$52,000
SOLD MAY 27, 2022

500 W South St Mount Ayr, IA 50854

2 Beds
1 Bath
896 Sq Ft
0.27 Acres

Recently Sold

$58 Per Sq Ft

5% Below List Price

3 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Living Room
  • Dining Room

About This Home

As of October 2024

Another opportunity for a, low risk high reward, investment just hit the market! Snatch this one up quick because it won't last long.

Last Agent to Sell the Property

Cass Hosfield

South Central Iowa Realty License #*** Listed on: 05/02/2022

South Central Iowa Realty

Last Buyer's Agent

Jennifer Mercer

South Central Iowa Realty License #***

South Central Iowa Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $413

Year Built

  • Built in 1940

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 116x83

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 896 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$413

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: LOT 476 (EX N 70' W 84') O P
  • Municipality: Mount Ayr
  • Year Built: 1940
  • OFFICELIST_ADDRESS: 500 W South Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2022-05-02
  • List Office I D: 172
  • Sales Office I D: 172
  • Selling Agent: 4741
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Street
  • Building Style: Ranch
  • Bedroom 1 Level: Main
  • Special Features: None

Interior Features

  • Common Walls: No
  • Bedrooms: 2
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: No
  • Bedroom 4: No
  • Total Bathrooms: 1
  • Basement: Partial
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Price Per S Q F T: 58.04
  • Above Grade Finished Sq Ft: 896
  • Fireplace: No
  • Room Types: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Kitchen, Living Room
  • Bedroom 2 Level: Main
  • Dining Room Level: Main
  • Family Room Level: Main
  • Living Room Level: Main

Exterior Features

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Vinyl

Garage/Parking

  • Description: Detached Garage, Driveway - Gravel
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 1
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Condo/Co-op/Association

  • Association Fee YN: No

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Mount Ayr
  • School District Number: 4527
  • School District Phone: 641-464-0500

Lot Info

  • New Develop: No
  • Acres: 0.27
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 116x83
  • Lot Size Sq Ft: 11892
  • Lot Size Units: Acres

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Tax Info

  • Tax With Assessments: 413.11
  • Tax Year: 2021
  • Gross Taxes: 413

MLS Schools

  • School District: 4527 - Mount Ayr
  • School District Name: Mount Ayr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Oct 7, 2024
Sold by
Complete Properties Llc
Bought by
Scarpello Daniel L
Seller's Agent
Wanda Hosfield
South Central Iowa Realty
Buyer's Agent
Jennifer Mercer
South Central Iowa Realty
List Price
$72,500
Sold Price
$68,000
Premium/Discount to List
-$4,500
-6.21%
Views
115
Current Estimated Value
$67,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$674
Avg. Annual Appreciation
-1.09%
Original Mortgage
$68,502
Outstanding Balance
$67,761
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
-$435

Purchase Details

Listed on
May 2, 2022
Closed on
May 27, 2022
Sold by
Triggs and Keelyn
Bought by
Complete Properties Llc
Seller's Agent
Cass Hosfield
South Central Iowa Realty
Buyer's Agent
Jennifer Mercer
South Central Iowa Realty
List Price
$55,000
Sold Price
$52,000
Premium/Discount to List
-$3,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.77%
Original Mortgage
$52,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2020
Sold by
Still Doug E and Still Gina
Bought by
Triggs Tyler and Swanson Keelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2008
Sold by
Burchett Duane Edward and Burchett Margie Sue
Bought by
Still Doug E
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $68,500 None Listed On Document
Warranty Deed -- Nielsen Todd G
Warranty Deed -- None Listed On Document
Warranty Deed $25,000 James L Pedersen Pc
Warranty Deed $15,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $68,502 New Conventional
Previous Owner $52,000 New Conventional
Previous Owner $52,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2024 10/21/24 Sold $68,000 0.0% $76 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/06/2024 08/06/24 Price Changed $68,000 -6.2% $76 / Sq Ft
06/26/2024 06/26/24 For Sale $72,500 0.0% $81 / Sq Ft
04/20/2024 04/20/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $72,500 +39.4% $81 / Sq Ft
05/27/2022 05/27/22 Sold $52,000 -5.5% $58 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $55,000 -- $61 / Sq Ft
Source: NoCoast MLS

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 $1,116 $55,864 $12,928 $42,936
2023 $1,032 $52,564 $9,628 $42,936
2022 $260 $46,726 $9,628 $37,098
2021 $260 $21,013 $9,628 $11,385
2020 $410 $19,230 $7,400 $11,830
2019 $508 $19,230 $7,400 $11,830
2018 $474 $19,230 $7,400 $11,830
2017 $466 $19,230 $7,400 $11,830
2016 $452 $0 $0 $0
2015 $450 $18,320 $0 $0
2014 $450 $18,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6188946

NoCoast MLS

APN: 0061311