NOT LISTED FOR SALE

3670 Highway 61 Blue Grass, IA 52726

Estimated Value: $405,000 - $473,000

3 Beds
2 Baths
1,744 Sq Ft
$247/Sq Ft Est. Value

Last Sold November 26, 2014

Last sale price $249,900 $143 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,610/month

4 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • In-Law or Guest Suite
  • Ranch Style House
  • Hydromassage or Jetted Bathtub
  • Patio

About This Home

As of November 2014

3.28 Acres of lake front property! Private picturesque setting with large ranch home. Full finished walk out basement. Large open great room with vaulted ceilings, large wrap around deck, 2 fireplaces, 3 baths, in law quarters with 2nd full kitchen & appliances, large rec room under garage! Second detached garage is heated and cooled! Lake is stocked, with a dock & gazebo it makes this private home a real get away!

Last Agent to Sell the Property

Sherry Kupresin

Mel Foster Co. Bettendorf License #475.138993/S41372000 Listed on: 10/20/2014

Last Buyer's Agent

Richard Schwanz

Real Broker, LLC License #S43222000/475.131977

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,430

Year Built

  • Built in 1979

Lot Details

  • 3.28

Home Design

  • Ranch Style House

Interior Spaces

  • Cathedral Ceiling

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

  • Blue Grass Elementary School

Utilities

  • Well
  • Water Softener is Owned
  • Septic System

Community Details

  • Association fees include maintenance/road, snow removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,430

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Unit Style: 1-Level
  • Legal Description: Lot 2 Arrowhead Lake SD 7 PL
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave Oven, Refrigerator, Range/Oven, Washer, Water Softener - Owned
  • Fireplace: Gas Lighter, Wood Burning, Family Room, Great Room
  • Interior Amenities: Ceilings/Cath/Vault/Tray, Garage Door Opener(s), In-Law Quarters, Jetted Tub
  • Number Fireplaces: 2
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Number of Full Bathrooms in the Basement: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 14x14, On Level: Main, Flooring: Carpet
  • Basement Foundation: Finished, Full, Walk-Out
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 15x13, On Level: Main, Flooring: Carpet
  • Bedroom 3: Dimensions: 15x13, On Level: Basement, Flooring: Carpet
  • Family Room: Dimensions: 25x21, On Level: Basement, Flooring: Carpet
  • Great Room: Dimensions: 23x18, On Level: Main, Flooring: Hardwood
  • Informal Dining Room: Dimensions: 23x10, On Level: Main, Flooring: Vinyl
  • Kitchen: Dimensions: 12x11, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Breakfast Bar, Dining Informal
  • Laundry: Dimensions: 7x4, On Level: Main, Flooring: Vinyl
  • Basement Finished Sq Ft: 1860
  • Rec Room: Dimensions: 29x21, On Level: Basement, Flooring: Carpet
  • Total Basement Sq Ft: 1860
  • Additional Room 1: Dimensions: 11x11, On Level: Basement, Flooring: Vinyl
  • Additional Room 2: Dimensions: 24x18, On Level: Main, Flooring: Other
  • Price Per Sq Ft: 143.29
  • Finished Sq Ft: 1744
  • Total Sq Ft: 1744
  • Finished Main Level Sq Ft: 1744

Exterior Features

  • Exterior: Aluminum Siding, Brick Partial, Wood Siding
  • Exterior Amenities: Deck, Outbuilding(s), Patio
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached, Detached, Heated
  • Number Cars: 2

Utilities

  • Heating Cooling: Propane, Forced Air, Propane Tank - Owned, Water Heater - Gas, Central Air
  • Utilities On: Yes
  • Water Sewer: Private Well, Septic System

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance/Road, Snow Removal
  • Association Annual Fee: 300

Schools

  • Elementary School: Blue Grass

Lot Info

  • Estimated Lot Size: 142,877
  • Estimated Number of Acres: 3.28
  • Lot Description: Water Frontage, Lake View, Lake/Pond
  • Subdivision: Arrowhead Lake
  • Geo Subdivision: IA

Tax Info

  • Annual Taxes: 3430
  • Parcel Id Number Tax Id: 0534325002

MLS Schools

  • High School School District: Davenport
  • Middle School: Walcott

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2012
Sold by
Rasmussen Jeffrey and Rasmussen Audrey
Bought by
Lourash Dale E and Lourash Sandie M
Current Estimated Value
$431,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$133,919
Interest Rate
2.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$297,701

Purchase Details

Closed on
Apr 19, 2011
Sold by
Burns Larry T and Mille Ann R
Bought by
Asmussen Jeffey and Rasmussen Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.77%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 17, 2005
Sold by
City Of Muscatine
Bought by
Burns Larry T and Miller Jo Ann R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lourash Dale E $234,875 None Available
Asmussen Jeffey $220,000 --
Burns Larry T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lourash Dale E $210,000
Previous Owner Asmussen Jeffey $400,000
Previous Owner Burns Larry T $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2014 11/26/14 Sold $249,900 0.0% $143 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
10/20/2014 10/20/14 For Sale $249,900 -- $143 / Sq Ft
Source: RMLS Alliance

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 $4,102 $353,660 $41,740 $311,920
2024 $4,102 $351,310 $41,740 $309,570
2023 $4,218 $338,967 $41,743 $297,224
2022 $3,962 $302,060 $39,380 $262,680
2021 $3,962 $275,800 $39,380 $236,420
2020 $3,580 $242,820 $34,380 $208,440
2019 $3,722 $241,310 $0 $0
2018 $3,524 $240,790 $0 $0
2017 $3,524 $235,500 $0 $0
2016 $3,518 $235,500 $0 $0
2015 $3,518 $234,040 $0 $0
2014 $3,530 $234,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4156063

RMLS Alliance

APN: 0534325002