$28,000
SOLD DEC 30, 2015

513 7th Ave Clarence, IA 52216

2 Beds
1 Bath
640 Sq Ft
0.36 Acres

Recently Sold

$44 Per Sq Ft

6% Below List Price

3 Days on Market

Highlights

  • Separate Formal Living Room
  • Patio
  • Laundry Room
  • Porch
  • Park
  • 1-Story Property

About This Home

As of June 2023

Great opportunity for a starter, downsizing, or investment property. This two bedroom, one bath home is located on a nice 1/3 acre lot. Some remodeling has been started. Newer composition shingles on house roof. Updated laminate & carpet flooring. Foyer entry. Rear patio with entry into enclosed porch. One stall detached garage. REO owned and being sold as-is with no expressed warranties or guarantees. No property disclosure. Take a look!

Last Agent to Sell the Property

KIRK WENNDT

Kirk Wenndt Realty Listed on: 12/07/2015

Last Buyer's Agent

KIRK WENNDT

Kirk Wenndt Realty Listed on: 12/07/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,396

Year Built

  • Built in 1940

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 75 x 207
  • Level Lot
  • Garden

Parking

  • 1 Parking Space

Home Design

  • Frame Construction

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near schools

Schools

  • North Cedar Elementary And Middle School
  • North Cedar High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Water Softener is Owned
  • Internet Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 039003261510070

Community Details

Overview

  • Cottrell's Addition Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,396

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 640
  • Homebuilder: Unknown
  • Number of Main Level Three Quarter Bathrooms: 1
  • Owner Name L F Mi: UICCU
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Water turned off in basement. Heat is set to 50 degrees.
  • T Val: 28000
  • Year Built: 1940
  • Tax Year Report: 2015
  • Subdivision: Cottrell's Addition
  • Directions: Hwy. 30 east to Clarence. Right on 7th Ave.
  • Amenities: Park, Sidewalks, Street Lights, Close to School
  • Basement Remarks: Block, Full
  • Fireplace Type Location: None
  • Interior R: Cable Available
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre, Level
  • Possession R: Immediate, At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: Great opportunity for a starter, downsizing, or investment property. This two bedroom, one bath home is located on a nice 1/3 acre lot. Some remodeling has been started. Newer composition shingles on house roof. Updated laminate & carpet flooring. Foyer entry. Rear patio with entry into enclosed porch. One stall detached garage. REO owned and being sold as-is with no expressed warranties or guarantees. No property disclosure. Take a look!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Satellite Dish
  • Number Bedrooms Main: 2
  • Sq Ft Above: 640
  • Total Three Quarter Bathrooms: 1
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room, Basement
  • Mstr Br Level: Main
  • Mstr Br Width: 9

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Garden Area, Patio, Porch

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, Water Softener (Owned)
  • Heating Cooling: Ceiling Fans, Gas, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: North Cedar
  • Middle School: North Cedar
  • High School: North Cedar
  • High School: North Cedar
  • Jr Middle School: North Cedar
  • Elementary School: North Cedar

Lot Info

  • Acreage: 0.36
  • Geo Subdivision: IA
  • Lot Dimensions: 75 X 207
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 702
  • Assessor Parcel Number: 039003261510070

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2023
Closed on
Jun 22, 2023
Sold by
Hansen Matthew J
Bought by
Fall Jaden R
Seller's Agent
Emily Robison
Pinnacle Realty LLC
Buyer's Agent
Ken Waterbeck
WATERBECK REAL ESTATE
List Price
$100,000
Sold Price
$96,700
Premium/Discount to List
-$3,300
-3.3%
Views
33
Current Estimated Value
$107,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,841
Avg. Annual Appreciation
4.77%
Original Mortgage
$87,030
Outstanding Balance
$84,686
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$22,855

Purchase Details

Closed on
May 12, 2021
Sold by
Heick Jeffrey L
Bought by
Herrell Michael C

Purchase Details

Closed on
Jul 28, 2020
Sold by
Mohr Daniel J and Mohr Amy
Bought by
Hansen Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2008
Sold by
Hermiston Nick and Hermiston Elizabeth
Bought by
Holerud Zachary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,100
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 27, 2005
Sold by
Frommelt Cy H
Bought by
Hermiston Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,100
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $97,000 None Listed On Document
Warranty Deed $97,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $65,000 None Available
Warranty Deed $49,000 None Available
Warranty Deed $46,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $87,030 New Conventional
Closed $87,030 New Conventional
Previous Owner $61,750 New Conventional
Previous Owner $44,100 Adjustable Rate Mortgage/ARM
Previous Owner $39,100 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $96,700 -3.3% $125 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
05/07/2023 05/07/23 For Sale $100,000 +257.1% $129 / Sq Ft
12/30/2015 12/30/15 Sold $28,000 -6.4% $44 / Sq Ft
12/10/2015 12/10/15 Pending -- -- --
12/07/2015 12/07/15 For Sale $29,900 -- $47 / Sq Ft
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 $1,396 $92,520 $16,650 $75,870
2023 $1,296 $88,730 $16,650 $72,080
2022 $1,090 $64,190 $14,570 $49,620
2021 $986 $64,190 $14,570 $49,620
2020 $948 $56,950 $14,570 $42,380
2019 $650 $36,740 $0 $0
2018 $634 $36,740 $0 $0
2017 $724 $40,010 $0 $0
2016 $710 $40,010 $0 $0
2015 $702 $40,010 $0 $0
2014 $702 $40,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20156454

Iowa City Area Association of REALTORS®

APN: 0390-03-26-151-007-0