NOT LISTED FOR SALE

3399 120th St NE Solon, IA 52333

Estimated Value: $242,000 - $911,631

50 Acres
$11,488 Price per Acre
2,178,000 Sq Ft Lot

Last Sold October 25, 2023

Last sale price $882,500 $530 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $3,301/month

86 Days on Market

About This Lot

As of October 2023

Premiere and Private Acreage Between Cedar Rapids and Iowa City. This majestic fifty acres in northern Johnson County is quite possibly the prettiest, most private setting that I’ve seen in the entire Cedar Rapids/Iowa City Corridor. Private farm with scenic views, farmland, pasture, outbuildings, and cabin. Located 3 miles east of Shueyville on a dead-end road. Features fiber internet, power, water, and interior road. Approximately 18 acres of tillable land in hay, 12 pasture. Potential for a deep pond from large drainage area. 30x30 cabin with 1BR/1BA, open living room, kitchen, and dining area. Equipped with propane, two-zone mini-splits. Additional structures: 32x54 steel utility building, 15x54 loafing shed, 40x60 historic barn, 16x32 shed, 22x24 detached garage. Well #1 serves cabin and water hydrants, New Well #2 for potential use. Three electric services for various buildings. Fiber high-speed internet. Showings by appointment only, call listing agent at 319-853-1162.

Last Agent to Sell the Property

Ben Harshyne

Whitetail Properties Real Estate, LLC Listed on: 07/20/2023

Whitetail Properties Real Estate, LLC

Last Buyer's Agent

Ben Harshyne

Whitetail Properties Real Estate, LLC Listed on: 07/20/2023

Whitetail Properties Real Estate, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,060

Lot Details

  • 50 Acre Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,060

Lot Details

0

Listing Details

  • Legal Description: 50 acre m/l in S12-T81N-R07W 3399 120th St NE Solon, IA 52333
  • Municipality: Solon
  • Section Number: 12
  • OFFICELIST_ADDRESS: 3399 120th St NE
  • Distribute To Internet: Yes
  • List Office I D: 1035
  • Sales Office I D: 1035
  • Building Style: Lots & Land
  • Sellling Agent: 3740
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Price Per S Q F T: 17650

Fee Information

  • Tax Class: LOTS & LAND

Lot Info

  • Acres: 50
  • Geo Update Timestamp: 2023-07-21
  • Assessment Pending: No
  • Homestead Description: None
  • Lot Size Sq Ft: 2178000
  • Lot Size Units: Acres
  • Land Inclusions: Tillable land, pasture fencing, outbuildings, cabin
  • Pasture Acres: 12
  • Tillable Acres: 18
  • Wooded Acres: 20
  • Plat Recorded: Yes

Tax Info

  • Tax Year: 2022
  • Taxable Acres: 50
  • Gross Taxes: 1060

MLS Schools

  • School District: 1337 - College

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Trask Douglas E and Trask Wendy L
Bought by
Hayek David J and Hayek Sarah J
Current Estimated Value
$574,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$697,183
Interest Rate
2.98%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$49,808

Purchase Details

Closed on
Aug 21, 2018
Sold by
Stephen Hauser
Bought by
Trask Doug and Trask Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.53%

Purchase Details

Closed on
Jun 28, 2010
Sold by
Sebetka Robert and Sebetka Joann
Bought by
Trask Doug and Trask Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
4.77%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Hayek David J $750,000 None Available
Trask Doug -- --
Trask Doug $528,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayek David J $750,000
Closed Hayek David J $750,000
Previous Owner Trask Doug $120,000
Previous Owner Trask Doug --
Previous Owner Trask Doug $488,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $882,500 -7.1% $530 / Sq Ft
10/14/2023 10/14/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $950,000 -- $571 / 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 $3,070 $204,000 $37,400 $166,600
2023 $2,850 $204,000 $37,400 $166,600
2022 $1,042 $159,900 $28,600 $131,300
2021 $960 $46,000 $31,300 $14,700
2020 $960 $41,900 $28,700 $13,200
2019 $1,558 $107,200 $28,700 $78,500
2018 $1,520 $96,400 $0 $0
2017 $1,520 $99,700 $39,900 $59,800
2016 $1,414 $98,000 $39,900 $58,100
2015 $1,414 $98,000 $39,900 $58,100
2014 $1,348 $95,100 $41,900 $53,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6309844

NoCoast MLS

APN: 0312401002