NOT LISTED FOR SALE

918 E 8th St Spencer, IA 51301

Estimated Value: $129,000 - $142,424

2 Beds
1 Bath
960 Sq Ft
$143/Sq Ft Est. Value

Last Sold August 29, 2025

Last sale price $144,500 $151 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $854/month

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Spencer Middle School Rated 9+
  • Bathroom on Main Level
  • 4-minute walk to Pederson Park

About This Home

As of August 2025

For statistical purposes only. Seller is related to the listing agent.This beautifully remodeled 2-bedroom, 1-bath home with a single-car garage and convenient alley access is ready for its next owner. The home underwent a complete renovation down to the studs in 2016, featuring updated electrical with a new breaker panel, R-15 wall insulation, attic insulation, new sheetrock, millwork, cabinetry, flooring, plumbing fixtures, and an Onyx tub surround, along with a new water heater. Prior to that, the previous owners had already updated the exterior with new siding, windows, soffit, and fascia. Since the major remodel, additional improvements include a concrete driveway, new shingles in 2019, spray foam insulation in the crawlspace in 2020, a finished basement, and a new AC unit installed in 2022. This home combines quality updates with thoughtful maintenance for truly turnkey living.

Last Agent to Sell the Property

Doug Small

Hinn Real Estate License #S70351 Listed on: 08/29/2025

Last Buyer's Agent

Doug Small

Hinn Real Estate License #S70351 Listed on: 08/29/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,562

Year Built

  • Built in 1945

Lot Details

  • 7,100 Sq Ft Lot
  • Lot Dimensions are 50 x 142

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

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

Community Details

  • College 2Nd Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 963607437005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,562

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: No
  • Type: Single Family Residence
  • Year Built: 1945
  • Levels: One
  • Stories: 1
  • Architectural Style: Ranch
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Bathroom Description: Main Floor Full Bath
  • Full Bathrooms: 1
  • Basement Style: Crawl Space, Full
  • Price Per S Q F T: 150.52
  • Total Sq Ft: 760
  • Above Grade Finished: 760
  • Finished Sq Ft: 960

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Complex Development Subdivision Name: COLLEGE 2ND ADDITION

Lot Info

  • Parcel Number: 963607437005
  • Estimated Acres: 0.16
  • Estimated Lot Dimensions: 50 x 142
  • Lot Sq Ft: 7100

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 1562
  • Tax Classification: Homestead
  • Tax Year: 2023

MLS Schools

  • School District: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2025
Closed on
Aug 26, 2025
Sold by
Dodge Alex
Bought by
Kruse Lance and Kruse Stacy
Seller's Agent
Doug Small
Hinn Real Estate
Buyer's Agent
Doug Small
Hinn Real Estate
List Price
$150,000
Sold Price
$144,500
Premium/Discount to List
-$5,500
-3.67%
Views
3
Current Estimated Value
$136,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,644
Avg. Annual Appreciation
-17.09%
Original Mortgage
$145,000
Outstanding Balance
$145,000
Interest Rate
6.75%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$8,144

Purchase Details

Closed on
May 19, 2016
Sold by
Bruns Gordon C and Bruns Alta L
Bought by
Dodge Alex
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 Buyer Sale Price Title Company
Kruse Lance $144,500 None Listed On Document
Kruse Lance $144,500 None Listed On Document
Dodge Alex -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kruse Lance $145,000
Closed Kruse Lance $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2025 08/29/25 Sold $144,500 -3.7% $151 / Sq Ft
08/29/2025 08/29/25 Pending -- -- --
08/29/2025 08/29/25 For Sale $150,000 -- $156 / 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 $1,620 $117,490 $17,500 $99,990
2024 $1,620 $111,440 $13,500 $97,940
2023 $1,104 $111,440 $13,500 $97,940
2022 $1,028 $71,550 $13,500 $58,050
2021 $1,048 $66,500 $13,500 $53,000
2020 $1,048 $64,240 $11,500 $52,740
2019 $912 $58,230 $0 $0
2018 $894 $58,230 $0 $0
2017 $920 $57,140 $0 $0
2016 $908 $57,140 $0 $0
2015 $920 $57,740 $0 $0
2014 $920 $57,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 251121

Iowa Great Lakes Board of REALTORS®

APN: 9636-07-437-005