Seller's Agent in 2023
Kim Hedges
RE/MAX
(319) 759-4493
85 Total Sales
2818 Highway 218 Montrose, IA 52639
Estimated Value: $294,000 - $349,000
11
Beds
7
Baths
7,244
Sq Ft
$45/Sq Ft
Est. Value
Highlights
- 18.25 Acre Lot
- 1 Fireplace
- Living Room
- Main Floor Bedroom
- 3 Car Detached Garage
- Forced Air Heating and Cooling System
About This Home
As of June 2023Check out this beautilful property in Lee County. The building itself has unlimited possibilities. Currently being used as a single family residence, it can easily be converted into apartments or Airbnb units for larger families. Originally built by the state in the early 1990's, A brand new metal roof in 2021 will keep it that way for years to come.4 New electric furnaces added by the previous owners. Located on a county highway between to major roads, it is easy to access if you wanted to have a business or host retreats. 11 decent sized bedrooms, 7 bathrooms and lots of wide open spaces make it ideal for groups to gather. Have a hobby that takes up a lot of space? The central gathering room has all the ceiling height you would want and opens to the fenced backyard. The wooded acres are a paradise to the curious woodsman. A man-made pond sits just below the house down a short trail. Tons of wildlife gather at the pond regularly. Owners motivated as they are moving out of state.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,108
Year Built
- Built in 1992
Lot Details
- 18.25 Acre Lot
Parking
- 3 Car Detached Garage
Home Design
- Vinyl Siding
Interior Spaces
- 7,244 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Family Room
- Living Room
- Dining Room
Bedrooms and Bathrooms
- 11 Bedrooms
- Main Floor Bedroom
- 7 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating and Cooling System
- Rural Water
Listing and Financial Details
- Homestead Exemption
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 7, 2022
Closed on
Jun 19, 2023
Sold by
Seamons Dennis G and Seamons Jennifer R
Bought by
Tengesdal Matthew Carl and Tengesdal Alexis Anne
Seller's Agent
Kim Hedges
RE/MAX Real Estate Specialists
Buyer's Agent
Kim Hedges
RE/MAX Real Estate Specialists
List Price
$450,000,000
Sold Price
$275,000
Premium/Discount to List
-$449,725,000
-99.94%
Views
320
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,357
Avg. Annual Appreciation
7.57%
Original Mortgage
$244,750
Outstanding Balance
$148,180
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$175,177
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
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tengesdal Matthew Carl | $275,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tengesdal Matthew Carl | $244,750 | |
| Previous Owner | Seamons Dennis G | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2023 06/26/23 | Sold | $275,000 | -30.4% | $38 / Sq Ft |
| 03/31/2023 03/31/23 | Pending | -- | -- | -- |
| 03/21/2023 03/21/23 | Price Changed | $395,000 | -7.1% | $55 / Sq Ft |
| 01/06/2023 01/06/23 | Price Changed | $425,000 | -4.5% | $59 / Sq Ft |
| 12/06/2022 12/06/22 | Price Changed | $445,000 | -1.1% | $61 / Sq Ft |
| 11/07/2022 11/07/22 | Price Changed | $450,000 | -99.9% | $62 / Sq Ft |
| 11/07/2022 11/07/22 | For Sale | $450,000,000 | +199900.0% | $62,120 / Sq Ft |
| 06/24/2021 06/24/21 | Sold | $225,000 | +12.6% | $43 / Sq Ft |
| 04/05/2021 04/05/21 | Pending | -- | -- | -- |
| 01/05/2021 01/05/21 | For Sale | $199,900 | -- | $38 / Sq Ft |
Source: NoCoast MLS
Tax History Compared to Growth
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 | $4,240 | $339,820 | $82,730 | $257,090 |
| 2023 | $4,034 | $339,820 | $82,730 | $257,090 |
| 2022 | $4,106 | $282,410 | $57,510 | $224,900 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Hedges
-
Lisa Johnson
Seller's Agent in 2021
Lisa Johnson
Weichert Realtors-The Massimo Group
(319) 795-4001
184 Total Sales
Map
Source: NoCoast MLS
MLS Number: NOC6303967
APN: 01-23-18-06-100-0140
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