NOT LISTED FOR SALE

120 Fairlawn Ct Marengo, IA 52301

Estimated Value: $273,000 - $308,516

3 Beds
2 Baths
1,806 Sq Ft
$159/Sq Ft Est. Value

Last Sold August 04, 2014

Last sale price $160,000 $89 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,943/month

36 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • Community Pool
  • 0.44 Acre Lot
  • Guest Suites
  • Formal Dining Room

About This Home

As of August 2014

Fantastic ranch home located in a quiet cul de sac in Marengo! This property sits on 2 lots so has great outdoor space. Eat-in large kitchen and formal dining room. 3-large bedrooms including a master suite with soaking tub. A 2 1/2 car attached garage with a large heated 20 x 48 additional building. A hobbyist's dream! Porch on back of house for BBQ. Full basement is ready to be finished!

Last Agent to Sell the Property

Robin Blythe

NextHome Corridor Listed on: 06/24/2014

Last Buyer's Agent

Robin Blythe

NextHome Corridor Listed on: 06/24/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,482

Year Built

  • Built in 2005

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 228x85
  • Cul-De-Sac

Parking

  • 2 Parking Spaces

Home Design

  • Poured Concrete

Interior Spaces

  • 1,806 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room

Kitchen

  • Country Kitchen
  • Oven or Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom

Outdoor Features

  • Separate Outdoor Workshop
  • Shed
  • Porch

Location

  • Property is near shops

Schools

  • Iowa Valley Elementary And Middle School
  • Iowa Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1531-0232-1

Community Details

Overview

  • Fairlawn Subdivision

Amenities

  • Clubhouse
  • Guest Suites

Recreation

  • Golf Course Community
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,482

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1806
  • Homebuilder: Unknown
  • Owner Name L F Mi: Carlson, Daniel & Susan
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Remarks: Please allow 24 hours for showing. Microwave and basement refrigerator are reserved.
  • T Val: 160000
  • Year Built: 2005
  • Tax Year Report: 2014
  • Subdivision: Fairlawn
  • Directions: Interstate 80 Exit 220. North on Hwy 149. West on Hwy 6. South on Fairlawn Ct.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Clubhouse, Golf Course, Guest Lodging, Park, Playground, Pool, Street Lights, Close to Shopping
  • Basement Remarks: Bath Stubbed, Poured Concrete, Full
  • Fireplace Type Location: None
  • Interior R: Cable Available
  • Kitchen Breakfast R: Country Kitchen, Island, Pantry, Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre, Cul De Sac
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: Fantastic ranch home located in a quiet cul de sac in Marengo! This property sits on 2 lots so has great outdoor space. Eat-in large kitchen and formal dining room. 3-large bedrooms including a master suite with soaking tub. A 2 1/2 car attached garage with a large heated 20 x 48 additional building. A hobbyist's dream! Porch on back of house for BBQ. Full basement is ready to be finished!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1806
  • Total Full Baths: 2
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room, Main
  • Mstr Br Level: Main
  • Mstr Br Width: 14
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • ExteriorFeatures: Porch, Shed, Workshop

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Electric, Gas, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

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

Lot Info

  • Acreage: 0.44
  • Geo Subdivision: IA
  • Lot Dimensions: 228x85
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 3635.43
  • Assessor Parcel Number: 1531-0232-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2014
Closed on
Aug 4, 2014
Sold by
Carlson Daniel J and Carlson Susan M
Bought by
Arp Jesse J and Arp Jessica J
Seller's Agent
Robin Blythe
NextHome Corridor
Buyer's Agent
Robin Blythe
NextHome Corridor
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Current Estimated Value
$287,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,879
Avg. Annual Appreciation
4.88%
Original Mortgage
$136,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Arp Jesse J $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arp Jesse J $130,000
Closed Arp Jesse J $136,000
Closed Arp Jesse J $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2014 08/04/14 Sold $160,000 -5.8% $89 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
06/24/2014 06/24/14 For Sale $169,900 -- $94 / Sq Ft
Source: Iowa City 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 $4,482 $264,600 $62,670 $201,930
2023 $4,560 $264,600 $62,670 $201,930
2022 $3,832 $225,660 $51,230 $174,430
2021 $3,500 $224,320 $51,230 $173,090
2020 $3,454 $191,710 $45,510 $146,200
2019 $3,712 $191,710 $45,510 $146,200
2018 $3,404 $182,120 $41,700 $140,420
2017 $3,404 $182,120 $41,700 $140,420
2016 $3,232 $174,600 $41,700 $132,900
2015 $3,232 $174,600 $41,700 $132,900
2014 $3,282 $175,200 $41,700 $133,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20143529

Iowa City Area Association of REALTORS®

APN: 15-31-0232-1