NOT LISTED FOR SALE

507 1st Ave Charles City, IA 50616

Estimated Value: $69,000 - $91,000

2 Beds
2 Baths
728 Sq Ft
$107/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $56,000 $77 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $510/month

68 Days on Market

About This Home

As of February 2021

Up - Down duplex-2-one bedroom apartments in this 2-story home. Great investment property with a double garage in a great location.

Last Agent to Sell the Property

Karmen Schwake

Oakridge Real Estate License #B3920000 Listed on: 11/17/2020

Oakridge Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1930

Lot Details

  • 5,900 Sq Ft Lot
  • Lot Dimensions are 50x118

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Slate

Interior Spaces

  • 2-Story Property
  • Interior Basement Entry
  • Laundry on lower level

Parking

  • Garage
  • 2 Open Parking Spaces
  • Parking Available
  • On-Street Parking

Schools

  • Charles City Elementary And Middle School
  • Charles City High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Water Sewer Expense $85

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 0041207133008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,000

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Parcel Number: 0041207133008
  • Year Built: 1930
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.135
  • Road Frontage Type: Hard Surface Road
  • Co List Office Phone: 319-266-8080
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 728
  • Architectural Style: Two Story
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Entrance-Inside
  • Below Grade Sq Ft: 728

Exterior Features

  • Construction Type: Slate
  • Siding: Slate

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: Detached, Garage, On Street, Parking Space, Street Parking

Utilities

  • Cooling: None
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Utilities: Elec Individual Meters
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 85

Schools

  • Elementary School: Charles City
  • High School: Charles City
  • Middle Or Junior School: Charles City

Lot Info

  • Zoning: R-S
  • Lot Dimensions: 50x118
  • Lot Size Sq Ft: 5900

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: Month To Month

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2020
Closed on
Feb 25, 2021
Sold by
Brown Jacob W and Brown Toni J
Bought by
Hansen Robert L
Seller's Agent
Karmen Schwake
Oakridge Real Estate
List Price
$64,000
Sold Price
$56,000
Premium/Discount to List
-$8,000
-12.5%
Current Estimated Value
$77,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,560
Avg. Annual Appreciation
7.29%
Original Mortgage
$0
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2017
Closed on
Jul 20, 2017
Sold by
Linderman Ronald L and Linderman Dianne K
Bought by
Brown Jacob W and Brown Toni J
Seller's Agent
Gene Parson
Parson Real Estate
List Price
$55,000
Sold Price
$52,000
Premium/Discount to List
-$3,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.09%
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
Hansen Robert L $56,000 None Listed On Document
Brown Jacob W $52,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hansen Robert L $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2021 02/26/21 Sold $56,000 -12.5% $77 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
11/17/2020 11/17/20 For Sale $64,000 +23.1% $88 / Sq Ft
07/28/2017 07/28/17 Sold $52,000 -5.5% $71 / Sq Ft View Prior Sale
06/12/2017 06/12/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $55,000 -- $76 / 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 $1,192 $66,950 $7,090 $59,860
2023 $1,080 $66,950 $7,090 $59,860
2022 $1,076 $51,230 $7,090 $44,140
2021 $1,082 $51,230 $7,090 $44,140
2020 $1,082 $51,230 $7,090 $44,140
2019 $1,126 $57,860 $8,490 $49,370
2018 $1,052 $52,900 $8,490 $44,410
2017 $1,004 $52,900 $8,490 $44,410
2016 $986 $52,900 $8,490 $44,410
2015 $986 $49,570 $8,490 $41,080
2014 -- $49,570 $8,490 $41,080
Source: Public Records

Agents Affiliated with this Home

  • Karmen Schwake

    Seller's Agent in 2021

    Karmen Schwake

    Oakridge Real Estate

    (319) 239-1281

    2 in this area

    81 Total Sales

    Karmen Schwake
    Section Image

  • G

    Seller's Agent in 2017

    Gene Parson

    Parson Real Estate

    (641) 220-0251

    1 in this area

    2 Total Sales

    Gene Parson
    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20205764

Northeast Iowa Regional Board of REALTORS®

APN: 12-07-133-008-00

Iowa Floyd County Charles City 50616

507 1st Ave, Charles City, IA

This home is located at 507 1st Ave, Charles City, IA 50616 since 17 November 2020 and is currently estimated at $77,560, approximately $106 per square foot. This property was built in 1930. 507 1st Ave is a home located in Floyd County with nearby schools including Charles City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northeast Iowa Regional Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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