NOT LISTED FOR SALE

509 Grand Ave Spencer, IA 51301

Estimated Value: $189,840

-- Bed
-- Bath
4,700 Sq Ft
$40/Sq Ft Est. Value

Last Sold February 12, 2019

Last sale price $120,000 $26 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,399/month

140 Days on Market

About This Home

As of February 2019

Prime Grand Avenue retail building with two upstairs apartments. Full basement with lots of storage. Ground floor retail space has been updated extensively, including electricity, plumbing, roof repair, kitchen facilities. Explore all the options for your next business!

Last Agent to Sell the Property

John Goede

Century 21 ProLink License #B18694 Listed on: 08/30/2018

Century 21 ProLink

Co-Listed By

Tammi Goede

Century 21 ProLink License #S59694

Last Buyer's Agent

Nate Schmidt

Integrity Real Estate License #S63366

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 1932

Lot Details

  • 3,500 Sq Ft Lot
  • 9636 07 383 010 01Upper floor is separate parcel for tax purposes, multi-resident

Home Design

  • 4,700 Sq Ft Home
  • Mixed Use
  • Brick Exterior Construction
  • Frame Construction
  • Block Exterior

Parking

  • 2 Parking Spaces
  • Unassigned Parking

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 9636 07 383 010 00

Property Details

Property Type

Other

Est. Annual Taxes

$3,000

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Class: COMMERCIAL
  • Type: Mixed Use
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Basement Sq Ft: 2000
  • Appliances 2: Range/Stove, Refrigerator
  • Appliances 3: Range/Stove, Refrigerator
  • Price Per S Q F T: 25.53
  • Total Sq Ft: 4700
  • Upper Level Sq Ft: 2000

Exterior Features

  • Construction: Concrete Block, Frame/Wood, Other(See Rmks)
  • Construction Materials: Block, Brick
  • Flood Zone: No
  • Road Frontage Type: City Street
  • Roof: Other
  • Waterfront: No

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Unassigned

Utilities

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

Lot Info

  • Additional Assessor Parcel Numbers: Yes
  • Additional Parcels Description: 9636 07 383 010 01Upper floor is separate parcel for tax purposes, multi-resident
  • Current Use: Residential, Vacant
  • Land Size Acres: 0.08
  • Land Sq Ft: 3500
  • Parcel Number: 9636 07 383 010 00

Multi Family

  • Number Of Units: 3

Tax Info

  • Tax Amount: 3000
  • Tax Classification: Commercial
  • Taxes W Assessments: 3000
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2018
Closed on
Feb 7, 2019
Sold by
Jaah Inc
Bought by
1103 Industries Llc
Seller's Agent
John Goede
Century 21 ProLink
Buyer's Agent
Nate Schmidt
Integrity Real Estate
List Price
$152,000
Sold Price
$120,000
Premium/Discount to List
-$32,000
-21.05%
Current Estimated Value
$189,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,840
Avg. Annual Appreciation
7.04%
Source: Public Records

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
1103 Industries Llc $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1103 Industries Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2019 02/12/19 Sold $120,000 -21.1% $26 / Sq Ft
01/17/2019 01/17/19 Pending -- -- --
08/30/2018 08/30/18 For Sale $152,000 -- $32 / Sq Ft
Source: Iowa Great Lakes 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 $4,406 $219,290 $37,500 $181,790
2023 $4,284 $219,290 $37,500 $181,790
2022 $5,902 $188,770 $37,500 $151,270
2021 $5,702 $186,970 $37,500 $149,470
2020 $5,702 $177,450 $37,500 $139,950
2019 $2,438 $111,520 $0 $0
2018 $2,440 $111,520 $0 $0
2017 $2,324 $83,220 $0 $0
2016 $2,212 $95,522 $0 $0
2015 $1,676 $79,840 $0 $0
2014 $1,936 $79,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 181441

Iowa Great Lakes Board of REALTORS®

APN: 9636-07-383-010