NOT LISTED FOR SALE

720 7th St NE Independence, IA 50644

Estimated Value: $151,000 - $180,224

2 Beds
2 Baths
2,465 Sq Ft
$68/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $165,500 $67 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,160/month

3 Days on Market

Highlights

  • Deck
  • Solid Surface Countertops
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • 1 Car Attached Garage
  • Water Softener is Owned

About This Home

As of June 2024

Discover the potential of this raised ranch offering a solid foundation with plenty of room to personalize and enhance. The heart of the home is the beautifully updated kitchen and dining area while the adjacent living room provides plenty of comfortable space for relaxation and gathering. The main floor is adorned with hardwood floors throughout. Two well-sized bedrooms. a full bath, a convenient laundry closet and a large storage closet complete the main floor. Expand your living area with the mostly finished basement that also houses a third non-conforming bedroom and a second full bath awaiting completion. A walk-up attic provides additional storage space. Outside, the property boasts a maintenance-free deck, perfect for enjoying the outdoors and a large backyard complete with a storage shed. The home’s durable metal roof and vinyl siding offer peace of mind for years to come. An attached one-stall garage provides additional convenience and workspace. This property is a fantastic opportunity for anyone looking to invest in a home with great bones and has the potential for personalization with a bit of care and creativity. Property being sold “as is”.

Last Agent to Sell the Property

Curt Martin

RE/MAX Independence Realty Brokerage Phone: 563-920-8212 License #B56021000 Listed on: 04/29/2024

RE/MAX Independence Realty

Last Buyer's Agent

Jennifer Sweeney

Ohl Iowa Realty, Inc License #S57347000

Ohl Iowa Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,532

Year Built

  • Built in 1900

Lot Details

  • 8,580 Sq Ft Lot
  • Lot Dimensions are 52' x 165'
  • Property is zoned R-2

Home Design

  • Concrete Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,465 Sq Ft Home
  • Fireplace Features Masonry
  • Wood Flooring
  • Partially Finished Basement
  • Interior Basement Entry

Kitchen

  • Free-Standing Range
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Laundry in Kitchen

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Storage Shed

Schools

  • Independence Elementary And Middle School
  • Independence High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0634432011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,532

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Parcel Number: 0634432011
  • Year Built: 1900
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor, In Kitchen, Laundry Closet
  • Lot Size Acres: 0.197
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Attribution Contact: CELL: 563-920-8212
  • Co List Office Phone: 319-334-5703
  • MLS Status: Closed
  • Reso Fireplace Features: One, Masonry
  • Reso Interior Features: Solid Surface Counters, Hardwood Floors
  • Reso Roof: Metal
  • TotalFinishedSquareFootage: 2465
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave Built In, Free-Standing Range, Refrigerator, Water Softener Owned
  • Basement: Concrete, Entrance-Inside, Floor Drain, Partially Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1200
  • BelowGradeArea: 1265

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Stall, Attached Garage, Garage Door Opener, Wired

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Independence
  • High School: Independence
  • Middle Or Junior School: Independence

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 52' x 165'
  • Lot Size Sq Ft: 8580
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2531.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Jun 13, 2024
Sold by
Michels Josephine C
Bought by
Davis Zachary A
Seller's Agent
Curt Martin
RE/MAX Independence Realty
Buyer's Agent
Jennifer Sweeney
Ohl Iowa Realty, Inc
List Price
$165,000
Sold Price
$165,500
Premium/Discount to List
$500
0.3%
Views
57
Current Estimated Value
$174,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,159
Avg. Annual Appreciation
1.39%
Original Mortgage
$8,275
Outstanding Balance
$4,868
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$163,438
Source: Public Records

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
Davis Zachary A $165,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Zachary A $8,275
Open Davis Zachary A $157,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $165,500 +0.3% $67 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/29/2024 04/29/24 For Sale $165,000 -- $67 / 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 $2,590 $139,460 $11,780 $127,680
2023 $2,508 $139,460 $11,780 $127,680
2022 $2,268 $116,670 $9,350 $107,320
2021 $2,252 $116,670 $9,350 $107,320
2020 $2,252 $107,620 $8,500 $99,120
2019 $2,186 $107,620 $8,500 $99,120
2018 $2,092 $103,440 $8,500 $94,940
2017 $2,178 $103,440 $8,500 $94,940
2016 $2,140 $105,810 $5,060 $100,750
2015 $2,140 $105,810 $5,060 $100,750
2014 $2,184 $105,810 $5,060 $100,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20241698

Northeast Iowa Regional Board of REALTORS®

APN: 06.34.432.011