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504 2nd Street

504 2nd Street, Grundy Center, IA 50638
Property in Grundy
Sold Jan 04, 2016
$123,500
$111,150 by First National Bank
Mortgage Due Jan 01, 2046
Local assessors in Grundy Center, IA have categorized 504 2nd Street as a residential type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 8,400 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 700 ft. 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 6 rooms in the home. Of these, 2 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 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 504 2nd Street has a total of 1,094 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,094 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 624 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 gable style roof that was made of asphalt. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central 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, 504 2nd Street sold most recently in Dec 29, 2015 for a total of $123,500. If you work out the math, that's approximately a cost of $112.89 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 $2,312 in taxes each year. 504 2nd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $147,770. If we break it down further, the land itself was valued at $13,300. Improvements to the property, however, were assessed at a total of $134,470. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1970
  • Effective Year Built: 1970
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: A-frame
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 1,094
  • Garage Type: Detached
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 8,400
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,094
  • Gross Building Area: 1,094
  • Building Area: 1,094
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,094
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ADY'S 2ND
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GRUNDY CENTER, ADYS 2ND ADDITION, BLK 2 LOT S1/2 OF 3 & 4

Ownership

  • Current Owner : FREESEMAN JASON L
  • Current Owner 2: FREESEMAN PAMELA J
  • Previous Owner : MEESTER JAMES D
  • Previous Owner 2: MEESTER MARIAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Grundy Center Community School District
  • School Tax School District: GRUNDY CENTER
  • Census Tract: 960300

Geography

  • Assessors Map Reference: PM 871607157002
  • Parcel: 871607157002
  • Block: 2
  • Lot: 3&4
  • Municipality: GRUNDY CENTER
  • Latitude: 42.3631
  • Longitude: -92.7643

    Address

  • Full Address: 504 2nd St
  • Address - House Number: 504
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: IA
  • City Name: Grundy Center
  • Carrier Code: C002
  • 4-Digit Zip Code: 1914
  • Zip Code: 50638

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,312
  • Tax Rate Code Area: GCGC

    Appraisal Valuation

  • Standard Deviation: 0.1606
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 79
  • Final Value: 189,554
  • High Value: 220,005
  • Low Value: 159,103

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $111,150
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jan 04, 2016
  • First Open Lien Mortgage Loan Amount: $111,150
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2046

    Market Valuation

  • Market Total Value: $147,770
  • Market Land Value: $13,300
  • Market Improvement Value: $134,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $147,770
  • Assessed Land Value: $13,300
  • Assessed Improvements Value: $134,470

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 29, 2015
  • Current Sale Recording Date: Jan 04, 2016
  • Current Sale Transaction ID: 1438458833
  • Current Sale Price: $123,500
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK
  • First Mortgage Transaction Date: Jan 04, 2016
  • First Mortgage Loan Amount: $111,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2046

About Grundy Center



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Frequently Asked Questions

What neighborhood is 504 2nd Street located in?
The 504 2nd Street is a located in the neighborhood of Grundy in Grundy Center, Grundy Center.
What is the average sales price for listings in 504 2nd Street?
The average sales price for units in 504 2nd Street is $0 currently.

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