NOT LISTED FOR SALE

507 2nd Ave Malvern, IA 51551

Estimated Value: $189,861 - $205,000

3 Beds
1 Bath
2,856 Sq Ft
$69/Sq Ft Est. Value

Sale Details

Date Sold: August 16, 2021

Last sale price $154,000 $54 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,277 / mo

14 Days on Market

Highlights

  • Private Entrance
  • East Mills Jr. Sr. High School Rated A-
  • Heating Available

About This Home

As of August 2021

Invest in your future and a great community. This duplex is located in the heart of Malvern and has great potential for rental property or whatever you want it to be! Rear entrance parking off street available as well as street parking in front. Added half baths on main make this a great starter place for sure! Main floor includes the laundry, half bath, kitchen, dining area, huge office/ nonconforming main floor with a closet, large living room. Up stairs you find 2 spacious bedrooms and a full bath. many updates have been made. Don't wait to make your move!

Last Agent to Sell the Property

Stephanie Bowden

Better Homes and Gardens Real Estate The Good Life Group License #S66008000 Listed on: 08/16/2021

Better Homes and Gardens Real Estate The Good Life Group

Co-Listed By

April Tucker

Better Homes and Gardens Real Estate The Good Life Group License #S64488000

Last Buyer's Agent

Sam Lauritsen

eXp Realty License #S67550000

eXp Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Home Design

  • 2,856 Sq Ft Home
  • Duplex
  • Frame Construction
  • Composition Roof

Schools

  • East Mills Middle School
  • East Mills High School

Additional Features

  • Washer and Dryer Hookup
  • Private Entrance
  • Heating Available

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for gas, electricity, water, garbage

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Property Type: MultiFamily
  • Lot Size: 60x120
  • Co List Office Mls Id: bhg1
  • Co List Office Phone: 402-932-5989
  • Co List Office Mls Id: bhg1
  • Features: Carpets, W/D Hookups, Private Entrance
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Refrigerator, Range, None, Other
  • Owner Pays: Gas, Electricity, Water, Garbage, None

Exterior Features

  • Roof: Composition
  • Roof: Composition
  • Exterior: Frame

Garage/Parking

  • General Property Description: Garage: None

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • HeatCooling: Forced Air, Natural Gas

Schools

  • Elementary School: Other
  • High School: East Mills
  • Middle Or Junior School: East Mills Middle School

Lot Info

  • Zoning: RESIDENTIAL

Building Info

  • Year Built: 1890

Multi Family

  • Number Of Units Total: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2025
Sold by
Bought by
Current Estimated Value
$197,431

Purchase Details

Closed on
Mar 10, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,750
Interest Rate
0.0392%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $165,750
Previous Owner $115,500
Previous Owner $57,244
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/16/2021 08/16/21 Sold $154,000 -3.1% $54 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $159,000 0.0% $56 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $159,000 -- $56 / Sq Ft
Source: Southwest Iowa Association of Realtors®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,314 $158,236 $11,040 $147,196
2024 $2,314 $141,728 $11,040 $130,688
2023 $2,318 $157,460 $2,760 $154,700
2022 $1,568 $115,016 $2,760 $112,256
2021 $1,278 $80,475 $2,760 $77,715
2020 $1,278 $66,345 $2,760 $63,585
2019 $1,292 $62,813 $0 $0
2018 $1,334 $62,813 $0 $0
2017 $1,264 $60,083 $0 $0
2016 $1,198 $60,083 $0 $0
2015 $1,200 $60,083 $0 $0
2014 $1,256 $60,083 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Iowa Association of Realtors®

MLS Number: 21-1502

Southwest Iowa Association of Realtors®

APN: 084160000000000

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