$725,000
PENDING

2298 Terrace Ave Rippey, IA 50235

Estimated payment $4,729/month

Total Views 295
125 Acres
$5,800 Price per Acre
5,445,000 Sq Ft Lot

About This Lot

This is a unique timber tract located 3.5 miles SW of Rippey, 10 miles NW of Perry and 35 miles NW of Grimes. The closest intersection is 320th Street and Terrace Avenue, The land lies on the north-east side of the North Raccoon River. The property is roughly 3/4 mile north to south and 3/8 to 1/2 mile wide. It is mostly rolling timber but the SW corner is on the Raccoon River floodplain about 100 yards from the current stream; the river would extend onto the property in flood stage. This is a large stand of mature oak, hickory, walnut and other native Iowa species plus some open hay land at the north end. The access is from the north via a permanent easement through land that the owners will be retaining for the time being. Rural water and electric are available at the road and can be extended to the 125 acres if needed. The timber has not had any trees harvested that we know of. The Hanson family has owned the land since 1937. A copy of a timber evaluation was done in 2012 and is currently being updated. There are no heavily traveled lanes through the timber except the deer trails but the land can be walked without too much trouble. There is about 6 acres of hay land to the north end. This can be rented to the present tenant if desired but would make a nice home or cabin site. The timber to the west was a partial gift and sale sold by the owner in 2015 to Greene County Conservation. This land is well marked with county conservation boundary signs. Gross: 125 A m/l

Listing Agent

Mark Gannon

Gannon Real Estate & Consulting License #*** Listed on: 08/26/2024

Property Details

Property Type

  • Land

Lot Details

  • Property is zoned Agriculture,Forestry,Residential-Single Family

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Farm,Pasture and Timber,Recreational
  • Property Type: Farm
  • Co List Office Mls Id: NOC29386
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Fireplace: No

Condo/Co-op/Association

  • Association Name: RLIT

Lot Info

  • Lot Size Units: Acres
  • Lot Size Sq Ft: 5445000

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 671

Map

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

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $1 -100.0% --
08/26/2024 08/26/24 For Sale $725,000 -- --
03/04/2024 03/04/24 Pending -- -- --
Source: NoCoast MLS

Source: NoCoast MLS

MLS Number: NOC6320627

NoCoast MLS