NOT LISTED FOR SALE

506 Summit St Shelby, IA 51570

Estimated Value: $162,000 - $204,000

4 Beds
2 Baths
1,662 Sq Ft
$110/Sq Ft Est. Value

Last Sold July 10, 2018

Last sale price $115,000 $69 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,136/month

4 Days on Market

Highlights

  • Corner Lot
  • Covered Patio or Porch
  • Walk-In Closet
  • No HOA
  • Woodwork
  • Tile Flooring

About This Home

As of July 2018

Beautiful home sitting on a large, flat, corner lot! Several updates done in the last 8 years that include roof, siding, electrical, plumbing, central AC, and furnace! The original wooden staircase and exposed brick keep the charm and character of the home even with all of the updates! Lots of square footage and ''new'' for the price! Buyers could be eligible for a $5000 grant through the city of Shelby!

Last Buyer's Agent

Angela Fritz

BHHS Ambassador Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,266

Year Built

  • Built in 1895

Lot Details

  • Lot Dimensions are 80x150
  • Corner Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,662 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Combination Dining and Living Room
  • Tile Flooring
  • Unfinished Basement
  • Partial Basement
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Storage Shed

Schools

  • A-H-S-T-W Elementary And Middle School
  • A-H-S-T-W High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available
  • Electric Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,266

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Air Conditioner: Electric Central
  • Basement: Partial
  • Basement: Partial, Unfinished
  • Dining Facilities: LR/DR Combo
  • Fireplace: No
  • Interior Amenities: Ceiling Fans, Open Staircase, Water Soft-Own, Walk-in Closets, Tile Floor, Smoke Alarms, Original Woodwork
  • Kitchen Features: Dishwasher, Refrigerator, Microwave, Garbage Disposal, Electric Range
  • Laundry: Dryer Hookup, Washer Hookup, Main Floor
  • Lower Tri Level: Other
  • Main Level: Baths, Other Bedrooms, Kitchen, Living Room, Dining
  • Ramp Access: No
  • Second Level: Baths, Other Bedrooms, Primary Bedroom
  • Sq Ft 2nd Floor: 638.00
  • Sq Ft Main Floor: 1024.00
  • Stories: 2.0
  • Total Basement Sq Ft: 228.00
  • Total Finished Sq Ft: 1662.00
  • Total Above Ground Finished Sq Ft: 1662.00

Beds/Baths

  • Bathrooms Above Grade: 1.75
  • Bathrooms Below Grade: None
  • Above Grade Bedrooms: 4
  • Below Grade Bedrooms: None
  • Total Bathrooms: 1.75
  • Total Bedrooms: 4

Exterior Features

  • Exterior Amenities: Covered Patio, Storage Shed, Perm Siding, Patio, Open Porch
  • New Construction: N
  • Roof: Composition
  • Site Amenities: Concrete Road, Off Street Parking, Flat Lot, Corner Lot
  • Style: 1.5 Story

Garage/Parking

  • Garage: None
  • Garage Features: No Features
  • Garage Type: None

Utilities

  • Heating: Gas Forced Air
  • Hot Water Heater: Electric
  • Services: City Sewer, School Bus, Gas, Electrical, City Water

Association/Amenities

  • Association Fee: N

Schools

  • School District: AHSTW
  • Elementary School: A-H-S-T-W
  • Middle School: A-H-S-T-W
  • High School: A-H-S-T-W
  • Elementary School: A-H-S-T-W
  • High School: A-H-S-T-W
  • Jr High: A-H-S-T-W
  • School District: AHSTW

Lot Info

  • Flood Insurance: Not Required
  • Lot Size: 80x150
  • Lot Size Range: Over 1/4 up to 1/2 Acre

Building Info

  • Construction: Frame
  • Year Built: 1895

Tax Info

  • Current REIDS Year Paid: N/A
  • Gross Taxes: 1266.56
  • Net Taxes: 1266
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2018
Closed on
Jul 8, 2018
Sold by
Pitt Kathie
Bought by
Anderson Loni S
Buyer's Agent
Angela Fritz
BHHS Ambassador Real Estate
List Price
$109,000
Sold Price
$115,000
Premium/Discount to List
$6,000
5.5%
Current Estimated Value
$182,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,689
Avg. Annual Appreciation
6.22%
Original Mortgage
$5,000
Outstanding Balance
$4,422
Interest Rate
4.6%
Mortgage Type
Unknown
Estimated Equity
$172,618

Purchase Details

Closed on
Feb 22, 2018
Sold by
Pitt Marion Est
Bought by
Pitt Kathie

Purchase Details

Listed on
May 18, 2012
Closed on
Jun 8, 2012
Sold by
Anderson Ryan A and Anderson Laura C
Bought by
Pitt Marion L and Pitt Norma J
Seller's Agent
Joanna Barnard
CBSHome Omaha
Buyer's Agent
Joanna Barnard
CBSHome Omaha
List Price
$70,000
Sold Price
$62,000
Premium/Discount to List
-$8,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
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
Anderson Loni S $115,000 --
Pitt Kathie -- --
Pitt Marion L $62,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Loni S $5,000
Open Anderson Loni S $111,925
Previous Owner Quinonez Leann $70,000
Previous Owner Dyer Leann Lynn $19,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2018 07/10/18 Sold $115,000 +5.5% $69 / Sq Ft
05/27/2018 05/27/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $109,000 +75.8% $66 / Sq Ft
06/08/2012 06/08/12 Sold $62,000 -11.4% $37 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $70,000 -- $42 / Sq Ft
Source: Southwest Iowa Association 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 $1,704 $129,847 $12,840 $117,007
2023 $1,334 $123,052 $12,840 $110,212
2022 $1,334 $86,886 $10,700 $76,186
2021 $1,300 $86,886 $10,700 $76,186
2020 $1,046 $74,117 $10,700 $63,417
2019 $1,148 $70,780 $0 $0
2018 $1,056 $70,780 $0 $0
2017 $1,056 $70,780 $0 $0
2016 $1,260 $80,342 $0 $0
2015 $1,260 $74,800 $0 $0
2014 $1,178 $74,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Iowa Association of Realtors®

MLS Number: 18-1030

Southwest Iowa Association of Realtors®

APN: 832900011091