4901 Valley Farm Rd Central City, IA 52214
3
Beds
3
Baths
2,790
Sq Ft
8.38
Acres
Highlights
- Deck
- 3 Car Attached Garage
- Patio
- Recreation Room
- Eat-In Kitchen
- Central Air
About This Home
As of August 2025Your Dream Acreage Awaits – Breathtaking Views + Versatile Living Space! Behind property is timber owned by the county available for hunting.
If you’ve been searching for peace, privacy, and potential—this stunning 8+ acre property checks every box.( virtual staging)
Enjoy sweeping views overlooking Pinicon Ridge Park, with lush grass, mature trees, and a serene pond just off the expansive back deck. This property offers two full living spaces—ideal for multi-generational living or guests. The lower level is set up as a full mother-in-law suite with its own kitchen, large bedroom, and spacious living area. Upstairs features an open-concept main floor with plenty of natural light and room to relax or entertain.
But that’s not all—there’s also a large shop with endless possibilities! One half is concrete, and perfect for woodworking or mechanical projects, complete with a private bar and separate room. The other half is ready for livestock, hobbies, or additional workspace.
Plus, with the county owning land behind the property, you’ll enjoy incredible privacy and unobstructed beauty all year round.
This is more than just a home—it’s a lifestyle. Don’t miss your chance to own this incredible piece of paradise.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,941
Year Built
- Built in 1998
Lot Details
- 8.38 Acre Lot
- Fenced
Parking
- 3 Car Attached Garage
- Garage Door Opener
Home Design
- Poured Concrete
- Frame Construction
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Gas Fireplace
- Family Room
- Combination Kitchen and Dining Room
- Recreation Room
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
Schools
- Central City Elementary And Middle School
- Central City High School
Utilities
- Central Air
- Heating System Uses Gas
- Well
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 023427600400000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2025
Closed on
Aug 6, 2025
Sold by
Matthews Rick D and Matthews Susan K
Bought by
Serbousek Deborah
Seller's Agent
Pattie Fox
Realty87
Buyer's Agent
Cheri Hill
Keller Williams Legacy Group
List Price
$550,000
Sold Price
$475,000
Premium/Discount to List
-$75,000
-13.64%
Views
139
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
463.83%
Purchase Details
Closed on
Sep 18, 1998
Sold by
Masterhan Verle V and Masterhan Mary A
Bought by
Matthews Rick D and Matthews Susan K
Similar Homes in Central City, IA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $475,000 | None Listed On Document | |
| Warranty Deed | $475,000 | None Listed On Document | |
| Warranty Deed | $16,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $236,250 | New Conventional | |
| Previous Owner | $280,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Sold | $475,000 | -4.8% | $170 / Sq Ft |
| 07/18/2025 07/18/25 | Pending | -- | -- | -- |
| 07/13/2025 07/13/25 | Price Changed | $499,000 | -5.0% | $179 / Sq Ft |
| 05/12/2025 05/12/25 | Price Changed | $525,000 | -4.5% | $188 / Sq Ft |
| 04/24/2025 04/24/25 | For Sale | $550,000 | -- | $197 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,154 | $402,900 | $93,500 | $309,400 |
| 2023 | $5,154 | $402,900 | $93,500 | $309,400 |
| 2022 | $5,206 | $344,400 | $93,500 | $250,900 |
| 2021 | $4,672 | $344,400 | $93,500 | $250,900 |
| 2020 | $4,672 | $294,000 | $58,400 | $235,600 |
| 2019 | $3,398 | $218,200 | $13,600 | $204,600 |
| 2018 | $3,316 | $218,200 | $13,600 | $204,600 |
| 2017 | $3,272 | $212,300 | $15,400 | $196,900 |
| 2016 | $3,348 | $212,300 | $15,400 | $196,900 |
| 2015 | $3,408 | $217,100 | $18,600 | $198,500 |
| 2014 | $3,254 | $217,100 | $18,600 | $198,500 |
| 2013 | $3,148 | $217,100 | $18,600 | $198,500 |
Source: Public Records
Agents Affiliated with this Home
-
Pattie Fox
P
Seller's Agent in 2025
Pattie Fox
Realty87
(319) 573-0547
176 Total Sales
-
Cheri Hill
Buyer's Agent in 2025
Cheri Hill
Keller Williams Legacy Group
(319) 551-0075
35 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2502935
APN: 02342-76004-00000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 4889 Valley Farm Rd
- 5050 Shady Oak Ave
- 257 5th St N
- 43 River St S
- 832 E Main St
- 1258 Rollins Rd
- 1350 Waubeek Rd
- 100 5th Ave Ct
- 104 5th Ave Ct
- 403 3rd St S
- 321 3rd St S
- 130 3rd Ave E
- 304 3rd St S
- 113 E Vinton St
- 517 E Linn St
- 215 2nd St N
- 0 Tbd Boulder Cemetery Rd Unit LotWP001
- TBD Boulder Cemetery Rd
- 0 Tbd Boy Scout Rd Unit 24471680
- 0 Tbd Boy Scouts Rd Unit LotWP004