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501 West Grimes Avenue

501 West Grimes Avenue, Fairfield, IA 52556
Property in Jefferson
Sold May 31, 2013
$32,000
Sold Jun 01, 2010
$37,500
$30,000 by First National Bank In Fairfie
Mortgage Due Jun 01, 2025
501 West Grimes Avenue in Fairfield, IA was first built in 1900 and is 124 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 501 West Grimes Avenue has 970 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 linear feet across the front of the lot is 710 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 8,875 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a hip style roof made of asphalt. Water for the property is sourced from a municipal system. 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 frame control joints. The condition of the building has been evaluated as fair. The exterior walls of the home are made of rock and stone. 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 no air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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 West Grimes Avenue was last sold in May 31, 2013 for $32,000. According to our calculations, that's $32.99 per sqft. Prior to that sales transaction, the property was sold for $37,500 in Jun 1, 2010. Current property owners are expected to pay $746 in taxes per year. The property on 501 West Grimes Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $41,400. To break that down further, the land itself was valued at $7,000. While improvements to the property were assessed at a total of $34,400. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1900
  • Effective Year Built: 1900
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Fair
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Rock and stone
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,875
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 710
  • Total Building Area: 970
  • Gross Building Area: 970
  • Building Area: 970
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 970
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RAILROAD (FAIRFIELD)
  • Land Acres: 0.204
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RAILROAD LT 6 & E 1/2 LT 5 BLK 20

Ownership

  • Current Owner : KURTZ KAREN L
  • Previous Owner : MILLER KATHERINE R
  • Owner Before Previous Owner: DAVIDSON ROBERT L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fairfield Community School District
  • School Tax School District: FAIRFIELD
  • Census Tract: 090302

Geography

  • Assessors Map Reference: PM 626286012
  • Parcel: 06-26-286-012
  • Block: 20
  • Lot: 5,6
  • Municipality: FAIRFIELD/FAIRFIELD
  • Latitude: 41.0103
  • Longitude: -91.9695

    Address

  • Full Address: 501 W Grimes Ave
  • Address - House Number: 501
  • Street Direction: W
  • Address - Street Name: Grimes
  • Address - Suffix Type: Ave
  • State: IA
  • City Name: Fairfield
  • Carrier Code: C006
  • 4-Digit Zip Code: 2532
  • Zip Code: 52556

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $746
  • Tax Rate Code Area: 02 33

    Market Valuation

  • Market Total Value: $41,400
  • Market Land Value: $7,000
  • Market Improvement Value: $34,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,400
  • Assessed Land Value: $7,000
  • Assessed Improvements Value: $34,400

    Sales

  • Current Sale Contract Date: May 31, 2013
  • Current Sale Recording Date: May 31, 2013
  • Current Sale Transaction ID: 1091962589
  • Current Sale Price: $32,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2013-1273
  • Previous Sale Recording Date: Jun 01, 2010
  • Previous Sale Contract Date: Jun 01, 2010
  • Previous Sale Amount: $37,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PILOT GROVE SAVINGS BANK
  • First Mortgage Transaction Date: May 31, 2013
  • First Mortgage Loan Amount: $33,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK IN FAIRFIE
  • Previous Mortgage Transaction Date: Jun 01, 2010
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $30,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2025

About Fairfield



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Unit for rent at 111 W Broadway Ave A, Fairfield, IA, 52556

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Frequently Asked Questions

What neighborhood is 501 West Grimes Avenue located in?
The 501 West Grimes Avenue is a located in the neighborhood of Jefferson in Fairfield, Fairfield.
What is the average sales price for listings in 501 West Grimes Avenue?
The average sales price for units in 501 West Grimes Avenue is $0 currently.

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