NOT LISTED FOR SALE

503 Riverside Dr Charles City, IA 50616

Estimated Value: $73,831 - $90,000

2 Beds
1 Bath
1,224 Sq Ft
$65/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $60,000 $49 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $515/month

23 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating System
  • 1-minute walk to Riverside Park

About This Home

As of December 2021

This two bedroom brick ranch home features natural birch woodwork, a carport, and a beautiful view of the Cedar River in Charles City. Located one block from downtown and adjacent to the local recreation trail, you are within walking distance of all downtown events and still have the solitude that emanates from a calming river view! This home is located in a 100 year flood plain and rents for $550.00 per month to a long term tenant. The tenant pays all utilities.

Last Agent to Sell the Property

Connie Parson

Parson Real Estate License #B05882 Listed on: 08/10/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,082

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 66 x 66
  • Property is zoned R-3

Home Design

  • 1,224 Sq Ft Home
  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof

Kitchen

  • Free-Standing Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Carport

Schools

  • Charles City Elementary And Middle School
  • Charles City High School

Utilities

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

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 110146601400

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,082

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Parcel Number: 110146601400
  • Year Built: 1900
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Lot Size Acres: 0.1
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 641-228-6597
  • MLS Status: Closed
  • Architectural Style: Bungalow
  • Reso Fireplace Features: None
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1224
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Free-Standing Range, Refrigerator, Washer, Gas Water Heater
  • Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 1224

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Parking Features: 1 Stall, Carport

Utilities

  • Cooling: None
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Charles City
  • High School: Charles City
  • Middle Or Junior School: Charles City

Lot Info

  • Zoning: R-3
  • Lot Dimensions: 66 x 66
  • Lot Size Sq Ft: 4356
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1082

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Dec 7, 2021
Sold by
Amelia Management Llc
Bought by
Skuster Nathaniel T
Seller's Agent
Connie Parson
Parson Real Estate
List Price
$80,000
Sold Price
$60,000
Premium/Discount to List
-$20,000
-25%
Current Estimated Value
$79,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,208
Avg. Annual Appreciation
7.52%

Purchase Details

Closed on
Jan 31, 2009
Sold by
Walter Michael J and Walter Carol D
Bought by
Wedeking Kevin R and Wedeking Sarah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
5.06%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Skuster Nathaniel T $60,000 None Listed On Document
Wedeking Kevin R $21,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wedeking Kevin R $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2021 12/15/21 Sold $60,000 -14.2% $49 / Sq Ft
10/18/2021 10/18/21 Price Changed $69,900 -4.9% $57 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
09/01/2021 09/01/21 Price Changed $73,500 -8.1% $60 / Sq Ft
08/10/2021 08/10/21 For Sale $80,000 -- $65 / 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 $1,136 $63,870 $12,890 $50,980
2023 $1,080 $63,870 $12,890 $50,980
2022 $1,074 $51,180 $12,890 $38,290
2021 $1,082 $51,180 $12,890 $38,290
2020 $1,148 $51,180 $12,890 $38,290
2019 $956 $49,350 $9,020 $40,330
2018 $892 $44,870 $9,020 $35,850
2017 $852 $44,870 $9,020 $35,850
2016 $836 $44,870 $9,020 $35,850
2015 $836 $42,020 $9,020 $33,000
2014 -- $42,020 $9,020 $33,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20213829

Northeast Iowa Regional Board of REALTORS®

APN: 11-01-466-014-00