120 4th Street, Spencer, IA 51301 for Sale

MLS #241285 | Bojihomes.com

$217,500

  • 4
  • 3
  • 3904
  • Active

General Description

Welcome to this charming 1911 1.5-story home, ideally situated in a unique Central Business District that offers both residential and business opportunities. This property features an easy access ramp and has preserved much of its original millwork and flooring, showcasing the character and charm of the era. Inside, you'll find four spacious bedrooms, with a potential fifth bedroom or office space, along with three bathrooms and two dining rooms. The inviting front entryway leads to 2,420 square feet of thoughtfully designed living space across the main and second floors. The basement has been recently mitigated from flooding and includes an egress window, potential family room, second kitchen, and additional laundry hookups, as well as a fourth bathroom. An attached two-car garage with paved alley access features 11-foot walls accommodating a 10' x 18' garage door, in-floor heating, a floor drain, and the convenience of the fourth bathroom. Don’t miss the list of updates available in the documents—schedule your viewing today to experience this property for yourself. This property is being offered "As Is"

Legal: 5-6 L & H * LEGAL PER ABSTRACT *
Status: Active

Property Information

241285

$217,500

Sale

Single Family Residence

1.5 STORY

RESIDENTIAL

120 W 4th Street

Spencer

IA

51301

4

3

2

1

1

3904

10736

Attached

2

2022

Spencer

1911

Features

No

Driveway-Concrete, Patio, Porch

Hardwood Floors, Main Floor Bedrooms, Main Floor Laundry, Pantry, Washer/Dryer Hkups

Water Heater-Elec

Utilities

Forced Air, In-Floor

Public/City

Public Sewer

Central

Yes

Breakers

Miscellaneous

Full

Egress Windows

Concrete Block

Frame/Wood,Stick Built

Cement Siding

LISTED BY

Hinn Real Estate, Doug Small (712.336.1240)

PROPERTY LOCATION

MORTGAGE CALCULATOR


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Open House: 08 Mar, 2025 (10:00 AM to 12:00 PM)
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Will Kretsinger - REALTOR

Will Kretsinger

REALTOR

Aaron Jones - ABR | SRS, RE/MAX Hall of Fame & Lifetime Achievem

Aaron Jones

ABR | SRS, RE/MAX Hall of Fame & Lifetime Achievem

Ask About this Property #241285

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Cheap vs high end quality. A buyer's perspective.

Cheap vs high end quality.  A buyer's perspective. in The

Here's the scenario. You are building a house or remodeling your house. Material costs are up. Labor costs are up. You ask yourself, where can I save a buck? Before answering this question, you must be careful, especially if your home is located in an area where other quality homes are built, whether on the lake, off the lake, or in higher valued developments such as golf course developments, etc. Growing up in construction and with a plethora of new construction and remodels under my belt, let me share with you some of the easy things that your future buyers will recognize when they are looking for quality.
1. One of the first things buyers of higher end homes will look for is to determine if the owner used hollow core doors. It's an immediate sign that the seller was looking for ways to save money (where else then did they cut back that I can't see???)
2. The second most obvious is the counter tops. Did the sellers spend for a quality granite, quartz, or other hard surface, or was formica used?
3. The third item that might stick out is the cabinetry. Do the drawers have dovetail construction with hardwoods? Did they use "soft close" drawers? Are there pull outs for the pots and pans?
4. Flooring is an easy one also. Was laminate used, or is it engineered or hardwoods? Does the carpet convey a quality feel and plushness? Is there a nice thick pad underneath the carpet?
5. Though there are many other items to look at, cheap vs quality lighting and plumbing fixtures are probably the next major focus.

There is nothing wrong with with using lower cost materials, especially when trying to keep a project within budget, especially when trying to build more house for less money. Just be aware that most buyers looking to spend in excess of $300k for off lake homes and $500+ for East Lake chain homes, and $1M+ for West and Big Spirit will expect the very best materials and finishes.

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"The Bridge" has been referred to by the Wharf Bridge, the Kentucky Fried Chicken Bridge, the bridge connecting East and West, among other names. In the good old days, this was actually a draw bridge converted to the current permanent structure. In the 90's when the 3 lane was installed, there was talk about removing the bridge and making some drastic changes. All in all, the base of the bridge remained, and the upper structure was improved. I remember as a kid jumping off the bridge, and fishing on and under the bridge. In fact, an unforgettable memory I have is when I was fishing with my cousin and I casted out trying to reach the opposite corner of the bridge with my lure. In mid air, a pigeon flew and the timing was so great that my line wrapped around the pigeon, and the pigeon went into the water. I reeled it up and had caught a pigeon. My cousin then decided to hold this pigeon inside the front of his coat. We went to show people at Okoboji Boats what we had caught. When we got there, he opened his jacket, and the pigeon had pooped all over his white shirt.

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