NOT LISTED FOR SALE

501 E Washington St Montezuma, IA 50171

Estimated Value: $205,827

1 Bed
2 Baths
960 Sq Ft
$214/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2025

Last sale price $200,000 $208 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,273 / mo

About This Home

Welcome to 501 E Washington St, where the perfect blend of commercial and residential zoning offers unique versatility! This 960 sq. ft. property is ideal for those dreaming of a shop with living quarters or a stylish home office. With 1 bedroom, 1.5 baths, and a flexible open layout on the main level, this space can easily accommodate a thriving business or cozy personal residence. The layout invites creativity - imagine a boutique storefront, artist studio, or private practice right where you live! Located in a bustling area with high visibility, this property is a rare gem for entrepreneurs, remote workers, or anyone looking to combine work and life in a single space. Embrace the convenience and potential of 501 E Washington today! All information obtained from Seller and public records.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Jan 28, 2025
Sold by
Thompson Real Estate Llc
Bought by
Meldrem Tanner
Seller's Agent
Steve Widmer
RE/MAX Precision
Buyer's Agent
Steve Widmer
RE/MAX Precision
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%
Views
7
Current Estimated Value
$205,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,827
Avg. Annual Appreciation
2.29%
Original Mortgage
$180,000
Outstanding Balance
$178,728
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$27,099

Purchase Details

Closed on
Oct 13, 2022
Sold by
Wilcox All-Pro Inc
Bought by
Thompson Real Estate Llc

Purchase Details

Listed on
Jul 11, 2021
Closed on
Aug 26, 2021
Sold by
Johnston Alexander W
Bought by
Wilcox All Pro Inc
Seller's Agent
Steve Widmer
RE/MAX Precision
Buyer's Agent
Steve Widmer
RE/MAX Precision
List Price
$125,000
Sold Price
$153,000
Premium/Discount to List
$28,000
22.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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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
Meldrem Tanner $200,000 None Listed On Document
Thompson Real Estate Llc -- --
Wilcox All Pro Inc -- None Listed On Document
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 Meldrem Tanner $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2025 01/31/25 Sold $200,000 -7.0% $208 / Sq Ft View Prior Sale
12/20/2024 12/20/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $215,000 +40.5% $224 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/26/2021 08/26/21 Sold $153,000 +22.4% $159 / Sq Ft View Prior Sale
07/11/2021 07/11/21 For Sale $125,000 -- $130 / Sq Ft

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 $1,910 $179,180 $10,450 $168,730
2024 $2,020 $130,300 $9,500 $120,800
2023 $2,012 $130,300 $9,500 $120,800
2022 $1,778 $107,480 $11,410 $96,070
2021 $1,778 $100,130 $9,500 $90,630
2020 $1,672 $100,130 $9,500 $90,630
2019 $1,588 $97,170 $9,500 $87,670
2018 $1,564 $90,100 $9,500 $80,600
2017 $1,314 $90,100 $9,500 $80,600
2016 $1,410 $66,430 $9,500 $56,930
2015 -- $66,430 $9,500 $56,930
2014 -- $61,180 $9,410 $51,770
Source: Public Records

Agents Affiliated with this Home

  • Steve Widmer

    Seller's Agent in 2025

    Steve Widmer

    RE/MAX

    (515) 205-1266

    74 Total Sales

    Steve Widmer
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Map

Iowa Poweshiek County Montezuma 50171

501 E Washington St, Montezuma, IA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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