NOT LISTED FOR SALE

718 7th Ave NE Oelwein, IA 50662

Estimated Value: $109,000 - $186,000

2 Beds
1 Bath
1,656 Sq Ft
$87/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $84,000 $51 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $930/month

208 Days on Market

Highlights

  • Deck
  • Solid Surface Countertops
  • 2 Car Detached Garage
  • Wood Flooring
  • Earth Berm
  • Eat-In Kitchen

About This Home

As of June 2016

Reduced!! Very nice, well-kept 2 bedroom Ranch is move-in ready. Quiet neighborhood; great location! Make this Ranch home yours. Cute kitchen; open floor plan from the dining room to the living room leading out to the deck overlooking a well-groomed backyard. Basement is clean with 616 SF finished area for an additional family room or possible 3rd bedroom. Don't miss out...this truly is a must see property! Call today for your personal showing.

Last Agent to Sell the Property

Brian J Batterson

EXIT Realty Unlimited Oelwein License #B45080 Listed on: 10/18/2015

EXIT Realty Unlimited Oelwein

Last Buyer's Agent

Chery O'Conner

RE/MAX Independence Realty License #B33931000

RE/MAX Independence Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,789

Year Built

  • Built in 1959

Lot Details

  • 9,975 Sq Ft Lot
  • Lot Dimensions are 75x133

Home Design

  • Earth Berm
  • Concrete Foundation
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,656 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Trash Compactor

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 2 Car Detached Garage
  • Driveway

Schools

  • Oelwein Elementary School
  • Oelwein Middle School
  • Oelwein High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Gas
  • Water Softener is Owned

Additional Features

  • Level Entry For Accessibility
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 1816478019

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,789

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Total Finished Sq Ft: 1656
  • Total Assessed Value: $80,990
  • Below Grade Sq Ft: 1040
  • Class: Residential
  • Dining Facility: Eat-In Kitchen, Living/Dining Combo
  • Finished Below Grade Sq Ft: 616
  • Flood: C/X - Not In Flood Plain
  • Gross Taxes: $1789
  • House Style: 1 Story
  • Improvement Rating: Updated
  • Legal Description: Lot 15 &N 1/2 Lot 14 Blk 15 Oelwein Land Co. 1st & 8' Alley on W
  • Lot Dimensions: 75x133
  • Number Bedrooms Main: 2
  • Parcel Number: 1816478019
  • Reg Irreg: Reg
  • Roof Type: Shingle, Asphalt
  • Stories Style: Earth-Berm
  • Type: Single Family
  • Year Built: 1959
  • Legacy Area: FA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1040
  • Total Bedrooms: 2
  • Appliances: Built-In Range, Dishwasher, Humidifier, Microwave Built In, Refrigerator, Vent Fan, Water Heater-Gas, Water Softener (Included), Water Softener (Owned)
  • Basement: Block, Concrete, Floor Drain, Full-Part Finished
  • Bathroom Features: Tub/Shower
  • Dining Room: On Level: Main Floor
  • Interior Amenities: Ceiling-Beamed, Ceiling Fan(s), Ceiling Fan/Light, Countertops-Solid Surface, Sliding Glass Door, Hardwood Floors
  • Kitchen: On Level: Main Floor
  • Living Room: On Level: Main Floor
  • Main Level Sq Ft: 1040
  • Master Bedroom: On Level: No Master Bedroom
  • Number of Main Level Full Bathrooms: 1
  • Region: Outside The Metro Area
  • Sewer Type: City
  • Total Bathrooms: 1.25
  • Total Full Baths: 1

Exterior Features

  • Exterior: Aluminum
  • Exterior Amenities: Deck
  • Road Frontage: Hard Surface Road, Paved Road Frontage

Garage/Parking

  • Spaces: 2 Stalls
  • Driveway: Concrete
  • Garage Carport: 2 Stall, Detached Garage
  • Garage Sq Ft: 528

Utilities

  • Cooling: Ceiling Fan, Central Air
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air, Gas
  • Laundry: Lower Level
  • Water Type: City

Schools

  • Elementary School: Oelwein
  • Middle School: Oelwein
  • High School: Oelwein
  • Elementary School: Oelwein
  • Middle Jr High School: Oelwein
  • Senior High School: Oelwein

Lot Info

  • Acres: 0.23
  • Lot Sq Ft: 9975
  • Zoning: R-1
  • Lot Description: Multiple Houses
  • Geo Subdivision: IA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2015
Closed on
Jun 20, 2016
Sold by
Brandi Ballard
Bought by
Schmelzer Matthew
Seller's Agent
Brian J Batterson
EXIT Realty Unlimited Oelwein
Buyer's Agent
Chery O'Conner
RE/MAX Independence Realty
List Price
$95,000
Sold Price
$84,000
Premium/Discount to List
-$11,000
-11.58%
Current Estimated Value
$144,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,175
Avg. Annual Appreciation
5.97%
Original Mortgage
$125,000
Outstanding Balance
$99,389
Interest Rate
3.54%
Estimated Equity
$44,786
Source: Public Records

Range of Values:

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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
Schmelzer Matthew -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmelzer Matthew $125,000
Closed Schmelzer Matthew --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2016 06/15/16 Sold $84,000 -11.6% $51 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
10/18/2015 10/18/15 For Sale $95,000 -- $57 / 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 $1,952 $111,080 $15,910 $95,170
2023 $1,908 $111,080 $15,910 $95,170
2022 $1,702 $89,110 $13,260 $75,850
2021 $1,702 $89,110 $13,260 $75,850
2020 $2,070 $102,350 $9,090 $93,260
2019 $1,736 $87,200 $0 $0
2018 $1,692 $87,200 $0 $0
2017 $1,638 $80,990 $0 $0
2016 $1,594 $80,990 $0 $0
2015 $1,594 $0 $0 $0
2014 $1,568 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20156648

Northeast Iowa Regional Board of REALTORS®

APN: 18-16-478-019