NOT LISTED FOR SALE

1021 I Ave Marengo, IA 52301

Estimated Value: $403,000 - $464,277

3 Beds
4 Baths
3,261 Sq Ft
$135/Sq Ft Est. Value

Last Sold February 06, 2023

Last sale price $390,200 $120 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,719/month

105 Days on Market

Highlights

  • Waterfront
  • Recreation Room with Fireplace
  • Hydromassage or Jetted Bathtub
  • Deck
  • Ranch Style House
  • Great Room

About This Home

As of February 2023

Get the acreage of your dreams - finally !! PRE INSPECTED - save money and move right in! Almost 6 acres of scenic bluff views, room for horses, boats, atvs, FFA projects in this beautiful newer property. Ideal for empty nesters or families. Spacious 3 bed (possible 4th which is an office) 4 bath ranch home featuring an oversized 4 stall tandem side load garage with heater. And, two outbuildings- a 20 X 30 workshop and a 36 X 40 shed. The home boasts a huge drop zone with pantry and half bath, and a large open sunny kitchen with center prep island and tons of countertop space and custom built-ins. The primary bedroom is large with on suite full bath boasting dual sinks and adult height vanity, a deep jetted tub and shower. Plus, a walk in closet with new custom built in organizer system. The walk out lower level provides a wall of windows and nautral light year round. 2 striking gas fireplaces- one up one down. A large dining room or great main level flex room/office/bedroom. And a lower level rec room retreat that features a kitchenette bar made from beautiful Iowa Hickory. All bedrooms are large. The walk out lower level adds to your entertainment value and ease of use. New roof, high efficiency Furnace and AC with an upgraded clean air filtration system. Main level freshly painted. Radon system, TOT done, rural water, survey completed, and home inspection already done. "Cartus Financial Corporation" will be Seller. Cartus Standard Addendum on MLS and additional paperwork will be required. See MLS for checklist and forms. Land is as is where is and is 6 acres more or less as per survey and abstract

Last Agent to Sell the Property

Amy Bishop

RE/MAX CONCEPTS Listed on: 09/29/2022

RE/MAX CONCEPTS

Last Buyer's Agent

Andrew Hilliard

IOWA REALTY

IOWA REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,435

Year Built

  • 1998

Lot Details

  • 5.6 Acre Lot
  • Waterfront

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Garage
  • Heated Garage
  • Tandem Parking
  • Garage Door Opener

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Forced Air Cooling System
  • Heating System Uses Propane
  • Gas Water Heater
  • Septic System
  • Satellite Dish
  • Cable TV Available

Community Details

  • Built by Berger Custom Homes

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,435

Year Built

1998

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 5.6000
  • Above Grade Finished Sq Ft: 1761
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.20
  • Total Bedrooms: 3
  • City Name: Marengo
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 4435
  • List User Cell Phone: 319-270-8450
  • Low Lvl Fin Sq Ft: 1500
  • Miscellaneous: Cable Ready, Deck, Jetted Tub, Outbuildings, Satellite Dish
  • Net Tax: 4435
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97574
  • Ratio Close Price By Original Li: 0.83914
  • Ratio Current Price By Sq Ft: 221.58
  • Total Sq Ft: 3261
  • Water Sewer Roads: City Water, Septic System
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Appliances Included: Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Den/Study, Great Room, Living Room, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Fireplace Features: Built In, Family Room, Gas, Rec Room
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Site Description: Water Front

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, 4 Or More Cars, Attached, Detached, Tandem

Utilities

  • Heating Cooling: Central Air, Electricity Heat, Forced Air, Garage Heater/Furnace, Lp Heat

Schools

  • Elementary School: Iowa Valley
  • Middle School: Iowa Valley
  • High School: Iowa Valley

Building Info

  • Builder Name: Berger Custom Homes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Mar 2, 2023
Sold by
Buckeye Valley Properties Llc
Bought by
Holmes Jeremy and Holmes Jennifer
Seller's Agent
Amy Bishop
RE/MAX CONCEPTS
Buyer's Agent
Andrew Hilliard
IOWA REALTY
List Price
$465,000
Sold Price
$390,200
Premium/Discount to List
-$74,800
-16.09%
Views
359
Current Estimated Value
$438,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,559
Avg. Annual Appreciation
5.51%
Original Mortgage
$320,000
Outstanding Balance
$311,539
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$138,267

Purchase Details

Closed on
Oct 5, 2022
Sold by
Davis Rachel Vannelli and Davis Jason A
Bought by
Buckeye Valley Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
6.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Holmes Jeremy $400,000 None Listed On Document
Buckeye Valley Properties Llc $390,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holmes Jeremy $320,000
Previous Owner Buckeye Valley Properties Llc $395,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2023 02/06/23 Sold $390,200 -2.4% $120 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
12/20/2022 12/20/22 Price Changed $399,900 -8.1% $123 / Sq Ft
11/11/2022 11/11/22 Price Changed $435,000 -3.1% $133 / Sq Ft
10/24/2022 10/24/22 Price Changed $449,000 -3.4% $138 / Sq Ft
09/29/2022 09/29/22 For Sale $465,000 +36.8% $143 / Sq Ft
07/10/2013 07/10/13 Sold $340,000 -38.2% $97 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
08/22/2011 08/22/11 For Sale $550,000 -- $156 / 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 $4,706 $386,660 $42,880 $343,780
2023 $4,690 $386,660 $42,880 $343,780
2022 $4,026 $332,550 $36,830 $295,720
2021 $3,770 $332,550 $36,830 $295,720
2020 $3,648 $291,220 $36,830 $254,390
2019 $3,976 $291,220 $36,830 $254,390
2018 $3,842 $280,510 $33,480 $247,030
2017 $3,928 $280,510 $33,480 $247,030
2016 $3,904 $283,510 $33,480 $250,030
2015 $0 $283,510 $33,480 $250,030
2014 -- $275,890 $33,480 $242,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2208861

Cedar Rapids Area Association of REALTORS®

APN: 11-05-0101-6