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  • $406,800

    2818 Highway 218, Montrose, IA 52639

    11beds
    18.25Acres
    Unimproved Land
    Built in 1992
    18.25 Acres Lot
    $406,800 Zestimate®
    $56/sqft
    $2,456 Estimated rent

    Home value

    $406,800

    $289,000 - $545,000

    $2,456/mo

    Zestimate® history
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    $2,456/mo

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    $2,710/mo

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    $2,710/mo

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    What's special

    Check out this beautilful property in Lee County. The building itself has unlimited possibilities. Currently being used as a single family residence, it can easily be converted into apartments or Airbnb units for larger families. Originally built by the state in the early 1990's, A brand new metal roof in 2021 will keep it that way for years to come.4 New electric furnaces added by the previous owners. Located on a county highway between to major roads, it is easy to access if you wanted to have a business or host retreats. 11 decent sized bedrooms, 7 bathrooms and lots of wide open spaces make it ideal for groups to gather. Have a hobby that takes up a lot of space? The central gathering room has all the ceiling height you would want and opens to the fenced backyard. The wooded acres are a paradise to the curious woodsman. A man-made pond sits just below the house down a short trail. Tons of wildlife gather at the pond regularly. Owners motivated as they are moving out of state.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kim Hedges 319-759-4493,

    RE/MAX Real Estate Specialists

    Bought with:

    Kim Hedges, ***

    RE/MAX Real Estate Specialists

    Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6303967MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 7
    • Full bathrooms: 7
    Bedroom 2
    • Level: Main
    Bedroom 3
    • Level: Main
    Bedroom 4
    • Level: Main
    Other
    • Level: Main
    Dining room
    • Level: Main
    Other
    • Level: Main
    Other
    • Level: Main
    Other
    • Level: Main
    Other
    • Level: Main
    Other
    • Level: Main
    Family room
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Lower
    Heating
    • Forced Air
    Cooling
    • Central Air
    Features
    • Basement: Full,Walk-Out Access
    • Number of fireplaces: 1
    Interior area
    • Total interior livable area: 7,244 sqft
    • Finished area above ground: 5,294

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    Lot
    • Size: 18.25 Acres
    • Dimensions: 18.25 m/l
    Details
    • Parcel number: 012318061000140
    • Wooded area: 794970

    Utilities & green energy

    • Water: Rural/Municipality

    Community & neighborhood

    Location
    • Region: Montrose

    HOA & financial

    HOA
    • Has HOA: No
    • Association name: SEIA

    Price history

    DateEventPrice
    6/26/2023Sold$275,000-30.4%$38/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6303967 Report a problem
    5/12/2023Pending sale$395,000$55/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6303967 Report a problem
    4/10/2023Contingent$395,000$55/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6303967 Report a problem
    3/21/2023Price change$395,000-7.1%$55/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6303967 Report a problem
    1/6/2023Price change$425,000-4.5%$59/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6303967 Report a problem
    12/6/2022Price change$445,000-1.1%$61/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6303967 Report a problem
    11/7/2022Listed for sale$450,000+125.1%$62/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6303967 Report a problem
    5/19/2022Listing removed$199,900-11.2%$28/sqft
    Source: NoCoast MLS as distributed by MLS GRID #5702819 Report a problem
    6/24/2021Sold$225,000+12.6%$31/sqft
    Source: NoCoast MLS as distributed by MLS GRID #5702819 Report a problem
    4/7/2021Pending sale$199,900$28/sqft
    Source: NoCoast MLS as distributed by MLS GRID #5702819 Report a problem
    1/19/2021Listed for sale$199,900$28/sqft
    Source: NoCoast MLS as distributed by MLS GRID #5702819 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,240 +0.3%$391,640 +15.2%
    2024$4,226 +4.8%$339,820
    2023$4,034 -1.8%$339,820 +20.3%
    2022$4,106 -11.7%$282,410 -14.7%
    2021$4,650 $331,140 -2%
    2020$4,650 +3.8%$338,070
    2019$4,478 -6.9%$338,070 +4%
    2018$4,809 -48.1%$325,050 -31%
    2017$9,268 -6.6%$470,950
    2016$9,922 $470,950
    2015$9,922 -19.3%$470,950 -6.7%
    2014$12,296 $504,670

    Find assessor info on the county website

    Neighborhood: 52639

    Nearby schools

    GreatSchools rating