Very unique with many possibilities, this 6 BR, 5 BA property on 4 acres is approx 18 miles W of Muscatine in the L-M school district. It includes both a 3 BR 3 BA ranch home AND a 3 BR 2 BA 2 story home connected by a walkway at the BM level. There is a shared 3 car heated garage. Numbers below are for both homes combined. There are separate MLS style data sheets in the documents section for each house. . There is also a more detailed description of the properties on a supplement sheet. The supplement can also be viewed in the photo section. All square footages, dimensions, sizes and details are taken from county records and/or previous MLS data and are not guaranteed. Buyers shall make own determination as to these specs. See supplement for more extensive description. This property is a very unique offering. There are 2 homes on a single 4.06 acre parcel. When the current owners purchased the property in 2021 the large ranch home (main home) was basically just a framed in shell. There was no interior finish. Since purchasing it, the sellers have completed the interior. The main home is 4,490 finished square feet on the main level with a 4,490 square foot unfinished basement. The kitchen, living room and dining area are presented as one large great room. There are several rooms that could be used for any number of purposes such as rec rooms, family rooms, foyer, office, etc. The bedrooms are all large. The raw square footage of this home allows all rooms be on the large side making for a very roomy, comfortable living experience. There are uncluttered views of country setting from most all rooms. The auxiliary house was the living quarters before the main home was built. It is a large home in its own right boasting 1,734 square feet on 2 levels plus a 1,020 square foot basement. This home would be ideal for use as a rental to help with expenses or as a second home for owners that need separate living quarters for dependent family members. Any number of uses could apply. The auxiliary home also has a 3 car attached garage which could be shared with the main home. The main MLS sheet shows the data for the main home. In the documents section there is a similar MLS type data sheet for the auxiliary home. In the photos section there are exterior dimensional sketches from court house data. Also, their is a photo of the floor plan for the main house. The interior photos are labeled as to whether it is for the Main House or the Auxiliary House. The property taxes shown on both MLS data sheets of $5,695.36 are for entire property as a parcel (both houses and land) is is not the amount for each house.
For sale
Price cut: $50K (9/12)
$699,900
20349 County Road G40, Letts, IA 52754
6beds
5baths
6,224sqft
Single Family Residence
Built in 2001
4.06 Acres Lot
$666,100 Zestimate®
$112/sqft
$-- HOA
What's special
- 166 days
- 337
- 7
Zillow last checked:
Listing updated:
Listed by:
PETE HATFIELD,
EXIT REALTY GROUP
Source: Muscatine BOR,MLS#: 26-209
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Dishwasher
- Laundry: Main Level
Features
- Basement: Sump Pump,Full
- Has fireplace: Yes
Interior area
- Total structure area: 6,224
- Total interior livable area: 6,224 sqft
- Finished area above ground: 5,510
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Levels: One
Lot
- Size: 4.06 Acres
Details
- Parcel number: 0304454000
- Zoning: AD
- Zoning description: AD
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
Condition
- Year built: 2001
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
- Utilities for property: Propane
Community & HOA
Location
- Region: Letts
Financial & listing details
- Price per square foot: $112/sqft
- Tax assessed value: $525,770
- Annual tax amount: $5,695
- Date on market: 4/17/2026
Estimated market value
$666,100
$633,000 - $699,000
$5,773/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2026 | Price change | $699,900-6.7%$112/sqft |
Source: Muscatine BOR #26-209 Report a problem | ||
| 4/17/2026 | Listed for sale | $749,900-50%$120/sqft |
Source: Muscatine BOR #26-209 Report a problem | ||
| 11/30/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/1/2021 | Price change | $1,500,000-14.3%$241/sqft |
Source: Owner Report a problem | ||
| 6/28/2021 | Price change | $1,750,000-5.4%$281/sqft |
Source: Owner Report a problem | ||
| 4/18/2021 | Listed for sale | $1,850,000+603.4%$297/sqft |
Source: Owner Report a problem | ||
| 2/12/2021 | Sold | $263,000-0.8%$42/sqft |
Source: | ||
| 12/14/2020 | Listed for sale | $265,000-10.2%$43/sqft |
Source: Robertson Real Estate Inc #202007018 Report a problem | ||
| 11/6/2020 | Listing removed | $295,000$47/sqft |
Source: Robertson Real Estate Inc #202004912 Report a problem | ||
| 4/18/2020 | Price change | $295,000-9.2%$47/sqft |
Source: Robertson Real Estate Inc #202001135 Report a problem | ||
| 2/6/2020 | Price change | $325,000-7.1%$52/sqft |
Source: Robertson Real Estate Inc #202001135 Report a problem | ||
| 11/5/2019 | Listed for sale | $350,000$56/sqft |
Source: Robertson Real Estate Inc #20196616 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,578 +29.1% | $525,770 +6.1% |
| 2024 | $4,322 -8.8% | $495,740 +24.1% |
| 2023 | $4,740 +2.9% | $399,560 +4.7% |
| 2022 | $4,606 +4.7% | $381,640 |
| 2021 | $4,398 +9.4% | $381,640 +10.7% |
| 2020 | $4,022 +7.4% | $344,660 +8.7% |
| 2019 | $3,744 -5.4% | $316,990 +12.9% |
| 2018 | $3,957 +10.8% | $280,860 +0.1% |
| 2017 | $3,572 -7.3% | $280,600 |
| 2016 | $3,852 | $280,600 |
| 2015 | $3,852 | $280,600 -0.5% |
| 2014 | $3,852 +16% | $282,040 |
| 2013 | $3,320 -3.2% | $282,040 +0.4% |
| 2012 | $3,430 | $281,047 -1.3% |
| 2011 | -- | $284,807 -4% |
| 2010 | $3,554 +6.5% | $296,828 |
| 2009 | $3,338 -3.2% | $296,828 +1.9% |
| 2008 | $3,450 | $291,334 |
Find assessor info on the county website
Monthly payment
Est. payment



