Seller's Agent in 2023
Andy Erselius
AE Realty, Inc
(641) 226-2639
179 Total Sales
402 Meadow Lane Dr Montezuma, IA 50171
Estimated Value: $235,000 - $305,000
3
Beds
5
Baths
2,916
Sq Ft
$97/Sq Ft
Est. Value
Highlights
- 2 Car Attached Garage
- 1-Story Property
- Forced Air Heating System
About This Home
As of December 2023Here is a unique opportunity - two homes, one price! Enjoy over 2,900 sq ft of main level space for you and your family, live in one side while renting the other side out to help cover your payment OR add this property to your rental portfolio. Located in Montezuma's Hallmark addition, this property is close to the city park and sits on a level lot. The original home is over 1,500 sq ft on a full walkout basement. Open living/dining room area with kitchen that leads to a screen in deck with peaceful western view. Two bedrooms, a full bath, and a HUGE bonus room (could be 3rd bedroom) round out this portion of the structure. Other the other side is a manufactured home featuring an open floor plan, master bedroom suite with full bathroom and two more bedrooms and full bath opposite the living space. Joining the two buildings is a hallway and two car garage. Maintenance free exterior with metal roofing and vinyl siding helps make this an attractive home or investment. Call today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,044
Year Built
- Built in 1973
Lot Details
- 0.78
Home Design
- Duplex
- Frame Construction
- Metal Roof
- Vinyl Siding
Interior Spaces
- 2,916 Sq Ft Home
- 1-Story Property
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Car Attached Garage
- Shared Driveway
Additional Features
- 0.78 Acre Lot
- Forced Air Heating System
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $2,400
- Gross Income $16,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2023
Closed on
Nov 29, 2023
Sold by
Robert And Anita Sutfin Revocable Trust and Grier Kathleen M
Bought by
Ehret Darrin P
Seller's Agent
Andy Erselius
AE Realty, Inc
Buyer's Agent
Andy Erselius
AE Realty, Inc
List Price
$285,000
Sold Price
$200,000
Premium/Discount to List
-$85,000
-29.82%
Views
42
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
$75,900
Avg. Annual Appreciation
22.85%
Original Mortgage
$100,000
Interest Rate
7.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 8, 2008
Sold by
Grace Jo Ann
Bought by
Sutfin Robert M and Sutfin Anita L
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 |
|---|---|---|---|
| Ehret Darrin P | $200,000 | None Listed On Document | |
| Sutfin Robert M | $201,750 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ehret Darrin P | $100,000 | |
| Closed | Ehret Darrin P | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2023 12/01/23 | Sold | $200,000 | -20.0% | $69 / Sq Ft |
| 10/19/2023 10/19/23 | Pending | -- | -- | -- |
| 10/13/2023 10/13/23 | Price Changed | $250,000 | -12.3% | $86 / Sq Ft |
| 10/10/2023 10/10/23 | For Sale | $285,000 | -- | $98 / Sq Ft |
Source: NoCoast MLS
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 | $4,166 | $268,900 | $35,520 | $233,380 |
| 2023 | $4,044 | $268,900 | $35,520 | $233,380 |
| 2022 | $3,954 | $215,980 | $29,900 | $186,080 |
| 2021 | $3,954 | $203,760 | $28,210 | $175,550 |
| 2020 | $3,792 | $203,760 | $28,210 | $175,550 |
| 2019 | $3,902 | $200,470 | $28,210 | $172,260 |
| 2018 | $3,852 | $200,470 | $28,210 | $172,260 |
| 2017 | $3,708 | $200,470 | $28,210 | $172,260 |
| 2016 | $3,828 | $200,470 | $28,210 | $172,260 |
| 2015 | -- | $200,470 | $28,210 | $172,260 |
| 2014 | -- | $200,470 | $28,210 | $172,260 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: NoCoast MLS
MLS Number: NOC6312184
APN: 450-1456500
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