NOT LISTED FOR SALE

507 N Monroe Ave Mason City, IA 50401

Estimated Value: $90,000 - $134,000

4 Beds
2 Baths
1,224 Sq Ft
$87/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $35,000 $29 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $696/month

61 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Privacy Fence
  • Enclosed Patio or Porch
  • Ceiling Fan
  • Level Lot

About This Home

As of December 2022

Opportunity for an investor to acquire, rehab the interior, and lease out OR for an owner-occupant to acquire and put your own sweat-equity into the interior remodeling for pride of ownership.

Last Agent to Sell the Property

Kevin Kolbet

Kolbet Realtors License #B01509 Listed on: 10/06/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 5,852 Sq Ft Lot
  • Lot Dimensions are 44'x133'
  • Privacy Fence
  • Fenced
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,224 Sq Ft Home
  • Ceiling Fan
  • Partially Finished Basement
  • Interior Basement Entry
  • Laundry on main level

Kitchen

  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Mason City Elementary And Middle School
  • Mason City High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • J.C. Williams Addition To Mason City, Iowa Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070445900500

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Parcel Number: 070445900500
  • Year Built: 1900
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.13
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Crushed Rock
  • Co List Office Phone: 641-732-3337
  • MLS Status: Closed
  • Subdivision Name: J.C. Williams Addition to Mason City, Iowa
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan(s), Ceiling Fan/Light
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1224
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, MicroHood, Microwave, Microwave Built In, Gas Water Heater
  • Basement: Block, Entrance-Inside, Floor Drain, Partially Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • BelowGradeArea: 528

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Sidewalk, Fenced Yard, Porch-Enclosed, Fence Privacy

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage, Oversized

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

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

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 44'x133'
  • Lot Size Sq Ft: 5852
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1458

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2023
Sold by
Burgos Jonathan and Burgos Shanda M
Bought by
Lockie Marylynn K
Current Estimated Value
$106,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,530
Outstanding Balance
$142,248
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
-$35,625

Purchase Details

Closed on
Dec 9, 2023
Sold by
2Nd Chances Llc
Bought by
Lockie Marylynn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,530
Outstanding Balance
$142,248
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
-$35,625

Purchase Details

Listed on
Oct 6, 2022
Closed on
Dec 21, 2022
Sold by
Cadog Management Group Llc
Bought by
2Nd Chances Llc
Seller's Agent
Kevin Kolbet
Kolbet Realtors
List Price
$50,000
Sold Price
$35,000
Premium/Discount to List
-$15,000
-30%
Views
99

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.23%

Purchase Details

Closed on
Aug 18, 2022
Sold by
Kevin Pals
Bought by
Cadog Management Group Llc

Purchase Details

Listed on
Aug 23, 2011
Closed on
Aug 1, 2012
Sold by
Deardeuff Christopher J and Deardeuff Marcia L
Bought by
Hernandez Cori J and Wates Wesley R
Seller's Agent
Jane Fischer
Jane Fischer & Associates LLC
Buyer's Agent
Dodie Wilkins
Century 21 Preferred
List Price
$76,000
Sold Price
$72,000
Premium/Discount to List
-$4,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%
Original Mortgage
$70,695
Interest Rate
3.65%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2010
Sold by
Deardeuff Christopher J and Deardeuff Marcia L
Bought by
Deardeuff Christopher J and Deardeuff Marcia L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lockie Marylynn K $74,500 Great Plains Title
Lockie Marylynn K $74,500 None Listed On Document
2Nd Chances Llc $35,000 --
Cadog Management Group Llc $5,501 None Listed On Document
Hernandez Cori J $72,000 None Available
Deardeuff Christopher J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lockie Marylynn K $144,530
Previous Owner Hernandez Cori J $70,695
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2022 12/29/22 Sold $35,000 -30.0% $29 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $50,000 -30.6% $41 / Sq Ft
08/01/2012 08/01/12 Sold $72,000 -5.3% $50 / Sq Ft View Prior Sale
06/19/2012 06/19/12 Pending -- -- --
08/23/2011 08/23/11 For Sale $76,000 -- $53 / 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 $1,624 $101,470 $10,110 $91,360
2023 $1,456 $101,470 $10,110 $91,360
2022 $1,458 $82,400 $7,780 $74,620
2021 $1,500 $79,840 $7,780 $72,060
2020 $1,647 $75,980 $7,780 $68,200
2019 $1,306 $0 $0 $0
2018 $1,282 $0 $0 $0
2017 $1,316 $0 $0 $0
2016 $1,280 $0 $0 $0
2015 $1,280 $0 $0 $0
2014 $1,196 $0 $0 $0
2013 $1,148 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Kolbet

    Seller's Agent in 2022

    Kevin Kolbet

    Kolbet Realtors

    (641) 732-3612

    241 Total Sales

    Kevin Kolbet
    Section Image
  • Jane Fischer

    Seller's Agent in 2012

    Jane Fischer

    Jane Fischer & Associates LLC

    (641) 425-4900

    486 Total Sales

    Jane Fischer
    Section Image
  • Dodie Wilkins

    Buyer's Agent in 2012

    Dodie Wilkins

    Century 21 Preferred

    (641) 425-9852

    481 Total Sales

    Dodie Wilkins
    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20224734

Northeast Iowa Regional Board of REALTORS®

APN: 07-04-459-00-500

Iowa Cerro Gordo County Mason City 50401

507 N Monroe Ave, Mason City, IA

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