NOT LISTED FOR SALE

506 4th St SE Spencer, IA 51301

Estimated Value: $197,000 - $285,000

2 Beds
1.5 Baths
1,525 Sq Ft
$157/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $227,000 $149 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,569/month

Highlights

  • 2 Car Attached Garage
  • Walk-In Closet
  • Breakfast Bar
  • Spencer Middle School Rated 9+
  • Forced Air Heating and Cooling System
  • Patio

About This Home

As of August 2022

SEE WORTHY! Pride of ownership is evident inside and outside of this inviting 2 bedroom, 1 1/2 bath home. Outside you'll appreciate the low maintenance of the vinyl siding; the well manicured lawn and the storage shed. This home is situated on a picturesque, oversized lot near Spencer's Parks & Trail System and the Aquatic Center. Inside you'll appreciate step saving, one level living. A well appointed kitchen & dining area, the center of the house. Main floor laundry & a half bath is just off the kitchen. The cozy family room and four season sun room is the place to be. This home is the perfect place to "size down." Don't delay, make your MOVE today!

Last Agent to Sell the Property

Lori Black

EXIT Realty Midwest- Spencer/Emmetsburg License #S32043 Listed on: 07/21/2022

EXIT Realty Midwest- Spencer/Emmetsburg

Last Buyer's Agent

Bryan Sebastian

Hinn Real Estate License #S65753

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,200

Year Built

  • Built in 1999 | Remodeled

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 120x149x202
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,525 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9636-18-405-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,200

Year Built

Built in 1999 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: Yes
  • Type: Single Family Residence
  • Year Built: 1999
  • Levels: One
  • Stories: 1
  • Architectural Style: Ranch
  • Property Condition: Updated/Remodeled
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cable TV, Ceiling Fan(s), Garage Door Opener, Main Floor Bedrooms, Main Floor Laundry, Walk-in Closet, Washer/Dryer Hkups, Window Coverings
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Bathroom Description: Main Floor 1/2 Bath, Main Floor 3/4 Bath, Master Walk Thru
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space
  • Dining Room: Breakfast Bar, Combine with Kitchen
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Price Per S Q F T: 148.85
  • Total Sq Ft: 1525
  • Above Grade Finished: 1525
  • Finished Sq Ft: 1525

Exterior Features

  • Construction: Modular
  • Construction Materials: Vinyl Siding
  • Exterior Features: Driveway-Concrete, Patio
  • Flood Zone: No
  • Road Frontage Type: City Street, Curbs & Gutters
  • Roof: Asphalt

Garage/Parking

  • Garage Type: Attached
  • Garage Size: 20 x 24
  • Garage Spaces: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heating: Baseboard, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public/City
  • Electric: Breakers

Schools

  • School District: Spencer

Lot Info

  • Parcel Number: 9636-18-405-013
  • Estimated Acres: 0.48
  • Lot Features: Irregular Lot, Paved Street(s)
  • Estimated Lot Dimensions: 120x149x202
  • Lot Sq Ft: 21060

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 3200
  • Tax Classification: Homestead
  • Tax Year: 2020

MLS Schools

  • School District: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Aug 29, 2022
Sold by
Potratz Roger
Bought by
Faulkner Jared L and Faulkner Yvonne Il
Seller's Agent
Lori Black
EXIT Realty Midwest- Spencer/Emmetsburg
Buyer's Agent
Bryan Sebastian
Hinn Real Estate
List Price
$225,000
Sold Price
$227,000
Premium/Discount to List
$2,000
0.89%
Current Estimated Value
$239,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,382
Avg. Annual Appreciation
1.73%
Original Mortgage
$126,200
Outstanding Balance
$120,682
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$118,700

Purchase Details

Closed on
Feb 17, 2021
Sold by
Potratz Roger W and Potratz Brenda R
Bought by
Potratz Roger W

Purchase Details

Closed on
Oct 31, 2013
Sold by
Spiess Virgil R and Spiess Dorothy J
Bought by
Jensen Bruce M and Jensen Jeanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,920
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Faulkner Jared L $227,000 --
Potratz Roger W -- None Available
Jensen Bruce M $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faulkner Jared L $126,200
Previous Owner Jensen Bruce M $99,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $227,000 +0.9% $149 / Sq Ft
07/21/2022 07/21/22 For Sale $225,000 -- $148 / 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 $3,600 $254,660 $41,090 $213,570
2024 $3,600 $235,040 $32,870 $202,170
2023 $3,472 $235,040 $32,870 $202,170
2022 $2,946 $183,810 $32,870 $150,940
2021 $3,200 $173,770 $32,870 $140,900
2020 $3,200 $178,480 $28,760 $149,720
2019 $2,862 $164,510 $0 $0
2018 $2,782 $162,700 $0 $0
2017 $2,682 $150,300 $0 $0
2016 $2,656 $150,300 $0 $0
2015 $2,252 $128,770 $0 $0
2014 $2,182 $128,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 220836

Iowa Great Lakes Board of REALTORS®

APN: 9636-18-405-013