NOT LISTED FOR SALE

0 Hwy 5 Unit 5420910 Centerville, IA 52544

-- Bed
-- Bath
-- Sq Ft
160 Acres

Last Sold August 23, 2017

Last sale price $510,500

31 Days on Market

Highlights

  • 160 Acre Lot
  • Crops Farm
  • Machine Shed

About This Home

As of August 2017

Over 7.5% Gross Return on this 160 acres property. The farm consists of 160 acres m/l currently being used for a 9 hole par 36 Golf Course and 60 acres m/l of Crop ground. The currently owner would like to lease the golf course for $30,000 a year and the crop ground currently rents for $12,000 a year for a gross rent of $42,000 a year. The farm is approx. 1 mile south of Centerville, IA. The city has city sewer on the property so development in the future would be a big bonus to this already incredible investment. The farm could be put back into production with what the owner tells me would be around $6,000 to $8,000 of dirt work. It appears that there would be around 135 acres m/l of total crop ground. This would have to be confirmed with the NRCS office. The entire 160 acre m/l has a CSR2 of 49.2. What is currently being cropped has a CSR2 of 52.6. Farm is located 1 mile south of Centerville, IA on Hwy. 5. This is an opportunity to have a wonderful farm and make a big return.

Last Agent to Sell the Property

Carl Cisler

Hometown Realty Listed on: 06/23/2017

Last Buyer's Agent

Carl Cisler

Hometown Realty Listed on: 06/23/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,540

Lot Details

  • 160 Acre Lot
  • Property fronts a state road

Farming

  • Crops Farm
  • Machine Shed

Utilities

  • Rural Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,540

Lot Details

0

Listing Details

  • Copyright Remarks: Yes
  • Municipality: Centerville
  • House Or Land: Land Only
  • OFFICELIST_ADDRESS: 0 Hwy 5
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2017-06-23
  • List Office I D: 589
  • M L Number Foreign: SEIA20166361
  • Sales Office I D: 589
  • Selling Agent: 2605
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Building Style: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedroom 1: No
  • Bedroom 2: No
  • Bedroom 3: No
  • Bedroom 4: No
  • Dining Room: No
  • Family Room: No
  • Kitchen: No
  • Living Room: No
  • Room Types: Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Bedroom 1, Bedroom 4, Kitchen, Living Room, Bedroom 2, Bedroom 3

Exterior Features

  • Road Frontage: State Road, Other
  • Outbuildings: Machine Shed

Utilities

  • Air Conditioner: None
  • Available Utilities: Electricity Available
  • Sewer: City Sewer/Connected
  • Water: Rural/Municipality

Fee Information

  • Tax Class: FARM

Schools

  • School District: Centerville
  • School District Number: 1071

Lot Info

  • Acres: 160
  • Lot Size Sq Ft: 6969600
  • Lot Size Units: Acres
  • Land Agreements: Other/See Remarks
  • Tillable Acres: 60
  • Topography: Level,Rolling
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Tax Info

  • Gross Taxes: 9540

MLS Schools

  • School District: 1071 - Centerville
  • School District Name: Centerville

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2017 08/23/17 Sold $510,500 -6.8% --
07/24/2017 07/24/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $548,000 -- --
Source: NoCoast MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5420910

NoCoast MLS