NOT LISTED FOR SALE

7109 T Ave Oelwein, IA 50662

Estimated Value: $264,000

3 Beds
1 Bath
-- Sq Ft
80 Acres

Last Sold October 19, 2023

Last sale price $1,408,000

Current estimated payment $1,679/month

32 Days on Market

Highlights

  • 80 Acre Lot
  • Forced Air Heating System
  • Farm

About This Home

As of October 2023

Fayette County, Iowa ABSOLUTE Land Auction – Mark your calendar for Tuesday, September 12th, 2023! Peoples Company is pleased to offer the sale of 80 acres m/l located northwest of Oelwein and south of Westgate, Iowa. The farmland will be offered via Public Auction as one tract and will take place at 10:00 AM at the Westgate American Legion Post 92. There will be NO RESERVE. This 80-acre m/l farm consists of land consists of 75.47 FSA cropland acres carrying a CSR2 of 89.4 and an acreage site along paved T Avenue boasting a wealth of potential. Of the cropland acres, 72.34 acres m/l are currently planted to alfalfa. The soil types on this farm are some of the best in the area and include Kenyon, Clyde & Readlyn loams. The acreage site includes a 1,116 square foot 1-1/2 story home built in 1900 and multiple outbuildings. The three-bedroom, one-bath home features a newer roof and siding. Visit our website for more information regarding this Auction!

Last Agent to Sell the Property

Travis Smock

Peoples Company License #*** Listed on: 08/11/2023

Last Buyer's Agent

Travis Smock

Peoples Company License #*** Listed on: 08/11/2023

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,578

Year Built

  • Built in 1900

Lot Details

  • 80 Acre Lot
  • No Common Walls
  • Property is zoned Agriculture

Home Design

  • Farm
  • Metal Siding

Interior Spaces

  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Propane

Property Details

Property Type

Other

Est. Annual Taxes

$3,578

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Farm, Other
  • Accessible: None
  • Legal Description: The East Half (E1/2) of the Southeast Quarter (SE1/4) of Section 35, Township 92 North, Range 10 West of the 5th P.M., Fayette County, Iowa. The exact legal description to be taken from the Abstract.
  • Municipality: Oelwein
  • Year Built: 1900
  • House Or Land: Includes House
  • Stories: 1.5 Stories
  • OFFICELIST_ADDRESS: 7109 T Avenue
  • Distribute To Internet: Yes
  • List Office I D: 909
  • Sales Office I D: 909
  • Selling Agent: 3831
  • Street Designation: Avenue
  • Building Style: Other
  • Special Features: None

Interior Features

  • Common Walls: No
  • Living Area Units: Square Feet
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Basement: Unfinished
  • Fireplace: No

Exterior Features

  • Exterior: Metal
  • Foundation Size: 728

Garage/Parking

  • Fuel: Propane

Utilities

  • Air Conditioner: Window
  • Heating: Forced Air

Fee Information

  • Tax Class: FARM

Lot Info

  • Acres: 80
  • Geo Update Timestamp: 2023-08-11
  • Assessment Pending: No
  • Lot Size Sq Ft: 3484800
  • Lot Size Units: Acres
  • Tillable Acres: 75.47
  • Zoning: Agriculture

Tax Info

  • Tax Year: 2023
  • Gross Taxes: 3578
  • Net Taxes: 3578

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Nov 5, 2023
Sold by
Brown Inez D
Bought by
Burns Barbara and Boehm Bart
Seller's Agent
Travis Smock
Peoples Company
Buyer's Agent
Travis Smock
Peoples Company
List Price
$1
Sold Price
$1,408,000
Premium/Discount to List
$1,407,999
140799900%
Views
44
Current Estimated Value
$264,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,144,000
Avg. Annual Appreciation
-52.32%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Burns Barbara -- None Listed On Document
Burns Barbara -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2023 10/19/23 Sold $1,408,000 +140799900.0% --
09/12/2023 09/12/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $1 -- --
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
2025 $3,752 $228,050 $228,050 $0
2024 $3,752 $224,100 $181,330 $42,770
2023 $3,618 $224,100 $181,330 $42,770
2022 $3,492 $176,990 $143,440 $33,550
2021 $3,492 $190,550 $157,000 $33,550
2020 $3,494 $187,940 $148,860 $39,080
2019 $3,338 $247,480 $0 $0
2018 $3,292 $247,480 $0 $0
2017 $3,124 $247,030 $0 $0
2016 $3,018 $247,030 $0 $0
2015 $3,018 $0 $0 $0
2014 $2,488 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6310503

NoCoast MLS

APN: 13-35-400-006