508 5th Ave SE Independence, IA 50644
3
Beds
2
Baths
1,360
Sq Ft
0.26
Acres
About This Home
As of July 2025Beautiful ranch home in premium new Independence neighborhood. This fabulous newer built 3 bedroom/ 2 bath luxury home is just steps from the new community water park. This move-in ready home is situated on a quarter acre lot. The property offers both modern appeal and flexibility to finish the full-sized basement and add another bedroom, full bath and living room. The open concept floor plan boasts generous natural light with the high ceilings, a spacious living area, and a modern kitchen featuring ample counter space, stainless appliances, and a large island perfect for gatherings. Enjoy the main-floor primary suite with a walk-in closet and private bath. Two additional main floor bedrooms offer space for guests, family, or a home office. Additionally, the main floor has a laundry room and ample closet space. The unfinished basement is fully framed, electrical completed, and stubbed for a full bath. Add tremendous value and double your living space as you design your dream lower level. The backyard is ideal for entertaining, relaxing, or your next landscaping dream. Schedule your showing today!
Last Agent to Sell the Property
Skogman Realty License #S67797000 Listed on: 05/21/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,485
Year Built
- Built in 2020
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 66 x 168
Parking
- 2 Car Garage
Home Design
- Concrete Foundation
- Asphalt Roof
- Stone Siding
- Vinyl Siding
- Radon Mitigation System
Interior Spaces
- 1,360 Sq Ft Home
- Ceiling Fan
- Unfinished Basement
- Sump Pump
- Fire and Smoke Detector
Kitchen
- Free-Standing Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Washer
Schools
- Independence Elementary And Middle School
- Independence High School
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 1003308005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2025
Closed on
Jul 16, 2025
Sold by
Becker Cody R and Becker Mckenzie
Bought by
Drake Lana
Seller's Agent
Bond Shymansky
Skogman Realty
Buyer's Agent
Lori Beierschmitt
Advanced, Realtors LLC
List Price
$309,900
Sold Price
$306,500
Premium/Discount to List
-$3,400
-1.1%
Views
36
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-40.16%
Purchase Details
Listed on
Feb 29, 2020
Closed on
Apr 27, 2021
Sold by
Midwest Development Co
Bought by
Becker Cody R and Becker Mckenzie
Seller's Agent
Kristine Baldwin
Skogman Realty
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$254,235
Sold Price
$256,000
Premium/Discount to List
$1,765
0.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$259,842
Interest Rate
3.1%
Mortgage Type
VA
Similar Homes in Independence, IA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $306,500 | None Listed On Document | |
| Warranty Deed | $256,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $259,842 | VA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | Sold | $306,500 | -1.1% | $225 / Sq Ft |
| 05/21/2025 05/21/25 | For Sale | $309,900 | +21.1% | $228 / Sq Ft |
| 05/07/2021 05/07/21 | Sold | $256,000 | -1.0% | $188 / Sq Ft |
| 03/22/2021 03/22/21 | Pending | -- | -- | -- |
| 10/02/2020 10/02/20 | Price Changed | $258,512 | +3.4% | $190 / Sq Ft |
| 08/25/2020 08/25/20 | Price Changed | $249,900 | -3.3% | $184 / Sq Ft |
| 03/30/2020 03/30/20 | Price Changed | $258,512 | +1.7% | $190 / Sq Ft |
| 02/29/2020 02/29/20 | For Sale | $254,235 | -- | $187 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
Tax History Compared to Growth
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 | $4,970 | $255,690 | $21,950 | $233,740 |
| 2023 | $4,970 | $255,690 | $21,950 | $233,740 |
| 2022 | $4,386 | $208,430 | $17,790 | $190,640 |
| 2021 | $54 | $208,430 | $17,790 | $190,640 |
| 2020 | $54 | $2,410 | $2,410 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bond Shymansky
Seller's Agent in 2025
Bond Shymansky
Skogman Realty
(319) 930-8441
2 in this area
67 Total Sales
-
Lori Beierschmitt
Buyer's Agent in 2025
Lori Beierschmitt
Advanced, Realtors LLC
(319) 238-1700
8 in this area
151 Total Sales
-
Kristine Baldwin
Seller's Agent in 2021
Kristine Baldwin
Skogman Realty
(563) 920-9194
22 in this area
129 Total Sales
-
Donald Fieldhouse
D
Buyer's Agent in 2021
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
(239) 774-6598
39 in this area
4,938 Total Sales
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20252338
APN: 1003308005
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