NOT LISTED FOR SALE

502 8th St Nevada, IA 50201

Estimated Value: $184,000 - $234,000

2 Beds
2 Baths
1,498 Sq Ft
$134/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $173,000 $115 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,363/month

32 Days on Market

Highlights

  • Living Room
  • Forced Air Heating and Cooling System
  • Family Room
  • Central Elementary School Rated A-
  • Dining Room

About This Home

As of November 2023

This home has so much character and so much to love about it! It offers 2 bedrooms and a full bathroom on the upper level. A main floor optional bedroom, main floor laundry, all updated appliances in the kitchen, formal dining, good sized living room and a 3/4 bath, and a screened in porch right off the kitchen. You will have an attached one car garage and storage shed. This property features a newer roof, all new windows, new blown in insulation, newer furnace, newer a/c and so much more! Come see it for yourself!

Last Agent to Sell the Property

Miranda Brockman

Re/Max Real Estate Center Listed on: 09/11/2023

Re/Max Real Estate Center

Last Buyer's Agent

Outside Agent-RLIT Outside Agent-RLIT

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,921

Year Built

  • Built in 1900

Lot Details

  • 8,276

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,498 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Stone Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Lot Dimensions are 60 x 140
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,921

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Legal Description: ORIGINAL TOWN (NEVADA) BLOCK: 43 LOT: 9 NEVADA
  • Municipality: Nevada
  • Year Built: 1900
  • OFFICELIST_ADDRESS: 502 8th Street
  • Distribute To Internet: Yes
  • List Office I D: 527
  • Sales Office I D: 2791
  • Selling Agent: 5068
  • Street Designation: Street
  • Building Style: 2 Story
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area Units: Square Feet
  • Bedrooms: 2
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: (4th) Bedroom
  • Total Bathrooms: 2
  • Basement: Stone
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Living Room: Living Room
  • Price Per S Q F T: 115.49
  • Above Grade Finished Sq Ft: 1498
  • Total Finished Sq Ft: 1498
  • Three Quarter Bathrooms: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Description: Driveway - Concrete
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 1
  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Water: City Water - In Street

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Geo Update Timestamp: 2023-09-11
  • Assessment Pending: No
  • Homestead Description: None
  • Lot Dimensions: 60 x 140
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Gross Taxes: 2921
  • Net Taxes: 2922

MLS Schools

  • School District: 4617 - Nevada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2023
Closed on
Nov 21, 2023
Sold by
Netza Michael and Netza Oliver
Bought by
Lesan Morgan
Seller's Agent
Miranda Brockman
Re/Max Real Estate Center
Buyer's Agent
Outside Agent-RLIT Outside Agent-RLIT
Outside Office
List Price
$179,900
Sold Price
$173,000
Premium/Discount to List
-$6,900
-3.84%
Views
258
Current Estimated Value
$201,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,239
Avg. Annual Appreciation
10.18%
Original Mortgage
$138,400
Outstanding Balance
$136,720
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$64,519

Purchase Details

Listed on
Apr 20, 2016
Closed on
Feb 22, 2017
Sold by
Fannie Mae
Bought by
Netza Michael and Netza Ludovica
Seller's Agent
Linda Fisher
RE/MAX REAL ESTATE CENTER
Buyer's Agent
Marci Ferguson
RE/MAX REAL ESTATE CENTER
List Price
$114,000
Sold Price
$79,000
Premium/Discount to List
-$35,000
-30.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%

Purchase Details

Closed on
Feb 11, 2016
Sold by
Hinderaker Bernard Dean
Bought by
Federal National Mortgage Association
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 Buyer Sale Price Title Company
Lesan Morgan $173,000 None Listed On Document
Netza Michael -- None Available
Federal National Mortgage Association $171,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lesan Morgan $138,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2023 11/29/23 Sold $173,000 -3.8% $115 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $179,900 +127.7% $120 / Sq Ft
02/28/2017 02/28/17 Sold $79,000 -30.7% $53 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
04/20/2016 04/20/16 For Sale $114,000 -- $76 / 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 $2,904 $179,400 $39,000 $140,400
2023 $2,950 $179,400 $39,000 $140,400
2022 $2,922 $149,900 $39,000 $110,900
2021 $2,944 $149,900 $39,000 $110,900
2020 $2,860 $142,500 $37,500 $105,000
2019 $2,860 $142,500 $37,500 $105,000
2018 $2,876 $133,900 $37,500 $96,400
2017 $2,876 $133,900 $37,500 $96,400
2016 $2,350 $121,900 $30,000 $91,900
2015 $2,350 $121,900 $30,000 $91,900
2014 $2,254 $115,800 $30,000 $85,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6311299

NoCoast MLS

APN: 11-07-265-500