NOT LISTED FOR SALE

505 S Olive St Jefferson, IA 50129

Estimated Value: $126,000 - $190,000

3 Beds
1 Bath
1,186 Sq Ft
$124/Sq Ft Est. Value

Last Sold January 22, 2024

Last sale price $119,000 $100 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $985/month

17 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Living Room
  • Main Floor Bedroom
  • Porch
  • 5-minute walk to Russell Park

About This Home

As of January 2024

Move-in ready with 3 bedrooms, 2-car garage, and a great backyard. This home offers new renovations including kitchen updates, flooring, fixtures and paint. The main floor features an East facing 3-seasons room with a panoramic view of the backyard. Immaculate and ready for your finishing touches. Located just two blocks from Greene County Elementary School and the Racoon River Valley Bike Trail.

Last Agent to Sell the Property

Amanda Bills

Jefferson Iowa Realty License #*** Listed on: 11/02/2023

Jefferson Iowa Realty

Last Buyer's Agent

Emily Melody

Exit Realty Frontier

Exit Realty Frontier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,790

Year Built

  • Built in 1954

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 66x142
  • Few Trees
  • Property is zoned Residential-Multi-Family

Home Design

  • Bungalow
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,186 Sq Ft Home
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Bathroom

Parking

  • 2 Car Detached Garage
  • Carport

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,790

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Construction Status: Previously Owned
  • Legal Description: to be taken from abstract
  • Year Built: 1954
  • OFFICELIST_ADDRESS: 505 S Olive Street
  • Distribute To Internet: Yes
  • InternetOptions: Fiber Optic
  • List Office I D: 200
  • Sales Office I D: 326
  • Selling Agent: 4288
  • Street Designation: Street
  • Building Style: Bungalow
  • Bedroom 1 Level: Main
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Hardwood, Vinyl
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: No
  • Bathroom Description: Main Floor 3/4 Bath
  • Total Bathrooms: 1
  • Basement: Full, Unfinished
  • Dining Room: Dining Room
  • Family Room: No
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Price Per S Q F T: 100.34
  • Above Grade Finished Sq Ft: 1186
  • Above Grade Finished Sq Ft: 1186
  • Below Grade Total Sq Ft: 768
  • Fireplace: No
  • Total Finished Sq Ft: 1186
  • Three Quarter Bathrooms: 1
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Upper
  • Dining Room Level: Main
  • Living Room Level: Main

Exterior Features

  • Exterior: Vinyl
  • Foundation Size: 768
  • Road Frontage: City Street
  • Roof: Asphalt Shingles

Garage/Parking

  • Description: Detached Garage, Carport, Driveway - Concrete
  • Fuel: Natural Gas

Utilities

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

Condo/Co-op/Association

  • Amenities: Porch, Hardwood Floors

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.22
  • Geo Update Timestamp: 2023-11-02
  • Total Assessed Value: 115100
  • Assessment Pending: No
  • Homestead Description: Owner
  • Lot Description: Tree Coverage - Medium
  • Lot Dimensions: 66X142
  • Lot Size Sq Ft: 9583
  • Lot Size Units: Acres
  • Zoning: Residential-Multi-Family

Tax Info

  • Tax Year: 2022
  • Gross Taxes: 1790
  • Net Taxes: 1590

MLS Schools

  • School District: Greene County School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Jan 18, 2024
Sold by
Nisland Asset Investment Llc
Bought by
Nelson Karen D
Seller's Agent
Amanda Bills
Jefferson Iowa Realty
Buyer's Agent
Emily Melody
Exit Realty Frontier
List Price
$119,000
Sold Price
$119,000
Total Days on Market
17
Views
70
Current Estimated Value
$147,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,152
Avg. Annual Appreciation
9.88%

Purchase Details

Closed on
Jul 21, 2023
Sold by
Numa Property Management Llc
Bought by
Nisland Asset Investment Llc

Purchase Details

Listed on
Jul 15, 2016
Closed on
Nov 7, 2016
Sold by
Federal National Mortgage Association
Bought by
Dudley Angela
Seller's Agent
Emily Graeve
RE/MAX Generations
Buyer's Agent
Emily Graeve
RE/MAX Generations
List Price
$52,500
Sold Price
$45,000
Premium/Discount to List
-$7,500
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.67%
Original Mortgage
$36,000
Interest Rate
3.47%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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
Nelson Karen D $119,000 None Listed On Document
Nisland Asset Investment Llc -- None Listed On Document
Dudley Angela -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dudley Angela L $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2024 01/22/24 Sold $119,000 0.0% $100 / Sq Ft
11/19/2023 11/19/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $119,000 +164.4% $100 / Sq Ft
11/23/2016 11/23/16 Sold $45,000 -14.3% $36 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $52,500 -- $42 / 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 $2,192 $115,000 $16,800 $98,200
2023 $1,590 $115,100 $16,800 $98,300
2022 $1,556 $78,900 $10,100 $68,800
2021 $1,484 $78,900 $10,100 $68,800
2020 $1,484 $72,700 $10,100 $62,600
2019 $1,328 $65,100 $0 $0
2018 $1,286 $65,100 $0 $0
2017 $1,286 $62,200 $0 $0
2016 $1,186 $62,200 $0 $0
2015 $1,056 $62,200 $0 $0
2014 $1,058 $62,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6312777

NoCoast MLS

APN: 11-08-381-004