NOT LISTED FOR SALE

509 7th St SW Independence, IA 50644

Estimated Value: $101,000 - $147,000

4 Beds
1 Bath
1,218 Sq Ft
$110/Sq Ft Est. Value

Last Sold September 23, 2024

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

Est. 6% decrease in value since last sale

Current estimated payment $910/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 Listed By

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
  • 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%
Total Days on Market
47
Views
29
Current Estimated Value
$134,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,048
Avg. Annual Appreciation
-8.95%
Original Mortgage
$135,375
Outstanding Balance
$134,629
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
-$177

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

Range of Values:

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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
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
Closed Rosauer Curtis A $7,125
Previous Owner Thein Hana A $59,000
Previous Owner Hershey Hana $75,352
Previous Owner Hershey Hana A $75,113
Previous Owner Lappe Marc J $170,000
Previous Owner Trumblee Ben $50,000
Previous Owner Trumblee Ben $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
2024 $1,978 $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

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Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20242614

Northeast Iowa Regional Board of REALTORS®

APN: 10.04.409.002