NOT LISTED FOR SALE

408 NE 3rd St Stuart, IA 50250

Guthrie County Neighborhood

Estimated Value: $50,000 - $141,085

2 Beds
1 Bath
1,064 Sq Ft
$87/Sq Ft Est. Value

Sale Details

Date Sold: December 17, 2025

Last sale price $50,000 $47 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $624 / mo

28 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Family Room
  • No HOA

About This Home

As of December 2025

Attention Investors! This 2-bedroom (with potential for a 3rd on main level), 1-bath home near Stuart Elementary is the perfect rental or rehab project. The property features newer siding installed approximately two years ago and offers 1,092 sq ft of living space on a generous lot. With plenty of opportunity for updates and value-add improvements, this home is a great option for those seeking long-term returns. Don’t miss the chance to add this solid property to your portfolio! Home sold as-is - cash or rehab loan welcome.

Last Agent to Sell the Property

David Stone, REALTOR

LPT Realty, LLC Listed on: 09/24/2025

LPT Realty, LLC

Last Buyer's Agent

David Stone, REALTOR

LPT Realty, LLC Listed on: 09/24/2025

LPT Realty, LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 140x60

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,064 Sq Ft Home
  • Family Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0001355400

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 46.99
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 46.99
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Family Room: 1st Floor
  • Living Area Sq Ft: 1064
  • Total Sq Ft: 1064

Exterior Features

  • Exterior: See Remarks
  • Foundation: Block
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt

Garage/Parking

  • Driveway: Gravel
  • Garage Sq Ft: 480
  • Garage: 1 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central, See Remarks, Window Unit
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1900
  • Lot S F: 8276
  • Lot Size: 140X60
  • Assessor Parcel Number: 0001355400
  • Zoning: R

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1331.00
  • Net Taxes: 1332.00
  • Tax Year: 2024

MLS Schools

  • School District: West Central Valley

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2025
Closed on
Nov 26, 2025
Sold by
Bought by
Seller's Agent
David Stone, REALTOR
LPT Realty, LLC
Buyer's Agent
David Stone, REALTOR
LPT Realty, LLC
List Price
$50,000
Sold Price
$50,000
Views
21
Current Estimated Value
$93,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,021
Avg. Annual Appreciation
172.18%
Original Mortgage
$65,000
Outstanding Balance
$64,626
Interest Rate
6.26%
Mortgage Type
Construction
Estimated Equity
$28,395
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Guthrie County, IA

  • Matthew Young Real Estate Agent - Keller Williams Realty GDM

    Matthew Young

    Keller Williams Realty GDM

    (515) 444-5805

    52 Total Sales

    1 in Guthrie County

    $395,000 Price

    Matthew Young
     Section Image
  • Brandon Winn Real Estate Agent - Iowa Realty Mills Crossing

    Brandon Winn

    Iowa Realty Mills Crossing

    (515) 305-3383

    125 Total Sales

    1 in Guthrie County

    $320,000 Price

    Brandon Winn
     Section Image
  • Chris Kew Real Estate Agent - RE/MAX Precision

    Chris Kew

    RE/MAX Precision

    (515) 500-2960

    281 Total Sales

    13 in Guthrie County

    $155K - $978K Price Range

    Chris Kew
     Section Image
  • Kyle Olson Real Estate Agent - Exit Country Realty

    Kyle Olson

    Exit Country Realty

    (515) 417-1560

    132 Total Sales

    1 in Guthrie County

    $262,500 Price

    Kyle Olson
     Section Image
  • Ginger Atcheson Real Estate Agent - Real Estate Property Solutions, LLC

    Ginger Atcheson

    Real Estate Property Solutions, LLC

    (515) 400-3340

    195 Total Sales

    1 in Guthrie County

    $178,000 Price

    Ginger Atcheson
     Section Image
  • Adam Bugbee Real Estate Agent - Real Broker, LLC

    Adam Bugbee

    Real Broker, LLC

    (515) 400-3855

    235 Total Sales

    1 in Guthrie County

    $374,900 Price

    Adam Bugbee
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $65,000
Previous Owner $32,327
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/17/2025 12/17/25 Sold $50,000 0.0% $47 / Sq Ft
10/22/2025 10/22/25 Pending -- -- --
09/24/2025 09/24/25 For Sale $50,000 -- $47 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,332 $87,000 $13,800 $73,200
2024 $1,332 $77,900 $16,200 $61,700
2023 $1,272 $77,900 $16,200 $61,700
2022 $1,154 $61,900 $16,200 $45,700
2021 $1,154 $61,900 $16,200 $45,700
2020 $1,328 $58,900 $13,900 $45,000
2019 $1,408 $0 $0 $0
2018 $1,360 $0 $0 $0
2017 $1,408 $0 $0 $0
2016 $1,408 $0 $0 $0
2015 $1,436 $56,870 $0 $0
2014 $1,360 $56,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    David Stone, REALTOR

    LPT Realty, LLC

    (515) 523-5023

    7 in this area

    9 Total Sales

    David Stone, REALTOR
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 726839

Des Moines Area Association of REALTORS®

APN: 0001355400

Iowa Guthrie County Stuart 50250 Guthrie County

408 NE 3rd St, Stuart, IA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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