NOT LISTED FOR SALE

516 N 2nd Ave E Newton, IA 50208

Estimated Value: $87,000 - $124,000

2 Beds
1 Bath
924 Sq Ft
$119/Sq Ft Est. Value

Last Sold March 16, 2017

Last sale price $43,765 $47 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $741/month

111 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Dining Area

About This Home

As of March 2017

Nice 2 bedroom home new carpeting and flooring, fresh paint inside and out. Newer windows and new furnace installed 2016. Great starter home or investment property move in ready! Nice level lot with 20'x20' detached garage.

Last Listed By

Leslie Morgan

First Choice Realty Listed on: 11/11/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $979

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Home Design

  • Bungalow
  • Asphalt Shingled Roof

Interior Spaces

  • 924 Sq Ft Home
  • Dining Area

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0834202015

Home Details

Home Type

Single Family

Est. Annual Taxes

$979

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bungalow
  • Lp Amt Sq Ft: 54.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 47.36
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Sq Ft Bsmt: 924
  • Dining Room: Dining Areas
  • Living Area Sq Ft: 924
  • Total Sq Ft: 924

Exterior Features

  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Newton

Lot Info

  • Acres: 0.2000
  • Lot S F: 8712
  • Lot Size: 66x132
  • Assessor Parcel Number: 0834202015
  • Zoning: R

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: 979.28
  • Net Taxes: 980.00

MLS Schools

  • School District: Newton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2016
Closed on
Mar 15, 2017
Sold by
Lake City Investements Llc
Bought by
Jeffrey Paul Homes Llc
Seller's Agent
Leslie Morgan
First Choice Realty
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$54,900
Sold Price
$43,765
Premium/Discount to List
-$11,135
-20.28%
Total Days on Market
111
Current Estimated Value
$110,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,534
Avg. Annual Appreciation
13.52%

Purchase Details

Closed on
Aug 5, 2016
Sold by
Reo Asset Management Company Llc
Bought by
Lake City Investments Llc

Purchase Details

Closed on
May 17, 2007
Sold by
Swanson James Paul and Swanson John Scott
Bought by
Fox Charles G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
6.22%
Mortgage Type
New Conventional

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
Jeffrey Paul Homes Llc $44,000 None Available
Lake City Investments Llc -- None Available
Reo Asset Management Company Llc -- None Available
Fox Charles G $42,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fox Charles G $33,600
Closed Reo Asset Management Company Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2017 03/16/17 Sold $43,765 -20.3% $47 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
11/11/2016 11/11/16 For Sale $54,900 -- $59 / Sq Ft
Source: Des Moines Area Association 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 $1,550 $82,290 $19,800 $62,490
2023 $1,550 $82,290 $19,800 $62,490
2022 $1,550 $74,490 $19,800 $54,690
2021 $1,092 $69,630 $19,800 $49,830
2020 $1,092 $46,530 $17,320 $29,210
2019 $1,002 $41,520 $0 $0
2018 $1,002 $41,520 $0 $0
2017 $1,004 $41,520 $0 $0
2016 $1,004 $41,520 $0 $0
2015 $980 $41,520 $0 $0
2014 $942 $41,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 528605

Des Moines Area Association of REALTORS®

APN: 08-34-202-015