$650,000
SOLD MAY 8, 2025

10497 W Ave Westgate, IA 50681

77 Acres
$8,468 Price per Acre
3,343,666 Sq Ft Lot

Recently Sold

35% Below List Price

42 Days on Market

About This Lot

As of May 2025

Located right off paved road, W Ave, in Westgate, Iowa. This 76.76 m/l acre parcel of farmland is open for the 2025 crop year. The tillable acres currently total 55.42 with a CSR of 70.23. Sellers are motivated. There is a CRP contract of 1.83 acres paying $360.00 per acre and expiring October 2025. Property sold As-Is.

Last Agent to Sell the Property

Kim Harris

Iowa Realty Waukee Listed on: 02/28/2025

Iowa Realty Waukee

Co-Listed By

Michelle Davison

Iowa Realty Waukee

Last Buyer's Agent

John Reburn

Peoples Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,336

Lot Details

  • 76.76 Acre Lot
  • Property is zoned Land

Listing and Financial Details

  • Assessor Parcel Number 1317200007

Property Details

Property Type

Land

Est. Annual Taxes

$2,336

Lot Details

0

Listing Details

  • Property Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Feature: Concrete

Schools

  • School District: West Central Community

Lot Info

  • Acres: 76.7600
  • Lot Shape: Regular
  • Assessor Parcel Number: 1317200007
  • Zoning: Land

Tax Info

  • Gross Taxes: 2336.00
  • Net Taxes: 2336.00

MLS Schools

  • School District: West Central Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2025
Closed on
May 13, 2025
Sold by
Nancy L Honken Revocable Trust and Cook Linda M
Bought by
Genreis 1 Llc
Seller's Agent
Kim Harris
Iowa Realty Waukee
Buyer's Agent
John Reburn
Peoples Company
List Price
$997,880
Sold Price
$650,000
Premium/Discount to List
-$347,880
-34.86%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%
Original Mortgage
$650,000
Outstanding Balance
$649,429
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
$4,776

Purchase Details

Listed on
Feb 28, 2025
Closed on
May 7, 2025
Sold by
David A Honken Revocable Trust and Cook Linda M
Bought by
Genreis 1 Llc
Seller's Agent
Kim Harris
Iowa Realty Waukee
Buyer's Agent
John Reburn
Peoples Company
List Price
$997,880
Sold Price
$650,000
Premium/Discount to List
-$347,880
-34.86%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$649,429
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
$4,776

Purchase Details

Closed on
Feb 7, 2025
Sold by
Reinking Kent and Reinking Sheila
Bought by
Nancy L Honken Revocable Trust and David A Honken Revocable Trust

Purchase Details

Closed on
Jul 28, 2008
Sold by
Honken Nancy L and Honken David A
Bought by
Honken Nancy L and Nancy L Honken Revocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $650,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $650,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Pending -- -- --
05/22/2025 05/22/25 For Sale $172,500 -73.5% --
05/08/2025 05/08/25 Sold $650,000 -0.4% --
04/11/2025 04/11/25 Pending -- -- --
04/02/2025 04/02/25 Price Changed $652,460 -15.0% --
03/12/2025 03/12/25 Price Changed $767,600 -23.1% --
02/28/2025 02/28/25 For Sale $997,880 -- --
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,336 $129,430 $129,430 $0
2023 $2,336 $129,430 $129,430 $0
2022 $2,288 $103,180 $103,180 $0
2021 $2,288 $112,920 $112,920 $0
2020 $2,220 $106,920 $106,920 $0
2019 $2,154 $151,840 $0 $0
2018 $2,132 $151,840 $0 $0
2017 $2,004 $152,890 $0 $0
2016 $1,934 $152,890 $0 $0
2015 $1,934 $0 $0 $0
2014 $1,668 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 712666

Des Moines Area Association of REALTORS®

APN: 13-17-200-007