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Off market
  • $538,800

    2818 Highway 218, Montrose, IA 52639

    11beds
    7baths
    7,244sqft
    SingleFamily
    Built in 1992
    18.25 Acres Lot
    $538,800 Zestimate®
    $74/sqft
    $-- Estimated rent

    Home value

    $538,800

    $409,000 - $684,000

    Not available

    Zestimate® history
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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 not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 7
    Heating
    • Forced air
    Features
    • Flooring: Carpet, Hardwood
    • Basement: Finished
    Interior area
    • Total interior livable area: 7,244 sqft

    Property

    Parking
    • Total spaces: 3
    Features
    • Exterior features: Other
    Lot
    • Size: 18.25 Acres
    Details
    • Parcel number: 012318061000140

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Foundation: Concrete
    • Roof: Asphalt
    Condition
    • Year built: 1992

    Community & HOA

    Location
    • Region: Montrose

    Financial & listing details

    • Price per square foot: $74/sqft
    • Tax assessed value: $391,640
    • Annual tax amount: $4,240

    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
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