NOT LISTED FOR SALE

506 S 2nd St Klemme, IA 50449

Estimated Value: $118,000 - $268,000

3 Beds
2 Baths
1,204 Sq Ft
$144/Sq Ft Est. Value

Last Sold July 27, 2022

Last sale price $135,000 $112 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,044/month

3 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Living Room
  • 1 Fireplace
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

This home is located at 506 S 2nd St, Klemme, IA 50449 since 16 May 2022 and is currently estimated at $173,137, approximately $143 per square foot. This property was built in 1977. 506 S 2nd St is a home located in Hancock County with nearby schools including Richard O. Jacobson Elementary School and Belmond-Klemme Community Junior/Senior High School.

Last Agent to Sell the Property

Matt Schoneman

Schoneman, REALTORS Listed on: 05/16/2022

Co-Listed By

Kyle Schoneman

Schoneman, REALTORS

Last Buyer's Agent

Chad Schoneman

Schoneman, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $968

Year Built

  • Built in 1977

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 99 x 132

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1,204 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Stepless Entry

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$968

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: No Stairs External
  • Construction Status: Previously Owned
  • Legal Description: GRUETZ & HANSON'S LOT 1 & N 1/2 LOT 2 BLK 2
  • Municipality: Klemme
  • Year Built: 1977
  • OFFICELIST_ADDRESS: 506 S 2nd Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2022-05-17
  • List Office I D: 1099
  • Sales Office I D: 968
  • Selling Agent: 3509
  • Street Designation: Street
  • Building Style: Ranch
  • Bedroom 1 Level: Main
  • Special Features: None

Interior Features

  • Common Walls: No
  • Appliances: Range, Microwave, Exhaust Fan/Hood, Dishwasher, Refrigerator, Washer, Dryer, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Fireplaces: 1
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: No
  • Total Bathrooms: 2
  • Basement: Full
  • Dining Room: No
  • Family Room: No
  • Kitchen: Kitchen
  • Kitchen Dim: 9 x 20
  • Kitchen Level: Main
  • Living Room: Living Room
  • Main Floor Sq Ft: 1204
  • Price Per S Q F T: 112.13
  • Above Grade Finished Sq Ft: 1204
  • Below Grade Total Sq Ft: 1204
  • Fireplace: Yes
  • Total Finished Sq Ft: 1204
  • Three Quarter Bathrooms: 1
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Living Room Level: Main

Exterior Features

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Metal
  • Foundation Size: 1204
  • Roof: Asphalt Shingles

Garage/Parking

  • Description: Attached Garage
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 2
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected
  • Electric: Circuit Breakers

Association/Amenities

  • Complex/Development/Subdivision: Greutzmacher Bros & Hanson's S

Condo/Co-op/Association

  • Association Fee YN: No

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Belmond-Klemme
  • School District Number: 594
  • School District Phone: 641-444-4300

Lot Info

  • New Develop: No
  • Acres: 0.3
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Description: Corner Lot
  • Lot Dimensions: 99 x 132
  • Lot Size Sq Ft: 13068

Green Features

  • Certification: No

Rental Info

  • Availability: Available
  • Rental License: No

Tax Info

  • Tax With Assessments: 968
  • Tax Year: 2021
  • Gross Taxes: 968

MLS Schools

  • School District: 594 - Belmond-Klemme
  • School District Name: Belmond-Klemme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2023
Sold by
Fritz Rose M
Bought by
Erdman Jon and Erdman Jenna
Current Estimated Value
$173,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,750
Outstanding Balance
$1,208
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$171,929

Purchase Details

Listed on
May 16, 2022
Closed on
Jul 25, 2022
Sold by
Vanden Heuvel George A
Bought by
Fritz Rose
Seller's Agent
Matt Schoneman
Schoneman, REALTORS
Buyer's Agent
Chad Schoneman
Schoneman, REALTORS
List Price
$119,900
Sold Price
$135,000
Premium/Discount to List
$15,100
12.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%
Original Mortgage
$138,000
Interest Rate
5.23%
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
Erdman Jon $135,000 None Listed On Document
Fritz Rose $135,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erdman Jon $6,750
Open Erdman Jon $133,888
Previous Owner Fritz Rose $138,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2022 07/27/22 Sold $135,000 +12.6% $112 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $119,900 -- $100 / Sq Ft
Source: NoCoast MLS

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 $1,498 $131,190 $12,380 $118,810
2024 $1,498 $110,780 $7,920 $102,860
2023 $1,402 $110,780 $7,920 $102,860
2022 $996 $81,270 $7,920 $73,350
2021 $968 $73,680 $7,920 $65,760
2020 $968 $67,130 $7,920 $59,210
2019 $880 $67,130 $7,920 $59,210
2018 $856 $56,140 $7,920 $48,220
2017 $746 $48,680 $0 $0
2016 $720 $48,680 $0 $0
2015 $720 $53,760 $0 $0
2014 $802 $53,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6197300

NoCoast MLS

APN: 2704020010