NOT LISTED FOR SALE

55055 Fallow Rd Pacific Junction, IA 51561

Estimated Value: $265,000 - $449,000

3 Beds
2.5 Baths
2,918 Sq Ft
$129/Sq Ft Est. Value

Sale Details

Date Sold: October 25, 2019

Last sale price $145,000 $50 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $2,414 / mo

84 Days on Market

Highlights

  • In Ground Pool
  • Waterfront
  • Wooded Lot
  • West Elementary School Rated A-
  • Deck
  • Cathedral Ceiling

About This Home

As of October 2019

Waterfront property with the potential to be an entertainers dream! PRICED $60,000 UNDER assessed value!! Enjoy great views, a large in ground pool equipped with a water slide, and nearly 2 acres of land. Over 2900 finished square feet, 3 bedrooms, and 3 bathroom areas. A little TLC will go along way in this rare find only 20 minutes from CB.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,606

Year Built

  • Built in 1971

Lot Details

  • Waterfront
  • Wooded Lot

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,918 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Family Room
  • Living Room
  • Formal Dining Room
  • Crawl Space
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2.5 Bathrooms

Outdoor Features

  • In Ground Pool
  • Deck

Schools

  • Glenwood Elementary And Middle School
  • Glenwood High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,606

Year Built

Built in 1971

Lot Details

1.72 Acres

HOA Fees

$90 per month

Listing Details

  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Air Conditioner: Electric Central, Window
  • Basement: Crawl
  • Basement: Crawl
  • Dining Facilities: Eat In Kitchen, Formal Dining
  • Fireplace: No
  • Interior Amenities: Cathedral Ceiling, Sky Light, Walk-in Closets, Extra Built-ins, Ceiling Fans
  • Kitchen Features: Dishwasher, Refrigerator, Microwave, Garbage Disposal, Gas Range
  • Laundry: Dryer Hookup, Washer Hookup
  • Lower Tri Level: None
  • Main Level: Baths, Other Bedrooms, Primary Bedroom, Kitchen, Living Room, Family Room, Dining
  • Ramp Access: No
  • Second Level: None
  • Sq Ft Main Floor: 2918.00
  • Stories: 1.0
  • Total Finished Sq Ft: 2918.00
  • Total Above Ground Finished Sq Ft: 2918.00

Beds/Baths

  • Bathrooms Above Grade: 2.5
  • Bathrooms Below Grade: None
  • Below Grade Bedrooms: None
  • Total Bathrooms: 2.50
  • Total Bedrooms: 3

Exterior Features

  • Exterior Amenities: Deck, In Grd Swimming Pool, Fence
  • New Construction: N
  • Roof: Composition
  • Site Amenities: Gravel Road, View, Wooded Lot, Waterfront
  • Style: Ranch

Garage/Parking

  • Garage: 2
  • Garage Features: Electric
  • Garage Type: Detached

Utilities

  • Heating: Gas Forced Air, Propane
  • Hot Water Heater: Gas
  • Services: Association Fees, Well, Septic, Propane-Own, Electrical

Association/Amenities

  • Association Fee: 90.00
  • Association Fee Frequency: Monthly
  • Association Fee: Y

Schools

  • Elementary School: GLENWOOD
  • High School: Glenwood
  • Jr High: Glenwood
  • School District: Glenwood

Lot Info

  • Flood Insurance: Not Required
  • Lot Size: 1.72
  • Lot Size Range: Over 1 up to 3 Acres

Building Info

  • Construction: Frame
  • Year Built: 1971

Tax Info

  • Current REIDS Year Paid: N/A
  • Net Taxes: 3606
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2019
Closed on
Oct 7, 2019
Sold by
Needham Steve
Bought by
Tapp Jared
List Price
$155,000
Sold Price
$145,000
Premium/Discount to List
-$10,000
-6.45%
Current Estimated Value
$375,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,646
Avg. Annual Appreciation
15.96%
Original Mortgage
$140,650
Outstanding Balance
$123,198
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$252,448
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Tapp Jared $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tapp Jared $140,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2019 10/25/19 Sold $145,000 -6.5% $50 / Sq Ft
08/22/2019 08/22/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $155,000 -- $53 / Sq Ft
Source: Southwest Iowa Association of Realtors®

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 $3,614 $304,635 $83,980 $220,655
2024 $3,619 $292,145 $83,980 $208,165
2023 $3,934 $295,704 $40,660 $255,044
2022 $3,750 $236,149 $40,660 $195,489
2021 $3,633 $236,149 $40,660 $195,489
2020 $3,628 $211,835 $33,345 $178,490
2019 $3,665 $215,411 $0 $0
2018 $3,611 $215,411 $0 $0
2017 $3,211 $206,806 $0 $0
Source: Public Records

Map

Source: Southwest Iowa Association of Realtors®

MLS Number: 19-975

Southwest Iowa Association of Realtors®

APN: 032320010000000

Iowa Mills County Pacific Junction 51561

55055 Fallow Rd, Pacific Junction, IA

Not Listed for Sale

Detached

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