507 2nd Ave Melbourne, IA 50162
4
Beds
2.5
Baths
1,293
Sq Ft
0.49
Acres
Highlights
- Ranch Style House
- Living Room
- Dining Room
- West Marshall High School Rated A-
- Forced Air Heating and Cooling System
- Family Room
About This Home
As of August 2024Discover the perfect blend of comfort and convenience in this well-kept home ideally located just 25 miles from Bondurant and less than 10 minutes from Marshalltown. Situated on a sprawling half-acre lot, this residence boasts a fully finished walkout basement, offering ample space for both relaxation and entertainment. Inside, marvel at the open concept living room and kitchen and enjoy the luxury of heated bathroom floors, and spacious bedrooms. This home’s serene neighborhood setting provides easy access to nearby amenities while offering a peaceful retreat with its landscaped yard and outdoor deck/patio area. Whether you're looking to unwind indoors or host gatherings outdoors, this property offers the ideal balance of modern comfort and country tranquility, and with an oversized driveway with room for 7+ vehicles, parking will never be an issue! Don’t miss out on the opportunity to make this your new home—schedule a showing today to experience all it has to offer!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,424
Year Built
- Built in 1976
Parking
- 2 Car Garage
Home Design
- Ranch Style House
- Vinyl Siding
Interior Spaces
- 1,293 Sq Ft Home
- Family Room
- Living Room
- Dining Room
Bedrooms and Bathrooms
- 4 Bedrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Additional Features
- 0.49 Acre Lot
- Forced Air Heating and Cooling System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2024
Closed on
Aug 23, 2024
Sold by
Sutherland Joe
Bought by
Mora Moises
Seller's Agent
John Peart
Legacy Real Estate
Buyer's Agent
John Peart
Legacy Real Estate
List Price
$259,900
Sold Price
$251,000
Premium/Discount to List
-$8,900
-3.42%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,204
Avg. Annual Appreciation
-7.43%
Original Mortgage
$256,396
Outstanding Balance
$254,830
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
-$21,411
Purchase Details
Closed on
Jul 10, 2017
Sold by
Randall Stan L and Randall Kris
Bought by
Koch Chad and Koch Melissa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
3.94%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 29, 2014
Sold by
Wulke Larry D and Wulke Mary L
Bought by
Koch Melissa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,244
Interest Rate
4.12%
Mortgage Type
FHA
Similar Home in Melbourne, IA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $251,000 | None Listed On Document | |
| Warranty Deed | $5,500 | None Available | |
| Warranty Deed | $127,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $256,396 | New Conventional | |
| Previous Owner | $176,000 | New Conventional | |
| Previous Owner | $140,851 | New Conventional | |
| Previous Owner | $25,000 | Commercial | |
| Previous Owner | $122,710 | FHA | |
| Previous Owner | $123,244 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2024 08/30/24 | Sold | $251,000 | -0.8% | $194 / Sq Ft |
| 07/31/2024 07/31/24 | Pending | -- | -- | -- |
| 07/30/2024 07/30/24 | Price Changed | $252,900 | -2.7% | $196 / Sq Ft |
| 06/25/2024 06/25/24 | For Sale | $259,900 | -- | $201 / Sq Ft |
Source: NoCoast MLS
Tax History Compared to Growth
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 | $2,362 | $178,900 | $9,890 | $169,010 |
| 2023 | $2,424 | $178,900 | $9,890 | $169,010 |
| 2022 | $2,380 | $139,560 | $9,890 | $129,670 |
| 2021 | $2,178 | $139,560 | $9,890 | $129,670 |
| 2020 | $2,177 | $122,320 | $9,890 | $112,430 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2024
John Peart
Legacy Real Estate
(515) 870-0000
9 Total Sales
Map
Source: NoCoast MLS
MLS Number: NOC6318701
APN: 8219-06-411-002
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