NOT LISTED FOR SALE

2890 Rea Rd Lorimor, IA 50149

Estimated Value: $220,000 - $464,997

3 Beds
2 Baths
1,860 Sq Ft
$192/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $235,000 $126 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,356/month

391 Days on Market

Highlights

  • Ranch Style House
  • Community Spa
  • Building Patio
  • 1 Fireplace
  • 2 Car Attached Garage
  • Living Room

About This Home

As of March 2019

Rural living in this spacious berm home on a hard surface road. A short drive to Creston or Winterset but with the benefits of country living and nature abound. With over 1800 square feet of open concept living area, 3 bedrooms with master ensuite and walk in closet, this property provides efficient single story living. Electric in floor heat in home and garage, all four walls R22 insulated! Seller will pay for survey for approx 3 acres and this piece of heaven is yours. Call an agent today!

Last Agent to Sell the Property

Nancy Loudon

Chris Lane Real Estate License #*** Listed on: 02/13/2018

Last Buyer's Agent

Nancy Loudon

Chris Lane Real Estate License #*** Listed on: 02/13/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,571

Year Built

  • Built in 2009

Lot Details

  • 3 Acre Lot

Home Design

  • Ranch Style House
  • Poured Concrete
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,860 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Insulated Garage

Utilities

  • Central Air
  • Propane
  • Sewer Holding Tank

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,571

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Copyright Remarks: Yes
  • Legal Description: Acres to be surveyed off of APN 0418200002, part of 18-73-28 NE-4 NE-4 or as per new abstract
  • Municipality: Lorimor
  • Year Built: 2009
  • OFFICELIST_ADDRESS: 2890 REA Road
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2018-02-13
  • List Office I D: 154
  • M L Number Foreign: WCIR20154896
  • Sales Office I D: 154
  • Selling Agent: 959
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Road
  • Building Style: Ranch
  • Bedroom 1 Level: Main
  • Special Features: None

Interior Features

  • Appliances: Microwave, Exhaust Fan/Hood, Dishwasher, Refrigerator, Disposal
  • Fireplaces: 1
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: No
  • Total Bathrooms: 2
  • Basement: Poured Concrete
  • Dining Room: Dining Room
  • Family Room: No
  • Kitchen: Kitchen
  • Kitchen Dim: 14x17
  • Kitchen Level: Main
  • Living Room: Living Room
  • Room 1: Foyer
  • Room 2: Laundry
  • Room 3: Bathroom
  • Room 4: Bathroom
  • Room 5: Bathroom
  • Price Per S Q F T: 126.34
  • Above Grade Finished Sq Ft: 1860
  • Fireplace Chars: Gas Burning
  • Fireplace: Yes
  • Room Types: Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Bedroom 1, Bedroom 4, Kitchen, Living Room, Bedroom 2, Bedroom 3
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Level: Main
  • Extra Room1 Level: Main
  • Extra Room2 Level: Main
  • Extra Room3 Level: Main
  • Extra Room4 Level: Main
  • Living Room Level: Main

Exterior Features

  • Exterior: Vinyl
  • Road Frontage: Paved Streets
  • Roof: Age Over 8 Years, Asphalt Shingles

Garage/Parking

  • Description: Attached Garage, Insulated Garage, Other
  • Fuel: Propane

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 2
  • Heating: Other
  • Sewer: Holding Tank

Condo/Co-op/Association

  • Amenities: Patio, Hot Tub, Kitchen Center Island, Ceiling Fan(s)

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: East Union

Lot Info

  • New Develop: No
  • Acres: 3
  • Lot Dimensions: home comes with approx 3 acres
  • Lot Size Sq Ft: 130680
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Tax Info

  • Tax With Assessments: 2571
  • Gross Taxes: 2571

MLS Schools

  • School District: 1970 - East Union
  • School District Name: East Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2018
Closed on
Mar 29, 2019
Sold by
Lowe David P
Bought by
Pellman Alex J and Pellman Nicole L
Seller's Agent
Nancy Loudon
Chris Lane Real Estate
Buyer's Agent
Nancy Loudon
Chris Lane Real Estate
List Price
$205,000
Sold Price
$235,000
Premium/Discount to List
$30,000
14.63%
Current Estimated Value
$357,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,749
Avg. Annual Appreciation
6.65%
Original Mortgage
$227,156
Outstanding Balance
$199,302
Interest Rate
4.3%
Mortgage Type
FHA
Estimated Equity
$158,447
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
Pellman Alex J $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pellman Alex J $227,156
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $235,000 +14.6% $126 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
02/13/2018 02/13/18 For Sale $205,000 -- $110 / Sq Ft
Source: NoCoast MLS

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
2025 $5,428 $378,710 $142,780 $235,930
2024 $5,428 $354,460 $142,780 $211,680
2023 $3,850 $243,990 $63,470 $180,520
2022 $3,864 $214,450 $63,470 $150,980
2021 $3,864 $200,420 $59,320 $141,100
2020 $2,540 $173,740 $43,940 $129,800
2019 $2,774 $137,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5415162

NoCoast MLS

APN: 0418200006