NOT LISTED FOR SALE

1280 Terrace St Marion, IA 52302

Estimated Value: $192,000 - $197,457

4 Beds
2 Baths
1,429 Sq Ft
$137/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $177,500 $124 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,305/month

16 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Breakfast Area or Nook
  • Forced Air Heating and Cooling System
  • Oak Ridge School Rated A-
  • Living Room
  • Dining Room

About This Home

As of October 2022

Very nice Marion ranch. Yard is semi-private and fully fenced and has a large deck. Extra wide driveway for extra parking. New roof and newer vinyl windows. Inside has all new fresh paint and new flooring throughout the home. 4 full bedrooms with a 5th nonconforming room and two full bathrooms.

Last Agent to Sell the Property

Jeremy Trenkamp

Realty87 Listed on: 08/26/2022

Realty87

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,912

Year Built

  • Built in 1968

Lot Details

  • 7,841

Parking

  • 1 Parking Space

Home Design

  • Frame Construction

Interior Spaces

  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Schools

  • Bowman Elementary School
  • Oak Ridge Middle School
  • Linn Mar High School

Additional Features

  • 7,841 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 113548002000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,912

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1429
  • Owner Name L F Mi: Hayjax Inc
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Seller is a licensed real estate agent in the state of Iow
  • Year Built: 1968
  • Tax Year Report: 2021
  • Directions: Lindale to Alpine to Terrace
  • L O1 Dues Paid: y
  • Amenities: Sidewalks
  • Basement Remarks: Full
  • Fireplace Type Location: None
  • Interior R: Other
  • Kitchen Breakfast R: Breakfast Area
  • Lot Description R: Less than .5 Acre
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2661
  • Remarks2: Very nice Marion ranch. Yard is semi-private and fully fenced and has a large deck. Extra wide driveway for extra parking. New roof and newer vinyl windows. Inside has all new fresh paint and new flooring throughout the home. 4 full bedrooms with a 5th nonconforming room and two full bathrooms.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 2
  • Number Bedrooms Main: 2
  • Sq Ft Above: 929
  • Total Full Baths: 2
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 500
  • Mstr Br Level: Main
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

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

Schools

  • Elementary School: Bowman
  • Middle School: OAK RIDGE
  • High School: Linn Mar
  • High School: Linn Mar
  • Jr Middle School: OAK RIDGE
  • Elementary School: Bowman

Lot Info

  • Acreage: 0.18
  • Geo Subdivision: IA
  • Lot Dimensions: .184 Acre
  • Zoning: Res

Tax Info

  • Gross Tax County City: 2963
  • Assessor Parcel Number: 113548002000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Oct 5, 2022
Sold by
Hayjax Inc
Bought by
Hudson Jessica
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$185,000
Sold Price
$177,500
Premium/Discount to List
-$7,500
-4.05%
Views
45
Current Estimated Value
$195,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,864
Avg. Annual Appreciation
3.37%
Original Mortgage
$159,750
Outstanding Balance
$153,388
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$41,976

Purchase Details

Listed on
Jun 14, 2022
Closed on
Jun 22, 2022
Sold by
Pospisil Brian T
Bought by
Hayjax Inc
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Jeremy Trenkamp
Realty87
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
174.89%

Purchase Details

Closed on
Dec 17, 2021
Sold by
Hicks Jodie L and Hicks Jodie Lynn
Bought by
Pospisil Brian T

Purchase Details

Closed on
Dec 8, 2008
Sold by
Cook William C and Cook Megan L
Bought by
Pospisil Brian T and Pospisil Jodie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,525
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2008
Sold by
Lee Robert G and Lee Stacey R
Bought by
Cook William C and Cook Megan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,115
Interest Rate
5.74%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2001
Sold by
Brown Rodney J and Brown Sherrie E
Bought by
Lee Robert G and Lee Stacey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,286
Interest Rate
7.22%
Mortgage Type
FHA
Source: Public Records

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
Hudson Jessica $177,500 --
Hayjax Inc $145,000 None Listed On Document
Pospisil Brian T -- None Available
Pospisil Brian T $119,000 Stewart Title Guaranty Co
Cook William C $121,500 None Available
Lee Robert G $90,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudson Jessica $159,750
Previous Owner Pospisil Brian T $103,000
Previous Owner Pospisil Brian T $113,525
Previous Owner Cook William C $120,115
Previous Owner Lee Robert G $90,286
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $177,500 -1.3% $124 / Sq Ft
09/11/2022 09/11/22 Pending -- -- --
08/29/2022 08/29/22 Price Changed $179,900 -2.8% $126 / Sq Ft
08/26/2022 08/26/22 For Sale $185,000 +27.6% $129 / Sq Ft
07/25/2022 07/25/22 Sold $145,000 0.0% $101 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $145,000 -- $101 / 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 $2,912 $150,400 $20,100 $130,300
2023 $2,912 $150,400 $20,100 $130,300
2022 $2,774 $140,100 $20,100 $120,000
2021 $2,632 $140,100 $20,100 $120,000
2020 $2,632 $125,400 $20,100 $105,300
2019 $2,430 $116,200 $20,100 $96,100
2018 $2,330 $116,200 $20,100 $96,100
2017 $2,410 $111,700 $20,100 $91,600
2016 $2,410 $111,700 $20,100 $91,600
2015 $2,401 $111,700 $20,100 $91,600
2014 $2,214 $111,700 $20,100 $91,600
2013 $2,112 $111,700 $20,100 $91,600
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Trenkamp

    Seller's Agent in 2022

    Jeremy Trenkamp

    Realty87

    (319) 270-1323

    101 in this area

    829 Total Sales

    Jeremy Trenkamp
    Section Image

  • N

    Buyer's Agent in 2022

    Nonmember NONMEMBER

    NONMEMBER

See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202204882

Iowa City Area Association of REALTORS®

APN: 11354-80020-00000

Iowa Linn County Marion 52302

1280 Terrace St, Marion, IA

This home is located at 1280 Terrace St, Marion, IA 52302 since 26 August 2022 and is currently estimated at $195,364, approximately $136 per square foot. This property was built in 1968. 1280 Terrace St is a home located in Linn County with nearby schools including Novak Elementary School, Oak Ridge School, and Linn-Mar High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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