NOT LISTED FOR SALE

1276 Cedar Springs Dr Marion, IA 52302

Estimated Value: $404,000 - $547,000

5 Beds
3 Baths
2,742 Sq Ft
$182/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $519,000 $189 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,043/month

68 Days on Market

Highlights

  • New Construction
  • Deck
  • 3 Car Attached Garage
  • Echo Hill Elementary School Rated A
  • Ranch Style House
  • Forced Air Cooling System

About This Home

As of October 2023

Stunning new construction home that is pleasing to the eye and ready to be called home. 5 bed, 3 bath, 3 stall garage. Exciting amenities include: Volume ceilings, Quartz countertops throughout, spacious kitchen with custom cabinetry, modern backsplash, stainless appliance package with gas stove. Master suite with tiled shower, and double vanity. Main level laundry with drop zone. Other amenities include: Spacious lower level with fireplace and wet bar, covered maintenance free covered porch with large patio area, central vacuum. This home is completed with quality and style and is ready for you! Taxes not fully assessed.

Last Agent to Sell the Property

Troy Mysak

Realty87 Listed on: 07/20/2023

Realty87

Last Buyer's Agent

Bart Barner

BARNER REALTY & AUCTION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,096

Year Built

  • 2023

Lot Details

  • 0.31 Acre Lot

Home Design

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

Interior Spaces

  • Central Vacuum
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Gas Water Heater

Community Details

  • Built by Structure Builders Inc

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,096

Year Built

2023

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.3100
  • Above Grade Finished Sq Ft: 1682
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Marion
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • List User Cell Phone: 319-721-7855
  • Low Lvl Fin Sq Ft: 1060
  • Miscellaneous: Deck, Patio
  • New Construction: Yes
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.01785
  • Ratio Close Price By Original Li: 1.01785
  • Ratio Current Price By Sq Ft: 308.56
  • Total Sq Ft: 2742
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2023

Interior Features

  • Appliances Included: Central Vac, Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Living 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: 3 Car

Utilities

  • Heating Cooling: Central Air, Forced Air

Lot Info

  • Lot Size: Irregular

Building Info

  • Builder Name: Structure Builders Inc

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Oct 11, 2023
Sold by
Structure Builders Inc
Bought by
Mendelke Nicholas G and Mendelke Anne M
Seller's Agent
Troy Mysak
Realty87
Buyer's Agent
Bart Barner
BARNER REALTY & AUCTION
List Price
$509,900
Sold Price
$519,000
Premium/Discount to List
$9,100
1.78%
Views
60
Current Estimated Value
$497,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,259
Avg. Annual Appreciation
-2.05%
Original Mortgage
$353,500
Outstanding Balance
$346,627
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$151,114

Purchase Details

Closed on
Sep 13, 2022
Sold by
Integrity Custom Homes Inc
Bought by
Structure Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,500
Interest Rate
5.3%
Mortgage Type
New Conventional
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
Mendelke Nicholas G $519,000 None Listed On Document
Structure Builders Inc -- None Listed On Document
Structure Builders Inc $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendelke Nicholas G $353,500
Previous Owner Structure Builders Inc $349,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2023 10/24/23 Sold $519,000 +1.8% $189 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $509,900 0.0% $186 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $509,900 -- $186 / 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 $5,096 $506,900 $66,800 $440,100
2024 $148 $497,700 $66,800 $430,900
2023 $148 $271,000 $66,800 $204,200
2022 $14,800 $6,700 $6,700 $0
2021 $142 $6,700 $6,700 $0
2020 $130 $0 $0 $0
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2304762

Cedar Rapids Area Association of REALTORS®

APN: 11231-29008-00000