NOT LISTED FOR SALE

275 Center Point Dr Montezuma, IA 50171

Estimated Value: $527,108 - $668,000

5 Beds
3.5 Baths
3,856 Sq Ft
$152/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $480,500 $125 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,528/month

Highlights

  • Home Theater
  • Deck
  • 2 Fireplaces
  • Spa
  • Traditional Architecture
  • Sun or Florida Room

About This Home

As of February 2024

Here's your chance to own a little piece of paradise on Lake Ponderosa, perfect for water sports and fishing, with your own dock and access. This home rests on a double lot and boasts over 3800 sq ft, with 5 bedrooms and 3 and half baths. The Primary bathroom has his/her closets and sinks, as well as a soaking spa. The third floor has wall to wall windows giving you views of from every angle and decks that also celebrate the views and outdoors. An enormous 1800 sq ft drive through Garage has plenty of storage for all of your toys. This home features so much more that you will want to see for yourself.... a Theater Room, Bright Office, Spacious Kitchen, Sun Room and Salt Water hot tub. Don't miss this one-of-a-kind lake home with so much space and character.

Last Agent to Sell the Property

Chris Behun

Iowa Realty Newton Listed on: 01/03/2024

Last Buyer's Agent

Chris Behun

Iowa Realty Newton Listed on: 01/03/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,665

Year Built

  • Built in 2005

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 105x11
  • Irregular Lot

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 3,856 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Gas Log Fireplace
  • Family Room
  • Dining Area
  • Home Theater
  • Sun or Florida Room
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Spa
  • Deck

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 3637800

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,665

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Three Story
  • Architecture: Traditional
  • Lp Amt Sq Ft: 124.61
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 124.61
  • Termite: Call Listing Agent
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Fireplace: Gas Log
  • Fireplaces: 2
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Second Floor Full Bathrooms: 2
  • Third Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Basement Description: Walkout
  • Sq Ft Bsmt: 1800
  • Dining Room: Dining Areas, Eat In Kitchen
  • Family Room: 1st Floor
  • Other Rooms: 4 Season, Sun Room, Theater Room
  • Living Area Sq Ft: 3856
  • Total Sq Ft: 3856

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Hot Tub
  • Foundation: Poured
  • Street Feature: Gravel
  • Trim: Oak

Garage/Parking

  • Driveway: Concrete
  • Garage: 3 Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Montezuma

Lot Info

  • Acres: 0.4100
  • Lot S F: 17740
  • Lot Shape: Irregular
  • Lot Size: 105x11
  • Assessor Parcel Number: 3637800
  • Zoning: 3

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: 3665.00
  • Net Taxes: 4520.00
  • Tax Year: 2023

MLS Schools

  • School District: Montezuma

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Feb 13, 2024
Sold by
Hubbard Adam D and Hubbard Abby L
Bought by
Mcfarland Ryan and Mcfarland Dana
Seller's Agent
Chris Behun
Iowa Realty Newton
Buyer's Agent
Chris Behun
Iowa Realty Newton
List Price
$480,500
Sold Price
$480,500
Current Estimated Value
$584,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,027
Avg. Annual Appreciation
13.30%
Original Mortgage
$418,732
Outstanding Balance
$411,754
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$172,773

Purchase Details

Listed on
Oct 9, 2017
Closed on
May 4, 2018
Sold by
Cocking James R and Cocking Mary L
Bought by
Hubbard Adam D and Hubbard Abby L
Seller's Agent
Connie Durr
Patriot Realty
Buyer's Agent
Joseph Heemstra
RE/MAX Concepts Main Office
List Price
$344,900
Sold Price
$320,000
Premium/Discount to List
-$24,900
-7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$250,000
Interest Rate
4.4%
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 Buyer Sale Price Title Company
Mcfarland Ryan $480,500 None Listed On Document
Hubbard Adam D $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcfarland Ryan $418,732
Previous Owner Hubbard Abby L $247,000
Previous Owner Hubbard Adam D $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Sold $480,500 0.0% $125 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $480,500 +50.2% $125 / Sq Ft
05/04/2018 05/04/18 Sold $320,000 -7.2% $83 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
10/09/2017 10/09/17 For Sale $344,900 -- $89 / 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 $4,958 $502,250 $114,510 $387,740
2023 $4,520 $502,250 $114,510 $387,740
2022 $4,556 $384,700 $77,650 $307,050
2021 $4,556 $362,920 $73,250 $289,670
2020 $4,138 $321,800 $62,600 $259,200
2019 $3,930 $311,440 $52,240 $259,200
2018 $3,704 $291,930 $39,800 $252,130
2017 $3,678 $291,930 $39,800 $252,130
2016 $3,622 $289,740 $31,190 $258,550
2015 $3,622 $289,740 $31,190 $258,550
2014 $3,582 $289,740 $31,190 $258,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 687139

Des Moines Area Association of REALTORS®

APN: 630-3372300