NOT LISTED FOR SALE

163 Cottage Ln Montezuma, IA 50171

Estimated Value: $321,000 - $424,000

2 Beds
1 Bath
900 Sq Ft
$415/Sq Ft Est. Value

Last Sold September 14, 2012

Last sale price $128,000 $142 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $2,252/month

2 Days on Market

Highlights

  • Lake Front
  • Ranch Style House
  • Forced Air Heating System

About This Home

As of September 2012

Cute & cozy rustic small cabin on a lakefront lot with mature trees. 1 bedroom plus a loft bedroom.Nice area of the lake, not too far from pavement. Deep water. Screened in porch. Fire pit and landscaped.Newer appliances. Seller to take dock and lift. Take a look!

Last Agent to Sell the Property

Shirley Lillie

Tompkins Town & Country Realty Listed on: 08/05/2012

Last Buyer's Agent

Connie Durr

Patriot Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,120

Year Built

  • Built in 1972

Lot Details

  • 9,269 Sq Ft Lot
  • Lake Front

Home Design

  • 900 Sq Ft Home
  • Ranch Style House
  • Asphalt Shingled Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,120

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Copyright Remarks: Yes
  • Municipality: Montezuma
  • Year Built: 1972
  • OFFICELIST_ADDRESS: 163 cottage Lane
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2012-08-05
  • List Office I D: 408
  • M L Number Foreign: MIR34016293
  • Sales Office I D: 565
  • Selling Agent: 1900
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Lane
  • Building Style: Ranch
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Bedrooms: 2
  • Bedroom 1: No
  • Bedroom 2: No
  • Bedroom 3: No
  • Bedroom 4: No
  • Total Bathrooms: 1
  • Basement: Other
  • Dining Room: No
  • Family Room: No
  • Kitchen: No
  • Living Room: No
  • Price Per S Q F T: 142.22
  • Above Grade Finished Sq Ft: 900
  • 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

Exterior Features

  • Lake Waterfront: Lake Front
  • Waterfront Present: Yes
  • Roof: Asphalt Shingles

Utilities

  • Air Conditioner: Wall
  • Heating: Forced Air
  • Sewer: None
  • Water: City Water/Connected

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Montezuma

Lot Info

  • New Develop: No
  • Acres: 0.21
  • Lot Dimensions: 9269
  • Lot Size Sq Ft: 9269
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

MLS Schools

  • School District: 4437 - Montezuma
  • School District Name: Montezuma

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2012
Closed on
Sep 14, 2012
Sold by
Frantzen Matthew D
Bought by
Bailey Michael H and Bailey Carolyn S
Seller's Agent
Shirley Lillie
Tompkins Town & Country Realty
Buyer's Agent
Connie Durr
Patriot Realty
List Price
$135,000
Sold Price
$128,000
Premium/Discount to List
-$7,000
-5.19%
Current Estimated Value
$373,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,830
Avg. Annual Appreciation
8.11%
Original Mortgage
$115,200
Outstanding Balance
$81,087
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$272,393
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
Bailey Michael H $128,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Michael H $115,200
Previous Owner Frantzen Matthew D $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2012 09/14/12 Sold $128,000 -5.2% $142 / Sq Ft
08/07/2012 08/07/12 Pending -- -- --
08/05/2012 08/05/12 For Sale $135,000 -- $150 / 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 $3,120 $309,590 $202,130 $107,460
2023 $2,802 $309,590 $202,130 $107,460
2022 $2,826 $233,040 $153,040 $80,000
2021 $2,826 $219,850 $144,380 $75,470
2020 $2,402 $184,950 $121,280 $63,670
2019 $2,148 $184,950 $121,280 $63,670
2018 $2,084 $160,350 $101,060 $59,290
2017 $1,776 $157,530 $101,060 $56,470
2016 $1,750 $134,210 $92,400 $41,810
2015 -- $134,210 $92,400 $41,810
2014 -- $126,990 $85,180 $41,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5449906

NoCoast MLS

APN: 630-1946000