$60,000
SOLD JAN 14, 2026

520 E 2nd St Spencer, IA 51301

2 Beds
1 Bath
884 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$68 Per Sq Ft

45% Below List Price

116 Days on Market

Highlights

  • Formal Dining Room
  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Spencer Middle School Rated 9+
  • Porch
  • Woodwork

About This Home

As of January 2026

Opportunity Knocks! This classic bungalow offers a great starting point for your next investment or new home —whether you’re looking to start home ownership, flip or add a steady rental to your portfolio. Featuring potentially two bedrooms, one bath, an eat-in kitchen, and a formal dining room, the layout is simple and functional. Original woodwork trim adds character throughout, while an enclosed front porch extends the living space and provides a welcoming entry. The property also includes a one-car detached garage and is conveniently located near the high school, making it appealing for future tenants or buyers. With its manageable size and traditional charm, this home is ready for your vision and updates.

Last Agent to Sell the Property

Kelly Bierl

Hometown Realty License #B64536 Listed on: 08/12/2025

Last Buyer's Agent

Bryan Sebastian

Hinn Real Estate License #S65753

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 9,375 Sq Ft Lot
  • Lot Dimensions are 75 x 125

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Bungalow
  • Asphalt Roof
  • Steel Siding
  • Stick Built Home

Interior Spaces

  • 884 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 963618207016

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

9,375 Sq Ft Lot

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: No
  • Type: Single Family Residence
  • Year Built: 1915
  • Levels: One
  • Stories: 1
  • Architectural Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen, Main Floor Bedrooms, Natural Woodwork
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Dining Room: Combine with Kitchen, Formal
  • Appliances: Cooktop, Refrigerator, Wall Oven
  • Price Per S Q F T: 67.87
  • Total Sq Ft: 884
  • Above Grade Finished: 884
  • Fireplace: No
  • Finished Sq Ft: 884
  • Basement Features: Finished-Partial

Exterior Features

  • Construction: Stick Built
  • Construction Materials: Steel Siding
  • Exterior Features: Driveway-Concrete, Patio, Porch
  • Flood Zone: No
  • Road Frontage Type: Curbs & Gutters, Sidewalks
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public/City
  • Electric: Breakers

Lot Info

  • Parcel Number: 963618207016
  • Estimated Acres: 0.22
  • Estimated Lot Dimensions: 75 x 125
  • Lot Sq Ft: 9375

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 1548
  • Tax Classification: Homestead
  • Tax Year: 2024

MLS Schools

  • School District: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2025
Closed on
Jan 12, 2026
Sold by
Davis Raymond M
Bought by
Hare Jody Rae
Seller's Agent
Kelly Bierl
Hometown Realty
Buyer's Agent
Bryan Sebastian
Hinn Real Estate
List Price
$110,000
Sold Price
$60,000
Premium/Discount to List
-$50,000
-45.45%
Views
166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
346.31%

Purchase Details

Closed on
Jul 19, 2017
Sold by
Schillinger Scott W and Schillinger Sherian L
Bought by
Davis Raymond M
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Fiduciary Deed $60,000 None Listed On Document
Warranty Deed $3,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2026 01/14/26 Sold $60,000 -14.3% $68 / Sq Ft
12/06/2025 12/06/25 Pending -- -- --
11/25/2025 11/25/25 Price Changed $70,000 -12.5% $79 / Sq Ft
11/03/2025 11/03/25 Price Changed $80,000 -15.7% $90 / Sq Ft
10/08/2025 10/08/25 Price Changed $94,900 -5.0% $107 / Sq Ft
09/02/2025 09/02/25 Price Changed $99,900 -9.2% $113 / Sq Ft
08/12/2025 08/12/25 For Sale $110,000 -- $124 / Sq Ft
Source: Iowa Great Lakes Board 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
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2017 $880 $58,970 $0 $0
2016 $880 $58,970 $0 $0
2015 $812 $55,300 $0 $0
2014 $284 $55,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 251037

Iowa Great Lakes Board of REALTORS®

APN: 9636-18-207-016

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