$535,000
SOLD MAR 28, 2025

21364 40th St Martelle, IA 52305

4 Beds
3.5 Baths
3,264 Sq Ft
7.03 Acres

Recently Sold

$164 Per Sq Ft

3% Below List Price

84 Days on Market

Highlights

  • Great Room
  • Formal Dining Room
  • Breakfast Bar
  • No HOA
  • 2 Car Attached Garage
  • Patio

About This Home

As of March 2025

Welcome to Your Private Oasis!! This stunning 4-bedroom, 3.5-bath home offers over 3,200 square feet of meticulously designed living space, nestled on just over 7 serene, horse-friendly acres. A rare gem, this property combines modern updates with tranquil country living, making it the perfect retreat for anyone seeking peace and privacy. Some of the home’s many updates include a beautifully remodeled upper level, completely updated after the Derecho, reconfiguring the space to add a primary en-suite, a fourth bedroom, ample closet space, and a beautiful new staircase, as well as new trusses and a new roof with class 4 shingles, many new windows, new exterior doors and storm doors, new gutters, and new durable Diamond Kote prefinished LP SmartSide composite siding. Additional updates include all new kitchen appliances in 2021, new lighting and paint throughout, adding wood floors in one of the family rooms, adding ductwork to better heat/cool the original part of the home, and adding zoned heating and cooling (first and second floors on separate thermostats). The thoughtful redesign blends contemporary elegance with cozy charm, ensuring every space feels like home. Large windows throughout flood the interior with natural light while providing breathtaking views of the surrounding landscape. The main level layout is ideal for entertaining, with a spacious kitchen, formal dining room, and two inviting living areas. Upstairs the primary suite is a true sanctuary, featuring an en-suite bath with double sinks and plenty of room to unwind. Three additional bedrooms and 1 more full bath offer ample space for family and guests. Outside, this property truly shines. With over 7 acres to call your own, including four acres of fenced pasture, two acres of invisible dog fencing, a large barn with new siding and sliding doors (the metal for the roof is on site, but not installed yet), two oversized horse stalls and plenty of storage, the possibilities are endless. In addition, the entire septic system was replaced 12/2024 with a new Coco Biofilter system to bring it up to code for a 4 bedroom home. Whether you dream of raising horses, gardening, or simply enjoying the wide-open spaces, this land is ready for you. End each day soaking in the picturesque sunsets from your patio, surrounded by the peace of your own little slice of heaven. Don’t miss this extraordinary opportunity to own a piece of the countryside! Schedule your private showing today.

Last Agent to Sell the Property

Jill Hartke

Century 21 Signature Real Estate Listed on: 12/07/2024

Century 21 Signature Real Estate

Co-Listed By

Halea Hartke

Century 21 Signature Real Estate

Last Buyer's Agent

Ryan Barner

BARNER REALTY & AUCTION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,306

Year Built

  • Built in 1900

Lot Details

  • 7.03 Acre Lot
  • Electric Fence

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Siding

Interior Spaces

  • 3,264 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Family Room
  • Formal Dining Room
  • Partial Basement

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1315400008

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,306

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Electric
  • ResoLaundryFeatures: Main Level
  • Lot Size Acres: 7.03
  • NAV29_Unit_1_Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Co List Office Mls Id: CC21S
  • Co List Office Phone: 515-639-9787
  • Co List Office Phone: 515-639-9787
  • MLS Status: Closed
  • Directions: County Home Rd, turn right on CR-E34, left on N Military Rd, left on CR-E45, right on White Oak Rd, left on 40th St
  • Above Grade Finished Sq Ft: 3264.0
  • Architectural Style: Two Story
  • Reso Interior Features: Breakfast Bar, Dining Area, Separate/Formal Dining Room, Bath in Primary Bedroom, Upper Level Primary
  • Unit Levels: Two
  • New Construction: No
  • ResoRoomType: Family Room, Great Room, Laundry
  • Year Built: 1900
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Construction Type: Composite Siding, Frame
  • Exterior Features: Fence
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Heated Garage, Garage Door Opener

Utilities

  • Utilities: Cable Connected
  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Lot Dimensions: 306,227
  • ResoLotSizeUnits: Acres
  • Parcel Number: 1315400008
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4306.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2024
Closed on
Mar 23, 2025
Sold by
Edward Kent James and Hingtgen Lisa
Bought by
Kaut Lyle and Kaut Kelly
Seller's Agent
Jill Hartke
Century 21 Signature Real Estate
Buyer's Agent
Ryan Barner
BARNER REALTY & AUCTION
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Views
135
Current Estimated Value
$587,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,394
Avg. Annual Appreciation
-7.49%

Purchase Details

Listed on
Sep 3, 2019
Closed on
Nov 7, 2019
Sold by
Burrack Cole J and Burrack Kara L
Bought by
Kent James E and Kent Lisa A
Seller's Agent
Michael McDonough
McDonough Real Estate
List Price
$289,900
Sold Price
$299,900
Premium/Discount to List
$10,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%
Original Mortgage
$59,900
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2015
Closed on
Nov 7, 2015
Sold by
Thole Luke A and Thole Katie L
Bought by
Burrack Cole J W and Burrack Kara L
Seller's Agent
Michael McDonough
McDonough Real Estate
Buyer's Agent
Michael McDonough
McDonough Real Estate
List Price
$264,900
Sold Price
$264,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%
Original Mortgage
$211,920
Interest Rate
3.8%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $535,000 None Listed On Document
Warranty Deed $300,000 --
Warranty Deed $265,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $59,900 New Conventional
Previous Owner $42,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $211,920 New Conventional
Previous Owner $25,000 New Conventional
Previous Owner $161,500 New Conventional
Previous Owner $84,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $535,000 -2.7% $164 / Sq Ft
03/01/2025 03/01/25 Pending -- -- --
12/07/2024 12/07/24 For Sale $550,000 +83.4% $169 / Sq Ft
11/08/2019 11/08/19 Sold $299,900 +3.4% $92 / Sq Ft
09/22/2019 09/22/19 For Sale $289,900 0.0% $89 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
09/07/2019 09/07/19 Pending -- -- --
09/03/2019 09/03/19 For Sale $289,900 +9.4% $89 / Sq Ft
11/12/2015 11/12/15 Sold $264,900 0.0% $84 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $264,900 -- $84 / Sq Ft
Source: Cedar Rapids 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 $4,174 $340,110 $72,540 $267,570
2023 $4,174 $340,110 $72,540 $267,570
2022 $3,826 $275,460 $67,700 $207,760
2021 $3,826 $275,460 $67,700 $207,760
2020 $3,666 $256,590 $67,700 $188,890
2019 $2,716 $255,890 $67,700 $188,190
2018 $2,572 $185,190 $51,710 $133,480
2017 $2,492 $185,190 $51,710 $133,480
2016 $2,442 $177,740 $51,710 $126,030
2015 $2,442 $177,740 $51,710 $126,030
2014 $2,494 $174,540 $53,180 $121,360
2013 $2,400 $174,540 $53,180 $121,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2408262

Cedar Rapids Area Association of REALTORS®

APN: 13-15-400-008