$149,000
SOLD NOV 5, 2024

127 Valley Rd Montezuma, IA 50171

1 Bed
1 Bath
1,180 Sq Ft
0.31 Acres

Recently Sold

$126 Per Sq Ft

29% Below List Price

128 Days on Market

Highlights

  • Lake View
  • Living Room
  • Dining Room
  • 1 Fireplace
  • Forced Air Heating System
  • Family Room

About This Home

As of November 2024

Quaint cabin with a lake view, conveniently located across the road from a private 10' access, equipped with a dock and boat lift. With the original part of this house being built in 1976, this home is truly a part of the lakes history. Situated on a 1/3 acre back row lot, surrounded by mature trees and overlooking the lake, it is a cabin to call home. The original part of this home is 580 sf. Truly vintage, it offers vaulted ceilings over the main living area with a wood-burning stove, one bedroom, and the kitchen. There is a bathroom that uses a self-sustaining clivus system. (not a flushing toilet) Septic installation will be required after the sale. On the lake facing side of the home is a newly added (2020) unfinished addition, offering an additional 600sf of living space, ready to make your own and extends the total living area to 1180sf. It is surrounded by large windows overlooking the lake, and access to two newly finished decks on both the east and west sides of the house to enjoy the outdoors. The addition is positioned over a 400sf garage. Both the storage shed and fire pit are included. Home is sold in 'as is' condition.

Last Agent to Sell the Property

Jessie Talbert

McNaul Real Estate Inc Listed on: 05/11/2024

Last Buyer's Agent

Jessie Talbert

McNaul Real Estate Inc Listed on: 05/11/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,388

Year Built

  • Built in 1976

Lot Details

  • 0.31 Acre Lot

Home Design

  • Poured Concrete
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,180 Sq Ft Home
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Lake Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 1 Car Garage
  • Tuck Under Garage

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Rural Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,388

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Legal Description: LAKE PONDEROSA UNIT 20 LOT 64
  • Year Built: 1976
  • OFFICELIST_ADDRESS: 127 Valley Rd
  • Distribute To Internet: Yes
  • List Office I D: 477
  • Sales Office I D: 477
  • Selling Agent: 5439
  • Building Style: Raised Ranch
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Bedrooms: 1
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: (4th) Bedroom
  • Total Bathrooms: 1
  • Basement: Walkout, Partial, Poured Concrete
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Living Room: Living Room
  • Price Per S Q F T: 126.27
  • Above Grade Finished Sq Ft: 580
  • Above Grade Finished Sq Ft: 1180
  • Fireplace: Yes
  • Total Finished Sq Ft: 1180

Exterior Features

  • Lake Waterfront: Lake View
  • Waterfront Present: Yes
  • Exterior: Vinyl, Wood
  • Lake Waterfront Name: Lake Ponderosa
  • Road Between Waterfront And Home: Yes
  • Waterfront Frontage: 10

Garage/Parking

  • Description: Tuckunder Garage, Driveway - Concrete
  • Fuel: Electric

Utilities

  • Air Conditioner: Window
  • Garage Stalls: 1
  • Heating: Forced Air
  • Sewer: Other
  • Water: Rural/Municipality

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.31
  • Geo Update Timestamp: 2024-05-11
  • Assessment Pending: No
  • Homestead Description: None
  • Lot Dimensions: front- 147.35 rear-129.9 side 1-87.6 side 2-105.25
  • Lot Size Sq Ft: 13504
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Gross Taxes: 1388
  • Net Taxes: 1388

MLS Schools

  • School District: 4437 - Montezuma

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2024
Closed on
Nov 5, 2024
Sold by
Devore Larry G
Bought by
Erkamaa Matti
Seller's Agent
Jessie Talbert
McNaul Real Estate Inc
Buyer's Agent
Jessie Talbert
McNaul Real Estate Inc
List Price
$209,000
Sold Price
$149,000
Premium/Discount to List
-$60,000
-28.71%
Views
107
Current Estimated Value
$166,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,737
Avg. Annual Appreciation
15.39%
Original Mortgage
$157,600
Outstanding Balance
$156,995
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$6,770
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 $149,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $157,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2024 11/05/24 Sold $149,000 -23.6% $126 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
06/26/2024 06/26/24 Price Changed $195,000 -6.7% $165 / Sq Ft
05/11/2024 05/11/24 For Sale $209,000 -- $177 / 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 $1,574 $164,260 $83,700 $80,560
2023 $1,388 $156,200 $83,700 $72,500
2022 $1,400 $115,370 $58,370 $57,000
2021 $1,400 $108,840 $55,070 $53,770
2020 $1,074 $91,310 $46,260 $45,050
2019 $870 $82,740 $46,260 $36,480
2018 $860 $64,920 $35,240 $29,680
2017 $722 $64,920 $35,240 $29,680
2016 $712 $54,590 $27,620 $26,970
2015 -- $54,590 $27,620 $26,970
2014 -- $54,590 $27,620 $26,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6317270

NoCoast MLS

APN: 630-1520400