NOT LISTED FOR SALE

1281 W Mount Vernon Rd Mount Vernon, IA 52314

Estimated Value: $332,000 - $461,521

2 Beds
1 Bath
1,376 Sq Ft
$293/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $299,000 $217 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,446/month

3 Days on Market

Highlights

  • Formal Dining Room
  • 1 Car Detached Garage
  • Forced Air Cooling System
  • Mount Vernon Middle School Rated A-

About This Home

As of August 2020

This Is a well-cared for two-bedroom, one-bathroom home located along Mt. Vernon Road. It Includes attractive hardwood
trim and flooring with a partial open oak staircase. The acreage includes nice outbuildings that would work well for storage or
livestock. There is a nice creek running along the east portion of the property. The owner to the north has an ingress/egress
easement through this lot to provide access to their farm.

Last Agent to Sell the Property

Troy Louwagie

HERTZ REAL ESTATE SERVICE Listed on: 06/24/2020

Last Buyer's Agent

Troy Louwagie

HERTZ REAL ESTATE SERVICE Listed on: 06/24/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,520

Year Built

  • 1913

Lot Details

  • 6.91 Acre Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,376 Sq Ft Home
  • 1.75 Story Property
  • Formal Dining Room
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Utilities

  • Forced Air Cooling System
  • Well
  • Electric Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,520

Year Built

1913

Lot Details

0

Listing Details

  • Style: 1.75 Story
  • Acres: 6.9100
  • Above Grade Finished Sq Ft: 1376
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Mt Vernon
  • Dining Features: Formal Dining
  • Gross Tax: 1520
  • List User Cell Phone: 319-721-4068
  • Net Tax: 1520
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99833
  • Ratio Close Price By Original Li: 0.99833
  • Ratio Current Price By Sq Ft: 217.30
  • Total Sq Ft: 1376
  • Water Sewer Roads: Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1913

Interior Features

  • Appliances Included: Refrigerator, Water Heater – Electric
  • Basement: Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 8

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached
  • Garage Size: 20X30

Utilities

  • Heating Cooling: Central Air, Forced Air

Lot Info

  • Lot Size: 6.91 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Aug 13, 2020
Sold by
Moore Barbara B and Barbara B Moore Revocable Trus
Bought by
Wahl James W
Seller's Agent
Troy Louwagie
HERTZ REAL ESTATE SERVICE
Buyer's Agent
Troy Louwagie
HERTZ REAL ESTATE SERVICE
List Price
$299,500
Sold Price
$299,000
Premium/Discount to List
-$500
-0.17%
Current Estimated Value
$402,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,880
Avg. Annual Appreciation
5.73%
Original Mortgage
$284,050
Outstanding Balance
$201,693
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$201,187

Purchase Details

Closed on
Oct 12, 2015
Sold by
Moore Barbara B
Bought by
Moore Barbara B and The Barbara B Moore Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wahl James W $299,125 None Available
Moore Barbara B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wahl James W $284,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $299,000 -0.2% $217 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $299,500 -- $218 / 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 $3,920 $348,500 $119,000 $229,500
2024 $3,854 $329,400 $119,000 $210,400
2023 $3,854 $312,200 $119,000 $193,200
2022 $3,760 $254,700 $119,000 $135,700
2021 $2,850 $254,700 $119,000 $135,700
2020 $2,850 $173,200 $71,900 $101,300
2019 $1,520 $92,100 $10,200 $81,900
2018 $1,482 $92,100 $10,200 $81,900
2017 $1,580 $97,500 $11,600 $85,900
2016 $1,550 $97,500 $11,600 $85,900
2015 $1,598 $101,700 $14,000 $87,700
2014 $1,588 $101,700 $14,000 $87,700
2013 $1,532 $101,700 $14,000 $87,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Troy Louwagie

    HERTZ REAL ESTATE SERVICE

    (319) 721-4068

    183 Total Sales

    Troy Louwagie
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2004617

Cedar Rapids Area Association of REALTORS®

APN: 15254-26002-00000

Iowa Linn County Mount Vernon 52314

1281 W Mount Vernon Rd, Mount Vernon, IA

Not Listed for Sale

Detached

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