$140,000
SOLD JUN 2, 2025

509 S Summit Ave Bancroft, IA 50517

5 Beds
4 Baths
1,832 Sq Ft
0.58 Acres

Recently Sold

$76 Per Sq Ft

12% Below List Price

3 Days on Market

About This Home

As of June 2025

There is plenty of room to roam in this over 1800 SF multilevel home located in Bancroft, Iowa! With 5 bedrooms and 4 baths everyone will have their own space in addition to all the family gathering spots throughout the home! The large kitchen features a lower breakfast bar, corner desk area, and space for an eat-in kitchen table and chairs. Home also provides a nice dining room and includes a built-in hutch for extra storage space. Main level also holds a living room and 1⁄2 bath. The upper level of the home consists of 3 great sized bedrooms, including the master, and 2 full bathrooms – one which is located with the master bedroom. The lower walkout level includes a family room with bar area, 2 more bedroom spaces, laundry, 3⁄4 bath, and an additional room which could be used for storage, home office, or whatever needs you may have. And if storage is what you truly need, this home offers an abundance of space for storage! Outdoors this property provides even more space for a family to enjoy! The home itself sits on .58 acres, but the sale of this property also includes a .6-acre, 165 x 157 SF adjacent lot! The possibilities of future entertaining and family fun are endless! Outdoor storage shed will also be included with the property. So call and visit this property today and move to give your family the freedom of space and more room to roam!

Last Agent to Sell the Property

Heidi Fehr

EXIT Realty Home/Land Properties Brokerage Phone: 515-320-4943 License #*** Listed on: 03/25/2025

EXIT Realty Home/Land Properties

Last Buyer's Agent

Pam Yegge

EXIT Realty Home/Land Properties License #***

EXIT Realty Home/Land Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Parking

  • 2

Home Design

  • Frame Construction

Kitchen

  • Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Baseboard Heating
  • Electric Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 1960
  • Property Type: Residential
  • Co List Office Mls Id: NOC48187
  • Special Features: None

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Water Softener Rented, Electric Water Heater
  • Living Area Units: Square Feet
  • Basement: Block, Finished, Full, Storage Space, Walk-Out Access
  • Fireplace: No
  • Half Bathrooms: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: Frame, Wood Siding
  • Other Structures: Storage

Garage/Parking

  • Parking Features: Attached, Gravel, Concrete

Utilities

  • Heating: Baseboard, Ductless
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, Fuses
  • Cooling: Ductless, Window Unit(s)
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: HRTI

Lot Info

  • Lot Dimensions: 165 x 153 Additional parcel 165 x 157 0.60 acres
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2025
Closed on
May 29, 2025
Sold by
Flaherty Deborah and Elsbecker Gary
Bought by
Vaske Shawn W and Vaske Rachel V
Seller's Agent
Heidi Fehr
EXIT Realty Home/Land Properties
Buyer's Agent
Pam Yegge
EXIT Realty Home/Land Properties
List Price
$159,000
Sold Price
$140,000
Premium/Discount to List
-$19,000
-11.95%
Views
61
Current Estimated Value
$146,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,874
Avg. Annual Appreciation
7.65%
Original Mortgage
$119,000
Outstanding Balance
$118,709
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$28,165

Purchase Details

Closed on
Jun 4, 2024
Sold by
Elsbecker Eugene A
Bought by
Elsbecker Gary and Flaherty Deborah

Purchase Details

Closed on
Apr 5, 2021
Sold by
Elsbecker Eugene A
Bought by
Vaske Keith J and Vaske Denise M

Purchase Details

Closed on
Mar 5, 2021
Sold by
Elsbecker Ruth Ann
Bought by
Elsbecker Eugene A
Source: Public Records
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $140,000 None Listed On Document
Warranty Deed $140,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed $20,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $119,000 New Conventional
Closed $119,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2025 06/02/25 Sold $140,000 -11.9% $76 / Sq Ft
03/25/2025 03/25/25 For Sale $159,000 -- $87 / Sq Ft
Source: NoCoast MLS

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 $2,238 $129,565 $17,325 $112,240
2024 $2,238 $136,488 $17,325 $119,163
2023 $2,150 $136,488 $17,325 $119,163
2022 $1,824 $130,359 $17,325 $113,034
2021 $1,584 $114,434 $17,325 $97,109
2020 $1,550 $96,141 $10,395 $85,746
2019 $1,610 $96,368 $0 $0
2018 $1,568 $96,368 $0 $0
2017 $1,568 $104,052 $0 $0
2016 $1,696 $104,052 $0 $0
2015 $1,572 $95,655 $0 $0
2014 $1,508 $95,655 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6325974

NoCoast MLS

APN: 10-24-379-018