NOT LISTED FOR SALE

505 S Main St Traer, IA 50675

Estimated Value: $118,000 - $141,000

3 Beds
1.5 Baths
1,268 Sq Ft
$102/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $87,000 $69 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $866/month

320 Days on Market

Highlights

  • Deck
  • No HOA
  • Living Room
  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of November 2020

This is a very nice and well taken care of 3 bedroom, 1.5 bath home on a double corner lot. Features include a newer kitchen, main floor laundry, large living room and a nice deck. Also a large two stall heated garage with a large storage loft above. A new metal roof in 2019! Vinyl siding and updated windows. Located close to schools. All in Move-In Condition!1

Last Listed By

David Wrage

Wrage Realty Listed on: 11/08/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,614

Year Built

  • Built in 1900

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 120' x 120'

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,268 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Stone Basement
  • Range Hood

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Insulated Garage

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,614

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: Other
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: Lots 10 & 11 BLK 18 Original
  • Municipality: Traer
  • Year Built: 1900
  • OFFICELIST_ADDRESS: 505 S Main Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2019-11-08
  • List Office I D: 584
  • M L Number Foreign: MIR35017901
  • Sales Office I D: 2448
  • Selling Agent: 1715
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Street
  • Building Style: 1.5 Story
  • Bedroom 1 Level: Main
  • Special Features: None
  • Stories: 1

Interior Features

  • Common Walls: No
  • Appliances: Exhaust Fan/Hood, Refrigerator, Washer, Dryer
  • Flooring: Carpet, Laminate
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: No
  • Total Bathrooms: 2
  • Basement: Stone
  • Half Bathrooms: 1
  • Dining Room: Dining Room
  • Family Room: No
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Room 1: Laundry
  • Room 2: Bathroom
  • Room 3: Bathroom
  • Price Per S Q F T: 68.61
  • Above Grade Finished Sq Ft: 1268
  • Fireplace: No
  • Room Types: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Kitchen, Living Room
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: Upper
  • Dining Room Level: Main
  • Extra Room1 Level: Main
  • Extra Room2 Level: Main
  • Extra Room3 Level: Upper
  • Living Room Level: Main

Exterior Features

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Vinyl
  • Foundation Size: 977
  • Road Frontage: Paved Streets
  • Roof: Age 8 Years or Less, Metal
  • Outbuildings: Storage Shed

Garage/Parking

  • Description: Attached Garage, Insulated Garage, Heated Garage, Electric
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 2
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected
  • Electric: Circuit Breakers

Condo/Co-op/Association

  • Amenities: Deck, Ceiling Fan(s)
  • Association Fee YN: No

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: North Tama County
  • School District Phone: 319-478-2265

Lot Info

  • New Develop: No
  • Acres: 0.33
  • Assessment Pending: No
  • Homestead Description: Owner
  • Lot Dimensions: 120' x 120'
  • Lot Size Sq Ft: 14400
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Tax Info

  • Tax With Assessments: 1806
  • Tax Year: 2019
  • Gross Taxes: 1614

MLS Schools

  • School District: 4785 - North Tama County
  • School District Name: North Tama County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Nov 12, 2020
Sold by
Flickinger Sandra L
Bought by
Timmons Tristan and Timmons Amber
Seller's Agent
David Wrage
Wrage Realty
Buyer's Agent
David Wrage
Wrage Realty
List Price
$124,500
Sold Price
$87,000
Premium/Discount to List
-$37,500
-30.12%
Total Days on Market
320
Current Estimated Value
$128,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,751
Avg. Annual Appreciation
9.14%
Original Mortgage
$69,600
Outstanding Balance
$62,776
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$65,975

Range of Values:

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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
Timmons Tristan $87,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timmons Tristan $69,600
Closed Timmons Amber $69,600
Closed Timmons Amber $17,400
Closed Timmons Tristan $17,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $87,000 -2.8% $69 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
05/23/2020 05/23/20 Price Changed $89,500 -8.7% $71 / Sq Ft
03/28/2020 03/28/20 Price Changed $98,000 -14.8% $77 / Sq Ft
03/23/2020 03/23/20 Price Changed $115,000 -7.6% $91 / Sq Ft
11/08/2019 11/08/19 For Sale $124,500 -- $98 / Sq Ft
Source: NoCoast MLS

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 -- $95,840 $18,770 $77,070
2023 $1,788 $95,840 $18,770 $77,070
2022 $2,232 $89,890 $18,770 $71,120
2021 $2,018 $109,110 $21,530 $87,580
2020 $16 $102,490 $21,530 $80,960
2019 $1,614 $80,530 $0 $0
2018 $1,550 $80,290 $0 $0
2017 $1,550 $80,840 $0 $0
2016 $1,464 $80,840 $16,560 $64,280
2015 $1,470 $80,840 $16,560 $64,280
2014 $1,470 $83,300 $22,080 $61,220
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    David Wrage

    Wrage Realty

    54 Total Sales

    David Wrage
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Source: NoCoast MLS

MLS Number: NOC5462827

NoCoast MLS

APN: 07.10.254.019

Iowa Tama County Traer 50675

505 S Main St, Traer, IA

Homes for Sale in Traer, IA

This home is located at 505 S Main St, Traer, IA 50675 since 08 November 2019 and is currently estimated at $128,751, approximately $101 per square foot. This property was built in 1900. 505 S Main St is a home located in Tama County with nearby schools including North Tama Elementary School and North Tama High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NoCoast MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.