NOT LISTED FOR SALE

66350 Lincoln Hwy Nevada, IA 50201

Estimated Value: $486,000 - $572,000

4 Beds
3.5 Baths
1,877 Sq Ft
$282/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $380,000 $202 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,300/month

24 Days on Market

Highlights

  • Deck
  • 3 Car Attached Garage
  • 1-Story Property
  • Central Elementary School Rated A-
  • Machine Shed
  • Central Air

About This Home

As of March 2020

Picturesque setting for this 4 bedroom, 4 bath area, ranch home east of Nevada. Hard surface road and drive lead you to this beautiful treed setting. Step into this home with new flooring and paint throughout. Relax in front of the woodburning fireplace on the main level and enjoy the serene view out the back. Two dining areas and a breakfast bar give great space for a family to spread out.The lower level has great finish - and includes a pool table, exercise equipment and a basement refrig. The three car attached garage and 24 x 40 utility shed is every buyer's dream for storing mowers, extra vehicles and equipment. Don't forget the new roof - giving a buyer peace of mind. You will want to get into see this awesome acreage as soon as you can - these properties do not come along everyday!

Last Agent to Sell the Property

Matt Law

Coldwell Banker Mid America Group License #S631390 Listed on: 01/13/2020

Last Buyer's Agent

James Horstman

Hunziker & Assoc.-Ames License #S62423

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,966

Year Built

  • Built in 1995

Lot Details

  • 2 Acre Lot
  • Property has an invisible fence for dogs
  • Level Lot
  • Property is zoned Res/ A-1 Ag

Parking

  • 3 Car Attached Garage

Home Design

  • Farm
  • Poured Concrete
  • Wood Trim

Interior Spaces

  • 1,877 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Well House

Farming

  • Machine Shed

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Rural Water
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1111100235

Property Details

Property Type

Other

Est. Annual Taxes

$4,966

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Farm
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Road Surface Type: Hard Surface
  • Directions: From Nevada - Go East on Lincoln Hwy to property - or from Hwy 30, go East to 650th Ave - turn North - proceed to Lincoln Hwy - Turn East to home.
  • Above Grade Finished Sq Ft: 1877.0
  • Architectural Style: 1 Story
  • Garage Yn: Yes
  • Year Built: 1995
  • Foundation:Poured: Yes
  • Water Heater:Electric2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Floor:Carpet: Yes
  • Floor:Laminate: Yes
  • Features:Sump Pump2: Yes
  • Features:Deck-Wood: Yes
  • Features:Ceiling Fan(s): Yes
  • Terrain:Level: Yes
  • Outbuildings:Machine Shed: Yes
  • Features:Invisible Fence: Yes
  • Water:Rural: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Has Basement: Daylight, Sump Pump
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1500.0
  • Flooring: Laminate, Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Daylight: Yes
  • Fireplace:Wood10: Yes
  • Interior Trim:Oak2: Yes

Exterior Features

  • Fencing: Invisible
  • Lot Features: Level
  • Construction Type: Steel
  • Exterior Features: Basketball Hoop
  • Foundation Details: Poured
  • Other Structures: Machine Shed
  • Patio And Porch Features: Deck-Wood

Garage/Parking

  • General Information:Garage Type2: Attached
  • General Information:Garage Capacity: 3

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Rural
  • Heating:Propane: Yes
  • Sewer Septic: Yes
  • Heating:Heat Pump: Yes

Schools

  • Junior High Dist: Nevada

Lot Info

  • Lot Size Sq Ft: 104544.0
  • Parcel #: 1111100235
  • Zoning: Res/ A-1 Ag
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2020
Closed on
Mar 28, 2020
Sold by
Merefeld Nick and Merefeld Heidi D
Bought by
Thompson Kyle J and Elliott Kelly R
Seller's Agent
Matt Law
Coldwell Banker Mid America Group
Buyer's Agent
James Horstman
Hunziker & Assoc.-Ames
List Price
$400,000
Sold Price
$380,000
Premium/Discount to List
-$20,000
-5%
Current Estimated Value
$529,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,727
Avg. Annual Appreciation
6.09%
Original Mortgage
$265,000
Outstanding Balance
$237,287
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$285,869

Purchase Details

Closed on
Jun 6, 2007
Sold by
Smith Claude Allan and Smith Christine Lynn
Bought by
Merfeld Nick and Merfeld Heidi D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,500
Interest Rate
6.26%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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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
Thompson Kyle J $380,000 None Available
Merfeld Nick $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Kyle J $265,000
Closed Merfeld Nick $117,000
Previous Owner Merfeld Heidi $55,000
Previous Owner Merfeld Heidi D $249,895
Previous Owner Merfeld Nick $21,500
Previous Owner Merfeld Nick $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2020 03/30/20 Sold $380,000 -5.0% $202 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $400,000 -- $213 / Sq Ft
Source: Central Iowa Board 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 $4,966 $459,600 $153,600 $306,000
2023 $4,930 $459,600 $153,600 $306,000
2022 $4,856 $369,300 $128,000 $241,300
2021 $4,862 $369,300 $128,000 $241,300
2020 $4,746 $343,700 $108,800 $234,900
2019 $4,746 $343,700 $108,800 $234,900
2018 $4,630 $308,200 $96,000 $212,200
2017 $4,630 $308,200 $96,000 $212,200
2016 $4,682 $313,100 $96,000 $217,100
2015 $4,682 $313,100 $96,000 $217,100
2014 $4,742 $313,100 $96,000 $217,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 53750

APN: 11-11-100-235