$350,000
SOLD JUN 12, 2019

505 W Summit St Lucas, IA 50151

39 Acres
$8,974 Price per Acre
1,698,840 Sq Ft Lot

Recently Sold

$132 Per Sq Ft

8% Below List Price

704 Days on Market

Highlights

  • 39 Acre Lot
  • No HOA
  • Family Room
  • Mud Room
  • Central Air
  • Dining Area

About This Lot

As of November 2020

It is a pleasure to present to you this outstanding acreage located in Lucas County. This is a beautiful acreage comprised of brick home built a top the hills of southern Iowa with views for Miles. From the front window of the home you can see beautiful southern Iowa pastures as well as the thousands of acres of public forest. Brick home was built in 2003 offering owners everything they could ask for. Hard wood flooring runs through the kitchen and living area. Home offers Master Bedroom and bath on the first floor with lots of storage throughout the home. The second floor offers the balance of the bedrooms that are all great size and offer views of southern Iowa. Just a short drive down the hill property offers a 40 x 60 building that has endless opportunity. Building is currently being used for equipment storage and livestock runs but offers space to convert to whatever your needs may be.

Last Agent to Sell the Property

Adam Curran

Peoples Company Listed on: 07/07/2017

Last Buyer's Agent

Adam Curran

Peoples Company Listed on: 07/07/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,278

Year Built

  • Built in 2003

Lot Details

  • 39 Acre Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,658 Sq Ft Home
  • 1.5-Story Property
  • Mud Room
  • Family Room
  • Dining Area
  • Unfinished Basement

Bedrooms and Bathrooms

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Utilities

  • Central Air
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0514451002

Property Details

Property Type

Land

Est. Annual Taxes

$3,278

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 141.08
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 131.68
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 1

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1772
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Other Rooms: Mud Room
  • Living Area Sq Ft: 2658
  • Total Sq Ft: 2658

Exterior Features

  • Exterior: Brick
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Gravel

Garage/Parking

  • Driveway: Gravel
  • Garage: 2 Attached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Propane

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Chariton

Lot Info

  • Acres: 39.0000
  • Assessor Parcel Number: 0514451002
  • 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: 3278.00
  • Net Taxes: 3278.00

MLS Schools

  • School District: Chariton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2017
Closed on
May 31, 2019
Sold by
Seuferer Susan J and Seuferer Robin J
Bought by
Phillips Robert W and Phillips Erin
Seller's Agent
Adam Curran
Peoples Company
Buyer's Agent
Adam Curran
Peoples Company
List Price
$380,000
Sold Price
$350,000
Premium/Discount to List
-$30,000
-7.89%
Current Estimated Value
$526,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,654
Avg. Annual Appreciation
9.26%
Original Mortgage
$200,000
Interest Rate
4.1%
Mortgage Type
New Conventional
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 $350,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Closed $206,959 FHA
Closed $200,000 New Conventional
Previous Owner $236,700 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $295,000 -1.6% $111 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $299,900 -14.3% $113 / Sq Ft
06/12/2019 06/12/19 Sold $350,000 -7.9% $132 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
07/07/2017 07/07/17 For Sale $380,000 -- $143 / Sq Ft
Source: Des Moines 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 $18 $155,017 $1,057 $153,960
2023 $3,892 $1,057 $1,057 $0
2022 $3,632 $184,485 $765 $183,720
2021 $3,222 $184,620 $900 $183,720
2020 -- $153,900 $900 $153,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 543470

Des Moines Area Association of REALTORS®

APN: 0514451003