NOT LISTED FOR SALE

505 E 3rd St Spencer, IA 51301

Estimated Value: $51,000 - $59,000

3 Beds
1 Bath
1,301 Sq Ft
$42/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $27,500 $21 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $339/month

5 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Spencer Middle School Rated 9+

About This Home

As of February 2018

Investment opportunity! This property offers 3 bedrooms with full bath on the main floor. Also has a separate entrance to an upstairs efficiency apartment that needs work.

Last Agent to Sell the Property

Terri Carpenter

Century 21 ProLink License #S64252 Listed on: 02/04/2018

Last Buyer's Agent

Dawn Heaton

Northwest Iowa Realty License #B60171

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 8,910 Sq Ft Lot
  • Lot Dimensions are 66 x 135

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Concrete Fiber Board Siding

Interior Spaces

  • 1,301 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 963618202015

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family Residence
  • Year Built: 1900
  • Levels: Multi/Split
  • Stories: 1
  • Architectural Style: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Price Per S Q F T: 21.14
  • Total Sq Ft: 1301
  • Above Grade Finished: 1301
  • Finished Sq Ft: 1301

Exterior Features

  • Construction: Frame/Wood
  • Construction Materials: Fiber Cement
  • Flood Zone: Unknown
  • Waterfront: No

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1

Utilities

  • Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public/City

Lot Info

  • Parcel Number: 963618202015
  • Estimated Acres: 0.18
  • Estimated Lot Dimensions: 66 x 135
  • Lot Sq Ft: 8910

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 752
  • Tax Classification: Homestead
  • Tax Year: 2017

MLS Schools

  • School District: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2023
Sold by
Bila Emily J and Bila Alex T
Bought by
Carpenter Christopher M and Carpenter Terrance L
Current Estimated Value
$54,667

Purchase Details

Listed on
Feb 4, 2018
Closed on
Feb 27, 2018
Sold by
Phelps Robert R
Bought by
Padilla Emily J and Bila Alex T
Seller's Agent
Terri Carpenter
Century 21 ProLink
Buyer's Agent
Dawn Heaton
Northwest Iowa Realty
List Price
$30,900
Sold Price
$27,500
Premium/Discount to List
-$3,400
-11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%

Purchase Details

Closed on
Jul 31, 2014
Sold by
Bussell Penny J and Bussell Kirby
Bought by
Phelps Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,350
Interest Rate
4.14%
Mortgage Type
Future Advance Clause Open End Mortgage
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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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
Carpenter Christopher M $50,000 None Listed On Document
Carpenter Christopher M $50,000 None Listed On Document
Padilla Emily J $27,000 --
Phelps Robert R $24,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phelps Robert R $19,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2018 02/28/18 Sold $27,500 -11.0% $21 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
02/04/2018 02/04/18 For Sale $30,900 -- $24 / Sq Ft
Source: Iowa Great Lakes 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
2025 $632 $45,870 $22,870 $23,000
2024 $632 $39,460 $17,640 $21,820
2023 $610 $39,460 $17,640 $21,820
2022 $596 $35,300 $17,640 $17,660
2021 $640 $33,380 $17,640 $15,740
2020 $640 $33,940 $15,030 $18,910
2019 $510 $27,830 $0 $0
2018 $528 $29,260 $0 $0
2017 $752 $39,700 $0 $0
2016 $744 $39,700 $0 $0
2015 $730 $38,970 $0 $0
2014 $710 $38,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 180141

Iowa Great Lakes Board of REALTORS®

APN: 9636-18-202-015