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501 6th Avenue Southwest

501 6th Avenue Southwest, Independence, IA 50644
Property in Buchanan
Sold Jun 20, 2013
$175,000
$171,830 by Regions Bank
Mortgage Due Jul 01, 2043
Local assessors in Independence, IA have categorized 501 6th Avenue Southwest as a residential type of property. The home was built in 1870 and is 154 years old. The property's lot size has been calculated to be 18,731 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a a-frame style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 6 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 501 6th Avenue Southwest has a total of 2,787 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 1,120 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a hip style roof. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 501 6th Avenue Southwest sold most recently in Jan 14, 2013 for a total of $175,000. If you work out the math, that's approximately a cost of $62.79 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 $4,042 in taxes each year. 501 6th Avenue Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $244,380. If we break it down further, the land itself was valued at $31,440. Improvements to the property, however, were assessed at a total of $212,940. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1870
  • Effective Year Built: 1870
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 6
  • Full Bathrooms: 4
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Excellent
  • Construction Type: Frame
  • Building Style: A-frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,020
  • Garage Type: Garage
  • Garage Square Area: 1,120
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 2,787
  • Building Area: 2,787
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,787
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FARGOS
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FARGOS BLK 14 LOTS1-2& EX W56' LOT 3

Ownership

  • Current Owner : HARVEY JARED T
  • Current Owner 2: HARVEY KELSEY L
  • Previous Owner : ARNOLD MATTHEW D
  • Previous Owner 2: GILLIS ARNOLD RENEE E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Independence Community School District
  • Census Tract: 950400

Geography

  • District: IN
  • Parcel: 1004329007
  • Block: 14
  • Lot: 1-3
  • Municipality: INDEPENDENCE CITY
  • Latitude: 42.4651
  • Longitude: -91.9005

    Address

  • Full Address: 501 6th Ave Sw
  • Address - House Number: 501
  • Street Segment Direction: SW
  • Address - Street Name: 6th
  • Address - Suffix Type: Ave
  • State: IA
  • City Name: Independence
  • Carrier Code: C003
  • 4-Digit Zip Code: 2433
  • Zip Code: 50644

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,042
  • Tax Rate Code Area: ININ

    Appraisal Valuation

  • Standard Deviation: 0.1586
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 80
  • Final Value: 274,896
  • High Value: 318,513
  • Low Value: 231,279

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $191,030
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Jun 20, 2013
  • First Open Lien Mortgage Loan Amount: $171,830
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2043
  • Second Open Lien Mortgage Lender: FARMERS STATE BANK
  • Second Open Lien Mortgage Recording Date: Mar 17, 2017
  • Second Open Lien Mortgage Loan Amount: $19,200
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 17, 2027

    Market Valuation

  • Market Total Value: $244,380
  • Market Land Value: $31,440
  • Market Improvement Value: $212,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $244,380
  • Assessed Land Value: $31,440
  • Assessed Improvements Value: $212,940

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 14, 2013
  • Current Sale Recording Date: Jun 20, 2013
  • Current Sale Transaction ID: 1142242394
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2013R01953

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Jun 20, 2013
  • First Mortgage Loan Amount: $171,830
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2043

About Independence



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Frequently Asked Questions

What neighborhood is 501 6th Avenue Southwest located in?
The 501 6th Avenue Southwest is a located in the neighborhood of Buchanan in Independence, Independence.
What is the average sales price for listings in 501 6th Avenue Southwest?
The average sales price for units in 501 6th Avenue Southwest is $0 currently.

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