NOT LISTED FOR SALE

602 E 5th St Spencer, IA 51301

Estimated Value: $175,000 - $205,000

2 Beds
1 Bath
2,208 Sq Ft
$85/Sq Ft Est. Value

Last Sold November 18, 2019

Last sale price $141,500 $64 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,265/month

140 Days on Market

Highlights

  • Deck
  • 1-Story Property
  • Community Deck or Porch
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of November 2019

Enjoy maintenance free living in this Duplex.Each Duplex has 2 bedrooms and 1 bath. Lots of updates with a newer 2 car garage and that was built in 2016 , Newer smart board siding and newer double pane insulate windows, also new Pex plumbing lines throughout and newer appliances. Also 2 new wood decks were installed in 2017 and it has newer furnaces and newer A/C's. Just move right in or keep it rented out.

Last Agent to Sell the Property

Norma Haack

Hometown Realty License #B31471 Listed on: 06/14/2019

Last Buyer's Agent

Norma Haack

Hometown Realty License #B31471 Listed on: 06/14/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,076

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 2,208 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,208 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Tenant pays for electricity, fuel, water/sewer
  • Assessor Parcel Number 9636 07 481 001 00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,076

Year Built

Built in 1953 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Class: MULTIFAMILY
  • Type: Duplex
  • Year Built: 1953
  • Levels: One
  • Property Condition: Updated/Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space
  • Total Sq Ft: 2208
  • Above Grade Finished: 2208
  • Fireplace: No
  • Basement Features: None

Exterior Features

  • Construction: Frame/Wood
  • Construction Materials: Other
  • Exterior Features: Driveway-Asphalt, Driveway-Concrete
  • Flood Zone: No
  • Road Frontage Type: City Street
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1

Utilities

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

Association/Amenities

  • Community Features: Deck

Schools

  • School District: Spencer

Lot Info

  • Parcel Number: 9636 07 481 001 00
  • Estimated Lot Dimensions: 50 x 150
  • Lot Sq Ft: 2208

Rental Info

  • Tenant Pays: Electricity, Fuel, Water/Sewer
  • Furnished: No

Multi Family

  • Number Of Units: 2

Tax Info

  • Tax Amount: 2076
  • Tax Classification: Non-Homestead
  • Taxes W Assessments: 2076
  • Tax Year: 2018

MLS Schools

  • School District: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2023
Sold by
Larson Sheryl E
Bought by
Sheryl E Larson Trust
Current Estimated Value
$188,250

Purchase Details

Listed on
Jun 14, 2019
Closed on
Nov 13, 2019
Sold by
Lamport William B and Lamport Rochelle K
Bought by
Larson Sheryl E
Seller's Agent
Norma Haack
Hometown Realty
Buyer's Agent
Norma Haack
Hometown Realty
List Price
$149,000
Sold Price
$141,500
Premium/Discount to List
-$7,500
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Original Mortgage
$136,853
Interest Rate
3.6%
Mortgage Type
FHA
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
Sheryl E Larson Trust -- --
Larson Sheryl E $141,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larson Sheryl E $136,853
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2019 11/18/19 Sold $141,500 -5.0% $64 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $149,000 -- $67 / 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
2024 $2,862 $195,520 $13,770 $181,750
2023 $2,862 $195,520 $13,770 $181,750
2022 $2,514 $162,950 $13,770 $149,180
2021 $2,476 $149,600 $13,770 $135,830
2020 $2,476 $140,020 $11,730 $128,290
2019 $2,108 $114,930 $0 $0
2018 $2,076 $114,930 $0 $0
2017 $2,076 $106,870 $0 $0
2016 $1,928 $102,770 $0 $0
2015 $1,966 $104,890 $0 $0
2014 $1,966 $104,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 190913

Iowa Great Lakes Board of REALTORS®

APN: 9636-07-481-001