$87,000
$70K PRICE DROP

2692 535th Trail Melrose, IA 52569

Estimated payment $589/month

Total Views 7,916
4 Beds
1 Bath
1,344 Sq Ft
$65 Price per Sq Ft

Highlights

  • Covered Deck
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

What a fantastic opportunity to own this nice size 2 story home in a rural setting. The home has good sized bedrooms and a metal roof. There is a great covered rocking chair front porch. The property has two storage sheds and an extra lot. Property is being sold As-Is. Inspections are for buyers knowledge only. Buyer will be responsible for all abstracting costs. Seller is The Secretary of Veterans Affairs. This property was built prior to 1978 and lead based paint potentially exists. This property may qualify for seller financing (Vendee). Both parcels 180827002000000 and 180201013000000 are incluced in the sale. This is a must see!

Listing Agent

Brent Kelso

Silverado Realty Listed on: 01/27/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $758

Year Built

  • Built in 1900

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Block Foundation
  • Metal Roof

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Stove
  • Unfinished Basement

Bedrooms and Bathrooms

  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Community Sewer or Septic

Additional Features

  • Covered Deck
  • 0.6 Acre Lot

Community Details

  • Gina Schaefer Association, Phone Number (515) 250-2497

Listing and Financial Details

  • Assessor Parcel Number 180827002000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$758

Year Built

Built in 1900

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 64.73
  • Natl Assocof Home Builders: No
  • Year Built: 1900
  • Special Features: 1028
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Carpeting
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 672
  • Included Items: Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1344
  • Total Sq Ft: 1344

Exterior Features

  • Exterior Features: Covered Deck
  • Foundation: Block
  • Roof: Metal
  • Street Feature: Gravel

Garage/Parking

  • Driveway: Gravel

Utilities

  • Sewer: Community
  • Water: Rural
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: 550.0000
  • Association Fee Term: Year
  • Association Fee: Yes

Association/Amenities

  • HOA Name: Green Acres POA
  • Management Firm: Gina Schaefer
  • Management Firm Phone: (515) 250-2497

Schools

  • School District: Albia Community

Lot Info

  • Acres: 0.5950
  • Lot S F: 25939
  • Lot Shape: Regular
  • Lot Size: .595
  • Assessor Parcel Number: 180827002000000
  • Zoning: Res

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: 758.00
  • Net Taxes: 758.00

MLS Schools

  • School District: Albia Community

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $666 $62,670 $15,700 $46,970
2023 $840 $62,670 $15,700 $46,970
2022 $860 $54,790 $12,080 $42,710
2021 $782 $54,790 $12,080 $42,710
2020 $790 $47,720 $12,080 $35,640
2019 $802 $44,430 $0 $0
2018 $802 $44,430 $0 $0
2017 $790 $42,700 $0 $0
2016 $790 $42,700 $0 $0
2015 $756 $40,570 $0 $0
2014 $756 $40,570 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $87,000 -10.3% $65 / Sq Ft
06/26/2025 06/26/25 Price Changed $97,000 -11.8% $72 / Sq Ft
06/12/2025 06/12/25 Price Changed $110,000 -8.3% $82 / Sq Ft
05/29/2025 05/29/25 Price Changed $120,000 -7.7% $89 / Sq Ft
05/01/2025 05/01/25 Price Changed $130,000 -5.1% $97 / Sq Ft
03/29/2025 03/29/25 Price Changed $137,000 -6.8% $102 / Sq Ft
02/27/2025 02/27/25 Price Changed $147,000 -6.4% $109 / Sq Ft
01/27/2025 01/27/25 For Sale $157,000 +44.7% $117 / Sq Ft
07/28/2022 07/28/22 Sold $108,500 -1.3% $81 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
10/23/2021 10/23/21 For Sale $109,950 -- $82 / Sq Ft
10/23/2021 10/23/21 Pending -- -- --
Source: Des Moines Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Fiduciary Deed $108,500 None Listed On Document
Warranty Deed $62,500 --
Warranty Deed $188,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $110,995 VA
Previous Owner $210,500 Commercial
Previous Owner $143,065 New Conventional
Previous Owner $60,625 New Conventional
Previous Owner $12,000 Unknown
Previous Owner $32,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $165,000 Future Advance Clause Open End Mortgage
Previous Owner $295,000 Unknown
Source: Public Records

Source: Des Moines Area Association of REALTORS®

MLS Number: 710821

Des Moines Area Association of REALTORS®

APN: 180-827-00-2000000