NOT LISTED FOR SALE

1045 Wallace Ave Marengo, IA 52301

Estimated Value: $158,000 - $186,000

3 Beds
1.5 Baths
1,356 Sq Ft
$129/Sq Ft Est. Value

Last Sold September 02, 2017

Last sale price $129,000 $95 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,142/month

138 Days on Market

Highlights

  • Living Room with Fireplace
  • 2 Car Detached Garage
  • Breakfast Bar
  • Ranch Style House
  • Forced Air Cooling System
  • Patio

About This Home

As of September 2017

Looking for a beautiful ranch home in immaculate condition and with a fantastic yard? You have found it! This 3 bedroom home has been completely remodeled with an open floor plan, newer drywall, trim, and doors. Beautiful, low maintenance flooring. Fantastic bright and open kitchen with plenty of counter space a breakfast bar. 3 seasons room off of the back make a great family room. Laundry room just off of the kitchen. Large 2 stall garage with heat. Great backyard with privacy fence. Wonderful home!

Last Agent to Sell the Property

Jackie Phillips

NextHome Corridor Listed on: 04/17/2017

Last Buyer's Agent

Tonya Dlouhy

GRAF HOME SELLING TEAM & ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,648

Year Built

  • 1974

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 102 x 96
  • Fenced

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,356 Sq Ft Home
  • Electric Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Water Softener is Owned
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,648

Year Built

1974

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2300
  • Above Grade Finished Sq Ft: 1356
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Marengo
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 1648
  • List User Cell Phone: 319-310-0041
  • Miscellaneous: Cable Ready, Fencing, Patio
  • Net Tax: 1474
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97727
  • Ratio Close Price By Original Li: 0.90845
  • Ratio Current Price By Sq Ft: 95.13
  • Total Sq Ft: 1356
  • Taxable Value Tv: 87340.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Softener - Own
  • Additional Room: 1st Floor Laundry, 3 Seasons
  • Basement: Crawl
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Electric, Living Room
  • Level 1 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached, Heated Garage
  • Garage Size: 24X20

Utilities

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

Schools

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

Lot Info

  • Lot Size: 102 X 96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2020
Sold by
Ratzlaff Jillian N and Ratzlaff Alan
Bought by
Storck Lonnie L
Current Estimated Value
$174,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,868
Outstanding Balance
$123,449
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$46,736

Purchase Details

Listed on
Apr 17, 2017
Closed on
Sep 3, 2017
Sold by
Chosnyk Zachary A and Chosnyk Ellen E
Bought by
Sherman Jillian N
Seller's Agent
Jackie Phillips
NextHome Corridor
Buyer's Agent
Tonya Dlouhy
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$142,000
Sold Price
$129,000
Premium/Discount to List
-$13,000
-9.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Original Mortgage
$25,800
Interest Rate
3.86%
Mortgage Type
Stand Alone Second
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
Storck Lonnie L $135,500 None Available
Sherman Jillian N $129,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Storck Lonnie L $136,868
Previous Owner Ratzlaff Jillian N $32,298
Previous Owner Sherman Jillian N $25,800
Previous Owner Sherman Jillian N $103,200
Previous Owner Schott Jason D $21,000
Previous Owner Schott Jason D $84,000
Previous Owner Schott Jason D $85,564
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2017 09/02/17 Sold $129,000 -2.3% $95 / Sq Ft
07/19/2017 07/19/17 Price Changed $132,000 -7.0% $97 / Sq Ft
04/17/2017 04/17/17 For Sale $142,000 +27.9% $105 / Sq Ft
01/25/2013 01/25/13 Sold $111,000 -3.5% $82 / Sq Ft
12/28/2012 12/28/12 Pending -- -- --
11/17/2012 11/17/12 For Sale $115,000 -- $85 / 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 $2,532 $142,680 $20,180 $122,500
2023 $2,356 $142,680 $20,180 $122,500
2022 $2,010 $113,620 $16,670 $96,950
2021 $1,789 $113,620 $16,670 $96,950
2020 $1,652 $94,620 $14,910 $79,710
2019 $1,782 $94,620 $14,910 $79,710
2018 $1,574 $90,320 $13,160 $77,160
2017 $1,574 $87,340 $13,160 $74,180
2016 $1,474 $82,880 $13,160 $69,720
2015 $1,545 $82,880 $13,160 $69,720
2014 $1,411 $76,790 $13,160 $63,630
Source: Public Records

Agents Affiliated with this Home

  • Jackie Phillips

    Seller's Agent in 2017

    Jackie Phillips

    NextHome Corridor

    (319) 310-0041

    9 in this area

    145 Total Sales

    Jackie Phillips
    Section Image

  • T

    Buyer's Agent in 2017

    Tonya Dlouhy

    GRAF HOME SELLING TEAM & ASSOCIATES

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1703863

Cedar Rapids Area Association of REALTORS®

APN: 73-20-0507-1

Iowa Iowa County Marengo 52301

1045 Wallace Ave, Marengo, IA

This home is located at 1045 Wallace Ave, Marengo, IA 52301 since 17 April 2017 and is currently estimated at $174,731, approximately $128 per square foot. This property was built in 1974. 1045 Wallace Ave is a home located in Iowa County with nearby schools including Iowa Valley Elementary School and Iowa Valley Junior/Senior High School.

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.

Cedar Rapids Area Association of REALTORS® 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.

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