NOT LISTED FOR SALE

549 7th Ave W Spencer, IA 51301

Estimated Value: $131,500

2 Beds
1 Bath
1,040 Sq Ft
$126/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $115,000 $111 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $858/month

30 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of December 2020

Wow! Have you been looking for a ranch home, on a corner lot, with a large fenced yard, a functional basement and an attached two car garage?! THIS IS IT! Stop your search! Be in your new home before winter!On the main floor you'll find two bedrooms and the full (recently updated) bathroom, the large galley kitchen and a porch/4 season room (Currently used for business!). In the basement you'll see the new flooring, fresh paint, and the non-conforming bedroom with a closet (just needs an egress window), along with a spacious laundry/utility room.

Last Agent to Sell the Property

Holly Brink

My Real Estate Company License #B61852 Listed on: 09/26/2020

Last Buyer's Agent

Katie Slater

NextHome at the Lakes License #B59206

NextHome at the Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,776

Year Built

  • Built in 1953

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 140.00 x 60.00

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 000963712478009 - 0

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,776

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Exclusions: Yes
  • Type: Single Family Residence
  • Year Built: 1953
  • Levels: One
  • Stories: 1
  • Architectural Style: Ranch
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Price Per S Q F T: 110.58
  • Total Sq Ft: 1040
  • Above Grade Finished: 1040
  • Below Grade Finished: 480
  • Finished Sq Ft: 1040

Exterior Features

  • Construction: Frame/Wood
  • Construction Materials: Vinyl Siding
  • Flood Zone: No
  • Waterfront: No

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 2

Utilities

  • Fuel: Electric
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public/City

Schools

  • School District: Spencer

Lot Info

  • Parcel Number: 000963712478009 - 0
  • Estimated Acres: 0.19
  • Estimated Lot Dimensions: 140.00 x 60.00
  • Lot Sq Ft: 8400

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 1776
  • Tax Classification: Homestead
  • Tax Year: 2020

MLS Schools

  • School District: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2022
Sold by
Martin Gregory Jann
Bought by
Smith Steven R and Smith Lorisa L
Current Estimated Value
$131,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 26, 2020
Closed on
Nov 30, 2020
Sold by
Bengford Nicholas R and Bengford Sarah A
Bought by
Gregory Jann Martin
Seller's Agent
Holly Brink
My Real Estate Company
Buyer's Agent
Katie Slater
NextHome at the Lakes
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2020
Sold by
Blue Water Financial Inc
Bought by
Bengford Nicholas R and Bengford Sarah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Steven R -- None Listed On Document
Gregory Jann Martin $115,000 None Available
Bengford Nicholas R $103,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gregory Jann Martin $93,000
Previous Owner Gregory Jann M $92,000
Previous Owner Gregory Jann Martin $92,000
Previous Owner Bengford Nicholas R $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $115,000 -4.2% $111 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
09/26/2020 09/26/20 For Sale $120,000 -- $115 / Sq Ft
Source: Iowa Great Lakes 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
2022 $193 $0 $0 $0
2021 $2,131 $109,980 $18,750 $91,230
2020 $1,776 $109,090 $15,970 $93,120
2019 $1,920 $99,280 $0 $0
2018 $265 $99,280 $0 $0
2017 $1,686 $83,450 $0 $0
2016 $1,402 $83,450 $0 $0
2015 $1,262 $82,660 $0 $0
2014 $1,218 $82,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 201441

Iowa Great Lakes Board of REALTORS®

APN: 9637-12-478-009