NOT LISTED FOR SALE

702 E 7th St Spencer, IA 51301

Estimated Value: $113,000 - $129,000

2 Beds
1.5 Baths
1,185 Sq Ft
$102/Sq Ft Est. Value

Last Sold January 23, 2018

Last sale price $74,000 $62 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $760/month

186 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Bathroom on Main Level
  • Spencer Middle School Rated 9+
  • Patio
  • 1-Story Property

About This Home

As of January 2018

Right size and the right price...One story home with a full basement.New flooring on main floor. Situated on a corner lot.

Last Agent to Sell the Property

Norma Haack

Hometown Realty License #B31471 Listed on: 07/10/2017

Last Buyer's Agent

Mark Mayer

EXIT Realty Midwest License #B20246

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,208

Year Built

  • Built in 1937

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60 x 120

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,185 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 9636 07 476 001 00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,208

Year Built

Built in 1937

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family Residence
  • Year Built: 1937
  • Levels: One
  • Stories: 1
  • Architectural Style: Ranch
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Bathroom Description: Main Floor Full Bath
  • Full Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Appliances: Dishwasher
  • Total Sq Ft: 1185

Exterior Features

  • Construction: Frame/Wood
  • Construction Materials: Vinyl Siding
  • Exterior Features: Patio
  • Flood Zone: No
  • Road Frontage Type: City Street
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public/City
  • Electric: Breakers

Lot Info

  • Parcel Number: 9636 07 476 001 00
  • Estimated Lot Dimensions: 60 x 120
  • Lot Sq Ft: 7200

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 1208
  • Tax Classification: Homestead
  • Tax Year: 2016

MLS Schools

  • School District: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2017
Closed on
Jan 23, 2018
Sold by
Parker Patricia L
Bought by
Mayer Laura B
Seller's Agent
Norma Haack
Hometown Realty
Buyer's Agent
Mark Mayer
EXIT Realty Midwest
List Price
$84,500
Sold Price
$74,000
Premium/Discount to List
-$10,500
-12.43%
Current Estimated Value
$121,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,251
Avg. Annual Appreciation
6.36%
Original Mortgage
$54,000
Outstanding Balance
$38,167
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$83,084

Purchase Details

Closed on
Apr 14, 2008
Sold by
Schmidt Betty J and Schmidt Richard D
Bought by
Parker Robert D and Parker Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mayer Laura B $73,500 --
Parker Robert D $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayer Laura B $54,000
Previous Owner Parker Robert D $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2018 01/23/18 Sold $74,000 -12.4% $62 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
07/10/2017 07/10/17 For Sale $84,500 -- $71 / Sq Ft
Source: Iowa Great Lakes Board of REALTORS®

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
2025 $1,554 $115,190 $19,950 $95,240
2024 $1,554 $107,320 $15,390 $91,930
2023 $728 $107,320 $15,390 $91,930
2022 $670 $89,650 $15,390 $74,260
2021 $666 $85,070 $15,390 $69,680
2020 $666 $80,490 $13,110 $67,380
2019 $852 $65,520 $0 $0
2018 $1,184 $65,520 $0 $0
2017 $1,184 $64,380 $0 $0
2016 $1,208 $64,380 $0 $0
2015 $1,232 $65,730 $0 $0
2014 $1,196 $65,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Norma Haack

    Hometown Realty

    Section Image

  • M

    Buyer's Agent in 2018

    Mark Mayer

    EXIT Realty Midwest

See All Agents

Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 170956

Iowa Great Lakes Board of REALTORS®

APN: 9636-07-476-001

Iowa Clay County Spencer 51301

702 E 7th St, Spencer, IA

Not Listed for Sale

Detached

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