540 7Th Avenue W
Spencer, IA, 51301 $ 129,000
Bedrooms2 Baths1.1 Sq 1,152 Monthly Estimate*
$ 794
for $129,000 with 2 bedrooms and 1 full bath, 1 half bath. This 1,152 square foot home was built in 1900 on a lot size of 0.27.
This charming 1½-story bungalow, built in 1900, is a solid, well-maintained home full of character and potential. Situated on a generous property that includes an extra lot, it offers added flexibility for future expansion, additional parking, or other possibilities, with the curb already in place for a driveway approach. The home features 2+ bedrooms, 1½ bathrooms, a welcoming 3-season room, and a detached 2-car garage. A full bathroom is located in the basement, although the fixtures were not replaced following the 2024 flood, providing an opportunity for the new owner to finish the space to their liking. As a result of the flood, the furnace, water heater, washer, and dryer have all been replaced with new units. Additional updates include a roof that was re-shingled in 2019, an updated breaker panel, and a Thrasher's sump pump system that was installed just before the 2024 flood event. With its aluminum siding, sturdy construction, and reputation as a "solid old house," this property combines classic charm, valuable updates, and plenty of opportunity for its next owner.
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FeaturesGeneralSewer Public Sewer
Construction Stick Built
Heating Forced Air
Cooling Central
Roof Asphalt
Flood Zone No
Number of Garage Spaces 2
School District Spencer
Electric Breakers
Architectural Style Bungalow
Stories Count 1
Class RESIDENTIAL
Assessments No
Levels One and One Half
Type Single Family Residence
Total Lots 2
Yearly Taxes 868
Tax Year 2024
Fuel Natural Gas
Status Active
Subdivision IA
Sale/Rent For Sale
Status Detail 0
Lot Sqft 11760
Construction Materials Aluminum Siding
Primary City Spencer
Year Built 1900
Directions GPS
City Spencer
Disclosures Lead Based Paint Disc Property Condition Disc
Total Sq Ft 1828
DOM 2
Secondary City Clay County
Postal Code 51301
Price Per Sq Ft Total AG 111.98
Public Remarks This charming 1½-story bungalow built in 1900 is a solid well-maintained home full of character and potential. Situated on a generous property that includes an extra lot it offers added flexibility
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ExteriorExterior Features Driveway-Concrete Porch
Waterfront 0
Garage Type Detached
Lot Size Source Assessor
Water Source Public/City
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InteriorFurnished Y/N Negotiable
Total Baths 2
Full Baths 0
1/4 Baths 0
Basement Style Full
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $794
- Monthly Property Taxes
- $72
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Spencer, IA
Average List Price $231,948
Percent of Sale Price 80%
About Spencer, IA 11,142 Population
-1% Since 2002
$ 46,679 Median Income
41.57 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
1883250 Elementary School
1883270 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/15/2026 | $129,000 | | Listed Price |