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1009 West 7th Street

1009 West 7th Street, Spencer, IA 51301
Property in Clay
Sold Nov 21, 2013
$72,000
$35,000 by Northwest Bank
Mortgage Due Dec 01, 2028
Sold Mar 29, 2005
$59,250
$36,000 by Northwest Fsb
Mortgage Due Apr 01, 2035
1009 West 7th Street has been categorized by the local assessors in Spencer, IA as a residential type of property. The building on the property was first built in 1953 and is 71 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1009 West 7th Street has 768 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 768 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,430 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 7,865 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 308 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Finally, the property is currently sourcing its water from a municipal system. The property was last sold in Nov 19, 2013 for $72,000. That's $93.75 per sqft. Prior to that sales transaction, the property was also sold in Mar 22, 2005 for $59,250. 1009 West 7th Street was last assessed in 2023. The total value of the property was assessed at $105,460. Specifically, the land the property is located on was valued at $15,550. While improvements on the property were assessed at a total of $89,910. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,348. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 768
  • Garage Type: Detached
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,865
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 550
  • Total Building Area: 768
  • Gross Building Area: 768
  • Building Area: 768
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 768
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOWE'S ADDITION
  • Land Acres: 0.181
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W 42.23' OUTLOT 5 HOWES ADD E 12.77' OUTLOT 6 HOWES ADD.

Ownership

  • Current Owner : NELSON KAY B
  • Previous Owner : JOHNSON STEVEN E
  • Previous Owner 2: JOHNSON MARTA J
  • Owner Before Previous Owner: BERGESON LEONARD L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Spencer Community School District
  • School Tax School District: SPENCER SCHOOL
  • Census Tract: 080301

Geography

  • Assessors Map Reference: PM 963712451005
  • Parcel: 963712451005
  • Meridian: SEC 12 TWN 96N RNG 37W
  • Municipality: SPENCER INC SPENCER COMM
  • Latitude: 43.1448
  • Longitude: -95.1593

    Address

  • Full Address: 1009 W 7th St
  • Address - House Number: 1009
  • Street Direction: W
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: IA
  • City Name: Spencer
  • Carrier Code: C006
  • 4-Digit Zip Code: 3118
  • Zip Code: 51301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,348

    Appraisal Valuation

  • Standard Deviation: 0.4705
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 5
  • Final Value: 148,657
  • High Value: 218,612
  • Low Value: 78,701

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $35,000
  • First Open Lien Mortgage Lender: NORTHWEST BANK
  • First Open Lien Mortgage Recording Date: Nov 21, 2013
  • First Open Lien Mortgage Loan Amount: $35,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2028

    Market Valuation

  • Market Total Value: $105,460
  • Market Land Value: $15,550
  • Market Improvement Value: $89,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,460
  • Assessed Land Value: $15,550
  • Assessed Improvements Value: $89,910

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 19, 2013
  • Current Sale Recording Date: Nov 21, 2013
  • Current Sale Transaction ID: 1180117366
  • Current Sale Price: $72,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2013 3634
  • Previous Sale Recording Date: Mar 29, 2005
  • Previous Sale Contract Date: Mar 22, 2005
  • Previous Sale Amount: $59,250
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTHWEST BANK
  • First Mortgage Transaction Date: Nov 21, 2013
  • First Mortgage Loan Amount: $35,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2028

    Previous Mortgages

  • Previous Mortgage Lender: NORTHWEST FSB
  • Previous Mortgage Transaction Date: Mar 29, 2005
  • Previous Mortgage Loan Amount: $36,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2035

About Spencer



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Nearby Rentals

Unit for rent at 100/102/104 12th Street Sw, Spencer, IA, 51301

$925 /mo

  • 3 Beds
  • 1.5 Baths
100/102/104 12th Street Sw #100 12th Street SW, Spencer, IA, 51301 Listing by Fairview Estates Apartments

Frequently Asked Questions

What neighborhood is 1009 West 7th Street located in?
The 1009 West 7th Street is a located in the neighborhood of Clay in Spencer, Spencer.
What is the average sales price for listings in 1009 West 7th Street?
The average sales price for units in 1009 West 7th Street is $0 currently.

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