NOT LISTED FOR SALE

509 7th St SW Independence, IA 50644

Estimated Value: $143,000 - $183,000

4 Beds
1 Bath
1,218 Sq Ft
$131/Sq Ft Est. Value

Last Sold September 23, 2024

Last sale price $142,500 $117 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,016/month

47 Days on Market

Highlights

  • RV or Boat Parking
  • Forced Air Heating System
  • Level Lot
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of September 2024

This two story home with extra large 2 car attached garage is located on a spacious lot. Utility and bathroom located on first floor plus 2 bedrooms. Additional 2 bedrooms located on the upper level. Great space for parking your RV. The garage is fantastic for the individual who enjoys working on cars, trucks, race cars, etc.

Last Agent to Sell the Property

larrykarsten Karsten

Ohl Iowa Realty, Inc License #B04962000 Listed on: 06/20/2024

Ohl Iowa Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,963

Year Built

  • Built in 1870

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 66 x 198
  • Level Lot
  • Property is zoned R-2

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,218 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Basement

  • Stone Basement
  • Sump Pump

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV or Boat Parking

Schools

  • Independence Elementary And Middle School
  • Independence High School

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0011004409002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,963

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Parcel Number: 0011004409002
  • Year Built: 1870
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor, Dryer Hookup-Gas, Washer Hookup
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.3
  • 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: Ceiling Fan(s)
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1218
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Appliances Negotiable, Sump Pump, Vented Exhaust Fan, Gas Water Heater
  • Basement: Stone/Rock
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • BelowGradeArea: 1218

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: RV Parking

Garage/Parking

  • Parking Features: 2 Stall, Attached Garage, Garage Door Opener, Oversized

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

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

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 66 x 198
  • Lot Size Sq Ft: 13068
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1963

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Sep 23, 2024
Sold by
Hershey Hana and Thein Brandon
Bought by
Rosauer Curtis A
Seller's Agent
larrykarsten Karsten
Ohl Iowa Realty, Inc
List Price
$155,000
Sold Price
$142,500
Premium/Discount to List
-$12,500
-8.06%
Views
29
Current Estimated Value
$160,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,578
Avg. Annual Appreciation
11.48%
Original Mortgage
$135,375
Outstanding Balance
$133,859
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$26,219

Purchase Details

Listed on
Aug 4, 2016
Closed on
May 1, 2017
Sold by
Lappe Marc J and Lappe Jill K
Bought by
Hershey Hana A and Thein Brandon M
Seller's Agent
Heather Federspiel
Wapsie Realty LLC
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$109,000
Sold Price
$76,500
Premium/Discount to List
-$32,500
-29.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$75,113
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2011
Sold by
Trumblee Ben and Trumblee Ann
Bought by
Rowley Savings Bank
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rosauer Curtis A $143,000 None Listed On Document
Hershey Hana A $76,500 None Available
Rowley Savings Bank $62,130 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosauer Curtis A $135,375
Previous Owner Hershey Hana A $75,113
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2024 09/23/24 Sold $142,500 -1.7% $117 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $145,000 -6.5% $119 / Sq Ft
06/20/2024 06/20/24 For Sale $155,000 +102.6% $127 / Sq Ft
05/04/2017 05/04/17 Sold $76,500 -29.8% $63 / Sq Ft View Prior Sale
01/13/2017 01/13/17 Pending -- -- --
08/04/2016 08/04/16 For Sale $109,000 -- $89 / Sq Ft
Source: Northeast Iowa Regional Board 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
2025 $2,042 $127,950 $25,710 $102,240
2024 $2,042 $112,180 $22,950 $89,230
2023 $1,978 $112,180 $22,950 $89,230
2022 $1,716 $90,480 $18,220 $72,260
2021 $1,708 $90,480 $18,220 $72,260
2020 $1,708 $83,710 $16,700 $67,010
2019 $1,726 $83,710 $16,700 $67,010
2018 $1,600 $81,230 $16,700 $64,530
2017 $1,422 $81,230 $16,700 $64,530
2016 $1,402 $63,560 $9,030 $54,530
2015 $1,402 $63,560 $9,030 $54,530
2014 $1,428 $63,560 $9,030 $54,530
Source: Public Records

Agents Affiliated with this Home

  • l

    Seller's Agent in 2024

    larrykarsten Karsten

    Ohl Iowa Realty, Inc

    (319) 334-0202

    21 in this area

    25 Total Sales

    larrykarsten Karsten
    Section Image
  • Heather Federspiel

    Seller's Agent in 2017

    Heather Federspiel

    Wapsie Realty LLC

    (319) 327-4992

    43 in this area

    85 Total Sales

    Heather Federspiel
    Section Image

  • D

    Buyer's Agent in 2017

    Donald Fieldhouse

    Cedar Rapids Area Association of REALTORS

    (239) 774-6598

    38 in this area

    4,990 Total Sales

    Donald Fieldhouse
    Section Image
See All Agents

Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20242614

Northeast Iowa Regional Board of REALTORS®

APN: 10.04.409.002

Iowa Buchanan County Independence 50644

509 7th St SW, Independence, IA

This home is located at 509 7th St SW, Independence, IA 50644 since 20 June 2024 and is currently estimated at $160,078, approximately $131 per square foot. This property was built in 1870. 509 7th St SW is a home located in Buchanan County with nearby schools including West Elementary School, East Elementary School, and Independence Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northeast Iowa Regional Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes