NOT LISTED FOR SALE

309 3rd Ave Malvern, IA 51551

Estimated Value: $37,531 - $123,000

1 Bed
1 Bath
660 Sq Ft
$125/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $25,000 $38 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $508/month

88 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Forced Air Heating System
  • East Mills Jr. Sr. High School Rated A-
  • Living Room
  • 1-Story Property

About This Home

As of November 2021

Rare 2 lot property on the Wabash Trace Nature Trail just 2 blocks from downtown Malvern! This property includes a old historic livery stable. This 1 bedroom, 1 bath house needs complete restoration/rehab. The property offers many possibilities with electric and city water already available. Use your imagination and create your own space to call home. Malvern is a art town with much to offer from dining, groceries, banking, pharmacy, and health care. Come explore Malvern, Ia and make it your home.

Last Agent to Sell the Property

Lisa Carter

RE/MAX Real Estate Group-Malvern License #S68286000 Listed on: 08/11/2021

RE/MAX Real Estate Group-Malvern

Last Buyer's Agent

Lisa Carter

RE/MAX Real Estate Group-Malvern License #S68286000 Listed on: 08/11/2021

RE/MAX Real Estate Group-Malvern

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $254

Year Built

  • Built in 1946

Lot Details

  • 0.33

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 660 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Bathroom

Schools

  • East Mills Elementary School
  • East Mills Middle School
  • East Mills High School

Utilities

  • Forced Air Heating System
  • Gas Available
  • Gas Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$254

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Air Conditioner: None
  • Basement: Full
  • Basement: Full
  • Dining Facilities: None
  • Entry Level: Main Level
  • Fireplace: No
  • Interior Amenities: Other
  • Kitchen Features: None
  • Laundry: None
  • Lower Tri Level: None
  • Main Level: Baths, Primary Bedroom, Living Room
  • Ramp Access: No
  • Second Level: None
  • Sq Ft Main Floor: 660.00
  • Stories: 1.0
  • Total Basement Sq Ft: 660.00
  • Total Finished Sq Ft: 660.00
  • Total Above Ground Finished Sq Ft: 660.00

Beds/Baths

  • Bathrooms Above Grade: 1
  • Bathrooms Below Grade: None
  • Above Grade Bedrooms: 1
  • Below Grade Bedrooms: None
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1

Exterior Features

  • Exterior Amenities: None
  • New Construction: N
  • Roof: Composition
  • Site Amenities: Blacktop Road
  • Style: Ranch

Garage/Parking

  • Garage: None
  • Garage Features: No Features
  • Garage Type: None

Utilities

  • Heating: Gas Forced Air
  • Hot Water Heater: Gas
  • Services: City Sewer, School Bus, Gas, Electrical, City Water

Association/Amenities

  • Association Fee: N

Schools

  • School District: East Mills
  • Elementary School: East Mills
  • Middle School: East Mills Middle School
  • High School: East Mills
  • Elementary School: East Mills
  • High School: East Mills
  • Jr High: East Mills Middle School
  • School District: East Mills

Lot Info

  • Flood Insurance: Not Required
  • Lot Size: .33
  • Lot Size Range: Over 1/4 up to 1/2 Acre

Building Info

  • Construction: Frame
  • Year Built: 1946

Tax Info

  • Current REIDS Year Paid: N/A
  • Gross Taxes: 415.19
  • Net Taxes: 254.00
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Nov 18, 2021
Sold by
Kathleen Starr Dorothy
Bought by
Obermiller Robbie A and Obermiller Caroline
Seller's Agent
Lisa Carter
RE/MAX Real Estate Group-Malvern
Buyer's Agent
Lisa Carter
RE/MAX Real Estate Group-Malvern
List Price
$34,900
Sold Price
$25,000
Premium/Discount to List
-$9,900
-28.37%
Current Estimated Value
$82,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,633
Avg. Annual Appreciation
35.47%
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
Obermiller Robbie A $25,000 Midwest Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $25,000 -15.3% $38 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
09/20/2021 09/20/21 Price Changed $29,500 -15.5% $45 / Sq Ft
08/11/2021 08/11/21 For Sale $34,900 -- $53 / Sq Ft
Source: Southwest Iowa 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
2024 $654 $18,483 $11,040 $7,443
2023 $618 $40,326 $4,692 $35,634
2022 $598 $30,636 $4,692 $25,944
2021 $270 $30,636 $4,692 $25,944
2020 $270 $25,937 $4,692 $21,245
2019 $268 $24,763 $0 $0
2018 $526 $24,763 $0 $0
2017 $506 $24,008 $0 $0
2016 $304 $24,008 $0 $0
2015 $306 $24,008 $0 $0
2014 $316 $24,008 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Iowa Association of Realtors®

MLS Number: 21-1591

Southwest Iowa Association of Realtors®

APN: 084780000000000