$285,000
SOLD FEB 7, 2025

503 N Washington St Lisbon, IA 52253

3 Beds
2 Baths
2,206 Sq Ft
0.25 Acres

Recently Sold

$129 Per Sq Ft

3% Below List Price

58 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Breakfast Bar
  • Loft
  • Formal Dining Room
  • Living Room

About This Home

As of February 2025

Prepare to be impressed! This 1911 home is the perfect blend of character & convenience w/ many of its original features still in tact while also boasting plenty of modern-day updates. Two porches welcome you into this charming home that offers original wide plank pine floors, tall windows, working pocket doors, & exquisite woodwork. The main floor features an updated farmhouse-style kitchen, a renovated bathroom w/ built-in laundry, a lovely family room w/ a gas fireplace & built-ins, a classic dining room, & a convenient den/office space. Upstairs are 3 spacious bedrooms, a wonderfully remodeled full bathroom, & beautiful bamboo flooring. The 2-car heated garage has a loft space that is finished (accounts for 258 SF of total SF) - perfect for a fitness room or studio/office! Plus, there's also a bonus 1-car garage. This property is a real gem!

Last Agent to Sell the Property

Molly Trimble

Lepic-Kroeger, REALTORS Listed on: 12/04/2024

Lepic-Kroeger, REALTORS

Co-Listed By

Rachel Barnes

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,780

Year Built

  • Built in 1911

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 70x74x148
  • Corner Lot
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 2,206 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Family Room Downstairs
  • Living Room
  • Formal Dining Room
  • Loft
  • Bonus Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Location

  • Property is near shops

Schools

  • Lisbon Elementary And Middle School
  • Lisbon High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Heater
  • Water Softener Leased
  • Internet Available
  • Cable TV Available

Community Details

  • Kruse's 1St Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17111-76006-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,780

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2206
  • Homebuilder: Unknown
  • Owner Name L F Mi: Palmer, Reed & Ann
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Remarks: There is no electricity to the 1-car garage/shed. Square footage is approximate. See complete list of updates in associated documents.
  • Year Built: 1911
  • Tax Year Report: 2023
  • Subdivision: Kruse's 1st
  • Directions: Business Hwy 30, north on Washington St
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • Amenities: Close to Shopping
  • Basement Remarks: Full, Unfinished
  • Fireplace Type Location: In Great/Family Room, Gas
  • Interior R: Bookcases, Cable Available
  • Kitchen Breakfast R: Breakfast Bar, Island
  • Lot Description R: Less than .5 Acre, Corner, Level
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Prepare to be impressed! This 1911 home is the perfect blend of character & convenience w/ many of its original features still in tact while also boasting plenty of modern-day updates. Two porches welcome you into this charming home that offers original wide plank pine floors, tall windows, working pocket doors, & exquisite woodwork. The main floor features an updated farmhouse-style kitchen, a renovated bathroom w/ built-in laundry, a lovely family room w/ a gas fireplace & built-ins, a classic dining room, & a convenient den/office space. Upstairs are 3 spacious bedrooms, a wonderfully remodeled full bathroom, & beautiful bamboo flooring. The 2-car heated garage has a loft space that is finished (accounts for 258 SF of total SF) - perfect for a fitness room or studio/office! Plus, there's also a bonus 1-car garage. This property is a real gem!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Upper: 3
  • Sq Ft Above: 2206
  • Total Full Baths: 2
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Family Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: 1st Floor, Main
  • Mstr Br Level: Upper
  • Mstr Br Width: 11
  • Number of Fireplaces: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck, Shed

Garage/Parking

  • Parking Spaces: 3 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, Water Softener (Rented), Water Heater
  • Heating Cooling: Ceiling Fans, Gas, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Lisbon
  • Middle School: Lisbon
  • High School: Lisbon
  • High School: Lisbon
  • Jr Middle School: Lisbon
  • Elementary School: Lisbon

Lot Info

  • Acreage: 0.25
  • Geo Subdivision: IA
  • Lot Dimensions: 70x74x148
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 4525
  • Assessor Parcel Number: 17111-76006-00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2024
Closed on
Feb 6, 2025
Sold by
Palmer Reed and Palmer Ann K
Bought by
Bright Gary R and Bright Nancy J
Seller's Agent
Molly Trimble
Lepic-Kroeger, REALTORS
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-3.39%
Views
36
Current Estimated Value
$286,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,181
Avg. Annual Appreciation
2.27%
Original Mortgage
$226,923
Outstanding Balance
$226,150
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$62,782

Purchase Details

Listed on
Jun 17, 2022
Closed on
Aug 11, 2022
Sold by
Thys Gregory J and Thys Amanda L
Bought by
Palmer Reed and Palmer Ann K
Seller's Agent
Molly Trimble
Lepic-Kroeger, REALTORS
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$249,900
Sold Price
$262,000
Premium/Discount to List
$12,100
4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.45%
Original Mortgage
$209,600
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 25, 2018
Closed on
Aug 26, 2018
Sold by
Dever Deborah J and Dever Timothy J
Bought by
Thys Gregory J and Thys Amanda L
Seller's Agent
Molly Jo Wolfe
COLDWELL BANKER LEE'S TOWN and COUNTRY
Buyer's Agent
Bob Blythe
COLDWELL BANKER LEE'S TOWN and COUNTRY
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$148,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2018
Sold by
Mcclyman Dessi C and Mcclyman Debra A
Bought by
Dever Timothy J and Dever Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,152
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 8, 2010
Sold by
Dever Deborah J and Dever Timothy J
Bought by
Dever Deborah J and Dever Timothy J

Purchase Details

Closed on
Sep 24, 2007
Sold by
Brayton William F and Brayton Sherry A
Bought by
Wieditz Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,068
Interest Rate
6.66%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $285,000 None Listed On Document
Warranty Deed $262,000 None Listed On Document
Warranty Deed $185,000 None Available
Warranty Deed $201,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $136,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $226,923 New Conventional
Previous Owner $209,600 New Conventional
Previous Owner $148,000 New Conventional
Previous Owner $198,152 Construction
Previous Owner $91,707 New Conventional
Previous Owner $92,100 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $96,600 New Conventional
Previous Owner $10,000 Credit Line Revolving
Previous Owner $111,068 Unknown
Previous Owner $26,276 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $285,000 -3.4% $129 / Sq Ft
12/04/2024 12/04/24 For Sale $295,000 +12.6% $134 / Sq Ft
08/15/2022 08/15/22 Sold $262,000 +4.8% $119 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $249,900 +35.1% $113 / Sq Ft
08/31/2018 08/31/18 Sold $185,000 -2.1% $95 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
07/30/2018 07/30/18 Price Changed $189,000 -3.1% $97 / Sq Ft
06/25/2018 06/25/18 For Sale $195,000 -- $100 / 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 $3,780 $261,300 $19,100 $242,200
2023 $3,780 $261,300 $19,100 $242,200
2022 $3,732 $194,300 $19,100 $175,200
2021 $3,724 $194,300 $19,100 $175,200
2020 $3,724 $173,200 $19,100 $154,100
2019 $3,492 $162,900 $19,100 $143,800
2018 $3,202 $162,900 $19,100 $143,800
2017 $3,202 $161,200 $19,100 $142,100
2016 $3,415 $161,200 $19,100 $142,100
2015 $3,459 $161,200 $19,100 $142,100
2014 $3,272 $161,200 $19,100 $142,100
2013 $3,142 $161,200 $19,100 $142,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202406585

Iowa City Area Association of REALTORS®

APN: 17111-76006-00000