NOT LISTED FOR SALE

716 Elm St Traer, IA 50675

Estimated Value: $157,000 - $176,000

3 Beds
2 Baths
1,920 Sq Ft
$85/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $170,000 $89 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,074/month

Highlights

  • RV or Boat Parking
  • Corner Lot
  • Forced Air Heating and Cooling System
  • Deck
  • Garden
  • Ceiling Fan

About This Home

As of May 2024

Enjoy small town living in this nicely updated ranch style home in the heart of Traer. This beautiful home has 3 bedrooms on the main floor and 1 full bathroom! The kitchen has newer cabinets and a large center island with seating along with an adjoining dining room. Enjoy grilling and entertaining all summer long on the back porch. The lower level has a nice sized 2nd living room, bonus room and extra storage area along with a second bathroom that has a shower and laundry space. There is a single stall tuck-under garage, another parking space on the side of the garage and a bonus spot for a camper or boat. The shed has electric and is large enough to hold all your tools and extras. This home is only a short 20-minute drive from Waterloo. Stop out to Traer and find the home you have been searching for!!!

Last Listed By

Jennifer Bainbridge

RE/MAX Concepts - Waterloo License #S63375000 Listed on: 04/18/2024

RE/MAX Concepts - Waterloo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,001

Year Built

  • Built in 1968

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 70x120
  • Corner Lot
  • Garden
  • Property is zoned R1-SF

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • Ceiling Fan
  • Partially Finished Basement
  • Interior Basement Entry
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • RV or Boat Parking

Outdoor Features

  • Deck
  • Storage Shed

Schools

  • North Tama Elementary And Middle School
  • North Tama High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0710208016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,001

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Parcel Number: 0710208016
  • Year Built: 1968
  • Property Sub-Type: Single Family Residence
  • ResoLaundryFeatures: Lower Level
  • ResoLotFeatures: Corner Lot
  • Lot Size Acres: 0.193
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-266-7100
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan/Light
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1920
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Built-In Oven, Built-In Range, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Gas Water Heater
  • Basement: Block, Entrance-Inside, Partially Unfinished
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 700
  • BelowGradeArea: 1220

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Garden, RV Parking, Storage Shed

Garage/Parking

  • Parking Features: 1 Stall

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: North Tama
  • High School: North Tama
  • Middle Or Junior School: North Tama

Lot Info

  • Zoning: R1-SF
  • Lot Dimensions: 70x120
  • Lot Size Sq Ft: 8400
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
May 30, 2024
Sold by
Davis Rex Alan and Davis Dana Jo
Bought by
Hemann Scott A and Hemann Nicole P
Seller's Agent
Jennifer Bainbridge
RE/MAX Concepts - Waterloo
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Total Days on Market
0
Views
21
Current Estimated Value
$163,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,389
Avg. Annual Appreciation
-4.08%
Original Mortgage
$42,500
Outstanding Balance
$14,591
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$149,020

Range of Values:

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Average Value
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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
Hemann Scott A $170,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hemann Scott A $42,500
Open Hemann Scott A $119,000
Closed Davis Rex Alan $50,000
Previous Owner Davis Rex A $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $170,000 -2.9% $89 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $175,000 -- $91 / 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 -- $122,810 $12,880 $109,930
2023 $2,002 $122,810 $12,880 $109,930
2022 $1,984 $112,930 $12,880 $100,050
2021 $1,928 $109,330 $12,560 $96,770
2020 $16 $101,590 $12,560 $89,030
2019 $1,606 $83,440 $0 $0
2018 $1,546 $83,440 $0 $0
2017 $1,452 $77,770 $0 $0
2016 $1,212 $71,710 $9,660 $62,050
2015 $1,204 $71,710 $9,660 $62,050
2014 $1,204 $73,140 $12,880 $60,260
Source: Public Records

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Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20241501

Northeast Iowa Regional Board of REALTORS®

APN: 07.10.208.016