Sold for $490,000

$490,000

1242 Valley Dr, Ellston, IA 50074

4beds

960sqft

Single Family Residence

Built in 1977

0.44 Acres Lot

$500,300 Zestimate^®

$510/sqft

$1,078 Estimated rent

Home value

$500,300

Estimated sales range

Not available

$1,078/mo

Zestimate^® history

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$1,078/mo

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$3,590/mo

Est. payment

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$3,590/mo

Est. payment

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What's special

Timbered adjoining lotFloating covered dockQuiet coveLake frontScreened in porchLots of shadeWalk out ranch

Rare find with this charming lake front, walk out ranch, 3 bedrooms, 2 bath home with bonus room in the basement on Sun Valley Lake in southern Iowa! Enjoy the tranquility of your home in this quiet cove just off the main channel. Enjoy the comforts of a wood burning fireplace for those cooler months and the sunshine in the warmer months. Floating covered dock is included! Entertainment bonuses include dining room for those family and friends and screened in porch overlooking cove and main channel or access from the basement family room and patio. Lots of shade in the timbered adjoining lot. Detached shed for storing the outside necessities. Private spring fed lake with great recreational boating and fishing. Easy commute from Des Moines, Kansas City and Omaha.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 2

Heating

Electric, Forced Air

Cooling

Central Air

Appliances

Included: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer

Features

Flooring: Carpet
Basement: Partially Finished,Walk-Out Access
Number of fireplaces: 1
Fireplace features: Wood Burning

Interior area

Total structure area: 960
Total interior livable area: 960 sqft
Finished area below ground: 800

Property

Features

Levels: One
Stories: 1
Patio & porch: Covered, Deck
Exterior features: Deck

Lot

Size: 0.44 Acres

Details

Parcel number: WV010902
Zoning: Res

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Frame

Condition

Year built: 1977

Utilities & green energy

Sewer: Community/Coop Sewer
Water: Rural

Community & HOA

Community

Features: Golf

HOA

Has HOA: Yes
HOA fee: $1,000 annually
HOA name: Sun Valley Lake Assoc
Second HOA name: Self

Location

Region: Ellston

Financial & listing details

Price per square foot: $510/sqft
Tax assessed value: $535,416
Annual tax amount: $7,994
Date on market: 5/16/2025
Cumulative days on market: 78 days
Listing terms: Cash,Conventional
Road surface type: Asphalt

Price history

Date	Event	Price
9/23/2025	Sold	$490,000-10.1%$510/sqft
Source: DMMLS #718312 Report a problem
8/4/2025	Pending sale	$545,000$568/sqft
Source: DMMLS #718312 Report a problem
6/30/2025	Price change	$545,000-8.4%$568/sqft
Source: DMMLS #718312 Report a problem
6/24/2025	Price change	$595,000-33.9%$620/sqft
Source: DMMLS #718312 Report a problem
5/16/2025	Listed for sale	$900,000$938/sqft
Source: DMMLS #718312 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,510 +1.3%	$535,416 +38.7%
2024	$5,440 -10.2%	$386,147
2023	$6,058 +3.5%	$386,147 +6.6%
2022	$5,854 +10.5%	$362,172
2021	$5,300 +0.6%	$362,172 +13.5%
2020	$5,269 +4.9%	$319,088
2019	$5,022 -0.5%	$319,088 +22.7%
2018	$5,046 +3%	$260,029
2017	$4,898 +2.9%	$260,029 +4.9%
2016	$4,762	$247,999 -0.6%
2015	$4,762 -0.3%	$249,470
2014	$4,776 -0.4%	$249,470
2013	$4,794 +1.4%	--
2012	$4,730 +5.3%	--
2011	$4,494 +19.8%	--
2010	$3,752 +16.8%	--
2009	$3,212 +3.2%	--
2008	$3,112 +24.9%	--
2007	$2,492	--