$400,000
SOLD JUL 22, 2016

2497 225th Trail Winterset, IA 50273

19 Acres
$21,311 Price per Acre
817,621 Sq Ft Lot

Recently Sold

$171 Per Sq Ft

10% Above List Price

59 Days on Market

Highlights

  • 18.77 Acre Lot
  • 1 Fireplace
  • No HOA
  • Ranch Style House
  • Mud Room
  • Formal Dining Room

About This Lot

As of June 2022

This home is located at 2497 225th Trail, Winterset, IA 50273 and is currently priced at $400,000, approximately $170 per square foot. This property was built in 2001. 2497 225th Trail is a home located in Madison County with nearby schools including Winterset Elementary School, Winterset Middle School, and Winterset Junior High School.

Last Agent to Sell the Property

Sarah Cowman

Homefront Real Estate, LLC Listed on: 05/24/2016

Last Buyer's Agent

John Shaw

Iowa Realty South

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,292

Year Built

  • Built in 2001

Lot Details

  • 18.77 Acre Lot
  • Property is zoned ag

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 2,341 Sq Ft Home
  • 1 Fireplace
  • Mud Room
  • Formal Dining Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Window Egress

Parking

  • 4 Car Attached Garage
  • Gravel Driveway

Utilities

  • Central Air
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 520100400030000

Property Details

Property Type

Land

Est. Annual Taxes

$5,292

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: Ranch
  • Lp Amt Sq Ft: 155.92
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 170.87
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Fireplaces: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • First Floor Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Basement Description: Egress Windows, Finished, Walkout
  • Dining Room: Dining Areas, Formal Dining Rm
  • Other Rooms: Mud Room
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 2341
  • Total Sq Ft: 2341

Exterior Features

  • Exterior: Cement Board
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Gravel

Garage/Parking

  • Driveway: Gravel
  • Garage: 4 Attached

Utilities

  • Sewer: Septic
  • Water: Rural
  • Air Conditioner: Central
  • Heat: Propane

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Winterset

Lot Info

  • Acres: 18.7700
  • Lot S F: 817621
  • Assessor Parcel Number: 520100400030000
  • 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: 5292.00
  • Net Taxes: 5146.00

MLS Schools

  • School District: Winterset

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
Jun 11, 2022
Sold by
Keller Steve C and Keller Amy M
Bought by
Phillips James Michael and Phillips Tauri Ann
Seller's Agent
Heather Helland
RE/MAX Precision
Buyer's Agent
Heather Helland
RE/MAX Precision
List Price
$739,900
Sold Price
$739,900
Current Estimated Value
$778,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,808
Avg. Annual Appreciation
0.39%
Original Mortgage
$639,900
Outstanding Balance
$613,148
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$135,750

Purchase Details

Listed on
May 24, 2016
Closed on
Jul 21, 2016
Sold by
Borcherding Evan and Borcherding Samantha
Bought by
Keller Steve C and Keller Amy M
Seller's Agent
Sarah Cowman
Homefront Real Estate, LLC
Buyer's Agent
John Shaw
Iowa Realty South
List Price
$365,000
Sold Price
$400,000
Premium/Discount to List
$35,000
9.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.97%
Original Mortgage
$300,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2012
Closed on
Apr 16, 2013
Sold by
Peoples Trust & Savings Bank
Bought by
Borcherding Evan M and Borcherding Samantha
Seller's Agent
Sarah Cowman
Homefront Real Estate, LLC
Buyer's Agent
Sarah Cowman
Homefront Real Estate, LLC
List Price
$326,500
Sold Price
$254,500
Premium/Discount to List
-$72,000
-22.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.88%
Original Mortgage
$203,600
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $740,000 None Listed On Document
Warranty Deed $400,000 None Available
Warranty Deed $254,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $639,900 New Conventional
Previous Owner $72,500 Unknown
Previous Owner $300,000 New Conventional
Previous Owner $203,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $739,900 0.0% $316 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $739,900 +85.0% $316 / Sq Ft
07/22/2016 07/22/16 Sold $400,000 +9.6% $171 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $365,000 +43.4% $156 / Sq Ft
04/18/2013 04/18/13 Sold $254,500 -22.1% $109 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
10/12/2012 10/12/12 For Sale $326,500 -- $139 / 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 $7,302 $534,800 $13,700 $521,100
2023 $6,636 $534,800 $13,700 $521,100
2022 $6,604 $404,100 $9,900 $394,200
2021 $6,604 $404,100 $9,900 $394,200
2020 $6,980 $396,900 $10,600 $386,300
2019 $6,518 $363,900 $0 $0
2018 $5,096 $290,100 $0 $0
2017 $5,442 $314,700 $0 $0
2016 $5,156 $314,700 $0 $0
2015 $4,084 $249,300 $0 $0
2014 $4,084 $249,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 518389

Des Moines Area Association of REALTORS®

APN: 520-10-04-00030000