NOT LISTED FOR SALE

1405 Grade Lake Dr Osceola, IA 50213

Estimated Value: $799,000 - $1,414,000

5 Beds
3.5 Baths
3,216 Sq Ft
$354/Sq Ft Est. Value

Last Sold June 21, 2023

Last sale price $1,239,602 $385 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $7,278/month

19 Days on Market

Highlights

  • 22.7 Acre Lot
  • 1-Story Property
  • Geothermal Heating and Cooling
  • 1 Fireplace
  • Central Air

About This Home

As of June 2023

Amazing quality built acreage property! Includes 22.7 acres, 2 outbuildings, stocked pond w/ dock and beach, large deck with great views and lots of wildlife! 5 bedroom, 3.5 bath walkout ranch with over 5,400 SF of finish plus 4+ car attached & 1 car detached garage. Spacious kitchen w/ lots of cabinet space, walk-in pantry, and appliances stay. Vaulted ceilings in the great room w/ gas fireplace w/ built-ins. Primary suite has access to the deck, bath with heated floors, jetted tub, walk in tile shower w/ 2 shower heads & jet massagers, walk in closet with island. Main level also boasts: Pergo floors, first floor laundry, exercise room, office w/ French glass doors, sunroom. Lower level includes 3 more bedrooms, a large family room w/ wet bar/kitchenette, theater room, extra bonus room, and 2nd washer/dryer stay, and great storage. Other features: geothermal, amazing front porch, solid core doors, Pella windows (w/ blinds), new roof, and hot water heater.

Last Listed By

Matt Adams

Peoples Company Listed on: 04/07/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,128

Year Built

  • Built in 2005

Lot Details

  • 22.7 Acre Lot
  • Property is zoned Agriculture

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,216 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Central Air
  • Geothermal Heating and Cooling

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,128

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Farm, Other, Recreational
  • Accessible: Other
  • Legal Description: N 3/4 SW SW (EX. E 7 AC.) - Exact legal description to be taken from Abstract.
  • Municipality: Osceola
  • Year Built: 2005
  • House Or Land: Includes House
  • Stories: 1 Story
  • OFFICELIST_ADDRESS: 1405 Grade Lake Drive
  • Distribute To Internet: Yes
  • List Office I D: 909
  • Sales Office I D: 909
  • Selling Agent: 3691
  • Street Designation: Drive
  • Building Style: Single Family Residence
  • Special Features: None

Interior Features

  • Common Walls: No
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Bedrooms: 5
  • Total Bathrooms: 4
  • Basement: Walkout, Finished (Livable)
  • Half Bathrooms: 1
  • Price Per S Q F T: 385.45
  • Above Grade Finished Sq Ft: 3216
  • Below Grade Finished Sq Ft: 2180
  • Below Grade Total Sq Ft: 3216
  • Fireplace: Yes
  • Total Finished Sq Ft: 3216
  • Three Quarter Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Foundation Size: 5400

Garage/Parking

  • Fuel: Other

Utilities

  • Air Conditioner: Central, Geothermal
  • Heating: Geothermal, Other

Fee Information

  • Tax Class: FARM

Lot Info

  • Acres: 22.7
  • Geo Update Timestamp: 2023-04-07
  • Assessment Pending: No
  • Lot Size Sq Ft: 988812
  • Lot Size Units: Acres
  • Zoning: Agriculture

Tax Info

  • Tax Year: 2023
  • Gross Taxes: 11128
  • Net Taxes: 11128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2022
Sold by
Johnston Joseph P and Johnston Teri
Bought by
State Of Iowa
Total Days on Market
19
Current Estimated Value
$1,137,580

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
State Of Iowa $10,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnston Joseph P $290,410
Previous Owner Johnson Joseph P $319,300
Previous Owner Johnson Joseph P $340,000
Previous Owner Johnston Joseph P $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2023 06/21/23 Sold $1,239,602 +58.9% $385 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
04/12/2023 04/12/23 Price Changed $779,900 -99.9% $243 / Sq Ft
04/07/2023 04/07/23 For Sale $779,900,000 -- $242,506 / 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 $11,652 $706,380 $14,050 $692,330
2023 $11,820 $706,380 $14,050 $692,330
2022 $11,128 $629,010 $10,470 $618,540
2021 $10,036 $530,900 $12,420 $518,480
2020 $9,694 $530,900 $12,420 $518,480
2019 $9,212 $487,730 $0 $0
2018 $8,978 $487,730 $0 $0
2017 $8,978 $444,430 $0 $0
2016 $8,444 $444,430 $0 $0
2014 $7,800 $400,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6306837

NoCoast MLS

APN: 07334