NOT LISTED FOR SALE

505 8th Ave NE Independence, IA 50644

Estimated Value: $105,000 - $147,000

2 Beds
1 Bath
934 Sq Ft
$131/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $118,500 $127 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $805/month

4 Days on Market

Highlights

  • 1 Car Attached Garage
  • Fenced
  • Storage Shed
  • Forced Air Heating and Cooling System

About This Home

As of October 2023

Prepare to be amazed by this extensively updated gem! Nestled within this charming two-bedroom, one-bathroom home, you'll discover a world of delightful upgrades. Updates include new flooring, roof, windows, siding, bathroom and doors. Enjoy the convenience of main-floor laundry and the added security of a fenced-in yard. The property features an attached garage and plenty of space in the updated kitchen! Don't miss out on this move-in ready home. Schedule your tour today! *Some photos are virtually staged.

Last Agent to Sell the Property

Selvedina Nuhanovic

Vine Valley Real Estate License #S66341000 Listed on: 09/29/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,112

Year Built

  • Built in 1920

Lot Details

  • 10,764 Sq Ft Lot
  • Lot Dimensions are 78x138
  • Fenced
  • Property is zoned R-2

Parking

  • 1 Car Attached Garage

Home Design

  • 934 Sq Ft Home
  • Metal Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Independence Elementary And Middle School
  • Independence High School

Additional Features

  • Laundry on main level
  • Storage Shed
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0634438013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,112

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Parcel Number: 0634438013
  • Year Built: 1920
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor
  • Lot Size Acres: 0.247
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-249-5468
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Metal
  • TotalFinishedSquareFootage: 934
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector
  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 0

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Fenced Yard, Storage Shed

Garage/Parking

  • Parking Features: 1 Stall, Attached Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Independence
  • High School: Independence
  • Middle Or Junior School: Independence

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 78x138
  • Lot Size Sq Ft: 10764
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Oct 27, 2023
Sold by
Platte Mitchell L
Bought by
Hansen Haley
Seller's Agent
Selvedina Nuhanovic
Vine Valley Real Estate
List Price
$105,000
Sold Price
$118,500
Premium/Discount to List
$13,500
12.86%
Views
43
Current Estimated Value
$125,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,007
Avg. Annual Appreciation
1.98%
Original Mortgage
$101,750
Outstanding Balance
$100,314
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$22,429

Purchase Details

Closed on
Mar 3, 2017
Sold by
Thomas Jennifer N
Bought by
Platte Mitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,900
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2008
Sold by
Beebe Bret M and Beebe Brodie M
Bought by
Thomas Jennifer N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Hansen Haley $118,500 None Listed On Document
Platte Mitchell $46,500 None Available
Thomas Jennifer N $38,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Haley $101,750
Previous Owner Platte Mitchell $25,000
Previous Owner Platte Mitchell L $57,600
Previous Owner Plate Mitchell $16,500
Previous Owner Platte Mitchell $44,900
Previous Owner Thomas Jennifer N $8,000
Previous Owner Thomas Jennifer N $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $118,500 +12.9% $127 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $105,000 -- $112 / 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 $1,454 $80,550 $17,030 $63,520
2023 $1,454 $74,770 $17,030 $57,740
2022 $1,076 $60,120 $13,510 $46,610
2021 $1,066 $60,120 $13,510 $46,610
2020 $1,066 $55,510 $12,290 $43,220
2019 $966 $55,510 $12,290 $43,220
2018 $880 $50,490 $12,290 $38,200
2017 $834 $48,580 $12,290 $36,290
2016 $816 $45,770 $7,310 $38,460
2015 $816 $45,770 $7,310 $38,460
2014 $834 $45,770 $7,310 $38,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20234167

Northeast Iowa Regional Board of REALTORS®

APN: 06.34.438.013