$69,000
$11K PRICE DROP

634 2nd St Traer, IA 50675

Estimated payment $410/month

Total Views 4,823
4 Beds
2 Baths
1,812 Sq Ft
$38 Price per Sq Ft

About This Home

Here is a rare chance to step into a renovation already in progress and bring it across the finish line. The original owner invested significant time and resources into transforming this 4-bedroom, 2-bath home and got close — very close. Most of the heavy lifting is done, and the project is now positioned perfectly for a savvy investor or owner-occupant ready to add the finishing touches and capture the upside. Set on a 4,791 sq ft lot in Traer, the property offers 1,812 sq ft of living space with a sound structural foundation and an interior that's further along than the price would suggest. Much of the renovation groundwork is already complete, meaning a new buyer can bypass the early, messy phases and focus on final finishes, fixtures, and cosmetics. Whether you're looking to flip, rent, or move in, the numbers here are compelling. At this stage of completion, your capital goes directly toward value-add finishes — not demo or structural work. Properties like this, already mid-renovation in a stable small-town Iowa market, don't last long once word gets out. Sold as-is. Buyer to verify all measurements and complete their own due diligence. Proof of funds or financing pre-approval preferred. Schedule your walkthrough today and see exactly where the project stands.

Listing Agent

Fernando Aveiga

EXP Realty, LLC Listed on: 05/11/2026

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $404

Year Built

  • Built in 1900

Home Design

  • Stone Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,812 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

Additional Features

  • 4,791 Sq Ft Lot
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 07.10.203.023

Home Details

Home Type

Single Family

Est. Annual Taxes

$404

Year Built

Built in 1900

Lot Details

4,791 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 38.08
  • Natl Assocof Home Builders: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Living Area Sq Ft: 1812
  • Total Sq Ft: 1812

Exterior Features

  • Foundation: Stone
  • Roof: Metal
  • Street Feature: Asphalt
  • Trim: Vinyl

Utilities

  • Sewer: City
  • Water: City, Community
  • Heat: Gas

Condo/Co-op/Association

  • Association Fee: No

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Lot Info

  • Lot S F: 4791
  • Assessor Parcel Number: 07.10.203.023
  • Zoning: R-1

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 404.00
  • Net Taxes: 776.00

MLS Schools

  • School District: North Tama County

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $776 $32,660 $7,360 $25,300
2024 $736 $37,040 $7,360 $29,680
2023 $688 $37,040 $7,360 $29,680
2022 $812 $34,590 $7,360 $27,230
2021 $804 $39,710 $9,570 $30,140
2020 $7 $37,400 $9,570 $27,830
2019 $706 $31,510 $0 $0
2018 $682 $31,510 $0 $0
2017 $682 $32,440 $0 $0
2016 $658 $32,440 $7,360 $25,080
2015 $674 $32,440 $7,360 $25,080
2014 $674 $34,230 $7,360 $26,870
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2026 07/27/26 Price Changed $69,000 -6.8% $38 / Sq Ft
07/08/2026 07/08/26 Price Changed $74,000 -7.5% $41 / Sq Ft
05/07/2026 05/07/26 For Sale $80,000 +527.5% $44 / Sq Ft
07/26/2023 07/26/23 Sold $12,750 -14.4% $7 / Sq Ft View Prior Sale
07/14/2023 07/14/23 Pending -- -- --
05/31/2023 05/31/23 Price Changed $14,900 -25.1% $8 / Sq Ft
04/15/2023 04/15/23 For Sale $19,900 -- $11 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $13,000 None Listed On Document
Special Warranty Deed $1,000 --
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes -- None Listed On Document
Warranty Deed $15,000 None Available
Warranty Deed $15,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $107,748 New Conventional
Previous Owner $27,000 Purchase Money Mortgage
Source: Public Records

Source: Des Moines Area Association of REALTORS®

MLS Number: 740272

Des Moines Area Association of REALTORS®

APN: 07.10.203.023

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