NOT LISTED FOR SALE

2548 285th St Washington, IA 52353

Estimated Value: $296,000 - $493,576

7 Beds
3 Baths
3,690 Sq Ft
$98/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $415,000 $112 Per Sq Ft

Current estimated payment $2,543/month

172 Days on Market

Highlights

  • Docks
  • Waterfront
  • Community Lake
  • In Ground Pool
  • 11 Acre Lot
  • Pond

About This Home

As of July 2021

Opportunity is knocking! Two houses, Two - 2 car garages, 11 wooded acres divided into 2+ acre lots all on a 23+ acre lake. Weather your looking for seclusion or lake front for your family and friends or live in one and rent/sell the others. How about a Wedding venue? Hmm, many possibilities here.

Last Agent to Sell the Property

Jeff Gundy

Elliott Realty Group Listed on: 02/01/2021

Last Buyer's Agent

Jeff Gundy

Elliott Realty Group Listed on: 02/01/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,218

Year Built

  • Built in 1953

Lot Details

  • 11 Acre Lot
  • Waterfront
  • Garden
  • Property is zoned rural residential

Parking

  • 4 Car Detached Garage

Home Design

  • 1.5-Story Property
  • Ceiling Insulation
  • Metal Roof
  • Steel Beams
  • Vinyl Construction Material

Interior Spaces

  • Double Pane Windows
  • Family Room Downstairs
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms | 5 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Finished Basement Bathroom
  • Laundry in Basement

Eco-Friendly Details

  • Geothermal Energy System

Outdoor Features

  • In Ground Pool
  • Docks
  • Pond
  • Shed
  • Outbuilding

Utilities

  • Geothermal Heating and Cooling
  • Private Water Source
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Private or Community Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 006-15-03-100-010

Community Details

Overview

  • Community Lake

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,218

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 3690
  • Owner Name L F Mi: Dennis & Sandra Wolfe
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Photo Code1: Assoc Take Photo
  • Possible Finance: Cash, Conventional
  • Remarks: 2 lakefront houses on their own lot. 2550 285th St & 2548 285th St 2550 is rented on month to month basis need 24hr notice for renters 3 more 2+ acre lakefront Lots included. 24 x 30 garqage with 14 x 24 carport 30 x30 garage In ground pool that has not been used for 20 years. 4 season porch One well serves both houses, pump replaced 3 yrs ago Geothermal is in both houses. Square feet, bedroom and baths amounts are a combined figure Appliances left in 2548 are included. Septic updated on both houses.
  • Stories Style: 1.5 Stories, Ranch
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Equipment: Cook Top Separate, Dishwasher, Wall Oven, Dryer, Washer, Water Softener (Owned)
  • Interior: Carpet, Wood Floors
  • Number Bedrooms Lower: 1
  • Number Bedrooms Upper: 1
  • Number Bedrooms Main: 5
  • Sq Ft Above: 2690
  • Total Full Baths: 3
  • Laundry Type: Laundry Room
  • Bedrooms: 7
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Basement: Bath Finished, Concrete, Full
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1000
  • Kitchen / Breakfast: Kit/Dining Rm Comb
  • Laundry Location: Basement
  • Mstr Br Level: Main
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Steel, Vinyl
  • Roof Type: Metal/Steel
  • Exterior: Garden Area, Outbuildings, Pool In-ground

Garage/Parking

  • Parking: Detached Parking, Garage, Shed, 4 Car

Utilities

  • Cooling: Geothermal
  • Heating: Geothermal
  • Water Sewer: Private Water, Private Septic, Well

Condo/Co-op/Association

  • Amenities: Lake, Pool

Schools

  • Elementary School: Washington
  • Middle School: Washington
  • High School: Washington

Lot Info

  • Acreage: 11
  • Geo Subdivision: IA
  • Lot Description: 5+ Acres, Dock or Dock Rights, Pond, Waterfront
  • Lot Dimensions: see plat
  • Zoning: rural residential

Green Features

  • Energy Related: Double Pane, Insulation-Ceiling, Water Heater-Electric, Geothermal

Tax Info

  • Gross Tax County City: 5162
  • Assessor Parcel Number: 006-15-03-100-010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Jul 27, 2021
Sold by
Wolfe Dennis W and Wolfe Sandra J
Bought by
Thompson Peter D and Thompson Jennifer J
Seller's Agent
Jeff Gundy
Elliott Realty Group
Buyer's Agent
Jeff Gundy
Elliott Realty Group
List Price
$475,000
Sold Price
$415,000
Premium/Discount to List
-$60,000
-12.63%
Current Estimated Value
$415,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545
Original Mortgage
$240,000
Outstanding Balance
$223,347
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thompson Peter D -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Peter D $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Sold $415,000 -12.6% $112 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $475,000 -- $129 / Sq Ft
Source: Iowa City 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 $3,218 $232,900 $45,600 $187,300
2023 $2,926 $232,900 $45,600 $187,300
2022 $2,970 $183,900 $45,600 $138,300
2021 $2,970 $183,900 $45,600 $138,300
2020 $2,828 $176,500 $45,600 $130,900
2019 $2,932 $168,900 $0 $0
2018 $1,884 $112,800 $0 $0
2017 $1,776 $104,900 $0 $0
2016 $1,710 $104,900 $0 $0
2015 $1,710 $95,400 $0 $0
2014 $1,518 $97,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202100700

Iowa City Area Association of REALTORS®

APN: 15-03-100-010