NOT LISTED FOR SALE

505 W Spruce Ln New London, IA 52645

Estimated Value: $242,000 - $269,000

4 Beds
2 Baths
1,352 Sq Ft
$187/Sq Ft Est. Value

About This Home

This home is located at 505 W Spruce Ln, New London, IA 52645 and is currently estimated at $252,333, approximately $186 per square foot. 505 W Spruce Ln is a home with nearby schools including Clark Elementary School and New London Junior/Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2020
Sold by
Burden Merlin and Burden Debra
Bought by
Peiffer Ryan L and Peiffer Ashley K
Current Estimated Value
$252,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Outstanding Balance
$150,175
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$101,158
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Peiffer Ryan L $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peiffer Ryan L $166,500
Source: Public Records

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 $868 $218,400 $27,670 $190,730
2023 $490 $54,870 $27,670 $27,200
2022 $414 $30,320 $27,670 $2,650
2021 $414 $27,670 $27,670 $0
Source: Public Records

Map

Iowa Henry County New London 52645

505 W Spruce Ln, New London, IA

This home is located at 505 W Spruce Ln, New London, IA 52645 and is currently estimated at $252,333, approximately $186 per square foot. 505 W Spruce Ln is a home with nearby schools including Clark Elementary School and New London Junior/Senior High School.

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