NOT LISTED FOR SALE

801 W 5th St Spencer, IA 51301

Estimated Value: $128,000 - $179,000

3 Beds
1.5 Baths
2,636 Sq Ft
$61/Sq Ft Est. Value

Last Sold July 31, 2018

Last sale price $63,000 $24 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $1,042/month

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Woodwork
  • Corner Lot
  • Eat-In Kitchen
  • 5-minute walk to Sunset Park

About This Home

As of July 2018

Investor's DREAM come TRUE. 3 bedroom, 1 plus 3/4 bath & over 1,200 sq ft per level! Nicely designed spacious-kitchen with breakfast bar plus dining. Full basement. Newer roof on house. Real wood floors. Breezeway / sunroom off the 22x14 garage. Huge lot with bonus side yard (garage, cement pad, parking, fence, playground ... you name it). 1 year home warranty included. Assessed over $125,000 & offered at $59,900 AS IS. Huge profit to be made, affordable rental revamp, or your personal showpiece overnight. SCORE for the WIN -- SEE INSIDE! *Will NOT qualify for non-conventional financing*.

Last Agent to Sell the Property

Tammy Fredericksen

EXIT Realty Midwest License #B67905 Listed on: 06/08/2018

EXIT Realty Midwest

Co-Listed By

Kari Stave

EXIT Realty Midwest- Spencer/Emmetsburg License #S63312

Last Buyer's Agent

Cara Naatjes

Naatjes Group | Bluewater Brokers License #B62150

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 80 x 140
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Bungalow
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,636 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 9637-12-455-016

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: Yes
  • Type: Single Family Residence
  • Year Built: 1953
  • Levels: One
  • Stories: 1
  • Architectural Style: Bungalow, Ranch
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Broadband Avail, Ceiling Fan(s), Eat-in Kitchen, Hardwood Floors, Home Warranty, Natural Woodwork
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Dining Room: Breakfast Bar, Combine with Kitchen, Eat-in, Informal
  • Appliances: Dishwasher, Disposal, Exhaust Fan/Hood
  • Price Per S Q F T: 23.9
  • Total Sq Ft: 2636
  • Above Grade Finished: 1396
  • Finished Sq Ft: 2636
  • Basement Features: Finished-Partial
  • Additional Sq Ft Total Sq Ft Basement: 1240

Exterior Features

  • Construction: Stick Built
  • Construction Materials: Wood Siding
  • Exterior Features: Driveway-Asphalt, Patio
  • Flood Zone: Unknown
  • Road Frontage Type: City Street
  • Roof: Asphalt, Rubber
  • Waterfront: No

Garage/Parking

  • Garage Type: Attached
  • Garage Size: 22x14
  • Garage Spaces: 2

Utilities

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

Schools

  • School District: Spencer

Lot Info

  • Parcel Number: 9637-12-455-016
  • Estimated Acres: 0.26
  • Lot Features: Corner Lot
  • Estimated Lot Dimensions: 80 x 140
  • Lot Sq Ft: 11200

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 2280.32
  • Tax Classification: Non-Homestead
  • Tax Year: 2017

MLS Schools

  • School District: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2019
Sold by
Lendco Holdings Llc
Bought by
Wingate David and Allen Angie
Current Estimated Value
$160,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,134
Outstanding Balance
$89,483
Interest Rate
4%
Mortgage Type
FHA
Estimated Equity
$70,923

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jun 25, 2018
Sold by
Narnus Property Mgmt
Bought by
Neot Asset Investment Llc
Seller's Agent
Tammy Fredericksen
EXIT Realty Midwest
Buyer's Agent
Cara Naatjes
Naatjes Group | Bluewater Brokers
List Price
$59,900
Sold Price
$63,000
Premium/Discount to List
$3,100
5.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.37%
Original Mortgage
$50,400
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 30, 2008
Sold by
Montgomery Thomas J and Montgomery Margie M
Bought by
Ferguson Shelley K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,070
Interest Rate
6.5%
Mortgage Type
USDA

Purchase Details

Closed on
Oct 3, 2006
Sold by
Dodson Jack L and Dodson Kectah A
Bought by
Montgomery Margie M and Montgomery Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,500
Interest Rate
6.38%
Mortgage Type
Credit Line Revolving
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
Wingate David $103,000 --
Neot Asset Investment Llc $55,000 --
Ferguson Shelley K $108,500 --
Montgomery Margie M $115,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wingate David $3,392
Open Wingate David $7,148
Open Wingate David $101,134
Previous Owner Lendco Holdings Llc $50,400
Previous Owner Neot Asset Investment Llc $800,000
Previous Owner Ferguson Shelley K $109,070
Previous Owner Montgomery Margie M $29,500
Previous Owner Montgomery Margie M $75,500
Previous Owner Dodson Jack L $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $63,000 +5.2% $24 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $59,900 -- $23 / 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
2024 $1,888 $167,380 $21,600 $145,780
2023 $1,530 $167,380 $21,600 $145,780
2022 $2,110 $135,110 $21,600 $113,510
2021 $2,528 $127,020 $21,600 $105,420
2020 $2,528 $142,800 $18,400 $124,400
2019 $2,286 $124,570 $0 $0
2018 $531 $124,570 $0 $0
2017 $2,120 $120,540 $0 $0
2016 $2,098 $120,540 $0 $0
2015 $1,918 $111,010 $0 $0
2014 $1,858 $111,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 180891

Iowa Great Lakes Board of REALTORS®

APN: 9637-12-455-016