NOT LISTED FOR SALE

2785 Reading Trail Logan, IA 51546

Estimated Value: $205,000 - $380,000

3 Beds
1 Bath
1,584 Sq Ft
$186/Sq Ft Est. Value

Last Sold January 31, 2014

Last sale price $105,000 $66 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $1,861/month

78 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Central Air
  • No HOA
  • Living Room
  • 1-Story Property

About This Home

As of January 2014

Great acreage,updated home large outbuilding/garage barn.Large 3 bedroom. Experience Country Living in this ready to live in property.Modern updated in many respects, updated kitchen. Hvac system This is a Fannie Mae HomePath property. This property is approved for HomePath Renovation Mortgage Financing. Go to Homepath.com for more information.

Last Listed By

Patrick Quigley

Heartland Properties Listed on: 10/09/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,290

Year Built

  • Built in 1900

Lot Details

  • 6

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,584 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring
  • Partial Basement
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Schools

  • Missouri Valley Elementary And Middle School
  • Missouri Valley High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,290

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Air Conditioner: Electric Central
  • Basement: Partial
  • Basement: Other, Partial
  • Dining Facilities: Eat In Kitchen, Other
  • Fireplace: No
  • Interior Amenities: Wood Floors
  • Kitchen Features: Custom Cabinets
  • Laundry: Main Floor
  • Lower Tri Level: None
  • Main Level: Kitchen, Primary Bedroom, Other Bedrooms, Living Room
  • Second Level: None
  • Sq Ft Main Floor: 1584.00
  • Stories: 1.0
  • Total Basement Sq Ft: 900.00
  • Total Finished Sq Ft: 1584.00
  • Total Above Ground Finished Sq Ft: 1584.00

Beds/Baths

  • Bathrooms Above Grade: 1
  • Bathrooms Below Grade: None
  • Above Grade Bedrooms: 3
  • Below Grade Bedrooms: None
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3

Exterior Features

  • Exterior Amenities: Other
  • New Construction: N
  • Roof: Composition
  • Site Amenities: Blacktop Road, Oiled Road
  • Style: Ranch

Garage/Parking

  • Garage: None
  • Garage Features: No Features
  • Garage Type: None

Utilities

  • Heating: Heat Pump
  • Hot Water Heater: Electric
  • Services: Septic, Well

Association/Amenities

  • Association Fee: N

Schools

  • School District: Logan Magnolia
  • Elementary School: Missouri Valley
  • Middle School: Missouri Valley
  • High School: Missouri Valley
  • Elementary School: Missouri Valley
  • High School: Missouri Valley
  • Jr High: Missouri Valley
  • School District: Logan Magnolia

Lot Info

  • Flood Insurance: Unknown
  • Lot Size: 5.86 acres
  • Lot Size Range: Over 3 up to 6 Acres

Building Info

  • Construction: Frame
  • Year Built: 1900

Tax Info

  • Current REIDS Year Paid: N/A
  • Gross Taxes: 1290
  • Net Taxes: 1290

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2013
Closed on
Jan 29, 2014
Sold by
Federal National Mortgage Association
Bought by
Chapman Kirk N and Chapman Kathleen A
Seller's Agent
Patrick Quigley
Heartland Properties
Buyer's Agent
Patti Wiggins
NP Dodge Real Estate - Council Bluffs
List Price
$120,900
Sold Price
$105,000
Premium/Discount to List
-$15,900
-13.15%
Total Days on Market
78
Current Estimated Value
$295,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,126
Avg. Annual Appreciation
9.77%
Original Mortgage
$94,500
Outstanding Balance
$73,270
Interest Rate
4.49%
Mortgage Type
New Conventional
Estimated Equity
$226,717

Range of Values:

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Average Value
Not Available
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
Chapman Kirk N $105,000 Servicelink
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapman Kirk N $94,500
Previous Owner Phelps Andrew P $50,000
Previous Owner Phelps Andrew P $139,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2014 01/31/14 Sold $105,000 -13.2% $66 / Sq Ft
12/26/2013 12/26/13 Pending -- -- --
10/09/2013 10/09/13 For Sale $120,900 -- $76 / Sq Ft
Source: Southwest Iowa 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 $2,606 $223,910 $59,440 $164,470
2023 $2,564 $223,910 $59,440 $164,470
2022 $2,518 $184,657 $59,440 $125,217
2021 $2,518 $184,657 $59,440 $125,217
2020 $2,222 $171,708 $59,440 $112,268
2019 $1,254 $171,708 $59,440 $112,268
2018 $1,254 $91,321 $0 $0
2017 $1,254 $91,321 $0 $0
2016 $1,370 $91,321 $0 $0
2015 $1,370 $82,272 $0 $0
2014 $1,154 $82,272 $0 $0
Source: Public Records

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Source: Southwest Iowa Association of Realtors®

MLS Number: 13-2297

Southwest Iowa Association of Realtors®

APN: 250001493100000