116 Pine Ridge Rd Melrose, IA 52569
2
Beds
1
Bath
1,052
Sq Ft
1.8
Acres
Highlights
- Lake Front
- 2 Car Attached Garage
- Forced Air Heating and Cooling System
- Main Floor Bedroom
- Living Room
- Dining Room
About This Home
As of March 2025Located in the Wind-N-Waves subdivision 1 mile off paved Highway S70, this property offers a quiet setting with an A-Frame style home built in 1972 and a 24'x26' detached garage sitting on 6 spacious lots just 1/2 mile from a boat ramp at Rathbun Lake. With some TLC this diamond in the rough could become a great spot for a full-time home or weekend getaway in one of the best areas in the State of Iowa known for fishing, hunting, boating, camping, and many more recreational opportunities. Wind-N-Waves offers a public sewer system, and this area is serviced area is serviced by Rathbun Regional Water Association and Chariton Valley REC. Additional $500 annual dues paid by owner for mowing and road maintenance. This property is sold as-is, where is.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,226
Year Built
- Built in 1972
Lot Details
- 1.8 Acre Lot
- Lake Front
- Property fronts a private road
- 120172003900000,120172009830000
HOA Fees
- $42 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Asphalt Shingled Roof
Interior Spaces
- 1,052 Sq Ft Home
- 1.5-Story Property
- Living Room
- Dining Room
- Crawl Space
Bedrooms and Bathrooms
- 2 Bedrooms
- Main Floor Bedroom
- 1 Bathroom
Utilities
- Forced Air Heating and Cooling System
- Rural Water
- Private Sewer
Community Details
- Association Phone (563) 349-4135
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
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
-13.27%
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%
Similar Homes in Melrose, IA
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Home Values in the Area
Average Home Value in this Area
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
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
-
Teresa Bieghler
T
Seller's Agent in 2025
Teresa Bieghler
Hawkeye Farm Mgmt & Real Estat
(515) 240-6247
9 Total Sales
-
Stephen Hanson
S
Seller's Agent in 2024
Stephen Hanson
Hawkeye Farm Mgmt & Real Estat
(641) 799-2449
27 Total Sales
-
Ryan Ammons
Seller's Agent in 2022
Ryan Ammons
Hawkeye Farm Mgmt & Real Estat
(641) 777-2955
75 Total Sales
-
Nathan Ammons
Seller Co-Listing Agent in 2022
Nathan Ammons
Hawkeye Farm Mgmt & Real Estat
(641) 777-2861
127 Total Sales
Map
Source: NoCoast MLS
MLS Number: NOC6204749
APN: 120172007190000
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