$55,000
SOLD APR 9, 2025

506 Commercial St Unit I La Porte City, IA 50651

2 Beds
1 Bath
891 Sq Ft
$175/mo HOA Fee

Recently Sold

$62 Per Sq Ft

10% Above List Price

1 Day on Market

About This Home

As of April 2025

Low cost, easy living in the heart of LaPorte City. Perfect for a 1st time buyer, downsizing or to add to your rental portfolio. This top level 2 bed, 1 bath condo is clean and move-in ready. $175 HOA fee includes water, sewer and garbage, and also exterior up-keep and insurance. There is ample parking next to the unit. Refrigerator, stove, and dishwasher are included. Stop over to LaPorte City and check this one out!

Last Agent to Sell the Property

Jennifer Bainbridge

RE/MAX Concepts - Waterloo License #S63375000 Listed on: 03/19/2025

RE/MAX Concepts - Waterloo

Co-Listed By

Karen Kayser

RE/MAX Concepts - Waterloo License #B33603000

Last Buyer's Agent

Tim Smith, Jr.

Berkshire Hathaway Home Services One Realty Centre License #S67151

Berkshire Hathaway Home Services One Realty Centre

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $711

Year Built

  • Built in 1980

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 891 Sq Ft Home
  • Ceiling Fan
  • Laundry on lower level

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Schools

  • Laporte Elementary And Middle School
  • Laporte High School

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Electric Water Heater

Community Details

  • Fire and Smoke Detector

Listing and Financial Details

  • Assessor Parcel Number 871225383009

Property Details

Home Type

Condominium

Est. Annual Taxes

$711

Year Built

Built in 1980

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Parcel Number: 871225383009
  • Year Built: 1980
  • Property Sub-Type: Condominium
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.03
  • Road Frontage Type: Paved Road
  • Road Surface Type: Concrete
  • Co List Office Mls Id: NBR75
  • Co List Office Phone: 319-232-7100
  • Co List Office Phone: 319-232-7100
  • MLS Status: Closed
  • Architectural Style: Condominium
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan/Light
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 891
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Smoke Detector, Dishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator, Electric Water Heater
  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 0

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Electric
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 175
  • Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Zoning: R-3
  • Lot Dimensions: tbd
  • Lot Size Sq Ft: 1280
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 711.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2025
Closed on
Apr 9, 2025
Sold by
Davis Laikyn
Bought by
Davis Trevor
Seller's Agent
Jennifer Bainbridge
RE/MAX Concepts - Waterloo
Buyer's Agent
Tim Smith, Jr.
Berkshire Hathaway Home Services One Realty Centre
List Price
$49,900
Sold Price
$55,000
Premium/Discount to List
$5,100
10.22%
Views
2
Current Estimated Value
$51,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,552
Avg. Annual Appreciation
-21.16%

Purchase Details

Closed on
Feb 7, 2019
Sold by
Mether Julia K
Bought by
Davis Laikyn N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,130
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Similar Home in La Porte City, IA

  • 506 Commercial St Unit L, La Porte City, IA 50651

    $59,000

    • 2 Beds
    • 1 Bath
    • 891 Sq Ft
    • 506 Commercial St
    • Unit L
    • La Porte City, IA

    Well maintained, quiet and economical living in heart of La Porte City. Each condo has 2 bed 1 bath. Private parking space for each condo.

    William Foss Fischels Residential Group

    Section Image

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $55,000 Title Services
Warranty Deed $29,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $27,130 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Sold $55,000 +10.2% $62 / Sq Ft
03/20/2025 03/20/25 Pending -- -- --
03/19/2025 03/19/25 For Sale $49,900 -- $56 / 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 $712 $41,800 $1,920 $39,880
2023 $754 $41,800 $1,920 $39,880
2022 $558 $37,390 $1,280 $36,110
2021 $592 $37,390 $1,280 $36,110
2020 $568 $37,390 $1,280 $36,110
2019 $568 $37,390 $1,280 $36,110
2018 $734 $37,390 $1,280 $36,110
2017 $742 $37,390 $1,280 $36,110
2016 $728 $37,390 $1,280 $36,110
2015 $728 $37,390 $1,280 $36,110
2014 $698 $35,500 $1,280 $34,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20251104

Northeast Iowa Regional Board of REALTORS®

APN: 8712-25-383-009