NOT LISTED FOR SALE

3118 40th St Grinnell, IA 50112

Estimated Value: $421,000 - $462,000

5 Beds
4 Baths
3,636 Sq Ft
$122/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $410,000 $113 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,791/month

1 Day on Market

Highlights

  • Panoramic View
  • Home Office
  • Porch
  • Main Floor Primary Bedroom
  • The kitchen features windows
  • 4 Car Attached Garage

About This Home

As of July 2023

Welcome to your dream home! This stunning property boasts 1.34 acres of serene, wooded land for your privacy and relaxation. With over 3636 sq ft, this spacious home features a large eat in kitchen, living/dining room, 5+ bedrooms and 3.75 bathrooms. There is a main floor master bedroom & ensuite with a walk in shower. Two additional rooms on the main floor offer versatility as home offices or bedrooms. Upstairs, you'll find 3 more bedrooms, a full bath, and a loft area. The bonus area over the 4-car garage is a rare find and includes its own kitchen, living room, bathroom, laundry, bedroom, den/bedroom and mechanicals. It has it's own stairway or can be accessed from 2nd floor loft area. What will you use it for - mother in law suite, apartment or master retreat? With the newer mechanicals and potential for basement finish (including 2 egress windows), this home has everything you need and more. Don't miss out on this incredible opportunity - come see it!

Last Listed By

Lynn Mawe

RE/MAX Partners Realty, Grinnell Listed on: 04/28/2023

RE/MAX Partners Realty, Grinnell

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,176

Year Built

  • Built in 1998

Lot Details

  • 1.34 Acre Lot
  • Property fronts a county road
  • Property is zoned Agriculture

Parking

  • 4 Car Attached Garage

Home Design

  • Insulated Concrete Forms
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,636 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Panoramic Views

Kitchen

  • Range
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Propane
  • Rural Water
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,176

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Special: 2nd Floor Laundry, 4 BR on One Level, All Living Fac on 1 Level, Main Floor Bedroom, Main Floor Laundry
  • Property Sub Type: Acreage
  • Accessible: Doors 36"+, Grab Bars In Bathroom
  • Construction Status: Previously Owned
  • Legal Description: 09 - 81 - 16PARCEL A NE NE
  • Municipality: Grinnell
  • Section Number: 9
  • Year Built: 1998
  • Property Includes: Front porch, master bedroom on main floor with ensuite walk in shower, 5 bedrooms with potential for more (3 rooms currently used for den/offices), laundry/mud room, 2 full baths on second floor, unfinished basement with egress windows. Great bonus space over the garage is finished - it could be a mother in law suite, apartment or great master retreat! It has it's own stairway from the garage or you can enter from the 2nd floor.
  • OFFICELIST_ADDRESS: 3118 40Th Street
  • Distribute To Internet: Yes
  • List Office I D: 395
  • Sales Office I D: 2777
  • Selling Agent: 2058
  • Street Designation: Street
  • Building Style: 1.5 Story
  • Bedroom 1 Level: Main
  • Family Room Characteristics: Family Room
  • Special Features: None
  • Stories: 1

Interior Features

  • Common Walls: No
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Gas Water Heater
  • Living Area Units: Square Feet
  • Bedrooms: 5
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: (4th) Bedroom
  • Bathroom Description: Main Floor Full Bath, Upper Level Full Bath, 3/4 Master, Bathroom Ensuite, Walk-In Shower Stall, Other
  • Total Bathrooms: 4
  • Basement: Full, Sump Pump, Egress Windows, Insulating Concrete Forms
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Room 1: Fifth (5th) Bedroom
  • Room 2: Den
  • Room 3: Office
  • Room 4: Guest House
  • Main Floor Sq Ft: 1680
  • Price Per S Q F T: 112.76
  • Above Grade Finished Sq Ft: 3636
  • Above Grade Finished Sq Ft: 3636
  • Below Grade Total Sq Ft: 1680
  • Fireplace: No
  • Total Finished Sq Ft: 3636
  • Three Quarter Bathrooms: 1
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Dining Room Level: Main
  • Extra Room1 Level: Upper
  • Extra Room2 Level: Main
  • Extra Room3 Level: Main
  • Extra Room4 Level: Upper
  • Family Room Level: Upper
  • Living Room Level: Main

Exterior Features

  • Waterfront Present: No
  • Exterior: Vinyl
  • Road Frontage: County Road
  • Roof: Asphalt Shingles

Garage/Parking

  • Description: Attached Garage, Driveway - Concrete
  • Fuel: Propane
  • Garage Sq Ft: 1456

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 4
  • Heating: Forced Air
  • Sewer: Septic System
  • Water: Rural/Municipality
  • Electric: 200+ Amp Service, Circuit Breakers
  • Garage Stall Number: 4

Condo/Co-op/Association

  • Amenities: Porch, Kitchen Window, Main Floor Master Bedroom, Panoramic View

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 1.34
  • Geo Update Timestamp: 2023-04-28
  • Total Assessed Value: 367150
  • Assessment Pending: No
  • Homestead Description: Owner
  • Lot Dimensions: F-200.5, R=193.6, S1=295.2, S2=298.1
  • Lot Size Sq Ft: 58370
  • Lot Size Units: Acres
  • Zoning: Agriculture

Tax Info

  • Tax Year: 2021
  • Gross Taxes: 4176
  • Net Taxes: 4056

Multi Family

  • Second Unit: Existing In-Law w/Bath, Existing In-Law w/Kitchen

MLS Schools

  • School District: 2709 - Grinnell-Newburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jul 27, 2023
Sold by
Barnes Robert B and Barnes Marilyn A
Bought by
Smith Joshua K and Smith Theresa P
Seller's Agent
Lynn Mawe
RE/MAX Partners Realty, Grinnell
Buyer's Agent
Alyssa Beaderstadt
RE/MAX Partners Realty, Grinnell
List Price
$408,000
Sold Price
$410,000
Premium/Discount to List
$2,000
0.49%
Total Days on Market
1
Views
35
Current Estimated Value
$441,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,867
Avg. Annual Appreciation
4.32%
Original Mortgage
$328,000
Outstanding Balance
$321,972
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$119,895

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
Smith Joshua K $205,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Joshua K $328,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $410,000 +0.5% $113 / Sq Ft
04/29/2023 04/29/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $408,000 -- $112 / 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 $3,952 $419,050 $53,300 $365,750
2023 $4,090 $367,150 $1,400 $365,750
2022 $4,056 $321,280 $1,200 $320,080
2021 $4,056 $303,160 $1,200 $301,960
2020 $3,926 $295,560 $1,130 $294,430
2019 $3,266 $295,560 $1,130 $294,430
2018 $3,194 $246,490 $1,630 $244,860
2017 $3,314 $246,490 $1,630 $244,860
2016 $3,324 $246,760 $1,900 $244,860
2015 $3,324 $246,760 $1,900 $244,860
2014 $3,266 $243,150 $1,990 $241,160
Source: Public Records

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Source: NoCoast MLS

MLS Number: NOC6307355

NoCoast MLS

APN: 080-3300500