NOT LISTED FOR SALE

315 E 13th St Spencer, IA 51301

Estimated Value: $104,000 - $156,000

6 Beds
3 Baths
1,502 Sq Ft
$83/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $119,000 $79 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $820/month

11 Days on Market

About This Home

As of June 2023

Great Investment Opportunity. Three levels Main Floor has three bedrooms, Upper Level two bedrooms, basement one bedroom. Upper Level is currently under constructions mostly just needs flooring and trim. Seller does not have the time to complete it so it will be up to the new buyers to finish. Main level & basement are currently being rented out on a month to month lease. There is plenty of parking in the back which connects to an alley.

Last Agent to Sell the Property

Katie Muhlbauer

Integrity Real Estate License #S65172 Listed on: 05/18/2023

Last Buyer's Agent

Bridget Johnson

NextHome at the Lakes License #S67411

NextHome at the Lakes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,742

Year Built

  • Built in 1920

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 86 x 142

Parking

  • 1 Car Detached Garage
  • 8 Off-Street Spaces

Home Design

  • Triplex
  • Block Exterior

Interior Spaces

  • 1,502 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 3 Bathrooms

Utilities

  • Boiler Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 9636-07-251-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,742

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Class: MULTIFAMILY
  • Property Attached: No
  • Type: Triplex
  • Year Built: 1920
  • Levels: Three Or More
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Main Floor Bedrooms
  • Total Bedrooms: 6
  • Total Bathrooms: 3
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Total Sq Ft: 2510
  • Above Grade Finished: 1502
  • Below Grade Finished: 1008
  • Fireplace: No
  • Basement Features: Finished-Full

Exterior Features

  • Construction: Concrete Block
  • Construction Materials: Block
  • Flood Zone: Unknown
  • Road Frontage Type: City Street
  • Roof: Rubber
  • Waterfront: No

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1
  • Number Off Street Parking: 8

Utilities

  • Fuel: Other
  • Heating: Boiler
  • Sewer: Public Sewer
  • Water Source: Public/City

Schools

  • School District: Spencer

Lot Info

  • Additional Assessor Parcel Numbers: No
  • Parcel Number: 9636-07-251-009
  • Estimated Acres: 0.28
  • Estimated Lot Dimensions: 86 x 142
  • Lot Sq Ft: 12212
  • Number Of Lots: 1

Rental Info

  • Furnished: No

Multi Family

  • Number Of Units: 3

Tax Info

  • Tax Amount: 1742
  • Tax Classification: Homestead
  • Tax Year: 2022

MLS Schools

  • School District: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 29, 2023
Sold by
480 Investment Llc
Bought by
Fuhrman Properties Llc
Seller's Agent
Katie Muhlbauer
Integrity Real Estate
Buyer's Agent
Bridget Johnson
NextHome at the Lakes
List Price
$124,900
Sold Price
$119,000
Premium/Discount to List
-$5,900
-4.72%
Views
69
Current Estimated Value
$124,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,389
Avg. Annual Appreciation
3.33%
Original Mortgage
$95,200
Outstanding Balance
$87,090
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$40,177

Purchase Details

Listed on
Jun 14, 2019
Closed on
Sep 16, 2019
Sold by
6Th Son Investments Llc
Bought by
480 Investments Llc
Seller's Agent
Brenda Conyn
Naatjes Group | Bluewater Brokers
Buyer's Agent
Jill Longest
EXIT Realty Midwest
List Price
$97,000
Sold Price
$86,000
Premium/Discount to List
-$11,000
-11.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%
Original Mortgage
$68,800
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2017
Sold by
Stevenson Gerald
Bought by
Smith Matthew Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,847
Interest Rate
3.94%
Mortgage Type
New Conventional
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
Fuhrman Properties Llc $119,000 None Listed On Document
480 Investments Llc $86,000 --
Smith Matthew Lee $74,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuhrman Properties Llc $95,200
Previous Owner 480 Investments Llc $68,800
Previous Owner 6Th Son Investments Llc $53,000
Previous Owner Smith Matthew Lee $55,847
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $119,000 -4.7% $79 / Sq Ft
05/29/2023 05/29/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $124,900 +45.2% $83 / Sq Ft
09/16/2019 09/16/19 Sold $86,000 -11.3% $34 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $97,000 -- $39 / Sq Ft
Source: Iowa Great Lakes 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 $1,594 $121,720 $18,920 $102,800
2023 $1,594 $103,120 $15,140 $87,980
2022 $1,742 $86,480 $15,140 $71,340
2021 $1,756 $82,740 $15,140 $67,600
2020 $1,756 $77,950 $15,140 $62,810
2019 $1,466 $60,660 $0 $0
2018 $1,552 $60,660 $0 $0
2017 $1,780 $64,910 $0 $0
2016 $1,888 $64,910 $0 $0
2015 $1,818 $60,030 $0 $0
2014 $1,818 $60,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 230463

Iowa Great Lakes Board of REALTORS®

APN: 9636-07-251-009