NOT LISTED FOR SALE

504 S 4th St Montezuma, IA 50171

Estimated Value: $131,000 - $176,855

0.2 Acre
$776,070 Price per Acre
8,712 Sq Ft Lot

Last Sold March 31, 2023

Last sale price $23,500 $15 Per Sq Ft

Est. 560% increase in value since last sale

Current estimated payment $845/month

44 Days on Market

About This Lot

As of March 2023

Looking for a building site in a great rural community or possibly additional storage space? Check out this single residential lot in Montezuma, Iowa situated in established neighborhood with existing 22' x 24' garage with access from alley. Montezuma has much to offer is located just 8 minutes south of I-80 midway between Des Moines Metro and Iowa City/Cedar Rapids Corridor. Garage offers two separate overhead doors with openers. Utilities are easily accessible, but not currently hooked up. Call for more details.

Last Agent to Sell the Property

Andy Erselius

AE Realty, Inc License #*** Listed on: 01/09/2023

Last Buyer's Agent

Joel Kercheval

K-F-G Agency, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $250

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • Detached Second Garage

Property Details

Property Type

Land

Est. Annual Taxes

$250

Lot Details

0

Listing Details

  • Legal Description: JOHNSONS 2ND LOT 5 BLOCK 3
  • Municipality: Montezuma
  • OFFICELIST_ADDRESS: 504 S 4th Street
  • Distribute To Internet: Yes
  • List Office I D: 537
  • Sales Office I D: 2748
  • Street Designation: Street
  • Building Style: Lots & Land
  • Sellling Agent: 2106
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Price Per S Q F T: 117500

Exterior Features

  • Outbuildings: Additional Garage

Fee Information

  • Tax Class: LOTS & LAND

Lot Info

  • Acres: 0.2
  • Geo Update Timestamp: 2023-01-10
  • Total Assessed Value: 13660
  • Assessment Pending: No
  • Homestead Description: None
  • Lot Size Sq Ft: 8712
  • Lot Size Units: Acres
  • Plat Recorded: Yes
  • Zoning: Residential-Single Family

Tax Info

  • Tax Year: 2022
  • Gross Taxes: 250
  • Net Taxes: 250

MLS Schools

  • School District: 4437 - Montezuma

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2023
Closed on
Mar 21, 2023
Sold by
Eichenberger Matthew J and Eichenberger Bessana L
Bought by
Frank James and Frank Rebecca
Seller's Agent
Andy Erselius
AE Realty, Inc
Buyer's Agent
Joel Kercheval
K-F-G Agency, Inc
List Price
$35,000
Sold Price
$23,500
Premium/Discount to List
-$11,500
-32.86%
Views
17
Current Estimated Value
$155,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,714
Avg. Annual Appreciation
110.27%
Original Mortgage
$18,643
Outstanding Balance
$17,357
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving
Estimated Equity
$137,857

Purchase Details

Closed on
Nov 18, 2022
Sold by
Hicks Mitchell
Bought by
Eichenberger Matthew J and Hartman Harley James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,472
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 30, 2022
Sold by
Quinlan Gary J and Quinlan Tamara L
Bought by
Hicks Mitchell and Watts Kelsey Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,472
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 24, 2007
Sold by
Sims Russell A and Sims Kyle L
Bought by
Delvaux Jeffery J and Delvaux Laurie S
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 Buyer Sale Price Title Company
Frank James $23,500 --
Eichenberger Matthew J $15,000 --
Hicks Mitchell $154,000 --
Delvaux Jeffery J $84,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank James $18,643
Previous Owner Eichenberger Matthew J $25,472
Previous Owner Hicks Mitchell $138,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $23,500 -16.1% $15 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/01/2023 02/01/23 Price Changed $28,000 -20.0% $17 / Sq Ft
01/09/2023 01/09/23 For Sale $35,000 -- $22 / Sq Ft
Source: NoCoast 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
2025 $262 $20,470 $14,260 $6,210
2024 $278 $17,900 $12,670 $5,230
2023 $256 $17,900 $12,670 $5,230
2022 $250 $13,660 $10,070 $3,590
2021 $250 $12,890 $9,500 $3,390
2020 $818 $37,830 $9,500 $28,330
2019 $842 $43,220 $9,500 $33,720
2018 $830 $43,220 $9,500 $33,720
2017 $800 $43,220 $9,500 $33,720
2016 $826 $43,220 $9,500 $33,720
2015 -- $43,220 $9,500 $33,720
2014 -- $43,220 $9,500 $33,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6305028

NoCoast MLS

APN: 450-1422400