NOT LISTED FOR SALE

120 Driftwood Cir Palo, IA 52324

Estimated Value: $345,000 - $388,000

5 Beds
3 Baths
2,670 Sq Ft
$139/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $318,000 $119 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,442/month

71 Days on Market

About This Home

As of November 2022

Just minutes from Cedar Rapids! NEARLY 1/3 Acre!!! Small town living and still close to the big city attractions and conveniences! Well maintained 5 bedroom and 3 full bathroom ranch boasting an open floor plan. Inside the front door you are welcomed with gorgeous hardwood floors, vaulted ceilings, gas fireplace, decorative nooks with lots of space with a dining area. Split bedrooms on the main floor. Master ensuite with jetted tub and dual sink vanity. Drop zone. Convenient side door entry on the garage! Basement has carpeted rec room with fireplace, wet bar, 2 bedrooms and a full bath. NEW April 2022 High Efficiency GE Front load washer and dryer. Enjoy a BBQ on the 12x20 deck with pergola. Huge concrete patio for all of your entertaining needs! Under the deck is a great storage space on concrete. Close to the neighborhood city park!

Last Agent to Sell the Property

Robyn Knapp

Pinnacle Realty LLC Listed on: 08/05/2022

Pinnacle Realty LLC

Last Buyer's Agent

Mike Selling Team

GRAF REAL ESTATE, ERA POWERED

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,628

Year Built

2006

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.3000
  • Above Grade Finished Sq Ft: 1565
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Palo
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 4839
  • List User Cell Phone: 319-464-2717
  • Low Lvl Fin Sq Ft: 1105
  • Miscellaneous: Cable Ready, Deck, Fencing, Jetted Tub, Patio, Sound System, Storage Shed, Vaulted Ceiling
  • Net Tax: 4664
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97846
  • Ratio Close Price By Original Li: 0.93805
  • Ratio Current Price By Sq Ft: 203.19
  • Total Sq Ft: 2670
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Appliances Included: Central Vac, Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: Great Room, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Electric, Gas, Great Room, Rec Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

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

Garage/Parking

  • Garage/Parking: 3 Cars, Attached
  • Garage Size: 837

Utilities

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

Schools

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

Lot Info

  • Lot Size: 90x145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Nov 23, 2021
Sold by
Salee Christopher M and Salee Susan M
Bought by
Knapp Robyn D and Knapp Christine D
Seller's Agent
Will Brandt
SKOGMAN REALTY
Buyer's Agent
Robyn Knapp
Pinnacle Realty LLC
List Price
$340,000
Sold Price
$325,000
Premium/Discount to List
-$15,000
-4.41%
Current Estimated Value
$372,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,252
Avg. Annual Appreciation
2.52%
Original Mortgage
$260,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2006
Sold by
Tim Jacobs Homebuilders Inc
Bought by
Salee Christopher M and Salee Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,900
Interest Rate
5.75%
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
Knapp Robyn D $325,000 None Available
Salee Christopher M $29,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Philipp Paul $286,200
Closed Philipp Paul $31,800
Closed Philipp Paul $286,200
Closed Knapp Robyn D $260,000
Previous Owner Salee Christopher M $223,900
Previous Owner Salee Christopher M $232,902
Previous Owner Salee Christopher M $238,450
Previous Owner Salee Christopher M $225,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2022 11/17/22 Sold $318,000 -2.2% $119 / Sq Ft
10/15/2022 10/15/22 Pending -- -- --
10/10/2022 10/10/22 Price Changed $325,000 -1.2% $122 / Sq Ft
10/03/2022 10/03/22 For Sale $329,000 0.0% $123 / Sq Ft
08/27/2022 08/27/22 Pending -- -- --
08/23/2022 08/23/22 Price Changed $329,000 -1.5% $123 / Sq Ft
08/21/2022 08/21/22 Price Changed $334,000 -1.5% $125 / Sq Ft
08/05/2022 08/05/22 For Sale $339,000 +4.3% $127 / Sq Ft
12/01/2021 12/01/21 Sold $325,000 -1.5% $122 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/20/2021 09/20/21 Price Changed $329,900 -3.0% $124 / Sq Ft
08/31/2021 08/31/21 For Sale $340,000 -- $127 / 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
2023 $4,628 $315,800 $35,800 $280,000
2022 $4,626 $247,600 $35,800 $211,800
2021 $4,664 $247,600 $35,800 $211,800
2020 $4,664 $241,100 $35,800 $205,300
2019 $4,334 $226,500 $35,800 $190,700
2018 $4,238 $226,500 $35,800 $190,700
2017 $4,247 $217,600 $35,800 $181,800
2016 $4,247 $217,600 $35,800 $181,800
2015 $4,299 $217,600 $35,800 $181,800
2014 $4,124 $217,600 $35,800 $181,800
2013 $4,034 $217,600 $35,800 $181,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2207643

Cedar Rapids Area Association of REALTORS®

APN: 12204-29004-00000