NOT LISTED FOR SALE

505 7th St Nevada, IA 50201

Estimated Value: $213,000 - $228,000

3 Beds
1.5 Baths
1,611 Sq Ft
$137/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $185,000 $115 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,488/month

6 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Central Elementary School Rated A-
  • Enclosed patio or porch
  • Ceiling Fan

About This Home

As of June 2021

This home is currently listed as a ''delayed showing''. Under no circumstances will any showings be allowed until 05/07/2021 @ 8 AM. The sellers will not review or accept any proposed purchase agreements/offers until Tuesday 11 May at 7 PM. Wonderful 3 bed 2 bath completely updated home with large fenced in yard and 2 car garage nestled in the heart of Nevada! This incredible home features: beautiful wood floors, main floor laundry, all new paint, updated kitchen with new appliances and bathrooms, new electrical wiring, new plumbing and gas line, new roof and gutters, new siding on garage, landscaping and much more! This one won't last long! On the south edge of town with quick access to Hwy 30.

Last Agent to Sell the Property

Gina McAndrews

CENTURY 21 SIGNATURE-Ames License #S597830 Listed on: 05/04/2021

CENTURY 21 SIGNATURE-Ames

Last Buyer's Agent

Member Non

CENTRAL IOWA BOARD OF REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,076

Year Built

  • Built in 1920

Lot Details

  • 8,400 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Foundation
  • Wood Trim
  • Vinyl Construction Material

Interior Spaces

  • 1,611 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Wood Flooring

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 11-07-265-480

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,076

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Road Surface Type: Hard Surface
  • Above Grade Finished Sq Ft: 700.0
  • Architectural Style: 2 Story
  • Garage Yn: Yes
  • Year Built: 1920
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Exterior Features Fence: Yes
  • Special Features: None

Interior Features

  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Has Basement: Full, Sump Pump
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Window Treatments
  • Basement:Full2: Yes
  • Appliances Range: Yes

Exterior Features

  • Fencing: Fenced
  • Construction Type: Vinyl
  • Foundation Details: Tile, Brick/Mortar
  • Patio And Porch Features: Patio
  • Features:Window Treatment(s): Yes
  • Features:Porch - Enclosed: Yes

Garage/Parking

  • General Information:Garage Type2: Detached
  • General Information:Garage Capacity: 2 Car

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: Nevada

Lot Info

  • Lot Size Sq Ft: 8400.0
  • Parcel #: 11-07-265-480
  • Zoning: R
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Jun 24, 2021
Sold by
Murry Alison Le
Bought by
Barber Faith M
Seller's Agent
Gina McAndrews
CENTURY 21 SIGNATURE-Ames
Buyer's Agent
Member Non
CENTRAL IOWA BOARD OF REALTORS
List Price
$179,900
Sold Price
$185,000
Premium/Discount to List
$5,100
2.83%
Current Estimated Value
$221,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,183
Avg. Annual Appreciation
3.40%
Original Mortgage
$175,750
Outstanding Balance
$161,184
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$50,187

Purchase Details

Listed on
Jun 1, 2017
Closed on
Jan 9, 2018
Sold by
Fairchild Leann M
Bought by
Le Murray Allison
Seller's Agent
AJ Spiker
Friedrich Realty
Buyer's Agent
Gina McAndrews
CENTURY 21 SIGNATURE-Ames
List Price
$139,900
Sold Price
$114,500
Premium/Discount to List
-$25,400
-18.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.97%
Original Mortgage
$111,065
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Barber Faith M $185,000 None Available
Le Murray Allison $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barber Faith M $175,750
Previous Owner Le Murray Allison $111,065
Previous Owner Fairchild Leann $24,076
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $185,000 +2.8% $115 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $179,900 +57.1% $112 / Sq Ft
01/16/2018 01/16/18 Sold $114,500 -18.2% $71 / Sq Ft
12/02/2017 12/02/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $139,900 -- $87 / Sq Ft
Source: Central Iowa 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 $3,076 $200,500 $39,000 $161,500
2023 $2,828 $200,500 $39,000 $161,500
2022 $2,564 $152,600 $39,000 $113,600
2021 $2,582 $140,500 $39,000 $101,500
2020 $2,504 $133,600 $37,500 $96,100
2019 $2,504 $133,600 $37,500 $96,100
2018 $2,736 $136,100 $37,500 $98,600
2017 $2,736 $136,100 $37,500 $98,600
2016 $2,538 $127,300 $30,000 $97,300
2015 $2,538 $127,300 $30,000 $97,300
2014 $2,436 $120,800 $30,000 $90,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 57508

APN: 11-07-265-480