NOT LISTED FOR SALE

502 Grove St NW Shellsburg, IA 52332

Estimated Value: $150,000 - $170,000

2 Beds
1.5 Baths
1,744 Sq Ft
$92/Sq Ft Est. Value

Last Sold February 05, 2013

Last sale price $83,000 $48 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,041/month

42 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Eat-In Kitchen
  • Recreation Room
  • 2 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of February 2013

This ranch has an open plan on the first level with large living room, two generously sized bedrooms, main bath and kitchen. The lower level is mostly finished with woodburning fireplace in the lower level family room. The larger two-car garage has lots of room. Nice deck for the those summer months. This is a great buy in one of Iowa's proudest small towns! Quick closing possible for qualified buyer. Agents, please read agent remarks prior to writing offer. THIS PROPERTY IS LENDER OWNED. NO REPRESENTATIONS OR WARRANTIES ARE MADE. THIS IS BEING SOLD IN AS IS CONDITION.

Last Agent to Sell the Property

Nancy Stevens

IOWA REALTY Listed on: 11/19/2012

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,715

Year Built

  • 1974

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60x126

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • Family Room with Fireplace
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,715

Year Built

1974

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1900
  • Above Grade Finished Sq Ft: 944
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Shellsburg
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1715
  • List User Cell Phone: 319-573-1260
  • Low Lvl Fin Sq Ft: 800
  • Miscellaneous: Deck
  • Net Tax: 1580
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00242
  • Ratio Close Price By Original Li: 1.00242
  • Ratio Current Price By Sq Ft: 87.92
  • Total Sq Ft: 1744
  • Taxable Value Tv: 93700.00
  • Tax Roll Number: 19010550
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Appliances Included: Water Heater – Gas
  • Additional Room: Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Family Room
  • Lower Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 480

Utilities

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

Schools

  • Elementary School: Shellsburg
  • Middle School: Vinton/Shellsburg
  • High School: Vinton/Shellsburg

Lot Info

  • Lot Size: 60X126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2012
Closed on
Jan 28, 2013
Sold by
U S Bank N A
Bought by
Serbousek Mitchell D
Seller's Agent
Nancy Stevens
IOWA REALTY
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$82,800
Sold Price
$83,000
Premium/Discount to List
$200
0.24%
Current Estimated Value
$160,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,350
Avg. Annual Appreciation
5.24%
Original Mortgage
$70,550
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 15, 2012
Sold by
Woods Amy Nicole and Huff Amy Nicole
Bought by
Us Bank Na

Purchase Details

Closed on
May 5, 2008
Sold by
Mott Christopher J and Mott Lori
Bought by
Huff Amy N and Woods Heath E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,520
Interest Rate
5.88%
Mortgage Type
New Conventional
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
Serbousek Mitchell D $83,000 None Available
Us Bank Na $67,000 None Available
Huff Amy N $116,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serbousek Mitchell D $76,125
Closed Serbousek Mitchell D $70,550
Previous Owner Huff Amy N $112,520
Previous Owner Mott Christopher J $23,717
Previous Owner Mott Christopher J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2013 02/05/13 Sold $83,000 +0.2% $48 / Sq Ft
12/31/2012 12/31/12 Pending -- -- --
11/19/2012 11/19/12 For Sale $82,800 -- $47 / 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 $2,000 $126,000 $16,000 $110,000
2023 $1,886 $126,000 $16,000 $110,000
2022 $1,860 $103,700 $12,800 $90,900
2021 $1,860 $103,700 $12,800 $90,900
2020 $1,496 $84,100 $12,200 $71,900
2019 $1,644 $84,100 $12,200 $71,900
2018 $1,580 $91,400 $10,700 $80,700
2017 $1,594 $91,400 $10,700 $80,700
2016 $1,558 $87,900 $10,300 $77,600
2015 $1,558 $87,900 $10,300 $77,600
2014 $1,644 $92,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1208121

Cedar Rapids Area Association of REALTORS®

APN: 19010550