NOT LISTED FOR SALE

120 Sumac Dr Palo, IA 52324

Estimated Value: $202,000 - $259,000

3 Beds
3 Baths
1,918 Sq Ft
$124/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $235,000 $123 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,330/month

Highlights

  • New Construction
  • Living Room
  • Kitchen Island
  • John F. Kennedy High School Rated A-
  • Energy-Efficient Appliances
  • Forced Air Heating System

About This Home

As of December 2023

*THIS HOME MUST BE SOLD BY 8/25/2023 AND CLOSE BY 9/29/2023 TO QUALIFY FOR SPECIAL PRICING LISTED* D.R. Horton, America’s Builder, presents a spectacular twinhome plan: The Jack. This home presents 3 bedrooms, 3 bathrooms, 2-car garage, and finished basement providing 1,928 sqft of total living space. The main living area offers an open floor plan, with a spacious living room that offers solid surface flooring throughout. The kitchen has a convenient corner pantry for all your cooking storage, quartz countertops, and a lovely kitchen island, perfect for entertaining. The gorgeous main bedroom features a large walk-in closet and full, ensuite bath with a double sink vanity, and is tucked away in the back of the home for valuable privacy. A laundry area is located right off of the garage and the 2nd bedroom is located at the front of the home next to a full bathroom. The finished lower level offers additional living space with a 3rd bedroom, full bathroom, living room, and storage room. This home also comes with all the benefits of new construction! Ask us about our Main Street Stars Savings Program!

Last Listed By

Kathryn Greer

DRH Realty of Iowa, LLC Listed on: 11/01/2023

DRH Realty of Iowa, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 7,841

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 1-Story Property
  • Electric Fireplace
  • Living Room
  • Dining Room
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Energy-Efficient Appliances
  • 7,841 Sq Ft Lot

Community Details

  • Built by DR HORTON
  • Prairie Vista Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12201780300000

Home Details

Home Type

Single Family

Est. Annual Taxes

$14

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1918
  • Homebuilder: DR HORTON
  • Owner Name L F Mi: DR HORTON
  • Ownership Type: Zero Lot
  • Photo Code: Complete
  • Remarks: *D.R. Horton offers 3% commission!* Call 319-281-0052 for stage of construction. Model homes open daily. Please use ShowingTime for appointments. Minimum of $1,000 earnest money made out to DR Horton Iowa, LLC Account and attached documents to accompany offer. Please contact sales rep assigned for information on writing an offer. Commission paid on original purchase price. No commissions to be paid on closing costs. No commission to be paid on any overage, upgrade, or allowances added to the purchase agreement sales price. No Commission to be paid on any incentives. Property disclosure provided upon request. Seller to pay $2500 in closing costs if buyer uses DHI Mortgage. Please email Caleb Bell at TCBell@dhimortgage.com.
  • Year Built: 2022
  • Tax Year Report: 2022
  • Subdivision: Prairie Vista
  • Directions: From Highway 100/Collins Rd, exit onto Covington Rd. Head North on Covington Rd until 1st St. Turn onto 1st St and follow into Palo Marsh Rd. Continue to Sumac Dr and turn left onto Sumac Dr into the community
  • L O1 Dues Paid: y
  • Amenities: Other
  • Basement Remarks: Finished
  • Fireplace Type Location: Electric
  • Interior R: Other
  • Kitchen Breakfast R: Island, Pantry
  • Lot Description R: Other
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2661
  • Remarks2: *THIS HOME MUST BE SOLD BY 8/25/2023 AND CLOSE BY 9/29/2023 TO QUALIFY FOR SPECIAL PRICING LISTED* D.R. Horton, America’s Builder, presents a spectacular twinhome plan: The Jack. This home presents 3 bedrooms, 3 bathrooms, 2-car garage, and finished basement providing 1,928 sqft of total living space. The main living area offers an open floor plan, with a spacious living room that offers solid surface flooring throughout. The kitchen has a convenient corner pantry for all your cooking storage, quartz countertops, and a lovely kitchen island, perfect for entertaining. The gorgeous main bedroom features a large walk-in closet and full, ensuite bath with a double sink vanity, and is tucked away in the back of the home for valuable privacy. A laundry area is located right off of the garage and the 2nd bedroom is located at the front of the home next to a full bathroom. The finished lower level offers additional living space with a 3rd bedroom, full bathroom, living room, and storage room. This home also comes with all the benefits of new construction! Ask us about our Main Street Stars Savings Program!
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Energy Efficient, Dishwasher, Range/Oven
  • Number Bedrooms Lower: 1
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1253
  • Total Full Baths: 3
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 665
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • New Construction: Yes

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Gas, Forced Air

Condo/Co-op/Association

  • Association Fee: 150
  • Condo Level: 1

Schools

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

Lot Info

  • Acreage: 0.18
  • Geo Subdivision: IA
  • Lot Dimensions: 7840
  • Zoning: R

Tax Info

  • Assessor Parcel Number: 12201780300000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Dec 5, 2023
Sold by
Dr Horton Iowa Llc
Bought by
Sideeq Tremaine
Seller's Agent
Kathryn Greer
DRH Realty of Iowa, LLC
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$236,990
Sold Price
$235,000
Premium/Discount to List
-$1,990
-0.84%
Total Days on Market
0
Views
19
Current Estimated Value
$237,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,295
Avg. Annual Appreciation
4.54%
Original Mortgage
$11,750
Outstanding Balance
$7,095
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$243,089

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
Sideeq Tremaine $235,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sideeq Tremaine $11,750
Open Sideeq Tremaine $225,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 Sold $235,000 0.0% $123 / Sq Ft
12/11/2023 12/11/23 Sold $235,000 -0.8% $124 / Sq Ft
11/01/2023 11/01/23 For Sale $236,990 0.0% $124 / Sq Ft
10/14/2023 10/14/23 Price Changed $236,990 -1.3% $125 / Sq Ft
09/12/2023 09/12/23 Price Changed $239,990 -4.0% $126 / Sq Ft
09/06/2023 09/06/23 Price Changed $249,990 -2.0% $132 / Sq Ft
08/29/2023 08/29/23 Price Changed $254,990 -1.9% $134 / Sq Ft
08/26/2023 08/26/23 Price Changed $259,990 +1.2% $137 / Sq Ft
08/03/2023 08/03/23 Price Changed $256,990 -1.2% $135 / Sq Ft
07/25/2023 07/25/23 Price Changed $259,990 +2.0% $137 / Sq Ft
06/15/2023 06/15/23 Price Changed $254,990 -1.9% $134 / Sq Ft
06/05/2023 06/05/23 Price Changed $259,990 -3.7% $137 / Sq Ft
05/09/2023 05/09/23 Price Changed $269,990 -1.1% $142 / Sq Ft
04/05/2023 04/05/23 Price Changed $272,990 -0.7% $144 / Sq Ft
02/15/2023 02/15/23 Price Changed $274,990 -1.8% $145 / Sq Ft
12/20/2022 12/20/22 Price Changed $279,990 -3.4% $147 / Sq Ft
10/31/2022 10/31/22 For Sale $289,990 -- $153 / 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
2023 $14 $156,500 $20,900 $135,600
2022 $1,400 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Iowa City Area Association of REALTORS®

MLS Number: 202305688

Iowa City Area Association of REALTORS®

APN: 12201-78030-00000