NOT LISTED FOR SALE

507 2nd Ave Charles City, IA 50616

Estimated Value: $148,760 - $167,000

3 Beds
1.5 Baths
1,604 Sq Ft
$97/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $140,000 $87 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,035/month

2 Days on Market

Highlights

  • Porch
  • Forced Air Heating and Cooling System
  • Gas Fireplace
  • 1 Car Attached Garage

About This Home

As of November 2022

Wonderfully spacious home in a prime neighborhood. So much warmth you'll want to make this home your own. Three bedroom home with a large living room, dining room and eat-in nook, this home would also be great for hosting family events. The spacious basement includes walkout access and lots of possibilities for future living space. Local schools, many parks and downtown entertainment are just a short distance away.

Last Agent to Sell the Property

Michael Hammond GRI

Charles City Realty License #S8332 Listed on: 10/02/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,256

Year Built

  • Built in 1947

Lot Details

  • 8,184 Sq Ft Lot
  • Lot Dimensions are 66 x 124
  • Property is zoned R-2

Parking

  • 1 Car Attached Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,604 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Unfinished Basement
  • Interior and Exterior Basement Entry
  • Fire and Smoke Detector
  • Free-Standing Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 120713201100

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,256

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Parcel Number: 120713201100
  • Year Built: 1947
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Lot Size Acres: 0.188
  • Road Surface Type: Concrete
  • Co List Office Phone: 641-228-8020
  • MLS Status: Closed
  • Reso Fireplace Features: One, Gas, Living Room
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1604
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Free-Standing Range, Refrigerator, Vented Exhaust Fan
  • Basement: Block, Entrance-Inside, Entrance-Outside, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • BelowGradeArea: 684

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Porch

Garage/Parking

  • Parking Features: 1 Stall, Attached Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

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

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 66 x 124
  • Lot Size Sq Ft: 8184
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2022
Closed on
Nov 21, 2022
Sold by
Pittman Jon Mark
Bought by
Nalla Seshadri and Nalla Yasaswini Devi
Seller's Agent
Michael Hammond GRI
Charles City Realty
List Price
$139,500
Sold Price
$140,000
Premium/Discount to List
$500
0.36%
Views
3
Current Estimated Value
$156,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,190
Avg. Annual Appreciation
3.89%
Original Mortgage
$133,000
Outstanding Balance
$118,621
Interest Rate
6.36%
Mortgage Type
New Conventional
Estimated Equity
$37,569

Purchase Details

Closed on
Aug 14, 2022
Sold by
Rau Mary Linda and Rau Stephen Lewis
Bought by
Pittman Jon Mark

Purchase Details

Closed on
Jul 18, 2022
Sold by
Lois Pittman M
Bought by
Pittman Jon Mark and Rau Mary Linda
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
Nalla Seshadri $140,000 --
Pittman Jon Mark -- None Listed On Document
Pittman Jon Mark -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nalla Seshadri $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2022 11/28/22 Sold $140,000 +0.4% $87 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
10/02/2022 10/02/22 For Sale $139,500 -- $87 / 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 $2,482 $149,650 $14,550 $135,100
2023 $2,268 $149,650 $14,550 $135,100
2022 $2,256 $119,840 $14,550 $105,290
2021 $2,282 $119,840 $14,550 $105,290
2020 $2,282 $119,840 $14,550 $105,290
2019 $1,826 $108,210 $11,320 $96,890
2018 $1,700 $97,590 $11,320 $86,270
2017 $1,656 $97,590 $11,320 $86,270
2016 $1,622 $97,590 $11,320 $86,270
2015 $1,622 $93,490 $11,320 $82,170
2014 $1,660 $93,490 $11,320 $82,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20224645

Northeast Iowa Regional Board of REALTORS®

APN: 12-07-132-011-00