NOT LISTED FOR SALE

1463 Forest Ln Marion, IA 52302

Estimated Value: $498,500 - $557,000

5 Beds
3 Baths
3,292 Sq Ft
$161/Sq Ft Est. Value

Last Sold August 01, 2018

Last sale price $370,000 $112 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,545/month

16 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Great Room with Fireplace
  • Echo Hill Elementary School Rated A
  • Ranch Style House
  • Formal Dining Room

About This Home

As of August 2018

Spacious ranch in desirable Bowman Hills! Hardwood floors throughout the foyer, kitchen, formal dining, hallways, & drop zone. Great room with floor-to-ceiling stone gas fireplace. Gourmet kitchen with apron front sink, granite counters, stainless steel appliances, breakfast bar, corner pantry & daily dining area with sliders to the deck. Formal dining room with custom pillars & butler's pantry. Drop zone with lockers & laundry room with cabinets, utility sink & planning desk. Spacious master suite with walk-in closet, tile shower with pebble floor & dual shower heads, tile floors, & granite dual vanity with linen tower. 2 additional bedrooms & a bath with dual vanity completes the main. Walkout lower level features a rec room with wet bar, 2 large bedrooms (one with double closets), full bath & lots of storage space. Beautiful yard with oversized patio & deck. In wall speakers & roughed-in for security system. Incredible value!

Last Agent to Sell the Property

Debra Callahan

RE/MAX CONCEPTS Listed on: 05/07/2018

RE/MAX CONCEPTS

Last Buyer's Agent

Brooke Zrudsky

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,896

Year Built

  • 2011

Lot Details

  • 0.34 Acre Lot

Home Design

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

Interior Spaces

  • Sound System
  • Gas Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Satellite Dish
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,896

Year Built

2011

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.3370
  • Above Grade Finished Sq Ft: 2142
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Marion
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 7896
  • List User Cell Phone: 319-431-3559
  • Low Lvl Fin Sq Ft: 1150
  • Miscellaneous: Cable Ready, Deck, Patio, Satellite Dish, Sound System
  • Net Tax: 7707
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98013
  • Ratio Close Price By Original Li: 0.98013
  • Ratio Current Price By Sq Ft: 172.74
  • Total Sq Ft: 3292
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2011

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Laundry, Great Room, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Great 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

Utilities

  • Heating Cooling: Central Air, Gas Heat

Lot Info

  • Lot Size: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2022
Sold by
Sankar Ravisankar Srikanth and Sw Srivalli
Bought by
Srikanth Sankar Ravisankar Trust
Current Estimated Value
$542,856

Purchase Details

Listed on
May 7, 2018
Closed on
Jul 24, 2018
Sold by
Shepherd Quintin D and Shepherd Sarah E
Bought by
Ravisankar Srikanth Sankar and Mamillapalli Srivalli Swathi
Seller's Agent
Debra Callahan
RE/MAX CONCEPTS
Buyer's Agent
Brooke Zrudsky
Pinnacle Realty LLC
List Price
$377,500
Sold Price
$370,000
Premium/Discount to List
-$7,500
-1.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$314,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2015
Closed on
May 14, 2015
Sold by
Driscoll Daniel P and Driscoll Kathrine A
Bought by
Shepherd Quintin D and Shepherd Sarah E
Seller's Agent
Debra Callahan
RE/MAX Concepts
Buyer's Agent
Debra Callahan
RE/MAX Concepts
List Price
$379,900
Sold Price
$370,000
Premium/Discount to List
-$9,900
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$333,000
Interest Rate
3.25%
Mortgage Type
Closed End Mortgage

Purchase Details

Listed on
May 10, 2012
Closed on
Oct 5, 2012
Sold by
Midwest Development Co
Bought by
Driscoll Daniel P and Driscoll Kathrine A
Seller's Agent
Brandon Wilson
SKOGMAN REALTY
Buyer's Agent
Brandon Wilson
SKOGMAN REALTY
List Price
$360,190
Sold Price
$368,455
Premium/Discount to List
$8,265
2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.16%
Original Mortgage
$55,200
Interest Rate
3.57%
Mortgage Type
Unknown
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
Srikanth Sankar Ravisankar Trust -- Simmons Perrine Moyer Bergman
Ravisankar Srikanth Sankar $370,000 None Available
Shepherd Quintin D $370,000 None Available
Driscoll Daniel P $368,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ravisankar Srikanth Sankar $314,500
Previous Owner Shepherd Quintin D $333,000
Previous Owner Driscoll Daniel P $55,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2018 08/01/18 Sold $370,000 -2.0% $112 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $377,500 +2.0% $115 / Sq Ft
05/15/2015 05/15/15 Sold $370,000 -2.6% $112 / Sq Ft View Prior Sale
04/02/2015 04/02/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $379,900 +3.1% $114 / Sq Ft
10/08/2012 10/08/12 Sold $368,455 +2.3% $111 / Sq Ft View Prior Sale
05/14/2012 05/14/12 Pending -- -- --
05/10/2012 05/10/12 For Sale $360,190 -- $109 / 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 $8,714 $516,700 $45,500 $471,200
2024 $8,220 $473,900 $45,500 $428,400
2023 $8,220 $473,900 $45,500 $428,400
2022 $7,832 $379,300 $45,500 $333,800
2021 $8,186 $379,300 $45,500 $333,800
2020 $8,186 $371,900 $45,500 $326,400
2019 $7,828 $371,900 $45,500 $326,400
2018 $7,520 $355,500 $45,500 $310,000
2017 $7,884 $363,500 $45,500 $318,000
2016 $7,816 $362,200 $45,500 $316,700
2015 $7,789 $362,200 $45,500 $316,700
2014 $7,602 $362,200 $45,500 $316,700
2013 $7,256 $362,200 $45,500 $316,700
Source: Public Records

Agents Affiliated with this Home

  • Debra Callahan

    Seller's Agent in 2018

    Debra Callahan

    RE/MAX

    (319) 431-3559

    179 in this area

    683 Total Sales

    Debra Callahan
    Section Image
  • Brooke Zrudsky

    Buyer's Agent in 2018

    Brooke Zrudsky

    Pinnacle Realty LLC

    (319) 899-2565

    74 in this area

    198 Total Sales

    Brooke Zrudsky
    Section Image

  • B

    Seller's Agent in 2012

    Brandon Wilson

    SKOGMAN REALTY

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1803125

Cedar Rapids Area Association of REALTORS®

APN: 11264-54017-00000

Iowa Linn County Marion 52302

1463 Forest Ln, Marion, IA

Not Listed for Sale

Detached

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