NOT LISTED FOR SALE

1508 W Lincoln Way Marshalltown, IA 50158

Estimated Value: $669,000 - $897,000

4 Beds
5.5 Baths
5,489 Sq Ft
$138/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $637,500 $116 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,100/month

6 Days on Market

Highlights

  • 14.13 Acre Lot
  • 2 Fireplaces
  • 2 Car Attached Garage
  • Main Floor Bedroom
  • No HOA
  • Library

About This Home

As of September 2021

Privacy, luxury & the kind of amenities you might expect at a 5 star resort. Once you walk through the impressive walnut entryway & into the grand foyer, your ultimate “staycation” begins. This stunning executive estate is nestled on 14.13 acres of picturesque land. The property combines the charm & character of the original architecture while adding the modern touches & amenities that you desire in a luxury home. Luxury amenities such as an indoor pool with a kitchenette, sauna & his/hers dressing rooms, multiple outdoor entertaining areas surrounded by gorgeous landscaping & a chef's kitchen with stainless steel appliances & custom cabinetry. The luxury extends to the horse barn that has never been occupied by horses. Rather, it has been used as an event venue & yet another entertaining space. This home provides an easy commute to Ames/ISU & is only 45 minutes to the State Capitol Complex in Des Moines. The convenience of a suburb & the luxury of a private estate awaits you.

Last Agent to Sell the Property

Brenda Olson

Realty One Group Impact Listed on: 06/16/2021

Realty One Group Impact

Last Buyer's Agent

Chris Betts

Re/Max Real Estate Center

Re/Max Real Estate Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,154

Year Built

  • Built in 1967

Lot Details

  • 14.13 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 5,489 Sq Ft Home
  • 1.5-Story Property
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Library
  • Partially Finished Basement

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Utilities

  • Forced Air Heating and Cooling System
  • Private Sewer

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,154

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: 34-84-18 LOT 4/1/2 & E 20' LOT 3/1/2 EX LINCOLN TOWER DR NW SW & BEG SE COR LOT 4/1/2 NW SW S 496' S 82 DEG 0 MIN W 353' N 31 DEG 44 MIN W 137.44' N 2 DEG 44 MIN W 431.03' TO S LINE LOT 3/1/2 NW SW S
  • Municipality: Marshalltown
  • Section Number: 34
  • Year Built: 1967
  • OFFICELIST_ADDRESS: 1508 W Lincoln Way
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2021-06-21
  • List Office I D: 2767
  • Sales Office I D: 124
  • Selling Agent: 4403
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Way
  • Building Style: 1.5 Story
  • Bedroom 1 Level: Main
  • Family Room Characteristics: Lower Level
  • Special Features: None
  • Stories: 1

Interior Features

  • Common Walls: No
  • Flooring: Carpet, Tile
  • Fireplaces: 2
  • Bedrooms: 4
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: (4th) Bedroom
  • Total Bathrooms: 6
  • Basement: Partial Finished
  • Half Bathrooms: 1
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Room 1: Library
  • Main Floor Sq Ft: 5489
  • Price Per S Q F T: 116.14
  • Above Grade Finished Sq Ft: 5489
  • Below Grade Finished Sq Ft: 500
  • Fireplace Chars: Gas Burning, Wood Stove
  • Fireplace: Yes
  • Room Types: Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Bedroom 1, Bedroom 4, Kitchen, Living Room, Bedroom 2, Bedroom 3
  • Three Quarter Bathrooms: 3
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Bedroom 4 Level: Lower
  • Dining Room Level: Main
  • Extra Room1 Level: Main
  • Family Room Level: Lower
  • Living Room Level: Main

Exterior Features

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Brick/Stone, Wood
  • Pool: Indoor
  • Roof: Shake

Garage/Parking

  • Description: Attached Garage
  • Fuel: Oil

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 2
  • Heating: Forced Air
  • Sewer: Private Sewer
  • Water: City Water/Connected

Condo/Co-op/Association

  • Association Fee YN: No

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Marshalltown
  • School District Number: 4104
  • School District Phone: 641-754-1000

Lot Info

  • New Develop: No
  • Acres: 14.13
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Size Sq Ft: 615590
  • Lot Size Units: Acres

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Tax Info

  • Tax With Assessments: 11154
  • Tax Year: 2020
  • Gross Taxes: 11154

MLS Schools

  • School District: 4104 - Marshalltown
  • School District Name: Marshalltown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Aug 15, 2021
Sold by
Barr Paul A and Barr Carrie G
Bought by
Zesch Colt and Zesch Emily
Seller's Agent
Brenda Olson
Realty One Group Impact
Buyer's Agent
Chris Betts
Re/Max Real Estate Center
List Price
$664,800
Sold Price
$637,500
Premium/Discount to List
-$27,300
-4.11%
Current Estimated Value
$757,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,953
Avg. Annual Appreciation
4.26%
Original Mortgage
$652,162
Outstanding Balance
$598,569
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$152,264

Purchase Details

Closed on
May 24, 2021
Sold by
Powers Michael J and Powers Peggy J
Bought by
Barr Carrie G and Barr Paul A

Purchase Details

Listed on
Nov 1, 2012
Closed on
Apr 3, 2013
Sold by
Allen Karen S
Bought by
Barr Paul A and Barr Carrie G
Seller's Agent
Janet Miller
Century 21 Signature Real Estate
List Price
$743,000
Sold Price
$430,000
Premium/Discount to List
-$313,000
-42.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$320,000
Interest Rate
3.6%
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
Zesch Colt $637,500 Barnett Ross F
Barr Carrie G $160,000 None Available
Barr Paul A -- None Available
Barr Paul A $430,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zesch Colt $652,162
Closed Zesch Colt $652,162
Previous Owner Barr Paul A $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $637,500 -4.1% $116 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $664,800 +54.6% $121 / Sq Ft
04/12/2013 04/12/13 Sold $430,000 -42.1% $78 / Sq Ft
02/16/2013 02/16/13 Pending -- -- --
11/01/2012 11/01/12 For Sale $743,000 -- $135 / 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 $11,008 $622,570 $81,460 $541,110
2023 $14,074 $622,570 $81,460 $541,110
2022 $11,712 $640,950 $70,960 $569,990
2021 $11,440 $526,040 $70,960 $455,080
2020 $11,642 $493,980 $70,960 $423,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6012576

NoCoast MLS

APN: 8418-34-304-008