NOT LISTED FOR SALE

175 175th St Lisbon, IA 52253

Estimated Value: $385,000 - $1,391,984

254 Acres
$3,615 Price per Acre
11,064,240 Sq Ft Lot

Sale Details

Date Sold: November 13, 2020

Last sale price $2,025,000

Current estimated payment $5,408 / mo

7 Days on Market

Highlights

  • 254 Acre Lot
  • Machine Shed
  • Level Lot

About This Lot

As of November 2020

This is a nice 254-acre farm located southwest of Mechanicsville and includes 203.63 acres of highly productive farmland with a 83.70
CSR2. There is also a nice three-bedroom, one-bath, two-story farmhouse and outbuildings surrounded by pasture. The well is located
in the basement of the house. There is a second well in the west shed and a third well located 55' east of the house, both wells are
inactive. The septic tank is located north of the house. The status is unknown. The tenant reserves most portable sheds, creep feeders.
inner gates, head chute and other personal property.

Last Agent to Sell the Property

Troy Louwagie

HERTZ REAL ESTATE SERVICE Listed on: 07/14/2020

Last Buyer's Agent

Troy Louwagie

HERTZ REAL ESTATE SERVICE Listed on: 07/14/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,912

Lot Details

  • 254 Acre Lot
  • Level Lot

Farming

  • Machine Shed

Utilities

  • Propane
  • Well
  • Septic System

Property Details

Property Type

Land

Est. Annual Taxes

$10,912

Lot Details

254 Acres

Listing Details

  • Acres: 254.0000
  • City Name: Lisbon
  • Csr Average: 83
  • Current Zoning: AG
  • Gross Tax: 10912
  • House Yn: Yes
  • List User Cell Phone: 319-721-4068
  • Miscellaneous: Mach Shed
  • Net Tax: 10912
  • Property Sub Types: Development Land
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.94348
  • Ratio Close Price By Original Li: 0.94348
  • Water Sewer Roads: Septic System, Unpaved, Well Water
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Gentle Roll, Level

Exterior Features

  • Tillable Acres: 203.6300

Utilities

  • Utilities: Electric, Lp

Lot Info

  • Lot Size: 254 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Nov 13, 2020
Sold by
Barnhart Brothers Valley View Farm Llc
Bought by
Drake Margaret I and Margaret I Drake Revocable Trust
Seller's Agent
Troy Louwagie
HERTZ REAL ESTATE SERVICE
Buyer's Agent
Troy Louwagie
HERTZ REAL ESTATE SERVICE
List Price
$2,146,300
Sold Price
$2,025,000
Premium/Discount to List
-$121,300
-5.65%
Current Estimated Value
$918,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,106,754
Avg. Annual Appreciation
-13.55%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Drake Margaret I $1,012,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $2,025,000 -5.7% --
07/21/2020 07/21/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $2,146,300 -- --
Source: Cedar Rapids Area Association of REALTORS®

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
2025 $6,478 $373,920 $287,530 $86,390
2024 $6,478 $359,560 $235,230 $124,330
2023 $6,256 $353,110 $235,230 $117,880
2022 $5,924 $283,460 $184,910 $98,550
2021 $6,252 $283,460 $184,910 $98,550
2020 $3,000 $155,200 $66,420 $88,780
2019 $2,534 $157,910 $0 $0
2018 $2,446 $157,910 $0 $0
2017 $2,484 $181,370 $0 $0
2016 $2,498 $181,370 $0 $0
2015 $2,382 $176,060 $0 $0
2014 $2,280 $176,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2005162

Cedar Rapids Area Association of REALTORS®

APN: 0200-05-08-200-004-0

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