NOT LISTED FOR SALE

613 5th St Wellsburg, IA 50680

Estimated Value: $93,000 - $128,000

4 Beds
1 Bath
1,333 Sq Ft
$85/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $53,000 $40 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $722/month

8 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace

About This Home

As of October 2020

Excellent opportunity in Wellsburg IA! This home sports a main floor bedroom, large kitchen/dining and huge living room! With over 1300 square feet of living space, central air and heat, 4 total bedrooms, and laundry on the main, this property has serious potential for a first time home buyer, investor, flipper etc. Property is in an estate and being sold AS-IS, hence the very aggressive price! Property sits on a corner lot, has an updated sewer line, and an attached oversized single stall garage! This is one of those diamonds in the rough! Looking for a good cash flow opportunity? This is a perfect example! Contact your favorite local realtor today to schedule a showing!

Last Agent to Sell the Property

Matthew Wikert

RE/MAX Concepts - Cedar Falls License #S62703000 Listed on: 08/21/2020

RE/MAX Concepts - Cedar Falls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,023

Year Built

  • Built in 1913

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 100 x 75

Parking

  • 1 Car Attached Garage

Home Design

  • Block Foundation
  • Slate Roof
  • Slate

Interior Spaces

  • 1,333 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Laundry on main level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Schools

  • Agwsr Elementary And Middle School
  • Agwsr High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 881814301011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,023

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Parcel Number: 881814301011
  • Year Built: 1913
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor
  • Lot Size Acres: 0.17
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-266-7100
  • MLS Status: Closed
  • Reso Fireplace Features: One, Living Room, Woodburning Fireplce
  • Reso Roof: Slate
  • TotalFinishedSquareFootage: 1333
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Block, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • BelowGradeArea: 784

Exterior Features

  • Construction Type: Slate

Garage/Parking

  • Parking Features: 1 Stall, Attached Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City Sewer
  • Water Source: City

Schools

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

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 100 x 75
  • Lot Size Sq Ft: 7500
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2022
Sold by
Lamasters Seth R
Bought by
Smock Nicole
Current Estimated Value
$113,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$87,655
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$27,539

Purchase Details

Listed on
Aug 21, 2020
Closed on
Sep 22, 2020
Sold by
Espr102434 Duane Dennis Murra Estate
Bought by
Lamasters Seth R
Seller's Agent
Matthew Wikert
RE/MAX Concepts - Cedar Falls
List Price
$63,000
Sold Price
$53,000
Premium/Discount to List
-$10,000
-15.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.24%
Original Mortgage
$42,400
Interest Rate
2.8%
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
Smock Nicole $90,000 --
Lamasters Seth R $53,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smock Nicole L $90,000
Closed Smock Nicole L $16,462
Previous Owner Lamasters Seth R $42,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $53,000 -15.9% $40 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $63,000 -- $47 / 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 $1,252 $83,080 $10,400 $72,680
2023 $1,252 $83,080 $10,400 $72,680
2022 $1,224 $67,310 $8,670 $58,640
2021 $1,224 $67,310 $8,670 $58,640
2020 $870 $58,620 $8,670 $49,950
2019 $838 $58,620 $8,670 $49,950
2018 $850 $54,280 $8,670 $45,610
2017 $860 $54,280 $8,670 $45,610
2016 $860 $54,280 $0 $0
2015 $860 $59,560 $0 $0
2014 $930 $59,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20204255

Northeast Iowa Regional Board of REALTORS®

APN: 881814301011