NOT LISTED FOR SALE

508 3rd Ave SE Independence, IA 50644

Estimated Value: $153,837 - $178,000

2 Beds
1 Bath
1,143 Sq Ft
$141/Sq Ft Est. Value

Last Sold May 18, 2017

Last sale price $98,500 $86 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $980/month

349 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Porch
  • Deck
  • 1 Car Detached Garage
  • Patio

About This Home

As of May 2017

This 2 bedroom ranch with washer/dryer and office located on the main level is ideal for the homeowner who wants to downsize or the first time homebuyer. Full unfinished basement with lots of storage. Detached garage with concrete drive that allows you to turn around before exiting unto street. New bathroom counter 2016, water conditioner/softener new 2014. This is a MUST SEE!

Last Agent to Sell the Property

Becky Karsten

Ohl Iowa Realty, Inc License #B35336000 Listed on: 04/14/2016

Ohl Iowa Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,686

Year Built

  • Built in 1950

Lot Details

  • 5,478 Sq Ft Lot
  • Lot Dimensions are 66 x 83
  • Property is zoned R-2

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,143 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • City Views
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Independence Elementary And Middle School
  • Independence High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Water Conditioner

Listing and Financial Details

  • Assessor Parcel Number 1004432003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,686

Year Built

Built in 1950

Lot Details

5,478 Sq Ft Lot

Listing Details

  • Parcel Number: 1004432003
  • Year Built: 1950
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor, Dryer Hookup-Gas, Laundry Room, Washer Hookup
  • ResoLotFeatures: City View
  • Lot Size Acres: 0.126
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-334-9258
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Interior Features: Hardwood Floors
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1143
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Microwave Built In, Free-Standing Range, Refrigerator, Washer, Water Conditioner, Gas Water Heater, Water Softener, Water Softener Owned
  • Basement: Block, Floor Drain, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 1143

Exterior Features

  • Construction Type: Aluminum Siding
  • Exterior Features: Sidewalk, Deck, Patio, Porch

Garage/Parking

  • Parking Features: 1 Stall, Detached Garage

Utilities

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

Schools

  • Elementary School: Independence
  • High School: Independence
  • Middle Or Junior School: Independence

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 66 x 83
  • Lot Size Sq Ft: 5478
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1686

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2016
Closed on
May 11, 2017
Sold by
Rohrick Craig R and Rohrick Carolyn J
Bought by
Hand David I and Hand Karyl J
Seller's Agent
Becky Karsten
Ohl Iowa Realty, Inc
List Price
$110,000
Sold Price
$98,500
Premium/Discount to List
-$11,500
-10.45%
Current Estimated Value
$161,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,209
Avg. Annual Appreciation
5.83%
Original Mortgage
$59,500
Outstanding Balance
$30,828
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$130,881
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hand David I $98,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hand David I $59,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2017 05/18/17 Sold $98,500 -10.5% $86 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
04/14/2016 04/14/16 For Sale $110,000 -- $96 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

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
2025 $1,768 $139,800 $13,370 $126,430
2024 $1,768 $120,590 $11,940 $108,650
2023 $1,836 $120,590 $11,940 $108,650
2022 $1,880 $101,670 $9,470 $92,200
2021 $1,866 $101,670 $9,470 $92,200
2020 $1,866 $93,930 $8,610 $85,320
2019 $1,796 $93,930 $8,610 $85,320
2018 $1,536 $89,800 $8,610 $81,190
2017 $1,522 $81,660 $8,610 $73,050
2016 $1,494 $76,520 $5,130 $71,390
2015 $1,494 $76,520 $5,130 $71,390
2014 $1,524 $76,520 $5,130 $71,390
Source: Public Records

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20162066

Northeast Iowa Regional Board of REALTORS®

APN: 10.04.432.003

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