NOT LISTED FOR SALE

1617 Qq Ave Traer, IA 50675

Estimated Value: $142,000 - $299,000

9 Acres
$23,416 Price per Acre
392,040 Sq Ft Lot

Last Sold May 15, 2023

Last sale price $190,000

Est. 6% decrease in value since last sale

Current estimated payment $1,086/month

26 Days on Market

About This Lot

As of May 2023

Hard to find 9 acre rural building lot within 35 minutes of Waterloo/Cedar Falls. This is the opportunity to build your dream acreage. Comes with 54'x80'x14' post frame steel utility building with all new steel and overhead doors in 2022. Only 1 mile from Traer, in North Tama school district. Rural water access on property. Possibilities are endless, build a home, build a pond, have horses or other hobby livestock. Use the pole building for storage or could be a great shop for a car enthusiast. Enjoy country living yet be close to work and big town amenities.

Last Agent to Sell the Property

Blake Wayson

Huff Land Company License #S70725000 Listed on: 02/17/2023

Last Buyer's Agent

Blake Wayson

Huff Land Company License #S70725000 Listed on: 02/17/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,006

Lot Details

  • 9 Acre Lot
  • Property is zoned R-R

Schools

  • North Tama High School

Listing and Financial Details

  • Assessor Parcel Number 0702200001

Property Details

Property Type

Land

Est. Annual Taxes

$1,006

Lot Details

0

Listing Details

  • Total Assessed Value: 65960
  • Class: Land-Building Site
  • Flood: C/X - Not In Flood Plain
  • Gross Taxes: 1006
  • Legal Description: W 9 AC NW NE 02-85-14
  • Lot Dimensions: 9 acres
  • Lvt Date: 02/17/2023
  • Parcel Number: 0702200001
  • Type: Residential Lots-Rural
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Region: Outside The Metro Area

Utilities

  • Water Type: Rural Water

Schools

  • High School: North Tama
  • Senior High School: North Tama

Lot Info

  • Acres: 9
  • Lot Sq Ft: 392040
  • Zoning: R-R
  • Geo Subdivision: IA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
May 10, 2023
Sold by
Mcgarvey Edward P and Mcgarvey Sara B
Bought by
Gray Zane
Seller's Agent
Blake Wayson
Huff Land Company
Buyer's Agent
Blake Wayson
Huff Land Company
List Price
$212,500,000
Sold Price
$190,000
Premium/Discount to List
-$212,310,000
-99.91%
Views
67
Current Estimated Value
$179,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,604
Avg. Annual Appreciation
-3.46%
Original Mortgage
$150,000
Outstanding Balance
$98,009
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$77,586
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gray Zane $190,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Zane $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $190,000 -10.6% --
03/15/2023 03/15/23 Pending -- -- --
02/18/2023 02/18/23 Price Changed $212,500 -99.9% --
02/17/2023 02/17/23 For Sale $212,500,000 +314714.8% --
04/29/2022 04/29/22 Sold $67,500 -14.6% --
04/04/2022 04/04/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $79,000 +21.5% --
05/07/2021 05/07/21 Sold $65,000 -7.0% --
03/26/2021 03/26/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $69,900 -- --
Source: Northeast Iowa Regional Board of REALTORS®

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 $1,145 $88,850 $63,500 $25,350
2023 $764 $88,850 $63,500 $25,350
2022 $1,006 $65,960 $63,500 $2,460
2021 $1,038 $84,970 $46,800 $38,170
2020 $8 $82,880 $46,800 $36,080
2019 $870 $69,500 $0 $0
2018 $782 $69,500 $0 $0
2017 $782 $68,630 $0 $0
2016 $764 $68,630 $36,000 $32,630
2015 $738 $68,630 $36,000 $32,630
2014 $738 $68,090 $36,000 $32,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20230596

Northeast Iowa Regional Board of REALTORS®

APN: 07.02.200.001