NOT LISTED FOR SALE

206 E Preston St Stanwood, IA 52337

Estimated Value: $70,000 - $79,000

1 Bed
1 Bath
870 Sq Ft
$85/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $70,000 $80 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $483/month

17 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Cooling System
  • 2-minute walk to Stanwood City Park
  • Main Floor Primary Bedroom

About This Home

As of January 2024

Introducing a cozy 1 bed, 1 bath in the heart of Stanwood. This property has a unique feature - not one but two one-stall garages, offering plenty of space for vehicles or storage space. It also provides a spacious backyard that is easily fencible. There are renovation and customization opportunities to make the property your own or an investment!

Last Listed By

Denver Meinert

Pinnacle Realty LLC Listed on: 11/06/2023

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $828

Year Built

  • 1950

Lot Details

  • 8,625 Sq Ft Lot

Home Design

  • 870 Sq Ft Home
  • Ranch Style House
  • Slab Foundation

Kitchen

  • Range
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$828

Year Built

1950

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1980
  • Above Grade Finished Sq Ft: 870
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • City Name: Stanwood
  • Gross Tax: 828
  • List User Cell Phone: 563-554-4058
  • Net Tax: 828
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.93333
  • Ratio Close Price By Original Li: 0.90323
  • Ratio Current Price By Sq Ft: 80.46
  • Total Sq Ft: 870
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Appliances Included: Disposal, Dryer, Range, Refrigerator, Washer, Water Heater – Gas
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 4

Garage/Parking

  • Garage/Parking: 2 Cars, Off Street Parking, On Street Parking

Utilities

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

Schools

  • Elementary School: North Cedar
  • Middle School: North Cedar
  • High School: North Cedar

Lot Info

  • Lot Size: 8640 sqft

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
Jan 2, 2024
Sold by
Pierce Gregory R
Bought by
Busks Jody M
Seller's Agent
Denver Meinert
Pinnacle Realty LLC
Buyer's Agent
Randy Richter
RUHL & RUHL REALTORS®
List Price
$77,500
Sold Price
$70,000
Premium/Discount to List
-$7,500
-9.68%
Total Days on Market
17
Views
32
Current Estimated Value
$74,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,136
Avg. Annual Appreciation
4.41%
Original Mortgage
$68,732
Outstanding Balance
$67,857
Interest Rate
7.03%
Mortgage Type
FHA
Estimated Equity
$6,279

Purchase Details

Closed on
Oct 29, 2021
Sold by
Walker Jr John P and Walker Alyssa
Bought by
Pierce Gregory R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$863,131
Interest Rate
3.11%
Mortgage Type
New Conventional

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
Busks Jody M $70,000 None Listed On Document
Pierce Gregory R $62,500 Vollertsez Britt & Gorsline Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busks Jody M $68,732
Previous Owner Pierce Gregory R $863,131
Previous Owner Pierce Gregory R $63,131
Previous Owner Klotz Kenneth R $57,142
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $70,000 -6.7% $80 / Sq Ft
11/23/2023 11/23/23 Pending -- -- --
11/20/2023 11/20/23 Price Changed $75,000 -3.2% $86 / Sq Ft
11/10/2023 11/10/23 For Sale $77,500 0.0% $89 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
11/06/2023 11/06/23 For Sale $77,500 -- $89 / 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 $862 $52,000 $13,680 $38,320
2023 $862 $52,540 $13,680 $38,860
2022 $802 $42,900 $10,260 $32,640
2021 $786 $42,900 $10,260 $32,640
2020 $706 $40,860 $10,260 $30,600
2019 $970 $54,020 $10,260 $30,600
2018 $934 $54,020 $0 $0
2017 $970 $52,810 $0 $0
2016 $946 $52,810 $0 $0
2015 $908 $52,810 $0 $0
2014 $908 $52,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2307279

Cedar Rapids Area Association of REALTORS®

APN: 0460-02-24-352-013-0