NOT LISTED FOR SALE

121 S Race St Cambridge, IA 50046

Estimated Value: $59,753 - $189,000

4 Beds
1 Bath
1,217 Sq Ft
$119/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $50,000 $41 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $814/month

122 Days on Market

About This Home

As of December 2021

Property is 2 parcels totaling 1 acre. A true diamond in the rough. By clearing off structures and adding fill, this 1 acre lot is viable for a new house, outbuildings, garden, boat/camper storage, and more. It's a couple minutes away from the newly paved Heart of Iowa Nature Trail, which connects to the High Trestle Bike Trail. If you have vision, the desire for elbow room, and like the idea of getting to Ames or Ankeny in 15 minutes, stop by and take a look.

Last Agent to Sell the Property

Laurie Culp

RE/MAX Precision Otter View Listed on: 08/08/2020

Last Buyer's Agent

Lloyd Flanders

RE/MAX REAL ESTATE CENTER License #S58137

RE/MAX REAL ESTATE CENTER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $344

Year Built

  • Built in 1890

Lot Details

  • 1 Acre Lot

Home Design

  • Stone Foundation
  • Masonite

Interior Spaces

  • 1,217 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 14-21-380-125

Home Details

Home Type

Single Family

Est. Annual Taxes

$344

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Directions: Hwy 210 east to 585th Ave, south to Cambridge. At the fork turn left, then left again on Center St. At the turn to the north it is Race St, property is on that bend of the street.
  • Above Grade Finished Sq Ft: 898.0
  • Architectural Style: 1 1/2 Story
  • Garage Yn: No
  • Year Built: 1890
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Water Heater:Gas: Yes
  • Foundation:Stone2: Yes
  • Exterior:Masonite: Yes
  • Special Features: None

Interior Features

  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Basement:None3: Yes

Exterior Features

  • Construction Type: Masonite
  • Foundation Details: Stone

Garage/Parking

  • General Information:Garage Type2: None

Utilities

  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Ballard

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 14-21-380-125
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
Dec 17, 2021
Sold by
Ray Blades Robert
Bought by
Martens Daniel R and Martens Paula S
Seller's Agent
Laurie Culp
RE/MAX Precision Otter View
Buyer's Agent
Lloyd Flanders
RE/MAX REAL ESTATE CENTER
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%
Current Estimated Value
$144,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,251
Avg. Annual Appreciation
29.09%
Original Mortgage
$40,000
Outstanding Balance
$32,449
Interest Rate
2.27%
Mortgage Type
New Conventional
Estimated Equity
$95,490
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 Buyer Sale Price Title Company
Martens Daniel R $4,950,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martens Daniel R $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2021 12/21/21 Sold $50,000 -9.1% $41 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $55,000 -- $45 / Sq Ft
Source: Central Iowa 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 $344 $20,400 $20,400 $0
2023 $1,056 $20,400 $20,400 $0
2022 $840 $53,000 $24,000 $29,000
2021 $760 $53,000 $24,000 $29,000
2020 $738 $46,300 $17,600 $28,700
2019 $738 $46,300 $17,600 $28,700
2018 $686 $43,400 $17,600 $25,800
2017 $686 $43,400 $17,600 $25,800
2016 $690 $41,300 $17,600 $23,700
2015 $690 $41,300 $17,600 $23,700
2014 $690 $40,100 $17,600 $22,500
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Laurie Culp

    RE/MAX

  • Lloyd Flanders

    Buyer's Agent in 2021

    Lloyd Flanders

    RE/MAX

    (515) 450-9890

    240 Total Sales

    Lloyd Flanders
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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 55649

APN: 14-21-380-125

Iowa Story County Cambridge 50046

121 S Race St, Cambridge, IA

This home is located at 121 S Race St, Cambridge, IA 50046 since 08 August 2020 and is currently estimated at $144,251, approximately $118 per square foot. This property was built in 1890. 121 S Race St is a home located in Story County with nearby schools including Ballard West Elementary School, Ballard East Elementary School, and Ballard Middle School.

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