$160,000
SOLD SEP 26, 2025

720 3rd Ave E Spencer, IA 51301

3 Beds
2 Baths
1,566 Sq Ft
7,100 Sq Ft Lot

Recently Sold

$102 Per Sq Ft

6% Below List Price

18 Days on Market

Highlights

  • Corner Lot
  • 3 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Spencer Middle School Rated 9+
  • Woodwork
  • Patio

About This Home

As of September 2025

Discover the potential of this unique property! Featuring 3 bedrooms, 2 bathrooms, enclosed front porch, this home offers flexibility and options. Convert back to a spacious single-family home, or maintain the upper level as an income producing rental unit - the choice is yours! Bonus of a heated 3 car detached garage that offers the dual opportunity of propane or wood burning heat to stay warm in the winter while working on your projects. Also offers a 14' door for your extra large toys. Whether you're looking for a place to call home or a smart investment, this property has it all.

Last Agent to Sell the Property

Kim Bates

Northwest Iowa Realty License #B41316 Listed on: 08/08/2025

Northwest Iowa Realty

Last Buyer's Agent

Bryan Sebastian

Hinn Real Estate License #S65753

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,362

Year Built

  • Built in 1920

Lot Details

  • 7,100 Sq Ft Lot
  • Lot Dimensions are 50x142
  • Partially Fenced Property
  • Corner Lot

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Bungalow
  • Frame Construction
  • Steel Siding
  • Stick Built Home

Interior Spaces

  • 1,566 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 963607413001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,362

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: No
  • Type: Single Family Residence
  • Year Built: 1920
  • Levels: One and One Half
  • Stories: 1
  • Architectural Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Natural Woodwork
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Bathroom Description: Main Floor 3/4 Bath, Upper Level Bath
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Basement Style: Full
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Price Per S Q F T: 102.17
  • Total Sq Ft: 2758
  • Above Grade Finished: 1566
  • Finished Sq Ft: 1566

Exterior Features

  • Construction: Frame/Wood, Stick Built
  • Construction Materials: Steel Siding
  • Exterior Features: Driveway-Concrete, Fenced Yard-Partial, Patio
  • Flood Zone: No
  • Waterfront: No

Garage/Parking

  • Garage Type: Detached
  • Garage Size: 36 X 40
  • Garage Spaces: 3

Utilities

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

Lot Info

  • Parcel Number: 963607413001
  • Estimated Acres: 0.16
  • Lot Features: Corner Lot
  • Estimated Lot Dimensions: 50x142
  • Lot Sq Ft: 7100

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 1362
  • Tax Classification: Homestead
  • Tax Year: 2024

MLS Schools

  • School District: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2025
Closed on
Sep 23, 2025
Sold by
Fairchild Lois C and Fairchild Dennis C
Bought by
Higgins Dwaine and Higgins Shelly
Seller's Agent
Kim Bates
Northwest Iowa Realty
Buyer's Agent
Bryan Sebastian
Hinn Real Estate
List Price
$169,950
Sold Price
$160,000
Premium/Discount to List
-$9,950
-5.85%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.00%
Original Mortgage
$152,000
Outstanding Balance
$151,864
Interest Rate
6.56%
Mortgage Type
New Conventional
Estimated Equity
$7,018
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Fiduciary Deed $160,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2025 09/26/25 Sold $160,000 -5.9% $102 / Sq Ft
08/26/2025 08/26/25 Pending -- -- --
08/08/2025 08/08/25 For Sale $169,950 -- $109 / 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 $1,310 $119,850 $17,500 $102,350
2024 $1,310 $114,140 $13,500 $100,640
2023 $1,478 $114,140 $13,500 $100,640
2022 $1,284 $96,190 $13,500 $82,690
2021 $1,352 $84,200 $13,500 $70,700
2020 $1,352 $83,650 $11,500 $72,150
2019 $1,132 $73,510 $0 $0
2018 $1,110 $73,510 $0 $0
2017 $1,110 $72,400 $0 $0
2016 $1,132 $72,400 $0 $0
2015 $1,118 $71,620 $0 $0
2014 $1,118 $71,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 251027

Iowa Great Lakes Board of REALTORS®

APN: 9636-07-413-001