NOT LISTED FOR SALE

317 Terrace Ln Montezuma, IA 50171

Estimated Value: $287,000 - $310,000

3 Beds
2 Baths
1,152 Sq Ft
$258/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $225,000 $195 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,806/month

3 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Garage
  • Dining Room
  • No HOA
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of March 2022

3.56 acres in town!! Oh, what will you do with that big yard? 317 Terrace Lane Drive Montezuma IA also included lot 319! The back lot is currently planted in native prairie grass. Easy to care for three-bedroom two bath ranch with a two-car attached garage and 23 x 30 metal building. Call quickly to set up a showing! This one won't last long. See you soon!

Last Buyer's Agent

Andy Erselius

AE Realty, Inc License #***

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,512

Year Built

  • Built in 1975

Lot Details

  • 3.56 Acre Lot
  • 1458300

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • Family Room
  • Dining Room
  • Laminate Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement

Outdoor Features

  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,512

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: HALLMARK LOT 20 & Hallmark Lot 33
  • Municipality: Montezuma
  • Year Built: 1975
  • Home Warranty: No
  • OFFICELIST_ADDRESS: 317 Terrace Lane
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2022-02-26
  • List Office I D: 448
  • Sales Office I D: 537
  • Selling Agent: 1998
  • Share Listings With: Broker Reciprocity, CoreLogic Listing License, Homes.com, Realtor.com, RPR Listing License
  • Street Designation: Lane
  • Building Style: Ranch
  • Bedroom 1 Level: Main
  • Special Features: None

Interior Features

  • Common Walls: No
  • Appliances: Range, Dishwasher, Refrigerator
  • Flooring: Laminate
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: (4th) Bedroom
  • Total Bathrooms: 2
  • Basement: Full
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: No
  • Main Floor Sq Ft: 1152
  • Price Per S Q F T: 195.31
  • Above Grade Finished Sq Ft: 1152
  • Below Grade Finished Sq Ft: 864
  • Below Grade Total Sq Ft: 1152
  • Fireplace: No
  • Room Types: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Kitchen, Living Room
  • Three Quarter Bathrooms: 1
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Bedroom 4 Level: Basement
  • Dining Room Level: Main
  • Family Room Level: Basement

Exterior Features

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Vinyl
  • Foundation Size: 1152
  • Road Frontage: City Street
  • Roof: Asphalt Shingles
  • Outbuildings: Storage Shed

Garage/Parking

  • Description: Attached Garage, Detached Garage
  • Fuel: Natural Gas
  • Garage Sq Ft: 576

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 2
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected
  • Electric: 200+ Amp Service

Association/Amenities

  • Complex/Development/Subdivision: Hallmark Add

Condo/Co-op/Association

  • Association Fee YN: No

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Montezuma
  • School District Number: 4437
  • School District Phone: 641-623-5121

Lot Info

  • New Develop: No
  • Acres: 3.56
  • Additional Parcels Description: 1458300
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 3.56
  • Lot Size Sq Ft: 155074
  • Lot Size Units: Acres

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Tax Info

  • Tax With Assessments: 2512
  • Tax Year: 2021
  • Gross Taxes: 2512

MLS Schools

  • School District: 4437 - Montezuma
  • School District Name: Montezuma

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2024
Sold by
Herring Brett A and Herring Abigail K
Bought by
Lambert Merwin Diane
Current Estimated Value
$297,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Outstanding Balance
$229,402
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$68,110

Purchase Details

Listed on
Feb 10, 2014
Closed on
Apr 2, 2014
Sold by
Hazelwood Joseph D and Hazelwood Stevie M
Bought by
Johnson Brett W and Johnson Teri
Seller's Agent
Karen McNaul
McNaul Real Estate Inc
Buyer's Agent
Karen McNaul
McNaul Real Estate Inc
List Price
$142,500
Sold Price
$138,500
Premium/Discount to List
-$4,000
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%
Original Mortgage
$27,700
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Lambert Merwin Diane $290,000 None Listed On Document
Johnson Brett W $138,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Merwin Diane $232,000
Previous Owner Johnson Brett W $27,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2022 03/31/22 Sold $225,000 0.0% $195 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $225,000 +62.5% $195 / Sq Ft
04/02/2014 04/02/14 Sold $138,500 -2.8% $120 / Sq Ft View Prior Sale
02/14/2014 02/14/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $142,500 -- $124 / 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 $2,748 $242,640 $20,660 $221,980
2024 $2,900 $197,550 $18,360 $179,190
2023 $2,564 $197,550 $18,360 $179,190
2022 $2,504 $145,810 $14,600 $131,210
2021 $2,504 $137,550 $13,770 $123,780
2020 $1,906 $137,550 $13,770 $123,780
2019 $1,966 $109,580 $13,770 $95,810
2018 $1,938 $109,580 $13,770 $95,810
2017 $1,870 $109,580 $13,770 $95,810
2016 $1,926 $109,580 $13,770 $95,810
2015 -- $109,580 $13,770 $95,810
2014 -- $109,580 $13,770 $95,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6157243

NoCoast MLS

APN: 450-1457100