$140,000
SOLD OCT 31, 2024

2375 State Highway 2 Bedford, IA 50833

2 Beds
3 Baths
1,260 Sq Ft
5.06 Acres

Recently Sold

$111 Per Sq Ft

3% Below List Price

21 Days on Market

Highlights

  • 1 Fireplace
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Bedford Elementary School Rated A-
  • Living Room
  • Dining Room

About This Home

As of October 2024

Charming Renovation Opportunity on 5 Acres. Just 3 miles outside Bedford, off Hwy 2, seize the opportunity to own and renovate the John and Anna Bowers estate, a unique property with endless potential. This charming split-level home is nestled on 5 acres of picturesque countryside, featuring mature trees and stunning rural views. It's a rare find in this area, offering both tranquility and convenience. Built in 1966, This home offers the possibility of single-level living with its 2 bedrooms and 2 bathrooms on the main floor. The spacious basement provides a blank canvas for additional bedrooms, a recreation room, or whatever your imagination can dream up. Whether you're looking for a peaceful retreat or an exciting renovation project, this property is full of potential. The home is connected to rural water. If you're an adventurous buyer ready to create the home of your dreams, this is the perfect opportunity. Schedule a viewing and explore the possibilities that await.

Last Agent to Sell the Property

Alan Nicholas

Tri-N-Realty Listed on: 08/23/2024

Last Buyer's Agent

Alan Nicholas

Tri-N-Realty Listed on: 08/23/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,424

Year Built

  • Built in 1966

Parking

  • 1 Car Attached Garage

Home Design

  • Split Level Home
  • Vinyl Siding

Interior Spaces

  • 1,260 Sq Ft Home
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,424

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Legal Description: SWSE SW COR 20 68 33 CLAY BED RURAL RES *short legal see abstract for full legal*
  • Year Built: 1966
  • OFFICELIST_ADDRESS: 2375 STATE HWY 2
  • Distribute To Internet: Yes
  • List Office I D: 141
  • Sales Office I D: 141
  • Selling Agent: 1281
  • Building Style: Split Level
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Bedrooms: 2
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: (4th) Bedroom
  • Total Bathrooms: 3
  • Basement: Full
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Living Room: Living Room
  • Price Per S Q F T: 111.11
  • Above Grade Finished Sq Ft: 1260
  • Fireplace: Yes
  • Total Finished Sq Ft: 1260

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Description: Attached Garage, Driveway - Concrete
  • Fuel: Natural Gas, Propane

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 1
  • Heating: Forced Air
  • Sewer: Septic System
  • Water: Rural/Municipality

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Geo Update Timestamp: 2024-08-26
  • Assessment Pending: No
  • Homestead Description: Owner
  • Lot Dimensions: 5.06 acres
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2023
  • Gross Taxes: 1424
  • Net Taxes: 1424

MLS Schools

  • School District: 549 - Bedford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Oct 31, 2024
Sold by
Bowers John Keating
Bought by
Sleep Randal D and Sleep Denise M
Seller's Agent
Alan Nicholas
Tri-N-Realty
Buyer's Agent
Alan Nicholas
Tri-N-Realty
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Views
7
Current Estimated Value
$158,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,234
Avg. Annual Appreciation
15.69%
Original Mortgage
$200,000
Outstanding Balance
$51,150
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving
Estimated Equity
$107,084
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
Fiduciary Deed $120,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Credit Line Revolving
Closed $200,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $140,000 -3.4% $111 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
08/23/2024 08/23/24 For Sale $145,000 -- $115 / 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 $1,698 $149,280 $24,550 $124,730
2023 $1,424 $149,280 $24,550 $124,730
2022 $1,384 $105,810 $17,000 $88,810
2021 $1,384 $105,810 $17,000 $88,810
2020 $1,562 $110,570 $18,190 $92,380
2019 $1,610 $110,570 $18,190 $92,380
2018 $1,530 $110,570 $18,190 $92,380
2017 $1,428 $97,850 $0 $0
2016 $1,346 $97,850 $0 $0
2015 $1,384 $97,850 $0 $0
2014 $1,352 $97,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6320621

NoCoast MLS

APN: 001920400301000