NOT LISTED FOR SALE

503 E Jefferson Ave Fairfield, IA 52556

Estimated Value: $181,000 - $215,212

3 Beds
2 Baths
1,882 Sq Ft
$106/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $136,000 $72 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,092/month

129 Days on Market

Highlights

  • Main Floor Bedroom
  • 1 Car Detached Garage
  • Living Room
  • No HOA
  • Concrete Block With Brick
  • Forced Air Heating and Cooling System

About This Home

As of October 2022

This single family residence offers TWO houses consisting of the main 2 bedroom, 1 bath home plus a converted garage with lovely space above making it ideal for a family who needs a mother-in-law or teenage suite, a workshop, home office or creative space. The lower level has a 1 stall garage & an adjacent marble tiled room with multiple use possibilities. The upstairs area has a full bath, an open kitchen, dining & living area with a loft. Loaded with light, cross-breezes & charm with bamboo floors, skylights & Mexican tile. This 2 story garage was built in 2003 & is 956 sq. ft.. The other main house has 2 bedrooms, 1 bath, kitchen, living room & an enclosed porch. Hardwood floors, a skylight & fireplace make for a cozy environment. The property has east & north entrances nestled under big oak trees with lots of silence & charm. Zoned as a single family residence & CANNOT be used for 2 families or rented separately. Located on a quiet cul-de-sac through an alley off 503 E. Adams.

Last Agent to Sell the Property

Joanne Terrien

Village Realty Listed on: 05/22/2022

Co-Listed By

Michaela Mclain

Village Realty

Last Buyer's Agent

Joanne Terrien

Village Realty Listed on: 05/22/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,232

Year Built

  • Built in 1913

Lot Details

  • 0.26

Home Design

  • Concrete Block With Brick
  • Wood Siding

Interior Spaces

  • 1,882 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • 3 Open Parking Spaces
  • Gravel Driveway

Additional Features

  • 0.26 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,232

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: CENT PT 65
  • Municipality: Fairfield
  • Year Built: 1913
  • OFFICELIST_ADDRESS: 503 E Jefferson
  • Co Selling Office I D: 735
  • Distribute To Internet: Yes
  • InternetOptions: Fiber Optic
  • Listing Entry Date Time: 2022-05-31
  • List Office I D: 735
  • Sales Office I D: 735
  • Selling Agent: 2188
  • Building Style: Other (see remarks)
  • Bedroom 1 Level: Main
  • Special Features: None

Interior Features

  • Common Walls: No
  • Fireplaces: 1
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: No
  • Total Bathrooms: 2
  • Basement: Concrete Block
  • Dining Room: No
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Price Per S Q F T: 72.26
  • Above Grade Finished Sq Ft: 1882
  • Below Grade Total Sq Ft: 1882
  • Fireplace Chars: Living Room, Wood Burning
  • Fireplace: Yes
  • Total Finished Sq Ft: 1882
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Upper
  • Family Room Level: Main
  • Living Room Level: Main

Exterior Features

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Wood
  • Outbuildings: Studio

Garage/Parking

  • Description: Detached Garage, Driveway - Gravel
  • Fuel: Natural Gas
  • Parking Open: 3

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 1
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Association/Amenities

  • Complex/Development/Subdivision: Centennial

Condo/Co-op/Association

  • Association Fee YN: No

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Fairfield
  • School District Number: 2169
  • School District Phone: 641-472-2655

Lot Info

  • New Develop: No
  • Acres: 0.26
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Description: Irregular Lot
  • Lot Dimensions: .26 acres
  • Lot Size Sq Ft: 11326
  • Lot Size Units: Acres

Green Features

  • Certification: No

Rental Info

  • Availability: Available
  • Rental License: No

Tax Info

  • Tax With Assessments: 3232
  • Tax Year: 2021
  • Gross Taxes: 3232

MLS Schools

  • School District: 2169 - Fairfield
  • School District Name: Fairfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2023
Sold by
East Jefferson Venture
Bought by
Mathes Teresa J
Current Estimated Value
$199,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Outstanding Balance
$136,510
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$63,293

Purchase Details

Listed on
Jan 2, 2014
Closed on
Apr 11, 2014
Sold by
Seranduc Kathryn
Bought by
Cohen Nadine
Seller's Agent
Christina Revolinski
Village Realty
Buyer's Agent
Christina Revolinski
Village Realty
List Price
$108,000
Sold Price
$110,000
Premium/Discount to List
$2,000
1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$100,000
Interest Rate
4.41%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Mathes Teresa J -- None Listed On Document
Cohen Nadine $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathes Teresa J $139,200
Previous Owner Cohen Nadine $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $136,000 -9.3% $72 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $150,000 0.0% $80 / Sq Ft
06/05/2022 06/05/22 Pending -- -- --
05/22/2022 05/22/22 For Sale $150,000 +36.4% $80 / Sq Ft
04/11/2014 04/11/14 Sold $110,000 +1.9% $93 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
01/02/2014 01/02/14 For Sale $108,000 -- $92 / 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 $35 $191,600 $13,000 $178,600
2023 $3,530 $191,600 $13,000 $178,600
2022 $3,206 $158,200 $13,000 $145,200
2021 $3,206 $158,200 $13,000 $145,200
2020 $3,198 $152,400 $13,000 $139,400
2019 $3,398 $150,300 $0 $0
2018 $3,258 $150,300 $0 $0
2017 $3,258 $133,700 $0 $0
2016 $2,940 $133,700 $0 $0
2015 $2,640 $116,700 $0 $0
2014 $2,640 $116,700 $0 $0
2013 $2,646 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joanne Terrien

    Seller's Agent in 2022

    Joanne Terrien

    Village Realty

    (641) 919-2776

    203 Total Sales

    Joanne Terrien
    Section Image
  • Michaela Mclain

    Seller Co-Listing Agent in 2022

    Michaela Mclain

    Village Realty

    (641) 472-9900

    208 Total Sales

    Michaela Mclain
    Section Image

  • C

    Seller's Agent in 2014

    Christina Revolinski

    Village Realty

    Section Image
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Map

Source: NoCoast MLS

MLS Number: NOC6200413

NoCoast MLS

APN: 06-25-453-029

Iowa Jefferson County Fairfield 52556

503 E Jefferson Ave, Fairfield, IA

This home is located at 503 E Jefferson Ave, Fairfield, IA 52556 since 22 May 2022 and is currently estimated at $199,803, approximately $106 per square foot. This property was built in 1913. 503 E Jefferson Ave is a home located in Jefferson County with nearby schools including Fairfield High School, Maharishi School, and Cornerstone Primary 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.

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Information is deemed reliable but not guaranteed.

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