NOT LISTED FOR SALE

516 2nd Ave SE Independence, IA 50644

Estimated Value: $142,000 - $219,000

2 Beds
1 Bath
864 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 07, 2019

Last sale price $115,000 $133 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,158/month

64 Days on Market

Highlights

  • Corner Lot
  • Patio
  • Forced Air Heating and Cooling System
  • 2 Car Garage

About This Home

As of August 2019

If you're looking for a quiet, comfortable home with plenty of garage space, this is it! This single level ranch home hosts 2 bedrooms, the laundry room, living room and kitchen on one level. There is a single car attached garage and also two additional detached garages on the property. Out the breezeway is a patio covered by a pergola. Contact your favorite Realtor for a showing today!

Last Agent to Sell the Property

Tyler Rasmussen

EPM, Iowa License #B63386000 Listed on: 05/27/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,962

Year Built

  • Built in 1954

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 132x83
  • Corner Lot
  • Property is zoned R-2

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • Crawl Space
  • Cooktop
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Breezeway

Schools

  • Independence Elementary And Middle School
  • Independence High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1004431004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,962

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Parcel Number: 1004431004
  • Year Built: 1954
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor
  • ResoLotFeatures: Corner Lot
  • Lot Size Acres: 0.25
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-560-3543
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Shingle
  • TotalFinishedSquareFootage: 864
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Electric Water Heater
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 0

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Breezeway, Patio

Garage/Parking

  • Parking Features: 1 Stall, 2 Stall, Attached Garage, Detached Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City Sewer
  • Water Source: City

Schools

  • Elementary School: Independence
  • High School: Independence
  • Middle Or Junior School: Independence

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 132x83
  • Lot Size Sq Ft: 10956
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1962

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2024
Sold by
Moore Marlys
Bought by
Smith Charles
Current Estimated Value
$175,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$79,547
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
Estimated Equity
$82,395
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 Buyer Sale Price Title Company
Smith Charles $145,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Charles $80,000
Previous Owner Moore Marlys $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2019 08/07/19 Sold $115,000 -8.0% $133 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
05/27/2019 05/27/19 For Sale $125,000 -- $145 / Sq Ft
Source: Northeast 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 $2,382 $140,030 $26,050 $113,980
2023 $2,382 $140,030 $26,050 $113,980
2022 $2,086 $108,040 $20,670 $87,370
2021 $2,082 $108,040 $20,670 $87,370
2020 $2,082 $100,220 $18,950 $81,270
2019 $2,050 $100,220 $18,950 $81,270
2018 $1,962 $97,570 $18,950 $78,620
2017 $1,704 $97,570 $18,950 $78,620
2016 $1,674 $84,670 $10,250 $74,420
2015 $1,674 $84,670 $10,250 $74,420
2014 $1,708 $84,670 $10,250 $74,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20192692

Northeast Iowa Regional Board of REALTORS®

APN: 10.04.431.004