$70,000
SOLD OCT 28, 2020

405 8th Ave SW Independence, IA 50644

2 Beds
1 Bath
884 Sq Ft
5,796 Sq Ft Lot

Recently Sold

$79 Per Sq Ft

7% Below List Price

4 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Enclosed Patio or Porch
  • Ceiling Fan
  • Storage Shed

About This Home

As of October 2020

MOVE-IN READY - This home has been very well maintained. Two main floor bedrooms with large room upstairs that can be used for storage or renovated. Three season porch on SW side perfect for relaxing or reading. Laundry located on the main floor. Nice size backyard with mature trees.

Last Agent to Sell the Property

larrykarsten Karsten

Ohl Iowa Realty, Inc License #B04962000 Listed on: 09/21/2020

Ohl Iowa Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,213

Year Built

  • Built in 1917

Lot Details

  • 5,796 Sq Ft Lot
  • Lot Dimensions are 46 x 126
  • Property is zoned R-2

Parking

  • No Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 884 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Interior Basement Entry
  • Crawl Space

Outdoor Features

  • Enclosed Patio or Porch
  • Storage Shed

Schools

  • Independence Elementary And Middle School
  • Independence High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1004187006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,213

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Parcel Number: 1004187006
  • Year Built: 1917
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor, Dryer Hookup-Ele, Washer Hookup
  • Lot Size Acres: 0.133
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: None
  • Co List Office Phone: 319-334-9258
  • MLS Status: Closed
  • Reso Fireplace Features: One, Living Room, Woodburning Fireplce
  • Reso Interior Features: Ceiling Fan/Light, Hardwood Floors
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 884
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dryer, Microwave, Free-Standing Range, Refrigerator, Washer, Gas Water Heater
  • Basement: Block, Crawl Space, Entrance-Inside, Partially Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 442

Exterior Features

  • Construction Type: Wood Siding
  • Exterior Features: Sidewalk, Porch-3 Season, Porch-Enclosed, Storage Shed

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Schools

  • Elementary School: Independence
  • High School: Independence
  • Middle Or Junior School: Independence

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 46 X 126
  • Lot Size Sq Ft: 5796
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1213

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Oct 28, 2020
Sold by
Rardin Vickie L
Bought by
Snc Investments Llc
Seller's Agent
larrykarsten Karsten
Ohl Iowa Realty, Inc
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%
Current Estimated Value
$102,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,638
Avg. Annual Appreciation
8.01%
Original Mortgage
$69,821
Outstanding Balance
$62,835
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$38,735

Purchase Details

Listed on
Nov 21, 2016
Closed on
Feb 23, 2017
Sold by
Robinson Robert B
Bought by
Rardin Vickie L
Seller's Agent
Steve Ohl
Ohl Iowa Realty, Inc
List Price
$59,500
Sold Price
$56,810
Premium/Discount to List
-$2,690
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%
Original Mortgage
$51,100
Interest Rate
4.19%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $70,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $69,821 Commercial
Previous Owner $51,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2020 10/28/20 Sold $70,000 -6.7% $79 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $75,000 +32.0% $85 / Sq Ft
02/24/2017 02/24/17 Sold $56,810 -4.5% $64 / Sq Ft
01/09/2017 01/09/17 Pending -- -- --
11/21/2016 11/21/16 For Sale $59,500 -- $67 / Sq Ft
Source: Northeast Iowa Regional 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 $1,570 $71,100 $9,660 $61,440
2023 $1,576 $71,100 $9,660 $61,440
2022 $1,429 $58,740 $7,670 $51,070
2021 $1,026 $58,740 $7,670 $51,070
2020 $1,026 $53,750 $6,970 $46,780
2019 $970 $53,750 $6,970 $46,780
2018 $926 $50,660 $6,970 $43,690
2017 $1,154 $50,660 $6,970 $43,690
2016 $1,138 $51,600 $4,150 $47,450
2015 $1,138 $51,600 $4,150 $47,450
2014 $1,160 $51,600 $4,150 $47,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20204807

Northeast Iowa Regional Board of REALTORS®

APN: 10.04.187.006