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501 Washington Street

501 Washington Street, Pella, IA 50219
Property in Marion
Sold Sep 09, 2021
$205,000
$194,750 by Marion County State Bank
Mortgage Due Oct 01, 2051
Sold Jun 18, 2010
$149,000
$74,000 by Marion County State Bank
Mortgage Due Jul 01, 2025
501 Washington Street in Pella, IA was first built in 1920 and is 104 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 11 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 501 Washington Street has 1,666 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 854 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 5,500 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gable style roof made of asphalt. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. The garage is 528 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 501 Washington Street was last sold in Sep 1, 2021 for $205,000. According to our calculations, that's $123.05 per sqft. Prior to that sales transaction, the property was sold for $149,000 in Jun 17, 2010. Current property owners are expected to pay $3,270 in taxes per year. The property on 501 Washington Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $248,860. To break that down further, the land itself was valued at $24,250. While improvements to the property were assessed at a total of $224,610. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 11
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 854
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,500
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,666
  • Gross Building Area: 1,666
  • Building Area: 1,666
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,666
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CITY PELLA
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ORIG BLK 24 LOT 1 E50' OF N110'

Ownership

  • Current Owner : PARKER JARED D
  • Previous Owner : WALKER THOMAS R
  • Previous Owner 2: SNYDER MARIA
  • Owner Before Previous Owner: BOSSCHER MARK A
  • Owner Before Previous Owner 2: BOSSCHER JODI C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pella Community School District
  • School Tax School District: PELLA SCHOOL
  • Census Tract: 030300

Geography

  • Assessors Map Reference: PM 1503700000
  • Parcel: 1503700000
  • Block: 24
  • Lot: 1
  • Meridian: SEC 03 TWN 76N RNG 18W
  • Municipality: PELLA CITY PELLA SCHOOL
  • Latitude: 41.4078
  • Longitude: -92.9132

    Address

  • Full Address: 501 Washington St
  • Address - House Number: 501
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: IA
  • City Name: Pella
  • Carrier Code: C004
  • 4-Digit Zip Code: 1536
  • Zip Code: 50219

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,270

    Appraisal Valuation

  • Standard Deviation: 0.2782
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 60
  • Final Value: 354,271
  • High Value: 452,851
  • Low Value: 255,690

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $194,750
  • First Open Lien Mortgage Lender: MARION COUNTY STATE BANK
  • First Open Lien Mortgage Recording Date: Sep 09, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $194,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $248,860
  • Market Land Value: $24,250
  • Market Improvement Value: $224,610

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $248,860
  • Assessed Land Value: $24,250
  • Assessed Improvements Value: $224,610

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 01, 2021
  • Current Sale Recording Date: Sep 09, 2021
  • Current Sale Transaction ID: 11860040996
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21-5731
  • Previous Sale Recording Date: Jun 18, 2010
  • Previous Sale Contract Date: Jun 17, 2010
  • Previous Sale Amount: $149,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MARION COUNTY STATE BANK
  • First Mortgage Transaction Date: Sep 09, 2021
  • First Mortgage Loan Amount: $194,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MARION COUNTY STATE BANK
  • Previous Mortgage Transaction Date: Jun 18, 2010
  • Previous Mortgage Loan Amount: $74,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2025

About Pella



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Frequently Asked Questions

What neighborhood is 501 Washington Street located in?
The 501 Washington Street is a located in the neighborhood of Marion in Pella, Pella.
What is the average sales price for listings in 501 Washington Street?
The average sales price for units in 501 Washington Street is $0 currently.

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