NOT LISTED FOR SALE

2878 Arabian Rd Alburnett, IA 52202

Estimated Value: $504,000 - $623,265

5 Beds
3 Baths
3,057 Sq Ft
$184/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $485,000 $159 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,565/month

About This Home

As of October 2020

What a find! This custom built home sits on 4.49 acres and located just off C Ave Ext north of Tuma Soccer Complex and County Home Road. The home features split master bedroom design, 9 foot ceilings in the living, dining and kitchen. The large gourmet kitchen has countertops and a breakfast bar. The master bedroom has great views of the backyard and in the master suite you have a soaker tub, shower, double vanity and walk in closet. Downstairs is finished family room, 2 more bedrooms and bathroom along with plenty of room for storage. On the outside of this home you will love the landscaping already in place and the 10x12 outbuilding with a loft for storage. The yard offers lot of flexibility and opportunity with it being in the county. Also the road from C Ave Ext past the driveway is rock chipped so no gravel! Be sure to check out this one of a kind property!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Oct 14, 2020
Sold by
Recker Russell J and Alden Recker Cheryl
Bought by
Neal Andrew M and Neal Wendi E
Seller's Agent
Jeremy Johannes
Epique Realty
List Price
$485,000
Sold Price
$485,000
Current Estimated Value
$561,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,566
Avg. Annual Appreciation
3.06%
Original Mortgage
$460,750
Outstanding Balance
$410,002
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$151,564

Purchase Details

Closed on
Aug 16, 2002
Sold by
Dirks Randy K and Dirks Rebecca K
Bought by
Recker Russell J and Alden Recker Cheryl
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Neal Andrew M $485,000 None Available
Recker Russell J $175,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neal Andrew M $460,750
Previous Owner Recker Russell J $298,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $485,000 0.0% $159 / Sq Ft
07/29/2020 07/29/20 For Sale $485,000 -- $159 / Sq Ft

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 $6,130 $495,600 $110,500 $385,100
2023 $6,130 $495,600 $110,500 $385,100
2022 $6,070 $430,800 $110,500 $320,300
2021 $5,658 $430,800 $110,500 $320,300
2020 $5,658 $379,900 $67,500 $312,400
2019 $4,998 $364,400 $67,500 $296,900
2018 $4,858 $364,400 $67,500 $296,900
2017 $5,080 $352,800 $67,500 $285,300
2016 $5,376 $352,800 $67,500 $285,300
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

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