NOT LISTED FOR SALE

702 E Prospect St Red Oak, IA 51566

Estimated Value: $197,000 - $265,000

4 Beds
1.5 Baths
2,832 Sq Ft
$82/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $145,000 $51 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,680/month

334 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 2 Car Attached Garage
  • Recreation Room
  • Community Spa
  • Building Patio

About This Home

As of June 2019

This historic 4 bedroom, 1 1/2 bath home is in Red Oak, IA. This home beams with original oak doors, woodwork and floors, a beautiful built-in seat under the staircase, a sun porch off the main level, and an updated oak kitchen where all stainless-steel appliances remain. The stove is gas, and the fridge is a double door with ice/water on the front. The main level has a rec room with a huge fireplace, formal dining room with an original oak plate rail, and tall ceilings. The attic has spray insulation. The full bath on the upper level has tile surround accompanied by a huge linen closet in the hallway. The walk-out basement has great storage space, remaining washer and dryer, and a workshop area. The outside has beautiful landscaping in the front and 2 decks, a privacy fence, and sun-porch area. The back deck has space for a pool, but has been remodeled as a sunken fire pit area. This home has classic beauty, excellent care and unique qualities that make it one of a kind.

Last Listed By

Chris Amos

Rubey Realty Listed on: 06/13/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,372

Year Built

  • Built in 1909

Lot Details

  • 0.32 Acre Lot
  • Property is Fully Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 2,832 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Recreation Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,372

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Copyright Remarks: Yes
  • Legal Description: W 115' Lt 2, Blk 89,NE Addition, City of Red Oak, Montgomery County, Iowa
  • Municipality: Red Oak
  • Year Built: 1909
  • Home Warranty: No
  • OFFICELIST_ADDRESS: 702 E Prospect Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2018-06-13
  • List Office I D: 352
  • M L Number Foreign: WCIR20155735
  • Sales Office I D: 209
  • Selling Agent: 1121
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Street
  • Building Style: 2 Story
  • Bedroom 1 Level: Upper
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Flooring: Carpet, Hardwood, Other
  • Fireplaces: 1
  • Bedrooms: 4
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: (4th) Bedroom
  • Total Bathrooms: 2
  • Basement: Walkout, Full, Poured Concrete
  • Half Bathrooms: 1
  • Dining Room: Dining Room
  • Family Room: No
  • Kitchen: Kitchen
  • Kitchen Dim: 20 x 12
  • Kitchen Level: Main
  • Living Room: Living Room
  • Room 1: Recreation Room
  • Room 2: Bathroom
  • Room 3: Bathroom
  • Price Per S Q F T: 51.2
  • Above Grade Finished Sq Ft: 2832
  • Below Grade Total Sq Ft: 1606
  • Fireplace Chars: Other, Wood Burning
  • Fireplace: Yes
  • Room Types: Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Bedroom 1, Bedroom 4, Kitchen, Living Room, Bedroom 2, Bedroom 3
  • Interior Trim: Oak
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Dining Room Level: Main
  • Extra Room1 Level: Main
  • Extra Room2 Level: Upper
  • Extra Room3 Level: Main
  • Living Room Level: Main

Exterior Features

  • Exterior: Wood
  • Fencing: Full
  • Road Frontage: Paved Streets
  • Roof: Age 8 Years or Less, Other

Garage/Parking

  • Description: Attached Garage, Electric, Floor Drain
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Window
  • Garage Stalls: 2
  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected
  • Gas Budget: 191

Condo/Co-op/Association

  • Amenities: Deck, Patio, Hot Tub, Ceiling Fan(s), Cable, Other

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Red Oak

Lot Info

  • New Develop: No
  • Acres: 0.32
  • Homestead Description: Owner
  • Lot Dimensions: 115 x 120; .32 acres
  • Lot Size Sq Ft: 13800
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Tax Info

  • Tax With Assessments: 3372.22
  • Gross Taxes: 3372

MLS Schools

  • School District: 5463 - Red Oak
  • School District Name: Red Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2018
Closed on
Jun 19, 2019
Sold by
Osmond-Simpson Linda L and Simpson Arathur D
Bought by
Spillum Jodi and Spillum Karin
Seller's Agent
Chris Amos
Rubey Realty
List Price
$168,000
Sold Price
$145,000
Premium/Discount to List
-$23,000
-13.69%
Total Days on Market
334
Current Estimated Value
$233,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,478
Avg. Annual Appreciation
8.36%
Original Mortgage
$132,183
Interest Rate
4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 21, 2005
Sold by
Lerette Kent A and Lerette Sara D
Bought by
Osmond Simpson Linda L and Simpson Arthur D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,800
Interest Rate
6.17%
Mortgage Type
Future Advance Clause Open End Mortgage

Range of Values:

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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
Spillum Jodi $145,000 --
Osmond Simpson Linda L $139,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spillum Jodi $135,024
Closed Spillum Jodi $132,183
Previous Owner Osmond Simpson Linda L $77,000
Previous Owner Osmond Simpson Linda L $106,500
Previous Owner Osmond Simpson Linda L $7,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold $145,000 -13.7% $51 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
06/13/2018 06/13/18 For Sale $168,000 -- $59 / Sq Ft
Source: NoCoast MLS

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 $4,546 $212,350 $14,660 $197,690
2023 $4,030 $212,350 $14,660 $197,690
2022 $3,784 $158,260 $14,660 $143,600
2021 $3,640 $158,260 $14,660 $143,600
2020 $3,640 $145,200 $14,660 $130,540
2019 $3,508 $146,390 $14,660 $131,730
2018 $3,372 $133,220 $0 $0
2017 $3,372 $133,220 $0 $0
2015 $2,900 $133,220 $0 $0
2014 $3,004 $133,340 $0 $0
Source: Public Records

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Source: NoCoast MLS

MLS Number: NOC5415432

NoCoast MLS

APN: 600-62-81-400010-00