NOT LISTED FOR SALE

27499 265th St Princeton, IA 52768

Estimated Value: $575,000 - $650,349

4 Beds
4.5 Baths
5,110 Sq Ft
$118/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $585,000 $114 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,891/month

7 Days on Market

Highlights

  • Greenhouse
  • Deck
  • Wooded Lot
  • Virgil Grissom Elementary School Rated A-
  • Great Room with Fireplace
  • Vaulted Ceiling

About This Home

As of November 2024

MUST SEE: CUSTOM-built, 4-bed, 5-bath home on 2 acres in Princeton. Designed by the current owner, a passionate builder, this home showcases exceptional craftsmanship & thoughtful design. The property has a 3-car garage on the main level & a 2-car garage beneath. Above the garage is a 2nd story with a bathroom & kitchenette, making it perfect for a guest suite, efficiency apartment, or workshop (Garage & 2nd story on separate HVAC systems). The home’s unique layout offers an upper-level entry with 2 beds, a main level with a spacious kitchen & a primary suite (the primary's private balcony overlooks the greenhouse), a lower-level dining room, great room, & sunroom (Passive solar heating in the sunroom & attached greenhouse provides energy efficiency during colder months), & a basement with 2 beds, a greenhouse, & storage space. Seller Reserves: fridge in kitchen, washer/dryer, fridge/upright freezer in lower garage, decorative canoe, whole-house wood burner, workshop cabinets (excluding kitchenette cabinets), fluorescent lights, & tools. Workshop fridge negotiable. This exceptional property is both functional & versatile. Experience the serenity of this wooded escape while still being close to local parks & amenities!

Last Agent to Sell the Property

Richard Bassford

RE/MAX Concepts Bettendorf Brokerage Email: rich@thebassfordteam.com License #S42142000/475.142927 Listed on: 10/04/2024

RE/MAX Concepts Bettendorf

Last Buyer's Agent

Shelly Coussens

Mel Foster Co. Davenport License #S61189000/475.133929

Mel Foster Co. Davenport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,280

Year Built

  • Built in 2003

Lot Details

  • 2.09 Acre Lot
  • Lot Dimensions are 187x140x120x220x200x429
  • Property fronts a private road
  • Terraced Lot
  • Wooded Lot

HOA Fees

  • $39 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking

Home Design

  • Quad-Level Property
  • Concrete Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 5,110 Sq Ft Home
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Free Standing Fireplace
  • Gas Log Fireplace
  • Great Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Intercom

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • <<bathWSpaHydroMassageTubToken>>

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Deck
  • Patio
  • Greenhouse
  • Shed

Schools

  • North Scott High School

Utilities

  • Multiple cooling system units
  • Forced Air Zoned Heating System
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • Association fees include maintenance/well, maintenance road
  • Centennial Oaks Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 0534351271

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,280

Year Built

Built in 2003

Lot Details

0

HOA Fees

$39 per month

Parking

5

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2003
  • Architectural Style: Quad-Level/4-Level
  • New Construction: No
  • PricePerSqFt: 122.64
  • Attribution Contact: rich@thebassfordteam.com
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Hood/Fan, Range/Oven, Water Softener Owned
  • Basement: Daylight, Egress Window(s), Finished, Full, Walk Out
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Den, Free Standing, Gas Starter, Gas Log, Great Room
  • Fireplaces: 2
  • Interior Amenities: Ceiling Fan(s), Vaulted Ceiling(s), Central Vacuum, Garage Door Opener(s), Intercom, Jetted Tub, Skylight(s)
  • Living Area: 5110
  • TotalBasementSqFt: 1214
  • KitchenDining: Breakfast Bar,Dining Informal,Eat-In Kitchen,Island
  • BelowGradeArea: 768

Exterior Features

  • Lot Features: Sloped, Terraced/Sloping, Wooded
  • Road Surface Type: Paved, Private Road
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Deck, Greenhouse, Patio, Shed(s)
  • Foundation Details: Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 5
  • Parking Features: Attached, Guest Parking, Heated, On Street, Oversized, Paved, Private, Underground

Utilities

  • Heating: Propane, Heating Systems - 2+, Forced Air, Propane Rented, Gas Water Heater, Cooling Systems - 2+, Central Air, Zoned
  • Water Source: Community Water, Septic System, Shared Well, Sump Pump
  • NumberOfGarageRemotes: 1

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance/Well, Maintenance Road
  • Senior Community: No
  • Association Fee: 470
  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: Yes

Schools

  • High School: North Scott

Lot Info

  • Lot Size Acres: 2.09
  • Lot Size: 187x140x120x220x200x429
  • Parcel #: 0534351271

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6280
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Nov 15, 2024
Sold by
Nelson Jay and Nelson Jay F
Bought by
Adnay Robert and Barati Justine
Seller's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
Buyer's Agent
Shelly Coussens
Mel Foster Co. Davenport
List Price
$585,000
Sold Price
$585,000
Views
10
Current Estimated Value
$601,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,087
Avg. Annual Appreciation
0.46%
Original Mortgage
$168,000
Outstanding Balance
$164,991
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$421,801

Purchase Details

Closed on
Sep 7, 2023
Sold by
Campbell-Nelson Patricia
Bought by
Nelson Jay
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Adnay Robert $585,000 None Listed On Document
Nelson Jay -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adnay Robert $168,000
Closed Ankney Robert $168,000
Previous Owner Nelson Jay F $133,500
Previous Owner Nelson Jay F $86,323
Previous Owner Nelson Jay F $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $585,000 0.0% $114 / Sq Ft
10/04/2024 10/04/24 For Sale $585,000 -- $114 / 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 $6,280 $632,000 $123,000 $509,000
2023 $6,176 $612,700 $123,000 $489,700
2022 $6,122 $517,630 $43,080 $474,550
2021 $6,122 $517,630 $43,080 $474,550
2020 $5,456 $500,810 $43,080 $457,730
2019 $5,706 $438,840 $43,200 $395,640
2018 $5,864 $438,840 $43,200 $395,640
2017 $2,441 $438,840 $43,200 $395,640
2016 $5,730 $425,800 $0 $0
2015 $5,730 $0 $0 $0
2014 $5,558 $406,680 $0 $0
2013 $5,486 $0 $0 $0
2012 -- $410,760 $43,200 $367,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4257214

RMLS Alliance

APN: 0534351271