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507 1st Street

507 1st Street, Neola, IA 51559
Property in Pottawattamie
Sold Apr 20, 2023
$125,000
$120,483 by Rocket Mortgage Llc
Mortgage Due May 01, 2053
Sold Sep 26, 2012
$89,000
$86,827 by Us Bank Na
Mortgage Due Oct 01, 2042
507 1st Street in Neola, IA was first built in 1900 and is 124 years old. Although, the building on the property was most recently renovated and altered in 1961. This has been categorized as a residential property type. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 507 1st Street has 848 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 660 ft and the linear feet between the front and back of the lot is 1,770. In total, the area measurement of the land is 11,761 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. 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 good. The property was last sold in Apr 17, 2023 for $125,000. That's $108.13 per sqft. Prior to that sales transaction, the property was also sold in Sep 19, 2012 for $89,000. 507 1st Street was last assessed in 2023. The total value of the property was assessed at $101,500. Specifically, the land the property is located on was valued at $20,900. While improvements on the property were assessed at a total of $80,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,730. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,770
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,156
  • Building Area: 1,156
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 848
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JUDSONS 2ND ADDITION
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NEOLA TOWN-JUDSONS 2ND ADD LT 2 BLK 1

Ownership

  • Current Owner : JOHNSON KARA M
  • Previous Owner : MARTENS DILLON J
  • Owner Before Previous Owner: MARTENS SHANNON
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Tri-Center Community School District
  • School Tax School District: TRI-CENTER
  • Census Tract: 021501

Geography

  • District: 6501
  • Parcel: 7742 24 427 009
  • Block: 1
  • Lot: 2
  • Meridian: SEC 24 TWN 77N RNG 42W
  • Municipality: NEOLA TOWN
  • Latitude: 41.4542
  • Longitude: -95.6153

    Address

  • Full Address: 507 1st St
  • Address - House Number: 507
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: IA
  • City Name: Neola
  • Carrier Code: R303
  • 4-Digit Zip Code: 3114
  • Zip Code: 51559

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,730
  • Tax Rate Code Area: 065 - NEOL

    Appraisal Valuation

  • Standard Deviation: 0.2443
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 65
  • Final Value: 135,398
  • High Value: 168,480
  • Low Value: 102,316

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,483
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 20, 2023
  • First Open Lien Mortgage Loan Amount: $120,483
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $101,500
  • Market Land Value: $20,900
  • Market Improvement Value: $80,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,500
  • Assessed Land Value: $20,900
  • Assessed Improvements Value: $80,600

    Sales

  • Current Sale Contract Date: Apr 17, 2023
  • Current Sale Recording Date: Apr 20, 2023
  • Current Sale Transaction ID: 11905706588
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3510
  • Previous Sale Recording Date: Sep 26, 2012
  • Previous Sale Contract Date: Sep 19, 2012
  • Previous Sale Amount: $89,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 20, 2023
  • First Mortgage Loan Amount: $120,483
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Sep 26, 2012
  • Previous Mortgage Loan Amount: $86,827
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Oct 01, 2042

About Neola



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Frequently Asked Questions

What neighborhood is 507 1st Street located in?
The 507 1st Street is a located in the neighborhood of Pottawattamie in Neola, Neola.
What is the average sales price for listings in 507 1st Street?
The average sales price for units in 507 1st Street is $0 currently.

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