NOT LISTED FOR SALE

105 Oak Dr Palo, IA 52324

Estimated Value: $211,000 - $244,000

3 Beds
2.5 Baths
1,511 Sq Ft
$148/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $215,990 $143 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,339/month

252 Days on Market

Highlights

  • New Construction
  • Great Room with Fireplace
  • 2 Car Attached Garage
  • John F. Kennedy High School Rated A-
  • Cul-De-Sac
  • Eat-In Kitchen

About This Home

As of August 2023

D.R. Horton, America’s Builder, presents the Sydney. This Inner-Unit two-story townhome boasts 3 bedrooms, 2.5 bathrooms, and a 2-car garage. Upon entering the home, a large open floor plan greets you with a space that boasts a cozy fireplace. The gorgeous kitchen features a large island perfect for food prep or entertaining family and friends. Upstairs, you’ll find a large primary bedroom with an ensuite bathroom featuring a double vanity sink, walk-in shower, and spacious closet for all your storage needs. Also upstairs, there are an additional two bedrooms, full bathroom, and a convenient laundry area. Palo offers convenience without living in a big city, you are 10 minutes away from Cedar Rapids. There are two restaurants, a gym, and a daycare less than a minute away from the community. Palo Lake is a 7-min drive offering a swimming beach, camping, and fishing. This home comes with all the benefits of new construction!

Last Agent to Sell the Property

Kathryn Greer

DRH Realty Of Iowa, LLC Listed on: 10/31/2022

DRH Realty Of Iowa, LLC

Last Buyer's Agent

Nicki Borchert

IOWA REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8

Year Built

  • 2022

Lot Details

  • 3,920 Sq Ft Lot
  • Cul-De-Sac

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,511 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Great Room with Fireplace
  • Home Security System
  • Laundry on upper level
  • Basement

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Built by DR HORTON

Recreation

  • Snow Removal

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8

Year Built

2022

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Style: 2 Stories, Townhouse
  • Acres: 0.0900
  • Above Grade Finished Sq Ft: 1511
  • Association Fee Frequency: Month
  • Total Bathrooms: 2.10
  • Total Bedrooms: 3
  • City Name: Palo
  • Dining Features: Eat-In Kitchen
  • List User Cell Phone: 515-605-7444
  • Miscellaneous: Home Warranty, Patio, Security System
  • New Construction: Yes
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98182
  • Ratio Close Price By Original Li: 0.85713
  • Ratio Current Price By Sq Ft: 142.95
  • Total Sq Ft: 1511
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Year Built: 2022

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Refrigerator, Water Heater – Electric
  • Additional Room: 2nd Floor Laundry
  • Basement: Slab
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Electric, Great Room
  • Level 2 Full Bathrooms: 2
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 3
  • Site Description: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Lawncaresnowremovalincluded
  • Association Fee: 150
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: 3920

Building Info

  • Builder Name: DR HORTON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Aug 16, 2023
Sold by
D R Horton-Iowa Llc
Bought by
Christensen Kathy A
Seller's Agent
Kathryn Greer
DRH Realty Of Iowa, LLC
Buyer's Agent
Nicki Borchert
IOWA REALTY
List Price
$251,991
Sold Price
$215,990
Premium/Discount to List
-$36,001
-14.29%
Views
61
Current Estimated Value
$222,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,935
Avg. Annual Appreciation
0.33%
Original Mortgage
$135,990
Outstanding Balance
$133,024
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$84,470
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
Christensen Kathy A $216,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christensen Kathy A $135,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $215,990 -1.8% $143 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
06/15/2023 06/15/23 Price Changed $219,990 -2.7% $146 / Sq Ft
06/05/2023 06/05/23 Price Changed $225,990 -1.7% $150 / Sq Ft
05/09/2023 05/09/23 Price Changed $229,990 -2.1% $152 / Sq Ft
04/05/2023 04/05/23 Price Changed $234,990 -2.1% $156 / Sq Ft
02/15/2023 02/15/23 Price Changed $239,990 -0.8% $159 / Sq Ft
12/20/2022 12/20/22 Price Changed $241,990 -4.0% $160 / Sq Ft
10/31/2022 10/31/22 For Sale $251,991 -- $167 / 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 $8 $209,800 $10,500 $199,300
2023 $8 $147,600 $10,500 $137,100
2022 $800 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2209508

Cedar Rapids Area Association of REALTORS®

APN: 12201-78002-00000