Seller's Agent in 2024
Matt Adams
Peoples Company
(515) 745-3192
8 in this area
149 Total Sales
2464 220th St Guthrie Center, IA 50115
Guthrie County Neighborhood
74
Acres
$13,900
Price per Acre
3,223,440
Sq Ft Lot
About This Lot
As of August 2024Guthrie County, Iowa Farmland Auction - Mark your calendars for Friday, June 28th, 2024!
I'm pleased to represent the Hayes Family in the sale of 74 acres m/l of Guthrie County, Iowa farmland. The farmland is located 3 miles east of Guthrie Center, Iowa on Pecan Avenue and 220th Street. Situated in Section 4 of Valley Township, the farmland consists of approximately 70.15 FSA tillable acres with a CSR2 soil rating of 78.7, compared to the Guthrie County, Iowa average CSR2 soil rating of 63. The primary soil types include Sharpsburg silty clay loam, Judson silty clay loam, and Colo silty loam.
This farm has great natural drainage with a gentle slope starting in the northeast corner of the farm towards the west towards Brushy Creek. The farm has been leased for the 2024 crop season and the Buyer will assume the current cash rent lease and receive the payment of $8,575 due on December 1st, 2024. The south boundary line will be surveyed and marked prior to the auction as this tract has been farmed with the adjoining land to the south..
The balance of the farm consists of timber running along the western boundary that borders Brushy Creek, as well as an acreage in the northwest portion of the tract. Included with the tract is a 1.5-story home built in 1900, a few older outbuildings, and grain bins. The dwelling and outbuildings will be sold in “as-is, where-is” condition.
Visit our website for more information regarding this Auction!
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,689
Lot Details
- 74 Acre Lot
- Property is zoned Ag
Listing and Financial Details
- Assessor Parcel Number 0000924200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2024
Closed on
Aug 7, 2024
Sold by
Hayes Steven E and French Mary J
Bought by
Leif Investments Llc
Seller's Agent
Matt Adams
Peoples Company
Buyer's Agent
Matt Adams
Peoples Company
List Price
$1
Sold Price
$1,028,600
Premium/Discount to List
$1,028,599
102859900%
Total Days on Market
34
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$652,719
Avg. Annual Appreciation
-68.56%
Original Mortgage
$997,000
Outstanding Balance
$990,183
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$614,302
Purchase Details
Listed on
May 28, 2024
Closed on
Aug 6, 2024
Sold by
Hayes Wayne
Bought by
Leif Investments Llc
Seller's Agent
Matt Adams
Peoples Company
Buyer's Agent
Matt Adams
Peoples Company
List Price
$1
Sold Price
$1,028,600
Premium/Discount to List
$1,028,599
102859900%
Views
12
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,000
Outstanding Balance
$990,183
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$614,302
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Fiduciary Deed | $1,029,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $997,000 | New Conventional | |
| Closed | $997,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2024 08/14/24 | Sold | $1,028,600 | +102859900.0% | -- |
| 07/01/2024 07/01/24 | Pending | -- | -- | -- |
| 05/28/2024 05/28/24 | For Sale | $1 | -- | -- |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $1,736 | $100,500 | $67,500 | $33,000 |
| 2023 | $1,736 | $100,500 | $67,500 | $33,000 |
| 2022 | $1,478 | $75,200 | $50,100 | $25,100 |
| 2021 | $1,478 | $78,000 | $52,900 | $25,100 |
| 2020 | $1,330 | $73,300 | $49,300 | $24,000 |
| 2019 | $1,156 | $81,800 | $0 | $0 |
| 2018 | $1,114 | $81,800 | $0 | $0 |
| 2017 | $1,090 | $85,000 | $0 | $0 |
| 2016 | $1,090 | $85,000 | $0 | $0 |
| 2015 | $1,028 | $84,989 | $0 | $0 |
| 2014 | $960 | $84,989 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Adams
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 696173
APN: 0000924200
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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