NOT LISTED FOR SALE

5081 40th St Searsboro, IA 50242

Estimated Value: $236,000 - $449,000

8.87 Acres
$35,487 Price per Acre
386,377 Sq Ft Lot

Last Sold March 18, 2022

Last sale price $250,000 $289 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,896/month

Highlights

  • Ranch Style House
  • No HOA
  • Tile Flooring
  • Lynnville-Sully Elementary School Rated A-
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Lot

As of March 2022

This cozy acreage has the most amazing views that look out onto the over 8 wooded acres included. Open concept kitchen/dining and living room is very spacious as well as 2 bedrooms and a full bath on the main floor. Basement has a large bedroom which is currently used as the master, half bath with plumbing for shower, an area perfect for TV room or playroom, a laundry room and walkout. Come check it out soon as land doesn't last long!

Last Agent to Sell the Property

ChyAnne Huyser

Realty ONE Group Impact Listed on: 10/14/2021

Realty ONE Group Impact

Last Buyer's Agent

ChyAnne Huyser

Realty ONE Group Impact Listed on: 10/14/2021

Realty ONE Group Impact

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,941

Year Built

  • Built in 1964

Lot Details

  • 8.87 Acre Lot
  • Irregular Lot

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • Family Room Downstairs
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Stove
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5903320500

Property Details

Property Type

Land

Est. Annual Taxes

$1,941

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: Ranch
  • Architecture: Traditional
  • Lp Amt Sq Ft: 293.98
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 289.35
  • Termite: Call Listing Agent
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Interior Amenities: Laminate Floors, Smoke Detector, Tile Floors, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Basement Description: Walkout
  • Sq Ft Bsmt: 864
  • Sq Ft Fin Bsmt: 648
  • Dining Room: Eat In Kitchen
  • Family Room: 1st Floor, Lower Level
  • Included Items: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 864
  • Total Sq Ft: 864

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Gravel
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage Sq Ft: 480
  • Garage: 2 Attached
  • Garage Parking Stalls: 2

Utilities

  • Sewer: Septic
  • Water: Rural
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lynnville-Sully

Lot Info

  • Acres: 8.8700
  • Lot S F: 386377
  • Lot Shape: Irregular
  • Assessor Parcel Number: 5903320500
  • Zoning: RES

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: 1941.32
  • Net Taxes: 1834.00

MLS Schools

  • School District: Lynnville-Sully

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Mar 18, 2022
Sold by
Jansen Tyler J and Jansen Ryanne
Bought by
Reese Michael Joseph and Reese Sarah Elizabeth
Seller's Agent
ChyAnne Huyser
Realty ONE Group Impact
Buyer's Agent
ChyAnne Huyser
Realty ONE Group Impact
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Current Estimated Value
$314,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,767
Avg. Annual Appreciation
4.07%
Original Mortgage
$225,000
Outstanding Balance
$208,555
Interest Rate
2.38%
Mortgage Type
New Conventional
Estimated Equity
$78,821

Purchase Details

Listed on
Mar 23, 2012
Closed on
Jul 31, 2012
Sold by
Carlson Adam B and Carlson Paige L
Bought by
Jansen Tyler J
Seller's Agent
Raenelle Bryan
Bryan Realty Inc
Buyer's Agent
Raenelle Bryan
Bryan Realty Inc
List Price
$144,900
Sold Price
$142,000
Premium/Discount to List
-$2,900
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$144,897
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reese Michael Joseph $250,000 Wallace Joseph F
Jansen Tyler J $142,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reese Michael Joseph $225,000
Closed Reese Sarah Elizabeth $225,000
Previous Owner Jansen Tyler J $144,897
Previous Owner Carlson Paige L $75,200
Previous Owner Carlson Paige L $245,000
Previous Owner Carlson Adam B $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $250,000 -1.6% $289 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
12/03/2021 12/03/21 Price Changed $254,000 -3.4% $294 / Sq Ft
10/25/2021 10/25/21 Price Changed $263,000 -4.4% $304 / Sq Ft
10/14/2021 10/14/21 For Sale $275,000 +93.7% $318 / Sq Ft
08/01/2012 08/01/12 Sold $142,000 -2.0% $164 / Sq Ft
06/22/2012 06/22/12 Pending -- -- --
03/23/2012 03/23/12 For Sale $144,900 -- $168 / 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 $2,324 $229,800 $62,000 $167,800
2023 $2,186 $229,800 $62,000 $167,800
2022 $2,070 $188,780 $49,610 $139,170
2021 $2,070 $178,090 $46,800 $131,290
2020 $1,798 $155,020 $39,000 $116,020
2019 $1,588 $155,020 $39,000 $116,020
2018 $1,566 $132,930 $30,000 $102,930
2017 $1,622 $132,930 $30,000 $102,930
2016 $1,626 $132,930 $30,000 $102,930
2015 $1,626 $132,930 $30,000 $102,930
2014 $1,416 $120,500 $25,500 $95,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 639681

Des Moines Area Association of REALTORS®

APN: 590-3320500