2298 Terrace Ave. Rippey, IA $ 725,000
2298 Terrace Ave.
$ 725,000
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2298 Terrace Ave.

Rippey, IA, 50235
$ 725,000
Baths0.0

Monthly Estimate*

$ 4,523

2298 Terrace Ave., Rippey, IA 50235 - Image 1
2298 Terrace Ave., Rippey, IA 50235 - Image 2
2298 Terrace Ave., Rippey, IA 50235 - Image 3
2298 Terrace Ave., Rippey, IA 50235 - Image 4
2298 Terrace Ave., Rippey, IA 50235 - Image 5
2298 Terrace Ave., Rippey, IA 50235 - Image 6
Studio

Farms/Ranches for sale in Rippey, IA

for $725,000. The lot size is 125.

This is a unique timber tract located 3.5 miles SW of Rippey, 10 miles NW of Perry and 35 miles NW of Grimes. The closest intersection is 320th Street and Terrace Avenue, The land lies on the north-east side of the North Raccoon River. The property is roughly 3/4 mile north to south and 3/8 to 1/2 mile wide. It is mostly rolling timber but the SW corner is on the Raccoon River floodplain about 100 yards from the current stream; the river would extend onto the property in flood stage. This is a large stand of mature oak, hickory, walnut and other native Iowa species plus some open hay land at the north end. The access is from the north via a permanent easement through land that the owners will be retaining for the time being. Rural water and electric are available at the road and can be extended to the 125 acres if needed. The timber has not had any trees harvested that we know of. The Hanson family has owned the land since 1937. A copy of a timber evaluation was done in 2012 and is currently being updated. There are no heavily traveled lanes through the timber except the deer trails but the land can be walked without too much trouble. There is about 6 acres of hay land to the north end. This can be rented to the present tenant if desired but would make a nice home or cabin site. The timber to the west was a partial gift and sale sold by the owner in 2015 to Greene County Conservation. This land is well marked with county conservation boundary signs. Gross: 125 A m/l

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Farms/Ranches Pending

Price

$ 725,000

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

$ 671

Style

Lot Size

125

Town/City

Rippey

County/Region

Greene

MLS | Web ID

6320627

Features
General
Zoning Agriculture Forestry Res
Architectural Style Other
Tax Year 2022
County Greene
Property Type Farm
Contingency None
Possible Use Recreational
Status Pending
Directions 10 Miles NW of Perry. From Perry take IA-144N towards Rippey. In Rippey take 290th St. West then slight lift on Hwy E57. Keep left to continue on Terrace Ave. for 2 miles. Entrance is at Terrance Ave
Association Name RLIT
Lot Size Units Acres
Lot Size Square Feet 5445000
Tax Annual Amount 671
Living Area Units Square Feet
Standard Status Pending
Legal Description 10 Miles NW of Perry. From Perry take IA-144N towards Rippey. In Rippey take 290th St. West then slight lift on Hwy E57. Keep left to continue on Terrace Ave. for 2 miles. Entrance is at Terrance Av
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Interior
Fireplace Y/N N
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Exterior
Lot Size Acres 125
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* Excluded Features
List By
Mark Gannon

Listing Agent

Gannon Real Estate & Consulting

Broker

mark@gannonre.com

Email

Affordability Calculator

$4,579
Per Month
99%
1%
0%
Monthly Principal & Interest
$4,523
Monthly Property Taxes
$56
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2024$725,000 Listed Price

Map


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2298 Terrace Ave., Rippey, IA, 50235 is a Farms/Ranches for sale at $725,000 with a lot size of 125. 2298 Terrace Ave. is a studio with 0.0 baths. The property's zip code is 50235 which is in Rippey, IA