$190,000
SOLD OCT 11, 2024

116 Pine Ridge Rd Melrose, IA 52569

2 Beds
1 Bath
1,052 Sq Ft
1.2 Acres

Recently Sold

$181 Per Sq Ft

10% Below List Price

60 Days on Market

Highlights

  • Lake View
  • 1 Car Detached Garage
  • Dining Room
  • Main Floor Bedroom
  • Living Room
  • Wood Siding

About This Home

As of March 2025

Located ½ mile from Rathbun Lake, in the former Wind-N-Waves subdivision, sits this beautiful 1,200 sqft, cedar, A-frame home. This remodeled home features all new interior finishes! The flooring, cedar paneling, heating & air conditioning units, cabinets & so many more features are brand new! Step into the house you enter the semi-open concept kitchen & living room. The kitchen has brand new hickory cabinets & a black walnut bar top. The entire South wall of the home is made of windows, allowing natural light into the vaulted living room while you look out over the expansive yard. The first bedroom & the bathroom are right off of the kitchen, making it convenient and accessible. In the bathroom lies the laundry hookups & the tankless water heater. In the loft you will find the second bedroom with sliding barn doors to allow privacy from the living space below. From the loft you are to look through the wall of windows out into the yard, surrounding scenery, & Rathbun Lake. Outside you will find a spacious deck, 20x24 garage, & plenty of space to host family and friends on the 1.2 +/- acre yard. The property sits on four lots, each with their own utilities, making it easy to build an additional workshop or boat storage. The former subdivision has been removed, but the sewer system is still in place & is controlled & maintained by Rathbun Northshore Corp & is $650/annually to remain connected. If you are looking for a place to get away or a remodeled home, give me a call today!

Last Agent to Sell the Property

Stephen Hanson

Hawkeye Farm Mgmt & Real Estat Listed on: 06/21/2024

Last Buyer's Agent

Stephen Hanson

Hawkeye Farm Mgmt & Real Estat Listed on: 06/21/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,382

Year Built

  • Built in 1972

Lot Details

  • 1.2 Acre Lot

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,052 Sq Ft Home
  • Living Room
  • Dining Room
  • Lake Views
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Utilities

  • Ductless Heating Or Cooling System
  • Rural Water
  • Private Sewer
  • Shared Sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,382

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Acreage
  • Accessible: None
  • Construction Status: Previously Owned
  • Legal Description: Lots 75, 74, 71 & 70 of Wind-N-Waves Estates subdivision in SE 1/4 NE 1/4 of Section 4, Township 70 N, Range 19 W, Appanoose County, Iowa. Exact legal to come from abstract.
  • Year Built: 1972
  • OFFICELIST_ADDRESS: 116 Pine Ridge Road
  • Distribute To Internet: Yes
  • List Office I D: 837
  • Sales Office I D: 837
  • Selling Agent: 2307
  • Street Designation: Road
  • Building Style: Other (see remarks)
  • Bedroom 1 Level: Main
  • Special Features: None

Interior Features

  • Common Walls: No
  • Appliances: Range, Dishwasher, Refrigerator
  • Living Area Units: Square Feet
  • Bedrooms: 2
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: No
  • Bedroom 4: No
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • Dining Room: Dining Room
  • Family Room: No
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Price Per S Q F T: 180.61
  • Above Grade Finished Sq Ft: 1052
  • Fireplace: No
  • Total Finished Sq Ft: 1052
  • Bedroom 2 Level: Upper
  • Dining Room Level: Main
  • Living Room Level: Main

Exterior Features

  • Lake Waterfront: Lake View
  • Exterior: Wood
  • Foundation Size: 768
  • Lake Waterfront Name: Rathbun Reservoir
  • Roof: Metal

Garage/Parking

  • Description: Detached Garage, Driveway - Gravel
  • Fuel: Electric

Utilities

  • Air Conditioner: Ductless Mini-Split
  • Garage Stalls: 1
  • Heating: Ductless Mini-Split
  • Sewer: Private Sewer, Shared System
  • Water: Rural/Municipality

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 1.2
  • Geo Update Timestamp: 2024-06-21
  • Assessment Pending: No
  • Homestead Description: None
  • Lot Dimensions: 1.2 +/- Acres
  • Lot Size Sq Ft: 52272
  • Lot Size Units: Acres
  • Zoning: Residential-Single Family

Tax Info

  • Tax Year: 2023
  • Gross Taxes: 1382
  • Net Taxes: 1382

MLS Schools

  • School District: 4491 - Moravia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2025
Closed on
Mar 7, 2025
Sold by
Clark Theresa
Bought by
Bachmann Kevin and Bachmann Jane
Seller's Agent
Teresa Bieghler
Hawkeye Farm Mgmt & Real Estat
Buyer's Agent
Teresa Bieghler
Hawkeye Farm Mgmt & Real Estat
List Price
$220,000
Sold Price
$195,000
Premium/Discount to List
-$25,000
-11.36%
Views
26
Current Estimated Value
$184,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,535
Avg. Annual Appreciation
-14.30%

Purchase Details

Listed on
Jun 21, 2024
Closed on
Oct 11, 2024
Sold by
Straight Arrow Outfitters Llc
Bought by
Clark Theresa
Seller's Agent
Stephen Hanson
Hawkeye Farm Mgmt & Real Estat
Buyer's Agent
Stephen Hanson
Hawkeye Farm Mgmt & Real Estat
List Price
$210,000
Sold Price
$190,000
Premium/Discount to List
-$20,000
-9.52%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Source: Public Records

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Range of Values:

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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 $195,000 None Listed On Document
Warranty Deed $190,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $28,840 New Conventional
Previous Owner $58,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Sold $195,000 -11.4% $185 / Sq Ft
02/08/2025 02/08/25 Pending -- -- --
01/29/2025 01/29/25 For Sale $220,000 +15.8% $209 / Sq Ft
10/11/2024 10/11/24 Sold $190,000 -9.5% $181 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $210,000 0.0% $200 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $210,000 +94.4% $200 / Sq Ft
09/13/2022 09/13/22 Sold $108,000 +20.7% $103 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $89,500 -- $85 / Sq Ft
Source: NoCoast MLS

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 $1,334 $107,810 $18,460 $89,350
2023 $1,334 $107,810 $18,460 $89,350
2022 $1,124 $95,180 $15,380 $79,800
2021 $1,124 $91,580 $15,380 $76,200
2020 $946 $75,010 $15,400 $59,610
2019 $1,046 $73,150 $0 $0
2018 $1,060 $73,150 $0 $0
2017 $89,800 $62,380 $0 $0
2016 $876 $62,380 $0 $0
2015 $876 $62,860 $0 $0
2014 $866 $62,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6318590

NoCoast MLS

APN: 120172007190000