Investment Potential for 501 S Plane St

The property has a current estimated value of $78,017, which is 9% above the zip median, based on public records. It last sold on August 12, 2022 for $88K. Projected long-term

is $13,800 annually ($1,150 per month) with a 90% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$88,000

Sold August 12, 2022

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$78K

($75.6K - $80.2K)

9% above zip median

5-Year Forecast
5-year appreciation
This is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and historical market data. Actual appreciation of a property can differ materially for a variety of reasons. Learn More.

$******

View Forecast

Discover more Single Family Homes in 52601.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$13,800 per year($1,150 per month)

$****View Operating Expenses

Net Operating Income

$****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

90%in 52601 zip code

View Rental Potential

Owners & Occupancy for 501 S Plane St

This property is owned by Lance Scot Higdon. Owner contact information includes 10 phone numbers and 3 email addresses.

Occupancy

*****

View Occupancy

Appreciation Since Purchased

-$9,983

Purchased August 12, 2022

Number of Owners

1

Property Owners

Property Ownership Information

Purchase Date	August 12, 2022
Property Tax Amount	$1,384 in 2024
Purchase Price	$88,000

Occupancy

Current Occupancy	*****View Occupancy
Resident 1	***************** age 41
Resident 2	************* age 84

Property Details for 501 S Plane St

Estimated Mortgage Balance

$********

View Mortgage Info

Estimated Equity

Property Age

130 years

(Remodeled 1895)

33 years older than zip median

Property Details

Property Sq Ft

Living Area

1,420 sq ft

30% above market

Lot Size

7,022 sq ft

8% above market

Price Per Sq Ft

Living Area

$55 / sq ft

20% below market

Lot Size Area

$11 / sq ft

0% above market

Property Information

Property condition, age, exterior, etc. for 501 S Plan…

Land & Location Information

Longitude: -91.125145 Latitude: 40.805028 Parcel Number (APN): 16-06-285-008…

Mortgage & Equity Information

Mortgage originated on through lender: Veterans United Hm Loans for$*****View Mortgage Details

Recommended Properties in 52601

Discover more single family homes near 501 S Plane St in Burlington, Iowa. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Valued above Market Median
$111K - $123K
Est. Value
117 Crestview Dr, Burlington, IA 52601
2 beds · 1 baths · 1,270 sq ft · Last Sold: $177,000 in 2022 · Built: 1959
Owned for 5 - 10 Years
$59.3K - $67.1K
Est. Value
1334 Garnet St, Burlington, IA 52601
3 beds · 1 baths · 1,472 sq ft · Last Sold: $64,875 in 2016 · Built: 1880
Owned for 5 - 10 Years
$132K - $148K
Est. Value
117 Paulaire Ct, Burlington, IA 52601
4 beds · 2 baths · 1,362 sq ft · Last Sold: $95,500 in 2017 · Built: 1968
Valued above Market Median
$137K - $154K
Est. Value
2419 Burlington Ave, Burlington, IA 52601
3 beds · 1 baths · 1,835 sq ft · Built: 1938
Owner Age 65 - 75
$83.8K - $95K
Est. Value
1418 Agency St, Burlington, IA 52601
3 beds · 1 baths · 1,760 sq ft · Built: 1890
Large Lot Advantage
$47.8K - $51.9K
Est. Value
714 Summer St, Burlington, IA 52601
3 beds · 1 baths · 1,048 sq ft · Last Sold: $45,000 in 2007 · Built: 1870
Good value per sqft
$91K - $104K
Est. Value
109 Polk St, Burlington, IA 52601
2 beds · 1 baths · 1,807 sq ft · Built: 1921
Owner Age 65 - 75
$83.5K - $102K
Est. Value
137 Windsor Cir, Burlington, IA 52601
3 beds · 1 baths · 900 sq ft · Built: 1952
Owner Age Above 75
$73.9K - $84.2K
Est. Value
2700 Madison Ave, Burlington, IA 52601
2 beds · 1 baths · 924 sq ft · Built: 1948
Owner Age 65 - 75
$60K - $65.3K
Est. Value
914 North St, Burlington, IA 52601
2 beds · 992 sq ft · Last Sold: $21,000 in 2006 · Built: 1880
Owned for Less Than 5 Years
$57.5K - $64.6K
Est. Value
1014 S Central Ave, Burlington, IA 52601
2 beds · 1 baths · 1,420 sq ft · Last Sold: $1,150,000 in 2024 · Built: 1897
Large Lot Advantage
$92.8K - $102K
Est. Value
605 Denmark St, Burlington, IA 52601
2 beds · 1 baths · 1,144 sq ft · Last Sold: $70,000 in 2015 · Built: 1950
Valued above Market Median
$114K - $127K
Est. Value
3115 Sunnyside Ave, Burlington, IA 52601
2 beds · 1 baths · 1,592 sq ft · Built: 1952
Owned for Less Than 5 Years
$91.3K - $100K
Est. Value
128 Glenn Ave, Burlington, IA 52601
3 beds · 1,474 sq ft · Last Sold: $115,000 in 2022 · Built: 1907
High Demand Long-Term Rental
$55.5K - $61.6K
Est. Value
1205 Jefferson St, Burlington, IA 52601
3 beds · 1 baths · 943 sq ft · Last Sold: $42,000 in 2020 · Built: 1890
Good value per sqft
$30.2K - $33K
Est. Value
1112 Spring St, Burlington, IA 52601
2 beds · 1 baths · 890 sq ft · Last Sold: $39,875 in 2016 · Built: 1915
Owner Age 45 - 55
$69.4K - $79.1K
Est. Value
625 Angular St, Burlington, IA 52601
3 beds · 1 baths · 1,598 sq ft · Built: 1890
Valued above Market Median
$153K - $221K
Est. Value
1604 S 13th St, Burlington, IA 52601
5 beds · 1 baths · 2,394 sq ft · Last Sold: $160,000 in 2023 · Built: 1885
Owner Age 55 - 65
$145K - $204K
Est. Value
1505 S Central Ave, Burlington, IA 52601
4 beds · 1 baths · 2,068 sq ft · Built: 1890
Large Lot Advantage
$114K - $130K
Est. Value
2057 Gnahn St, Burlington, IA 52601
3 beds · 1 baths · 1,860 sq ft · Last Sold: $128,625 in 2017 · Built: 1867

Market Benchmarks

Compare data for 501 S Plane St in Des Moines County to the median in the zip code area and surrounding markets, where available.

View zip code benchmarks

Property

Zip

Difference

State

Difference

$78,017

$71,778

$6,238 (9%)

$144,030

-$66,013 (-46%)

$******

$********

$**** (****%)

$221,021

-$109,976 (-50%)

YoY Price Change

****%

3.66%

198%

Year Built

1895

1928

-33 years

1950

-55 years

Living Space

1,420 sq ft

1,090.5 sq ft

330 (30%)

1,120 sq ft

300 (27%)

$ Per Living Sq Ft

$55

$69

-$14 (-20%)

$129

-$74 (-58%)

Lot Size

7,022 sq ft

6,499 sq ft

523 (8%)

8,400 sq ft

-1378 (-16%)

$ Per Lot Sq Ft

$11

$0 (0%)

$19

-$7 (-40%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$****

$*****

$***** (****%)

$11,426

-$1,433 (-13%)

Annual Revenue

$13,800

$15,000

-$1,200 (-8%)

$16,200

-$2,400 (-15%)

$****

$******

$*** (****%)

$4,620

-$813 (-18%)

Net Operating Income

$****

$*****

$***** (****%)

$11,426

-$1,433 (-13%)

Cap Rate

****%

—

7.45%

—

View Zip code Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

Occupation	Fulltime Student, Learnkey
Cell Phone	(319) *-**View Cell Phone
Residence	**************
Landline	(319) 392-8163
Distance from Property	**********
Email Address	********@hotmail.comView Email

Property Condition	*********View Condition
Property Type	Single Family Home
Total Bedrooms	2
Total Bathrooms	1
Year Built	1895
Building Sq Ft	1,420 sq ft
Lot Size	0 Acres
Living Space	1,420 sq ft
Basement	736 sq ft
Roof Covering	Shingle
Garage	Garage
Sewer	Public

APN	16-06-285-008
Census Tract	0007001015
Municipality	Burlington
County	Des Moines
Subdivision	Leebrick Add
Zoning	R2
Neighborhood	52601
Longitude / Latitude	-91.125145 / 40.805028
Lot Size	7,022 sq ft

Loan Amount	$*****
Lender	Veterans United Hm Loans
Origination Date	August 12, 2022
Interest Rate	****%
Term	30 Years
Rate Type	Fixed
Est Balance	$********
Due Date	******************
Equity	View Equity

501 S Plane St Burlington, IA 52601

property value

$78,017

market valuation

$71,778

market valuation

$71,778

investment intelligence

Investment Potential for 501 S Plane St

rental income

property appreciation

Last Sale Amount

$88,000

property value

$78K

($75.6K - $80.2K)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 501 S Plane St

Occupancy

Appreciation Since Purchased

-$9,983

Number of Owners

1

Property Owners

Lance Scot Higdon, age **

Property Ownership Information

Occupancy

Property Details for 501 S Plane St

Estimated Mortgage Balance

Estimated Equity

$*****

Property Age

130 years

(Remodeled 1895)

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Mortgage & Equity Information

Recommended Properties in 52601

$111K - $123K

Est. Value

117 Crestview Dr, Burlington, IA 52601

2 beds · 1 baths · 1,270 sq ft · Last Sold: $177,000 in 2022 · Built: 1959

$59.3K - $67.1K

Est. Value

1334 Garnet St, Burlington, IA 52601

3 beds · 1 baths · 1,472 sq ft · Last Sold: $64,875 in 2016 · Built: 1880

$132K - $148K

Est. Value

117 Paulaire Ct, Burlington, IA 52601

4 beds · 2 baths · 1,362 sq ft · Last Sold: $95,500 in 2017 · Built: 1968

$137K - $154K

Est. Value

2419 Burlington Ave, Burlington, IA 52601

3 beds · 1 baths · 1,835 sq ft · Built: 1938

$83.8K - $95K

Est. Value

1418 Agency St, Burlington, IA 52601

3 beds · 1 baths · 1,760 sq ft · Built: 1890

$47.8K - $51.9K

Est. Value

714 Summer St, Burlington, IA 52601

3 beds · 1 baths · 1,048 sq ft · Last Sold: $45,000 in 2007 · Built: 1870

$91K - $104K

Est. Value

109 Polk St, Burlington, IA 52601

2 beds · 1 baths · 1,807 sq ft · Built: 1921

$83.5K - $102K

Est. Value

137 Windsor Cir, Burlington, IA 52601

3 beds · 1 baths · 900 sq ft · Built: 1952

$73.9K - $84.2K