NOT LISTED FOR SALE

3393 E 140th St N Grinnell, IA 50112

Estimated Value: $158,000 - $228,000

3 Acres
$66,824 Price per Acre
130,680 Sq Ft Lot

Last Sold December 12, 2022

Last sale price $197,000 $205 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,252/month

66 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating and Cooling System
  • Farmhouse Style Home
  • Eat-In Kitchen

About This Lot

As of December 2022

If Grant Wood came through Grinnell, he might have been inspired sitting on the front porch of 3393 E 140th St. N, Grinnell, IA. This 2.75 +/- acre acreage includes 960 sq ft home minutes west of Grinnell. The finished living space includes an eat in kitchen w/laminate counters, nice wood cabinets, a living room, 1 bedroom, a 2nd non-conforming bedroom and a full bathroom w/laundry. The home was built in 1903, suggesting hardwood flooring underneath the carpets. The attic space is insulated and would make great additional living space. The basement is solid and provides good usable storage and shop space, plus a 3/4 bathroom. The east facing front porch provides spectacular sunrises. There is an oversized 2 car detached garage built in 1975. The furnace and central air are both new October 2022. Windows have been replaced with Pella windows. The exterior is steel siding. The bathroom addition was added in 1997. The home is on rural water and uses a septic system which will be pumped and pass inspection prior to transferring ownership.

Last Agent to Sell the Property

Kevin Kolbe

Ramsey Weeks Real Estate Listed on: 10/07/2022

Last Buyer's Agent

Hannah Warnell

Realty ONE Group Impact

Realty ONE Group Impact

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,994

Year Built

  • Built in 1903

Lot Details

  • 3 Acre Lot
  • Irregular Lot
  • Property is zoned Ag Dw

Home Design

  • Farmhouse Style Home
  • Bungalow
  • Brick Foundation
  • Metal Siding

Interior Spaces

  • 960 Sq Ft Home
  • Unfinished Basement
  • Natural lighting in basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1022200002

Property Details

Property Type

Land

Est. Annual Taxes

$2,994

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: Bungalow
  • Architecture: Farmhouse
  • Lp Amt Sq Ft: 213.54
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 205.21
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Hardwood Floors, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath Lower: 1
  • Basement Description: Daylight Window, Unfinished
  • Sq Ft Bsmt: 768
  • Dining Room: Eat In Kitchen
  • Family Room: None
  • Included Items: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 960
  • Total Sq Ft: 960

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Brick
  • Street Feature: Gravel

Garage/Parking

  • Driveway: Gravel
  • Garage Sq Ft: 672
  • Garage: 2 Detached
  • Garage Parking Stalls: 2

Utilities

  • Water: Rural
  • Air Conditioner: Central
  • Heat: Gas Forced Air, Propane

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: GrinnellNewburg

Lot Info

  • Acres: 3.0000
  • Lot S F: 133000
  • Lot Shape: Irregular
  • Assessor Parcel Number: 1022200002
  • Zoning: Ag Dw

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: 2994.47
  • Net Taxes: 2910.00
  • Tax Year: 2023

MLS Schools

  • School District: GrinnellNewburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Dec 7, 2022
Sold by
Allen Don and Allen Arm
Bought by
Spencer Matthew and Link Jordan
Seller's Agent
Kevin Kolbe
Ramsey Weeks Real Estate
Buyer's Agent
Hannah Warnell
Realty ONE Group Impact
List Price
$205,000
Sold Price
$197,000
Premium/Discount to List
-$8,000
-3.9%
Views
66
Current Estimated Value
$200,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,473
Avg. Annual Appreciation
4.60%
Original Mortgage
$157,600
Outstanding Balance
$153,647
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$69,013
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
Spencer Matthew $197,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Matthew $157,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2022 12/12/22 Sold $197,000 -3.9% $205 / Sq Ft
10/07/2022 10/07/22 For Sale $205,000 -- $214 / 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 $1,948 $171,160 $39,490 $131,670
2023 $1,948 $171,160 $39,490 $131,670
2022 $2,910 $168,530 $72,060 $96,470
2021 $2,838 $159,210 $72,060 $87,150
2020 $2,838 $154,170 $74,240 $79,930
2019 $2,530 $163,800 $0 $0
2018 $2,530 $163,800 $0 $0
2017 $2,484 $173,320 $0 $0
2016 $2,484 $173,320 $0 $0
2015 $2,446 $173,630 $0 $0
2014 $2,390 $173,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 661646

Des Moines Area Association of REALTORS®

APN: 10-22-200-006