$122,500
SOLD MAR 4, 2016

513 3rd St Traer, IA 50675

3 Beds
2.5 Baths
1,924 Sq Ft
7,200 Sq Ft Lot

Recently Sold

$64 Per Sq Ft

6% Below List Price

10 Days on Market

Highlights

  • Bonus Room
  • 3 Car Garage
  • Bathtub with Shower
  • Mud Room
  • Eat-In Kitchen
  • Patio

About This Home

As of December 2024

Nestled in the peaceful community of Traer, this beautiful home is just a short drive to all Waterloo and Cedar Falls has to offer. This 3 bedroom 2 1/2 bath home has been completely remodeled since 2007. Main level offers a spacious gourmet kitchen with open design to large living room with gas fireplace and surround sound, additional 1/2 bath, main floor laundry, master bedroom suite with 3/4 bath and walk-in closet and sitting area with access to patio. 2nd story features two additional bedroom and full bath. Abundant garage space with single attached garage and detached over-sized two stall garage with workshop area. Upgrades since 2007 include furnace, central air conditioning, plumbing, wiring, drywall, windows, kitchen, floor coverings, roof and siding.

Last Agent to Sell the Property

Scott Seeley

RE/MAX Concepts - Cedar Falls License #B42928 Listed on: 01/09/2016

RE/MAX Concepts - Cedar Falls

Last Buyer's Agent

Linda Curran

Oakridge Real Estate License #S57992000

Oakridge Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,490

Year Built

  • Built in 1890

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60 x 120
  • Landscaped
  • Property is zoned R-2

Home Design

  • Concrete Foundation
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,924 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Pocket Doors
  • Panel Doors
  • Mud Room
  • Living Room with Fireplace
  • Bonus Room
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Bathtub with Shower
  • Separate Shower

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 3 Car Garage
  • Workshop in Garage
  • Garage Door Opener
  • Driveway

Schools

  • North Tama Elementary School
  • North Tama Middle School
  • North Tama High School

Utilities

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

Additional Features

  • Level Entry For Accessibility
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 0949000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,490

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Total Finished Sq Ft: 1924
  • Total Assessed Value: $129200
  • Below Grade Sq Ft: 384
  • Class: Residential
  • Dining Facility: Eat-In Kitchen
  • Flood: C/X - Not In Flood Plain
  • Gross Taxes: $2490
  • House Style: 2 Story
  • Legal Description: Too long - refer to abstract
  • Lot Dimensions: 60 X 120
  • Lvt Date: 01/10/2016
  • Number Bedrooms Main: 1
  • Number Bedrooms Upper: 2
  • Number of Main Level Three Quarter Bathrooms: 1
  • Parcel Number: 0949000
  • Reg Irreg: Reg
  • Roof Type: Shingle, Asphalt
  • Total Three Quarter Bathrooms: 1
  • Type: Single Family
  • Year Built: 1890
  • Legacy Area: SA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 1924
  • Total Bedrooms: 3
  • Appliances: Dishwasher, Garbage Disposal, Microhood, Microwave Built In, Water Heater-Gas
  • Basement: Block, Concrete, Crawl Space, Partial-Unfinished
  • Bathroom Features: Master Bath, Separate Shower, Tub/Shower
  • Dining Room: On Level: No Dining Room
  • Fireplace: One, Gas, In Living Room
  • Interior Amenities: Ceiling Fan/Light, Paneled Doors, Pantry, Pocket Doors
  • Kitchen: On Level: Main Floor
  • Living Room: On Level: Main Floor
  • Main Level Sq Ft: 1156
  • Master Bedroom: On Level: Main Floor
  • Number of Main Level Half Bathrooms: 1
  • Region: Outside The Metro Area
  • Sewer Type: City
  • Total Bathrooms: 2.5
  • Total Full Baths: 1
  • Total Half Baths: 1

Exterior Features

  • Exterior: Vinyl
  • Exterior Amenities: Curbs/Sidewalks, Landscaping, Patio, Porch-Covered
  • Road Frontage: Paved Road Frontage

Garage/Parking

  • Spaces: 3 Stalls Or More
  • Driveway: Concrete
  • Garage Carport: 3 Or More Stalls, Attached Garage, Detached Garage, Garage Door Opener, Oversized Garage, Workshop/Garage
  • Garage Sq Ft: 1028

Utilities

  • Cooling: Central Air
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air, Gas
  • Laundry: 1st Floor
  • Water Type: City

Schools

  • Elementary School: North Tama
  • Middle School: North Tama
  • High School: North Tama
  • Elementary School: North Tama
  • Middle Jr High School: North Tama
  • Senior High School: North Tama

Lot Info

  • Acres: 0.165
  • Lot Sq Ft: 7200
  • Zoning: R-2
  • Geo Subdivision: IA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Dec 11, 2024
Sold by
Adams Bryan T and Adams Kacee L
Bought by
Aneweer Reed E and Riechmann Kylie
Seller's Agent
Mike Wedmore
Wedmore Realty LLC
Buyer's Agent
Mike Wedmore
Wedmore Realty LLC
List Price
$189,500
Sold Price
$179,000
Premium/Discount to List
-$10,500
-5.54%
Views
42
Current Estimated Value
$192,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,528
Avg. Annual Appreciation
12.47%
Original Mortgage
$17,900
Outstanding Balance
$13,574
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$178,954

Purchase Details

Listed on
Jul 16, 2021
Closed on
Mar 9, 2022
Sold by
Welsh Mikayla A
Bought by
Adams Bryan T and Adams Kacee L
Seller's Agent
Linda Curran
Oakridge Real Estate
List Price
$160,000
Sold Price
$153,000
Premium/Discount to List
-$7,000
-4.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$131,870
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Listed on
Jan 9, 2016
Closed on
Mar 15, 2016
Sold by
Larsen Joel D
Bought by
Welsh Mikayla and Trussell Owen
Seller's Agent
Scott Seeley
RE/MAX Concepts - Cedar Falls
Buyer's Agent
Linda Curran
Oakridge Real Estate
List Price
$129,900
Sold Price
$122,500
Premium/Discount to List
-$7,400
-5.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%
Original Mortgage
$98,000
Interest Rate
3.68%

Purchase Details

Closed on
Aug 31, 2007
Sold by
E And H Llc
Bought by
Larsen Joel D and Larsen Mona S

Purchase Details

Closed on
Feb 16, 2007
Sold by
Ohio Sabvings Bank
Bought by
E & H Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,100
Interest Rate
6.28%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $179,000 None Listed On Document
Warranty Deed $179,000 None Listed On Document
Warranty Deed $153,000 None Listed On Document
Deed -- --
Warranty Deed -- None Available
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $17,900 New Conventional
Closed $17,900 New Conventional
Open $143,200 New Conventional
Closed $143,200 New Conventional
Previous Owner $27,000 Credit Line Revolving
Previous Owner $131,870 VA
Previous Owner $104,800 Stand Alone Refi Refinance Of Original Loan
Previous Owner $19,650 Stand Alone Refi Refinance Of Original Loan
Previous Owner $98,000 No Value Available
Previous Owner -- No Value Available
Previous Owner $98,000 New Conventional
Previous Owner $18,375 Stand Alone Second
Previous Owner $116,000 New Conventional
Previous Owner $22,100 Unknown
Closed $0 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $179,000 -0.5% $93 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
09/18/2024 09/18/24 Price Changed $179,900 -2.7% $94 / Sq Ft
08/28/2024 08/28/24 Price Changed $184,900 -2.4% $96 / Sq Ft
08/22/2024 08/22/24 For Sale $189,500 +23.9% $98 / Sq Ft
03/09/2022 03/09/22 Sold $153,000 -4.4% $80 / Sq Ft
12/26/2021 12/26/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $160,000 0.0% $83 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $160,000 0.0% $83 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $160,000 +30.6% $83 / Sq Ft
03/04/2016 03/04/16 Sold $122,500 -5.7% $64 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
01/09/2016 01/09/16 For Sale $129,900 -- $68 / 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 $2,764 $158,210 $11,040 $147,170
2023 $2,506 $158,210 $11,040 $147,170
2022 $2,806 $138,180 $11,040 $127,140
2021 $2,742 $146,070 $12,970 $133,100
2020 $27 $136,230 $12,970 $123,260
2019 $2,732 $130,390 $0 $0
2018 $2,636 $130,390 $0 $0
2017 $2,656 $129,200 $0 $0
2016 $2,622 $129,200 $9,940 $119,260
2015 $2,544 $129,200 $9,940 $119,260
2014 $2,544 $137,730 $11,040 $126,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20160123

Northeast Iowa Regional Board of REALTORS®

APN: 07.10.180.005