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For sale
  • $420,000

    3508 540th St SW, Riverside, IA 52327

    2beds
    1,220sqft
    : 
    $3,183/mo
    Get pre-qualified
    Single Family Residence
    Built in ----
    3.99 Acres Lot
    $405,100 Zestimate®
    $344/sqft
    $-- HOA

    What's special

    Beautiful red farmhousePeaceful rural surroundingsNewer flooringFresh interior paintExceptional collection of outbuildingsHigh-efficiency lp furnaceWood-burning heating system
    Escape to the quiet of the countryside while staying just minutes from the conveniences of town! Consisting of 3.99+/- acres, this versatile rural property sits approximately 10 +/- minutes from Riverside and only 20 +/- minutes from Iowa City, offering the perfect balance of access to nearby towns/cities and peaceful country living! As you pull into the property, you'll immediately be greeted by the wildlife that roam the surrounding woods and the wonderful setting the property provides. The primary feature of the property is the beautiful, red farmhouse! This 2 bedroom, 1 bathroom home has been updated over the years with newer flooring and fresh interior paint, creating a warm and inviting place to call home. Updated in 2025, there is a high-efficiency LP furnace, paired with a wood-burning heating system, offering an economical heating option during the winter months. One of the property's greatest assets is its exceptional collection of outbuildings. The detached two-stall garage is fully heated with in-floor heat, making it an ideal space for vehicles, or year-round workshop use. Just beyond the garage sits an approximately 30' x 40' shop featuring partial in-floor heat, providing abundant space for equipment, hobbies, woodworking, storage, or even a home business. Additional improvements include multiple wells, including a newer well servicing the home, along with updated septic and utility improvements completed in 2022 and 2021. The nearly 4+/- acres provide plenty of room to garden, raise a few animals, enjoy outdoor recreation, or simply relax and take in the peaceful rural surroundings. Properties offering this combination of country living, functional improvements, and close proximity to Iowa City are few and far between. If you are looking for a peaceful home with an even better location, this Riverside acreage is ready for its next owner to make it their own! All showings are by appointment only. Disclaimer: The boundary lines shown are approximate and are provided for general reference only. AHLC makes no representations or warranties, express or implied, as to the accuracy, completeness, or reliability of those property lines. Buyers are advised to obtain an independent survey to verify exact property boundaries.
    20 days
    |
    2,096
    |
    44
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Wade Whiting 563-349-8229,

    Arrowhead Land Company

    Source: My State MLS,MLS#: 11873204

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Basement
      • Area: 0
      Heating
      • Has Heating (Unspecified Type)
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,220
      • Total interior livable area: 1,220 sqft
      • Finished area above ground: 1,220

      Property

      Features
      • Fencing: Fenced
      • Waterfront features: Creek
      Lot
      • Size: 3.99 Acres
      Details
      • Additional structures: Shed(s), Barn(s), Workshop
      • Parcel number: 1519451003
      • Lease amount: $0

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 0

      Utilities & green energy

      • Electric: Amps(0)

      Community & HOA

      Community
      • Subdivision: Hills
      HOA
      • Has HOA: No
      Location
      • Region: Riverside

      Financial & listing details

      • Price per square foot: $344/sqft
      • Tax assessed value: $330,800
      • Annual tax amount: $3,920
      • Date on market: 7/7/2026
      • Date available: 06/29/2026
      • Listing agreement: Exclusive

        Estimated market value

        $405,100

        $385,000 - $425,000

        $1,455/mo

        Price history

        DateEventPrice
        7/7/2026Listed for sale$420,000-2.3%$344/sqft
        Source: My State MLS #11873204 Report a problem
        6/30/2026Listing removed--
        Source: Owner Report a problem
        5/14/2026Listed for sale$430,000+447.8%$352/sqft
        Source: Owner Report a problem
        12/3/2008Sold$78,500$64/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,920 +1.1%$330,800 +14%
        2024$3,879 +9.8%$290,300
        2023$3,534 +6.2%$290,300 +25.9%
        2022$3,328 +3%$230,500 -22.1%
        2021$3,230 +0.8%$295,900 +2.8%
        2020$3,204 -26.4%$287,800 -0.8%
        2019$4,354 $290,100 -0.7%
        2018$4,354 +1.9%$292,100
        2017$4,272 +138.9%$292,100 +125%
        2016$1,788 +4.7%$129,800
        2015$1,708 +3%$129,800 +2.3%
        2014$1,658 $126,900 +2.6%
        2012-- $123,708
        2011-- --
        2009-- $109,300 -5.3%
        2008-- $115,402 +5.9%
        2005$1,204 +10.3%$108,998 +6.2%
        2004$1,092 $102,598
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 52327

        Getting around

        0 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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