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Sold for $50,000
  • $50,000

    1491 125th St, Marengo, IA 52301

    4beds
    1,288sqft
    Single Family Residence
    Built in 1850
    2.14 Acres Lot
    $51,900 Zestimate®
    $39/sqft
    $1,216 Estimated rent

    Home value

    $51,900

    Estimated sales range

    Not available

    $1,216/mo

    Zestimate® history
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    What's special

    Great investment opportunity or sweat equity project! This home is situated on approximately two acres and has four outbuildings and a storage shed. Four bedrooms (one on the main level), bathroom, nice sized kitchen with a pantry, and a formal dining area. This property is in an estate and being sold “as is” with the seller making no repairs. 45 days required for closing due to the court approval processes. If buyer chooses inspections, there is a maximum of 5 business days to complete. In that situation, the 45 days starts from the end of that inspection period so everything can be submitted to the court in its final form. All contents in or on the property will not be removed by the seller, except, the camper, trailer and golf cart may be removed because of specific bequests to heirs. Any purchase offer lines that state it will need to be crossed through. Property is located in the 100 yr floodplain.

    Zillow last checked:

    Listing updated:

    Listed by:

    Amanda Brant 319-241-3999,

    Realty87

    Bought with:

    Amanda Brant

    Realty87

    Source: CRAAR, CDRMLS,MLS#: 2405563MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Laundry
    Other
    • Level: First
    Heating
    • Gas
    Appliances
    • Included: Range, Refrigerator
    • Laundry: Main Level
    Features
    • Dining Area, Separate/Formal Dining Room, Main Level Primary
    • Basement: Crawl Space,Partial
    Interior area
    • Total interior livable area: 1,288 sqft
    • Finished area above ground: 1,288
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached, Garage, See Remarks
    • Garage spaces: 1
    Features
    • Patio & porch: Deck
    Lot
    • Size: 2.14 Acres
    • Dimensions: 93,218
    Details
    • Parcel number: 000000071401049

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame, Wood Siding
    Condition
    • New construction: No
    • Year built: 1850

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Marengo

    Financial & listing details

    • Price per square foot: $39/sqft
    • Tax assessed value: $95,570
    • Annual tax amount: $1,127
    • Date on market: 8/9/2024
    • Listing terms: Cash

    Price history

    DateEventPrice
    1/24/2025Sold$50,000-50%$39/sqft
    Source: CRAAR, CDRMLS #2405563 Report a problem
    8/30/2024Pending sale$100,000$78/sqft
    Source: CRAAR, CDRMLS #2405563 Report a problem
    8/10/2024Listed for sale$100,000$78/sqft
    Source: CRAAR, CDRMLS #2405563 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,066 +746%$95,570
    2023$126 $95,570 +23.2%
    2022-- $77,550
    2021-- $77,550 +6.5%
    2020-- $72,810
    2019-- $72,810 +6.6%
    2018-- $68,280
    2017$5,500,000 +9900%$68,280
    2016$55,000 +9900%$68,280
    2015$550 $68,280 +2.6%
    2014$550 $66,580 +4.7%
    2013$550 $63,570
    Find assessor info on the county website

    Neighborhood: 52301

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Iowa Valley
    • Middle: Iowa Valley
    • High: Iowa Valley

    Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.