49955 Teakwood Rd Walnut, IA 51577
4
Beds
3
Baths
2,552
Sq Ft
2.42
Acres
About This Home
As of July 2025Not only a NEW PRICE but the home comes with a REDUCED RATE as low as 6.125% (APR 6.375) as of 5/16/2025 through List & Lock TM. This is a seller paid rate buydown that reduces the buyer's interest rate and monthly payment. Terms apply, see disclosures for more information. Country living at its best!! Located South of Walnut just off Hwy. 83, you'll enjoy countryside views all around. This 4 bedroom home had an 800 SF addition put on in 2022 which allowed for a main floor master bedroom with walk in closet & bath and main floor laundry. Beautiful kitchen has dining space and a sun room off to the west to enjoy those sunsets. Off the living room is another room which works great for an office or could be another bedroom. Upstairs boasts 3 bedrooms (one non conforming) and a large family room. Outside is a great garage/workshop for the hobbyist. Could have horses as there are 2 stalls included. Only a short distance to Atlantic and close to Omaha or Des Moines with I-80 access. Don't wait - call today for a tour.
Last Agent to Sell the Property
Atlantic Home Realty License #*** Listed on: 06/25/2024
Last Buyer's Agent
Outside Agent-WCIR Outside Agent-WCIR
Outside Office
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,640
Year Built
- Built in 1920
Parking
- 2
Additional Features
- Partial Basement
- Lot Dimensions are 267.12x450.67
- Forced Air Heating System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 18, 2023
Sold by
Virginia Despars Trust
Bought by
Virginia Despars Trust and Despars
Purchase Details
Listed on
May 20, 2016
Closed on
Nov 8, 2016
Sold by
Hbi Llc
Bought by
Gacke Adam J and Gacke Ashley
Seller's Agent
Chuck Smallwood
NP Dodge RE Mo Valley Team
Buyer's Agent
Non Member
Peterson Bros Realty
List Price
$224,900
Sold Price
$195,000
Premium/Discount to List
-$29,900
-13.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$185,250
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 30, 2008
Sold by
Coatney Mavis Ann
Bought by
Thomas Peter L and Thomas Amber J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,981
Interest Rate
6.3%
Mortgage Type
FHA
Similar Home in Walnut, IA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $195,000 | Attorney | |
| Warranty Deed | $155,000 | Title Services |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $185,250 | New Conventional | |
| Previous Owner | $13,124 | Stand Alone Second | |
| Previous Owner | $152,981 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | Sold | $378,900 | 0.0% | $148 / Sq Ft |
| 07/25/2025 07/25/25 | Pending | -- | -- | -- |
| 06/27/2025 06/27/25 | For Sale | $378,900 | 0.0% | $148 / Sq Ft |
| 06/26/2025 06/26/25 | Off Market | $378,900 | -- | -- |
| 05/17/2025 05/17/25 | Price Changed | $378,900 | -1.6% | $148 / Sq Ft |
| 04/04/2025 04/04/25 | Price Changed | $384,900 | -2.6% | $151 / Sq Ft |
| 01/03/2025 01/03/25 | For Sale | $395,000 | 0.0% | $155 / Sq Ft |
| 12/27/2024 12/27/24 | Off Market | $395,000 | -- | -- |
| 09/26/2024 09/26/24 | Price Changed | $395,000 | -3.6% | $155 / Sq Ft |
| 07/29/2024 07/29/24 | Price Changed | $409,900 | -2.2% | $161 / Sq Ft |
| 07/10/2024 07/10/24 | Price Changed | $419,000 | -6.9% | $164 / Sq Ft |
| 06/25/2024 06/25/24 | For Sale | $450,000 | +130.8% | $176 / Sq Ft |
| 11/21/2016 11/21/16 | Sold | $195,000 | -13.3% | $111 / Sq Ft |
| 08/30/2016 08/30/16 | Pending | -- | -- | -- |
| 05/19/2016 05/19/16 | For Sale | $224,900 | -- | $128 / 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 | $3,640 | $317,900 | $45,700 | $272,200 |
| 2023 | $3,640 | $317,900 | $45,700 | $272,200 |
| 2022 | $2,780 | $205,800 | $44,400 | $161,400 |
| 2021 | $4,080 | $205,800 | $44,400 | $161,400 |
| 2020 | $2,576 | $189,300 | $27,930 | $161,370 |
| 2019 | $2,606 | $189,300 | $27,930 | $161,370 |
| 2018 | $2,534 | $189,300 | $27,930 | $161,370 |
| 2017 | $2,260 | $158,650 | $27,930 | $130,720 |
| 2015 | $2,236 | $158,650 | $27,930 | $130,720 |
| 2014 | $2,210 | $158,650 | $27,930 | $130,720 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Deborah Waterbury
Atlantic Home Realty
(712) 249-1468
77 Total Sales
-
O
Buyer's Agent in 2025
Outside Agent-WCIR Outside Agent-WCIR
Outside Office
-
C
Seller's Agent in 2016
Chuck Smallwood
NP Dodge Real Estate Sales, Inc.
-
N
Buyer's Agent in 2016
Non Member
Peterson Bros Realty
Map
Source: NoCoast MLS
MLS Number: NOC6318714
APN: 7738-20-200-003
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