NOT LISTED FOR SALE

720 3rd Ave E Spencer, IA 51301

Estimated Value: $139,764 - $168,000

3 Beds
2 Baths
1,566 Sq Ft
$97/Sq Ft Est. Value

Sale Details

Date Sold: September 26, 2025

Last sale price $160,000 $102 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $930 / mo

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

Bates Realty, LLC License #B41316 Listed on: 08/08/2025

Bates Realty, LLC

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

7,100 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2025
Closed on
Sep 23, 2025
Sold by
Bought by
Seller's Agent
Kim Bates
Bates Realty, LLC
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
Current Estimated Value
$152,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,559
Avg. Annual Appreciation
-6.41%
Original Mortgage
$152,000
Outstanding Balance
$151,864
Interest Rate
6.56%
Mortgage Type
New Conventional
Estimated Equity
$577
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$160,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $152,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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