NOT LISTED FOR SALE

514 N Commerce St Monroe, IA 50170

Estimated Value: $116,000 - $151,543

4 Beds
2 Baths
1,510 Sq Ft
$88/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $92,500 $61 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $845/month

2 Days on Market

Highlights

  • Deck
  • Sun or Florida Room
  • Formal Dining Room
  • Wood Flooring
  • No HOA
  • Eat-In Kitchen

About This Home

As of November 2022

Great opportunity in PCM school district! Great location on corner lot across from the city park and close proximity to small town amenities! This 1.5 story home has 4 bedrooms, 2 full bathrooms, large backyard, oversized 2 stall detached garage with storage area and utility door. Enter the home through the enclosed front porch or deck. Tall ceilings on the main level, full bathroom, sitting area, and enclosed storage area off the kitchen allows access to basement or the backyard. Travel upstairs to find 3 additional bedrooms, full bathroom, family room with exterior access, sitting/dining area, and an area with a wet bar vibe. This home has so much potential! If you are looking for a home to use your imagination and creativity to make it own, this is your home with lots of space inside and out, and great location! Property is being sold as-is. Contact your favorite realtor today to schedule a showing today!

Last Agent to Sell the Property

Kim Schmidt

RE/MAX Concepts Listed on: 10/10/2022

RE/MAX Concepts

Last Buyer's Agent

Lori Storm

Realty ONE Group Impact

Realty ONE Group Impact

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,637

Year Built

  • Built in 1920

Lot Details

  • 8,694 Sq Ft Lot
  • Lot Dimensions are 63x138
  • Property is zoned 2famc

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,510 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Formal Dining Room
  • Sun or Florida Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1725480005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,637

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 66.23
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 61.26
  • Termite: Follow Showing Instructions
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Carpeting, Hardwood Floors, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Dining Room: Dining Areas, Eat In Kitchen, Formal Dining Rm
  • Family Room: 1st Floor
  • Other Rooms: 3 Season
  • Included Items: Dryer, Stove, Washer
  • Living Area Sq Ft: 1510
  • Total Sq Ft: 1510

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt, Concrete

Garage/Parking

  • Driveway: Gravel
  • Garage Sq Ft: 624
  • Garage: 2 Detached
  • Garage Parking Stalls: 2

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: None
  • Heat: Hot Water

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1996
  • Lot S F: 8694
  • Lot Shape: Regular
  • Lot Size: 63X138
  • Assessor Parcel Number: 1725480005
  • Zoning: 2famc

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1636.53
  • Net Taxes: 1458.00
  • Tax Year: 2021

MLS Schools

  • School District: Pcm (Prairie City-Monroe)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2022
Closed on
Nov 18, 2022
Sold by
Masters Eleanor Mae
Bought by
Hitze Brittany A
Seller's Agent
Kim Schmidt
RE/MAX Concepts
Buyer's Agent
Lori Storm
Realty ONE Group Impact
List Price
$100,000
Sold Price
$92,500
Premium/Discount to List
-$7,500
-7.5%
Views
32
Current Estimated Value
$132,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,681
Avg. Annual Appreciation
11.84%
Original Mortgage
$93,144
Outstanding Balance
$89,973
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$42,208
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hitze Brittany A $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hitze Brittany A $93,144
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2022 11/18/22 Sold $92,500 -7.5% $61 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
10/10/2022 10/10/22 For Sale $100,000 -- $66 / Sq Ft
Source: Des Moines Area Association of REALTORS®

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
2025 $1,890 $119,930 $12,850 $107,080
2024 $1,890 $127,700 $12,850 $114,850
2023 $1,886 $127,700 $12,850 $114,850
2022 $1,694 $108,130 $12,850 $95,280
2021 $1,458 $98,090 $12,850 $85,240
2020 $1,458 $78,400 $8,240 $70,160
2019 $1,332 $69,160 $0 $0
2018 $1,332 $69,160 $0 $0
2017 $1,326 $69,160 $0 $0
2016 $1,326 $69,160 $0 $0
2015 $1,250 $69,160 $0 $0
2014 $1,204 $69,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 661577

Des Moines Area Association of REALTORS®

APN: 17-25-480-005