NOT LISTED FOR SALE

208 40th Ave Runnells, IA 50237

Estimated Value: $174,000 - $296,000

18 Acres
$14,002 Price per Acre
794,534 Sq Ft Lot

Last Sold October 16, 2023

Last sale price $270,000 $181 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,556/month

185 Days on Market

Highlights

  • 18.24 Acre Lot
  • No HOA
  • Family Room
  • Traditional Architecture
  • Forced Air Heating and Cooling System

About This Lot

As of October 2023

Land for sale in Runnels Iowa Prairie City Monroe Community School District. 18.24 acres of land. There is a small pond. Two silo’s. A concrete foundation that might be able to be reused as there was a building on it for hogs. There is an old house on the property built in 1910. It’s a story and a half with 1,492 sq ft above grade. The basement area is 406 sq ft. The house could be torn down or renovated. The house has been taken down to the studs. Currently alfalfa is being harvested on about half of the property for about $1,000/yr income. The Des Moines River is less then a 1/4 mile down the road and has a boat launch Benington Boat Ramp. We will require anyone entering the home to sign a Hold Harmless waiver. Call today to make those arrangements.

Last Listed By

Ryan Rivera

Zealty Home Advisors Listed on: 04/07/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,624

Year Built

  • Built in 1910

Lot Details

  • 18.24 Acre Lot
  • Property is zoned Ag

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 1,492 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Carport
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2193600101

Property Details

Property Type

Land

Est. Annual Taxes

$1,624

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: 1.5 Story
  • Architecture: Traditional
  • Lp Amt Sq Ft: 194.30
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 180.97
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 1

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 406
  • Family Room: 1st Floor
  • Living Area Sq Ft: 1492
  • Total Sq Ft: 1492

Exterior Features

  • Exterior: Frame
  • Street Feature: Gravel

Garage/Parking

  • Driveway: Gravel
  • Garage: Carport

Utilities

  • Sewer: Septic
  • Water: City
  • Air Conditioner: Central
  • Heat: Electric Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Pcm (Prairie City-Monroe)

Lot Info

  • Acres: 18.2400
  • Lot Shape: Regular
  • Assessor Parcel Number: 2193600101
  • Zoning: Ag

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1624.03
  • Net Taxes: 1590.00
  • Tax Year: 23

MLS Schools

  • School District: Pcm (Prairie City-Monroe)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
Oct 12, 2023
Sold by
Stout William L and Stout Katherine Kay
Bought by
Montalvo Nancy and Montalvo Pedro
Seller's Agent
Ryan Rivera
Zealty Home Advisors
Buyer's Agent
Martin Castaneda
Uplift Realty
List Price
$375,000
Sold Price
$270,000
Premium/Discount to List
-$105,000
-28%
Total Days on Market
185
Views
275
Current Estimated Value
$255,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,599
Avg. Annual Appreciation
-3.55%

Purchase Details

Closed on
May 20, 2022
Sold by
Garber Vivian E
Bought by
Stout William L

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
Montalvo Nancy $270,000 None Listed On Document
Stout William L $90,000 Watson Phil
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garber Steven M $40,000
Previous Owner Garber Steven M $31,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $270,000 -6.9% $181 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
09/27/2023 09/27/23 Price Changed $289,900 -10.8% $194 / Sq Ft
08/10/2023 08/10/23 Price Changed $325,000 -7.1% $218 / Sq Ft
07/21/2023 07/21/23 Price Changed $350,000 -6.7% $235 / Sq Ft
04/07/2023 04/07/23 For Sale $375,000 -- $251 / Sq Ft
Source: Des Moines Area Association 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 $1,606 $122,210 $20,260 $101,950
2023 $1,606 $122,210 $20,260 $101,950
2022 $1,590 $101,960 $16,600 $85,360
2021 $1,590 $97,230 $16,600 $80,630
2020 $1,678 $99,616 $18,186 $81,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 670592

Des Moines Area Association of REALTORS®

APN: 2193600101