Seller's Agent in 2023
Cindy Grabow
Edge Realty Group
(319) 430-5255
81 Total Sales
1053 I Ave Marengo, IA 52301
Estimated Value: $251,000 - $485,719
3
Beds
3
Baths
2,423
Sq Ft
$168/Sq Ft
Est. Value
Highlights
- Reverse Osmosis System
- Stream or River on Lot
- Loft
- 18.59 Acre Lot
- Vaulted Ceiling
- Great Room with Fireplace
About This Home
As of July 2023A little piece of heaven! Serene and sweet Log Cabin home nestled into the Iowa countryside! Perfect setting for a small farm or horse pasture. Bordered on 3 sides by tree-lined creeks. Creek beds are cleared and maintained for walking. 12 tillable acres are currently leased with optional renewal. Approximately 2400 finished SF. Main level features a kitchen, dining room, living room, fireplace, bathroom and more, filled with Iowa Iowa countryside scenic windows all around (all with custom pull shades). Second level lofted primary bedroom + bathroom has a large walk-in closet. Enter the lower level and find a king bedroom, a queen bedroom - both with walk-in closets. The lower level bedrooms share a full bath and relaxation area which could be used for a lounging space, family room or office area. A second, separate, entrance to the basement from the garage makes it easy for visitors or BnB guests to come and go. The lower level also has an extra fridge, freezer, washer and dryer, ample storage space. Fiber optic package installed and available for phone, internet, WiFi. Geothermal and full home reverse osmosis. City water and private septic. 10 minutes to Marengo, 10 minutes to Blairstown, 5 minutes to beautiful Hannen Lake Park, 25 minutes to Amana, under 40 minutes to CR airport, 40 minutes to Tiffin/Coralville.
Home Details
Home Type
- Single Family
Year Built
- Built in 1999
Lot Details
- 18.59 Acre Lot
- Open Lot
- Sloped Lot
- Private Yard
- Garden
- Property is zoned Rural / Residence
Parking
- 4 Parking Spaces
Home Design
- Poured Concrete
- Frame Construction
Interior Spaces
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Gas Fireplace
- Great Room with Fireplace
- Family Room
- Combination Dining and Living Room
- Loft
Kitchen
- Country Kitchen
- Breakfast Area or Nook
- Oven or Range
- Microwave
- Dishwasher
- Reverse Osmosis System
Bedrooms and Bathrooms
- Primary Bedroom Upstairs
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Laundry in Basement
Eco-Friendly Details
- Energy-Efficient Appliances
- Grid-tied solar system exports excess electricity
Outdoor Features
- Stream or River on Lot
Schools
- Iowa Valley Elementary And Middle School
- Iowa Valley High School
Utilities
- Forced Air Heating and Cooling System
- Geothermal Heating and Cooling
- Water Softener is Owned
- Private or Community Septic Tank
- Internet Available
Community Details
- Parcel D Se Ne & Ne Se Subdivision
Listing and Financial Details
- Assessor Parcel Number 110504012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 26, 2023
Closed on
Jul 19, 2023
Sold by
Ross John A and Ross Jere J
Bought by
Spence Thomas G and Spence Deborah J
Seller's Agent
Cindy Grabow
Edge Realty Group
Buyer's Agent
Cindy Grabow
Edge Realty Group
List Price
$549,900
Sold Price
$450,000
Premium/Discount to List
-$99,900
-18.17%
Views
428
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,094
Avg. Annual Appreciation
-4.03%
Original Mortgage
$225,000
Outstanding Balance
$219,327
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$186,579
Purchase Details
Closed on
Dec 9, 2014
Sold by
Baerg Robert L and Baerg Coreen S
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Jun 26, 2007
Sold by
Sick Robert L and Sick Vicki L
Bought by
Ross John A and Murray Jere J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spence Thomas G | $450,000 | None Listed On Document | |
| Wells Fargo Bank Na | $96,858 | None Available | |
| Ross John A | $325,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spence Thomas G | $225,000 | |
| Previous Owner | Ross John A | $145,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/24/2023 07/24/23 | Sold | $450,000 | -5.3% | $186 / Sq Ft |
| 07/21/2023 07/21/23 | Pending | -- | -- | -- |
| 06/26/2023 06/26/23 | Price Changed | $475,000 | -4.9% | $196 / Sq Ft |
| 06/16/2023 06/16/23 | Price Changed | $499,500 | -9.2% | $206 / Sq Ft |
| 05/26/2023 05/26/23 | For Sale | $549,900 | -- | $227 / Sq Ft |
Source: Iowa City Area Association of REALTORS®
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 |
|---|---|---|---|---|
| 2025 | $4,568 | $409,030 | $94,740 | $314,290 |
| 2024 | $3,680 | $350,810 | $55,900 | $294,910 |
| 2023 | $3,686 | $294,260 | $55,900 | $238,360 |
| 2022 | $3,164 | $254,400 | $49,850 | $204,550 |
| 2021 | $3,044 | $254,400 | $49,850 | $204,550 |
| 2020 | $2,948 | $228,270 | $49,850 | $178,420 |
| 2019 | $3,148 | $228,270 | $49,850 | $178,420 |
| 2018 | $3,044 | $215,340 | $45,320 | $170,020 |
| 2017 | $3,104 | $215,340 | $45,320 | $170,020 |
| 2016 | $3,088 | $217,340 | $45,320 | $172,020 |
| 2015 | $3,088 | $217,340 | $45,320 | $172,020 |
| 2014 | $2,938 | $208,670 | $45,320 | $163,350 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Grabow
Map
Source: Iowa City Area Association of REALTORS®
MLS Number: 202302862
APN: 11-05-0401-2
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information is deemed reliable, but not guaranteed accurate by the MLS.
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