NOT LISTED FOR SALE

305 3rd Ave Collins, IA 50055

Estimated Value: $121,000 - $151,000

2 Beds
1 Bath
672 Sq Ft
$205/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $121,000 $180 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $872/month

8 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating and Cooling System
  • Patio

About This Home

As of March 2024

Take a peek at this cozy and cute home over at 305 3rd Avenue in Collins, Iowa. It has a homey feel, with two bedrooms and one bathroom- it’s just the right size! In the fully updated kitchen you’ll find newer stainless steel appliances, tiled backsplash and granite countertops. The main living area has vaulted ceilings and beautiful natural lighting.
Outside you will find a large front yard, cement patio, and a shed for extra storage. The oversized one car garage allows you to easily park your car and still have room for a workshop!
The exterior of the house has received significant upgrades, including: new siding, new gutters, and a new roof.
Whether you’re looking to buy your first place or thinking about an investment to rent out, this house is a sweet deal. It has all the updates that make it a low-maintenance option. Plus, living in Collins means you get that small-town feel, while being close to everything you need. Bonus being USDA eligible.
Come check it out and make Collins your next home!

Last Agent to Sell the Property

Laurry Wailes

The American Real Estate Co. Listed on: 01/03/2024

Co-Listed By

Rich Montanaro

The American Real Estate Co.

Last Buyer's Agent

Kristen Tibben

Friedrich Iowa Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,407

Year Built

  • Built in 1948

Lot Details

  • 7,100

Home Design

  • 672 Sq Ft Home
  • Bungalow
  • Block Foundation
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Additional Features

  • Patio
  • 7,100 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1621155605

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,407

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bungalow
  • Lp Amt Sq Ft: 186.01
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 180.06
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 1st Flr Laundry, See Reserved Items
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Slab
  • Included Items: Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 672
  • Total Sq Ft: 672

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Open Patio
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Paint

Garage/Parking

  • Driveway: Gravel
  • Garage Sq Ft: 308
  • Garage: 1 Detached
  • Garage Parking Stalls: 1

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1630
  • Lot S F: 7100
  • Lot Shape: Regular
  • Assessor Parcel Number: 1621155605
  • Zoning: Res

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1407.00
  • Net Taxes: 1408.00

MLS Schools

  • School District: Collins-Maxwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Feb 29, 2024
Sold by
Mitchell Logan D
Bought by
Snoddy Jacob Austin
Seller's Agent
Laurry Wailes
The American Real Estate Co.
Buyer's Agent
Kristen Tibben
Friedrich Iowa Realty
List Price
$125,000
Sold Price
$121,000
Premium/Discount to List
-$4,000
-3.2%
Views
35
Current Estimated Value
$137,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,865
Avg. Annual Appreciation
7.31%
Original Mortgage
$114,950
Outstanding Balance
$112,915
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$24,950

Purchase Details

Closed on
Apr 13, 2020
Sold by
Fricke Jacob A
Bought by
Mitchell Logan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,190
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2017
Closed on
May 25, 2017
Sold by
Martin Cary and Martin Sherri
Bought by
Fricke Jacob A
Seller's Agent
Marc Olson
Re/max Concepts-Nevada
Buyer's Agent
Neil Seales
Baxter Real Estate Agency
List Price
$44,900
Sold Price
$44,000
Premium/Discount to List
-$900
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.18%
Original Mortgage
$44,946
Interest Rate
4.03%
Mortgage Type
VA

Purchase Details

Listed on
Feb 13, 2012
Closed on
Jul 23, 2012
Sold by
The Estate Of Martha R Mullihan
Bought by
Martin Cary and Martin Sherri
Seller's Agent
Sherri Smith
Hunziker & Assoc.-Nevada
Buyer's Agent
Donna Borton
Hunziker & Assoc.-Nevada
List Price
$25,000
Sold Price
$17,000
Premium/Discount to List
-$8,000
-32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.91%
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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Purchase History

Date Buyer Sale Price Title Company
Snoddy Jacob Austin $121,000 None Listed On Document
Mitchell Logan D $68,000 None Available
Fricke Jacob A -- None Available
Martin Cary $17,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snoddy Jacob Austin $114,950
Previous Owner Mitchell Logan D $69,190
Previous Owner Fricke Jacob A $44,946
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2024 03/01/24 Sold $121,000 -3.2% $180 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $125,000 +184.1% $186 / Sq Ft
05/31/2017 05/31/17 Sold $44,000 0.0% $65 / Sq Ft View Prior Sale
05/26/2017 05/26/17 Sold $44,000 -2.0% $65 / Sq Ft View Prior Sale
05/26/2017 05/26/17 Pending -- -- --
03/29/2017 03/29/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $44,900 0.0% $67 / Sq Ft
02/27/2017 02/27/17 For Sale $44,900 +164.1% $67 / Sq Ft
08/09/2012 08/09/12 Sold $17,000 -32.0% $25 / Sq Ft View Prior Sale
06/20/2012 06/20/12 Pending -- -- --
02/13/2012 02/13/12 For Sale $25,000 -- $37 / Sq Ft
Source: Des Moines Area Association 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
2025 $1,808 $115,800 $10,000 $105,800
2024 $1,482 $102,100 $8,800 $93,300
2023 $1,408 $82,700 $8,800 $73,900
2022 $1,436 $66,100 $7,500 $58,600
2021 $1,046 $66,100 $7,500 $58,600
2020 $824 $45,600 $6,300 $39,300
2019 $824 $45,600 $6,300 $39,300
2018 $706 $32,500 $7,500 $25,000
2017 $706 $32,500 $7,500 $25,000
2016 $574 $29,800 $7,500 $22,300
2015 $574 $29,800 $7,500 $22,300
2014 $572 $29,400 $7,500 $21,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 687101

Des Moines Area Association of REALTORS®

APN: 16-21-155-605