NOT LISTED FOR SALE

202 1st Ave SE Mount Vernon, IA 52314

Estimated Value: $203,000 - $260,000

5 Beds
2 Baths
1,571 Sq Ft
$154/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $65,000 $41 Per Sq Ft

Est. 272% increase in value since last sale

Current estimated payment $1,512/month

7 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Formal Dining Room
  • Living Room
  • Mount Vernon Middle School Rated A-
  • Eat-In Kitchen

About This Home

As of July 2020

Investor Alert!! This property would make a great rental located in a wonderful community with Cornell College just down the road. Needs a new roof and has active leaks. Beautiful knotty pine on the main level, lots of character and situated in a great location on a large lot, lots of potential if someone wanted to build a large garage. Being sold as is. Price reflects repairs needed to the home. Assessed value is $96,000.

Last Agent to Sell the Property

Mary Chmelicek

SKOGMAN REALTY Listed on: 05/18/2020

Last Buyer's Agent

Bob Kalous

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Year Built

  • 1890

Lot Details

  • Lot Dimensions are 66 x 132

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,571 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

1890

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1571
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • City Name: Mt Vernon
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 2052
  • List User Cell Phone: 319-533-0543
  • Net Tax: 1864
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.94203
  • Ratio Close Price By Original Li: 0.94203
  • Ratio Current Price By Sq Ft: 41.37
  • Total Sq Ft: 1571
  • Taxable Value Tv: 96000.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1890

Interior Features

  • Appliances Included: Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • 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

Utilities

  • Heating Cooling: Gas Heat

Schools

  • Elementary School: Mt Vernon
  • Middle School: Mt Vernon
  • High School: Mt Vernon

Lot Info

  • Lot Size: 66 X 132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2021
Sold by
Greased Elbow Investments Llc
Bought by
Amundson Shane
Current Estimated Value
$242,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Outstanding Balance
$148,724
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$95,180

Purchase Details

Closed on
Jan 22, 2003
Sold by
Buls Matthew Paul and Buls Mark J
Bought by
Bragg Cheri S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.01%

Purchase Details

Closed on
Jan 10, 2003
Sold by
Mcnaught Jeannie Lynn and Buls Jeannie Lynn
Bought by
Buls Mark J and Buls Mark John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.01%
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
Amundson Shane $210,000 None Available
Bragg Cheri S $68,500 --
Buls Mark J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amundson Shane $168,000
Previous Owner Bragg Cheri S $64,500
Previous Owner Bragg Cheri S $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $65,000 -5.8% $41 / Sq Ft
05/25/2020 05/25/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $69,000 -- $44 / 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 $2,662 $165,700 $23,800 $141,900
2023 $2,662 $165,700 $23,800 $141,900
2022 $1,880 $126,900 $23,800 $103,100
2021 $1,912 $91,700 $23,800 $67,900
2020 $1,912 $96,000 $23,800 $72,200
2019 $1,818 $90,800 $23,800 $67,000
2018 $1,772 $90,800 $23,800 $67,000
2017 $1,927 $88,700 $23,800 $64,900
2016 $1,927 $88,700 $23,800 $64,900
2015 $1,925 $88,700 $23,800 $64,900
2014 $1,736 $88,700 $23,800 $64,900
2013 $1,676 $88,700 $23,800 $64,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2003686

Cedar Rapids Area Association of REALTORS®

APN: 17103-82001-00000