NOT LISTED FOR SALE

508 W Spring St Colfax, IA 50054

Estimated Value: $99,000 - $165,000

2 Beds
1 Bath
828 Sq Ft
$148/Sq Ft Est. Value

Last Sold September 22, 2021

Last sale price $18,000 $22 Per Sq Ft

Est. 580% increase in value since last sale

Current estimated payment $741/month

55 Days on Market

Highlights

  • 1 Fireplace
  • Eat-In Kitchen
  • Bungalow
  • No HOA

About This Home

As of September 2021

Attention investors, home needs TLC. The power is not on

Last Listed By

Tamara Grant

Realty ONE Group Impact Listed on: 07/29/2021

Realty ONE Group Impact

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $426

Year Built

  • Built in 1890

Lot Details

  • 5,875 Sq Ft Lot
  • Lot Dimensions are 47x125

Home Design

  • Bungalow
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 828 Sq Ft Home
  • 1 Fireplace
  • Eat-In Kitchen
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1102481008

Home Details

Home Type

Single Family

Est. Annual Taxes

$426

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bungalow
  • Lp Amt Sq Ft: 33.82
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 21.74
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 414
  • Dining Room: Eat In Kitchen
  • Living Area Sq Ft: 828
  • Total Sq Ft: 828

Exterior Features

  • Exterior: Frame
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Gravel
  • Garage: 1 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: See Remarks
  • Heat: See Remarks

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Colfax-Mingo

Lot Info

  • Acres: 0.1349
  • Lot S F: 5875
  • Lot Size: 47X125
  • Assessor Parcel Number: 1102481008
  • Zoning: res

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 426.00
  • Net Taxes: 426.00

MLS Schools

  • School District: Colfax-Mingo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 21, 2021
Sold by
Mcginn Jeffrey Paul
Bought by
Butler Robert Stephen
Seller's Agent
Tamara Grant
Realty ONE Group Impact
Buyer's Agent
Tamara Grant
Realty ONE Group Impact
List Price
$36,000
Sold Price
$18,000
Premium/Discount to List
-$18,000
-50%
Total Days on Market
55
Current Estimated Value
$122,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,333
Avg. Annual Appreciation
61.46%

Purchase Details

Closed on
May 28, 2020
Sold by
Joode Rickie K De
Bought by
Mcginn Jeffrey Paul

Purchase Details

Closed on
Nov 2, 2016
Sold by
Daugherty Jacqueline Marie and Daugherty Eric
Bought by
Dejoode Rickie K

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
Butler Robert Stephen $18,000 None Available
Mcginn Jeffrey Paul $10,000 None Available
Dejoode Rickie K $4,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baker Jacqueline Marie $27,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2021 09/22/21 Sold $18,000 -35.7% $22 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
08/19/2021 08/19/21 Price Changed $28,000 -12.5% $34 / Sq Ft
08/05/2021 08/05/21 Price Changed $32,000 -11.1% $39 / Sq Ft
07/29/2021 07/29/21 For Sale $36,000 -- $43 / Sq Ft
Source: Des Moines Area Association 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 $760 $39,640 $10,470 $29,170
2023 $760 $39,640 $10,470 $29,170
2022 $578 $38,380 $10,470 $27,910
2021 $442 $25,780 $10,470 $15,310
2020 $442 $18,520 $7,320 $11,200
2019 $434 $17,200 $0 $0
2018 $580 $17,200 $0 $0
2017 $428 $17,200 $0 $0
2016 $428 $17,200 $0 $0
2015 $426 $17,200 $0 $0
2014 $404 $17,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Des Moines Area Association of REALTORS®

MLS Number: 634555

Des Moines Area Association of REALTORS®

APN: 11-02-481-008