2771 520th Ave Melrose, IA 52569
Estimated payment $2,118/month
Total Views
7,436
5
Beds
2
Baths
2,088
Sq Ft
$163
Price per Sq Ft
Highlights
- Hot Property
- Open Floorplan
- Wood Burning Stove
- Scenic Views
- Deck
- 2 Fireplaces
About This Home
Reduced $56k from original listing price. Also included is a roofing allowance of $12,600 by sellers to tear off shingles and replace on the house with a furnished bid by a licensed and insured roofing contractor. This spacious home in rural Melrose offers the perfect getaway or year-round destination, located less than a 5-minute drive from the Bridgeview boat launch at Rathbun Lake. Boasting 2,088 square feet of living space on the main floor, plus an additional 2,088 square feet of semi-finished space in the basement, this home is ideal for hosting large gatherings or accommodating a big family with 2 acres of property. The home features three family rooms, including a cozy basement family room complete with a bar and fireplace - perfect for entertaining. Just off the front entry is a sunken living room, adding character and charm to the space. There are 3 bedrooms and 2.5 bathrooms on the main floor, along with 2 non-conforming bedrooms and a shower stall in the basement. Additionally, the basement offers abundant storage space and a large workout room and partial kitchen. Enjoy the convenience of first-floor laundry, a large kitchen, and an oversized 2-car garage with a newer lean-to and a wood furnace to keep things warm during the winter. Step outside and fall in love with the unique gazebo-style outdoor bar area, creatively crafted from a corn crib and equipped with power and lights - perfect for summer gatherings. The large yard, mature trees, and ample parking make it an ideal spot for hosting friends and family. Plus, the paved road access means no rough gravel roads to worry about - a huge bonus when towing your boat to the lake! This property truly has it all - space, charm, and an unbeatable location near Rathbun Lake. Don't miss out - call today to schedule your showing!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,222
Year Built
- Built in 1978
Lot Details
- 2 Acre Lot
- Landscaped with Trees
Parking
- 2 Car Detached Garage
- Driveway
Home Design
- Brick Exterior Construction
- Frame Construction
- Asphalt Roof
Interior Spaces
- 2,088 Sq Ft Home
- 1-Story Property
- Open Floorplan
- 2 Fireplaces
- Wood Burning Stove
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Scenic Vista Views
- Partially Finished Basement
- Kitchen in Basement
Kitchen
- Oven
- Microwave
- Dishwasher
Flooring
- Carpet
- Linoleum
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Separate Outdoor Workshop
Utilities
- Heat Pump System
- Septic Tank
Map
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
Average Home Value in this Area
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 | $3,222 | $263,320 | $25,580 | $237,740 |
| 2023 | $3,222 | $263,320 | $25,580 | $237,740 |
| 2022 | $3,244 | $215,670 | $19,680 | $195,990 |
| 2021 | $2,882 | $215,670 | $19,680 | $195,990 |
| 2020 | $2,914 | $184,620 | $19,680 | $164,940 |
| 2019 | $3,226 | $184,620 | $19,680 | $164,940 |
| 2018 | $3,226 | $187,500 | $16,910 | $170,590 |
| 2017 | $3,196 | $187,500 | $16,910 | $170,590 |
| 2016 | $3,348 | $181,140 | $0 | $0 |
| 2015 | $3,360 | $180,360 | $0 | $0 |
| 2014 | $3,360 | $180,360 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Price Changed | $340,000 | -2.9% | $163 / Sq Ft |
| 07/10/2025 07/10/25 | Price Changed | $350,000 | -4.1% | $168 / Sq Ft |
| 06/07/2025 06/07/25 | Price Changed | $365,000 | -2.7% | $175 / Sq Ft |
| 05/15/2025 05/15/25 | Price Changed | $375,000 | -5.3% | $180 / Sq Ft |
| 03/10/2025 03/10/25 | For Sale | $396,000 | +182.9% | $190 / Sq Ft |
| 08/06/2014 08/06/14 | Sold | $140,000 | -6.7% | $67 / Sq Ft |
| 06/16/2014 06/16/14 | Pending | -- | -- | -- |
| 05/30/2014 05/30/14 | For Sale | $150,000 | -- | $72 / Sq Ft |
Source: My State MLS
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $150,750 | Adjustable Rate Mortgage/ARM |
Source: Public Records
About the Listing Agent
Jason, hailing from a dairy farm in south-central Wisconsin, developed a deep appreciation for the beauty of the outdoors at an early age. Throughout his life, he has been involved with land in various capacities, and since obtaining his real estate license in 1998, he has been dedicated to assisting clients in finding the perfect settings for their needs. He considers the Midwest to be one of the best-kept secrets when it comes to desirable locations.
In December 2016, Jason took on the
Jason's Other Listings
Source: My State MLS
MLS Number: 11447563
APN: 180-834-00-8000000
Nearby Homes
- 2692 535th Trail
- 5339 Calvary Trail
- 5370 Wells Fargo Trail
- LOTS 10 AND 11 Wind-N-waves
- 5365 Longhorn Trail
- Lot 1 Blk 5 Wind-N-waves
- 245 Lake Dr
- 0 Bridgeview Dr
- 156 Refuge Rd
- 158 Lake Dr
- 184 Refuge Rd
- 196 Lakeview Dr
- 198 Refuge Rd
- 113 Cove Rd
- 254 Lake Dr
- 376 Lake Dr
- 398 Lake Dr
- 336 Lake Dr
- rr Deer Run Dr Unit 197 198