NOT LISTED FOR SALE

172 Horseshoe Dr Montezuma, IA 50171

Estimated Value: $610,000 - $675,000

3 Beds
2 Baths
1,432 Sq Ft
$448/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $575,000 $402 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,801/month

37 Days on Market

Highlights

  • Lake Front
  • 1 Fireplace
  • 2 Car Detached Garage
  • Ranch Style House
  • Sun or Florida Room
  • Wet Bar

About This Home

As of March 2023

172 Horseshoe Drive Lake Ponderosa offered for sale. This lakefront home offers the hard to find flat level yard on the main lake with a whopping 94.51 feet of lake frontage. This 3 bed 2 bath home has many updates and a beautiful sun room facing the lake with a view straight down the West lake. This is a nice spacious home with and open floor plan with a detached 2 car garage, brand new aluminum dock, new appliances, beautiful sandy beach feature and more. Call for a showing and complete information! Priced to sell!!

Last Agent to Sell the Property

Connie Durr

Patriot Realty Listed on: 12/17/2022

Last Buyer's Agent

Paula Price

1st Rate Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,646

Year Built

  • Built in 1972

Lot Details

  • 0.26 Acre Lot
  • Lake Front

Home Design

  • Ranch Style House
  • Poured Concrete
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Wet Bar
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Rural Water

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,646

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Legal Description: LAKE PONDEROSA UNIT 10 LOT 73
  • Municipality: Montezuma
  • Year Built: 1972
  • Property Includes: New boat dock in 2022. Boat lift included. Jet ski lift reserved. Roof new in 2021, all kitchen appliances new in 2022.
  • OFFICELIST_ADDRESS: 172 Horseshoe Drive
  • Distribute To Internet: Yes
  • List Office I D: 565
  • Sales Office I D: 409
  • Selling Agent: 2542
  • Street Designation: Drive
  • Building Style: Ranch
  • Bedroom 1 Level: Main
  • Special Features: None

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: No
  • Total Bathrooms: 2
  • Basement: Walkout, Full, Finished (Livable), Poured Concrete
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Room 1: Sun Room
  • Room 2: Bar/Wet Bar Room
  • Main Floor Sq Ft: 1432
  • Price Per S Q F T: 401.54
  • Above Grade Finished Sq Ft: 1432
  • Above Grade Finished Sq Ft: 1432
  • Below Grade Finished Sq Ft: 1144
  • Below Grade Total Sq Ft: 1144
  • Fireplace: Yes
  • Total Finished Sq Ft: 1432
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Lower
  • Dining Room Level: Main
  • Extra Room1 Level: Main
  • Extra Room2 Level: Lower
  • Family Room Level: Lower
  • Living Room Level: Main

Exterior Features

  • Lake Waterfront: Lake Front
  • Waterfront Present: Yes
  • Exterior: Vinyl
  • Foundation Size: 1144
  • Lake Waterfront Name: Lake Ponderosa
  • Road Between Waterfront And Home: No
  • Roof: Age 8 Years or Less, Asphalt Shingles
  • Waterfront Frontage: 95

Garage/Parking

  • Description: Detached Garage, Driveway - Gravel
  • Fuel: Propane
  • Garage Sq Ft: 528

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 2
  • Heating: Forced Air
  • Water: Rural/Municipality

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.26
  • Geo Update Timestamp: 2022-12-17
  • Total Assessed Value: 392110
  • Assessment Pending: No
  • Homestead Description: Owner
  • Lot Dimensions: 94.51 lakeside, 59.64 roadside.
  • Lot Size Sq Ft: 11326
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2021
  • Gross Taxes: 4646

MLS Schools

  • School District: 4437 - Montezuma

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2022
Closed on
Mar 31, 2023
Sold by
Kusel Scott L
Bought by
Shibe Timothy L and Gile Christina L
Seller's Agent
Connie Durr
Patriot Realty
Buyer's Agent
Paula Price
1st Rate Real Estate
List Price
$589,000
Sold Price
$575,000
Premium/Discount to List
-$14,000
-2.38%
Views
18
Current Estimated Value
$607,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,932
Avg. Annual Appreciation
2.78%
Original Mortgage
$400,000
Outstanding Balance
$390,448
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$222,871
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
Shibe Timothy L $575,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gile Christina L $25,000
Open Shibe Timothy L $400,000
Previous Owner Kusel Scott L $168,000
Previous Owner Kusel Scott $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $575,000 -2.4% $402 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
12/17/2022 12/17/22 For Sale $589,000 -- $411 / 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 $5,320 $527,800 $287,200 $240,600
2023 $4,610 $527,800 $287,200 $240,600
2022 $4,646 $392,110 $217,460 $174,650
2021 $4,646 $369,910 $205,150 $164,760
2020 $4,024 $309,850 $172,320 $137,530
2019 $3,640 $309,850 $172,320 $137,530
2018 $3,594 $271,670 $143,600 $128,070
2017 $3,084 $271,670 $143,600 $128,070
2016 $3,042 $233,190 $131,290 $101,900
2015 -- $233,190 $131,290 $101,900
2014 -- $222,940 $121,040 $101,900
Source: Public Records

Agents Affiliated with this Home

  • Connie Durr

    Seller's Agent in 2023

    Connie Durr

    Patriot Realty

    (641) 623-3458

    105 Total Sales

    Section Image
  • Paula Price

    Buyer's Agent in 2023

    Paula Price

    1st Rate Real Estate

    (641) 751-1558

    206 Total Sales

    Section Image
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Map

Source: NoCoast MLS

MLS Number: NOC6304760

NoCoast MLS

APN: 630-1930100

Iowa Poweshiek County Montezuma 50171

172 Horseshoe Dr, Montezuma, IA

This home is located at 172 Horseshoe Dr, Montezuma, IA 50171 since 17 December 2022 and is currently estimated at $642,189, approximately $448 per square foot. This property was built in 1972. 172 Horseshoe Dr is a home located in Poweshiek County with nearby schools including Montezuma Elementary School and Montezuma Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NoCoast MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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