NOT LISTED FOR SALE

315 E 1st St Spencer, IA 51301

Estimated Value: $87,000 - $105,274

3 Beds
1 Bath
1,046 Sq Ft
$91/Sq Ft Est. Value

Sale Details

Date Sold: October 14, 2022

Last sale price $96,500 $92 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $626 / mo

42 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Bungalow
  • Spencer Middle School Rated 9+
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of October 2022

Calling all first-time home buyers, house flippers and investment opportunists; this 1948 Bungalow is a prime venture! It's located on 315 E. 1st Street in Spencer, Iowa. This property has a bunch of those "little touches" that show a property was loved. The covered front porch and motorcycle shed were add-ons that add extra value! This home could easily be flipped or used as an income property. It has 2 beds (upstairs) plus 1 non-conforming bedroom in the basement. The house has 1 full bath and is being offered "As-Is". It was built in 1948 and has an oversized unattached single car garage with a separate walk-door, and the driveway is shared with 309 E. 1st Street. Don't miss out on this great opportunity; needs a little TLC, but has fantastic potential!

Last Agent to Sell the Property

Jen Schaben

Keller Williams Okoboji License #S68047 Listed on: 08/25/2022

Keller Williams Okoboji

Last Buyer's Agent

Megan Jewell

Integrity Real Estate License #S70312

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,146

Year Built

  • Built in 1948

Lot Details

  • 4,840 Sq Ft Lot
  • Lot Dimensions are 44' x 110'

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Bungalow
  • Asphalt Roof
  • Aluminum Siding
  • Stick Built Home

Interior Spaces

  • 1,046 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 963618205015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,146

Year Built

Built in 1948

Lot Details

4,840 Sq Ft Lot

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: No
  • Type: Single Family Residence
  • Year Built: 1948
  • Levels: One
  • Stories: 1
  • Architectural Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Garage Door Opener, Hardwood Floors, Main Floor Bedrooms
  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Price Per S Q F T: 92.26
  • Total Sq Ft: 1592
  • Above Grade Finished: 796
  • Fireplace: No
  • Finished Sq Ft: 1046
  • Basement Features: Finished-Partial

Exterior Features

  • Construction: Stick Built
  • Construction Materials: Aluminum Siding
  • Flood Zone: Unknown
  • Roof: Asphalt

Garage/Parking

  • Garage Type: Detached
  • Garage Size: 388 sq ft
  • Garage Spaces: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public/City

Lot Info

  • Parcel Number: 963618205015
  • Estimated Acres: 0.11
  • Estimated Lot Dimensions: 44' x 110'
  • Lot Sq Ft: 4840

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 1146
  • Tax Classification: Non-Homestead
  • Tax Year: 2021

MLS Schools

  • School District: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Oct 13, 2022
Sold by
Dole Jeff and Dole Ashley
Bought by
Lorenzen Jeremy and Lorenzen Jennifer
Seller's Agent
Jen Schaben
Keller Williams Okoboji
Buyer's Agent
Megan Jewell
Integrity Real Estate
List Price
$96,500
Sold Price
$96,500
Current Estimated Value
$95,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,431
Avg. Annual Appreciation
-0.41%
Original Mortgage
$97,474
Outstanding Balance
$93,545
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$1,524

Purchase Details

Closed on
Dec 26, 2017
Sold by
Rr Investments
Bought by
Woods Val and Woods Valerie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Lorenzen Jeremy $96,500 --
Woods Val $58,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Lorenzen Jeremy $97,474
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $96,500 0.0% $92 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $96,500 -- $92 / 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 $1,338 $87,640 $14,170 $73,470
2024 $1,338 $83,610 $10,930 $72,680
2023 $1,292 $83,610 $10,930 $72,680
2022 $1,146 $70,790 $10,930 $59,860
2021 $1,182 $64,110 $10,930 $53,180
2020 $1,182 $62,780 $9,310 $53,470
2019 $1,140 $62,170 $0 $0
2018 $1,124 $62,170 $0 $0
2017 $1,124 $59,820 $0 $0
2016 $958 $59,820 $0 $0
2015 $934 $58,500 $0 $0
2014 $934 $58,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 221006

Iowa Great Lakes Board of REALTORS®

APN: 9636-18-205-015

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