NOT LISTED FOR SALE

502 Malone Ave Readlyn, IA 50668

Estimated Value: $211,000 - $243,000

4 Beds
1.5 Baths
1,892 Sq Ft
$122/Sq Ft Est. Value

Last Sold April 16, 2024

Last sale price $226,000 $119 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,512/month

25 Days on Market

Highlights

  • Living Room with Fireplace
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of April 2024

This one is an absolutely fantastic offering in Readlyn! This spacious 4 bedroom home is situated on a large corner lot on a quiet street on the edge of town and boasts many updates throughout. You'll love the bright and sunny kitchen with updated countertops and backsplash, high quality cabinetry, peninsula with seating, and dining area. The kitchen also has french doors that walk out to the large deck overlooking the beautifully landscaped backyard with a shed. Spacious living room featuring a gas fired fireplace, 2 large bedrooms, and an updated full bath complete the main level of this home. The lower level features 2 additional bedrooms, a family room which would be perfect for entertaining, and a laundry area with a restroom. The lower level also walks out to the attached 2 stall garage which has an additional 240 sq. ft. storage room off the back. Plus a steel roof that has the appearance of your normal shingles! So much to see and so much to love with this one!

Last Agent to Sell the Property

Joe Leehey

Fischels Residential Group License #S44699 Listed on: 01/30/2024

Fischels Residential Group

Co-Listed By

Brooke Leehey

Fischels Residential Group License #S69708000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,116

Year Built

  • Built in 1975

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x120

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,892 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Readlyn Elementary School
  • Wapsie Valley Middle School
  • Wapsie Valley High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1111331003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,116

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Parcel Number: 1111331003
  • Year Built: 1975
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Lot Size Acres: 0.28
  • Road Surface Type: Concrete
  • Co List Office Mls Id: NBR189
  • Co List Office Phone: 319-234-5000
  • Co List Office Phone: 319-234-5000
  • MLS Status: Closed
  • Reso Fireplace Features: Gas, Living Room
  • Reso Roof: Steel
  • TotalFinishedSquareFootage: 1892
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 800
  • BelowGradeArea: 1092

Exterior Features

  • Construction Type: Brk Accent, Vinyl Siding

Garage/Parking

  • Parking Features: 2 Stall, Attached Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Readlyn Elementary
  • High School: Wapsie Valley
  • Middle Or Junior School: Wapsie Valley

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 100x120
  • Lot Size Sq Ft: 12000
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 3116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Apr 16, 2024
Sold by
Koschmeder Douglas D and Koschmeder Sherri A
Bought by
Horst Mackenzie R
Seller's Agent
Joe Leehey
Fischels Residential Group
List Price
$229,900
Sold Price
$226,000
Premium/Discount to List
-$3,900
-1.7%
Views
86
Current Estimated Value
$229,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,904
Avg. Annual Appreciation
1.75%
Original Mortgage
$11,300
Outstanding Balance
$7,380
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$223,855
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
Horst Mackenzie R $226,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horst Mackenzie R $11,300
Open Horst Mackenzie R $217,300
Previous Owner Koschmeder Douglas D $27,100
Previous Owner Koschmeder Douglas D $114,400
Previous Owner Koschmeder Douglas D $41,692
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Sold $226,000 -1.7% $119 / Sq Ft
02/24/2024 02/24/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $229,900 -- $122 / Sq Ft
Source: Northeast Iowa Regional Board 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 $3,048 $204,750 $21,830 $182,920
2023 $3,116 $187,940 $19,400 $168,540
2022 $2,884 $173,080 $19,400 $153,680
2021 $2,870 $173,080 $19,400 $153,680
2020 $2,870 $162,200 $16,980 $145,220
2019 $2,666 $150,070 $0 $0
2018 $2,614 $150,070 $0 $0
2017 $2,614 $148,230 $0 $0
2016 $2,588 $148,230 $0 $0
2015 $2,588 $138,530 $0 $0
2014 $2,424 $138,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20240280

Northeast Iowa Regional Board of REALTORS®

APN: 11-11-331-003