NOT LISTED FOR SALE

512 Jones St SE Shellsburg, IA 52332

Estimated Value: $352,000 - $513,512

1 Acre
$440,837 Price per Acre
43,560 Sq Ft Lot

Last Sold October 29, 2020

Last sale price $60,000

Est. 635% increase in value since last sale

Current estimated payment $3,043/month

171 Days on Market

About This Lot

As of October 2020

This home is located at 512 Jones St SE, Shellsburg, IA 52332 since 21 January 2020 and is currently estimated at $440,837. 512 Jones St SE is a home located in Benton County with nearby schools including Shellsburg Elementary School, Tilford Elementary School, and Vinton-Shellsburg Middle School.

Last Agent to Sell the Property

Carla Werning

Ruhl&Ruhl, REALTORS - CR Listed on: 01/21/2020

Ruhl&Ruhl, REALTORS - CR

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,164

Lot Details

  • 1 Acre Lot
  • Level Lot

Schools

  • V Shellsberg Elementary School
  • V Shellsburg Middle School
  • V Shellsburg High School

Listing and Financial Details

  • Assessor Parcel Number 19000920

Property Details

Property Type

Land

Est. Annual Taxes

$7,164

Lot Details

0

Listing Details

  • Property Type: LOTS/LAND
  • Type: Lot/Land
  • Photo Code: Broker Loaded
  • Photo Code1: Broker Loaded
  • Remarks: This is currently a 2.25 buildable acre lot. Seller is offering this lot to be split into a large, flat 1-acre (ish) residential lot in the town of Shellsburg with tons of possibilities. This large and flat lot is perfect for building your dream home or shed home. The lot offers all the perks of in-town living with tons of green space to allow for ample privacy. The buyer would be responsible for getting sewer and water (both available) to the lot for building.
  • Tax Year Report: 2018
  • Potential Use: Residential
  • Section: 14
  • Directions: From CR take Urbana exit off 380 turn left towards Casey's and go south on Union Ave to Shellsburg turn left onto Main St. then right on to Pearl St., left onto Jones and property will be on the right side of the road.
  • L O1 Dues Paid: y
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Pavement

Utilities

  • Utilities Available: Sewer, Water-City

Schools

  • High School: V Shellsburg
  • Jr Middle School: V Shellsburg
  • Elementary School: V Shellsberg

Lot Info

  • Acreage: 1
  • Geo Subdivision: IA
  • Lot Dimensions: 43560 sf
  • Zoning: Res
  • Estimated Lot Sq Ft: 1-2 Acres, 2-5 Acres
  • Topology: Level

Tax Info

  • Gross Tax County City: 186
  • Assessor Parcel Number: 19000920

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2023
Sold by
Siems Kelly
Bought by
Siems Chad
Total Days on Market
171
Current Estimated Value
$440,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,250
Outstanding Balance
$371,739
Interest Rate
6.75%
Mortgage Type
Construction
Estimated Equity
$73,036
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
Siems Chad -- Hawkeye Escrow Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siems Chad $34,800
Closed Siems Chad G $20,000
Open Siems Chad $378,250
Previous Owner Siems Chad G $79,000
Previous Owner Siems Chad G $31,000
Previous Owner Siems Chad G $245,400
Previous Owner Siems Chad G $52,193
Previous Owner Siems Chad $241,000
Previous Owner Siems Chad $39,000
Previous Owner Siems Chad $242,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $60,000 +71.9% --
07/10/2020 07/10/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $34,900 -- --
Source: Iowa City Area Association 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 $7,164 $424,200 $97,300 $326,900
2023 $7,078 $424,200 $97,300 $326,900
2022 $7,832 $361,200 $77,300 $283,900
2021 $7,832 $407,700 $77,300 $330,400
2020 $5,890 $305,300 $62,600 $242,700
2019 $5,544 $305,300 $62,600 $242,700
2018 $5,336 $288,100 $51,200 $236,900
2017 $5,392 $288,100 $51,200 $236,900
2016 $5,282 $277,000 $49,200 $227,800
2015 $5,282 $277,000 $49,200 $227,800
2014 $4,984 $261,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202000836

Iowa City Area Association of REALTORS®

APN: 19000910