$59,000
SOLD MAY 30, 2024

701 E Lowe Ave Unit 303 Fairfield, IA 52556

3 Beds
2 Baths
1,129 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$52 Per Sq Ft

21% Below List Price

272 Days on Market

Highlights

  • Living Room
  • Dining Room
  • Family Room
  • Central Air

About This Home

As of May 2024

Smart move! Heartland Park condo community renovation is underway and this comfy 3 bed, 2 bath unit has already had some improvements made, with more scheduled. Priced for quick sale to buyer who sees value now and high potential for added value in coming years. Clean, well kept, located on pleasant garden level. Walk out private patio with serene view. Attractive, durable low-maintenance laminate and tile floors throughout. Plenty of kitchen cabinets and counter space, double basin sink, water purifier, dishwasher, microwave, refrigerator. Plus, a convenient private storage area on the HP premises is included. Many recent improvements: energy efficient furnace and central air (2021); ventless dryer ('23), dehumidifier ('23); water heater ('16); upgraded picture window and two double-hung windows in living room installed this past October! Please note: the project to replace siding and roofing throughout the HP complex is in progress. When completed, the new siding, roofs, windows and doors are expected to considerably enhance the buildings’ appearance, improve weatherproofing and energy efficiency and increase the value of the condos! The owners of this unit have paid the improvement assessments for 2023 and 2024 billed this spring. They are willing to consider selling price options, including possible cash back to the new owners at closing.

Last Agent to Sell the Property

Lisa Cohen

Village Realty

Last Buyer's Agent

Tammy Dunbar

Fairfield Real Estate

Fairfield Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,129 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 3,049 Sq Ft Lot
  • Central Air

Community Details

  • Association fees include snow removal, lawn care, outside maintenance, hazard insurance, building exterior, parking space, snow removal/lawn care
  • Association Phone (919) 259-5152
  • Property managed by Heartland Park Condo Association

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Sub Type: Condo/Townhome
  • Accessible: None
  • Legal Description: HEARTLAND PARK CONDO UNIT 303
  • Municipality: Fairfield
  • Year Built: 1985
  • OFFICELIST_ADDRESS: 701 E Lowe #303
  • Distribute To Internet: Yes
  • List Office I D: 735
  • Sales Office I D: 708
  • Selling Agent: 3822
  • Building Style: Other (see remarks)
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: (4th) Bedroom
  • Total Bathrooms: 2
  • Basement: Slab
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Living Room: Living Room
  • Price Per S Q F T: 52.26
  • Above Grade Finished Sq Ft: 1129
  • Total Finished Sq Ft: 1129

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Description: Driveway - Concrete
  • Fuel: Electric

Utilities

  • Air Conditioner: Central
  • Heating: Other
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Lawn Care, Outside Maintenance, Hazard Insurance, Building Exterior, Parking Space, Snow Removal/Lawn Care
  • Association Fee: 250
  • Management Company: Heartland Park Condo Association
  • Association Management Company Phone Number: 919-259-5152
  • Association Fee Frequency: Monthly

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.07
  • Geo Update Timestamp: 2023-10-09
  • Assessment Pending: Unknown
  • Homestead Description: None
  • Lot Dimensions: .x.
  • Lot Size Sq Ft: 3049
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Gross Taxes: 1750
  • Net Taxes: 1750

MLS Schools

  • School District: 2169 - Fairfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
May 15, 2024
Sold by
Glassett Michael and Glassett Terri
Bought by
Quantumx Llc
Seller's Agent
Lisa Cohen
Village Realty
Buyer's Agent
Tammy Dunbar
Fairfield Real Estate
List Price
$75,000
Sold Price
$59,000
Premium/Discount to List
-$16,000
-21.33%
Total Days on Market
272
Views
376
Current Estimated Value
$99,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,879
Avg. Annual Appreciation
92.22%

Purchase Details

Closed on
Jan 28, 2022
Sold by
Glassett Brian M
Bought by
Glassett Michael and Glassett Terri

Purchase Details

Closed on
Jan 6, 2012
Sold by
Parish Ben and Parish Mary
Bought by
Glassett Michael and Glassett Terri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,200
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 23, 2009
Sold by
Schreck Daniel and Schreck Renuka
Bought by
Parish Ben and Parish Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,800
Interest Rate
5.62%
Mortgage Type
Future Advance Clause Open End Mortgage

Map

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 Type Sale Price Title Company
Warranty Deed $59,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $54,625 None Available
Warranty Deed $52,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $43,200 Adjustable Rate Mortgage/ARM
Previous Owner $46,800 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $59,000 -7.8% $52 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
04/22/2024 04/22/24 Price Changed $64,000 -13.5% $57 / Sq Ft
03/12/2024 03/12/24 Price Changed $74,000 +25.4% $66 / Sq Ft
10/30/2023 10/30/23 Price Changed $59,000 -9.2% $52 / Sq Ft
10/19/2023 10/19/23 Price Changed $65,000 -5.8% $58 / Sq Ft
09/28/2023 09/28/23 Price Changed $69,000 -8.0% $61 / Sq Ft
09/25/2023 09/25/23 For Sale $75,000 0.0% $66 / Sq Ft
09/24/2023 09/24/23 Pending -- -- --
09/08/2023 09/08/23 Price Changed $75,000 -5.1% $66 / Sq Ft
08/25/2023 08/25/23 Price Changed $79,000 -11.2% $70 / Sq Ft
08/09/2023 08/09/23 For Sale $89,000 -- $79 / Sq Ft
Source: NoCoast MLS

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 $15 $78,800 $4,800 $74,000
2023 $1,750 $78,800 $4,800 $74,000
2022 $1,712 $84,500 $4,800 $79,700
2021 $1,712 $84,500 $4,800 $79,700
2020 $1,688 $80,500 $4,800 $75,700
2019 $1,768 $78,200 $0 $0
2018 $1,696 $78,200 $0 $0
2017 $1,696 $64,700 $0 $0
2016 $1,422 $64,700 $0 $0
2015 $1,248 $55,200 $0 $0
2014 $1,248 $55,200 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Source: NoCoast MLS

MLS Number: NOC6310428

NoCoast MLS

APN: 06-25-257-011