Seller's Agent in 2024
Scott Neasham
RE/MAX
37 Total Sales
3739 S 48th Ave W Newton, IA 50208
Estimated Value: $398,000 - $491,000
7
Acres
$66,538
Price per Acre
285,754
Sq Ft Lot
Highlights
- Deck
- Wood Flooring
- Outdoor Storage
- Ranch Style House
- No HOA
- Forced Air Heating and Cooling System
About This Lot
As of June 2024Looking for a peaceful acreage and/or hobby farm? Check out this solidly built 3 bed, 2 bath brick farm home on 6.56 acres which includes a tree grove and approximately 3 acres of clear pasture/hay ground. Located SW of Newton, this custom-built farmstead (which used to raise sheep) has been enjoyed by a wonderful family for 63 years. Home was remodeled and expanded in 1980 by the owner who is a talented Jasper County brick mason/carpenter and features 2 granite stone wood-burning fireplaces, balcony deck, and custom brick landscaping features. Lower level has a walk-out family room, 2 bedrooms and "farmers bathroom". Several buildings on the property include a 40x52 Morton shed, a 30x42 brick garage/shop with loft, plus a 24x28 shed. Property is on Newton City water, new septic installed in 2017. There are a few finishing/cosmetic projects, property is being sold as-is through a Power of Attorney.
Last Agent to Sell the Property
Scott Neasham
RE/MAX Concepts Listed on: 04/08/2024
Last Buyer's Agent
Scott Neasham
RE/MAX Concepts Listed on: 04/08/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,743
Year Built
- Built in 1920
Lot Details
- 6.56 Acre Lot
- Property is zoned Ag
Home Design
- Ranch Style House
- Brick Exterior Construction
- Block Foundation
- Tile Roof
Interior Spaces
- 1,419 Sq Ft Home
- Wood Burning Fireplace
- Family Room Downstairs
- Dining Area
Kitchen
- Stove
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Window Egress
Parking
- 2 Car Attached Garage
- Driveway
Utilities
- Forced Air Heating and Cooling System
- Heating System Powered By Leased Propane
- Heating System Uses Propane
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 1318400013
Community Details
Overview
- No Home Owners Association
Recreation
- Deck
- Outdoor Storage
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2024
Closed on
Jun 21, 2024
Sold by
Obersteller Heinrich G and Obersteller Mary J
Bought by
Brandt Holly and Ferrari Joe A
Seller's Agent
Scott Neasham
RE/MAX Concepts
Buyer's Agent
Scott Neasham
RE/MAX Concepts
List Price
$420,000
Sold Price
$405,000
Premium/Discount to List
-$15,000
-3.57%
Views
125
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,490
Avg. Annual Appreciation
7.78%
Original Mortgage
$384,750
Outstanding Balance
$381,810
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$54,680
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brandt Holly | $405,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brandt Holly | $384,750 | |
| Previous Owner | Obersteller Heinrich G | $115,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/24/2024 06/24/24 | Sold | $405,000 | -3.6% | $285 / Sq Ft |
| 05/13/2024 05/13/24 | Pending | -- | -- | -- |
| 04/08/2024 04/08/24 | For Sale | $420,000 | -- | $296 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $2,182 | $182,590 | $7,760 | $174,830 |
| 2023 | $2,602 | $182,590 | $7,760 | $174,830 |
| 2022 | $3,184 | $212,200 | $41,520 | $170,680 |
| 2021 | $3,062 | $195,360 | $41,520 | $153,840 |
| 2020 | $3,062 | $183,150 | $42,670 | $140,480 |
| 2019 | $2,756 | $174,870 | $0 | $0 |
| 2018 | $2,756 | $174,870 | $0 | $0 |
| 2017 | $2,724 | $182,740 | $0 | $0 |
| 2016 | $2,724 | $182,740 | $0 | $0 |
| 2015 | $2,642 | $183,330 | $0 | $0 |
| 2014 | $2,562 | $183,330 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 692810
APN: 13-18-400-003
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