NOT LISTED FOR SALE

514 4th Ave W Spencer, IA 51301

Estimated Value: $124,000 - $254,000

4 Beds
3 Baths
2,032 Sq Ft
$88/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $102,000 $50 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,114/month

Highlights

  • 1 Car Detached Garage
  • Spencer Middle School Rated 9+
  • Forced Air Heating System

About This Home

As of June 2018

Turn Key Investment Property. Everything has been updated and remodeled in 2015 - kitchens with oak cupboards, bathrooms, flooring, plumbing, shingles, siding, breaker box, etc. There are (2) 1 bedroom apartments and (1) 2 bedroom. Check out this great opportunity today!

Last Agent to Sell the Property

Sue Metcalf

Century 21 ProLink Listed on: 04/05/2018

Last Buyer's Agent

Oxana Bedore

Century 21 ProLink

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905 | Remodeled

Lot Details

  • 10,650 Sq Ft Lot
  • Lot Dimensions are 75 x 142

Parking

  • 1 Car Detached Garage

Home Design

  • Triplex
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,032 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 640 9636 07 355 002 00

Property Details

Home Type

Multi-Family

Year Built

Built in 1905 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Class: MULTIFAMILY
  • Remodeled Addition: Yes
  • Type: Triplex
  • Year Built: 1905
  • Property Condition: Updated/Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Price Per S Q F T: 50.2
  • Total Sq Ft: 2032
  • Above Grade Finished: 2032
  • Fireplace: No
  • Finished Sq Ft: 2032

Exterior Features

  • Construction: Frame/Wood
  • Construction Materials: Vinyl Siding
  • Flood Zone: No
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1

Utilities

  • Fuel: Electric
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public/City

Schools

  • School District: Spencer

Lot Info

  • Parcel Number: 640 9636 07 355 002 00
  • Estimated Acres: 0.24
  • Estimated Lot Dimensions: 75 x 142
  • Lot Sq Ft: 10650

Rental Info

  • Furnished: No

Multi Family

  • Number Of Units: 3

Tax Info

  • Tax Amount: 2868
  • Tax Classification: Commercial
  • Taxes W Assessments: 2868
  • Tax Year: 2018

MLS Schools

  • School District: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
Jun 11, 2018
Sold by
Schmidt Deb
Bought by
Lovan Muan and Muller Amanda J
Seller's Agent
Sue Metcalf
Century 21 ProLink
Buyer's Agent
Oxana Bedore
Century 21 ProLink
List Price
$109,000
Sold Price
$102,000
Premium/Discount to List
-$7,000
-6.42%
Current Estimated Value
$179,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,460
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
Lovan Muan $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Debra $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $102,000 -6.4% $50 / Sq Ft
05/04/2018 05/04/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $109,000 -- $54 / Sq Ft
Source: Iowa Great Lakes 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 $1,986 $124,060 $13,500 $110,560
2023 $2,040 $124,060 $13,500 $110,560
2022 $2,232 $115,850 $13,500 $102,350
2021 $2,328 $106,050 $13,500 $92,550
2020 $2,328 $103,290 $13,500 $89,790
2019 $2,864 $118,510 $0 $0
2018 $3,032 $118,510 $0 $0
2017 $3,032 $104,650 $0 $0
2016 $1,194 $41,060 $0 $0
2015 $724 $23,880 $0 $0
2014 $758 $23,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 180442

Iowa Great Lakes Board of REALTORS®

APN: 9636-07-355-002