$157,000
SOLD FEB 7, 2025

717 E 5th St Spencer, IA 51301

3 Beds
1 Bath
1,360 Sq Ft
0.36 Acres

Recently Sold

$115 Per Sq Ft

3% Below List Price

5 Days on Market

Highlights

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

About This Home

As of February 2025

Charming & Move-In Ready! This adorable home is packed with updates and ready for you! The completely remodeled kitchen features stylish finishes and appliances. The main floor offers 2 cozy bedrooms and a full bathroom, while the basement boasts a spacious family room, a versatile non-conforming bedroom or home office, and a new water heater for peace of mind. Outside, you'll find a large backyard perfect for entertaining, along with a new driveway and a freshly installed garage door. Don't miss this opportunity

Last Agent to Sell the Property

Kari Stave

EXIT Realty Midwest- Spencer/Emmetsburg License #S63312 Listed on: 12/10/2024

EXIT Realty Midwest- Spencer/Emmetsburg

Last Buyer's Agent

Susanne Hallett

Realty Professionals License #B26800

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,208

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 73x217

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

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

Community Details

  • Palmers Suburban Lots Subdivision

Listing and Financial Details

  • Assessor Parcel Number 963607480008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,208

Year Built

Built in 1949 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: No
  • Type: Single Family Residence
  • Year Built: 1949
  • Levels: One
  • Stories: 1
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Main Floor Bedrooms
  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Bathroom Description: Main Floor Full Bath
  • Full Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Price Per S Q F T: 115.44
  • Total Sq Ft: 1820
  • Above Grade Finished: 910
  • Finished Sq Ft: 1360

Exterior Features

  • Construction: Frame/Wood
  • Construction Materials: Vinyl Siding
  • 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

Condo/Co-op/Association

  • Complex Development Subdivision Name: PALMERS SUBURBAN LOTS

Lot Info

  • Parcel Number: 963607480008
  • Estimated Acres: 0.36
  • Estimated Lot Dimensions: 73X217
  • Lot Sq Ft: 15549

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 2208
  • Tax Classification: Homestead
  • Tax Year: 2023

MLS Schools

  • School District: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2024
Closed on
Feb 5, 2025
Sold by
Seier Brady T and Seier Elise M
Bought by
Mugge Aaron M and Mugge Amanda M
Seller's Agent
Kari Stave
EXIT Realty Midwest- Spencer/Emmetsburg
Buyer's Agent
Susanne Hallett
Realty Professionals
List Price
$162,500
Sold Price
$157,000
Premium/Discount to List
-$5,500
-3.38%
Views
12
Current Estimated Value
$168,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,835
Avg. Annual Appreciation
9.15%
Original Mortgage
$92,000
Outstanding Balance
$89,752
Interest Rate
6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$79,083

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 7, 2021
Sold by
Rauch Joel T and Rauch Justine N
Bought by
Seier Brady T
Seller's Agent
Dawn Heaton
Northwest Iowa Realty
Buyer's Agent
Kari Stave
EXIT Realty Midwest- Spencer/Emmetsburg
List Price
$134,700
Sold Price
$135,000
Premium/Discount to List
$300
0.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$108,000
Interest Rate
2.9%
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 Type Sale Price Title Company
Warranty Deed $157,000 None Listed On Document
Warranty Deed $157,000 None Listed On Document
Warranty Deed $135,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $92,000 Credit Line Revolving
Closed $92,000 Credit Line Revolving
Previous Owner $108,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2025 02/07/25 Sold $157,000 -3.4% $115 / Sq Ft
12/15/2024 12/15/24 Pending -- -- --
12/10/2024 12/10/24 For Sale $162,500 +20.4% $119 / Sq Ft
06/08/2021 06/08/21 Sold $135,000 +0.2% $99 / Sq Ft View Prior Sale
04/28/2021 04/28/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $134,700 -- $99 / Sq Ft
Source: Iowa Great Lakes 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
2025 $2,284 $153,990 $28,620 $125,370
2024 $2,284 $142,720 $22,080 $120,640
2023 $2,208 $142,720 $22,080 $120,640
2022 $1,786 $119,540 $22,080 $97,460
2021 $1,784 $99,940 $22,080 $77,860
2020 $1,784 $94,690 $18,810 $75,880
2019 $1,586 $86,440 $0 $0
2018 $1,562 $86,440 $0 $0
2017 $1,562 $85,340 $0 $0
2016 $1,600 $85,340 $0 $0
2015 $1,596 $85,160 $0 $0
2014 $1,596 $85,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 241445

Iowa Great Lakes Board of REALTORS®

APN: 9636-07-480-008