NOT LISTED FOR SALE

165 Cottage Ln Montezuma, IA 50171

Estimated Value: $335,966 - $506,000

1 Bed
2 Baths
480 Sq Ft
$804/Sq Ft Est. Value

Last Sold August 24, 2017

Last sale price $185,000 $385 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,346/month

73 Days on Market

Highlights

  • Lake Front
  • Concrete Block With Brick
  • Wood Burning Fireplace
  • Ranch Style House

About This Home

As of August 2017

Check out this affordable lakefront cottage at Lake Ponderosa. 165 Cottage Lane. This home offers a fantastic view and location on the water, 2 bathrooms, wood burning fireplace, ample parking and many possibilities! Call for a private showing.

Last Agent to Sell the Property

Connie Durr

Patriot Realty Listed on: 06/12/2017

Last Buyer's Agent

Connie Durr

Patriot Realty Listed on: 06/12/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,626

Year Built

  • Built in 1971

Lot Details

  • 9,363 Sq Ft Lot
  • Lake Front

Home Design

  • Ranch Style House
  • Concrete Block With Brick
  • Asphalt Shingled Roof

Interior Spaces

  • 480 Sq Ft Home
  • Wood Burning Fireplace

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom

Utilities

  • Window Unit Cooling System
  • Propane
  • Sewer Holding Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,626

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Copyright Remarks: Yes
  • Legal Description: Per abstract - Unit 12 Lot 10 Lake Ponderosa.
  • Municipality: Montezuma
  • Year Built: 1971
  • OFFICELIST_ADDRESS: 165 Cottage Lane
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2017-06-12
  • List Office I D: 565
  • M L Number Foreign: MIR35013321
  • 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: Range, Microwave, Refrigerator
  • Fireplaces: 1
  • Bedrooms: 1
  • Bedroom 1: No
  • Bedroom 2: No
  • Bedroom 3: No
  • Bedroom 4: No
  • Total Bathrooms: 2
  • Basement: Concrete Block
  • Dining Room: No
  • Family Room: No
  • Kitchen: No
  • Living Room: No
  • Price Per S Q F T: 385.42
  • Above Grade Finished Sq Ft: 480
  • Below Grade Total Sq Ft: 480
  • Fireplace Chars: Wood Burning
  • 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: 1

Exterior Features

  • Lake Waterfront: Lake Front
  • Waterfront Present: Yes
  • Roof: Asphalt Shingles
  • Waterfront Frontage: 60

Garage/Parking

  • Fuel: Propane

Utilities

  • Air Conditioner: Window
  • Heating: Other
  • Sewer: Holding Tank

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Montezuma

Lot Info

  • New Develop: No
  • Acres: 0.22
  • Lot Dimensions: 60 ft. lake frontage, 45 ft. a
  • Lot Size Sq Ft: 9363
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Tax Info

  • Tax With Assessments: 1626.04
  • Gross Taxes: 1626

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2017
Closed on
Aug 23, 2017
Sold by
Peters Craig A and Peters Lysia L
Bought by
Pearson Scott and Pearson Melissa
Seller's Agent
Connie Durr
Patriot Realty
Buyer's Agent
Connie Durr
Patriot Realty
List Price
$224,900
Sold Price
$185,000
Premium/Discount to List
-$39,900
-17.74%
Current Estimated Value
$385,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,992
Avg. Annual Appreciation
8.72%
Original Mortgage
$166,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2010
Closed on
Oct 4, 2012
Sold by
Shutt Ronald L and Shutt Betty J
Bought by
Peters Craig A and Peters Lysia L
Seller's Agent
Shirley Lillie
Tompkins Town & Country Realty
Buyer's Agent
Shirley Lillie
Tompkins Town & Country Realty
List Price
$149,500
Sold Price
$110,000
Premium/Discount to List
-$39,500
-26.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.22%
Original Mortgage
$99,000
Interest Rate
3.53%
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
Pearson Scott -- None Available
Peters Craig A $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Scott N $161,000
Closed Pearson Scott $166,500
Previous Owner Peters Craig A $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2017 08/24/17 Sold $185,000 -17.7% $385 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $224,900 +104.5% $469 / Sq Ft
10/05/2012 10/05/12 Sold $110,000 -26.4% $115 / Sq Ft
08/25/2012 08/25/12 Pending -- -- --
10/27/2010 10/27/10 For Sale $149,500 -- $156 / 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 $2,960 $293,560 $204,050 $89,510
2023 $2,682 $293,560 $204,050 $89,510
2022 $2,450 $222,940 $154,500 $68,440
2021 $2,450 $190,560 $145,750 $44,810
2020 $2,078 $159,990 $122,430 $37,560
2019 $1,834 $159,990 $122,430 $37,560
2018 $1,812 $136,940 $102,030 $34,910
2017 $1,650 $136,940 $102,030 $34,910
2016 $1,626 $124,660 $93,280 $31,380
2015 -- $124,660 $93,280 $31,380
2014 -- $117,370 $85,990 $31,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5458953

NoCoast MLS

APN: 630-1945800