NOT LISTED FOR SALE

508 2nd St Neola, IA 51559

Estimated Value: $244,000 - $291,000

3 Beds
2 Baths
1,200 Sq Ft
$223/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $211,000 $176 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,703/month

Highlights

  • Ranch Style House
  • Living Room
  • Dining Room
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of February 2023

We're excited to bring this charming ranch-style home to the market in Neola, IA. The main level offers a gorgeous open-concept with 3 bedrooms and 2 full bathrooms... with expansive 10-foot ceilings in the primary bedroom that connects to the updated primary bathroom. The 40x30 detached, heated shed serves as a 2-car garage with ample space for a woodworking shop. Just off the kitchen is the wood deck that leads to a large, flat back yard! The unfinished basement offers ample space for storage or to be finished off, along with lower-level laundry services. This home has an updated furance, water heater, A/C, water softener, radon mitigation system, and beautiful vinyl siding. The washer, dryer, and kitchen appliances are negotiable to stay. The owner hopes you love the home as much as he has!

Last Agent to Sell the Property

Kevin Osborn

Osborn Realty License #*** Listed on: 01/17/2023

Last Buyer's Agent

Outside Agent-RLIT Outside Agent-RLIT

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,375

Year Built

  • Built in 1953

Lot Details

  • 0.27

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Heated Garage

Additional Features

  • 0.27 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,375

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Legal Description: NEOLA TOWN-JUDSONS 2ND ADD LT 9 BLK 1
  • Municipality: Neola
  • Year Built: 1953
  • OFFICELIST_ADDRESS: 508 2nd Street
  • Distribute To Internet: Yes
  • List Office I D: 2660
  • Sales Office I D: 2791
  • Selling Agent: 5068
  • Street Designation: Street
  • Building Style: Ranch
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: (4th) Bedroom
  • Total Bathrooms: 2
  • Basement: Unfinished
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Living Room: Living Room
  • Price Per S Q F T: 175.83
  • Above Grade Finished Sq Ft: 1200
  • Below Grade Total Sq Ft: 816
  • Total Finished Sq Ft: 1200

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Description: Detached Garage, Heated Garage, Driveway - Concrete
  • Fuel: Natural Gas
  • Garage Sq Ft: 1200

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 2
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Association/Amenities

  • Complex/Development/Subdivision: JUDSONS 2ND ADDITION

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.27
  • Geo Update Timestamp: 2023-01-17
  • Total Assessed Value: 147700
  • Assessment Pending: No
  • Homestead Description: Owner
  • Lot Dimensions: 11682 square feet
  • Lot Size Sq Ft: 11761
  • Lot Size Units: Acres
  • Zoning: Residential-Single Family

Tax Info

  • Tax Year: 2021
  • Gross Taxes: 4375

MLS Schools

  • School District: 6460 - Tri-Center

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Feb 15, 2023
Sold by
Ploen Nelson
Bought by
Becker Nancy Sue
Seller's Agent
Kevin Osborn
Osborn Realty
Buyer's Agent
Outside Agent-RLIT Outside Agent-RLIT
Outside Office
List Price
$209,000
Sold Price
$211,000
Premium/Discount to List
$2,000
0.96%
Views
2
Current Estimated Value
$267,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,465
Avg. Annual Appreciation
9.63%
Original Mortgage
$151,000
Outstanding Balance
$146,550
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$120,915

Purchase Details

Listed on
May 21, 2019
Closed on
Jun 25, 2019
Sold by
Franco Andre J and Franco Eva K
Bought by
Ploen Nelson
Seller's Agent
Shelly Jager
Key Real Estate
Buyer's Agent
Kevin Osborn
Jacobsen Real Estate
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%
Original Mortgage
$135,650
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2017
Closed on
Aug 24, 2017
Sold by
Kramer Timithy J
Bought by
Franco Andre J and Franco Eva K
Seller's Agent
Non Nonmember
Nonmember
Buyer's Agent
Shelly Jager
Key Real Estate
List Price
$122,500
Sold Price
$122,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Original Mortgage
$5,000
Interest Rate
3.93%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Closed on
Jul 25, 2013
Sold by
Hilgenberg Tyler and Hilgenberg Brooke
Bought by
Kramer Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,510
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2009
Sold by
Kramer Adam R and Kramer Kellie J
Bought by
Hilgenberg Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,634
Interest Rate
4.85%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 2006
Sold by
Weidner Bryan P
Bought by
Kramer Adam R and Kramer Kellie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.66%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Becker Nancy Sue $211,000 None Listed On Document
Ploen Nelson $145,000 None Available
Franco Andre J $122,500 Council Bluff Title
Kramer Timothy J $119,000 None Available
Hilgenberg Tyler $117,000 Title Services
Kramer Adam R $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becker Nancy Sue $151,000
Previous Owner Ploen Nelson $135,650
Previous Owner Ploen Nelson $5,000
Previous Owner Franco Andre $5,000
Previous Owner Franco Andre J $120,202
Previous Owner Kramer Timothy J $86,500
Previous Owner Kramer Timothy J $125,510
Previous Owner Hilgenberg Tyler $114,634
Previous Owner Kramer Adam R $175,000
Previous Owner Weidner Bryan P $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $211,000 +1.0% $176 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
01/17/2023 01/17/23 For Sale $209,000 +44.1% $174 / Sq Ft
06/28/2019 06/28/19 Sold $145,000 0.0% $121 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $145,000 +18.4% $121 / Sq Ft
08/31/2017 08/31/17 Sold $122,500 0.0% $102 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $122,500 -- $102 / 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 $3,336 $200,500 $20,900 $179,600
2023 $3,298 $200,500 $20,900 $179,600
2022 $2,872 $147,700 $20,900 $126,800
2021 $4,375 $147,700 $20,900 $126,800
2020 $2,658 $147,700 $20,900 $126,800
2019 $2,672 $133,400 $11,666 $121,734
2018 $2,442 $133,400 $11,666 $121,734
2017 $2,442 $108,653 $11,666 $96,987
2015 $1,982 $108,653 $11,666 $96,987
2014 $2,018 $108,653 $11,666 $96,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6305178

NoCoast MLS

APN: 7742-24-427-002