NOT LISTED FOR SALE

505 N 3rd St Eldridge, IA 52748

Estimated Value: $293,000 - $321,000

3 Beds
2 Baths
1,557 Sq Ft
$198/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $289,000 $186 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,875/month

11 Days on Market

Highlights

  • 1 Fireplace
  • Corner Lot
  • Fenced Yard
  • North Scott Junior High School Rated A-
  • No HOA
  • 1-minute walk to Centennial Park

About This Home

As of April 2023

Beautiful 3 bedroom, 2 bath, open floor plan, split foyer home on a corner lot! Eldridge Location Must Have! Located directly across from Centennial Park and close to downtown shopping and restaurants. New in 2018- Roof, Siding, Windows, Doors, Furnace, Water heater, Deck, Landscaping. No Clean Gutters added in 2019! White Vinyl Fence New in 2021! This home has gorgeous Granite countertops throughout the kitchen and main level bathroom. Custom Blinds from Budget Blinds company stay with home! Well kept and move in ready. All measurements are approximate but deemed reliable. Buyer & Buyers Agent to verify all measurements. Seller/Owner is real estate licensed in the state of Iowa/Illinois & related to second seller.

Last Agent to Sell the Property

Lauren Mittman

Cornerstone Partners QC - Real Broker, LLC License #S66592000/475.182171 Listed on: 01/20/2023

Last Buyer's Agent

Maxwell White

KW 1Advantage License #S69352000/ 475200992

KW 1Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,924

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 80x113
  • Fenced Yard
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Split Foyer
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,557 Sq Ft Home
  • 1 Fireplace
  • Blinds
  • Dining Room
  • Partial Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • North Scott High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Original Town Eldridge Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 931147901093

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,924

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1975
  • Architectural Style: Split Foyer
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Blinds
  • Living Area: 1557
  • KitchenDining: Dining Informal

Exterior Features

  • Lot Features: Corner Lot
  • Road Surface Type: Paved
  • Construction Type: Vinyl Siding
  • Exterior Features: Fenced Yard
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Heating: Gas, Forced Air, Central Air
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: North Scott

Lot Info

  • Lot Size: 80x113
  • Parcel #: 931147901093
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2924
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Apr 3, 2023
Sold by
Figie Luke B and Figie Lauren
Bought by
Reisen Scott G
Seller's Agent
Lauren Mittman
Cornerstone Partners QC - Real Broker, LLC
Buyer's Agent
Maxwell White
KW 1Advantage
List Price
$295,000
Sold Price
$289,000
Premium/Discount to List
-$6,000
-2.03%
Views
67
Current Estimated Value
$308,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,692
Avg. Annual Appreciation
2.40%
Original Mortgage
$214,000
Outstanding Balance
$207,716
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$100,976

Purchase Details

Listed on
Jun 18, 2018
Closed on
Jul 31, 2018
Sold by
Nelosn Severen
Bought by
Figle Luke B
Seller's Agent
Richell Stock
eXp Realty
Buyer's Agent
Lauren Mittman
Cornerstone Partners QC - Real Broker, LLC
List Price
$244,900
Sold Price
$230,000
Premium/Discount to List
-$14,900
-6.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$218,500
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 10, 2017
Closed on
Sep 15, 2017
Sold by
Us Bank National
Bought by
Nelson Severen
Seller's Agent
Cheryl Rabin
REALHome Services and Solutions, Inc.
Buyer's Agent
Richell Stock
eXp Realty
List Price
$98,580
Sold Price
$106,000
Premium/Discount to List
$7,420
7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
151.48%
Original Mortgage
$135,000
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 22, 2009
Sold by
Schmelzer Becky K and Schmelzer David
Bought by
Moreland Scott A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Reisen Scott G $289,000 None Listed On Document
Figle Luke B $230,000 --
Nelson Severen -- None Available
Moreland Scott A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reisen Scott G $214,000
Previous Owner Figle Luke B $218,500
Previous Owner Nelson Severen $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2023 04/03/23 Sold $289,000 -2.0% $186 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $295,000 +28.3% $189 / Sq Ft
07/31/2018 07/31/18 Sold $230,000 -6.1% $203 / Sq Ft View Prior Sale
07/08/2018 07/08/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $244,900 +131.0% $216 / Sq Ft
09/26/2017 09/26/17 Sold $106,000 +7.5% $94 / Sq Ft View Prior Sale
09/15/2017 09/15/17 Pending -- -- --
08/10/2017 08/10/17 For Sale $98,580 -- $87 / Sq Ft
Source: RMLS Alliance

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 $3,128 $281,200 $54,200 $227,000
2024 $3,016 $254,300 $36,200 $218,100
2023 $3,018 $251,800 $36,200 $215,600
2022 $2,924 $219,770 $32,400 $187,370
2021 $2,924 $219,770 $32,400 $187,370
2020 $2,732 $201,850 $32,400 $169,450
2019 $2,062 $137,200 $25,200 $112,000
2018 $2,322 $137,200 $25,200 $112,000
2017 $2,022 $151,280 $25,200 $126,080
2016 $1,974 $136,570 $0 $0
2015 $1,974 $0 $0 $0
2014 $1,920 $131,010 $0 $0
2013 $1,884 $0 $0 $0
2012 -- $132,290 $25,200 $107,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4239958

RMLS Alliance

APN: 931147901093