NOT LISTED FOR SALE

2986 Highway F48 W Newton, IA 50208

Estimated Value: $288,000 - $328,000

4 Beds
2.5 Baths
2,100 Sq Ft
$150/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $282,000 $134 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,083/month

29 Days on Market

Highlights

  • 40,946 Acre Lot
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • Living Room
  • Dining Room

About This Home

As of January 2023

4 Bedroom, 2 Story Acreage just West of Newton on a beautiful treed lot just under 1 acre (0.94). Inviting front porch & concrete turn around in front. Back deck with stairs to back yard. Huge storage area under garage walks out to back yard. Front entry opens to Living Room on east side, formal Dining on west side. Spacious kitchen with an abundance of cabinets, solid counter tops & includes all black appliances. Kitchen opens to additional dining, den or small sitting area with wood fireplace that opens to deck. 1/2 bath off kitchen. Upper level includes 4 Bedrooms with fans, double closets in 3 of the 4 bedrooms, new lighting fixtures, & Full bath. Master bedroom with 3/4 bath. Walkout lower level with 2 Storage rooms, Rec room & laundry.

Last Agent to Sell the Property

Jo Jenkins

RE/MAX Concepts Main Office License #*** Listed on: 10/21/2022

RE/MAX Concepts Main Office

Last Buyer's Agent

Paul Parmley

Iowa Realty Co., Inc - Grinnell

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,420

Year Built

  • Built in 1966

Lot Details

  • 40,946

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 40,946 Acre Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,420

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Acreage
  • Accessible: None
  • Legal Description: 32-80-19COUNTRY CLUB ACRESLOTS 34 & 35 EX EAST141.5' & Section:32 Township: 80 Range: 1932-80-19 Lot E NE NW EX W 20' of S 226' EX Parcel A
  • Municipality: Newton
  • Year Built: 1966
  • OFFICELIST_ADDRESS: 2986 Highway F48 W
  • Distribute To Internet: Yes
  • List Office I D: 360
  • Sales Office I D: 566
  • Selling Agent: 1667
  • Building Style: 2 Story
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Bedrooms: 4
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: (4th) Bedroom
  • Total Bathrooms: 3
  • Basement: Walkout, Unfinished
  • Half Bathrooms: 1
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Living Room: Living Room
  • Price Per S Q F T: 134.29
  • Above Grade Finished Sq Ft: 2100
  • Below Grade Total Sq Ft: 1008
  • Fireplace: Yes
  • Total Finished Sq Ft: 2100
  • Three Quarter Bathrooms: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Description: Attached Garage
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 2
  • Heating: Forced Air
  • Water: City Water - In Street

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 40946
  • Geo Update Timestamp: 2022-10-21
  • Total Assessed Value: 169360
  • Assessment Pending: Unknown
  • Homestead Description: Other
  • Lot Dimensions: .
  • Lot Size Sq Ft: 1783607760
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2021
  • Gross Taxes: 2420

MLS Schools

  • School District: 4725 - Newton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Jan 10, 2023
Sold by
Sexton Kathryn T
Bought by
Wright Jason A and Wright Teri Jo
Seller's Agent
Jo Jenkins
RE/MAX Concepts Main Office
Buyer's Agent
Paul Parmley
Iowa Realty Co., Inc - Grinnell
List Price
$299,000
Sold Price
$282,000
Premium/Discount to List
-$17,000
-5.69%
Views
25
Current Estimated Value
$331,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,196
Avg. Annual Appreciation
4.19%
Original Mortgage
$82,000
Outstanding Balance
$79,517
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$234,468
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
Wright Jason A $282,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Jason A $82,000
Previous Owner Sexton Kathryn T $270,000
Previous Owner Sexton Joel $125,000
Previous Owner Sexton Joel $40,000
Previous Owner Sexton Kathryn T $105,880
Previous Owner Sexton Kathryn T $108,000
Previous Owner Sexton Joel $116,071
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $282,000 -2.4% $134 / Sq Ft
11/19/2022 11/19/22 Pending -- -- --
11/11/2022 11/11/22 Price Changed $289,000 -3.3% $138 / Sq Ft
10/21/2022 10/21/22 For Sale $299,000 -- $142 / 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
2024 $3,504 $287,930 $29,940 $257,990
2023 $3,478 $287,930 $29,940 $257,990
2022 $2,420 $211,460 $29,940 $181,520
2021 $2,322 $169,360 $1,020 $168,340
2020 $2,322 $154,720 $1,020 $153,700
2019 $2,222 $139,280 $0 $0
2018 $2,222 $139,280 $0 $0
2017 $2,214 $139,280 $0 $0
2016 $2,214 $138,880 $0 $0
2015 $2,150 $131,640 $0 $0
2014 $1,992 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6303605

NoCoast MLS

APN: 08-32-126-026