NOT LISTED FOR SALE

5041 Valley Farm Rd Central City, IA 52214

Estimated Value: $196,000 - $349,000

3 Beds
1 Bath
1,595 Sq Ft
$193/Sq Ft Est. Value

Last Sold December 01, 2017

Last sale price $121,000 $76 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $1,944/month

8 Days on Market

Highlights

  • Wooded Lot
  • 2 Car Detached Garage
  • Living Room
  • Main Floor Primary Bedroom
  • Forced Air Cooling System
  • Fenced

About This Home

As of December 2017

This home sets in a beautiful setting tucked away in rural Central City, this property has mature trees and looks on to the Waspi River. With 3.7 acres, 1 out building and a few smaller sheds, its someones paradise. There is 2 bedrooms and 1 bath on the main and living space and the 3rd bedroom on the upper level. The house on the lot does needs work, so roll up your sleeves and get to work.

Last Agent to Sell the Property

Penny Novak

SKOGMAN REALTY Listed on: 10/24/2017

SKOGMAN REALTY

Last Buyer's Agent

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,899

Year Built

  • 1920

Lot Details

  • 3.7 Acre Lot
  • Fenced
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,595 Sq Ft Home
  • 1.5-Story Property
  • 1.75 Story Property
  • Living Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Propane
  • Well

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,899

Year Built

1920

Lot Details

0

Listing Details

  • Style: 1.5 Story, 1.75 Story
  • Acres: 3.7000
  • Above Grade Finished Sq Ft: 1595
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Central City
  • Gross Tax: 1899
  • List User Cell Phone: 319-981-3484
  • Miscellaneous: Fencing, Storage Shed
  • Net Tax: 1899
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.10100
  • Ratio Close Price By Original Li: 1.10100
  • Ratio Current Price By Sq Ft: 75.86
  • Total Sq Ft: 1595
  • Water Sewer Roads: Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Appliances Included: Dishwasher, Range, Refrigerator
  • Additional Room: 1st Floor Laundry, Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5
  • Site Description: Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 2 Car+

Utilities

  • Heating Cooling: Central Air, Forced Air, Lp Heat

Schools

  • Elementary School: Central City
  • Middle School: Central City
  • High School: Central City

Lot Info

  • Lot Size: 3.7 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2017
Closed on
Nov 21, 2017
Sold by
Urban Financial Reo Llc
Bought by
Bixby Shane M and Miller Erin L
Seller's Agent
Penny Novak
SKOGMAN REALTY
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$109,900
Sold Price
$121,000
Premium/Discount to List
$11,100
10.1%
Current Estimated Value
$308,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,615
Avg. Annual Appreciation
12.81%
Original Mortgage
$96,800
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2010
Sold by
Mysak Sylvia A
Bought by
Mysak Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 5, 2008
Sold by
Mysak Richard L and Mysak Sylvia A
Bought by
Mysak Richard L and Mysak Sylvia A

Purchase Details

Closed on
Apr 24, 2008
Sold by
Mysak Richard L
Bought by
Mysak Richard L

Purchase Details

Closed on
Apr 27, 2005
Sold by
The Iowa Department Of Transportation and Wandro Mark F
Bought by
City Of Center Point
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
Bixby Shane M $121,000 None Available
Mysak Richard L -- None Available
Mysak Richard L -- None Available
Mysak Richard L -- None Available
City Of Center Point -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bixby Shane M $178,400
Closed Bixby Shane M $96,800
Previous Owner Mysak Richard L $127,500
Previous Owner Mysak Richard L $127,500
Previous Owner Mysak Richard L $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2017 12/01/17 Sold $121,000 +10.1% $76 / Sq Ft
11/01/2017 11/01/17 Pending -- -- --
10/24/2017 10/24/17 For Sale $109,900 -- $69 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

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 $3,304 $272,500 $80,000 $192,500
2023 $3,304 $272,500 $80,000 $192,500
2022 $2,202 $227,400 $80,000 $147,400
2021 $1,764 $154,300 $80,000 $74,300
2020 $1,764 $119,700 $48,900 $70,800
2019 $1,690 $115,600 $48,900 $66,700
2018 $1,838 $115,600 $48,900 $66,700
2017 $1,788 $117,400 $48,900 $68,500
2016 $1,884 $117,400 $48,900 $68,500
2015 $1,744 $107,000 $48,900 $58,100
2014 $1,580 $107,000 $48,900 $58,100
2013 $1,585 $107,000 $48,900 $58,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1709536

Cedar Rapids Area Association of REALTORS®

APN: 02284-51001-00000