$145,500
SOLD MAY 6, 2022

3518 406th Rd West Burlington, IA 52655

2 Beds
1 Bath
952 Sq Ft
1.03 Acres

Recently Sold

$153 Per Sq Ft

6% Below List Price

20 Days on Market

Highlights

  • 1.03 Acre Lot
  • No HOA
  • Living Room
  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

Country life in city limits! This beautiful 2 bedroom 1 bath home on just over an acre m/l is a MUST see! New roof! New HVAC! Main floor living with open floor plan and well designed use of space! This home also features an enclosed porch/mud room. Front covered porch is perfect for enjoying the summer breeze in the shade and back deck is perfect for summer BBQ's. Two car detached garage. PLENTY of space in the back and side yard to make your own! Extra-large graveled driveway is great for extra parking. BONUS feature is an RC car track in the back of the property with an elevated deck for the racers! Sellers are related to listing agent. Subject to seller finding home of choice.

Last Agent to Sell the Property

Dawn Towne

RE/MAX Real Estate Specialists Listed on: 02/28/2022

RE/MAX Real Estate Specialists

Last Buyer's Agent

Kim Staub

RE/MAX Real Estate Specialists

RE/MAX Real Estate Specialists

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,846

Year Built

  • Built in 1940

Lot Details

  • 1.03 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 952 Sq Ft Home
  • Family Room
  • Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Private Sewer

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,846

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: SECTION:33 TOWNSHIP:70 RANGE:3 FR PT E1/2 NE TRACT A WEST BURLINGTON
  • Municipality: Burlington
  • Section Number: 33
  • Year Built: 1940
  • OFFICELIST_ADDRESS: 3518 406th Road
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2022-03-01
  • List Office I D: 698
  • Sales Office I D: 698
  • Selling Agent: 3295
  • Share Listings With: Broker Reciprocity, CoreLogic Listing License, Homes.com, Realtor.com, RPR Listing License
  • Street Designation: Road
  • Building Style: Ranch
  • Bedroom 1 Level: Main
  • Special Features: None

Interior Features

  • Common Walls: No
  • Bedrooms: 2
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: No
  • Bedroom 4: No
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • Dining Room: No
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Price Per S Q F T: 152.84
  • Above Grade Finished Sq Ft: 952
  • 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
  • Bedroom 2 Level: Main
  • Family Room Level: Main
  • Living Room Level: Main

Exterior Features

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Vinyl

Garage/Parking

  • Description: Detached Garage
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 2
  • Heating: Forced Air
  • Sewer: Private Sewer
  • Water: City Water/Connected

Condo/Co-op/Association

  • Association Fee YN: No

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Burlington
  • School District Phone: 319-753-6791

Lot Info

  • New Develop: No
  • Acres: 1.03
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 44988.00
  • Lot Size Sq Ft: 44997
  • Lot Size Units: Acres

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Tax Info

  • Tax With Assessments: 1846
  • Tax Year: 2021
  • Gross Taxes: 1846

MLS Schools

  • School District: 882 - Burlington
  • School District Name: Burlington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2022
Closed on
May 6, 2022
Sold by
Billy Raymond Towne And Susan Jane Towne
Bought by
Gibbs Delwin L
Seller's Agent
Dawn Towne
RE/MAX Real Estate Specialists
Buyer's Agent
Kim Staub
RE/MAX Real Estate Specialists
List Price
$155,000
Sold Price
$145,500
Premium/Discount to List
-$9,500
-6.13%
Current Estimated Value
$162,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,124
Avg. Annual Appreciation
2.90%
Original Mortgage
$141,127
Outstanding Balance
$135,040
Interest Rate
5.27%
Mortgage Type
FHA
Estimated Equity
$24,987

Purchase Details

Closed on
Jun 4, 2021
Sold by
Towne Billy Raymond and Towne Susan Jane
Bought by
Towne Trust

Purchase Details

Closed on
Dec 22, 2017
Sold by
Kienast Anthony Robert
Bought by
Towne Billy Raymond and Towne Susan Jane

Purchase Details

Closed on
Jan 16, 2014
Sold by
Young Gidget M and Linkin Gidget M
Bought by
Bank Of America Na

Purchase Details

Closed on
Jun 29, 2007
Sold by
Bonner Thermon and Bonner Ruby
Bought by
Young Gidget M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,841
Interest Rate
6.54%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $145,500 None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed $28,000 None Available
Sheriffs Deed $93,431 None Available
Warranty Deed $75,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,058 FHA
Open $141,127 FHA
Previous Owner $6,000 New Conventional
Previous Owner $12,000 Unknown
Previous Owner $73,841 FHA
Closed $141,127 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $145,500 -6.1% $153 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $155,000 +493.9% $163 / Sq Ft
05/25/2016 05/25/16 Sold $26,099 +18.6% $29 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $22,000 -- $24 / 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 $2,036 $132,400 $38,700 $93,700
2023 $1,768 $132,400 $38,700 $93,700
2022 $1,782 $114,700 $38,700 $76,000
2021 $1,782 $114,700 $38,700 $76,000
2020 $1,804 $111,200 $38,700 $72,500
2019 $1,008 $111,200 $38,700 $72,500
2018 $1,244 $63,700 $23,500 $40,200
2017 $1,244 $63,300 $0 $0
2016 $1,472 $64,300 $0 $0
2015 $1,252 $64,300 $0 $0
2014 $1,274 $56,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6158058

NoCoast MLS

APN: 10-33-226-010