This 2 story, 4 bed, 3 bath country home is nestled just a 1/2 mile South of town on Ginkgo Ave. The exterior has just been painted. The flat part of the roof was replaced in '18 & the rest is wood shakes. The home has a great view to the East w/privacy, mature trees & several acres of pasture. The main floor has a large living, dining & kitchen, office/den, master bedroom 1 1/2 baths & laundry. The 2nd level features 3 bedrooms & 3/4 bath. There is a detached 2 car garage & 24x40' open frt livestock shed
Remarks: Seller will update septic system to code prior to closing. Property is serviced w/City water. 500 gal LP tank is owned by Home Gas w/Buyer to reimburse Seller for remaining LP in tank at closing (current market price). Seller to provide survey dividing acreage from farmland. Seller will install the fence between the acreage & remaining Palmer farm. Buyer will be responsible to maintain right hand rule of this fence. Buyer will be responsible for all other fence around the acreage. Seller has maintained this home to be in good working order. They realize that home needs cosmetic updates & are selling it in "As Is" condition. Water softner is owned but not currently using - not warranted. City water rights to be retained by Seller w/separate meter as permitted. Dishwasher & garbage disposal are new. Viewing: Showing Time
Year Built: 1910
Tax Year Report: 2017
Subdivision: Unknown
Directions: To Wellman on Hwy 22, then 1 mile South on Ginkgo
L O1 Dues Paid: y
S O1 Dues Paid: y
Amenities: None
Basement Remarks: Sump Pump
Fireplace Type Location: In Living Room, Other, Wood Burning
Interior R: Bookcases, Pull Down Attic Stairs
Kitchen Breakfast R: Kit/Dining Rm Comb
Lot Description R: 2-5 Acre
Possession R: At Closing
Possible Finance R: Cash, Conventional
Stories Style R: 2 Story
Remarks2: This 2 story, 4 bed, 3 bath country home is nestled just a 1/2 mile South of town on Ginkgo Ave. The exterior has just been painted. The flat part of the roof was replaced in '18 & the rest is wood shakes. The home has a great view to the East w/privacy, mature trees & several acres of pasture. The main floor has a large living, dining & kitchen, office/den, master bedroom 1 1/2 baths & laundry. The 2nd level features 3 bedrooms & 3/4 bath. There is a detached 2 car garage & 24x40' open frt livestock shed
Special Features: None
Property Sub Type: Detached
Stories: 2
Interior Features
Appliances: Dishwasher, Range/Oven, Refrigerator
Number Bedrooms Upper: 3
Number Bedrooms Main: 1
Sq Ft Above: 1668
Total Full Baths: 1
Total Half Baths: 1
Number of Main Level Half Bathrooms: 1
Bedrooms: 4
Total Bathrooms: 2
Dining Room Level: Main
Kitchen Level: Main
Living Room Level: Main
Laundry Location: Laundry Closet, Main
Mstr Br Level: Main
Mstr Br Width: 12
Number of Fireplaces: 2
Number of Main Level Full Bathrooms: 1
Exterior Features
Construction: Frame
ExteriorFeatures: Deck
Utilities
Internet: Yes
Water Sewer: City Water, Private Septic
Heating Cooling: Propane, Central, Forced Air
Schools
Elementary School: Mid Prairie
Middle School: Mid Prairie
High School: Mid Prairie
High School: Mid Prairie
Jr Middle School: Mid Prairie
Elementary School: Mid Prairie
Lot Info
Acreage: 4.6
Geo Subdivision: IA
Lot Dimensions: 4.6 acres m/l - irregular
Zoning: Ag Dwelling
Tax Info
Gross Tax County City: 2831
Assessor Parcel Number: 0124400008
Ownership History
DateNameOwned ForOwner Type
Jun 2020 - PresentGeno Joshua Lars and Geno Carrie5 Years and 2 Months
Private Individual
Purchase Details
Listed on
May 18, 2020
Closed on
Jun 22, 2020
Sold by
Madsen Timothy N and Madsen Angela M
Bought by
Geno Joshua Lars and Geno Carrie
Seller's Agent
Jessica Yoder
KALONA REALTY, INC.
Buyer's Agent
Hayley Hershberger
KALONA REALTY, INC.
List Price
$309,900
Sold Price
$309,900
Current Estimated Value
$428,087
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,187
Avg. Annual Appreciation
6.56%
Original Mortgage
$244,900
Outstanding Balance
$218,993
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$210,424
Oct 2019 - Jun 2020Madsen Timothy N and Madsen Angela M8 Months
Private Individual
Purchase Details
Listed on
Aug 8, 2019
Closed on
Oct 11, 2019
Sold by
Palmer James T and Palmer Ruth A
Bought by
Madsen Timothy N and Madsen Angela M
Seller's Agent
Junell Duwa
Edge Realty Group
Buyer's Agent
Jessica Yoder
KALONA REALTY, INC.
List Price
$250,000
Sold Price
$205,000
Premium/Discount to List
-$45,000
-18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Acreage! Just 15 minutes from Iowa City! Sweet Spot in the Country on just over an acre and a half. Turn of the century farmhouse set on a hillside with wood floors throughout, large rooms, and beautiful views. Main floor has formal dining and living rooms, along with a flex room that can be used as a bedroom or office. The second floor has three well-sized bedrooms. Washer and dryer stay, along
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax 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.
This home is located at 1388 Ginkgo Ave, Wellman, IA 52356 and is currently priced at $205,000, approximately $122 per square foot. This property was built in 1910. 1388 Ginkgo Ave is a home located in Washington County with nearby schools including Mid-Prairie High School.
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