NOT LISTED FOR SALE

506 5th St Traer, IA 50675

Estimated Value: $158,285 - $176,000

3 Beds
3 Baths
1,884 Sq Ft
$87/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $140,000 $74 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,085/month

14 Days on Market

Highlights

  • Cape Cod Architecture
  • Double Oven
  • Patio
  • Wood Flooring
  • 2 Car Detached Garage
  • Pocket Doors

About This Home

As of April 2024

This Brick 3 bedroom home has lots to offerand priced to sell Quickly. On the main floor you have a good sized kitchen, dishwasher, stove( 2 burners do not work) newer Fridge and washer and dryer plus a pantry. Formal dining room, large living room with fireplace, front entry with built in sitting bench and coat closet. There is a half bath and large bedroom with closet on main floor. Upstairs you have 2 large bedrooms and full bath. The basement offers rec room, storage room or could be non code conforming bedroom, and mechanic's room with furnace, new water heater , washer and dryer hookups, sink and a stool and place for a shower. This home has newer vinyl windows, all appliances included and. $3000 flooring allowance. There is a brick single stall garage that is 13 x 23 and an additional garages that is 16 x 24. Great location and priced to sell quickly

Last Agent to Sell the Property

Julie Elliott

Carl Luze Real Estate License #B33497 Listed on: 01/30/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,432

Year Built

  • Built in 1950

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60 x 120
  • Level Lot
  • Property is zoned S-F

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,884 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Pocket Doors
  • Wood Flooring
  • Unfinished Basement
  • Interior Basement Entry

Kitchen

  • Double Oven
  • Free-Standing Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Schools

  • North Tama Elementary And Middle School
  • North Tama High School

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 10181010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,432

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Parcel Number: 10181010
  • Year Built: 1950
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: In Kitchen
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.165
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-476-4949
  • MLS Status: Closed
  • Architectural Style: Cape Cod
  • Reso Fireplace Features: Woodburning Fireplce
  • Reso Interior Features: Ceiling Fan/Light, Pocket Doors, Hardwood Floors
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1884
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Dryer, Disposal, Free-Standing Range, Refrigerator, Washer
  • Basement: Block, Entrance-Inside, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • BelowGradeArea: 1133

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Patio

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage, Wired

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: North Tama
  • High School: North Tama
  • Middle Or Junior School: North Tama

Lot Info

  • Zoning: S-F
  • Lot Dimensions: 60 x 120
  • Lot Size Sq Ft: 7200
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Apr 3, 2024
Sold by
Glenn Sarah
Bought by
Mcahren Patricia
Seller's Agent
Julie Elliott
Carl Luze Real Estate
List Price
$149,000
Sold Price
$140,000
Premium/Discount to List
-$9,000
-6.04%
Views
54
Current Estimated Value
$164,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,821
Avg. Annual Appreciation
11.66%
Original Mortgage
$143,900
Outstanding Balance
$142,207
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$22,614

Purchase Details

Listed on
Sep 21, 2020
Closed on
Nov 10, 2020
Sold by
United Methodist Church Of Traer
Bought by
Glenn Sarah
Seller's Agent
Madison Howard
Appraisal & Real Estate Services
List Price
$89,500
Sold Price
$92,500
Premium/Discount to List
$3,000
3.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.92%
Original Mortgage
$87,875
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Mcahren Patricia $140,000 Title Services Corporation
Glenn Sarah $92,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcahren Patricia $143,900
Previous Owner Glenn Sarah $87,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $140,000 -6.0% $74 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $149,000 +61.1% $79 / Sq Ft
11/13/2020 11/13/20 Sold $92,500 +3.4% $61 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $89,500 -- $59 / 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 $2,526 $137,610 $11,040 $126,570
2023 $2,432 $137,610 $11,040 $126,570
2022 $2,220 $122,220 $11,040 $111,180
2021 $2,220 $108,510 $11,040 $97,470
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $60,700 $0 $60,700
2015 -- $60,700 $0 $60,700
2014 -- $60,700 $0 $60,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20240307

Northeast Iowa Regional Board of REALTORS®

APN: 07.10.181.010