NOT LISTED FOR SALE

501 7th St SW Independence, IA 50644

Estimated Value: $164,000 - $343,000

4 Beds
3.5 Baths
2,324 Sq Ft
$108/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $289,000 $124 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,490/month

25 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • French Doors
  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2023

Looking for a brand new house with low low taxes, Look no further!! This home is new from top to bottom! Foundation, floors, walls, Plumbing, heating, cooling, electrical all new! Gorgeous design with lots of thought to detail! Open concept main floor with large kitchen with a bar that seats up to 8! Main floor master suite with 2 closets and master bath with double vanities, tub/shower combo with tile detail. Main floor laundry and 1/2 bath on main floor as well! Upstairs features 2 bedrooms and full bathroom! Lower level offers large family room and 4th bedroom both with egress windows and gorgeous 3/4 bath! Tons of storage throughout! This home is much bigger than it appears! Less than $125 a square foot! This home is a must see! The craftsmanship is spectacular!

Last Agent to Sell the Property

Kari Kremer

Berkshire Hathaway Home Services One Realty Centre License #B40559000 Listed on: 08/28/2023

Berkshire Hathaway Home Services One Realty Centre

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $536

Year Built

  • Built in 2021

Lot Details

  • 8,769 Sq Ft Lot
  • Lot Dimensions are 66x132 3x19x36
  • Fenced
  • Corner Lot
  • Property is zoned R-2

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,324 Sq Ft Home
  • Ceiling Fan
  • French Doors
  • Partially Finished Basement
  • Sump Pump
  • Fire and Smoke Detector
  • Disposal
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck

Schools

  • Independence Elementary And Middle School
  • Independence High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener Leased

Listing and Financial Details

  • Assessor Parcel Number 1004409007

Home Details

Home Type

Single Family

Est. Annual Taxes

$536

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Parcel Number: 1004409007
  • Year Built: 2021
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor
  • ResoLotFeatures: Corner Lot
  • Lot Size Acres: 0.201
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-233-7000
  • MLS Status: Closed
  • Architectural Style: Colonial, Contemporary
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan(s), French Doors
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 2324
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Disposal, Sump Pump, Gas Water Heater, Water Softener Rented
  • Basement: Block, Partially Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 736
  • BelowGradeArea: 1012

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Sidewalk, Deck, Fenced Yard

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

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

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 66x132 3x19x36
  • Lot Size Sq Ft: 8769
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 536.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2013
Sold by
Hazleton Russell W and Hazleton Lisa M
Bought by
Matteson Steven M
Current Estimated Value
$250,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
3.5%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Matteson Steven M $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherrets Steven R $233,000
Closed Matteson Steven M $40,500
Closed Matteson Steven M $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $289,000 0.0% $124 / Sq Ft
08/28/2023 08/28/23 For Sale $289,000 -- $124 / 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 $1,492 $200,630 $20,750 $179,880
2023 $552 $76,730 $20,750 $55,980
2022 $536 $25,470 $16,470 $9,000
2021 $1,852 $25,470 $16,470 $9,000
2020 $1,852 $81,460 $15,090 $66,370
2019 $1,909 $81,460 $15,090 $66,370
2018 $1,744 $78,980 $15,090 $63,890
2017 $1,590 $78,980 $15,090 $63,890
2016 $1,566 $71,050 $8,160 $62,890
2015 $1,566 $71,050 $8,160 $62,890
2014 $1,598 $71,050 $8,160 $62,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20233666

Northeast Iowa Regional Board of REALTORS®

APN: 10.04.409.007