NOT LISTED FOR SALE

5620 Independence Ave Waterloo, IA 50703

Estimated Value: $183,000 - $306,000

3 Beds
1 Bath
1,232 Sq Ft
$209/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $208,000 $169 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,634/month

6 Days on Market

Highlights

  • Multiple Fireplaces
  • Crops Farm
  • Level Lot
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of April 2022

**Acreage Alert** Here is your chance to own 8.5 acres on a hard surface road. Just a few miles north of Raymond on Independence Ave. Ranch style home that offers 3 bedrooms and a full bath on the main level. Spacious kitchen and a large living room. Full unfinished basement with great storage. 2 stall attached garage and a few older outbuildings. Very large pasture out back of the home. Currently used for hay, could be used for many future ideas. Please call today and set up your showing. Rare opportunity to take advantage of!!!!

Last Agent to Sell the Property

Ryan Backes

Backes Real Estate License #B56242 Listed on: 03/23/2022

Co-Listed By

Greg Kastli

Backes Real Estate License #S62096000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,482

Year Built

  • Built in 1967

Lot Details

  • 8.68 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Foundation
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Masonry Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Laundry on lower level

Kitchen

  • Built-In Oven
  • Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Dunkerton Elementary And Middle School
  • Dunkerton High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Septic Tank

Additional Features

  • Outbuilding
  • Crops Farm

Listing and Financial Details

  • Assessor Parcel Number 891226201004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,482

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Parcel Number: 891226201004
  • Year Built: 1967
  • Property Sub-Type: Acres
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • ResoLotFeatures: Crops, Level
  • Lot Size Acres: 8.68
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Gravel
  • Co List Office Mls Id: NBR482
  • Co List Office Phone: 319-226-3396
  • Co List Office Phone: 319-226-3396
  • MLS Status: Closed
  • Reso Fireplace Features: Multiple, Woodburning Fireplce
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1232
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Oven, Cooktop, Refrigerator
  • Basement: Block, Concrete
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • BelowGradeArea: 1232

Exterior Features

  • Construction Type: Masonry
  • Exterior Features: Outbuilding(s)

Garage/Parking

  • Parking Features: 2 Stall, Attached Garage

Utilities

  • Cooling: Window Unit(s)
  • Heating: Forced Air, Gas
  • Sewer: Septic Tank
  • Water Source: Rural

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

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

Lot Info

  • Zoning: R-1
  • Lot Dimensions: x
  • Lot Size Sq Ft: 378101
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2482

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
Apr 25, 2022
Sold by
Smith Ryan D
Bought by
Rivera Rebecca J and Delgado Josue Rivera
Seller's Agent
Ryan Backes
Backes Real Estate
List Price
$225,000
Sold Price
$208,000
Premium/Discount to List
-$17,000
-7.56%
Current Estimated Value
$257,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,086
Avg. Annual Appreciation
9.04%
Original Mortgage
$20,800
Outstanding Balance
$16,268
Interest Rate
4.4%
Estimated Equity
$260,998

Purchase Details

Closed on
Jan 31, 2007
Sold by
Smith William D
Bought by
Smith Ryan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.25%
Mortgage Type
New Conventional
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
Rivera Rebecca J $208,000 None Listed On Document
Smith Ryan D $86,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Rebecca J $20,800
Open Rivera Rebecca J $187,200
Previous Owner Smith Ryan $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $208,000 -7.6% $169 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $225,000 -- $183 / 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 $2,794 $266,270 $90,000 $176,270
2023 $2,562 $235,590 $90,000 $145,590
2022 $2,510 $183,230 $72,000 $111,230
2021 $2,350 $183,230 $72,000 $111,230
2020 $2,318 $162,230 $51,000 $111,230
2019 $2,318 $162,230 $51,000 $111,230
2018 $2,336 $162,230 $51,000 $111,230
2017 $2,368 $162,230 $51,000 $111,230
2016 $2,242 $162,230 $51,000 $111,230
2015 $2,326 $162,230 $51,000 $111,230
2014 $2,330 $162,230 $51,000 $111,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20221064

Northeast Iowa Regional Board of REALTORS®

APN: 8912-26-201-004