools

  • School District: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2019
Closed on
Jun 28, 2019
Sold by
Ellingson Kenneth O and Ellingson Lou A
Bought by
Johnson Rachel A and Ries Greggery A
Seller's Agent
Kelly Bierl
Hometown Realty
Buyer's Agent
Kari Stave
EXIT Realty Midwest- Spencer/Emmetsburg
List Price
$72,500
Sold Price
$59,000
Premium/Discount to List
-$13,500
-18.62%
Current Estimated Value
$262,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,417
Avg. Annual Appreciation
25.24%
Original Mortgage
$150,000
Outstanding Balance
$130,784
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$131,633
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
Johnson Rachel A $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Rachel A $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2019 07/01/19 Sold $59,000 -18.6% $20 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $72,500 -- $25 / Sq Ft
Source: Iowa Great Lakes Board of REALTORS®

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 $3,052 $262,390 $24,000 $238,390
2024 $3,052 $190,620 $16,800 $173,820
2023 $3,565 $215,290 $16,800 $198,490
2022 $1,498 $176,610 $13,200 $163,410
2021 $1,462 $83,780 $13,200 $70,580
2020 $1,462 $64,910 $13,200 $51,710
2019 $2,754 $113,940 $0 $0
2018 $2,914 $113,940 $0 $0
2017 $2,914 $110,930 $0 $0
2016 $3,226 $110,930 $0 $0
2015 $3,050 $100,700 $0 $0
2014 $3,050 $100,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 190522

Iowa Great Lakes Board of REALTORS®

APN: 9636-07-456-008

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