NOT LISTED FOR SALE

3074 Terrace Lake Dr Crawfordsville, IA 52621

Estimated Value: $298,123 - $380,000

2 Beds
2 Baths
1,616 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 10, 2023

Last sale price $275,000 $170 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,044/month

26 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage
  • No Interior Steps
  • Dining Room

About This Home

As of November 2023

STUNNING VIEWS OF TERRACE LAKE with this extremely well cared for and well built brick Ranch. Enter into this home and notice all the windows viewing the well maintained large stocked lake. Open concept home with large living room with french door opening to rear covered patio, dining area with tile floor, kitchen with appliances, eat at peninsula, lots of cabinetry and large corner pantry. Exquisite Master Bedroom with french doors opening to the back patio, two large closets, with master bathroom on suite offering shower and dual vanity. Additional bedroom with lots of natural light and full bath. Oversized attached HEATED garage with plenty of storage. Enjoy your own private oasis with mother nature and wildlife galore. Home provides private access to lake where a dock could be built, maintenance free exterior and zero entry home with no steps. This Terrace Lake property that's move in ready will NOT last long!

Last Agent to Sell the Property

Renee Smith

Cottage Realty LLC License #*** Listed on: 08/25/2023

Last Buyer's Agent

Dennis Ebersole

Meadow and Main Inc. License #***

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,236

Year Built

  • Built in 2003

Lot Details

  • 0.92 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,616 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Utilities

  • Forced Air Heating and Cooling System
  • Rural Water
  • Septic System

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,236

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: No Stairs Internal, No Stairs External
  • Legal Description: 44 TERRACE LAKE SD 2
  • Municipality: Crawfordsville
  • Year Built: 2003
  • OFFICELIST_ADDRESS: 3074 Terrace Lake Drive
  • Distribute To Internet: Yes
  • List Office I D: 617
  • Sales Office I D: 2783
  • Selling Agent: 3181
  • Street Designation: Drive
  • Building Style: Ranch
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Bedrooms: 2
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: (4th) Bedroom
  • Total Bathrooms: 2
  • Basement: None
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Living Room: Living Room
  • Main Floor Sq Ft: 1616
  • Price Per S Q F T: 170.17
  • Above Grade Finished Sq Ft: 1616
  • Above Grade Finished Sq Ft: 1616
  • Total Finished Sq Ft: 1616
  • Three Quarter Bathrooms: 1

Exterior Features

  • Exterior: Brick/Stone
  • Foundation Size: 1616

Garage/Parking

  • Description: Attached Garage
  • Fuel: Electric

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 2
  • Heating: Forced Air
  • Sewer: Septic System
  • Water: Rural/Municipality
  • Garage Stall Number: 2

Association/Amenities

  • Complex/Development/Subdivision: TERRACE LAKE

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.92
  • Geo Update Timestamp: 2023-08-25
  • Total Assessed Value: 262700
  • Assessment Pending: No
  • Homestead Description: Owner
  • Lot Dimensions: unknown
  • Lot Size Sq Ft: 40075
  • Lot Size Units: Acres
  • Zoning: Residential-Single Family

Tax Info

  • Tax Year: 2021
  • Gross Taxes: 3236
  • Net Taxes: 3236

MLS Schools

  • School District: 6700 - Waco

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Nov 9, 2023
Sold by
Romine Leola and Thomson Geaneece
Bought by
Strobel David P and Strobel Kelly E
Seller's Agent
Renee Smith
Cottage Realty LLC
Buyer's Agent
Dennis Ebersole
Meadow and Main Inc.
List Price
$279,900
Sold Price
$275,000
Premium/Discount to List
-$4,900
-1.75%
Views
44
Current Estimated Value
$321,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,281
Avg. Annual Appreciation
6.24%
Original Mortgage
$247,500
Outstanding Balance
$244,261
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$61,669

Purchase Details

Listed on
Dec 26, 2018
Closed on
Jun 4, 2019
Sold by
Hardy Frankilin J
Bought by
Romine Leola and Thomson Geaneece
Seller's Agent
Holly Burden
Cottage Realty LLC
Buyer's Agent
Debra Davis
Davis & Palmer Real Estate
List Price
$219,000
Sold Price
$210,000
Premium/Discount to List
-$9,000
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$157,500
Interest Rate
4.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 25, 2006
Sold by
Rechley Bros
Bought by
Leavitt David R and Leavitt Judith A
Source: Public Records

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
Strobel David P $275,000 None Listed On Document
Romine Leola $210,000 --
Leavitt David R $31,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strobel David P $247,500
Previous Owner Romine Leola $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2023 11/10/23 Sold $275,000 -1.8% $170 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $279,900 +33.3% $173 / Sq Ft
06/19/2019 06/19/19 Sold $210,000 -4.1% $130 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
12/26/2018 12/26/18 For Sale $219,000 -- $136 / 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 $3,414 $262,700 $38,400 $224,300
2023 $3,236 $262,700 $38,400 $224,300
2022 $3,142 $214,600 $38,400 $176,200
2021 $3,142 $216,900 $40,700 $176,200
2020 $3,204 $210,200 $40,700 $169,500
2019 $3,302 $219,000 $0 $0
2018 $2,810 $219,000 $40,700 $178,300
2017 $2,810 $194,100 $43,100 $151,000
2016 $2,666 $176,200 $0 $0
2015 $2,666 $159,900 $0 $0
2014 $2,482 $159,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6310890

NoCoast MLS

APN: 16-33-128-011