NOT LISTED FOR SALE

1438 Arrowhead Rd Mount Vernon, IA 52314

Estimated Value: $260,000 - $341,558

3 Beds
1.5 Baths
1,414 Sq Ft
$218/Sq Ft Est. Value

Last Sold August 09, 2022

Last sale price $315,000 $223 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,850/month

36 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Main Floor Primary Bedroom
  • Mount Vernon Middle School Rated A-
  • Raised Ranch Architecture
  • Combination Kitchen and Dining Room

About This Home

As of August 2022

This is what you have been waiting for!! Private, country living with perfect convenience. This home is ideally located just 9 minutes to downtown Mt Vernon and 15 minutes to downtown Cedar Rapids. Imagine coming home to this idealistic country lot! The updates are endless in this home with a completely remodeled living space, and room to grow downstairs! New flooring, updated electrical, new backsplash and updated kitchen, black stainless appliances are just a few benefits of this home. A rare find in the Mt Vernon School District! Dont miss out on this opportunity!

Last Agent to Sell the Property

Jacob Buster

Pinnacle Realty LLC Listed on: 05/19/2022

Pinnacle Realty LLC

Co-Listed By

Denver Meinert

Pinnacle Realty LLC

Last Buyer's Agent

Nick Gearhart

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,326

Year Built

  • 1976

Lot Details

  • 1.07 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Raised Ranch Architecture
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Well
  • Water Softener Leased
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,326

Year Built

1976

Lot Details

0

Listing Details

  • Style: Raised Ranch
  • Acres: 1.0700
  • Above Grade Finished Sq Ft: 1232
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Mt Vernon
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 2326
  • List User Cell Phone: 319-899-2956
  • Low Lvl Fin Sq Ft: 182
  • Miscellaneous: Cable Ready, Deck, Storage Shed
  • Net Tax: 2326
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96923
  • Ratio Close Price By Original Li: 0.85135
  • Ratio Current Price By Sq Ft: 255.68
  • Total Sq Ft: 1414
  • Water Sewer Roads: Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Water Softener – Lease
  • Additional Room: Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars

Lot Info

  • Lot Size: 46609.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Aug 3, 2022
Sold by
Zahourek Lane M and Zahourek Phelan N
Bought by
Frahm Tessa Jo
Seller's Agent
Jacob Buster
Pinnacle Realty LLC
Buyer's Agent
Nick Gearhart
Realty87
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Current Estimated Value
$308,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,110
Avg. Annual Appreciation
-0.58%
Original Mortgage
$305,550
Outstanding Balance
$292,556
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$16,334

Purchase Details

Closed on
Jul 19, 2021
Sold by
Vale Richard and Kelly Courtney
Bought by
Zahourek Lane M and Zahourek Phelan N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2017
Sold by
Brindley Mary Anne
Bought by
Vale Richard J and Kelley Courtney Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,650
Interest Rate
3.78%
Mortgage Type
Second Mortgage Made To Cover Down Payment
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
Frahm Tessa Jo $315,000 Oshea & Oshea Pc
Zahourek Lane M $240,000 None Available
Vale Richard J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frahm Tessa Jo $305,550
Previous Owner Zahourek Lane M $228,000
Previous Owner Vale Richard J $18,650
Previous Owner Vale Richard J $149,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2022 08/09/22 Sold $315,000 -3.1% $223 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
06/18/2022 06/18/22 For Sale $325,000 0.0% $230 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/09/2022 06/09/22 Price Changed $325,000 -7.1% $230 / Sq Ft
05/23/2022 05/23/22 Price Changed $350,000 -5.4% $248 / Sq Ft
05/19/2022 05/19/22 For Sale $370,000 -- $262 / 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 $2,704 $229,000 $51,000 $178,000
2024 $2,378 $213,800 $51,000 $162,800
2023 $2,378 $213,800 $51,000 $162,800
2022 $2,458 $160,600 $51,000 $109,600
2021 $2,326 $160,600 $51,000 $109,600
2020 $2,326 $141,300 $35,400 $105,900
2019 $2,230 $134,100 $35,400 $98,700
2018 $1,982 $134,100 $35,400 $98,700
2017 $2,039 $127,600 $35,400 $92,200
2016 $2,039 $127,600 $35,400 $92,200
2015 $2,037 $127,600 $35,400 $92,200
2014 $1,894 $127,600 $35,400 $92,200
2013 $1,824 $127,600 $35,400 $92,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jacob Buster

    Pinnacle Realty LLC

    Section Image

  • D

    Seller Co-Listing Agent in 2022

    Denver Meinert

    Pinnacle Realty LLC

    (563) 554-4058

    40 Total Sales

    Denver Meinert
    Section Image

  • N

    Buyer's Agent in 2022

    Nick Gearhart

    Realty87

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2204383

Cedar Rapids Area Association of REALTORS®

APN: 15264-02003-00000

Iowa Linn County Mount Vernon 52314

1438 Arrowhead Rd, Mount Vernon, IA

Not Listed for Sale

Detached

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