NOT LISTED FOR SALE

507 E Prospect St Red Oak, IA 51566

Estimated Value: $45,000 - $66,000

2 Beds
1 Bath
1,040 Sq Ft
$53/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $39,500 $38 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $353/month

1 Day on Market

Highlights

  • Main Floor Bedroom
  • Forced Air Heating System
  • Dining Room
  • Living Room

About This Home

As of November 2022

This home is located at 507 E Prospect St, Red Oak, IA 51566 since 06 October 2022 and is currently estimated at $54,838, approximately $52 per square foot. This property was built in 1900. 507 E Prospect St is a home located in Montgomery County with nearby schools including Red Oak Early Childhood Center, Red Oak Middle School, and Red Oak High School.

Last Listed By

Rhonda Byers

McIntyre Real Estate LLC Listed on: 10/06/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $612

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 60 x 180

Parking

  • Carport

Interior Spaces

  • 1,040 Sq Ft Home
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$612

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Construction Status: Previously Owned
  • Legal Description: NE ADD LT 9 BLK 94 per Beacon report
  • Municipality: Red Oak
  • Year Built: 1900
  • OFFICELIST_ADDRESS: 507 E Prospect Street
  • Distribute To Internet: Yes
  • List Office I D: 241
  • Sales Office I D: 241
  • Selling Agent: 1429
  • Street Designation: Street
  • Building Style: Other (see remarks)
  • Bedroom 1 Level: Main
  • Special Features: None

Interior Features

  • Common Walls: No
  • Living Area Units: Square Feet
  • Bedrooms: 2
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: No
  • Bedroom 4: No
  • Total Bathrooms: 1
  • Basement: Partial, Crawl Space
  • Dining Room: Dining Room
  • Family Room: No
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Price Per S Q F T: 37.98
  • Above Grade Finished Sq Ft: 1040
  • Below Grade Total Sq Ft: 320
  • Fireplace: No
  • Total Finished Sq Ft: 1040
  • Bedroom 2 Level: Main
  • Dining Room Level: Main
  • Living Room Level: Main

Exterior Features

  • Exterior: Other

Garage/Parking

  • Description: Carport
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Window
  • Heating: Forced Air
  • Water: City Water/Connected

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.25
  • Geo Update Timestamp: 2022-10-06
  • Assessment Pending: Unknown
  • Homestead Description: Owner
  • Lot Dimensions: 60 x 180
  • Lot Size Sq Ft: 10890
  • Lot Size Units: Acres
  • Zoning: Residential-Single Family

Rental Info

  • Rental License: No

Tax Info

  • Tax Year: 2022
  • Gross Taxes: 612
  • Net Taxes: 382

MLS Schools

  • School District: 5463 - Red Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Nov 3, 2022
Sold by
Hart Robert D and Hart Leslie
Bought by
Svendsen Steven J
Seller's Agent
Rhonda Byers
McIntyre Real Estate LLC
Buyer's Agent
Rhonda Byers
McIntyre Real Estate LLC
List Price
$39,500
Sold Price
$39,500
Total Days on Market
1
Current Estimated Value
$54,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,338
Avg. Annual Appreciation
13.92%
Original Mortgage
$37,525
Outstanding Balance
$36,615
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$17,952

Purchase Details

Closed on
Oct 31, 2006
Sold by
Hart Ronald D and Hart Tressie D
Bought by
Hart Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,200
Interest Rate
6.45%
Mortgage Type
New Conventional

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
Svendsen Steven J $39,500 Midwest Title
Hart Robert D $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Svendsen Steven J $37,525
Previous Owner Hart Robert D $34,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $39,500 0.0% $38 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $39,500 -- $38 / Sq Ft
Source: NoCoast MLS

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 $582 $36,270 $6,720 $29,550
2023 $744 $36,270 $6,720 $29,550
2022 $698 $27,550 $6,720 $20,830
2021 $382 $27,550 $6,720 $20,830
2020 $382 $26,250 $6,720 $19,530
2019 $450 $26,250 $6,720 $19,530
2018 $426 $28,850 $0 $0
2017 $426 $28,850 $0 $0
2015 $402 $28,850 $0 $0
2014 $284 $23,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rhonda Byers

    McIntyre Real Estate LLC

    (712) 215-0448

    76 Total Sales

    Rhonda Byers
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Map

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Source: NoCoast MLS

MLS Number: NOC6303138

NoCoast MLS

APN: 600-62-81-350110-00

Iowa Montgomery County Red Oak 51566

507 E Prospect St, Red Oak, IA

Homes for Sale in Red Oak, IA

This home is located at 507 E Prospect St, Red Oak, IA 51566 since 06 October 2022 and is currently estimated at $54,838, approximately $52 per square foot. This property was built in 1900. 507 E Prospect St is a home located in Montgomery County with nearby schools including Red Oak Early Childhood Center, Red Oak Middle School, and Red Oak 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.

NoCoast MLS 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.