NOT LISTED FOR SALE

515 2nd Ave E Albia, IA 52531

Estimated Value: $71,000 - $94,000

2 Beds
1 Bath
1,040 Sq Ft
$82/Sq Ft Est. Value

Last Sold April 12, 2023

Last sale price $65,000 $62 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $512/month

12 Days on Market

Highlights

  • Ranch Style House
  • Detached Garage
  • Living Room
  • Wood Flooring
  • Concrete Block With Brick
  • Laundry Room

About This Home

As of April 2023

This pleasant Albia home is located in a quiet neighborhood just off the town square, providing easy accessibility to town activities, parks, restaurants, and the local school district. With a potential investment opportunity, this modest home offers many options for buyers! Built in 1950, this property features a spacious kitchen/dining area, an expansive living area, 2 bedrooms, 1 full bathroom, a laundry nook with storage, a full unfinished basement, and a large yard. The exterior offers plenty of space to play or expand if desired. With a few updates, this property could be exploding with opportunities! Property is being sold in as-is condition.

Last Listed By

Olivia Teno

Hawkeye Farm Mgmt & Real Estat Listed on: 03/16/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,390

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66' x 132'

Parking

  • Detached Garage

Home Design

  • Ranch Style House
  • Concrete Block With Brick
  • Poured Concrete
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • 100 Amp Service

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,390

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Special: Main Floor Laundry
  • Property Sub Type: Single Family
  • Accessible: None
  • Construction Status: Previously Owned
  • Legal Description: Lot seven Block three Mock's First Addition to the City of Albia, Iowa. Exact legal to come from abstract.
  • Municipality: Albia
  • Year Built: 1950
  • OFFICELIST_ADDRESS: 515 2nd Avenue E
  • Distribute To Internet: Yes
  • List Office I D: 837
  • Sales Office I D: 837
  • Selling Agent: 5225
  • Street Designation: Avenue
  • Building Style: Ranch
  • Bedroom 1 Level: Main
  • Special Features: None

Interior Features

  • Common Walls: No
  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Living Area Units: Square Feet
  • Flooring: Carpet, Hardwood, Linoleum
  • Bedrooms: 2
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: No
  • Bedroom 4: No
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Basement: Full, Concrete Block, Poured Concrete, Unfinished
  • Dining Room: Dining Room
  • Family Room: No
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Room 1: Bathroom
  • Room 2: Laundry
  • Price Per S Q F T: 62.5
  • Above Grade Finished Sq Ft: 1040
  • Above Grade Finished Sq Ft: 1040
  • Below Grade Total Sq Ft: 1040
  • Fireplace: No
  • Total Finished Sq Ft: 1040
  • Bedroom 2 Level: Main
  • Dining Room Level: Main
  • Extra Room1 Level: Main
  • Extra Room2 Level: Main
  • Living Room Level: Main

Exterior Features

  • Exterior: Vinyl
  • Road Frontage: City Street
  • Roof: Asphalt Shingles

Garage/Parking

  • Description: Detached Garage
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Window
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected
  • Electric: 100 Amp Service, Circuit Breakers

Condo/Co-op/Association

  • Amenities: Walk-Up Attic

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.2
  • Geo Update Timestamp: 2023-03-16
  • Assessment Pending: No
  • Homestead Description: Owner
  • Lot Dimensions: 66' X 132'
  • Lot Size Sq Ft: 8712
  • Lot Size Units: Acres
  • Zoning: Residential-Single Family

Tax Info

  • Tax Year: 2022
  • Gross Taxes: 1390
  • Net Taxes: 1194

MLS Schools

  • School District: 81 - Albia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2025
Sold by
Archer Rhonda Marie
Bought by
Archer Savannah Marie
Total Days on Market
12
Current Estimated Value
$85,728

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 12, 2023
Sold by
Pasut Michele Marie
Bought by
Archer Rhonda Marie
Seller's Agent
Olivia Teno
Hawkeye Farm Mgmt & Real Estat
Buyer's Agent
John Brett
Select Realty
List Price
$67,500
Sold Price
$65,000
Premium/Discount to List
-$2,500
-3.7%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.44%

Purchase Details

Closed on
Apr 1, 2016
Sold by
Williams Michele Marie and Pasut Michele Marie
Bought by
Pasut Michele Marie

Purchase Details

Closed on
Oct 2, 2013
Sold by
Williams Brian Dean
Bought by
Williams Michele Marie

Purchase Details

Closed on
Apr 29, 2013
Sold by
Hughes Michele M and Williams Michele M
Bought by
Williams Michele M and Hughes Michele M

Purchase Details

Closed on
Aug 15, 2005
Sold by
Kamerick Justin M
Bought by
Spitzer Mary Beth and Helm Ronald J

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 Buyer Sale Price Title Company
Archer Savannah Marie -- None Listed On Document
Archer Savannah Marie -- None Listed On Document
Archer Rhonda Marie $65,000 None Listed On Document
Pasut Michele Marie -- None Available
Williams Michele Marie -- None Available
Williams Michele M -- None Available
Spitzer Mary Beth $41,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Michele M $14,200
Previous Owner Pasut Michele M $13,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2023 04/12/23 Sold $65,000 -3.7% $63 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $67,500 -- $65 / Sq Ft
Source: NoCoast MLS

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 $442 $68,340 $14,060 $54,280
2023 $442 $68,340 $14,060 $54,280
2022 $1,194 $63,780 $10,820 $52,960
2021 $1,110 $63,780 $10,820 $52,960
2020 $1,110 $53,870 $9,240 $44,630
2019 $1,190 $53,870 $9,240 $44,630
2018 $1,190 $52,710 $9,240 $43,470
2017 $1,164 $52,710 $9,240 $43,470
2016 $1,148 $50,430 $0 $0
2015 $1,116 $48,990 $0 $0
2014 $1,116 $48,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2023

    Olivia Teno

    Hawkeye Farm Mgmt & Real Estat

    (641) 777-1345

    12 Total Sales

    Olivia Teno
    Section Image

  • J

    Buyer's Agent in 2023

    John Brett

    Select Realty

See All Agents

Map

Source: NoCoast MLS

MLS Number: NOC6306300

NoCoast MLS

APN: 210-022-01-6000000

Iowa Monroe County Albia 52531

515 2nd Ave E, Albia, IA

Homes for Sale in Albia, IA

This home is located at 515 2nd Ave E, Albia, IA 52531 since 16 March 2023 and is currently estimated at $85,728, approximately $82 per square foot. This property was built in 1950. 515 2nd Ave E is a home located in Monroe County with nearby schools including Kendall Elementary School, Lincoln Center, and Grant Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.

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