NOT LISTED FOR SALE

503 16th Ave NE Independence, IA 50644

Estimated Value: $392,000 - $429,000

4 Beds
3 Baths
3,142 Sq Ft
$131/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $295,000 $94 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,779/month

28 Days on Market

Highlights

  • Home Theater
  • Cathedral Ceiling
  • 3 Car Attached Garage
  • Contemporary Architecture
  • Screened Porch
  • Forced Air Heating and Cooling System

About This Home

As of June 2019

Let's take a look at this custom built ranch home filled with details and accents such as a well designed maple kitchen with quartz counter tops and eating bar, hardwood floors, an arched opening that leads from the dining area into the living room, which has a cathedral ceiling and open staircase to the finished lower level. The lower level finish includes a theater room, rec room with gas fireplace and a full bath. The 1st floor laundry has plenty of storage space for coats as well the kids shoes, boots, and book bags. The house also includes specialty ceilings, sound system, interior and exterior accent lighting. Enjoy the summer evenings in the screened porch overlooking the backyard. Between the 3 stall attached heated garage with work shop area and the garden shed you should have plenty of room for the cars and toys. There is also enough concrete along side the garage to park your boat or camper!

Last Agent to Sell the Property

Steve Ohl

Ohl Iowa Realty, Inc License #CR01745 / B18657000 Listed on: 04/22/2019

Ohl Iowa Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,278

Year Built

  • Built in 2007

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 130 x 131
  • Property is zoned R-2

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,142 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Home Theater
  • Screened Porch
  • Laundry on main level
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Storage Shed

Schools

  • Independence Elementary And Middle School
  • Independence High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 0635335007

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,278

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Parcel Number: 0635335007
  • Year Built: 2007
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor
  • Lot Size Acres: 0.391
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-334-9258
  • MLS Status: Closed
  • Architectural Style: Contemporary
  • Reso Fireplace Features: One, Gas
  • Reso Interior Features: Cathedral Ceiling(s), Home Theater, Stereo Surround System
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 3142
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Concrete, Finished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1400
  • BelowGradeArea: 1742

Exterior Features

  • Construction Type: Brk Accent, Vinyl Siding
  • Exterior Features: Porch Screened, Storage Shed

Garage/Parking

  • Parking Features: 3 or More Stalls, Attached Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Schools

  • Elementary School: Independence
  • High School: Independence
  • Middle Or Junior School: Independence

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 130 X 131
  • Lot Size Sq Ft: 17030
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 6278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2017
Closed on
Apr 27, 2017
Sold by
Weber Joseph F and Weber Kelly J
Bought by
Wessels Timothy A and Wessels Elisabeth R
Seller's Agent
Chery O'Conner
RE/MAX Independence Realty
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%
Current Estimated Value
$412,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,843
Avg. Annual Appreciation
4.46%
Original Mortgage
$270,750
Outstanding Balance
$225,409
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$187,434

Purchase Details

Closed on
Jul 10, 2007
Sold by
Greenley Development Co
Bought by
Weber Joseph F and Weber Kelly J
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
Wessels Timothy A $285,000 None Available
Weber Joseph F $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wessels Timothy A $270,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2019 06/27/19 Sold $295,000 -1.6% $94 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $299,900 +5.2% $95 / Sq Ft
04/28/2017 04/28/17 Sold $285,000 -5.0% $90 / Sq Ft View Prior Sale
03/05/2017 03/05/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $299,900 -- $95 / 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
2025 $7,162 $430,750 $51,960 $378,790
2024 $7,162 $376,180 $46,400 $329,780
2023 $6,942 $376,180 $46,400 $329,780
2022 $6,146 $304,370 $36,820 $267,550
2021 $6,374 $304,370 $36,820 $267,550
2020 $6,374 $292,290 $33,480 $258,810
2019 $6,352 $292,290 $33,480 $258,810
2018 $6,086 $284,370 $33,480 $250,890
2017 $6,202 $284,370 $33,480 $250,890
2016 $6,106 $285,710 $31,870 $253,840
2015 $6,106 $285,710 $31,870 $253,840
2014 $5,318 $245,290 $31,870 $213,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20191944

Northeast Iowa Regional Board of REALTORS®

APN: 06.35.335.007