SOLD JAN 30, 2026

Off Market Jan 2026 for $960K

$944,203

Est. refi paymentEst. refi $6,317/mo

•

1,408

sq ft

148 Valley Rd, Montezuma, IA 50171

About this home

Enter this home and feel immediately connected to Lake Ponderosa life! With open floor plan, effortless flow from indoor to outdoors, and stunning lake views, this 3-bedroom, 2-bathroom home feels fresh, new, and perfect for hosting family and friends. Inside, enjoy a spacious custom kitchen, custom blinds, added square footage with a 4 seasoned windowed porch and other thoughtful updates. Outdoors, every detail is designed for gathering! Relax on the newly extended, covered concrete patio area on the lower level accessed from the family room, get the ribs on in the barbecue area with easy kitchen access to another new patio area, or enjoy sunrises on the new spacious extended concrete area. A new lake front shed with electrical provides even more flexibility for seating, storage and keeping drinks cold. The enlarged dock seating area and amphitheater-style firepit create the ideal lakefront hangout. With new landscaping, fresh sod, and a 4-car garage, this property is ready for your lake days ahead. If outdoor living matters as much to you as the home itself, then this lake home is for you. This is definitely a must-see lake property. Schedule your showing today.

Single-familyProperty Type

1989Year Built

0.27 acresLot Size

$671Est. Price/Sq.Ft.

4 car garageParking

Listed by Christina Behun • Iowa Realty Newton

Contact: 641-521-7091

Bought with Christina Behun • Iowa Realty Newton

Redfin checked: 2 minutes ago

•Source:DMMLS #728165

Redfin Estimate

$944,203

$16K since sold in January 2026$5,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 112% higher than the average sale price ($445K) of 6 comparable homes.

SOLD JUL 2, 2026
$400,000
A
3 beds2 baths1,152 sq ft
203 Woodland Rd, Montezuma, IA 50171
SOLD NOV 26, 2025
$155,000
B
3 beds2 baths1,352 sq ft
101 Hill St St, Searsboro, IA 50242
SOLD AUG 7, 2026
207 E Oak St, New Sharon, IA 50207
$227,000
C
3 beds2 baths960 sq ft
207 E Oak St, New Sharon, IA 50207
SOLD MAY 15, 2026
$1,000,000
D
3 beds2 baths2,163 sq ft
129 Cottage Ln, Montezuma, IA 50171
SOLD FEB 6, 2026
$125,000
E
3 beds2 baths1,664 sq ft
702 E Liberty St, Montezuma, IA 50171
SOLD JUL 17, 2026
$765,000
F
3 beds2.5 baths2,264 sq ft
207 Woodland Rd, Montezuma, IA 50171

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Earn from this home

Refinance

Est. cash available

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Rent

$2,854/mo

Redfin rental estimate

List your home for rent

Market trends in 50171, IA

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.2%

+2.5% MoM

Median sale price

$325K

$42K MoM

Avg. days on market

33d

2 days MoM

Recently sold homes

0 MoM

New listings for sale

NEW 4 HRS AGO
$219,000
3 beds2 baths1,120 sq ft
806 E Washington St, Montezuma, IA 50171
$625,000
3 beds3.5 baths2,544 sq ft
111 S 12th St, Montezuma, IA 50171
See all

Provided by Redfin

Sale history for 148 Valley Rd

Date

Event

Price

DMMLS #728165

Jan 30, 2026

Sold

$960,000

$682/sq ft

Nov 25, 2025

Pending

—

Oct 10, 2025

Listed

$1,028,000

$730/sq ft

DMMLS #686861

May 3, 2024

Sold

$706,000

$501/sq ft

Dec 21, 2023

Listed

$728,000

$517/sq ft

Dec 21, 2023

Listing Removed

—

+27

Showstopper! This beautiful lake home was a total rebuild with additions in 2016. The lake views from this home are outstanding. You can enjoy the views from the large custom kitchen, living room, family room and guest room. With 2 bedrooms you'll find the first-floor master bedroom spacious with a large walk-in closet and a nicely sized 2nd bedroom on the lower level. The over 60 feet lake front, spacious covered deck, lower patio, fire pit area and aluminum dock with sitting for 4 offers so much outdoor space to enjoy. The lakeside shed and over 1000 square foot of garage offer plenty of storage as well. This lake home is one of a kind and ready for a family to enjoy Lake Ponderosa.

Public Records

Feb 27, 2009

Sold

$211,000

$150/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$5,442 (−0.5%)

$253,280 + $394,280

$647,560

2024

$5,470 (+9.2%)

$218,880 + $341,240

$560,120

2023

$5,010 (−0.8%)

$218,880 + $341,240

$560,120

2022

$5,050 (+16.7%)

$218,880 + $341,240

$560,120

2021

$4,328 (+1.8%)

$156,340 + $245,000

$401,340

2020

$4,250 (+9.7%)

$156,340 + $245,000

$401,340

2019

$3,874 (+23.9%)

$131,330 + $204,810

$336,140

2018

$3,126 (+24.3%)

$131,330 + $204,810

$336,140

2017

$2,514 (+1.5%)

$109,440 + $135,510

$244,950

2016

$2,478 (+5.4%)

$109,440 + $135,510

$244,950

2015

$2,350 (+11.2%)

$100,060 + $89,960

$190,020

2014

$2,114

$92,240 + $89,960

$182,200

Tax history for 148 Valley Rd

Year

Property tax

Land + Additions

Assessment*

2025

$5,442 (−0.5%)

$253,280 + $394,280

$647,560

2024

$5,470 (+9.2%)

$218,880 + $341,240

$560,120

2023

$5,010 (−0.8%)

$218,880 + $341,240

$560,120

2022

$5,050 (+16.7%)

$218,880 + $341,240

$560,120

2021

$4,328 (+1.8%)

$156,340 + $245,000

$401,340

2020

$4,250 (+9.7%)

$156,340 + $245,000

$401,340

2019

$3,874 (+23.9%)

$131,330 + $204,810

$336,140

2018

$3,126 (+24.3%)

$131,330 + $204,810

$336,140

2017

$2,514 (+1.5%)

$109,440 + $135,510

$244,950

2016

$2,478 (+5.4%)

$109,440 + $135,510

$244,950

2015

$2,350 (+11.2%)

$100,060 + $89,960

$190,020

2014

$2,114

$92,240 + $89,960

$182,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

0.27 Acres

Year renovated

1989

Sq. Ft.

2,048

Year built

1989

Style

Single Family Residential

County

Poweshiek County

APN

3445300

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 26, 2026.

Property details

Parking

Garage/Carport Information
Has Garage
# of Garage Spaces: 4

Parking
Features: Detached, Garage

Interior

Virtual Tour

Bedroom Information
# of Main Level Bedrooms: 2

Bathroom Information
# of Full Bathrooms: 2

Laundry Information
Features: Main Level

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Features: Gas, Vented

Equipment
Appliances: Built-In Oven, Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer

Interior Features
Other Features: Dining Area, Window Treatments

Exterior

Building Information
Stories: 1
Roof Details: Asphalt, Shingle
Construction Details: Vinyl Siding

Exterior Features
Exterior Features: Patio
Patio And Porch Features: Covered, Patio
Security Features: Security System

Lot Information
Lot Size Area: 0.27
Lot Size Acres: 0.27
Lot Features: Irregular Lot
Road Surface Type: Gravel
Zoning: res

Property Information
Below Grade Finished Area: 640
Foundation Details: Poured

Financial

Tax Information
Annual Tax Amount: $5,441.44

Utilities

Utility Information
Sewer: Septic Tank
Water Source: Public

Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Propane

Public facts

Beds: 2
Baths: 2.5
Sq. Ft.: 2,048
Stories: 1.0
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1989
Year Renovated: 1989
County: Poweshiek County
APN: 3445300

Home facts updated by county records on Aug 26, 2026

Around this home

Schools

Montezuma Elementary School

Public PreK-5 • Assigned • 3.5mi

9/10

Montezuma Junior High School

Public 6-8 • Assigned • 3.5mi

6/10

Montezuma High School

Public 9-12 • Assigned • 3.5mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 103° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Montezuma, IA • 50171

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.1 hours in June and 4 hours in December, which is comparable to the U.S. average for solar exposure.

10.1 hrs

4 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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New listings for sale in 50171

NEW 4 HRS AGO

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$625,000

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Home values near 148 Valley Rd

Data from public records.

Address	Redfin Estimate
127 Valley Road, Montezuma, IA 1 Beds \| 1 Baths \| 1180 Sq. Ft.	$207,814
146 Valley Road, Montezuma, IA - Beds \| 2 Baths \| 1540 Sq. Ft.	$550,069

Address	Redfin Estimate
150 Valley Road, Montezuma, IA 4 Beds \| 2.5 Baths \| 2240 Sq. Ft.	$718,682
124 Valley Road, Montezuma, IA 6 Beds \| 3.5 Baths \| 1152 Sq. Ft.	$944,651

Address	Redfin Estimate
136 Valley Road, Montezuma, IA 3 Beds \| 2.5 Baths \| 1276 Sq. Ft.	$851,814
115 Valley Road, Montezuma, IA - Beds \| 1 Baths \| 960 Sq. Ft.	$190,903

Property information provided by DMMLS when last listed in 2025. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 50171, IA

Sale history for 148 Valley Rd

Tax history for 148 Valley Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 50171

Home values near 148 Valley Rd

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