NOT LISTED FOR SALE

503 Terrence St Storm Lake, IA 50588

Estimated Value: $97,000 - $129,000

3 Beds
1 Bath
829 Sq Ft
$132/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $71,250 $86 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $735/month

63 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating and Cooling System
  • Family Room Downstairs

About This Home

As of June 2020

Location Location Location. This cute home is located very close to the college and is only a block off the lake! It offers 3 bedroom and 1 bathroom and a huge yard. Updates include, metal roof added in 2018, new electric panel, new furnace, some new windows and a new hot water heater. This home would be perfect for a first time home buyer!

Last Agent to Sell the Property

Robert Bauer

Compass Real Estate of NW IA License #S61309 Listed on: 03/16/2020

Compass Real Estate of NW IA

Last Buyer's Agent

Robert Smith

Rob Smith Homes & Land License #B60368

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $926

Year Built

  • Built in 1940

Lot Details

  • 7,890 Sq Ft Lot

Home Design

  • Bungalow

Interior Spaces

  • 829 Sq Ft Home
  • Family Room Downstairs

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

  • Storm Lake Elementary And Middle School
  • Storm Lake High School

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 19021-14-04-278-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$926

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: Bungalow
  • Legal Description: 13-02STORM LAKE CORP HAYESTHOMAS L.V. ADD.& W 1/2 ADJ VAC ALLEY
  • Year Built: 1940
  • School Middle Junior: Storm Lake
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Included: Kitchen appliances, washer & dryer
  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Basement: Full
  • Basement Rooms: Laundry
  • Main Level Rooms: Bedroom, Family, Full Bath
  • Total Sq Ft: 829
  • Main Level Sq Ft: 572
  • Sq Ft Above Grade: 829
  • Sq Ft Below Grade Total: 572
  • Sq Ft Below Grade Unfinis: 572
  • Price Per Sq Ft: 85.95

Garage/Parking

  • Internet: Yes

Utilities

  • Air Conditioning Type: Central
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Type: City

Schools

  • Elementary School: Storm Lake
  • Middle School: Storm Lake
  • High School: Storm Lake

Lot Info

  • Acres: 0.18
  • Lot Sq Ft: 7890
  • Parcel Number: 19021-14-04-278-010

Tax Info

  • Year: 2018
  • Gross Taxes: 926

MLS Schools

  • School Elementary: Storm Lake
  • School High: Storm Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2024
Sold by
Cullen Thomas
Bought by
Ts Rentals Llc
Current Estimated Value
$108,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$12,830
Interest Rate
7.03%
Mortgage Type
Credit Line Revolving
Estimated Equity
$101,251

Purchase Details

Listed on
Mar 16, 2020
Closed on
Jun 25, 2020
Sold by
Icr Pork Llc
Bought by
Cullen Thomas Irvin
Seller's Agent
Robert Bauer
Compass Real Estate of NW IA
Buyer's Agent
Robert Smith
Rob Smith Homes & Land
List Price
$79,900
Sold Price
$71,250
Premium/Discount to List
-$8,650
-10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Original Mortgage
$64,125
Interest Rate
3.2%
Mortgage Type
New Conventional
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
Ts Rentals Llc -- None Listed On Document
Cullen Thomas Irvin $71,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ts Rentals Llc $50,000
Previous Owner Cullen Thomas Irvin $7,950
Previous Owner Cullen Thomas Irvin $64,125
Previous Owner Icr Pork Llc $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $71,250 -7.3% $86 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/04/2020 05/04/20 Price Changed $76,900 -3.8% $93 / Sq Ft
03/16/2020 03/16/20 For Sale $79,900 +59.8% $96 / Sq Ft
12/08/2017 12/08/17 Sold $50,000 -7.4% $60 / Sq Ft
11/24/2017 11/24/17 Pending -- -- --
10/28/2017 10/28/17 For Sale $54,000 +54.3% $65 / Sq Ft
12/19/2012 12/19/12 Sold $35,000 0.0% $42 / Sq Ft
10/02/2012 10/02/12 Pending -- -- --
10/01/2012 10/01/12 For Sale $35,000 -- $42 / Sq Ft
Source: Northwest 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 $1,638 $85,750 $15,000 $70,750
2023 $1,534 $85,750 $15,000 $70,750
2022 $1,488 $68,720 $15,000 $53,720
2021 $1,488 $68,720 $15,000 $53,720
2020 $1,296 $61,630 $15,000 $46,630
2019 $926 $58,040 $15,000 $43,040
2018 $926 $42,550 $12,480 $30,070
2017 $930 $42,550 $12,480 $30,070
2016 $912 $41,670 $12,480 $29,190
2015 $912 $40,070 $0 $0
2014 $860 $40,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Bauer

    Seller's Agent in 2020

    Robert Bauer

    Compass Real Estate of NW IA

    (941) 628-9143

    117 Total Sales

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  • R

    Buyer's Agent in 2020

    Robert Smith

    Rob Smith Homes & Land

    (712) 291-0027

    164 Total Sales

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  • Georgia Weaver

    Seller's Agent in 2017

    Georgia Weaver

    Weaver LLC Realtors

    (712) 291-0118

    123 Total Sales

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  • Joanne Peters

    Seller's Agent in 2012

    Joanne Peters

    Century 21 The Professional Gr

    (712) 660-9978

    45 Total Sales

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 808430

Northwest Iowa Regional Board of REALTORS®

APN: 14-04-278-010

Iowa Buena Vista County Storm Lake 50588

503 Terrence St, Storm Lake, IA

This home is located at 503 Terrence St, Storm Lake, IA 50588 since 16 March 2020 and is currently estimated at $109,488, approximately $132 per square foot. This property was built in 1940. 503 Terrence St is a home located in Buena Vista County with nearby schools including East Early Childhood Center, Storm Lake Elementary School, and Storm Lake Middle 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.

Northwest Iowa Regional Board of REALTORS® Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.

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