NOT LISTED FOR SALE

1120 5th St Marion, IA 52302

Estimated Value: $162,000 - $189,000

3 Beds
1.5 Baths
1,638 Sq Ft
$106/Sq Ft Est. Value

Last Sold March 21, 2014

Last sale price $112,000 $68 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,099/month

112 Days on Market

Highlights

  • Deck
  • Recreation Room
  • 1 Car Detached Garage
  • Marion High School Rated A-
  • Main Floor Primary Bedroom
  • 2-minute walk to Lininger Park

About This Home

As of March 2014

Lots of NEW in this cute story and a half home in Marion. There is a sense of charm with the coved ceilings and arched doorway. Much of the house has modern updates including new flooring: carpet on the main and lower level, ceramic tile in the entry and main level bath, newer wood flooring in the kitchen and bedrooms on the main level newer carpet upstairs too. The kitchen boasts updates with new counter tops, hardware, fixtures, fridge and stove. Many of the windows have been replaced too. New sump pump and transferable 20 year warranty with the professionally waterproofed basement! This home is pleasantly surprising and has great space and updates at this price!! HSA 1 year home warranty provided. Agent and seller are related.

Last Agent to Sell the Property

Nikki Smith

SKOGMAN REALTY Listed on: 11/04/2013

Last Buyer's Agent

Darlene Allard

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,782

Year Built

  • 1950

Lot Details

  • Lot Dimensions are 55 x 125

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1.5-Story Property
  • 1.75 Story Property
  • Family Room
  • Recreation Room
  • Basement
  • Block Basement Construction

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,782

Year Built

1950

Lot Details

0

Listing Details

  • Style: 1.5 Story, 1.75 Story
  • Above Grade Finished Sq Ft: 1218
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Marion
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1782
  • List User Cell Phone: 319-310-6192
  • Low Lvl Fin Sq Ft: 420
  • Miscellaneous: Deck, Home Warranty, Patio
  • Net Tax: 1782
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.96970
  • Ratio Current Price By Sq Ft: 91.95
  • Total Sq Ft: 1638
  • Tax Roll Number: 113645401100000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Appliances Included: Dishwasher, Garage Door Opener, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Family, Rec Room
  • Basement: Block
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Utilities

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

Lot Info

  • Lot Size: 55 X 125

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2013
Closed on
Mar 14, 2014
Sold by
Des Enterprises Llc
Bought by
Cruse Andrew Jackson and Cruse Jeanine Michelle
Seller's Agent
Nikki Smith
SKOGMAN REALTY
Buyer's Agent
Darlene Allard
SKOGMAN REALTY
List Price
$115,500
Sold Price
$112,000
Premium/Discount to List
-$3,500
-3.03%
Current Estimated Value
$174,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,211
Avg. Annual Appreciation
3.88%
Original Mortgage
$106,400
Outstanding Balance
$80,340
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$93,871

Purchase Details

Closed on
Dec 29, 2010
Sold by
Des Enterprises Llc
Bought by
Fuhrmeister Thomas E and Fuhrmeister Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 24, 2010
Sold by
Fuhmeister Kathy and Fuhrmeister Tom
Bought by
Des Enterprises L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 22, 2007
Sold by
Hofmann Timothy M and Hofmann Amanda M
Bought by
Fuhrmeister Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2004
Sold by
Lomas Betty L
Bought by
Hofmann Timothy M and Hofmann Amanda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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
Cruse Andrew Jackson $112,000 Security First Title Co
Fuhrmeister Thomas E $111,000 None Available
Des Enterprises L L C $88,500 None Available
Fuhrmeister Kathy $109,500 None Available
Hofmann Timothy M $99,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruse Andrew Jackson $106,400
Previous Owner Fuhrmeister Thomas E $105,000
Previous Owner Des Enterprises L L C $71,200
Previous Owner Fuhrmeister Kathy $99,000
Previous Owner Hofmann Timothy M $99,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2014 03/21/14 Sold $112,000 -3.0% $68 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
11/04/2013 11/04/13 For Sale $115,500 -- $71 / 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 $2,216 $175,300 $12,200 $163,100
2024 $2,528 $128,600 $12,200 $116,400
2023 $2,528 $128,600 $12,200 $116,400
2022 $2,440 $122,500 $12,200 $110,300
2021 $2,230 $122,500 $12,200 $110,300
2020 $2,230 $107,200 $12,200 $95,000
2019 $2,204 $107,200 $12,200 $95,000
2018 $2,324 $106,300 $16,700 $89,600
2017 $2,420 $108,800 $16,700 $92,100
2016 $2,420 $108,800 $16,700 $92,100
2015 $2,171 $98,000 $16,700 $81,300
2014 $1,978 $98,000 $16,700 $81,300
2013 $2,088 $98,000 $16,700 $81,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1307492

Cedar Rapids Area Association of REALTORS®

APN: 11364-54011-00000