NOT LISTED FOR SALE

507 2nd St Neola, IA 51559

Estimated Value: $215,000 - $261,000

2 Beds
1 Bath
1,782 Sq Ft
$134/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $218,000 $122 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,624/month

1 Day on Market

Highlights

  • No HOA
  • Enclosed patio or porch
  • Living Room
  • 4 Car Detached Garage
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of May 2024

Welcome to this 2-bedroom house nestled within the vibrant City of Neola. Set on a spacious .27-acre lot, this property boasts a detached garage and an interior that's sure to impress. As you approach, the neatly landscaped front yard adds to the curb appeal, while the paved driveway leads you to the detached garage, offering ample parking and storage space. Step inside, and you'll be greeted by an inviting living space that seamlessly blends modern design with functionality. The layout creates a sense of spaciousness, the kitchen is the heart of the home, featuring clean lines, updated cabinetry, and top-of-the-line stainless steel appliances.

Last Agent to Sell the Property

Leland Barr

Keller Williams Realty License #S70660000 Listed on: 04/25/2024

Co-Listed By

Mackenzie Shelton

Keller Williams Realty License #S66260000

Last Buyer's Agent

Yvette Purdue

Heartland Properties License #S65508000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,172

Year Built

  • Built in 1920

Lot Details

  • 0.27

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Partially Finished Basement

  • Partial Basement
  • Recreation or Family Area in Basement

Parking

  • 4 Car Detached Garage
  • Heated Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Enclosed patio or porch

Schools

  • Tri-Center Elementary And Middle School
  • Tri-Center High School

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,172

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Air Conditioner: Electric Central
  • Basement: Partial
  • Basement: Family Room, Partial, Partially Finished
  • Dining Facilities: Eat In Kitchen
  • Fireplace: No
  • Interior Amenities: Ceiling Fans, Water Soft-Own
  • Kitchen Features: Dishwasher, Refrigerator, Electric Range
  • Laundry: Dryer Hookup, Washer Hookup, Main Floor
  • Lower Tri Level: Family Room
  • Main Level: Baths, Kitchen, Primary Bedroom, Other Bedrooms, Living Room, Dining
  • Ramp Access: No
  • Second Level: None
  • Sq Ft Basement Finished: 350.00
  • Sq Ft Main Floor: 1432.00
  • Stories: 1.0
  • Total Basement Sq Ft: 459.00
  • Total Finished Sq Ft: 1782.00
  • Total Above Ground Finished Sq Ft: 1432.00

Beds/Baths

  • Bathrooms Above Grade: 1
  • Bathrooms Below Grade: None
  • Above Grade Bedrooms: 2
  • Below Grade Bedrooms: None
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2

Exterior Features

  • Exterior Amenities: Enclosed Porch, Perm Siding
  • New Construction: N
  • Roof: Composition
  • Site Amenities: Concrete Road, Off Street Parking
  • Style: Ranch

Garage/Parking

  • Garage: 4
  • Garage Features: Cabinets, Garage Door Opener, Heated, Extra Storage, Electric
  • Garage Type: Detached

Utilities

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

Association/Amenities

  • Association Fee: N

Schools

  • School District: Tri-Center
  • Elementary School: Tri-Center
  • Middle School: Tri-Center
  • High School: Tri-Center
  • Elementary School: Tri-Center
  • High School: Tri-Center
  • Jr High: Tri-Center
  • School District: Tri-Center

Lot Info

  • Flood Insurance: Not Required
  • Lot Size: .27 acres
  • Lot Size Range: Over 1/4 up to 1/2 Acre

Building Info

  • Construction: Frame
  • Year Built: 1920

Tax Info

  • Current REIDS Year Paid: N
  • First Time Home Buyer Credit: No
  • Gross Taxes: 3171.32
  • Net Taxes: 3172.00
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
May 22, 2024
Sold by
Barr Shelly A
Bought by
Osbahr Kimberly A
Seller's Agent
Leland Barr
Keller Williams Realty
Buyer's Agent
Yvette Purdue
Heartland Properties
List Price
$209,000
Sold Price
$218,000
Premium/Discount to List
$9,000
4.31%
Views
7
Current Estimated Value
$244,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,172
Avg. Annual Appreciation
4.56%
Original Mortgage
$163,500
Outstanding Balance
$160,232
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$69,854

Purchase Details

Closed on
Mar 8, 2021
Sold by
Barr Timothy L
Bought by
Barr Shelly A

Purchase Details

Listed on
Sep 15, 2020
Closed on
Oct 24, 2020
Sold by
Courtier Troy A and Courtier Lydia
Bought by
Barr Shelly A
Buyer's Agent
Mackenzie Shelton
Keller Williams Realty
List Price
$165,000
Sold Price
$167,000
Premium/Discount to List
$2,000
1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$150,300
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 30, 2012
Closed on
Mar 14, 2013
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Courtier Troy A
Seller's Agent
Jay Kathol
Heartland Properties
Buyer's Agent
Jay Kathol
Heartland Properties
List Price
$42,000
Sold Price
$58,001
Premium/Discount to List
$16,001
38.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.89%
Original Mortgage
$59,184
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2012
Sold by
Wells Fargo Bank Na
Bought by
The Department Of Housing & Urban Develo

Purchase Details

Closed on
Feb 2, 2006
Sold by
Ring Antoinette Marie
Bought by
Ring Darin James
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
Osbahr Kimberly A $218,000 None Listed On Document
Barr Shelly A -- None Available
Barr Shelly A $167,000 None Available
Courtier Troy A -- None Available
The Department Of Housing & Urban Develo -- None Available
Ring Darin James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osbahr Kimberly A $163,500
Previous Owner Barr Shelly A $150,300
Previous Owner Courtier Troy A $59,184
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $218,000 +4.3% $122 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $209,000 +25.1% $117 / Sq Ft
10/26/2020 10/26/20 Sold $167,000 +1.2% $94 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $165,000 +184.5% $93 / Sq Ft
03/14/2013 03/14/13 Sold $58,001 +38.1% $38 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
11/30/2012 11/30/12 For Sale $42,000 -- $28 / 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 $3,314 $190,900 $20,900 $170,000
2023 $3,314 $190,900 $20,900 $170,000
2022 $3,068 $157,700 $20,900 $136,800
2021 $4,060 $157,700 $20,900 $136,800
2020 $1,642 $106,100 $20,900 $85,200
2019 $1,656 $91,241 $11,666 $79,575
2018 $1,616 $91,241 $11,666 $79,575
2017 $1,634 $91,241 $11,666 $79,575
2015 $1,810 $91,241 $11,666 $79,575
2014 $1,842 $91,241 $11,666 $79,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Iowa Association of Realtors®

MLS Number: 24-739

Southwest Iowa Association of Realtors®

APN: 7742-24-406-008