NOT LISTED FOR SALE

508 E 1st St Spencer, IA 51301

Estimated Value: $73,000 - $96,554

1 Bed
1 Bath
683 Sq Ft
$121/Sq Ft Est. Value

Sale Details

Date Sold: August 21, 2025

Last sale price $80,000 $117 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $537 / mo

17 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Patio
  • Dining Room
  • Spencer Middle School Rated 9+
  • Bathroom on Main Level
  • 1-Story Property

About This Home

As of August 2025

Affordable! —a compact and efficient home that offers big potential in a small footprint. This one-bedroom, one-bath home with an additional office space is ideal for someone seeking simplicity and convenience. Whether you're a minimalist, a weekend commuter, or an investor looking for a smart rental opportunity, this property fits the bill. Make this tiny treasure yours!

Last Agent to Sell the Property

Kelly Bierl

Hometown Realty License #B64536 Listed on: 06/20/2025

Last Buyer's Agent

Kelly Bierl

Hometown Realty License #B64536 Listed on: 06/20/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,074

Year Built

  • Built in 1900

Lot Details

  • 4,049

Home Design

  • Frame Construction
  • Asphalt Roof
  • Block Exterior
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 683 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • 4,049 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 963618209006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,074

Year Built

Built in 1900

Lot Details

4,049 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: No
  • Type: Single Family Residence
  • Year Built: 1900
  • Levels: One
  • Stories: 1
  • Architectural Style: Ranch
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Main Floor Bedrooms
  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Bathroom Description: Main Floor Full Bath
  • Full Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Dining Room: Separate
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Price Per S Q F T: 117.13
  • Total Sq Ft: 683
  • Above Grade Finished: 683
  • Finished Sq Ft: 683
  • Basement Features: Unfinished

Exterior Features

  • Construction: Frame/Wood, Stick Built
  • Construction Materials: Block, Vinyl Siding
  • Exterior Features: Patio
  • Flood Zone: No
  • Road Frontage Type: Curbs & Gutters, Sidewalks
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Type: None

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public/City
  • Electric: Breakers

Lot Info

  • Parcel Number: 963618209006
  • Estimated Acres: 0.09
  • Estimated Lot Dimensions: .
  • Lot Sq Ft: 4049

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 1074
  • Tax Classification: Homestead
  • Tax Year: 2023

MLS Schools

  • School District: Spencer

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2025
Closed on
Aug 18, 2025
Sold by
Bought by
Seller's Agent
Kelly Bierl
Hometown Realty
Buyer's Agent
Kelly Bierl
Hometown Realty
List Price
$80,000
Sold Price
$80,000
Views
38
Current Estimated Value
$82,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,389
Avg. Annual Appreciation
3.61%
Original Mortgage
$3,000
Outstanding Balance
$2,815
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$79,574
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$80,000 None Listed On Document
$80,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,000
Closed $3,000
Open $78,551
Closed $78,551
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/21/2025 08/21/25 Sold $80,000 0.0% $117 / Sq Ft
07/07/2025 07/07/25 Pending -- -- --
06/20/2025 06/20/25 For Sale $80,000 -- $117 / Sq Ft
Source: Iowa Great Lakes Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,110 $78,070 $24,700 $53,370
2024 $1,110 $69,390 $19,050 $50,340
2023 $1,074 $69,390 $19,050 $50,340
2022 $998 $59,800 $19,050 $40,750
2021 $966 $55,870 $19,050 $36,820
2020 $966 $51,290 $16,230 $35,060
2019 $800 $43,610 $0 $0
2018 $776 $42,900 $0 $0
2017 $776 $42,330 $0 $0
2016 $794 $42,330 $0 $0
2015 $738 $39,360 $0 $0
2014 $716 $39,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 250771

Iowa Great Lakes Board of REALTORS®

APN: 9636-18-209-006

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