NOT LISTED FOR SALE

1586 5th Ave Marion, IA 52302

Estimated Value: $128,000 - $205,000

4 Beds
2 Baths
1,712 Sq Ft
$98/Sq Ft Est. Value

Last Sold December 02, 2019

Last sale price $82,000 $48 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,137/month

23 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Formal Dining Room
  • Eat-In Kitchen
  • Starry Elementary School Rated A-
  • 2 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of December 2019

Best value in Marion! Over 1700 SF 3-5 bedroom, 2 full bath home with over-sized 2 stall garage plus tons of additional off-street parking priced UNDER $100,000! Huge kitchen! Newer replacement windows and offers maintenance free siding! Did I mention it is zoned commercial so has unlimited potential for the entrepreneur, handy man or shop owner? Secondary access to upstairs allows for even greater flexibility for use or simply a great place for you and your growing family! Currently set up for main floor laundry but could easily be added upstairs as well! 1 bedroom plus a non-conforming bedroom on the main floor plus 3 more possible bedrooms upstairs. (one does not have a closet). Seller is offering a home warranty so buy with confidence! Put this one on your "must show" list! Great value in this price range!

Last Agent to Sell the Property

Curtis Cleveland

Realty87 Listed on: 09/30/2019

Realty87

Last Buyer's Agent

Kathleen Cobler

RUHL & RUHL REALTORS®

RUHL & RUHL REALTORS®

Home Details

Home Type

  • Single Family

Year Built

  • 1900

Lot Details

  • Lot Dimensions are 63 x 125

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,712 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

1900

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1712
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • City Name: Marion
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 2342
  • List User Cell Phone: 319-360-0708
  • Miscellaneous: Cable Ready
  • Net Tax: 2342
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.94253
  • Ratio Close Price By Original Li: 0.82828
  • Ratio Current Price By Sq Ft: 47.90
  • Total Sq Ft: 1712
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Appliances Included: Garage Door Opener, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 3
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 720

Utilities

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

Schools

  • Elementary School: Starry
  • Middle School: Vernon
  • High School: Marion

Lot Info

  • Lot Size: 63 X 125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2019
Closed on
Nov 25, 2019
Sold by
Gage David F and Gage Mary Christine
Bought by
Spearhomes Llc Series 20
Seller's Agent
Curtis Cleveland
Realty87
Buyer's Agent
Kathleen Cobler
RUHL & RUHL REALTORS®
List Price
$99,000
Sold Price
$82,000
Premium/Discount to List
-$17,000
-17.17%
Current Estimated Value
$168,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,469
Avg. Annual Appreciation
13.52%
Original Mortgage
$103,600
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 25, 2009
Sold by
Gage David F and Gage Mary Christine
Bought by
Gage David F and Gage Mary Christine
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 Buyer Sale Price Title Company
Spearhomes Llc Series 20 $82,000 None Available
Gage David F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Spearhomes Llc Series 20 $247,655
Previous Owner Spearhomes Llc Series 20 $103,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2019 12/02/19 Sold $82,000 -5.7% $48 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
10/22/2019 10/22/19 Price Changed $87,000 -8.4% $51 / Sq Ft
10/07/2019 10/07/19 Price Changed $95,000 -4.0% $55 / Sq Ft
09/30/2019 09/30/19 For Sale $99,000 -- $58 / 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
2023 $2,478 $141,200 $17,500 $123,700
2022 $2,394 $111,400 $17,500 $93,900
2021 $2,240 $111,400 $17,500 $93,900
2020 $2,240 $99,100 $17,500 $81,600
2019 $2,188 $97,100 $17,500 $79,600
2018 $2,342 $97,100 $17,500 $79,600
2017 $2,316 $104,100 $19,100 $85,000
2016 $2,316 $104,100 $19,100 $85,000
2015 $2,212 $99,800 $19,100 $80,700
2014 $2,212 $99,800 $19,100 $80,700
2013 $2,126 $99,800 $19,100 $80,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1907295

Cedar Rapids Area Association of REALTORS®

APN: 15062-22009-00000