NOT LISTED FOR SALE

1123 248th St Waverly, IA 50677

Estimated Value: $472,000 - $733,939

3 Beds
4 Baths
3,870 Sq Ft
$150/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $555,000 $143 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,661/month

4 Days on Market

Highlights

  • Barn
  • RV or Boat Parking
  • Fruit Trees
  • Spa
  • 22.82 Acre Lot
  • Deck

About This Home

As of July 2021

Enjoy the drive through back country roads on your way to this one-of-a-kind luxury home. Tucked away in rural Bremer County, this cedar sided gem is a show stopper. This 3 bed/3+ bath home has incredible amenities, from hardwoods on the main, new carpeting for the upper level bedrooms and travertine tile in the lower level. The main level boasts an open floor plan with enough character to be different from anything you've seen. The kitchen and dining room combo offers incredible storage possibilities with beautiful oak cabinetry, quartz counter tops and an adorable 4 seasons room with heated flooring located just off the kitchen. The living room is drenched in natural sunlight. It is home to an incredible floor to ceiling brick fire place and houses a unique wood burning stove. The main floor owner's bedroom offers 2 walk in closets, 2 attached baths and access to the hot tub room. The lower level is home to 1300 finished square feet and offers multiple living areas, an egress window and a home office. This property is an outdoorsman's dream! With a total of nearly 23 acres, there is more than enough room to hunt, garden, raise animals, host events; anything your heart desires. The incredible 2 story barn is large enough to store 4 vehicles. It is perfect for a man cave, she shed or workshop. Geothermal was installed in 2014 contributing to the low average of $140 per month. Not enough can be said about the absolutely meticulous care this home has been given. Excellent craftsmanship can be seen throughout. It is truly impeccable. You have likely not seen anything like this!

Last Agent to Sell the Property

Janice Hewitt

RE/MAX Concepts - Cedar Falls License #S6180800 Listed on: 06/13/2021

RE/MAX Concepts - Cedar Falls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,207

Year Built

  • Built in 1996

Lot Details

  • 22.82 Acre Lot
  • Landscaped
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Additional Parcels
  • Property is zoned R-S

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 3,870 Sq Ft Home
  • Multi-Level Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Track Lighting
  • Wood Burning Stove
  • Pocket Doors
  • Living Room with Fireplace
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Built-In Double Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Exterior Basement Entry
  • Sump Pump

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • RV or Boat Parking

Outdoor Features

  • Spa
  • Deck
  • Enclosed Patio or Porch

Schools

  • Waverly/Shell Rock Elementary And Middle School
  • Waverly/Shell Rock High School

Farming

  • Barn
  • Timber

Utilities

  • Central Air
  • Electric Air Filter
  • Vented Exhaust Fan
  • Geothermal Heating and Cooling
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank
  • Fiber Optics Available

Community Details

  • Hunting

Listing and Financial Details

  • Assessor Parcel Number 0917300017

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,207

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Parcel Number: 0917300017
  • Year Built: 1996
  • Property Sub-Type: Acres
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor, Laundry Room
  • ResoLotFeatures: Level, Secluded, Timber, Wooded
  • Lot Size Acres: 22.82
  • Road Frontage Type: Circle Drive, Gravel
  • Road Surface Type: Gravel
  • Co List Office Phone: 319-232-7100
  • MLS Status: Closed
  • Architectural Style: Multi-Level
  • Reso Fireplace Features: Living Room, Wood Burning Stove
  • Reso Interior Features: Vaulted Ceiling(s), Ceiling Fan/Light, Solid Surface Counters, Fiber Optic, Pantry, Pocket Doors, Skylight(s), Sliding Glass Door, Track Lighting, Wet Bar, Hardwood Floors
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 3870
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Built-In Oven, Built-In Range, Dishwasher, Double Oven, Dryer, Electric Air Filter, Microwave, Sump Pump, Refrigerator, Vented Exhaust Fan, Washer, Electric Water Heater, Water Softener, Water Softener Owned
  • Basement: Block, Entrance-Outside, Partially Unfinished
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1300
  • BelowGradeArea: 1596

Exterior Features

  • Construction Type: Cedar
  • Exterior Features: Barn(s), Deck, Fruit Trees, Garden, Hot Tub, Hunting on or Near, Landscaping, Porch-4 Season, Porch-Enclosed, RV Parking

Garage/Parking

  • Parking Features: 2 Stall, Attached Garage, Garage Door Opener, Workshop in Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Geothermal
  • Heating: Geothermal
  • Sewer: Septic Tank
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Waverly/Shell Rock
  • High School: Waverly/Shell Rock
  • Middle Or Junior School: Waverly/Shell Rock

Lot Info

  • Zoning: R-S
  • Lot Dimensions: Acreage
  • Lot Size Sq Ft: 684763
  • Additional Parcels: Yes

Tax Info

  • Tax Annual Amount: 5206.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2007
Sold by
Shaffer Margy Modahl and Shaffer William J
Bought by
Watson Stephen R and Watson Peggy J
Current Estimated Value
$575,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Watson Stephen R $395,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Lucas A $119,000
Open Cook Lucas A $499,500
Closed Cook Lucas A $55,500
Closed Watson Stephen R $191,000
Closed Watson Stephen R $225,000
Previous Owner Shaffer William J $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $555,000 -4.3% $143 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
06/13/2021 06/13/21 For Sale $579,900 -- $150 / Sq Ft
Source: Northeast Iowa Regional Board 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 $6,136 $530,870 $153,600 $377,270
2023 $5,444 $536,960 $98,150 $438,810
2022 $5,098 $439,290 $84,500 $354,790
2021 $5,160 $420,510 $84,500 $336,010
2020 $5,160 $393,240 $71,000 $322,240
2019 $5,162 $397,080 $0 $0
2018 $4,990 $393,170 $0 $0
2017 $4,990 $392,050 $0 $0
2016 $5,608 $392,050 $0 $0
2015 $5,608 $366,400 $0 $0
2014 $5,384 $366,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20212655

Northeast Iowa Regional Board of REALTORS®

APN: 09-17-300-017