$86,000
SOLD SEP 16, 2019

315 E 13th St Spencer, IA 51301

6 Beds
3 Baths
2,510 Sq Ft
1.98 Acres

Recently Sold

$34 Per Sq Ft

11% Below List Price

63 Days on Market

Highlights

  • 1 Car Detached Garage
  • Coin Laundry
  • Wood Siding

About This Home

As of June 2023

CALLING ALL INVESTORS! This 3-unit apartment is clean, organized and full of tenants. All you have to do is collect the rent and pay the utilities. Many updates include exterior paint, new front door and a few new interior doors. New roofing in 2018! Also, 2 obstructive trees have been removed. A common area in the basement offers coin-operated laundry. Landscaping, snow removal and mowing can be negotiated with tenants. For the owner of this building, it couldn't be easier to be a property manager. Lease and rent information provided upon request.

Last Agent to Sell the Property

Brenda Conyn

Naatjes Group | Bluewater Brokers License #S63503 Listed on: 06/14/2019

Last Buyer's Agent

Jill Longest

EXIT Realty Midwest License #S63323

EXIT Realty Midwest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,552

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 1.98 Acre Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Metal Roof
  • Wood Siding
  • Block Exterior
  • Stick Built Home

Interior Spaces

  • 2,510 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Range<<rangeHoodToken>>

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas

Community Details

  • Coin Laundry

Listing and Financial Details

  • Assessor Parcel Number 9636-07-251-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,552

Year Built

Built in 1920 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Type: Duplex
  • Year Built: 1920
  • Levels: Two
  • Stories: 2
  • Architectural Style: Other
  • Property Condition: Updated/Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Material: Concrete Block, Wood
  • Basement Style: Partial
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Price Per S Q F T: 34.26
  • Total Sq Ft: 2510
  • Above Grade Finished: 1008
  • Below Grade Finished: 1502
  • Finished Sq Ft: 2510
  • Basement Features: Finished-Partial

Exterior Features

  • Construction: Concrete Block, Stick Built
  • Construction Materials: Brick, Wood Siding
  • Flood Zone: Unknown
  • Roof: Metal, Rubber
  • Waterfront: No

Garage/Parking

  • Garage Type: Detached
  • Garage Size: 1
  • Garage Spaces: 1

Utilities

  • Cooling: Window
  • Fuel: Natural Gas
  • Heating: Boiler
  • Sewer: Public Sewer
  • Water Source: Public/City
  • Electric: Fuses

Association/Amenities

  • Community Features: Coin-op Laundry Own

Schools

  • School District: Spencer

Lot Info

  • Parcel Number: 9636-07-251-009
  • Estimated Acres: 0.28
  • Estimated Lot Dimensions: 12,212 SF
  • Lot Sq Ft: 86142

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 1552
  • Tax Classification: Non-Homestead
  • Tax Year: 2019

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 Type Sale Price Title Company
Warranty Deed $119,000 None Listed On Document
Warranty Deed $86,000 --
Warranty Deed $74,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,200 New Conventional
Previous Owner $68,800 New Conventional
Previous Owner $53,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $55,847 New Conventional
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: 190916

Iowa Great Lakes Board of REALTORS®

APN: 9636-07-251-009