NOT LISTED FOR SALE

505 E 2nd St Villisca, IA 50864

Estimated Value: $52,000 - $119,000

4 Beds
1 Bath
2,176 Sq Ft
$38/Sq Ft Est. Value

Last Sold December 23, 2024

Last sale price $27,500 $13 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $519/month

372 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Family Room
  • Living Room
  • Dining Room
  • Partially Fenced Property

About This Home

As of December 2024

This large 1.5 story home has 2,176 square feet and the potential for 4 bedrooms. There is a partially fenced yard and a 2 stall garage. With some fixing up it could be a nice family home or a good investment property. NOTE: " Idaho Housing and Finance as seller cannot offer secondary financing with FHA first mortgages."

Last Agent to Sell the Property

Karen Beaver

Beaver Real Estate Listed on: 11/15/2023

Last Buyer's Agent

Dee Dino

Rubey Realty License #***

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1895

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 120
  • Partially Fenced Property

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,176 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Legal Description: ORIG LT 407
  • Year Built: 1895
  • OFFICELIST_ADDRESS: 505 E 2nd Street
  • Distribute To Internet: Yes
  • List Office I D: 2749
  • Sales Office I D: 352
  • Selling Agent: 4475
  • Street Designation: Street
  • Building Style: 1.5 Story
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area Units: Square Feet
  • Bedrooms: 4
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: (4th) Bedroom
  • Total Bathrooms: 1
  • Basement: None
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Living Room: Living Room
  • Price Per S Q F T: 12.64
  • Above Grade Finished Sq Ft: 2176
  • Total Finished Sq Ft: 2176

Exterior Features

  • Exterior: Vinyl
  • Fencing: Partial

Garage/Parking

  • Description: Detached Garage
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 2
  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Water: City Water - In Street

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.17
  • Geo Update Timestamp: 2023-11-16
  • Assessment Pending: Unknown
  • Homestead Description: Other
  • Lot Dimensions: 60 x 120
  • Lot Size Sq Ft: 7405
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Gross Taxes: 932
  • Net Taxes: 704

MLS Schools

  • School District: 6651 - Villisca

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Dec 21, 2024
Sold by
Idaho Housing And Finance Association
Bought by
Smith Steven W and Smith Tracy A
Seller's Agent
Karen Beaver
Beaver Real Estate
Buyer's Agent
Dee Dino
Rubey Realty
List Price
$75,000
Sold Price
$27,500
Premium/Discount to List
-$47,500
-63.33%
Views
338
Current Estimated Value
$83,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,167
Avg. Annual Appreciation
170.05%

Purchase Details

Closed on
Oct 11, 2023
Sold by
Montgomery County Cu Inc
Bought by
Southwest Iowa Housing Trust and State Of Iowa

Purchase Details

Closed on
Jun 30, 2016
Sold by
Pond Becky S and Pond Larry
Bought by
Squires Christiana

Purchase Details

Closed on
Jan 17, 2007
Sold by
Nationstar Mortgage Llc
Bought by
Pond Becky S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,400
Interest Rate
6.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Smith Steven W $27,500 None Listed On Document
Southwest Iowa Housing Trust $53,630 None Listed On Document
Southwest Iowa Housing Trust $53,630 None Listed On Document
Squires Christiana -- None Available
Pond Becky S $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pond Becky S $14,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2024 12/23/24 Sold $27,500 -24.7% $13 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
10/16/2024 10/16/24 Price Changed $36,500 -9.5% $17 / Sq Ft
09/10/2024 09/10/24 Price Changed $40,350 -8.7% $19 / Sq Ft
07/31/2024 07/31/24 Price Changed $44,200 -8.0% $20 / Sq Ft
06/28/2024 06/28/24 Price Changed $48,050 -7.4% $22 / Sq Ft
05/29/2024 05/29/24 Price Changed $51,900 -6.9% $24 / Sq Ft
04/29/2024 04/29/24 Price Changed $55,750 -6.5% $26 / Sq Ft
03/25/2024 03/25/24 Price Changed $59,600 -6.1% $27 / Sq Ft
02/26/2024 02/26/24 Price Changed $63,450 -5.7% $29 / Sq Ft
01/18/2024 01/18/24 Price Changed $67,300 -5.4% $31 / Sq Ft
12/18/2023 12/18/23 Price Changed $71,150 -5.1% $33 / Sq Ft
11/15/2023 11/15/23 For Sale $75,000 -- $34 / Sq Ft
Source: NoCoast MLS

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
2025 $1,004 $62,950 $7,500 $55,450
2024 $1,004 $44,870 $4,500 $40,370
2023 $704 $44,870 $4,500 $40,370
2022 $842 $36,280 $4,500 $31,780
2021 $660 $36,280 $4,500 $31,780
2020 $660 $34,300 $4,500 $29,800
2019 $664 $34,300 $4,500 $29,800
2018 $606 $34,300 $0 $0
2017 $606 $34,300 $0 $0
2015 $834 $34,300 $0 $0
2014 $540 $22,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6313155

NoCoast MLS

APN: 641-22-24-550040-00