NOT LISTED FOR SALE

502 Eastern Ave Marengo, IA 52301

Estimated Value: $50,000 - $77,000

3 Beds
1 Bath
1,636 Sq Ft
$37/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $36,500 $22 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $397/month

32 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Laundry Room
  • Level Lot
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room

About This Home

As of July 2020

Searching for a fixer upper? Tired of renting? Here is an opportunity for home ownership! Or are you looking to expand your real estate portfolio with investment opportunities? Look no further! Situated on an oversized corner lot, just under half an acre!!! Main level features two bedrooms, full bathroom, and laundry room for your convienence. One upper-level large bedroom. Water heater new in 2018. Property is being sold AS-IS.

Last Agent to Sell the Property

Lexi Belland Perez

Lepic-Kroeger, REALTORS Listed on: 05/21/2020

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $817

Year Built

  • Built in 1870

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 132 x 132
  • Level Lot

Interior Spaces

  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Block Basement Construction
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Iowa Valley Elementary And Middle School
  • Iowa Valley High School

Utilities

  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 07318090710

Home Details

Home Type

Single Family

Est. Annual Taxes

$817

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1636
  • Homebuilder: unk
  • Owner Name L F Mi: Maddex
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Year Built: 1870
  • Tax Year Report: 2019
  • Directions: I-80 to exit 216, N. on M Ave. to Eastern Ave.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights
  • Basement Remarks: Block
  • Fireplace Type Location: None
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre, Level
  • Possession R: Negotiable, At Closing
  • Possible Finance R: Cash, Conventional
  • Remarks2: Searching for a fixer upper? Tired of renting? Here is an opportunity for home ownership! Or are you looking to expand your real estate portfolio with investment opportunities? Look no further! Situated on an oversized corner lot, just under half an acre!!! Main level features two bedrooms, full bathroom, and laundry room for your convienence. One upper-level large bedroom. Water heater new in 2018. Property is being sold AS-IS.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Upper: 1
  • Number Bedrooms Main: 2
  • Sq Ft Above: 818
  • Total Full Baths: 1
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 818
  • Laundry Location: Laundry Room, Main
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Window/Wall Units, Gas

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Iowa Valley
  • Middle School: Iowa Valley
  • High School: Iowa Valley
  • High School: Iowa Valley
  • Jr Middle School: Iowa Valley
  • Elementary School: Iowa Valley

Lot Info

  • Acreage: 0.4
  • Geo Subdivision: IA
  • Lot Dimensions: 132 x 132
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 642
  • Assessor Parcel Number: 07318090710

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Jul 14, 2020
Sold by
Maddex Larry J and Maddex Zoe M
Bought by
Sandersfeld Robert J
Seller's Agent
Lexi Belland Perez
Lepic-Kroeger, REALTORS
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$39,900
Sold Price
$36,500
Premium/Discount to List
-$3,400
-8.52%
Current Estimated Value
$60,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,985
Avg. Annual Appreciation
10.79%
Original Mortgage
$26,500
Outstanding Balance
$24,287
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$37,321
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
Sandersfeld Robert J $36,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandersfeld Robert J $26,500
Previous Owner Maddex Larry J $41,430
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $36,500 -8.5% $22 / Sq Ft
05/21/2020 05/21/20 For Sale $39,900 -- $24 / Sq Ft
Source: Iowa City 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 $817 $42,580 $21,010 $21,570
2023 $813 $42,580 $21,010 $21,570
2022 $695 $36,260 $17,390 $18,870
2021 $491 $36,260 $17,390 $18,870
2020 $470 $31,740 $15,940 $15,800
2019 $486 $31,740 $15,940 $15,800
2018 $444 $29,500 $14,490 $15,010
2017 $416 $29,500 $14,490 $15,010
2016 $434 $30,540 $14,490 $16,050
2015 $462 $30,540 $14,490 $16,050
2014 $446 $30,030 $14,490 $15,540
Source: Public Records

Agents Affiliated with this Home

  • Lexi Belland Perez

    Seller's Agent in 2020

    Lexi Belland Perez

    Lepic-Kroeger, REALTORS

    (319) 530-1055

    50 in this area

    481 Total Sales

    Lexi Belland Perez
    Section Image

  • N

    Buyer's Agent in 2020

    Nonmember NONMEMBER

    NONMEMBER

See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202003415

Iowa City Area Association of REALTORS®

APN: 73-18-0907-1

Iowa Iowa County Marengo 52301

502 Eastern Ave, Marengo, IA

This home is located at 502 Eastern Ave, Marengo, IA 52301 since 21 May 2020 and is currently estimated at $60,485, approximately $36 per square foot. This property was built in 1870. 502 Eastern Ave is a home located in Iowa County with nearby schools including Iowa Valley Elementary School and Iowa Valley Junior/Senior High School.

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.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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