NOT LISTED FOR SALE

511 6th Ave SW Independence, IA 50644

Estimated Value: $222,314 - $244,000

3 Beds
2.5 Baths
2,357 Sq Ft
$98/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $197,000 $84 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,565/month

5 Days on Market

Highlights

  • 2 Car Garage
  • Central Air
  • Heated Garage
  • Fireplace
  • Wood Siding

About This Home

As of August 2021

Beautiful home with character and style! This home features 3 bedrooms and 2 bathrooms with an additional bathroom and living room/non-conforming bedroom located in the basement. On the main floor you'll find a dining room, 3 seasons room, bathroom, a den/extra family room, and an open concept kitchen flowing into the spacious living room. On the second floor is 3 bedrooms and a bathroom. Recently, an extra family room/non-conforming bedroom was remodeled and added in the basement. Attached to the house is a single stall garage with access from both sides. Behind the house you'll find an additional heated garage/workshop with built in surround sound where you can work on projects and entertain. This home has many updates throughout that you won't want to miss!

Last Agent to Sell the Property

Kelly Walton

Ohl Iowa Realty, Inc License #B67963000 Listed on: 06/27/2021

Ohl Iowa Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,060

Year Built

  • Built in 1940

Lot Details

  • 7,920 Sq Ft Lot
  • Lot Dimensions are 60x132

Home Design

  • Asphalt Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 2,357 Sq Ft Home
  • Fireplace
  • Partially Finished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Garage
  • Heated Garage
  • Workshop in Garage

Schools

  • Independence Elementary And Middle School
  • Independence High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener Leased

Listing and Financial Details

  • Assessor Parcel Number 1004329008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,060

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Parcel Number: 1004329008
  • Year Built: 1940
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Lot Size Acres: 0.182
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-334-9258
  • MLS Status: Closed
  • Reso Fireplace Features: One, None
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 2357
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Gas Water Heater, Water Softener Rented
  • Basement: Partially Unfinished
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 259
  • BelowGradeArea: 700

Exterior Features

  • Construction Type: Cement Board, Wood Siding

Garage/Parking

  • Parking Features: 2 Stall, Attached Garage, Detached Garage, Heated Garage, Oversized, Workshop in Garage

Utilities

  • Cooling: Central Air
  • Heating: 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-1
  • Lot Dimensions: 60x132
  • Lot Size Sq Ft: 7920
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 3060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2021
Closed on
Aug 17, 2021
Sold by
Lyon Kyle and Lyon Patti
Bought by
Fratzke Megan E and Fratzke Dwight J
Seller's Agent
Kelly Walton
Ohl Iowa Realty, Inc
List Price
$187,500
Sold Price
$197,000
Premium/Discount to List
$9,500
5.07%
Current Estimated Value
$232,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,987
Avg. Annual Appreciation
3.76%
Original Mortgage
$39,400
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2012
Sold by
Muir Nancy Staack
Bought by
Lyon Kyle and Lyon Patti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,012,042
Interest Rate
3.32%
Mortgage Type
VA

Purchase Details

Closed on
Jul 5, 2011
Sold by
Dedering Daniel Aldred
Bought by
Muir Nancy Staack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.96%
Mortgage Type
New Conventional
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
Fratzke Megan E $197,000 None Available
Lyon Kyle $135,000 None Available
Muir Nancy Staack -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fratzke Megan E $50,000
Closed Fratzke Megan E $11,900
Closed Fratzke Megan E $39,400
Open Fratzke Megan E $157,600
Previous Owner Lyon Kyle $12,012,042
Previous Owner Muir Nancy Staack $84,000
Previous Owner Muir Nancy Dedering $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $197,000 +5.1% $84 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/27/2021 06/27/21 For Sale $187,500 -- $80 / 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 $3,658 $201,260 $18,690 $182,570
2023 $3,542 $201,260 $18,690 $182,570
2022 $3,102 $166,150 $14,830 $151,320
2021 $3,090 $159,760 $14,830 $144,930
2020 $3,090 $147,790 $13,600 $134,190
2019 $3,267 $147,790 $13,600 $134,190
2018 $2,926 $144,550 $13,600 $130,950
2017 $2,922 $144,550 $13,600 $130,950
2016 $2,872 $142,330 $7,350 $134,980
2015 $2,872 $142,330 $7,350 $134,980
2014 $2,930 $142,330 $7,350 $134,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20212986

Northeast Iowa Regional Board of REALTORS®

APN: 10.04.329.008