NOT LISTED FOR SALE

514 1st Ave SW Le Mars, IA 51031

Estimated Value: $224,000 - $271,000

3 Beds
1.5 Baths
1,940 Sq Ft
$124/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $200,000 $103 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,506/month

2 Days on Market

Highlights

  • New Kitchen
  • Wood Flooring
  • Living Room
  • Deck
  • 1 Car Detached Garage
  • 3-minute walk to Foster Park

About This Home

As of September 2022

This charming 2 story home offers 3 beds, 1.5 baths. Spacious rooms, beautiful hardwood floors that we redone in 2021. Updates in include; new roof, furnace and water heater, kitchen and 1/2 bath in 2021. Basement walls were water locked and new windows in 2021. Radon system in 2020, garage door in 2019. Move in ready!

Last Agent to Sell the Property

Exit Midwest Admin

Exit Realty Midwest - LeMars License #B40607 Listed on: 08/08/2022

Exit Realty Midwest - LeMars

Last Buyer's Agent

Misty Szczech

Exit Realty Midwest - LeMars License #S59137

Exit Realty Midwest - LeMars

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,142

Year Built

  • Built in 1920

Lot Details

  • 6,875

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,940 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Wood Flooring
  • New Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1.5 Bathrooms

Basement

  • Block Basement Construction
  • Laundry in Basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Schools

  • Lemars Elementary And Middle School
  • Lemars High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener Leased
  • Internet Available

Additional Features

  • Deck
  • 6,875 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 003+12-16-188-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,142

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: 2 Story
  • Legal Description: S 55' LOT 8 BLK 70
  • Not Included: RING DOORBELL, CURTAINS, DINING LIGHT FIXTURE
  • Year Built: 1920
  • School Middle Junior: LeMars
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Included: STOVE, FRIDGE, MICROWAVE, DW, WASHER/DRYER, BLINDS/SHADES
  • Total Bedrooms: 3
  • Total Bathrooms: 1.5
  • Basement: Block
  • Basement Rooms: Laundry
  • Main Level Rooms: Dining, Kitchen, Living
  • Second Level Rooms: Bedroom, Full Bath, Master
  • Total Sq Ft: 1940
  • Main Level Sq Ft: 970
  • Sq Ft Above Grade: 1940
  • Price Per Sq Ft: 103.09

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage Type: Detached
  • Internet: Yes
  • Driveway: Concrete
  • Garage Spaces: 1
  • Sq Ft Garage: 324

Utilities

  • Air Conditioning Type: Central
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Softener: Rented
  • Water Type: City

Association/Amenities

  • Amenities: Deck, Garage Door Opener, Hardwood Floors, New Kitchen, Security System, Smoke Detector

Schools

  • Elementary School: LeMars
  • Middle School: LeMars
  • High School: LeMars

Lot Info

  • Acres: 0.16
  • Lot Sq Ft: 6,875
  • Parcel Number: 003+12-16-188-003

Tax Info

  • Year: 2022
  • Gross Taxes: 2142

MLS Schools

  • School Elementary: LeMars
  • School High: LeMars

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Sep 17, 2022
Sold by
Stengel Karen J
Bought by
Lancaster Matthew J and Lancaster April R
Seller's Agent
Exit Midwest Admin
Exit Realty Midwest - LeMars
Buyer's Agent
Misty Szczech
Exit Realty Midwest - LeMars
List Price
$190,000
Sold Price
$200,000
Premium/Discount to List
$10,000
5.26%
Current Estimated Value
$241,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,115
Avg. Annual Appreciation
7.65%
Original Mortgage
$196,377
Outstanding Balance
$188,573
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$59,477

Purchase Details

Listed on
Aug 8, 2022
Closed on
Sep 15, 2022
Sold by
Lancaster Matthew J and Lancaster April R
Bought by
Ramirez Jose O and Ramirez Nancy Paola
Seller's Agent
Exit Midwest Admin
Exit Realty Midwest - LeMars
Buyer's Agent
Misty Szczech
Exit Realty Midwest - LeMars
List Price
$190,000
Sold Price
$200,000
Premium/Discount to List
$10,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,377
Outstanding Balance
$188,573
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$59,477

Purchase Details

Closed on
Dec 24, 2014
Sold by
Gunther James W and Gunthee Susan L
Bought by
Lancaster 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
$99,450
Interest Rate
3.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lancaster Matthew J $135,000 --
Ramirez Jose O $200,000 --
Lancaster Matthew J $117,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Jose O $196,377
Previous Owner Lancaster Matthew J $19,000
Previous Owner Lancaster Matthew J $100,000
Previous Owner Lancaster Matthew J $99,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $200,000 +5.3% $103 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $190,000 -- $98 / Sq Ft
Source: Northwest 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 $2,310 $215,850 $19,390 $196,460
2023 $2,034 $180,560 $14,220 $166,340
2022 $2,012 $146,330 $14,220 $132,110
2021 $1,940 $146,330 $14,220 $132,110
2020 $1,940 $134,670 $14,220 $120,450
2019 -- $134,670 $14,220 $120,450
2018 -- $123,940 $14,220 $109,720
2017 -- $120,320 $0 $0
2016 -- $120,320 $0 $0
2015 -- $109,040 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 818312

Northwest Iowa Regional Board of REALTORS®

APN: 12-16-188-003