NOT LISTED FOR SALE

905 2nd Ave Armstrong, IA 50514

Estimated Value: $95,000 - $143,000

4 Beds
2 Baths
1,522 Sq Ft
$78/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $8,500 $6 Per Sq Ft

Est. 1,293% increase in value since last sale

Current estimated payment $745/month

12 Days on Market

About This Home

As of June 2020

There is a great opportunity here to build equity in this 4 bedroom 2 bath home. The property sits on a nice sized lot and has a tremendous potential to be bought at a great as-is price. The Kitchen and dining area have an open layout to the patio doors/deck off the back. There is a main floor bedroom, living room and laundry area also on the main floor. Upstairs has 3 more bedrooms and another full bath. Due to condition, the property may have health/safety risks. Prior to entry/access, all parties must sign a Hold Harmless Agreement & the property may only be shown by appointment.Property was built prior to 1978 & lead based paint potentially exists. Seller is ''Secretary of Agriculture''. Seller to convey title via a quit claim/non-warranty deed ONLY.

Last Agent to Sell the Property

Lee Porter

EXIT Realty- Great Plains Jackson License #B61251 Listed on: 05/14/2020

EXIT Realty- Great Plains Jackson

Last Buyer's Agent

Lee Porter

EXIT Realty- Great Plains Jackson License #B61251 Listed on: 05/14/2020

EXIT Realty- Great Plains Jackson

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100x140

Parking

  • 1 Car Attached Garage

Home Design

  • Metal Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,522 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 0814177002

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family Residence
  • Year Built: 1920
  • Levels: Two
  • Stories: 2
  • Architectural Style: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Material: Other
  • Basement Style: Partial
  • Price Per S Q F T: 5.58
  • Total Sq Ft: 1522
  • Above Grade Finished: 1522
  • Finished Sq Ft: 1522

Exterior Features

  • Construction: Stick Built
  • Construction Materials: Vinyl Siding
  • Flood Zone: Unknown
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 1

Utilities

  • Fuel: Natural Gas
  • Heating: None
  • Sewer: Public Sewer
  • Water Source: Public/City

Schools

  • School District: North Union

Lot Info

  • Parcel Number: 0814177002
  • Estimated Acres: 0.32
  • Estimated Lot Dimensions: 100x140
  • Lot Sq Ft: 14000

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 570
  • Tax Classification: Homestead
  • Tax Year: 2018

MLS Schools

  • School District: North Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2020
Sold by
Peterson Jakob and Peterson Jenna
Bought by
Fothergill Krista
Current Estimated Value
$118,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,494
Outstanding Balance
$44,143
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$72,847

Purchase Details

Listed on
May 14, 2020
Closed on
Jun 18, 2020
Sold by
Us Department Of Agriculture
Bought by
Peterson Jakob and Peterson Jenna
Seller's Agent
Lee Porter
EXIT Realty- Great Plains Jackson
Buyer's Agent
Lee Porter
EXIT Realty- Great Plains Jackson
List Price
$8,250
Sold Price
$8,500
Premium/Discount to List
$250
3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.89%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fothergill Krista $49,000 None Available
Peterson Jakob -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fothergill Krista $49,494
Previous Owner Jenkins Justin L $48,000
Previous Owner Ries Robert E $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $8,500 +3.0% $6 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $8,250 -- $5 / 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 $1,208 $78,200 $13,100 $65,100
2023 $906 $78,200 $13,100 $65,100
2022 $878 $50,800 $13,100 $37,700
2021 $878 $50,800 $13,100 $37,700
2020 $652 $48,700 $14,000 $34,700
2019 $570 $42,500 $0 $0
2018 $570 $42,500 $0 $0
2017 $1,200 $45,500 $0 $0
2016 $600 $45,500 $0 $0
2015 $600 $43,300 $0 $0
2014 $576 $43,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 200627

Iowa Great Lakes Board of REALTORS®

APN: 0814177002