$208,400
SOLD AUG 17, 2015

1540 Cedar Bend Palo, IA 52324

4 Beds
3 Baths
2,787 Sq Ft
0.26 Acres

Recently Sold

$75 Per Sq Ft

5% Below List Price

71 Days on Market

Highlights

  • Home Theater
  • Spa
  • 2 Car Attached Garage
  • John F. Kennedy High School Rated A-
  • Ranch Style House
  • Eat-In Kitchen

About This Home

As of January 2020

CHECK OUT THIS RANCH HOME LOCATED 7 MINUTES WEST OF CEDAR RAPIDS IN THE POPULAR TOWN OF PALO. THIS ONE IS MOVE IN READY WITH ABSOLUTELY NOTHING TO DO BUT PAT YOURSELF ON THE BACK FOR FINDING THIS GEM. PRICED AGRESSIVELY FOR THE SQUARE FOOTAGE AND THE UPGRADES. 4 BEDROOMS WITH 3 UP AND ONE DOWN. 3 FULL BATHS, INCLDUING MASTER AND LOWER LEVEL BATH WITH SHOWER. FAMILY FRIENDLY FLOOR PLAN, SPACIOUS GREAT ROOM WITH 9 FT CEILINGS, AND CORNER FIREPLACE. LARGE EAT IN KITCHEN WITH SLIDERS TO ACCESS THE LARGE DECK WITH GREAT COUNTRY VIEWS. THE LOWER LEVEL OFFERS A BUILT IN BAR, HUGE REC/THEATER ROOM FOR HANGING OUT, OR WHATEVER YOUR HEART DESIRES, OTHER AMENDITITES INCLUDE A WOOD WORKING AREA, MAIN FLOOR LAUNDRY, ALL APPLINACES , IRRIGATION, ALONG WITH AN OVERSIZED 2 CAR GARAGE. THIS HOME HAS BEEN WELL CARED FOR AND IS READY TO MOVE RIGHT IN.

Last Agent to Sell the Property

Erika Parker

REVOLUTION REALTY TEAM Listed on: 04/30/2015

Last Buyer's Agent

Sonya Lagrange

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,546

Year Built

  • 2006

Lot Details

  • Lot Dimensions are 90 x 127
  • Fenced
  • Irrigation

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • Gas Fireplace
  • Great Room with Fireplace
  • Home Theater
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • Spa

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,546

Year Built

2006

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1506
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Palo
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 3546
  • List User Cell Phone: 319-558-7653
  • Low Lvl Fin Sq Ft: 1281
  • Miscellaneous: Fencing, Hot Tub, Irrigation System
  • Net Tax: 3546
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97886
  • Ratio Close Price By Original Li: 0.94770
  • Ratio Current Price By Sq Ft: 138.38
  • Total Sq Ft: 2787
  • Tax Roll Number: 122042601900000
  • Water Sewer Roads: City Sewer, City Water, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator
  • Additional Room: Theater Room
  • Basement: Full
  • 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: Brick

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

  • Elementary School: Viola Gibson
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: 90 X 127

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
Freeland Timothy
Bought by
Wade Katie and Wade Levi
Current Estimated Value
$344,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Outstanding Balance
$3,267
Interest Rate
6.49%
Estimated Equity
$322,075

Purchase Details

Closed on
Jul 30, 2024
Sold by
Freeland Timothy
Bought by
Freeland Timothy and Wade Katie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Outstanding Balance
$3,267
Interest Rate
6.49%
Estimated Equity
$322,075

Purchase Details

Closed on
Jun 9, 2023
Sold by
Michael R Wilkinson Revocable Trust
Bought by
Freeland Timothy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,500
Interest Rate
6.39%

Purchase Details

Closed on
Feb 25, 2021
Sold by
Wilkinson Michael R and Wilkinson Michael W
Bought by
Wilkinson Michael R and The Michael R Wilkinson Revoca

Purchase Details

Listed on
Nov 27, 2019
Closed on
Jan 2, 2020
Sold by
Sutherland Jacob and Sutherland Ashley
Bought by
Wilkinson Michael W
Seller's Agent
Margaret Jenkins
SKOGMAN REALTY
Buyer's Agent
Kevin Heinbuch
PRK Williams Realty
List Price
$239,000
Sold Price
$230,000
Premium/Discount to List
-$9,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%

Purchase Details

Listed on
Apr 30, 2015
Closed on
Aug 17, 2015
Sold by
Nelson Steven J and Nelson Maria K
Bought by
Sutherland Jacob and Kirchbaum Ashley
Seller's Agent
Erika Parker
REVOLUTION REALTY TEAM
Buyer's Agent
Sonya Lagrange
SKOGMAN REALTY
List Price
$219,900
Sold Price
$208,400
Premium/Discount to List
-$11,500
-5.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.25%
Original Mortgage
$35,428
Interest Rate
3.91%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 13, 2007
Sold by
Crowl Gregory and Crowl Andrea
Bought by
Nelson Steven J and Nelson Maria K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2006
Sold by
Ldl Investment Corp
Bought by
Crowl Gregory and Crowl Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Quit Claim Deed -- Title Services
Quit Claim Deed -- None Listed On Document
Warranty Deed $290,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $230,000 Stewart Title Guaranty Co
Warranty Deed $208,500 None Available
Warranty Deed $167,500 None Available
Warranty Deed $174,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $22,500 No Value Available
Open $256,000 New Conventional
Previous Owner $43,500 No Value Available
Previous Owner $232,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $87,000 Credit Line Revolving
Previous Owner $35,428 Stand Alone Second
Previous Owner $158,000 New Conventional
Previous Owner $138,000 New Conventional
Previous Owner $149,120 New Conventional
Previous Owner $30,000 Credit Line Revolving
Previous Owner $150,000 Purchase Money Mortgage
Previous Owner $130,000 Purchase Money Mortgage
Previous Owner $123,750 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2020 01/21/20 Sold $230,000 -2.7% $97 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
12/10/2019 12/10/19 Price Changed $236,500 -1.0% $99 / Sq Ft
11/27/2019 11/27/19 For Sale $239,000 +14.7% $100 / Sq Ft
08/17/2015 08/17/15 Sold $208,400 -5.2% $75 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $219,900 -- $79 / 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 $4,184 $291,600 $34,400 $257,200
2023 $4,184 $291,600 $34,400 $257,200
2022 $4,418 $224,700 $34,400 $190,300
2021 $3,726 $224,700 $34,400 $190,300
2020 $3,726 $217,500 $34,400 $183,100
2019 $3,916 $202,500 $34,400 $168,100
2018 $3,830 $202,500 $34,400 $168,100
2017 $3,753 $192,600 $34,400 $158,200
2016 $3,753 $192,700 $34,400 $158,300
2015 $3,801 $192,700 $34,400 $158,300
2014 $1,813 $192,700 $34,400 $158,300
2013 $3,546 $192,700 $34,400 $158,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1503407

Cedar Rapids Area Association of REALTORS®

APN: 12204-26019-00000