NOT LISTED FOR SALE

506 5th Ave NW Oelwein, IA 50662

Estimated Value: $91,000 - $114,000

2 Beds
1 Bath
939 Sq Ft
$113/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $98,000 $104 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $696/month

5 Days on Market

Highlights

  • Deck
  • Forced Air Heating and Cooling System
  • Storage Shed
  • 2 Car Attached Garage

About This Home

As of September 2022

This 2 bdrm ranch style home is located in a quiet neighborhood with a beatiful backyard. Nice floor plan with eat in kitchen and good sized bdrms. The home was completely remodeled in 2005 with new wiring, plumbing, sheetrock, doors and windows at that time. Main floor laundry (washer and dryer included) and updated bath with walk in shower. 2 year old kitchen appliances are included. Full basement. 2 car garage built in 2005. Decks on both front and back. This is a very affordable home in a great setting. Call today to see for yourself.

Last Agent to Sell the Property

Sandra Graf

Century 21 Signature Real Estate - Cedar Falls License #B17873 Listed on: 07/26/2022

Century 21 Signature Real Estate - Cedar Falls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $928

Year Built

  • Built in 1926

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 100x174
  • Property is zoned R1-SF

Parking

  • 2 Car Attached Garage

Home Design

  • 939 Sq Ft Home
  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding

Kitchen

  • Free-Standing Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Storage Shed

Schools

  • Oelwein Elementary And Middle School
  • Oelwein High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Partially Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 1821101016

Home Details

Home Type

Single Family

Est. Annual Taxes

$928

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Parcel Number: 1821101016
  • Year Built: 1926
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor
  • Lot Size Acres: 0.4
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-266-8080
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 939
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Free-Standing Range, Refrigerator, Washer
  • Basement: Block, Floor Drain, Partially Unfinished
  • Total Bedrooms: 2
  • BelowGradeArea: 883

Exterior Features

  • Construction Type: Aluminum Siding
  • Exterior Features: Deck, Storage Shed

Garage/Parking

  • Parking Features: 2 Stall, Attached Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Oelwein
  • High School: Oelwein
  • Middle Or Junior School: Oelwein

Lot Info

  • Zoning: R1-SF
  • Lot Dimensions: 100x174
  • Lot Size Sq Ft: 17400
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 928

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Sep 9, 2022
Sold by
Flynn Jason P
Bought by
Rechkemmer Amber L
Seller's Agent
Sandra Graf
Century 21 Signature Real Estate - Cedar Falls
List Price
$98,000
Sold Price
$98,000
Total Days on Market
5
Current Estimated Value
$106,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,416
Avg. Annual Appreciation
2.79%
Original Mortgage
$87,000
Outstanding Balance
$48,670
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$57,746

Purchase Details

Closed on
Sep 11, 2020
Sold by
Hofer John R
Bought by
Hofer Jonnie J

Purchase Details

Closed on
Jun 4, 2010
Sold by
Taylor Wayne P
Bought by
Flynn Jason P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,800
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2005
Sold by
Schulz Roger A and Schulz Marsha R
Bought by
Taylor Wayne P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5.88%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Rechkemmer Amber L $98,000 --
Hofer Jonnie J -- None Available
Flynn Jason P $61,000 None Available
Taylor Wayne P $50,000 Ites
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rechkemmer Amber L $87,000
Previous Owner Flynn Jason P $48,800
Previous Owner Taylor Wayne P $10,000
Previous Owner Taylor Wayne P $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $98,000 0.0% $104 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $98,000 -- $104 / Sq Ft
Source: Northeast Iowa Regional 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
2024 $1,456 $85,490 $13,080 $72,410
2023 $1,474 $85,490 $13,080 $72,410
2022 $1,274 $68,920 $10,900 $58,020
2021 $1,274 $68,920 $10,900 $58,020
2020 $738 $42,040 $6,870 $35,170
2019 $592 $35,380 $0 $0
2018 $576 $35,380 $0 $0
2017 $872 $47,050 $0 $0
2016 $846 $47,050 $0 $0
2015 $846 $0 $0 $0
2014 $830 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20223516

Northeast Iowa Regional Board of REALTORS®

APN: 18-21-101-016