NOT LISTED FOR SALE

1050 5th St Marion, IA 52302

Estimated Value: $96,000 - $131,000

2 Beds
1 Bath
737 Sq Ft
$151/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $70,000 $95 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $709/month

42 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Forced Air Cooling System
  • Marion High School Rated A-
  • Eat-In Kitchen
  • 2-minute walk to Lininger Park

About This Home

As of November 2019

Those on the hunt for an idyllic affordable home in Marion need look no further than this sweet and attractive little beauty. There have been many upgrades to various “big ticket” items around the home - the furnace is 1 year old and the A/C is 2 years old, the refrigerator and stove are both newer and vinyl siding has been added along with newer windows. The backyard is completely fenced in and just waiting for a dog or someone to set up a couple of lounge chairs. The location of this place is a dream and the price is a scream! In sum: It’s a lot to love!
Home is being sold "As Is".

Last Agent to Sell the Property

Teri Fleming

Realty87 Listed on: 08/22/2019

Realty87

Last Buyer's Agent

Karl Hoffman

SKOGMAN REALTY COMMERCIAL

SKOGMAN REALTY COMMERCIAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,666

Year Built

  • 1952

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 737 Sq Ft Home
  • Living Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Lot Dimensions are 55 x 130

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,666

Year Built

1952

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 737
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Marion
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1666
  • List User Cell Phone: 319-491-6391
  • Miscellaneous: Cable Ready, Handicapped Features
  • Net Tax: 1474
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.90968
  • Ratio Close Price By Original Li: 0.80552
  • Ratio Current Price By Sq Ft: 94.98
  • Total Sq Ft: 737
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Appliances Included: Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Crawl
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Utilities

  • Heating Cooling: Forced Air, Gas Heat, Window/Wall Air

Schools

  • Elementary School: Longfellow
  • Middle School: Vernon
  • High School: Marion

Lot Info

  • Lot Size: 55 X 130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2022
Sold by
Adam Covington
Bought by
1050 5Th Street Llc
Current Estimated Value
$111,184

Purchase Details

Closed on
Dec 21, 2021
Sold by
Covington Adam
Bought by
1050 5Th Street Llc

Purchase Details

Closed on
Dec 24, 2020
Sold by
Covington Adam
Bought by
1050 5Th Street Llc

Purchase Details

Listed on
Aug 22, 2019
Closed on
Nov 7, 2019
Sold by
Bruce Melvina M
Bought by
Covington Adam
Seller's Agent
Teri Fleming
Realty87
Buyer's Agent
Karl Hoffman
SKOGMAN REALTY COMMERCIAL
List Price
$86,900
Sold Price
$70,000
Premium/Discount to List
-$16,900
-19.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Original Mortgage
$56,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
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
1050 5Th Street Llc -- None Listed On Document
1050 5Th Street Llc -- None Available
1050 5Th Street Llc -- None Available
Covington Adam $70,000 River Ridge Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Covington Adam $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2019 11/08/19 Sold $70,000 -9.0% $95 / Sq Ft
10/03/2019 10/03/19 Pending -- -- --
09/27/2019 09/27/19 Price Changed $76,950 -11.4% $104 / Sq Ft
08/22/2019 08/22/19 For Sale $86,900 -- $118 / 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
2025 $1,516 $103,400 $12,500 $90,900
2024 $1,860 $80,800 $12,500 $68,300
2023 $1,860 $80,800 $12,500 $68,300
2022 $1,798 $83,600 $12,500 $71,100
2021 $1,688 $83,600 $12,500 $71,100
2020 $1,688 $74,700 $12,500 $62,200
2019 $1,474 $74,700 $12,500 $62,200
2018 $1,436 $73,900 $17,000 $56,900
2017 $1,580 $71,000 $17,000 $54,000
2016 $1,580 $71,000 $17,000 $54,000
2015 $1,573 $71,000 $17,000 $54,000
2014 $1,380 $71,000 $17,000 $54,000
2013 $1,322 $71,000 $17,000 $54,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1906279

Cedar Rapids Area Association of REALTORS®

APN: 11364-58009-00000