NOT LISTED FOR SALE

131 Cottage Ln Montezuma, IA 50171

Estimated Value: $446,000 - $554,000

1 Bed
1 Bath
842 Sq Ft
$607/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $500,000 $594 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,115/month

31 Days on Market

Highlights

  • Lake Front
  • Dining Room
  • Wood Siding
  • Living Room
  • Family Room

About This Home

As of July 2023

131 Cottage Lane Lake Ponderosa offered for sale. This lakefront cabin has an amazing lot and location. Just off the hard surface road with nearly 123 ft. of private lake frontage. This cabin is cute, neat and tidy and offers 1 bedroom, 1 bathroom with a loft sleeping area in addition. Notice the beautiful landscaping, fire pit area, two storage sheds and new dock and boat lift. This one won't last!

Last Agent to Sell the Property

Connie Durr

Patriot Realty Listed on: 06/13/2023

Last Buyer's Agent

Connie Durr

Patriot Realty Listed on: 06/13/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,870

Year Built

  • Built in 1974

Lot Details

  • 0.36 Acre Lot
  • Lake Front

Parking

  • Gravel Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 842 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Ductless Heating Or Cooling System
  • Rural Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,870

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Legal Description: LAKE PONDEROSA UNIT 11 N 1/2 LOT 36 & ALL 37
  • Municipality: Montezuma
  • Year Built: 1974
  • OFFICELIST_ADDRESS: 131 Cottage Lane
  • Distribute To Internet: Yes
  • List Office I D: 565
  • Sales Office I D: 565
  • Selling Agent: 1900
  • Street Designation: Lane
  • Building Style: 1.5 Story
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area Units: Square Feet
  • Bedrooms: 1
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: (4th) Bedroom
  • Total Bathrooms: 1
  • Basement: None
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Living Room: Living Room
  • Price Per S Q F T: 593.82
  • Above Grade Finished Sq Ft: 842
  • Total Finished Sq Ft: 842

Exterior Features

  • Lake Waterfront: Lake Front
  • Waterfront Present: Yes
  • Exterior: Wood
  • Lake Waterfront Name: Lake Ponderosa
  • Road Between Waterfront And Home: No
  • Waterfront Frontage: 123

Garage/Parking

  • Description: Driveway - Gravel
  • Fuel: Electric

Utilities

  • Air Conditioner: Ductless Mini-Split
  • Heating: Ductless Mini-Split
  • Water: Rural/Municipality

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.36
  • Geo Update Timestamp: 2023-06-14
  • Total Assessed Value: 319070
  • Assessment Pending: No
  • Homestead Description: None
  • Lot Dimensions: 122.80 feet lake frontage, 95 ft. at road.
  • Lot Size Sq Ft: 15682
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2021
  • Gross Taxes: 3870

MLS Schools

  • School District: 4437 - Montezuma

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Jul 12, 2023
Sold by
Strand Kurt D and Strand Renee
Bought by
Ewoldt Addison J and Ewoldt Kristin
Seller's Agent
Connie Durr
Patriot Realty
Buyer's Agent
Connie Durr
Patriot Realty
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%
Current Estimated Value
$511,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,288
Avg. Annual Appreciation
-1.77%
Original Mortgage
$400,000
Outstanding Balance
$391,601
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$89,428

Purchase Details

Listed on
May 9, 2013
Closed on
Sep 3, 2013
Sold by
Biedenbach Robert L and Biedenbach Doris J
Bought by
Matt Gary D and Matt Courtney L
Seller's Agent
Shirley Lillie
Tompkins Town & Country Realty
List Price
$210,000
Sold Price
$185,000
Premium/Discount to List
-$25,000
-11.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%
Original Mortgage
$148,000
Interest Rate
4.29%
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
Ewoldt Addison J $500,000 None Listed On Document
Matt Gary D $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ewoldt Addison J $400,000
Previous Owner Matt Gary D $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $500,000 +0.2% $594 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $499,000 +79.8% $593 / Sq Ft
05/18/2018 05/18/18 Sold $277,500 -2.6% $330 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $285,000 +54.1% $338 / Sq Ft
07/22/2013 07/22/13 Sold $185,000 -11.9% $175 / Sq Ft
07/22/2013 07/22/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $210,000 -- $198 / 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 $4,214 $418,100 $334,380 $83,720
2023 $3,838 $418,100 $334,380 $83,720
2022 $3,870 $319,070 $253,180 $65,890
2021 $3,870 $301,010 $238,850 $62,160
2020 $3,288 $253,140 $200,630 $52,510
2019 $2,770 $253,140 $200,630 $52,510
2018 $2,736 $206,760 $167,190 $39,570
2017 $2,508 $206,760 $167,190 $39,570
2016 $2,472 $189,570 $152,860 $36,710
2015 -- $189,570 $152,860 $36,710
2014 -- $177,630 $140,920 $36,710
Source: Public Records

Agents Affiliated with this Home

  • Connie Durr

    Seller's Agent in 2023

    Connie Durr

    Patriot Realty

    (641) 623-3458

    102 Total Sales

    Connie Durr
    Section Image

  • S

    Seller's Agent in 2013

    Shirley Lillie

    Tompkins Town & Country Realty

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Map

Source: NoCoast MLS

MLS Number: NOC6308746

NoCoast MLS

APN: 630-1933800

Iowa Poweshiek County Montezuma 50171

131 Cottage Ln, Montezuma, IA

This home is located at 131 Cottage Ln, Montezuma, IA 50171 since 13 June 2023 and is currently estimated at $511,288, approximately $607 per square foot. This property was built in 1974. 131 Cottage Ln is a home located in Poweshiek County with nearby schools including Montezuma Elementary School and Montezuma Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.

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