NOT LISTED FOR SALE

1882 Big Spring Rd Marion, IA 52302

Estimated Value: $401,000 - $792,888

4 Beds
3 Baths
2,757 Sq Ft
$215/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $600,000 $218 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,874/month

154 Days on Market

Highlights

  • Waterfront
  • 11.66 Acre Lot
  • Recreation Room
  • Linn-Mar High School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of May 2014

'Getty Up' and get on over here to see this one of a kind homestead that any horse lover & nature enthusiast would LOVE! Located on Hwy 13 just minutes from Marion you will find approximately 11.66 acres with 2 outbuildings, horse barn with 5 stalls & wash stall and heated 54' x 90' outbuilding with separate guest suite with 2 bedrooms, 2 baths, kitchen & laundry room. The main 4 bedroom 3 bath walkout ranch style home with attached 3 car garage overlooking park like setting of a stocked pond & fed by an natural spring has approximately 2757 finished sq ft with MANY updates. Updated kitchen features tile flooring, built-in double oven & is adjacent to the dining room with hardwood flooring & spiral staircase to lower level. Updated bath with tile floor, quartz vanity, whirlpool tub & tile surround. Lower level family room, media room/den & updated bath. Award winning NFBA award & this acreage is truly one of a kind!

Last Agent to Sell the Property

Marian Flink

SKOGMAN REALTY Listed on: 10/14/2013

SKOGMAN REALTY

Last Buyer's Agent

Heather Morris

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,496

Year Built

  • 1969

Lot Details

  • 11.66 Acre Lot
  • Waterfront
  • Fenced
  • Wooded Lot

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,496

Year Built

1969

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 11.6600
  • Above Grade Finished Sq Ft: 1867
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Marion
  • Dining Features: Breakfast Bar, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 5496
  • List User Cell Phone: 319-350-3992
  • Low Lvl Fin Sq Ft: 890
  • Miscellaneous: Cable Ready, Deck, Fencing
  • Net Tax: 5312
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.85776
  • Ratio Close Price By Original Li: 0.85776
  • Ratio Current Price By Sq Ft: 321.37
  • Total Sq Ft: 2757
  • Tax Roll Number: 102112600200000 & 102112600400000
  • Water Sewer Roads: Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1969

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Electric, Water Softener - Own
  • Additional Room: Den/Study, Living Room, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Water Front, Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick

Garage/Parking

  • Garage/Parking: 4 Or More Cars, Attached, Detached, Heated Garage
  • Garage Size: 6 ++

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

  • Elementary School: Linn Grove
  • Middle School: Excelsior
  • High School: Linn Mar

Lot Info

  • Lot Size: 11.66 ACR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2013
Closed on
May 13, 2014
Sold by
Lagrange Brice E and Lagrange Tricia L
Bought by
Gormley Paul A and Gormley Trudy K
Seller's Agent
Marian Flink
SKOGMAN REALTY
Buyer's Agent
Heather Morris
SKOGMAN REALTY
List Price
$699,500
Sold Price
$600,000
Premium/Discount to List
-$99,500
-14.22%
Current Estimated Value
$592,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,028
Avg. Annual Appreciation
-0.10%
Original Mortgage
$480,000
Outstanding Balance
$362,921
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$230,051

Purchase Details

Closed on
May 12, 2008
Sold by
Lagrange Brice E and Lagrange Tricia L
Bought by
Lagrange Brice E and Lagrange Tricia L

Purchase Details

Closed on
Feb 26, 2008
Sold by
Elson Keith V and Elson Barbara A
Bought by
Lagrange Tricia L

Purchase Details

Closed on
Dec 31, 2007
Sold by
Elson Keith V and Elson Barbara A
Bought by
Lagrange Tricia L
Source: Public Records

Range of Values:

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Average Value
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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
Gormley Paul A $600,000 None Available
Lagrange Brice E -- None Available
Lagrange Tricia L -- None Available
Lagrange Tricia L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gormley Paul A $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2014 05/16/14 Sold $600,000 -14.2% $218 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
10/14/2013 10/14/13 For Sale $699,500 -- $254 / 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
2025 $9,168 $730,700 $120,000 $610,700
2024 $9,008 $670,600 $120,000 $550,600
2023 $9,008 $692,300 $120,000 $572,300
2022 $861,800 $412,400 $6,600 $405,800
2021 $8,580 $412,400 $6,600 $405,800
2020 $8,476 $384,100 $7,000 $377,100
2019 $7,232 $384,100 $7,000 $377,100
2018 $6,020 $335,700 $9,500 $326,200
2017 $7,039 $337,700 $10,800 $326,900
2016 $7,039 $337,700 $10,800 $326,900
2015 $6,945 $337,400 $15,300 $322,100
2014 $6,758 $260,400 $15,300 $245,100
2013 $4,748 $260,400 $15,300 $245,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1307081

Cedar Rapids Area Association of REALTORS®

APN: 10211-26002-00000