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$40,000   Price Analysis
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504 S 2nd St
Albia, IA 52531
4 bed 1 bath 1,524 SqFt ($26/SqFt)
8,712SqFt lot. Built 1900
Listed 2024-05-11, Taxes $1,336
USDA Eligible
near Albia, IA
 

Built in 1900 with 1

* Has Contingent Offer *

500 + finished square feet, this Albia home is locted a short distance from the intersection of Highway 5 and 34 and offers multiple options at a fantastic price! Upon entering this home, youll find a nice living area and a formal dining room. Continuing on, youll find a closet with main floor laundry and functional kitchen with a side door offering access to the back deck. Off that living area are 2 bedrooms with a jack and jill bathroom.

The second story has 2 more bedrooms, another bathroom (not currently functioning and being used as storage) and a storage room. The full basement is home to the utilities and offers options for storage. Outside, youll appreciate the deck, front porch and yard. Come see the potential this property offers. If looking for an investment opportunity, this property is one to consider. This sale is subject to tenants rights as the current lease runs through June 30, 2024. 24-hour minimum notice is required for showings as property is tenant occupied.


Presented by Allyson Ryan-haberman at
Hawkeye Farm Mgmt & Real Estat.


Property MLS #6317255 from NoCoastMLS

Bedrooms: 4
Bedroom 1 Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Upper
Bedroom 4 Level: Upper

Bathroom: Main
Living Room Level: Main

Full Bathrooms: 1

Dining Room Level: Main
Kitchen Level: Main

Lot Size Acres: 0.2
Lot Size Dimensions: 66x132
Lot Size Square Feet: 8712

Road Responsibility: Public Maintained Road

Association: No
Calculated Total Monthly Association Fees: 0
Association Name: SEIA

Annual Tax Amount: 1414
Source Listing Status: Active - Contingent
County: Monroe
Cross Street: 6th Ave E
Directions: From the intersection of Hwys 5 & 34, Take Hwy 5 North (turns into S Main St) to the intersection of S Main Str and 6th Ave E. At the intersection of 6th Ave E and S 2nd St. Go North on S 2nd St. The property will be on the East side of the road after approx. 1 block.
Tax Year: 2023
Source Property Type: SINGLE FAMILY
Area: Monroe
Source Neighborhood: Monroe
Zoning: Residential-Single Family
Property Subtype: Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$50,500 + $10,820
$61,320
$1,336
2021$50,500 + $10,820
$61,320
$1,282
2020$43,030 + $9,240
$52,270
$1,288
2019$43,030 + $9,240
$52,270
$1,382
2018$42,050 + $9,240
$51,290
$1,358
2017$42,050 + $9,240
$51,290
$1,344
2016$40,810 + $8,250
$49,060
$1,350
2015$40,810 + $8,250
$49,060
$1,310
2014$39,070 + $8,250
$47,320
$1,220
2013$39,070 + $8,250
$47,320
$1,140
2010$40,503 + $6,996
$47,499
$1,054
2008$38,210 + $6,600
$44,810
$890

Listed 2024-05-11
$40,000
NoCoastMLS
Listing removed 2022-06-27
$39,000
SouthEastIowa
Listing removed 2011-08-30
$39,000
Rathbun
Relisted 2011-07-19
$39,000
Rathbun
Listing removed 2011-07-08
$39,000
Rathbun
Listed 2011-07-06
$39,000
Rathbun

Total Square Feet Living: 1524
Property Age: 124
House Style: 1.5 Story
Total Area Sqft: 1524
Total Below Grade Area: 1016

Grant Center is a public elementary school located approximately 0.1 miles away.
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Albia Middle School is a public middle school located approximately 0.6 miles away.
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Albia High School is a public high school located approximately 0.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.