NOT LISTED FOR SALE

1777 108th St Marengo, IA 52301

Estimated Value: $388,000 - $692,725

9.25 Acres
$53,179 Price per Acre
402,930 Sq Ft Lot

Last Sold November 20, 2019

Last sale price $72,500

Est. 578% increase in value since last sale

Current estimated payment $2,743/month

42 Days on Market

About This Lot

As of November 2019

The perfect spot to build your dream home situated between Blairstown and Marengo not far from Hannen Lake. 9.25 acres m/l with electricity and rural water already on the property.

Last Agent to Sell the Property

Dan Kaestner

IOWA REALTY Listed on: 08/23/2019

IOWA REALTY

Co-Listed By

Annie Kaestner

SKOGMAN REALTY

Last Buyer's Agent

Dan Kaestner

IOWA REALTY Listed on: 08/23/2019

IOWA REALTY

Property Details

Property Type

  • Land

Lot Details

  • 9.25 Acre Lot
  • Gentle Sloping Lot

Farming

  • Barn

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Acres: 9.2500
  • City Name: Marengo
  • Current Zoning: Ag
  • Gross Tax: 2215
  • List User Cell Phone: 319-560-2330
  • Miscellaneous: Barn(s)
  • Net Tax: 2215
  • Property Sub Types: Residential Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.72573
  • Ratio Close Price By Original Li: 0.69048
  • Water Sewer Roads: City Sewer, Unpaved
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Gentle Roll

Utilities

  • Utilities: Electric

Schools

  • Elementary School: Iowa Valley
  • Middle School: Iowa Valley
  • High School: Iowa Valley

Lot Info

  • Lot Size: 9.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2022
Sold by
Fults Matthew D and Fults Angela C
Bought by
Swift Matthew R
Current Estimated Value
$491,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
5.3%

Purchase Details

Listed on
Aug 23, 2019
Closed on
Nov 17, 2019
Sold by
Schanbacher Neal August
Bought by
Fults Matthew D and Fults Angela C
Seller's Agent
Dan Kaestner
IOWA REALTY
Buyer's Agent
Dan Kaestner
IOWA REALTY
List Price
$105,000
Sold Price
$72,500
Premium/Discount to List
-$32,500
-30.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.99%
Original Mortgage
$65,183
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Swift Matthew R $205,000 None Listed On Document
Fults Matthew D $72,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swift Matthew R $164,000
Previous Owner Fults Matthew D $65,183
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2019 11/20/19 Sold $72,500 -27.4% --
10/04/2019 10/04/19 Pending -- -- --
09/24/2019 09/24/19 Price Changed $99,900 -4.9% --
08/23/2019 08/23/19 For Sale $105,000 -65.0% --
03/10/2016 03/10/16 Sold $300,000 -60.0% --
03/10/2016 03/10/16 Pending -- -- --
06/29/2015 06/29/15 For Sale $750,000 -- --
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 $1,616 $604,440 $50,340 $554,100
2023 $734 $128,550 $50,340 $78,210
2022 $628 $50,530 $44,290 $6,240
2021 $242 $50,530 $44,290 $6,240
2020 $2,026 $12,190 $9,550 $2,640
2019 $2,230 $151,740 $9,550 $142,190
2018 $2,140 $152,770 $13,470 $139,300
2017 $2,140 $152,770 $13,470 $139,300
2016 $2,196 $155,960 $13,910 $142,050
2015 $2,196 $159,290 $17,240 $142,050
2014 $2,120 $156,210 $16,560 $139,650
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1906334

Cedar Rapids Area Association of REALTORS®

APN: 11-05-0403-4