NOT LISTED FOR SALE

127 Sumac Dr Palo, IA 52324

Estimated Value: $289,000 - $338,098

4 Beds
3 Baths
2,191 Sq Ft
$138/Sq Ft Est. Value

Last Sold May 30, 2023

Last sale price $322,990 $147 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,696/month

170 Days on Market

Highlights

  • New Construction
  • Family Room with Fireplace
  • Ranch Style House
  • John F. Kennedy High School Rated A-
  • Recreation Room
  • 3 Car Attached Garage

About This Home

As of May 2023

D.R. Horton, America’s Builder, presents the Hamilton. This home boasts 4 bedrooms, 3 bathrooms and a 3 car garage a on a quiet road. Quartz countertops sparkle in the bathrooms and the kitchen, which feature a corner pantry, large island with breakfast bar and stainless steel appliances. The main bedroom has a large walk-in closet, a walk-in shower and dual vanity sinks. Palo offers convenience without living in a big city, you are 10 minutes away from Cedar Rapids. There are two restaurants, a gym, and a daycare less than a minute away from the community. Palo Lake is a 7-minute drive offering a swimming beach, camping, and fishing. All D.R. Horton Iowa homes include fully sodded lots, our America’s Smart Home® Technology plus our 1/2/10 year warranty. This home is HERS tested and exceeds HERS Standards. Photos similar but not necessarily of subject property, including interior & exterior colors, finishes and appliances.

Last Listed By

Tyler Moulton

DRH Realty Of Iowa, LLC Listed on: 10/31/2022

DRH Realty Of Iowa, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20

Year Built

  • 2022

Lot Details

  • 0.25

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Electric Fireplace
  • Family Room with Fireplace
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Patio
  • 0.25 Acre Lot

Community Details

  • Built by DR HORTON

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$20

Year Built

2022

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Style: Ranch
  • Acres: 0.2500
  • Above Grade Finished Sq Ft: 1498
  • Association Fee Frequency: Year
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Palo
  • Dining Features: Eat-In Kitchen
  • List User Cell Phone: 515-901-7694
  • Low Lvl Fin Sq Ft: 693
  • Miscellaneous: Home Warranty, Patio, Security System
  • New Construction: Yes
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.95000
  • Ratio Current Price By Sq Ft: 215.61
  • Total Sq Ft: 2191
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2022

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Water Heater – Electric
  • Additional Room: 1st Floor Family, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Fireplace Features: Electric, Family Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 3

Exterior Features

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

Garage/Parking

  • Garage/Parking: 3 Cars, Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 150
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: 10890

Building Info

  • Builder Name: DR HORTON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
May 22, 2023
Sold by
D R Horton-Iowa Llc
Bought by
Richter Seth and Flores-Richter Yanive
Seller's Agent
Tyler Moulton
DRH Realty Of Iowa, LLC
Buyer's Agent
Jean Perkins
SKOGMAN REALTY
List Price
$339,990
Sold Price
$322,990
Premium/Discount to List
-$17,000
-5%
Total Days on Market
170
Views
36
Current Estimated Value
$303,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,715
Avg. Annual Appreciation
-2.02%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Richter Seth $323,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $322,990 0.0% $147 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
04/05/2023 04/05/23 Price Changed $322,990 -2.1% $147 / Sq Ft
04/04/2023 04/04/23 Price Changed $329,990 -2.9% $151 / Sq Ft
03/28/2023 03/28/23 Price Changed $339,990 0.0% $155 / Sq Ft
03/28/2023 03/28/23 For Sale $339,990 +2.4% $155 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/15/2023 02/15/23 Price Changed $331,990 -2.4% $152 / Sq Ft
10/31/2022 10/31/22 For Sale $339,990 -- $155 / 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 $20 $212,300 $28,400 $183,900
2022 $2,000 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in Palo, IA

  • 145 Hackberry Dr, Palo, IA 52324

    $279,900

    • 2 Beds
    • 2 Baths
    • 1,338 Sq Ft
    • 145 Hackberry Dr
    • Palo, IA

    CBC Homes is bringing quality to the Palo. This ranch zero-lot duplex is full of wow factor. End unit that only shares a wall with one neighbor and has privacy to the back of the home. The home was built with a zero entrance and no steps to enter the unit. Everything is on one level with a full basement. Upgrades include: Steel insulated garage doors, bullet edging & mulch, insulated garage

    Jeremy Trenkamp Coldwell Banker Hedges Corridor

    Section Image
  • 305 Sumac Dr, Palo, IA 52324

    $350,000

    • 4 Beds
    • 3 Baths
    • 2,217 Sq Ft
    • 305 Sumac Dr
    • Palo, IA

    Welcome home to this stunning ranch at 305 Sumac Drive! Featuring 4 spacious bedrooms and 3 full bathrooms, this beautifully finished home offers over 2,200 square feet of inviting living space. Step inside to discover an open-concept layout with warm and inviting finishes, modern lighting, and sleek ceiling fans throughout.The gourmet kitchen is a standout, boasting elegant quartz countertops, a

    Jeremy Johannes Epique Realty

    Section Image
  • 834 Indigo Dr, Palo, IA 52324

    $310,000

    • 3 Beds
    • 2 Baths
    • 1,449 Sq Ft
    • 834 Indigo Dr
    • Palo, IA

    Finishing touches are being completed by Ralston Construction on this quality built newly constructed home. A step above the competition with a vision board and specifications attached. You'll appreciate the 2" x 6" exterior walls, house wrap, GAF Timberline shingles, Gerkin windows, Heil 96%+ efficient furnace and 16 Seer central air, and insulated 8' x 16' garage door. The cabinetry is white

    Heather Morris SKOGMAN REALTY

    Section Image
  • 935 Indigo Dr, Palo, IA 52324

    $310,000

    • 3 Beds
    • 2 Baths
    • 1,449 Sq Ft
    • 935 Indigo Dr
    • Palo, IA

    Finishing touches are being completed by Ralston Construction on this quality built newly constructed home. A step above the competition with a vision board and specifications attached. You'll appreciate the 2" x 6" exterior walls, house wrap, GAF Timberline shingles, Gerkin windows, Heil 96%+ efficient furnace and 16 Seer central air, and insulated 8' x 16' garage door. The cabinetry is white

    Heather Morris SKOGMAN REALTY

    Section Image
  • 835 Indigo Dr, Palo, IA 52324

    $363,500

    • 3 Beds
    • 2 Baths
    • 1,451 Sq Ft
    • 835 Indigo Dr
    • Palo, IA

    CBC Homes, a premier local builder, is bringing quality construction back to Palo. This stunning zero-entry ranch home features top-notch materials and impressive design throughout. The oversized 2-car garage offers space for multiple vehicles and extra storage. Step outside to enjoy a private backyard complete with an additional concrete fire-pit patio. Inside, the home welcomes you with tall,

    Jeremy Trenkamp COLDWELL BANKER HEDGES CORRIDOR

    Section Image
  • 44 Thompson Dr, Palo, IA 52324

    $279,900

    • 4 Beds
    • 2 Baths
    • 1,912 Sq Ft
    • 44 Thompson Dr
    • Palo, IA

    Looking for country living? This charming and spacious. 4-bedroom home with 5th flex room has it all. The updated open kitchen has granite countertops, bar seating as well as a formal dining area. Off the kitchen the 3-seasons room leads to large deck with an easy wind/open pergola covering. A full bathroom featured on each level. There are lots of storage and closet spaces throughout the home.

    Cindy Guckenberger Key Realty

    Section Image
  • 4594 Creekview Trail, Palo, IA 52324

    $340,000

    • 3 Beds
    • 2 Baths
    • 2,090 Sq Ft
    • 4594 Creekview Trail
    • Palo, IA

    Welcome to your future home in the sought-after Dry Creek addition in Palo! Nestled on a spacious 0.39-acre lot, this well-maintained 3-bedroom, 2-bath home offers peaceful country views with the convenience of being just minutes from Cedar Rapids. Built in 2013, this home combines modern comfort with room to grow—featuring unfinished lower-level space with potential for 2 more bedrooms and a 3rd

    Lisa Nolan RE/MAX CONCEPTS

    Section Image

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2209504

Cedar Rapids Area Association of REALTORS®

APN: 12201-80004-00000