508 E 1st St, Spencer, IA 51301
Property image
Property image
OFF MARKET

$81,800

Trulia Estimate
  • 1 Bed
  • 1 Bath
  • 683 sqft

508 E 1st St, Spencer, IA 51301

Est. Refi. Payment $595/mo*
Refinance Your Home
Currently Off Market - Sold Aug 21, 2025 for $80,000

Home Value

Trulia Estimate
$81.8K
Since last month
Decreased$200 (-0.2%)
Since last year
Increased$1K (+1.7%)
Since last sale
Increased$2K (+2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +75% in the last 10 years
MonthEstimated value
2026
September 2026$82K
August 2026$82K
July 2026$82K
June 2026$81K
May 2026$81K
April 2026$81K
March 2026$81K
February 2026$80K
January 2026$80K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
829 E 5th St, Spencer, IA
0.38
Single-Family Home
$95,000
06/30/26
1
1
576
520 E 2nd St, Spencer, IA
0.07
Single-Family Home
$60,000
01/14/26
2
1
884
809 E Milw St, Spencer, IA
0.44
Single-Family Home
$75,000
08/28/26
2
1
704
120 E 3rd St, Spencer, IA
0.28
Single-Family Home
$120,000
12/31/25
3
1
1,041
910 E 5th St, Spencer, IA
0.37
Single-Family Home
$122,500
11/24/25
2
1
796
117 E 2nd St, Spencer, IA
0.27
Single-Family Home
$128,000
09/19/25
2
1
976
525 E 2nd St, Spencer, IA
0.10
Single-Family Home
$90,000
02/09/26
3
2
1,000
601 E Milw St, Spencer, IA
0.42
Single-Family Home
$116,000
08/03/26
2
1
1,008
716 E 8th St, Spencer, IA
0.52
Single-Family Home
$99,500
11/12/25
3
1
698
32 W 1st St, Spencer, IA
0.44
Single-Family Home
$114,000
05/01/26
3
1
1,195

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
520 E 2nd St, Spencer, IA 51301
0.07
$60,000
2
1
884
Recently Sold
431 E Park St, Spencer, IA 51301
0.05
$129,600
5
2
1,360
Off Market
521 E 2nd St, Spencer, IA 51301
0.10
$167,400
3
2
1,948
Off Market
525 E 2nd St, Spencer, IA 51301
0.10
$90,000
3
2
1,000
Recently Sold
705 E 1st St, Spencer, IA 51301
0.11
$112,400
3
2
1,280
Off Market
520 E 3rd St, Spencer, IA 51301
0.13
$144,700
2
1
968
Off Market
500 E 4th St, Spencer, IA 51301
0.19
$210,000
4
2
1,982
Recently Sold
516 E 4th St, Spencer, IA 51301
0.19
$134,000
5
1.5
1,700
Recently Sold
309 E 2nd St, Spencer, IA 51301
0.17
$209,700
4
2
2,560
Off Market
708 E 4th St, Spencer, IA 51301
0.22
$153,700
3
2
2,029
Off Market
801 E 3rd St, Spencer, IA 51301
0.22
$158,800
2
2
983
Off Market

Local Information

  • Map ViewExplore the area around 508 E 1st St.
  • Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1900
683 sqft
$120/sqft

About this House

Affordable! —a compact and efficient home that offers big potential in a small footprint. This one-bedroom, one-bath home with an additional office space is ideal for someone seeking simplicity and convenience. Whether you're a minimalist, a weekend commuter, or an investor looking for a smart rental opportunity, this property fits the bill. Make this tiny treasure yours!
508 E 1st St, Spencer, IA 51301 is a 1 bedroom, 1 bathroom, 683 sqft single-family home built in 1900. It last sold for the $80,000 asking price on Aug 21, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $81,800, with a rent estimate of $821/month.
Last check for updates: about 2 hours ago
Listed by Kelly Bierl, (712) 260-5711
Hometown Realty
Bought with: Kelly Bierl, (712) 260-5711, Hometown Realty
Source: Iowa Great Lakes BOR, MLS#250771

Home Details for 508 E 1st St

Interior Features

Interior Details
Basement: Unfinished,Block,FullNumber of Rooms: 6Types of Rooms: Bedroom 1, Bathroom 1, Dining Room, Kitchen, Living Room, Office
Beds & Baths
Number of Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 683 Square Feet
Appliances & Utilities
Utilities: Natural Gas ConnectedAppliances: Dryer, Range/Stove, Refrigerator, Washer, Electric Water HeaterDryerRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Gas & Electric
Electric: Circuit Breakers
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: Patio
Parking & Garage
No CarportNo GarageNo Attached GarageParking: No Garage
Frontage
Road Frontage: SidewalksNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 683 Square Feet

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Block, Vinyl Siding, Frame/Wood, Stick BuiltNot Attached Property
Property Information
Parcel Number: 963618209006

Price & Status

Price
List Price: $80,000
Status Change & Dates
Off Market Date: Thu Aug 21 2025

Active Status

MLS Status: Closed

Location

Direction & Address
City: SpencerCommunity: IA
School Information
Elementary School District: SpencerJr High / Middle School District: SpencerHigh School District: Spencer

Building

Building Area
Building Area: 683 Square Feet

Lot Information

Lot Area: 3920.4 sqft

Miscellaneous

BasementMls Number: 250771Attribution Contact: PRIM: 712-260-5711Above Grade Unfinished Area: 683

Price and Tax history

DateEventPrice
Aug 21, 2025
Source: Iowa Great Lakes BOR #250771
Sold
$80,000
Jul 24, 2025
Source: Iowa Great Lakes BOR #250771
Pending
$80,000
Jul 8, 2025
Source: Iowa Great Lakes BOR #250771
Contingent
$80,000
Jun 20, 2025
Source: Iowa Great Lakes BOR #250771
Listed For Sale
$80,000

Market trends in Spencer

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
86
7MoM

Around this home

What Locals Say about Spencer

At least 31 Trulia users voted on each feature.

  • 88 % Say yards are well-kept

  • 83 % Say car is needed

  • 81 % Say it's quiet

  • 78 % Say it's dog friendly

  • 74 % Say there are sidewalks

  • 74 % Say parking is easy

  • 69 % Say kids play outside

  • 68 % Say people would walk alone at night

  • 65 % Say there's holiday spirit

  • 62 % Say it's walkable to grocery stores

  • 60 % Say neighbors are friendly

  • 49 % Say there's wildlife

  • 48 % Say streets are well-lit

  • 48 % Say they plan to stay for at least 5 years

  • 42 % Say it's walkable to restaurants

  • 31 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Kx4css4r2x
    "I lived in this neighborhood for 4 years and couldn’t be happier about the environment, plenty of parks to walk to in the mornings with the YMCA in walking distance. Would recommend to anyone looking for a well put together community that’s quiet. I even still own my home in the area because it’s just that great. "
    3
    Flag
  • April J.
    "Flagfest, Slugfest and Greatest Clay County Fair it is a wonderful place to live... town is beautiful 😍 "
    1
    Flag
  • April J.
    "great neighborhood... two annoying dogs bark all the time to the east of me. 2 doors down to my west our neighbors lose their dog all the time and constantly telling their child to get out of the road. 🤦‍♀️🤦‍♀️ other than that its GREAT! 😉"
    2
    Flag

LGBTQ Local Legal Protections

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Frequently asked questions about 508 E 1st St

  • What is 508 E 1st St estimated to be worth?
    Trulia's estimated value for 508 E 1st St in Spencer, IA is $81,800.
  • What is the price history for 508 E 1st St?
    508 E 1st St in Spencer, IA last sold for $80,000 in August 2025.
  • Is Spencer a buyer's or seller's market?
    Spencer is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Spencer?
    Residents describe Spencer, IA as well-kept, quiet, and dog-friendly. Most residents say you need a car. See recently sold homes in Spencer, IA.
  • Does 508 E 1st St have air conditioning?
    Yes, 508 E 1st St in Spencer, IA has air conditioning.
  • Does 508 E 1st St have laundry facilities?
    Yes, 508 E 1st St in Spencer, IA has in-unit laundry.

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