$169,000
SOLD FEB 14, 2020

40214 Sumac Rd Avoca, IA 51521

5 Beds
1.5 Baths
2,234 Sq Ft
10 Acres

Recently Sold

$76 Per Sq Ft

14% Below List Price

65 Days on Market

Highlights

  • Horse Property
  • 1 Car Detached Garage
  • Shed
  • No HOA
  • Porch
  • Forced Air Heating System

About This Home

As of March 2025

Farmhouse built in 1920, well off gravel road with long lane, nestled in northern windbreak. Original woodwork throughout; flour bin; glassed china cabinet with access from dining and kitchen areas. Approximately 10-11 acres to be surveyed, with all outbuildings and residence included. Septic installed in 2008.

Last Agent to Sell the Property

Gail Hunter

BHHS Ambassador Real Estate License #20100187 Listed on: 10/31/2019

BHHS Ambassador Real Estate

Last Buyer's Agent

Jamie Leaders

Heartland Properties Inc License #20170057

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,077

Year Built

  • Built in 1920

Lot Details

  • 10 Acre Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 2,234 Sq Ft Home
  • 2.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Horse Property
  • Shed
  • Outbuilding
  • Storm Cellar or Shelter
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7740 26 300 003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,077

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Parcel Number: 7740 26 300 003
  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 10
  • Lot Size: irreg
  • Ownership: Fee Simple
  • Directions: I-80 to Shelby exit (380th St); south on 380th to Sumac; east on Sumac to acreage.
  • Above Grade Finished Sq Ft: 2234
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 2.5 Story
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Living Area: 2234
  • Main Level Bathrooms: 1
  • ResoLivingAreaSource: Assessor
  • Master Bedroom Master Bedroom Level: Main Floor

Exterior Features

  • Foundation Details: Brick/Mortar
  • Exterior Features: Storm Cellar, Horse Permitted
  • Fencing: Other
  • Home Warranty: No
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Porch
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Detached
  • Total Parking Spaces: 1

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Propane, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • High School: Other
  • Elementary School: Other
  • Junior High Dist: Other
  • Middle Or Junior School: Other

Lot Info

  • Property Attached Yn: No
  • Lot Features: Over 10 up to 20 Acres
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2077

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2025
Closed on
Mar 17, 2025
Sold by
Kramer Timothy and Kramer Alexandria
Bought by
Becker Jordan Michael and Kirkman Nathan Taylor
Seller's Agent
Riley Dollen
NP Dodge Real Estate - Council Bluffs
Buyer's Agent
Kate Reeker
BHHS Ambassador- Regency
List Price
$485,000
Sold Price
$485,000
Views
13
Current Estimated Value
$481,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,030
Avg. Annual Appreciation
-3.37%
Original Mortgage
$440,800
Outstanding Balance
$440,429
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$36,319

Purchase Details

Closed on
Mar 15, 2023
Sold by
Kramer Timothy and Kramer Alexandria Kay
Bought by
Kramer Timothy and Kramer Alexandria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2019
Closed on
Feb 12, 2020
Sold by
Capital Counsel Corp
Bought by
Kramer Timothy
Seller's Agent
Gail Hunter
BHHS Ambassador Real Estate
Buyer's Agent
Jamie Leaders
Heartland Properties Inc
List Price
$197,500
Sold Price
$169,000
Premium/Discount to List
-$28,500
-14.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.39%
Original Mortgage
$184,000
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Warranty Deed $485,000 Ambassador Title Services
Warranty Deed $485,000 Ambassador Title Services
Quit Claim Deed -- --
Warranty Deed $169,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $440,800 New Conventional
Previous Owner $60,000 Credit Line Revolving
Previous Owner $232,500 New Conventional
Previous Owner $184,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Sold $485,000 0.0% $218 / Sq Ft
01/05/2025 01/05/25 Pending -- -- --
01/03/2025 01/03/25 For Sale $485,000 +187.0% $218 / Sq Ft
02/14/2020 02/14/20 Sold $169,000 0.0% $92 / Sq Ft
02/14/2020 02/14/20 Sold $169,000 -12.2% $76 / Sq Ft
12/24/2019 12/24/19 Pending -- -- --
12/20/2019 12/20/19 Pending -- -- --
11/01/2019 11/01/19 Price Changed $192,500 -2.5% $86 / Sq Ft
10/16/2019 10/16/19 For Sale $197,500 0.0% $108 / Sq Ft
10/16/2019 10/16/19 For Sale $197,500 -- $88 / Sq Ft
Source: Great Plains Regional 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 $1,920 $174,400 $87,400 $87,000
2023 $1,908 $174,400 $87,400 $87,000
2022 $2,144 $165,000 $74,100 $90,900
2021 $3,237 $165,000 $74,100 $90,900
2020 $1,338 $165,100 $74,100 $91,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 21925886

Great Plains Regional MLS

APN: 7740 26 300 005