NOT LISTED FOR SALE

1001 Shae Dr Palo, IA 52324

Estimated Value: $339,927 - $432,000

3 Beds
2 Baths
1,990 Sq Ft
$193/Sq Ft Est. Value

Last Sold December 06, 2022

Last sale price $350,000 $176 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,321/month

71 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 3 Car Garage
  • John F. Kennedy High School Rated A-
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of December 2022

On over 2 acres close to Cedar Rapids this spacious ranch has an oversized 3 car attached and 1 car detached. Formal dining and living room with gas fireplace. Kitchen offers additional seating with area for table and a breakfast bar. Enjoy the quartz counters and tiled backsplash. Appliances included and a pantry. 1st floor laundry. Off the deck there is a fenced in area, and a spacious yard for garden and play. Tile floor in the entry and bath. Master bedroom has 2 closets. The lower level has endless possibilities. Drywalled and ready for your finish. Enjoy the feel of country living with scenic views of crops yet close to city for work or play. Located on non-thru street.

Last Agent to Sell the Property

Dan Kaestner

IOWA REALTY Listed on: 08/31/2022

IOWA REALTY

Last Buyer's Agent

Dan Kaestner

IOWA REALTY Listed on: 08/31/2022

IOWA REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,645

Year Built

  • 2001

Lot Details

  • 2.14 Acre Lot
  • Fenced

Parking

  • 3 Car Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,990 Sq Ft Home
  • Gas Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Propane
  • Community Well
  • Gas Water Heater
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,645

Year Built

2001

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 2.1400
  • Above Grade Finished Sq Ft: 1990
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Palo
  • Dining Features: Breakfast Bar, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 3645
  • List User Cell Phone: 319-560-2330
  • Miscellaneous: Cable Ready, Deck, Fencing
  • Net Tax: 3516
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.89767
  • Ratio Close Price By Original Li: 0.82353
  • Ratio Current Price By Sq Ft: 175.88
  • Total Sq Ft: 1990
  • Water Sewer Roads: Community Well, Septic System
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Site Description: In-Town Acrg

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, 3 Cars, Attached, Detached

Utilities

  • Heating Cooling: Central Air, Forced Air, Lp Heat

Schools

  • Elementary School: Viola Gibson
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: 2.14 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2003
Sold by
Dunn Lynn A and Dunn Jean E
Bought by
Novak Michael J and Novak Kimberly K
Current Estimated Value
$383,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,320
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2001
Sold by
Kwapil Joseph F and Kwapil Deanna R
Bought by
Dunn Lynn A and Dunn Jean E

Purchase Details

Closed on
Dec 11, 2000
Sold by
Kwapil Joseph F and Kwapil Deanna R
Bought by
Dunn Lynn A and Dunn Jean E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
6%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Novak Michael J $217,500 --
Dunn Lynn A $41,500 --
Dunn Lynn A $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Novak Michael J $81,500
Open Novak Michael J $176,000
Closed Novak Michael J $30,244
Closed Novak Michael J $14,709
Closed Novak Michael J $23,939
Closed Novak Michael J $15,758
Closed Novak Michael J $37,600
Closed Novak Michael J $174,320
Previous Owner Dunn Lynn A $37,000
Closed Novak Michael J $32,685
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2022 12/06/22 Sold $350,000 -10.2% $176 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
11/03/2022 11/03/22 Price Changed $389,900 -1.3% $196 / Sq Ft
10/18/2022 10/18/22 Price Changed $394,900 -1.3% $198 / Sq Ft
09/20/2022 09/20/22 Price Changed $399,900 -5.9% $201 / Sq Ft
08/31/2022 08/31/22 For Sale $425,000 -- $214 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $3,316 $284,200 $52,000 $232,200
2023 $3,316 $284,200 $52,000 $232,200
2022 $3,278 $243,500 $52,000 $191,500
2021 $3,176 $243,500 $52,000 $191,500
2020 $3,176 $220,600 $36,000 $184,600
2019 $2,908 $220,600 $36,000 $184,600
2018 $2,838 $206,600 $36,000 $170,600
2017 $2,880 $200,400 $36,000 $164,400
2016 $2,936 $200,400 $36,000 $164,400
2015 $2,952 $200,400 $36,000 $164,400
2014 $2,824 $200,400 $36,000 $164,400
2013 $2,764 $200,400 $36,000 $164,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2208189

Cedar Rapids Area Association of REALTORS®

APN: 12332-03002-00000