NOT LISTED FOR SALE

54 Arrowhead Rd Melrose, IA 52569

Estimated Value: $62,000 - $92,000

1 Bed
1 Bath
600 Sq Ft
$134/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $70,000 $117 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $552/month

67 Days on Market

Highlights

  • Lake View
  • 1 Car Detached Garage
  • Living Room
  • Ranch Style House

About This Home

As of September 2022

Located in Indian Ridge, this cabin sits on 3 lots with a lake and pond view (with a beach) offers everything you need for your perfect getaway! 1BR, 1 BA, with a loft that can be used for storage or an extra sleeping space. Add a kitchenette to this open concept floor plan. Finish the walls and floors and make it your own! A heating/cooling wall unit as well as a window air conditioner in the bedroom will keep this place comfortable year-round! Garage has plenty of space for your vehicle or recreational vehicles and storage space. Extra parking space, complete with 30amp connection, water, and sewer dump are waiting for you or your guests' camper to hook up effortlessly! Retaining wall has been built with reinforcement, and cabin has been anchored. A cabin with a lake view at this price won't last long! Call today for a private showing!

Last Agent to Sell the Property

Carie Leon

Iowa Realty South Lakes Listed on: 05/21/2022

Iowa Realty South Lakes

Last Buyer's Agent

Carie Leon

Iowa Realty South Lakes Listed on: 05/21/2022

Iowa Realty South Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $176

Year Built

  • Built in 2019

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 90 x 100
  • 040F01400047,040F01400055

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 600 Sq Ft Home
  • Living Room
  • Lake Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • 100 Amp Service
  • Shared Sewer

Community Details

  • Association fees include water
  • Property managed by Indian Ridge Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$176

Year Built

Built in 2019

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: INDIANRIDGE LT 54
  • Municipality: Melrose
  • Year Built: 2019
  • OFFICELIST_ADDRESS: 54 Arrowhead Road
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2022-05-21
  • List Office I D: 710
  • Sales Office I D: 710
  • Selling Agent: 4659
  • Street Designation: Road
  • Building Style: Ranch
  • Bedroom 1 Level: Main
  • Special Features: None

Interior Features

  • Common Walls: No
  • Bedrooms: 1
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: No
  • Bedroom 3: No
  • Bedroom 4: No
  • Total Bathrooms: 1
  • Basement: Other
  • Dining Room: No
  • Family Room: No
  • Kitchen: No
  • Living Room: Living Room
  • Price Per S Q F T: 116.67
  • Above Grade Finished Sq Ft: 600
  • Fireplace: No
  • Total Finished Sq Ft: 600
  • Three Quarter Bathrooms: 1
  • Living Room Level: Main

Exterior Features

  • Lake Waterfront: Lake View
  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Metal
  • Foundation Size: 600
  • Lake Waterfront Name: Rathbun Reservoir
  • Road Between Waterfront And Home: Yes
  • Roof: Metal

Garage/Parking

  • Description: Detached Garage
  • Fuel: Electric
  • Garage Sq Ft: 494

Utilities

  • Air Conditioner: Ductless Mini-Split, Window
  • Garage Stalls: 1
  • Heating: Ductless Mini-Split
  • Sewer: Shared System
  • Water: City Water/Connected
  • Electric: 100 Amp Service

Association/Amenities

  • Complex/Development/Subdivision: Indianridge

Condo/Co-op/Association

  • HOA Fee Includes: Water
  • Association Fee YN: Yes
  • Association Fee: 725
  • Management Company: Indian Ridge Association
  • Association Management Company Phone Number: 000-000-0000
  • Association Fee Frequency: Annually

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Wayne
  • School District Number: 6854
  • School District Phone: 641-872-2184

Lot Info

  • New Develop: No
  • Acres: 0.21
  • Additional Parcels Description: 040F01400047,040F01400055
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 90 x 100
  • Lot Size Sq Ft: 9148
  • Lot Size Units: Acres

Green Features

  • Certification: No

Rental Info

  • Availability: Available
  • Rental License: No

Tax Info

  • Tax With Assessments: 176
  • Tax Year: 2021
  • Gross Taxes: 176

MLS Schools

  • School District: 6854 - Wayne
  • School District Name: Wayne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
Sep 2, 2022
Sold by
Doonan John S and Doonan Sharon L
Bought by
Hennessey Bret and Hennessey Kimberly
Seller's Agent
Carie Leon
Iowa Realty South Lakes
Buyer's Agent
Carie Leon
Iowa Realty South Lakes
List Price
$99,900
Sold Price
$70,000
Premium/Discount to List
-$29,900
-29.93%
Total Days on Market
67
Current Estimated Value
$80,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,525
Avg. Annual Appreciation
3.91%

Purchase Details

Closed on
Sep 22, 2013
Sold by
Atwell Starla and Atwell Sundance
Bought by
Whitham Gay Marie
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
Hennessey Bret $70,000 --
Whitham Gay Marie -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2022 09/07/22 Sold $70,000 -6.7% $117 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/19/2022 07/19/22 Price Changed $75,000 -11.2% $125 / Sq Ft
06/01/2022 06/01/22 Price Changed $84,500 -15.4% $141 / Sq Ft
05/21/2022 05/21/22 For Sale $99,900 -- $167 / 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
2024 $644 $48,950 $5,510 $43,440
2023 $432 $48,950 $5,510 $43,440
2022 $364 $27,690 $5,510 $22,180
2021 $176 $23,690 $2,300 $21,390
2020 $176 $10,570 $2,300 $8,270
2019 $32 $1,840 $1,840 $8,270
2018 $32 $1,840 $1,840 $0
2017 $30 $1,836 $0 $0
2016 $40 $2,195 $0 $0
2015 $40 $1,736 $0 $0
2014 $32 $1,736 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: NoCoast MLS

MLS Number: NOC6199533

NoCoast MLS

APN: 040F01400054