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Off market
  • $233,100

    506 2nd Ave SW, Independence, IA 50644

    5beds
    2,687sqft
    SingleFamily
    Built in 1916
    0.38 Acres Lot
    $233,100 Zestimate®
    $87/sqft
    $1,387 Estimated rent

    Home value

    $233,100

    $219,000 - $249,000

    $1,387/mo

    Zestimate® history
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    What's special

    This fine home sits on the banks of the Wapsipinicon River. Spacious rooms with tall ceilings, crown molding, large windows, hardwood floors, wide wood trim, paneled and French doors. The large living room has a gas fireplace flanked by built-in book cases and a beautiful bay window. The formal dining room has a built-in china hutch and also has a bay window. The kitchen has quartz counters and a pantry. The 3 seasons porch looks to the river, leads to a mud room, and has covered access to the garage. Upstairs is the master suite and 3 other bedrooms. One bedroom has full sliding doors and has been used as a sitting room to enjoy the spectacular scenic views. There is a separate enclosed entrance as the current owner ran Riverside Bed & Breakfast here for 25 years with many returning guest enjoying this beautiful home. The basement walks out to the back yard and has a laundry room, 3/4 bath, and a workshop. Outside has a inviting covered front porch beautiful landscaping, a separate storage garage behind the single detached garage, and an irrigation system on over 1/3 of an acre. With all of the quality and space this home has to offer it is truly a great value! Additional photos at the visual tour link.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer
    • Laundry: Lower Level, Laundry Room
    Features
    • Flooring: Hardwood
    • Basement: Finished
    • Has fireplace: Yes
    • Fireplace features: masonry
    Interior area
    • Total interior livable area: 2,687 sqft

    Property

    Parking
    • Parking features: Carport, Garage - Detached
    Features
    • Exterior features: Other
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.38 Acres
    Details
    • Parcel number: 1004426002
    • Zoning: R-2

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Foundation: Concrete
    • Roof: Asphalt
    Condition
    • Year built: 1916

    Community & HOA

    Location
    • Region: Independence

    Financial & listing details

    • Price per square foot: $87/sqft
    • Tax assessed value: $183,780
    • Annual tax amount: $3,572

    Price history

    DateEventPrice
    6/16/2022Sold$190,000-2.3%$71/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20221617 Report a problem
    5/27/2022Pending sale$194,500$72/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20221617 Report a problem
    5/18/2022Listed for sale$194,500$72/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20221617 Report a problem
    4/26/2022Pending sale$194,500$72/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20221617 Report a problem
    4/21/2022Listed for sale$194,500+27.5%$72/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20221617 Report a problem
    1/27/2020Sold$152,500-4.4%$57/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20195717 Report a problem
    10/23/2019Price change$159,500-11.1%$59/sqft
    Source: Oakridge Realtors #20195717 Report a problem
    8/30/2019Price change$179,500-9.1%$67/sqft
    Source: RE/MAX Independence Realty #20191288 Report a problem
    8/5/2019Price change$197,500-1%$74/sqft
    Source: RE/MAX Independence Realty #20191288 Report a problem
    6/25/2019Price change$199,500-5%$74/sqft
    Source: RE/MAX Independence Realty #20191288 Report a problem
    5/16/2019Price change$210,000-3.4%$78/sqft
    Source: RE/MAX Independence Realty #20191288 Report a problem
    3/28/2019Price change$217,500-3.3%$81/sqft
    Source: RE/MAX INDEPENDENCE REALTY #20191288 Report a problem
    7/16/2018Price change$225,000-9.8%$84/sqft
    Source: RE/MAX INDEPENDENCE REALTY #20181600 Report a problem
    6/18/2018Price change$249,500-4%$93/sqft
    Source: RE/MAX INDEPENDENCE REALTY #20181600 Report a problem
    5/30/2018Price change$259,900-2.8%$97/sqft
    Source: RE/MAX INDEPENDENCE REALTY #20181600 Report a problem
    4/3/2018Listed for sale$267,500$100/sqft
    Source: RE/MAX Independence Realty #20181600 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,572 +14.7%$183,780
    2023$3,114 +3.1%$183,780 +28.1%
    2022$3,020 -1%$143,510
    2021$3,050 +7.9%$143,510 +7%
    2020$2,828 +1.9%$134,160
    2019$2,774 +4.4%$134,160 +4%
    2018$2,656 $128,980
    2017$2,656 -6.7%$128,980 -6.5%
    2016$2,848 $137,910
    2015$2,848 -1.9%$137,910
    2014$2,904 $137,910
    2013-- $137,910
    2012-- $137,910
    2011-- $137,910 +2.1%
    2010-- $135,128
    2007$1,996 +8.2%--
    2005$1,844 --
    Find assessor info on the county website

    Neighborhood: 50644

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Independence
    • Middle: Independence
    • High: Independence

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $237,762