NOT LISTED FOR SALE

150 W May St Marengo, IA 52301

Estimated Value: $55,000 - $132,000

2 Beds
2 Baths
1,248 Sq Ft
$88/Sq Ft Est. Value

Sale Details

Date Sold: January 24, 2020

Last sale price $29,000 $23 Per Sq Ft

Est. 280% increase in value since last sale

Current estimated payment $730 / mo

4 Days on Market

Highlights

  • Ranch Style House
  • Combination Kitchen and Dining Room
  • 5-minute walk to Gateway Park

About This Home

As of January 2020

Investment opportunity alert! 2 separate units which include 1 bedroom/1 bathroom w/bonus room! Ranch style with vinyl siding. Come see how a little TLC would make this the perfect income property for you!

Last Agent to Sell the Property

Lexi Belland Perez

LEPIC-KROEGER CORRIDOR, REALTORS Listed on: 12/23/2019

LEPIC-KROEGER CORRIDOR, REALTORS

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • 1971

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 75x71

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,248 Sq Ft Home
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

1971

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Style: Ranch
  • Acres: 0.1200
  • Above Grade Finished Sq Ft: 1248
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Marengo
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 1286
  • List User Cell Phone: 319-530-1055
  • Net Tax: 1286
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.82857
  • Ratio Close Price By Original Li: 0.82857
  • Ratio Current Price By Sq Ft: 23.24
  • Total Sq Ft: 1248
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1971

Interior Features

  • Appliances Included: Microwave, Range, Refrigerator, Water Heater – Gas
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Lot Info

  • Lot Size: 75x71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2019
Closed on
Jan 14, 2020
Sold by
Greenstate Credit Union
Bought by
Taf Investments Llc
Seller's Agent
Lexi Belland Perez
LEPIC-KROEGER CORRIDOR, REALTORS
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$35,000
Sold Price
$29,000
Premium/Discount to List
-$6,000
-17.14%
Current Estimated Value
$110,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,149
Avg. Annual Appreciation
23.89%

Purchase Details

Closed on
May 29, 2007
Sold by
Krigel Ryan P and Krigel Cari A
Bought by
Wendt Nathaniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,800
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
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
Taf Investments Llc $29,000 None Available
Wendt Nathaniel L $68,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wendt Nathaniel L $6,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2020 01/24/20 Sold $29,000 -17.1% $23 / Sq Ft
12/27/2019 12/27/19 Pending -- -- --
12/23/2019 12/23/19 For Sale $35,000 -- $28 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

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 $1,699 $91,770 $15,440 $76,330
2024 $1,601 $83,520 $15,440 $68,080
2023 $1,605 $83,520 $15,440 $68,080
2022 $1,369 $71,490 $12,780 $58,710
2021 $1,280 $71,490 $12,780 $58,710
2020 $1,243 $61,900 $11,720 $50,180
2019 $1,337 $61,900 $11,720 $50,180
2018 $1,233 $59,040 $10,650 $48,390
2017 $1,175 $59,040 $10,650 $48,390
2016 $1,124 $56,570 $10,650 $45,920
2015 -- $56,570 $10,650 $45,920
2014 -- $55,270 $10,650 $44,620
Source: Public Records

Agents Affiliated with this Home

  • Lexi Belland Perez

    Seller's Agent in 2020

    Lexi Belland Perez

    LEPIC-KROEGER CORRIDOR, REALTORS

    (319) 530-1055

    50 in this area

    464 Total Sales

    Lexi Belland Perez
    Section Image

  • D

    Buyer's Agent in 2020

    Donald Fieldhouse

    Cedar Rapids Area Association of REALTORS

    (239) 774-6598

    38 in this area

    5,201 Total Sales

    Donald Fieldhouse
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1908863

Cedar Rapids Area Association of REALTORS®

APN: 73-28-0406-1

Iowa Iowa County Marengo 52301

150 W May St, Marengo, IA

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