$340,000
SOLD MAR 2, 2023

2581 Jasper Ave Letts, IA 52754

4 Beds
3 Baths
4,452 Sq Ft
12.76 Acres

Recently Sold

$76 Per Sq Ft

11% Below List Price

64 Days on Market

Highlights

  • 12.76 Acre Lot
  • No HOA
  • Oversized Parking
  • Wood Burning Stove
  • 1 Car Attached Garage
  • Eat-In Kitchen

About This Home

As of November 2024

Stunning 1877 brick farmhouse with multiple outbuildings on 12.76 acres. This is a beautiful rural setting with mature trees and privacy. There are many possibilities with this acreage, from hobby farm to wedding venue, etc. The 5 outbuildings are very usable and in good condition for their age. There are 7 grain bins adding potential for extra income. The house has many original details, including arched doorways and windows, original molding and open staircase, hardwood floors, high ceilings and large rooms. There is a 17x35 family room addition with a wood burning fireplace. The 13x23 dining room will accommodate large gatherings in style. This is a solid house waiting for your personal touches. Crib dryers and LP tank for dryers are not the owner's property and do not stay.

Last Agent to Sell the Property

Steve Armstrong

RE/MAX Professionals License #B58800000 Listed on: 11/29/2022

RE/MAX Professionals

Last Buyer's Agent

Steve Armstrong

RE/MAX Professionals License #B58800000 Listed on: 11/29/2022

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,430

Year Built

  • Built in 1877

Lot Details

  • 12.76 Acre Lot
  • Lot Dimensions are 544 x 1017 x 533.3 x 1038

Parking

  • 1 Car Attached Garage
  • Oversized Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 4,452 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Window Treatments
  • Family Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Outbuilding

Schools

  • Louisa Muscatine High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Powered By Leased Propane
  • Well
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1221400004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,430

Year Built

Built in 1877

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1877
  • Architectural Style: Two Story
  • New Construction: No
  • PricePerSqFt: 76.37
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Wood Burning Stove
  • Fireplaces: 1
  • Interior Amenities: Window Treatments
  • Living Area: 4452
  • TotalBasementSqFt: 1776
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Other
  • Road Surface Type: Gravel
  • Construction Type: Brick
  • Exterior Features: Outbuilding(s)
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Attached, Oversized

Utilities

  • Heating: Gas, Forced Air, Propane Rented, Gas Water Heater, Central
  • Water Source: Private Well, Septic System
  • NumberOfGarageRemotes: 1
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Louisa Muscatine

Lot Info

  • Zoning: A1
  • Lot Size Acres: 12.76
  • Lot Size: 544 x 1017 x 533.3 x 1038
  • Parcel #: 1221400004
  • ZonedAgricultural: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3255.23
  • TaxExemptions: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2024
Closed on
Nov 7, 2024
Sold by
Klotz William and Klotz Sara
Bought by
Heath Aaron and Heath Amanda
Seller's Agent
Steve Armstrong
RE/MAX PROFESSIONALS
Buyer's Agent
NON-MEMBER AGENT
NON-MEMBER AGENCY
List Price
$515,000
Sold Price
$514,900
Premium/Discount to List
-$100
-0.02%
Views
97
Current Estimated Value
$504,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,859
Avg. Annual Appreciation
-3.13%
Original Mortgage
$499,453
Outstanding Balance
$496,980
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$7,061

Purchase Details

Listed on
Nov 29, 2022
Closed on
Feb 24, 2023
Sold by
Oberhaus Inc
Bought by
Klotz William and Klotz Sara
Seller's Agent
Steve Armstrong
RE/MAX Professionals
Buyer's Agent
Steve Armstrong
RE/MAX Professionals
List Price
$379,900
Sold Price
$340,000
Premium/Discount to List
-$39,900
-10.5%
Views
90

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.84%
Original Mortgage
$272,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 29, 2022
Closed on
Jan 5, 2023
Sold by
Oberhaus Inc
Bought by
Fickel Bros Land Co
Seller's Agent
Steve Armstrong
RE/MAX Professionals
Buyer's Agent
Steve Armstrong
RE/MAX Professionals
List Price
$379,900
Sold Price
$340,000
Premium/Discount to List
-$39,900
-10.5%
Views
90

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2012
Sold by
Oberhaus John F and Oberhaus Lina S
Bought by
Oberhaus Inc
Source: Public Records

Range of Values:

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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 $515,000 None Listed On Document
Warranty Deed $340,000 --
Warranty Deed $447,500 --
Warranty Deed $1,210,500 --
Warranty Deed $921,500 --
Warranty Deed $195,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $499,453 New Conventional
Previous Owner $272,000 New Conventional
Previous Owner $272,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $514,900 0.0% $116 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
10/08/2024 10/08/24 For Sale $515,000 +51.5% $116 / Sq Ft
03/02/2023 03/02/23 Sold $340,000 -10.5% $76 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
11/29/2022 11/29/22 For Sale $379,900 -- $85 / Sq Ft
Source: RMLS Alliance

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 $2,430 $259,150 $44,850 $214,300
2023 $2,430 $234,925 $13,700 $221,225
2022 $3,226 $232,840 $52,990 $179,850
2021 $3,226 $223,850 $55,970 $167,880
2020 $3,188 $219,140 $54,820 $164,320
2019 $3,234 $239,330 $0 $0
2018 $3,212 $252,260 $0 $0
2017 $3,212 $256,530 $0 $0
2016 $3,272 $248,360 $0 $0
2015 $3,272 $241,770 $0 $0
2014 $3,096 $241,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4239054

RMLS Alliance

APN: 1221400004