$64,000
SOLD SEP 12, 2014

1515 Summer St Grinnell, IA 50112

3 Beds
1.5 Baths
2,104 Sq Ft
0.28 Acres

Recently Sold

$30 Per Sq Ft

25% Below List Price

88 Days on Market

Highlights

  • In Ground Pool
  • Ranch Style House
  • 1 Car Attached Garage
  • Recreation Room
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of October 2020

FORECLOSURE PROPERTY SOLD AS-IS, NO PROPERTY DISCLOSURE, SPACIOUS HOME NOT A DRIVE BY! OFFERS 3 BEDROOMS, 1 1/2 BATHS, FORMAL DINING ROOM WITH BUILT-IN BUFFET, ROOMY KITCHEN WITH ISLAND, SIDE 3 SEASONS ROOM ADDITION READY FOR FINISHING, ATTACHED GARAGE, REAR PATIO WITH INGROUND POOL. ELEVATOR IN HOME FOR HANDICAP ACCESSIBILITY. PROPERTY IS ELIGIBLE UNDER FREDDIE MAC FIRST LOOK INITIATIVE THROUGH 5/14/2014. INVESTOR OFFERS ELIBIGLE AFTER 5/14/2014 OWNER OCCUPIED OFFERS ELIGIBLE IMMEDIATELY. LOAN PRE-APPROVAL LETTER OF PROOF OF CASH FUNDS MUST ACCOMPANY OFFER. CASH OR CONVENTIONAL TERMS ONLY. EARNEST TO BE CASHIERS CHECK SELLER DETERMINES AMOUNT. NO SUBJECT TO SALE OFFERS ALLOWED OR IMPROVEMENTS TO PROPERTY PRIOR TO CLOSING NO EXCEPTIONS. AGENTS FOR ALL SHOWINGS PLEASE CONTACT REMAX HIAWATHA OFFICE. SELLING CCB = 2.5%.

Last Agent to Sell the Property

Jim Willmsen

RE/MAX CONCEPTS Listed on: 04/25/2014

RE/MAX CONCEPTS

Last Buyer's Agent

Jim Willmsen

RE/MAX CONCEPTS Listed on: 04/25/2014

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Year Built

  • 1948

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 75 x 165

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Elevator
  • Formal Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1948

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2800
  • Above Grade Finished Sq Ft: 1399
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Grinnell
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 1974
  • Low Lvl Fin Sq Ft: 705
  • Miscellaneous: 3 Seasons, Elevator, Handicapped Features, In-Ground Pool, Patio
  • Net Tax: 1974
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98613
  • Ratio Close Price By Original Li: 0.75294
  • Ratio Current Price By Sq Ft: 45.75
  • Total Sq Ft: 2104
  • Taxable Value Tv: 114460.00
  • Tax Roll Number: 0512200
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Appliances Included: Microwave, Range, Refrigerator
  • Additional Room: Rec Room
  • Basement: Full
  • 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: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Attached
  • Garage Size: 396 SF

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Grinnell
  • Middle School: Grinnell
  • High School: Grinnell

Lot Info

  • Lot Size: 75 X 165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
Oct 1, 2020
Sold by
Ragusi Razzy L and Ragusi Rochelle B
Bought by
Beemer Andrew Lee
Seller's Agent
Diane Foster
TurnKey Realty LLC
Buyer's Agent
Diane Foster
TurnKey Realty LLC
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Current Estimated Value
$157,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,590
Avg. Annual Appreciation
6.61%
Original Mortgage
$111,416
Outstanding Balance
$99,099
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$58,491

Purchase Details

Listed on
Oct 1, 2014
Closed on
Feb 18, 2015
Sold by
Chedester Jason E
Bought by
Ragusi Razzy L
Seller's Agent
Diane Foster
TurnKey Realty LLC
Buyer's Agent
Diane Foster
TurnKey Realty LLC
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Original Mortgage
$82,450
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 25, 2014
Closed on
Jul 24, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Chedester Jason E
Seller's Agent
Jim Willmsen
RE/MAX CONCEPTS
Buyer's Agent
Jim Willmsen
RE/MAX CONCEPTS
List Price
$85,000
Sold Price
$64,000
Premium/Discount to List
-$21,000
-24.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.58%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $115,000 None Available
Warranty Deed $85,000 None Available
Special Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $111,416 FHA
Previous Owner $82,450 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $115,000 0.0% $82 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
06/28/2020 06/28/20 Price Changed $115,000 -7.3% $82 / Sq Ft
05/15/2020 05/15/20 Price Changed $124,000 -0.8% $89 / Sq Ft
02/26/2020 02/26/20 For Sale $125,000 +47.1% $89 / Sq Ft
02/20/2015 02/20/15 Sold $85,000 0.0% $61 / Sq Ft
11/01/2014 11/01/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $85,000 +32.8% $61 / Sq Ft
09/12/2014 09/12/14 Sold $64,000 -24.7% $30 / Sq Ft
07/22/2014 07/22/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $85,000 -- $40 / 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
2024 $2,128 $139,640 $34,760 $104,880
2023 $2,266 $139,640 $34,760 $104,880
2022 $2,244 $128,730 $28,660 $100,070
2021 $2,244 $121,450 $27,040 $94,410
2020 $2,076 $115,550 $27,040 $88,510
2019 $2,112 $115,550 $27,040 $88,510
2018 $2,074 $115,550 $27,040 $88,510
2017 $2,074 $115,550 $27,040 $88,510
2016 $2,088 $115,550 $27,040 $88,510
2015 $2,088 $114,460 $23,780 $90,680
2014 $2,258 $114,460 $23,780 $90,680
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Diane Foster

    TurnKey Realty LLC

    (641) 990-1210

    11 Total Sales

    Diane Foster
    Section Image
  • Jim Willmsen

    Seller's Agent in 2014

    Jim Willmsen

    RE/MAX

    (319) 981-7653

    69 Total Sales

    Jim Willmsen
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1402740

Cedar Rapids Area Association of REALTORS®

APN: 180-0512200

Iowa Poweshiek County Grinnell 50112

1515 Summer St, Grinnell, IA

This home is located at 1515 Summer St, Grinnell, IA 50112 and is currently priced at $64,000, approximately $30 per square foot. This property was built in 1948. 1515 Summer St is a home located in Poweshiek County with nearby schools including Grinnell Community Senior High School and Central Iowa Christian 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.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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