NOT LISTED FOR SALE

314 S Elm Ave Logan, IA 51546

2.98 Acres
-- Price per Acre
129,809 Sq Ft Lot

Last Sold April 05, 2024

Last sale price $150,000 $6 Per Sq Ft

151 Days on Market

About This Lot

As of April 2024

4.98 acres is the Site of the former Westmont Care Center in Logan, IA, this site features excellent hilltop location with incredible view. Facility was built in 1976 and features over 24000 square feet. This property would make an excellent building site on almost 5 private acres in town.

Last Listed By

Ruth Spencer

Ed Spencer Real Estate & Aucti License #0910078 Listed on: 08/25/2023

Property Details

Property Type

  • Land

Year Built

  • 1976

Lot Details

Schools

  • Logan-Magnolia Elementary And Middle School
  • Logan-Magnolia High School

Utilities

  • Phone Available

Community Details

  • No Home Owners Association
  • Numerous Parcels 4.98 Acres M/L Subdivision

Listing and Financial Details

  • Assessor Parcel Number 460002117800000

Property Details

Property Type

Land

Year Built

1976

Lot Details

0

Listing Details

  • Parcel Number: 460002117800000
  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size: 4.98 ta x able acres
  • Ownership: Fee Simple
  • Subdivision Name: numerous parcels - 4.98 acres m/l
  • Directions: see map
  • Habitable Residence: Yes
  • Special Features: None
  • Year Built: 1976

Exterior Features

  • Road Surface Type: Asphalt, Concrete
  • Fencing: None

Utilities

  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Logan-Magnolia
  • Elementary School: Logan-Magnolia
  • Junior High Dist: Other
  • Middle Or Junior School: Logan-Magnolia

Lot Info

  • Lot Features: 1 to 5 Acres
  • Current Use: Other
  • Land Lease: No
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 25902

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Mar 29, 2024
Sold by
Westmont Investors Llc
Bought by
Thomsen Richard Wayne and Thomsen Janet Marie
Seller's Agent
Ruth Spencer
Ed Spencer Real Estate & Aucti
Buyer's Agent
Ruth Spencer
Ed Spencer Real Estate & Aucti
List Price
$450,000
Sold Price
$150,000
Premium/Discount to List
-$300,000
-66.67%
Total Days on Market
151
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Outstanding Balance
$1,739,724
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving

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
Thomsen Richard Wayne $150,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomsen Richard Wayne $1,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $150,000 -66.7% $6 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
08/25/2023 08/25/23 For Sale $450,000 -- $18 / Sq Ft
Source: Great Plains Regional 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 $20,562 $433,680 $43,580 $390,100
2023 $22,930 $1,212,400 $43,580 $1,168,820
2022 $25,314 $1,102,199 $43,580 $1,058,619
2021 $25,314 $1,102,199 $43,580 $1,058,619
2020 $27,016 $1,102,199 $43,580 $1,058,619
2019 $27,706 $1,102,199 $43,580 $1,058,619
2018 $29,156 $1,049,684 $0 $0
2017 $29,156 $1,049,684 $0 $0
2016 $33,472 $1,049,684 $0 $0
2015 $33,472 $1,049,684 $0 $0
2014 $33,696 $1,049,684 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22319542

Great Plains Regional MLS

APN: 460002117800000