$132,500
SOLD JUN 1, 2020

16591 NE 42nd St Cambridge, IA 50046

2 Acres
$66,250 Price per Acre
87,120 Sq Ft Lot

Recently Sold

4% Below List Price

234 Days on Market

About This Lot

As of September 2020

Bring your choice of builder to this 2.37 acre lot that backs up to rolling fields! Located just 15 minutes from Ankeny and Ames on a hard surface road, the property is in the desirable North Polk school district. Lot has rural water and electricity at road. Looking for more land? Additional 2.13 acres adjacent to the north is also listed for sale; call today for more information!

Last Agent to Sell the Property

Lisa Leonard

RE/MAX REAL ESTATE CENTER License #S67419 Listed on: 09/13/2019

RE/MAX REAL ESTATE CENTER

Last Buyer's Agent

Member Non

CENTRAL IOWA BOARD OF REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,102

Lot Details

  • 2 Acre Lot
  • Lot Has A Rolling Slope
  • Property is zoned AG

Utilities

  • Rural Water

Listing and Financial Details

  • Assessor Parcel Number 21000570500002

Property Details

Property Type

Land

Est. Annual Taxes

$8,102

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 2.0
  • Road Surface Type: Hard Surface
  • Directions: From Hwy 210, turn south onto 585th Ave; travel 1 mile and property is located on the east side of the road.
  • Terrain:Rolling: Yes
  • Water:Rural: Yes
  • Utilities Available:Electric3: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Rolling

Utilities

  • Utilities: Electricity Available
  • Water Source: Rural

Schools

  • Junior High Dist: North Polk

Lot Info

  • Current Use: Crops
  • Lot Size Sq Ft: 103237.0
  • Parcel #: 21000570500002
  • Zoning: AG
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 87.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2019
Closed on
May 31, 2020
Sold by
Gsd Properties
Bought by
Genesis Homes Inc
Seller's Agent
Lisa Leonard
RE/MAX REAL ESTATE CENTER
Buyer's Agent
Member Non
CENTRAL IOWA BOARD OF REALTORS
List Price
$137,500
Sold Price
$132,500
Premium/Discount to List
-$5,000
-3.64%
Current Estimated Value
$593,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,639
Avg. Annual Appreciation
33.06%
Original Mortgage
$15,000,000
Interest Rate
3.3%
Mortgage Type
Construction
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 Type Sale Price Title Company
Warranty Deed $132,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $15,000,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold $415,500 +213.6% $231 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
06/01/2020 06/01/20 Sold $132,500 -68.1% --
06/01/2020 06/01/20 For Sale $415,500 +202.2% $231 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
09/13/2019 09/13/19 For Sale $137,500 -- --
Source: Central Iowa 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 $8,102 $510,000 $66,200 $443,800
2023 $7,780 $510,000 $66,200 $443,800
2022 $7,288 $413,800 $56,300 $357,500
2021 $84 $393,200 $56,300 $336,900
2020 $84 $2,970 $2,970 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 53019

APN: 210/00570-500-002