NOT LISTED FOR SALE

1640 Ward Ave Blue Grass, IA 52726

Estimated Value: $453,000 - $501,000

42 Acres
$11,357 Price per Acre
1,829,520 Sq Ft Lot

Last Sold January 15, 2019

Last sale price $375,000

Est. 27% increase in value since last sale

Current estimated payment $2,888/month

370 Days on Market

About This Lot

As of January 2019

If you are looking for an acreage with a lot to offer? DO NOT overlook the added income and tax benefits of owning a property like this. Crop rent, hunting, pasture rent and recreational ground with creek and springs. An over the top 104x50 bldg with 3 oversized overhead doors, 50x80 heated shop with a lg steel framed loft, 24x50 fully equipped office with kitchenette and bathroom. Bldg has its own septic, well and power and 1000 gal LP tank. On the south end of the property is a new private road leading to a very secluded wooded home or cabin bldg site with electric service at site. Lake and rolling scenic country views. Building has newer 2 bed 2 baths inside with covered patio and 2 car garage off the back. Shop walls are lined with 220 and 110 outlets. Could be a great location for a hobby farm or to start your own vineyard or kennel? Building could be great source of storage rental income with endless possibilities. Lots of wildlife. Please call before driving onto property.

Last Agent to Sell the Property

Robert Hilbert

Ruhl&Ruhl REALTORS DeWitt License #S43783000/475.136074 Listed on: 12/11/2017

Ruhl&Ruhl REALTORS DeWitt

Last Buyer's Agent

Molly White

First Choice Real Estate LLC License #S64045000/475.170778

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,248

Lot Details

Schools

  • Muscatine High School

Utilities

  • Well
  • Septic System

Property Details

Property Type

Land

Est. Annual Taxes

$2,248

Lot Details

0

Listing Details

  • Class: Lots/Acres/Farms
  • Type: Lots
  • Legal Description: Lengthy
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Range: R-I-E

Exterior Features

  • Road Access: Gravel, Private Road

Utilities

  • Water Sewer: Private Well, Septic System
  • Utilities Available: Propane Tank/Owned

Association/Amenities

  • Amenities: Barn(s), Garage, Machine Shed

Schools

  • High School: Muscatine
  • High School: Muscatine

Lot Info

  • Estimated Lot Size: 42 Acres
  • Lot Description: Lake View, Wooded, Pasture/Partial, Timber/Partial
  • Zoning: Agricultural
  • Cropshare Lease: Yes
  • Estimated Number of Acres: 42
  • Estimated Number Tillable Acres: 20
  • Geo Subdivision: IA

Tax Info

  • Annual Taxes: 2248
  • Parcel Id Number Tax Id: 100420014
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2020
Sold by
Scott Kevin W
Bought by
Kemper Jack A and Schmelzer Erin T
Current Estimated Value
$477,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Dec 11, 2017
Closed on
Jan 15, 2019
Sold by
Medema James Donald and Medema June Ellen
Bought by
Scott Kevin W
Seller's Agent
Robert Hilbert
Ruhl&Ruhl REALTORS DeWitt
Buyer's Agent
Molly White
First Choice Real Estate LLC
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%
Original Mortgage
$375,000
Interest Rate
4.7%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Kemper Jack A $375,000 None Available
Scott Kevin W $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kemper Jack Aj $586,000
Closed Kemper Jack A $360,000
Closed Kemper Jack A $56,250
Closed Kemper Jack A $300,000
Previous Owner Scott Kevin W $375,000
Previous Owner Medema James Donald $700,000
Previous Owner Medema James Donald $181,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2019 01/15/19 Sold $375,000 -6.2% --
12/16/2018 12/16/18 Pending -- -- --
12/11/2017 12/11/17 For Sale $399,900 +55.0% --
05/14/2013 05/14/13 Sold $258,000 -3.9% $112 / Sq Ft
04/08/2013 04/08/13 Pending -- -- --
01/18/2013 01/18/13 For Sale $268,500 -- $117 / Sq Ft
Source: RMLS Alliance

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 $3,468 $384,280 $44,380 $339,900
2023 $3,468 $261,235 $44,380 $216,855
2022 $2,750 $214,040 $33,150 $180,890
2021 $2,750 $176,500 $35,030 $141,470
2020 $3,298 $158,400 $35,170 $123,230
2019 $2,554 $174,170 $0 $0
2018 $2,476 $174,170 $0 $0
2017 $2,248 $179,350 $0 $0
2016 $2,264 $179,450 $0 $0
2015 $2,264 $184,350 $0 $0
2014 $2,264 $181,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4198632

RMLS Alliance

APN: 1004200014