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2502 Glasgow Road

2502 Glasgow Road, Fairfield, IA 52556
Property in Jefferson
Sold May 11, 2010
$28,500
$35,000 by First National Bank In Fairfie
Mortgage Due May 10, 2025
2502 Glasgow Road has been categorized by the local assessors in Fairfield, IA as a residential type of property. The building on the property was first built in 1914 and is 110 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, 2502 Glasgow Road has 912 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 partial basement that is 456 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 area measurement of the land has been determined as 548,420 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

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 garage for those who require parking. Residents will have the luxury of enjoying a open porch. 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 hip style roof made of metal. The exterior walls of the building are made of unknown. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing no heating system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2502 Glasgow Road sold most recently in May 10, 2010 for a total of $28,500. If you work out the math, that's approximately a cost of $31.25 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,348 in taxes each year. 2502 Glasgow Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $134,200. If we break it down further, the land itself was valued at $70,000. Improvements to the property, however, were assessed at a total of $64,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Bungalow
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 456
  • Garage Type: Garage
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 548,420
  • Total Building Area: 912
  • Gross Building Area: 912
  • Building Area: 912
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 912
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CEDAR SUB (CEDAR)
  • Land Acres: 12.59
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CEDAR SUB 9 & 10 LT 2

Ownership

  • Current Owner : WOLFBRANDT MONA KATHLEEN
  • Previous Owner : SCOTTON ROBERT L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fairfield Community School District
  • School Tax School District: FAIRFIELD
  • Census Tract: 090100

Geography

  • Assessors Map Reference: PM 1109400003
  • Parcel: 11-09-400-003
  • Lot: 2
  • Meridian: SEC 09 TWN 71N RNG 09W
  • Municipality: CEDAR/FAIRFIELD
  • Latitude: 40.965
  • Longitude: -91.8912

    Address

  • Full Address: 2502 Glasgow Rd
  • Address - House Number: 2502
  • Address - Street Name: Glasgow
  • Address - Suffix Type: Rd
  • State: IA
  • City Name: Fairfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 8543
  • Zip Code: 52556

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,348
  • Tax Rate Code Area: 02 05

    Appraisal Valuation

  • Standard Deviation: 0.2214
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 180,312
  • High Value: 220,247
  • Low Value: 140,376

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $35,000
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK IN FAIRFIE
  • First Open Lien Mortgage Recording Date: May 11, 2010
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • 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: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: May 10, 2025

    Market Valuation

  • Market Total Value: $134,200
  • Market Land Value: $70,000
  • Market Improvement Value: $64,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,200
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $64,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 10, 2010
  • Current Sale Recording Date: May 11, 2010
  • Current Sale Transaction ID: 1079096244
  • Current Sale Price: $28,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2010-0990

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK IN FAIRFIE
  • First Mortgage Transaction Date: May 11, 2010
  • First Mortgage Loan Amount: $35,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: May 10, 2025

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Jefferson



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Frequently Asked Questions

What neighborhood is 2502 Glasgow Road located in?
The 2502 Glasgow Road is a located in the neighborhood of Jefferson in Jefferson, Fairfield.
What is the average sales price for listings in 2502 Glasgow Road?
The average sales price for units in 2502 Glasgow Road is $0 currently.

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