NOT LISTED FOR SALE

Estimated Value: $186,000 - $204,965

5 Beds
1.5 Baths
1,826 Sq Ft
$107/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $150,000 $82 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,276/month

5 Days on Market

Highlights

  • Fireplace in Kitchen
  • Ranch Style House
  • Eat-In Kitchen
  • Deck
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of May 2021

This home is located at 502 1st St, Washburn, IA 50702 since 31 March 2021 and is currently estimated at $195,741, approximately $107 per square foot. This property was built in 1955. 502 1st St is a home located in Black Hawk County with nearby schools including Orange Elementary School, Hoover Middle School, and West High School.

Last Agent to Sell the Property

Sarah Nyland

WATERBECK REAL ESTATE Listed on: 03/31/2021

Last Buyer's Agent

Sarah Nyland

WATERBECK REAL ESTATE Listed on: 03/31/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,839

Year Built

  • 1955

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 170 x 70
  • Fenced

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Free Standing Fireplace
  • Electric Fireplace
  • Family Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,839

Year Built

1955

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2730
  • Above Grade Finished Sq Ft: 1224
  • Total Bathrooms: 1.10
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Washburn
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 1839
  • List User Cell Phone: 319-504-3749
  • Low Lvl Fin Sq Ft: 602
  • Miscellaneous: Deck, Fencing, Patio
  • Net Tax: 1712
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00334
  • Ratio Close Price By Original Li: 1.00334
  • Ratio Current Price By Sq Ft: 122.55
  • Total Sq Ft: 1826
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Appliances Included: Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer
  • Additional Room: 1st Floor Family
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Electric, Free Standing, Kitchen
  • Level 1 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars
  • Garage Size: 24X24

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Orange
  • Middle School: Hoover
  • High School: West

Lot Info

  • Lot Size: 170 X 70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
May 20, 2021
Sold by
Mcdonald Vickie and Tedore Jeff
Bought by
Watson Bruce L
Seller's Agent
Sarah Nyland
WATERBECK REAL ESTATE
Buyer's Agent
Sarah Nyland
WATERBECK REAL ESTATE
List Price
$149,500
Sold Price
$150,000
Premium/Discount to List
$500
0.33%
Total Days on Market
5
Current Estimated Value
$204,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,576
Avg. Annual Appreciation
8.14%
Original Mortgage
$153,450
Outstanding Balance
$141,624
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$68,388
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Watson Bruce L $150,000 Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Bruce L $153,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $150,000 +0.3% $82 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $149,500 -- $82 / Sq Ft
Source: Cedar Rapids Area Association 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 $2,034 $184,010 $17,810 $166,200
2023 $1,750 $184,010 $17,810 $166,200
2022 $1,818 $142,290 $17,810 $124,480
2021 $1,710 $136,400 $17,810 $118,590
2020 $1,712 $127,190 $14,840 $112,350
2019 $1,712 $127,190 $14,840 $112,350
2018 $1,760 $127,190 $14,840 $112,350
2017 $1,760 $127,190 $14,840 $112,350
2016 $1,770 $127,190 $14,840 $112,350
2015 $1,770 $127,190 $14,840 $112,350
2014 $1,702 $120,950 $14,840 $106,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2101875

Cedar Rapids Area Association of REALTORS®

APN: 8812-29-128-026