NOT LISTED FOR SALE

31706 450th St Russell, IA 50238

Estimated Value: $262,000 - $444,000

4.57 Acres
$71,297 Price per Acre
199,069 Sq Ft Lot

Last Sold October 26, 2021

Last sale price $250,000 $98 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,994/month

51 Days on Market

Highlights

  • 3 Fireplaces
  • No HOA
  • Forced Air Heating and Cooling System

About This Lot

As of October 2021

Hard to find affordable acreage! This property offers 4.57 acres that include a large home with 5 large bedrooms, 4 that have walk in closets, master is ideally located on the main level and has a connecting master bath, the other main level bedroom is currently used as an office. Second level has another full bath. The laundry is conveniently located just inside the back door and is near the master bedroom and also offers a half bath. Kitchen, dining and living areas are spacious and open concept. The enclosed front porch could be finished to have a great 3 season, bug free place to relax. Outside you have a huge 3 car garage, an older 2 car garage that could be heated with wood stove, an older barn and a portion of the pond that is shared with the neighbors. This is definitely one to see and it won't last long.

Last Agent to Sell the Property

Gina Thompson

Iowa Realty Indianola Listed on: 08/10/2021

Iowa Realty Indianola

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,594

Year Built

  • Built in 1919

Lot Details

  • 4.57 Acre Lot
  • Property is zoned RR

Home Design

  • Block Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,560 Sq Ft Home
  • 1.5-Story Property
  • 3 Fireplaces
  • Wood Burning Fireplace

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1210200005

Property Details

Property Type

Land

Est. Annual Taxes

$2,594

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 93.75
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 97.66
  • Termite: Follow Showing Instructions
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 1

Interior Features

  • Fireplace: Wood
  • Fireplaces: 3
  • Interior Amenities: 1st Flr Laundry
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Sq Ft Bsmt: 1152
  • Included Items: Cooktop, Dishwasher, Dryer, Refrigerator, Wall Oven, Washer
  • Living Area Sq Ft: 2560
  • Total Sq Ft: 2560

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Concrete Block, Poured
  • Roof: Metal
  • Street Feature: Gravel

Garage/Parking

  • Driveway: Gravel
  • Garage Sq Ft: 1350
  • Garage: 2 Detached
  • Garage Parking Stalls: 3

Utilities

  • Sewer: Septic
  • Water: Rural
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Chariton

Lot Info

  • Acres: 4.5700
  • Lot Shape: Regular
  • Assessor Parcel Number: 1210200005
  • Zoning: RR

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 2594.00
  • Net Taxes: 2594.00

MLS Schools

  • School District: Chariton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Oct 25, 2021
Sold by
Swartz Logan C
Bought by
Reineccius Matthew A and Reineccius Amy J
Seller's Agent
Gina Thompson
Iowa Realty Indianola
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$240,000
Sold Price
$250,000
Premium/Discount to List
$10,000
4.17%
Current Estimated Value
$325,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,826
Avg. Annual Appreciation
7.12%
Original Mortgage
$150,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2018
Sold by
Thompson Orville M and Thompson-Mitsuko Kamiya
Bought by
Swartz Logan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
3.82%
Mortgage Type
New Conventional
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
Reineccius Matthew A $250,000 Simpson Jensen Abels Fischer B
Swartz Logan C $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reineccius Matthew A $101,600
Closed Reineccius Matthew M $150,000
Closed Reineccius Matthew A $150,000
Previous Owner Swartz Logan C $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2021 10/26/21 Sold $250,000 +4.2% $98 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $240,000 -- $94 / Sq Ft
Source: Des Moines Area Association of REALTORS®

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 $2,666 $186,566 $45,240 $141,326
2023 $3,178 $186,566 $45,240 $141,326
2022 $3,070 $176,410 $29,090 $147,320
2021 $2,658 $176,410 $29,090 $147,320
2020 $2,658 $147,009 $24,240 $122,769
2019 $1,910 $269,778 $147,009 $122,769
2018 $1,898 $101,748 $9,360 $92,388
2017 $1,898 $95,989 $0 $0
2016 $1,894 $95,989 $0 $0
2015 $1,894 $95,989 $0 $0
2014 $1,912 $95,989 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 635415

Des Moines Area Association of REALTORS®

APN: 1210200005